Followel Engineering Ltd

Finance and share trading company specializing in iron and steel products, established in 1981.

1981 | Kolkata, West Bengal (India) | Active
Last Updated: December 14, 2024

Followel Engineering Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.45 Cr
  • Company Age 43 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 463.23%
  • Profit Growth 1148.59%
  • Ebitda -945.75%
  • Net Worth 0.73%
  • Total Assets -7.20%

About Followel Engineering

Followel Engineering Ltd (FEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 May 1981 and has a history of 43 years and nine months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kashinath Jhunjhunwala, Siddharth Jhunjhunwala, and Manish Jhunjhunwala serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74210WB1981PLC033626

  • Company No.

    033626

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 May 1981

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at Followel Engineering?

Board Members (3)

NameDesignationAppointment DateStatus
Manish Jhunjhunwala Country flag representing In Director 22-Feb-2007Current
Kashinath Jhunjhunwala Country flag representing In Director 01-Feb-1993Current
Siddharth Jhunjhunwala Country flag representing In Director 30-Jul-2014Current

Financial Performance of Followel Engineering.

Followel Engineering Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 463.23% increase. The company also saw a substantial improvement in profitability, with a 1148.59% increase in profit. The company's net worth moved up by a moderate rise of 0.73%.

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
463.23%
Revenue from Operations
21.33%
Total Assets
-7.20%
Profit or Loss
1148.59%
Net Worth
0.73%
EBITDA
-945.75%

What is the Ownership and Shareholding Structure of Followel Engineering?

In 2022, Followel Engineering had a promoter holding of 22.45% and a public holding of 77.55%. 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 Followel Engineering?

Unlock and access historical data on people associated with Followel Engineering, 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 Followel 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 Followel Engineering'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 Followel Engineering

Recent activity within the organization

  • Annual General Meeting

    Followel Engineering Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Followel Engineering Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Siddharth Jhunjhunwala was appointed as a Director was appointed as a Director on 30 Jul 2014 & has been associated with this company since 10 years 6 months .

    30 Jul 2014

  • Director Appointment

    Manish Jhunjhunwala was appointed as a Director was appointed as a Director on 22 Feb 2007 & has been associated with this company since 18 years 2 days .

    22 Feb 2007

  • Director Appointment

    Kashinath Jhunjhunwala was appointed as a Director was appointed as a Director on 01 Feb 1993 & has been associated with this company since 32 years 22 days .

    01 Feb 1993

  • Company Incorporation

    Followel Engineering Ltd was registered on 06 May 1981 with Roc Kolkata & aged 43 years 9 months as per MCA records.

    06 May 1981

Frequently asked questions

  • Followel Engineering Ltd was incorporated on 06 May 1981.

  • The authorized share capital of Followel Engineering Ltd is ₹ 5.00 Cr and paid-up capital is ₹ 3.45 Cr.

  • Currently 3 directors are associated with Followel Engineering Ltd.

    • Kashinath Jhunjhunwala
    • Siddharth Jhunjhunwala
    • Manish Jhunjhunwala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Followel Engineering Ltd is 4 Clyde Row Hastings, India, Kolkata, West Bengal, 700022.

  • The corporate identification number (CIN) of Followel Engineering Ltd is U74210WB1981PLC033626 and the company number is 033626 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Followel Engineering Ltd has risen by 463.23%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Followel Engineering Ltd has experienced an upsurge of 0.73%.

  • The most recent Balance Sheet for Followel Engineering Ltd was filed with the ROC on 31 Mar 2024.

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