Flutech Engineering Profile
Key Indicators
- Authorised Capital ₹ 2.30 Cr
- Paid Up Capital ₹ 2.02 Cr
- Company Age 14 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.33 Cr
- Satisfied Charges ₹ 2.42 Cr
- Revenue Growth -14.84%
- Profit Growth -64.20%
- Ebitda -33.44%
- Net Worth 7.46%
- Total Assets -7.81%
About Flutech Engineering
Flutech Engineering Private Limited (FEPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 June 2010 and has a history of 14 years and nine months. Its registered office is in Bangaluru, Karnataka, 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 2.30 Cr and a paid-up capital of Rs 2.02 Cr.
The company currently has active open charges totaling ₹1.33 Cr. The company has closed loans amounting to ₹2.42 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shambu Bhat and Subramanya Ashwini serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29253KA2010PTC054098
- Company No.
054098
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Jun 2010
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Machinery and Equipment
What products or services does Flutech Engineering Private Limited offer?
Flutech Engineering Private Limited offers a wide range of products and services, including Hydraulic & Pneumatic Machines, Hydraulic Press, Wire Drawing & Cabling Machines, Wire Forming Machine, Hydraulic Shearing Machine, Soldering Machines and Accesories, Soldering Equipment, Machines & Equipments, Pipe Making Machinery, Die Casting Mould & Moulding Tools.
Who are the key members and board of directors at Flutech Engineering?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shambu Bhat  | Director | 17-Jun-2010 | Current |
| Subramanya Ashwini | Director | 02-Jul-2019 | Current |
Financial Performance of Flutech Engineering.
Flutech Engineering Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.84% decrease. The company also saw a substantial fall in profitability, with a 64.2% decrease in profit. The company's net worth moved up by a moderate rise of 7.46%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Flutech Engineering?
In 2023, Flutech Engineering had a promoter holding of 99.36% and a public holding of 0.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Flutech Interiors India Private LimitedShambu Bhat and Subramanya Ashwini are mutual person
Comfytronics Private LimitedShambu Bhat is a mutual person
Earthlinks Infra Private LimitedShambu Bhat is a mutual person
- Yosdhi Learning Ventures Private Limited
Shambu Bhat and Subramanya Ashwini are mutual person
Charges (Loans)
Open Charges
₹1.33 Cr
Satisfied Charges
₹2.42 Cr
Charges Breakdown by Lending Institutions
- Others : 1.31 Cr
- Dhanlaxmi Bank Limited : 0.02 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 May 2024 | Dhanlaxmi Bank Limited | ₹0.18 M | Open |
| 25 Aug 2022 | Others | ₹8.00 M | Open |
| 25 Aug 2022 | Others | ₹2.98 M | Open |
| 25 Aug 2022 | Others | ₹2.15 M | Open |
| 30 Sep 2020 | Karnataka Bank Ltd. | ₹4.00 M | Satisfied |
How Many Employees Work at Flutech Engineering?
Flutech Engineering has a workforce of 19 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Flutech Engineering, 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 Flutech Engineering's trajectory.
Rating
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
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 Flutech Engineering
Recent activity within the organization
- Charges
A charge with Dhanlaxmi Bank Limited amounted to Rs. 0.02 Cr with Charge ID 100958137 was registered on 27 May 2024.
- Charges
A charge with Others of Rs. 0.80 Cr registered on 25 Aug 2022 with Charge ID 100605126 was modified on 22 Dec 2023.
- Annual General Meeting
Flutech Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge registered on 30 Sep 2020 via Charge ID 100420076 with Karnataka Bank Ltd. was fully satisfied on 25 Jul 2023.
- Charges
A charge registered on 22 Jun 2020 via Charge ID 100420062 with Karnataka Bank Ltd. was fully satisfied on 25 Jul 2023.
- Charges
A charge registered on 13 Dec 2019 via Charge ID 100328285 with Karnataka Bank Ltd. was fully satisfied on 25 Jul 2023.
Frequently asked questions
What is the Incorporation or founding date of Flutech Engineering Private Limited?
Flutech Engineering Private Limited was incorporated on 17 Jun 2010.
What is authorized share capital and paid-up capital of Flutech Engineering Private Limited?
The authorized share capital of Flutech Engineering Private Limited is ₹ 2.30 Cr and paid-up capital is ₹ 2.02 Cr.
Who are the current board members & directors of Flutech Engineering Private Limited?
Currently 2 directors are associated with Flutech Engineering Private Limited.
- Shambu Venkatramanya Subramanya Bhat
- Subramanya Bhat Venkataramanya Ashwini
What is the registered address of Flutech Engineering Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Flutech Engineering Private Limited is 57/A I Floor 5 Th Main Behind Leela Palace Kodihalli, Old Airport Road India, Bangalore, Karnataka, 560008.
What is the corporate identification number (CIN) and company number of Flutech Engineering Private Limited?
The corporate identification number (CIN) of Flutech Engineering Private Limited is U29253KA2010PTC054098 and the company number is 054098 as per Ministry of Corporate Affairs (MCA).
What is the official website of Flutech Engineering Private Limited?
The Official website of Flutech Engineering Private Limited is https://www.flutech.in
What has been the recent revenue trend for Flutech Engineering Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Flutech Engineering Private Limited has fallen by -14.84%.
How many employees does Flutech Engineering Private Limited currently have?
As Per 2023 financial reports, 19 employees are currently employed by Flutech Engineering Private Limited.
What change has been observed in the net worth of Flutech Engineering Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Flutech Engineering Private Limited has experienced an upsurge of 7.46%.
What are the total open charges for Flutech Engineering Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Flutech Engineering Private Limited amount to ₹ 1.33 Cr.
When was the last Balance Sheet of Flutech Engineering Private Limited filed with the ROC?
The most recent Balance Sheet for Flutech Engineering Private Limited was filed with the ROC on 31 Mar 2023.
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