Fores Elastomech India Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 8.29 M
- Company Age 19 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 87.33 Cr
- Satisfied Charges ₹ 27.23 Cr
- Revenue Growth 55.51%
- Profit Growth 121.89%
- Ebitda 19.01%
- Net Worth 0.81%
- Total Assets 18.39%
About Fores Elastomech India
Fores Elastomech India Private Limited (FEIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 November 2005 and has a history of 19 years and three months. Its registered office is in Aurangabad, Maharashtra, India.
The Corporate was formerly known as Varroc Elastomers Private Limited. The Company is engaged in the Automotive 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 1.00 Cr and a paid-up capital of Rs 8.29 M.
The company currently has active open charges totaling ₹87.33 Cr. The company has closed loans amounting to ₹27.23 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Fores Elastomech India Private Limited India is Srikanth Pothapragada as CEO. Sridevi Pothapragada, Swarnalata Atchutanaga, Srikanth Pothapragada, and Two other members serve as directors at the Company.
Company Details
- Location
Aurangabad, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29190MH2005PTC157474
- Company No.
157474
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Nov 2005
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Automotive
Fores Elastomech India Private Limited
Explore comprehensive data for Fores Elastomech India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Fores Elastomech India?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Janardana Pothapragada  | Managing Director | 22-Nov-2005 | Current |
| Srikanth Pothapragada | CEO | 30-Aug-2014 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Srikanth Pothapragada | Whole-Time Director | 30-Aug-2014 | Current |
| Sridevi Pothapragada | Director | 01-Sep-2018 | Current |
| Swarnalata Atchutanaga | Director | 01-Sep-2018 | Current |
| Aniruddha Kulkarni | Director | 15-Dec-2023 | Current |
Financial Performance of Fores Elastomech India.
Fores Elastomech India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 55.51% increase. The company also saw a substantial improvement in profitability, with a 121.89% increase in profit. The company's net worth moved up by a moderate rise of 0.81%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Fores Elastomech India?
In 2021, Fores Elastomech India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Fores Gummitech Private Limited
Srikanth Pothapragada and Janardana Pothapragada are mutual person
Charges (Loans)
Open Charges
₹87.33 Cr
Satisfied Charges
₹27.23 Cr
Charges Breakdown by Lending Institutions
- Others : 86.58 Cr
- The Saraswat Co-Operative Bank Ltd. : 0.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Sep 2024 | Others | ₹9.95 Cr | Open |
| 04 Mar 2024 | Others | ₹7.92 Cr | Open |
| 11 Aug 2023 | Others | ₹2.39 Cr | Open |
| 08 Jun 2023 | Others | ₹6.00 Cr | Open |
| 19 Aug 2022 | Others | ₹7.65 Cr | Open |
How Many Employees Work at Fores Elastomech India?
Fores Elastomech India has a workforce of 177 employees as of Apr 10, 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 Fores Elastomech India, 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 Fores Elastomech India'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 Fores Elastomech India
Recent activity within the organization
- Annual General Meeting
Fores Elastomech India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 9.95 Cr with Charge ID 100981615 was registered on 05 Sep 2024.
- Balance Sheet
Fores Elastomech India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 7.92 Cr with Charge ID 100890655 was registered on 04 Mar 2024.
- Director Appointment
Aniruddha Ramesh Kulkarni was appointed as a Director was appointed as a Director on 15 Dec 2023 & has been associated with this company since 1 year 3 months .
- Charges
A charge with Others amounted to Rs. 2.39 Cr with Charge ID 100772902 was registered on 11 Aug 2023.
Frequently asked questions
What is the Incorporation or founding date of Fores Elastomech India Private Limited?
Fores Elastomech India Private Limited was incorporated on 22 Nov 2005.
What is authorized share capital and paid-up capital of Fores Elastomech India Private Limited?
The authorized share capital of Fores Elastomech India Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.29 M.
Who are the current board members & directors of Fores Elastomech India Private Limited?
Currently 6 directors are associated with Fores Elastomech India Private Limited.
- Sridevi Pothapragada
- Swarnalata Pothapragada Atchutanaga
- Srikanth Pothapragada
- Aniruddha Ramesh Kulkarni
- Srikanth Pothapragada
- Janardana Swamy Pothapragada
What is the registered address of Fores Elastomech India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Fores Elastomech India Private Limited is Plot No. M-191/2 Midc Industrial Area, Waluj India, Aurangabad, Maharashtra, 431136.
What is the corporate identification number (CIN) and company number of Fores Elastomech India Private Limited?
The corporate identification number (CIN) of Fores Elastomech India Private Limited is U29190MH2005PTC157474 and the company number is 157474 as per Ministry of Corporate Affairs (MCA).
What is the official website of Fores Elastomech India Private Limited?
The Official website of Fores Elastomech India Private Limited is https://www.foreselastomech.com
What has been the recent revenue trend for Fores Elastomech India Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Fores Elastomech India Private Limited has risen by 55.51%.
How many employees does Fores Elastomech India Private Limited currently have?
As Per 2022 financial reports, 177 employees are currently employed by Fores Elastomech India Private Limited.
What change has been observed in the net worth of Fores Elastomech India Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Fores Elastomech India Private Limited has experienced an upsurge of 0.81%.
What are the total open charges for Fores Elastomech India Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Fores Elastomech India Private Limited amount to ₹ 87.33 Cr.
When was the last Balance Sheet of Fores Elastomech India Private Limited filed with the ROC?
The most recent Balance Sheet for Fores Elastomech India Private Limited was filed with the ROC on 31 Mar 2024.
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