Flutech Engineering Profile
Key Indicators
- Authorised Capital ₹ 2.30 Cr
- Paid Up Capital ₹ 2.02 Cr
- Company Age 14 Year, 7 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 seven 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
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U29253KA2010PTC054098
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Company No.
054098
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
17 Jun 2010
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
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
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Director | 17-Jun-2010 | Current |
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Subramanya Ashwini
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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%.
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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)
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Flutech Interiors India Private LimitedShambu Bhat and Subramanya Ashwini are mutual person
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Comfytronics Private LimitedShambu Bhat is a mutual person
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Earthlinks Infra Private LimitedShambu Bhat is a mutual person
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Yosdhi Learning Ventures Private Limited
Shambu Bhat and Subramanya Ashwini are mutual person
Charges (Loans)
₹1.33 Cr
₹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.
