Flovel Valves Private Limited

Manufacturer of industrial valves for petrochemical, oil and gas, and cooling water industries.

2005 | Dist. Anand, Gujarat (India) | Active
Last Updated: July 09, 2024

Flovel Valves Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.56 Cr
  • Company Age 19 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.77 Cr
  • Satisfied Charges ₹ 5.80 Cr
  • Revenue Growth 63.57%
  • Profit Growth 14.83%
  • Ebitda 148.27%
  • Net Worth 2.96%
  • Total Assets -18.82%

About Flovel Valves

Flovel Valves Private Limited (FVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 December 2005 and has a history of 19 years and one month. Its registered office is in Dist. Anand, Gujarat.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.56 Cr.

The company currently has active open charges totaling ₹20.77 Cr. The company has closed loans amounting to ₹5.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Satishkumar Mehta, Mukesh Mehta, and Naresh Mehta serve as directors at the Company.

Company Details

  • Location
    Dist. Anand, Gujarat
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29120GJ2005PTC047307

  • Company No.

    047307

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Dec 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Flovel Valves Private Limited offer?

Flovel Valves Private Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Check Valves, Disc Check Valves, Industrial Valves.

Who are the key members and board of directors at Flovel Valves?

Board Members (3)

Name Designation Appointment Date Status
Naresh Mehta Country flag representing In Additional Director 20-Jun-2019 Current
Satishkumar Mehta Country flag representing In Director 20-Jun-2019 Current
Mukesh Mehta Country flag representing In Director 20-Jun-2019 Current

Financial Performance of Flovel Valves.

Flovel Valves Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 63.57% increase. The company also saw a substantial improvement in profitability, with a 14.83% increase in profit. The company's net worth moved up by a moderate rise of 2.96%.

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
63.57%
Revenue from Operations
64.18%
Total Assets
-18.82%
Profit or Loss
14.83%
Net Worth
2.96%
EBITDA
148.27%

What is the Ownership and Shareholding Structure of Flovel Valves?

In 2023, Flovel Valves had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.77 Cr

Satisfied Charges

₹5.80 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 13.57 Cr
  • Hdfc Bank Limited : 7.20 Cr

Latest Charge Details

Date Lender Amount Status
02 Nov 2022 Hdfc Bank Limited ₹7.20 Cr Open
11 Jul 2019 Axis Bank Limited ₹1.15 Cr Open
21 Jun 2013 Axis Bank Limited ₹12.42 Cr Open
08 May 2006 Bank Of Baroda ₹2.90 Cr Satisfied
29 Apr 2006 Bank Of Baroda ₹2.90 Cr Satisfied

How Many Employees Work at Flovel Valves?

Unlock and access historical data on people associated with Flovel Valves, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Flovel Valves, 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 Flovel Valves'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 Flovel Valves

Recent activity within the organization

  • Annual General Meeting

    Flovel Valves Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Flovel Valves Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 7.20 Cr registered on 02 Nov 2022 with Charge ID 100657830 was modified on 21 Mar 2023.

    21 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 7.20 Cr with Charge ID 100657830 was registered on 02 Nov 2022.

    02 Nov 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 1.15 Cr registered on 11 Jul 2019 with Charge ID 100283903 was modified on 20 Aug 2020.

    20 Aug 2020

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.15 Cr with Charge ID 100283903 was registered on 11 Jul 2019.

    11 Jul 2019

Frequently asked questions

  • Flovel Valves Private Limited was incorporated on 19 Dec 2005.

  • The authorized share capital of Flovel Valves Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.56 Cr.

  • Currently 3 directors are associated with Flovel Valves Private Limited.

    • Satishkumar Mafatlal Mehta
    • Mukesh Mafatlal Mehta
    • Naresh Mafatlal Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Flovel Valves Private Limited is Plot ;No. 1201 Phase Iv, Gidcind. Estate Vithal Udyog Nagar 388121 India, Dist. Anand, Gujarat.

  • The corporate identification number (CIN) of Flovel Valves Private Limited is U29120GJ2005PTC047307 and the company number is 047307 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Flovel Valves Private Limited is https://www.flovelvalves.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Flovel Valves Private Limited has risen by 63.57%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Flovel Valves Private Limited has experienced an upsurge of 2.96%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Flovel Valves Private Limited amount to ₹ 20.77 Cr.

  • The most recent Balance Sheet for Flovel Valves Private Limited was filed with the ROC on 31 Mar 2023.

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