Flowace Technologies Private Limited

IT design and development services including time tracking, invoicing, and GPS monitoring.

2018 | Thane, Maharashtra (India) | Active
Last Updated: October 24, 2024

Flowace Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 24.22%
  • Profit Growth -381.80%
  • Ebitda -170.41%
  • Net Worth -60.77%
  • Total Assets -4.73%

About Flowace Technologies

Flowace Technologies Private Limited (FTPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 20 December 2018 (Six years and two months 6 days old ). Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Information Technology 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 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Tarun Kodnani and Varun Kodnani serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    flowace.ai

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U72900MH2018PTC318603

  • Company No.

    318603

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Dec 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

Who are the key members and board of directors at Flowace Technologies?

Board Members (2)

NameDesignationAppointment DateStatus
Tarun Kodnani Country flag representing In Director 20-Dec-2018Current
Varun Kodnani Country flag representing In Director 20-Dec-2018Current

Financial Performance of Flowace Technologies.

Flowace Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.22% increase. The company also saw a substantial fall in profitability, with a 381.8% decrease in profit. The company's net worth observed a substantial decline by a decrease of 60.77%.

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
24.22%
Revenue from Operations
24.06%
Total Assets
-4.73%
Profit or Loss
-381.80%
Net Worth
-60.77%
EBITDA
-170.41%

What is the Ownership and Shareholding Structure of Flowace Technologies?

In 2023, Flowace Technologies had a promoter holding of 94.86% and a public holding of 5.14%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Flowace Technologies?

Unlock and access historical data on people associated with Flowace Technologies, 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 Flowace Technologies, 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 Flowace Technologies'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 Flowace Technologies

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Flowace Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Tarun Rajesh Kodnani was appointed as a Director was appointed as a Director on 20 Dec 2018 & has been associated with this company since 6 years 2 months .

    20 Dec 2018

  • Director Appointment

    Varun Rajesh Kodnani was appointed as a Director was appointed as a Director on 20 Dec 2018 & has been associated with this company since 6 years 2 months .

    20 Dec 2018

  • Company Incorporation

    Flowace Technologies Private Limited was registered on 20 Dec 2018 with Roc Mumbai & aged 6 years 2 months as per MCA records.

    20 Dec 2018

Frequently asked questions

  • Flowace Technologies Private Limited was incorporated on 20 Dec 2018.

  • The authorized share capital of Flowace Technologies Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Flowace Technologies Private Limited.

    • Tarun Rajesh Kodnani
    • Varun Rajesh Kodnani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Flowace Technologies Private Limited is Unit -116 Building No. 2(A-3) Sector-1 Millennium Business Park Mahape, India, Navi Mumbai, Maharashtra, 400710.

  • The corporate identification number (CIN) of Flowace Technologies Private Limited is U72900MH2018PTC318603 and the company number is 318603 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Flowace Technologies Private Limited is https://www.flowace.ai

  • According to the financial reports for the fiscal year 2023, the revenue trend for Flowace Technologies Private Limited has risen by 24.22%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Flowace Technologies Private Limited has experienced an downturn of -60.77%.

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