Formost Granite Exports Private Limited

Leases and rents properties, established in 1985, based in Bangalore, Karnataka.

1985 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Formost Granite Exports Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.00 M
  • Company Age 39 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 27.81 Cr
  • Revenue Growth 4.26%
  • Profit Growth -9.15%
  • Ebitda -39.83%
  • Net Worth 11.65%
  • Total Assets 8.17%

About Formost Granite Exports

Formost Granite Exports Private Limited (FGEPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 October 1985 and has a history of 39 years and four months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Metals And Minerals 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 1.00 Cr and a paid-up capital of Rs 9.00 M.

The company has closed loans amounting to ₹27.81 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sanjay Lulla, Asha Lulla, and Gautam Lulla serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U14102KA1985PTC007215

  • Company No.

    007215

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Oct 1985

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

Who are the key members and board of directors at Formost Granite Exports?

Executive Team (1)

NameDesignationAppointment DateStatus
Sanjay Lulla Country flag representing In Managing Director29-Oct-2007Current

Board Members (2)

NameDesignationAppointment DateStatus
Asha Lulla Country flag representing In Director 29-Oct-2007Current
Gautam Lulla Country flag representing In Director 29-Oct-2007Current

Financial Performance of Formost Granite Exports.

Formost Granite Exports Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.26% increase. The company also saw a slight decrease in profitability, with a 9.15% decrease in profit. The company's net worth Soared by an impressive increase of 11.65%.

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
4.26%
Revenue from Operations
Total Assets
8.17%
Profit or Loss
-9.15%
Net Worth
11.65%
EBITDA
-39.83%

What is the Ownership and Shareholding Structure of Formost Granite Exports?

In 2023, Formost Granite Exports 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

₹0

Satisfied Charges

₹27.81 Cr

Charges Breakdown by Lending Institutions

  • Icici Bank Limited : 8.02 Cr
  • Others : 8.00 Cr
  • Oriental Bank Of Commerce : 7.20 Cr
  • Allahabad Bank : 2.00 Cr
  • Karnataka State Financial Corporation : 0.67 Cr
  • Others : 1.92 Cr

Latest Charge Details

DateLenderAmountStatus
05 Apr 2018Others₹8.00 CrSatisfied
12 Oct 2012Allahabad Bank₹2.00 CrSatisfied
11 Jun 2012Icici Bank Limited₹1.02 CrSatisfied
24 Mar 2011Icici Bank Limited₹7.00 CrSatisfied
28 Jan 2009Oriental Bank Of Commerce₹7.20 CrSatisfied

How Many Employees Work at Formost Granite Exports?

Unlock and access historical data on people associated with Formost Granite Exports, 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 Formost Granite Exports, 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 Formost Granite Exports'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 Formost Granite Exports

Recent activity within the organization

  • Charges

    A charge registered on 05 Apr 2018 via Charge ID 100216508 with Others was fully satisfied on 25 Jan 2024.

    25 Jan 2024

  • Annual General Meeting

    Formost Granite Exports Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Formost Granite Exports Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge registered on 24 Mar 2011 via Charge ID 10301293 with Icici Bank Limited was fully satisfied on 16 Aug 2019.

    16 Aug 2019

  • Charges

    A charge registered on 11 Jun 2012 via Charge ID 10369145 with Icici Bank Limited was fully satisfied on 25 Jun 2019.

    25 Jun 2019

  • Charges

    A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100216508 was registered on 05 Apr 2018.

    05 Apr 2018

Frequently asked questions

  • Formost Granite Exports Private Limited was incorporated on 16 Oct 1985.

  • The authorized share capital of Formost Granite Exports Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.00 M.

  • Currently 3 directors are associated with Formost Granite Exports Private Limited.

    • Sanjay Ashok Lulla
    • Asha Ashok Lulla
    • Gautam Ashok Lulla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Formost Granite Exports Private Limited is No.305 Esteem Plaza, 4Th Main Road Sadashivanagar India, Bangalore, Karnataka, 560080.

  • The corporate identification number (CIN) of Formost Granite Exports Private Limited is U14102KA1985PTC007215 and the company number is 007215 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Formost Granite Exports Private Limited has risen by 4.26%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Formost Granite Exports Private Limited has experienced an upsurge of 11.65%.

  • The most recent Balance Sheet for Formost Granite Exports Private Limited was filed with the ROC on 31 Mar 2023.

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