Foresight Bullion India Private Limited

This company trades and delivers pure silver to customers across multiple states in India.

2013 | Mumbai, Maharashtra (India) | Active
Last Updated: June 15, 2024

Foresight Bullion India Profile

Key Indicators

  • Authorised Capital ₹ 3.10 Cr
  • Paid Up Capital ₹ 2.74 Cr
  • Company Age 11 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.00 Cr
  • Satisfied Charges ₹ 51.52 Cr
  • Revenue Growth -40.21%
  • Profit Growth 1118.44%
  • Ebitda 533.13%
  • Net Worth 99.78%
  • Total Assets -18.80%

About Foresight Bullion India

Foresight Bullion India Private Limited (FBIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 April 2013 and has a history of 11 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Maysarah Trading Private Limited. The Company is engaged in the Consumer Goods 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 3.10 Cr and a paid-up capital of Rs 2.74 Cr.

The company currently has active open charges totaling ₹9.00 Cr. The company has closed loans amounting to ₹51.52 Cr, as per Ministry of Corporate Affairs (MCA) records.

Viraj Didwania and Naval Agrawal serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U51101MH2013PTC242116

  • Company No.

    242116

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Apr 2013

  • Date of AGM

    23 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

What products or services does Foresight Bullion India Private Limited offer?

Foresight Bullion India Private Limited offers a wide range of products and services, including Silver Jewelry & Ornaments, Silver Bullion.

Who are the key members and board of directors at Foresight Bullion India?

Board Members (2)

Name Designation Appointment Date Status
Viraj Didwania Country flag representing In Director 12-Jun-2013 Current
Naval Agrawal Director 09-Nov-2022 Current

Financial Performance of Foresight Bullion India.

Foresight Bullion India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 40.21% decrease. The company also saw a substantial improvement in profitability, with a 1118.44% increase in profit. The company's net worth Soared by an impressive increase of 99.78%.

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
-40.21%
Revenue from Operations
-40.22%
Total Assets
-18.80%
Profit or Loss
1118.44%
Net Worth
99.78%
EBITDA
533.13%

What is the Ownership and Shareholding Structure of Foresight Bullion India?

In 2023, Foresight Bullion 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.00 Cr

Satisfied Charges

₹51.52 Cr

Charges Breakdown by Lending Institutions

  • Others : 9.00 Cr

Latest Charge Details

Date Lender Amount Status
08 May 2023 Others ₹9.00 Cr Open
02 Dec 2019 Standard Chartered Bank ₹21.52 Cr Satisfied
13 Jul 2016 Axis Bank Limited ₹20.00 Cr Satisfied
27 Mar 2015 Yes Bank Limited ₹10.00 Cr Satisfied

How Many Employees Work at Foresight Bullion India?

Unlock and access historical data on people associated with Foresight Bullion India, 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 Foresight Bullion 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 Foresight Bullion India'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 Foresight Bullion India

Recent activity within the organization

  • Annual General Meeting

    Foresight Bullion India Private Limited last Annual general meeting of members was held on 23 Sep 2023 as per latest MCA records.

    23 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 9.00 Cr with Charge ID 100719332 was registered on 08 May 2023.

    08 May 2023

  • Charges

    A charge registered on 13 Jul 2016 via Charge ID 100050290 with Axis Bank Limited was fully satisfied on 04 May 2023.

    04 May 2023

  • Charges

    A charge registered on 27 Mar 2015 via Charge ID 10561524 with Yes Bank Limited was fully satisfied on 06 Apr 2023.

    06 Apr 2023

  • Balance Sheet

    Foresight Bullion India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 02 Dec 2019 via Charge ID 100310663 with Standard Chartered Bank was fully satisfied on 15 Feb 2023.

    15 Feb 2023

Frequently asked questions

  • Foresight Bullion India Private Limited was incorporated on 19 Apr 2013.

  • The authorized share capital of Foresight Bullion India Private Limited is ₹ 3.10 Cr and paid-up capital is ₹ 2.74 Cr.

  • Currently 2 directors are associated with Foresight Bullion India Private Limited.

    • Viraj Vimal Didwania
    • Naval Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Foresight Bullion India Private Limited is 717 Floor-7 Plot-212West WingTulsiani Chambers Free Press Journal MargNariman Point, Mumbai, Maharashtra, India, 400021.

  • The corporate identification number (CIN) of Foresight Bullion India Private Limited is U51101MH2013PTC242116 and the company number is 242116 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Foresight Bullion India Private Limited is https://www.foresightbullion.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Foresight Bullion India Private Limited has fallen by -40.21%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Foresight Bullion India Private Limited has experienced an upsurge of 99.78%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Foresight Bullion India Private Limited amount to ₹ 9.00 Cr.

  • The most recent Balance Sheet for Foresight Bullion India Private Limited was filed with the ROC on 31 Mar 2023.

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