Flotech Velvets Private Ltd

Manufactures and sells flocked PVC sheets, non-woven fabric, and paper.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated: December 05, 2024

Flotech Velvets Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 30 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.04 M
  • Satisfied Charges ₹ 8.14 M
  • Revenue Growth 16.00%
  • Profit Growth 169.70%
  • Ebitda -20.50%
  • Net Worth 499.52%
  • Total Assets 6.09%

About Flotech Velvets

Flotech Velvets Private Ltd (FVPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 May 1994 and has a history of 30 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹1.04 M. The company has closed loans amounting to ₹8.14 M, as per Ministry of Corporate Affairs (MCA) records.

Rajesh Chhabriya and Rajani Chhabriya serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17120MH1994PTC078266

  • Company No.

    078266

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 May 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Flotech Velvets?

Board Members (2)

Name Designation Appointment Date Status
Rajesh Chhabriya Country flag representing In Director 10-May-1994 Current
Rajani Chhabriya Country flag representing In Director 27-Mar-2019 Current

Financial Performance of Flotech Velvets.

Flotech Velvets Private Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 16% increase. The company also saw a substantial improvement in profitability, with a 169.7% increase in profit. The company's net worth Soared by an impressive increase of 499.52%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
16.00%
Revenue from Operations
16.19%
Total Assets
6.09%
Profit or Loss
169.70%
Net Worth
499.52%
EBITDA
-20.50%

What is the Ownership and Shareholding Structure of Flotech Velvets?

In 2019, Flotech Velvets had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.04 M

Satisfied Charges

₹8.14 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
22 Jun 2022 Hdfc Bank Limited ₹1.04 M Open
28 Sep 2017 Others ₹5.75 M Satisfied
27 Sep 2017 Others ₹1.80 M Satisfied
30 Jul 2017 Others ₹0.59 M Satisfied

How Many Employees Work at Flotech Velvets?

Flotech Velvets has a workforce of 8 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Flotech Velvets, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Flotech Velvets's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Flotech Velvets

Recent activity within the organization

  • Annual General Meeting

    Flotech Velvets Private Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Flotech Velvets Private Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 28 Sep 2017 via Charge ID 100135674 with Others was fully satisfied on 25 Jul 2022.

    25 Jul 2022

  • Charges

    A charge registered on 30 Jul 2017 via Charge ID 100134392 with Others was fully satisfied on 11 Jul 2022.

    11 Jul 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.04 M with Charge ID 100589334 was registered on 22 Jun 2022.

    22 Jun 2022

  • Charges

    A charge registered on 27 Sep 2017 via Charge ID 100141016 with Others was fully satisfied on 27 Apr 2021.

    27 Apr 2021

Frequently asked questions

  • Flotech Velvets Private Ltd was incorporated on 09 May 1994.

  • The authorized share capital of Flotech Velvets Private Ltd is ₹ 1.50 M and paid-up capital is ₹ 1.50 M.

  • Currently 2 directors are associated with Flotech Velvets Private Ltd.

    • Rajesh Murlidhar Chhabriya
    • Rajani Vijayraj Chhabriya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Flotech Velvets Private Ltd is Gala No 19/26/35 B Bldgseksaria Ind Estate Chincholi Bunder Rd S V Malad (W) India, Mumbai, Maharashtra, 400064.

  • The corporate identification number (CIN) of Flotech Velvets Private Ltd is U17120MH1994PTC078266 and the company number is 078266 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Flotech Velvets Private Ltd has risen by 16.00%.

  • As Per 2022 financial reports, 8 employees are currently employed by Flotech Velvets Private Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Flotech Velvets Private Ltd has experienced an upsurge of 499.52%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Flotech Velvets Private Ltd amount to ₹ 1.04 M.

  • The most recent Balance Sheet for Flotech Velvets Private Ltd was filed with the ROC on 31 Mar 2024.

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