Floway Valves Private Limited

Manufactures industrial valves such as diaphragm, check, and needle valves.

1988 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 31, 2024

Floway Valves Profile

Key Indicators

  • Authorised Capital ₹ 9.50 M
  • Paid Up Capital ₹ 9.21 M
  • Company Age 36 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.88 Cr
  • Revenue Growth 8.63%
  • Profit Growth -140.26%
  • Ebitda -56.19%
  • Net Worth -3.54%
  • Total Assets 2.03%

About Floway Valves

Floway Valves Private Limited (FVPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 December 1988 and has a history of 36 years and two months. Its registered office is in Chennai, Tamil Nadu, India.

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 9.50 M and a paid-up capital of Rs 9.21 M.

The company currently has active open charges totaling ₹1.88 Cr.

Nallathambipillai Rajaram, Niroshini Rajaram, Rajaram Subashini, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29142TN1988PTC016605

  • Company No.

    016605

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Dec 1988

  • Date of AGM

    23 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

What products or services does Floway Valves Private Limited offer?

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

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

Executive Team (1)

NameDesignationAppointment DateStatus
Nallathambipillai Rajaram Country flag representing In Managing Director09-Aug-2006Current

Board Members (3)

NameDesignationAppointment DateStatus
Niroshini Rajaram Country flag representing In Director 06-Jan-2006Current
Rajaram Subashini Country flag representing In Additional Director 12-Oct-2023Current
Satish Jutti Country flag representing In Director 02-Apr-2020Current

Financial Performance of Floway Valves.

Floway Valves Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.63% increase. The company also saw a substantial fall in profitability, with a 140.26% decrease in profit. The company's net worth dipped by a decrease of 3.54%.

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
8.63%
Revenue from Operations
11.04%
Total Assets
2.03%
Profit or Loss
-140.26%
Net Worth
-3.54%
EBITDA
-56.19%

What is the Ownership and Shareholding Structure of Floway Valves?

In 2023, Floway Valves had a promoter holding of 99.42% and a public holding of 0.58%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹18.78 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Karur Vysya Bank Limited : 0.99 Cr
  • Others : 0.43 Cr
  • The Tamil Nadu Industrial Investment Corp. Ltd : 0.34 Cr
  • The Karur Vysya Bank Ltd : 0.06 Cr
  • Anz Grindlays Bank : 0.03 Cr
  • Others : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
11 Dec 2023Others₹1.34 MOpen
04 May 2022Others₹0.79 MOpen
27 Apr 2016Others₹2.20 MOpen
29 Jun 2011The Karur Vysya Bank Limited₹7.43 MOpen
26 Feb 2011The Karur Vysya Bank Ltd₹0.60 MOpen

How Many Employees Work at Floway Valves?

Floway Valves has a workforce of 5 employees as of Apr 09, 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 Floway 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 Floway 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 Floway Valves

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.34 M with Charge ID 100834781 was registered on 11 Dec 2023.

    11 Dec 2023

  • Director Appointment

    Rajaram Subashini was appointed as a Additional Director was appointed as a Additional Director on 12 Oct 2023 & has been associated with this company since 1 year 4 months .

    12 Oct 2023

  • Annual General Meeting

    Floway Valves Private Limited last Annual general meeting of members was held on 23 Sep 2023 as per latest MCA records.

    23 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.79 M with Charge ID 100596371 was registered on 04 May 2022.

    04 May 2022

  • Director Appointment

    Satish Mohanram Jutti was appointed as a Director was appointed as a Director on 02 Apr 2020 & has been associated with this company since 4 years 10 months .

    02 Apr 2020

Frequently asked questions

  • Floway Valves Private Limited was incorporated on 13 Dec 1988.

  • The authorized share capital of Floway Valves Private Limited is ₹ 9.50 M and paid-up capital is ₹ 9.21 M.

  • Currently 4 directors are associated with Floway Valves Private Limited.

    • Nallathambipillai Rajaram
    • Niroshini Rajaram
    • Rajaram Subashini
    • Satish Mohanram Jutti
  • As per Ministry of Corporate Affairs (Mca), the registered address of Floway Valves Private Limited is Sp-156 Ambattur Industrial Estate Ambattur, Chennai, Tamil Nadu, India, 600058.

  • The corporate identification number (CIN) of Floway Valves Private Limited is U29142TN1988PTC016605 and the company number is 016605 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Floway Valves Private Limited is https://www.flowayvalves.tradeindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Floway Valves Private Limited has risen by 8.63%.

  • As Per 2023 financial reports, 5 employees are currently employed by Floway Valves Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Floway Valves Private Limited has experienced an downturn of -3.54%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Floway Valves Private Limited amount to ₹ 1.88 Cr.

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

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