Followel Engineering Ltd
Finance and share trading company specializing in iron and steel products, established in 1981.
1981 | Kolkata, West Bengal (India) | Active
Followel Engineering Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.45 Cr
- Company Age 43 Year, 10 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 ten 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manish Jhunjhunwala  | Director | 22-Feb-2007 | Current |
| Kashinath Jhunjhunwala | Director | 01-Feb-1993 | Current |
| Siddharth Jhunjhunwala | Director | 30-Jul-2014 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Rashtra Udhyog LtdKashinath Jhunjhunwala and Manish Jhunjhunwala are mutual person
- Rashtra Cement Company Ltd
Kashinath Jhunjhunwala, Siddharth Jhunjhunwala and 1 more are mutual person
- Jhunjhunwala Glass Ltd
Kashinath Jhunjhunwala and Manish Jhunjhunwala are mutual person
- Trans Made Energy Limited
Kashinath Jhunjhunwala and Manish Jhunjhunwala are mutual person
- Radhakishan Jhunjhunwala Investment Pvt Ltd
Kashinath Jhunjhunwala is a mutual person
- Vishnu Mercantiles Pvt. Ltd.
Kashinath Jhunjhunwala, Siddharth Jhunjhunwala and 1 more are mutual person
Charges (Loans)
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.
Deals i
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
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 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.
- Balance Sheet
Followel Engineering Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
- 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 8 months .
- 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 1 month .
- 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 1 month .
- Company Incorporation
Followel Engineering Ltd was registered on 06 May 1981 with Roc Kolkata & aged 43 years 10 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Followel Engineering Ltd?
Followel Engineering Ltd was incorporated on 06 May 1981.
What is authorized share capital and paid-up capital of Followel Engineering Ltd?
The authorized share capital of Followel Engineering Ltd is ₹ 5.00 Cr and paid-up capital is ₹ 3.45 Cr.
Who are the current board members & directors of Followel Engineering Ltd?
Currently 3 directors are associated with Followel Engineering Ltd.
- Kashinath Jhunjhunwala
- Siddharth Jhunjhunwala
- Manish Jhunjhunwala
What is the registered address of Followel Engineering Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Followel Engineering Ltd is 4 Clyde Row Hastings, India, Kolkata, West Bengal, 700022.
What is the corporate identification number (CIN) and company number of Followel Engineering Ltd?
The corporate identification number (CIN) of Followel Engineering Ltd is U74210WB1981PLC033626 and the company number is 033626 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Followel Engineering Ltd?
According to the financial reports for the fiscal year 2022, the revenue trend for Followel Engineering Ltd has risen by 463.23%.
What change has been observed in the net worth of Followel Engineering Ltd, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Followel Engineering Ltd has experienced an upsurge of 0.73%.
When was the last Balance Sheet of Followel Engineering Ltd filed with the ROC?
The most recent Balance Sheet for Followel Engineering Ltd was filed with the ROC on 31 Mar 2024.
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