Foretech Precision Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.50 M
- Company Age 28 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.06 Cr
- Satisfied Charges ₹ 1.60 M
- Revenue Growth 35.86%
- Profit Growth 6.09%
- Ebitda -138.63%
- Net Worth -33.41%
- Total Assets 2.07%
About Foretech Precision
Foretech Precision Private Limited (FPPL) is a Private Limited Indian Non-Government Company incorporated in India on 31 March 1997 and has a history of 28 years and one month. Its registered office is in Pune, Maharashtra.
The Company is engaged in the Machinery And Equipment 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 2.50 M and a paid-up capital of Rs 2.50 M.
The company currently has active open charges totaling ₹1.06 Cr. The company has closed loans amounting to ₹1.60 M, as per Ministry of Corporate Affairs (MCA) records.
Ravindra Chaudhari, Saroj Chaudhari, Alka Phegade, and One other member serve as directors at the Company.
Company Details
- Location Pune, Maharashtra
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U99999MH1997PTC106976
- Company No.
106976
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 Mar 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Machinery and Equipment
Foretech Precision Private Limited
Explore comprehensive data for Foretech Precision Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Foretech Precision?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravindra Chaudhari  | Managing Director | 31-Mar-1997 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Saroj Chaudhari | Director | 31-Mar-1997 | Current |
| Alka Phegade | Director | 31-Mar-1997 | Current |
| Sulbha Pradhan | Director | 31-Mar-1997 | Current |
Financial Performance of Foretech Precision.
Foretech Precision Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 35.86% increase. The company also saw a slight improvement in profitability, with a 6.09% increase in profit. The company's net worth observed a substantial decline by a decrease of 33.41%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Foretech Precision?
In 2022, Foretech Precision had a public holding of 60.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Leva Chamber Of Commerce Industries & AgricultureRavindra Chaudhari is a mutual person
- Golden Buck Brewing Llp
Ravindra Chaudhari is a mutual person
- Ranjangaon Industries Association
Ravindra Chaudhari is a mutual person
Charges (Loans)
Open Charges
₹10.56 M
Satisfied Charges
₹1.60 M
Charges Breakdown by Lending Institutions
- Small Industries Development Bank Of India : 0.83 Cr
- Sidbi : 0.23 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Aug 2019 | Sidbi | ₹2.26 M | Open |
| 13 Sep 2012 | Small Industries Development Bank Of India | ₹5.90 M | Open |
| 18 Feb 2011 | Small Industries Development Bank Of India | ₹2.40 M | Open |
| 28 Jun 2008 | The Saraswat Co-Operative Bank Limited | ₹1.60 M | Satisfied |
How Many Employees Work at Foretech Precision?
Foretech Precision has a workforce of 9 employees as of Mar 21, 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 Foretech Precision, 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 Foretech Precision'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 Foretech Precision
Recent activity within the organization
- Annual General Meeting
Foretech Precision Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Foretech Precision Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Sidbi of Rs. 2.26 M registered on 19 Aug 2019 with Charge ID 100282769 was modified on 19 Aug 2020.
- Charges
A charge with Sidbi amounted to Rs. 2.26 M with Charge ID 100282769 was registered on 19 Aug 2019.
- Charges
A charge with Small Industries Development Bank Of India amounted to Rs. 5.90 M with Charge ID 10377287 was registered on 13 Sep 2012.
- Charges
A charge with Small Industries Development Bank Of India amounted to Rs. 2.40 M with Charge ID 10268930 was registered on 18 Feb 2011.
Frequently asked questions
What is the Incorporation or founding date of Foretech Precision Private Limited?
Foretech Precision Private Limited was incorporated on 31 Mar 1997.
What is authorized share capital and paid-up capital of Foretech Precision Private Limited?
The authorized share capital of Foretech Precision Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.
Who are the current board members & directors of Foretech Precision Private Limited?
Currently 4 directors are associated with Foretech Precision Private Limited.
- Ravindra Dhananjay Chaudhari
- Saroj Ravindra Chaudhari
- Alka Chhagan Phegade
- Sulbha Pradeep Pradhan
What is the registered address of Foretech Precision Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Foretech Precision Private Limited is A-1 Sonal Residency Ideal Colony Kothrud, India, Pune, Maharashtra, 411029.
What is the corporate identification number (CIN) and company number of Foretech Precision Private Limited?
The corporate identification number (CIN) of Foretech Precision Private Limited is U99999MH1997PTC106976 and the company number is 106976 as per Ministry of Corporate Affairs (MCA).
What is the official website of Foretech Precision Private Limited?
The Official website of Foretech Precision Private Limited is https://www.foretech.weebly.com
What has been the recent revenue trend for Foretech Precision Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Foretech Precision Private Limited has risen by 35.86%.
How many employees does Foretech Precision Private Limited currently have?
As Per 2022 financial reports, 9 employees are currently employed by Foretech Precision Private Limited.
What change has been observed in the net worth of Foretech Precision Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Foretech Precision Private Limited has experienced an downturn of -33.41%.
What are the total open charges for Foretech Precision Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Foretech Precision Private Limited amount to ₹ 1.06 Cr.
When was the last Balance Sheet of Foretech Precision Private Limited filed with the ROC?
The most recent Balance Sheet for Foretech Precision Private Limited was filed with the ROC on 31 Mar 2024.
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