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Formertron Engineering(India) Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
as on 16-11-2024
- Paid Up Capital ₹ 2.00 M
as on 16-11-2024
- Company Age 27 Year, 12 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.00 Cr
as on 16-11-2024
- Satisfied Charges ₹ 9.15 Cr
as on 16-11-2024
- Revenue 56.15%
(FY 2023)
- Profit 322.45%
(FY 2023)
- Ebitda 68.92%
(FY 2023)
- Net Worth 18.93%
(FY 2023)
- Total Assets -8.98%
(FY 2023)
About Formertron Engineering(India)
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 2.00 M and a paid-up capital of Rs 2.00 M.
The company currently has active open charges totaling ₹4.00 Cr. The company has closed loans amounting to ₹9.15 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vinay Sharma and Karan Sharma serve as directors at the Company.
- CIN/LLPIN
U31909MH1997PTC112684
- Company No.
112684
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Dec 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- LocationW.E.F. 01.01.2002, Maharashtra
- Telephone
- Email Address
- Website
- Social Media
What products or services does Formertron Engineering(India) Private Limited offer?
Formertron Engineering(India) Private Limited offers a wide range of products and services, including Hydraulic & Pneumatic Machines, Hydraulic Press, Machine & Precision Tools, Mandrel, Lifting Hooks, Chains & Clamps, Industrial Clamps, Cranes, Forklift & Lifting Machines, Crane Trolley, Material Handling Machines & Systems, Industrial Furniture.
Who are the key members and board of directors at Formertron Engineering(India)?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinay Sharma  | Director | 26-Dec-1997 | Current |
| Karan Sharma | Director | 28-Dec-2015 | Current |
Financial Performance of Formertron Engineering(India).
Formertron Engineering(India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 56.15% increase. The company also saw a substantial improvement in profitability, with a 322.45% increase in profit. The company's net worth Soared by an impressive increase of 18.93%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Formertron Engineering(India)?
In 2023, Formertron Engineering(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.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 01 Feb 2022 | ₹4.00 Cr | Open |
Bank Of India Creation Date: 18 Mar 2019 | ₹3.00 Cr | Satisfied |
Bank Of India Creation Date: 28 Aug 2017 | ₹7.50 M | Satisfied |
How Many Employees Work at Formertron Engineering(India)?
Formertron Engineering(India) has a workforce of 57 employees as of Mar 31, 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 Formertron Engineering(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 Formertron Engineering(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.
