Fomento Trading Private Limited

Global trading of building materials and machinery equipment, components, and spare parts.

2004 | Mumbai, Maharashtra (India) | Active
Last Updated:

Fomento Trading Profile

Key Indicators

  • Authorised Capital ₹ 12.01 Cr
  • Paid Up Capital ₹ 10.65 Cr
  • Company Age 20 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 15.26%
  • Profit Growth -567.86%
  • Ebitda -132.45%
  • Net Worth -3.71%
  • Total Assets -3.99%

About Fomento Trading

Fomento Trading Private Limited (FTPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 November 2004 and has a history of 20 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Metals And Minerals 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 12.01 Cr and a paid-up capital of Rs 10.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Fomento Trading Private Limited India is Madhu Paliwal as COMPANY SECRETARY. Prashant Timblo, Janki Thakur, and Sandip Gaonker serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51900MH2004PTC149418

  • Company No.

    149418

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Nov 2004

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at Fomento Trading?

Executive Team (1)

NameDesignationAppointment DateStatus
Madhu Paliwal Country flag representing In Company Secretary01-Jan-2019Current

Board Members (3)

NameDesignationAppointment DateStatus
Prashant Timblo Country flag representing Ca Director 08-Nov-2004Current
Janki Thakur Country flag representing In Director 14-Sep-2018Current
Sandip Gaonker Director 29-Sep-2023Current

Financial Performance of Fomento Trading.

Fomento Trading Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 15.26% increase. The company also saw a substantial fall in profitability, with a 567.86% decrease in profit. The company's net worth dipped by a decrease of 3.71%.

Fomento Trading revenue growth over time
Fomento Trading 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
15.26%
Revenue from Operations
Total Assets
-3.99%
Profit or Loss
-567.86%
Net Worth
-3.71%
EBITDA
-132.45%

What is the Ownership and Shareholding Structure of Fomento Trading?

In 2021, Fomento Trading had a promoter holding of 100.00%. 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 Fomento Trading?

Unlock and access historical data on people associated with Fomento Trading, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Fomento Trading Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fomento Trading, 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 Fomento Trading'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 Fomento Trading

Recent activity within the organization

  • Annual General Meeting

    Fomento Trading Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Director Appointment

    Sandip Vasant Gaonker was appointed as a Director was appointed as a Director on 29 Sep 2023 & has been associated with this company since 1 year 5 months .

  • Balance Sheet

    Fomento Trading Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Madhu Paliwal was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jan 2019 & has been associated with this company since 6 years 2 months .

  • Director Appointment

    Janki G Thakur was appointed as a Director was appointed as a Director on 14 Sep 2018 & has been associated with this company since 6 years 5 months .

  • Director Appointment

    Prashant Timblo was appointed as a Director was appointed as a Director on 08 Nov 2004 & has been associated with this company since 20 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Fomento Trading Private Limited?

    Fomento Trading Private Limited was incorporated on 05 Nov 2004.

  • What is authorized share capital and paid-up capital of Fomento Trading Private Limited?

    The authorized share capital of Fomento Trading Private Limited is ₹ 12.01 Cr and paid-up capital is ₹ 10.65 Cr.

  • Who are the current board members & directors of Fomento Trading Private Limited?

    Currently 4 directors are associated with Fomento Trading Private Limited.

    • Prashant Timblo
    • Janki G Thakur
    • Sandip Vasant Gaonker
    • Madhu Paliwal

  • What is the registered address of Fomento Trading Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Fomento Trading Private Limited is 1016 Maker Chamber Vnariman Point India, Mumbai, Maharashtra, 400021.

  • What is the corporate identification number (CIN) and company number of Fomento Trading Private Limited?

    The corporate identification number (CIN) of Fomento Trading Private Limited is U51900MH2004PTC149418 and the company number is 149418 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Fomento Trading Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Fomento Trading Private Limited has risen by 15.26%.

  • What change has been observed in the net worth of Fomento Trading Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Fomento Trading Private Limited has experienced an downturn of -3.71%.

  • When was the last Balance Sheet of Fomento Trading Private Limited filed with the ROC?

    The most recent Balance Sheet for Fomento Trading Private Limited was filed with the ROC on 31 Mar 2023.

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