Formative Engineering Profile
Key Indicators
- Authorised Capital ₹ 7.00 M
as on 06-07-2024
- Paid Up Capital ₹ 4.75 M
as on 06-07-2024
- Company Age 28 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.51 Cr
as on 06-07-2024
- Satisfied Charges ₹ 2.34 Cr
as on 06-07-2024
- Revenue 13.37%
(FY 2023)
- Profit -3.00%
(FY 2023)
- Ebitda -2.10%
(FY 2023)
- Net Worth 9.90%
(FY 2023)
- Total Assets 5.97%
(FY 2023)
About Formative Engineering
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 2023. It's a company limited by shares with an authorized capital of Rs 7.00 M and a paid-up capital of Rs 4.75 M.
The company currently has active open charges totaling ₹5.51 Cr. The company has closed loans amounting to ₹2.34 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dinesh Batra and Harivrat Parashar serve as directors at the Company.
- CIN/LLPIN
U51109PB1996PTC018155
- Company No.
018155
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 May 1996
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Formative Engineering Private Limited offer?
Formative Engineering Private Limited offers a wide range of products and services, including Animal Clothing & Accessories, Dog Accessories, Staircase, Balusters and Stair Parts, Handrail and Handrail Fittings, Door & Window, Hinges & Fittings, Door & Window Hinges, Gate, Grilles, Fences & Railings, Automatic Gate, Grills, Sheet Metal & Turned Components.
Who are the key members and board of directors at Formative Engineering?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dinesh Batra  | Whole-Time Director | 10-Mar-1997 | Current |
| Harivrat Parashar | Whole-Time Director | 10-May-1996 | Current |
Financial Performance of Formative Engineering.
Formative Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.37% increase. The company also saw a slight decrease in profitability, with a 3% decrease in profit. The company's net worth moved up by a moderate rise of 9.9%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Formative Engineering?
In 2023, Formative Engineering had a promoter holding of 86.41% and a public holding of 13.59%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Bank Of India Creation Date: 06 Dec 2021 | ₹1.80 M | Open |
Bank Of India Creation Date: 26 Nov 2021 | ₹3.75 M | Open |
Bank Of India Creation Date: 16 Jul 2021 | ₹5.00 M | Open |
How Many Employees Work at Formative Engineering?
Formative Engineering has a workforce of 95 employees as of Apr 08, 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 Formative 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 Formative 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.
