About
Basic Data Updated:
27 days agoIncorporated in 1991, Formula Lubricants Limited is a renowned company that specializes in the production and distribution of high-quality lubricating oil. Its registered office is situated in the bustling city of Aurangabad, Maharashtra. The company has been actively involved in the lubricant industry for many years, catering to the needs of various industries and individuals alike. Its commitment to providing top-notch products and exceptional customer service has earned it a reputable name in the market. The business of lubricating oil is the core focus of Formula Lubricants Limited, and it takes great pride in its expertise and experience in this field. With a team of skilled professionals and state-of-the-art technology, the company strives to deliver superior products that meet the diverse needs of its customers. From automotive to industrial applications, Formula Lubricants Limited has a wide range of lubricants that are trusted by many. Its dedication to quality, innovation, and sustainability has made it a preferred choice for lubricating oil solutions.
Industry
Company Details
- Location
Aurangabad, Maharashtra, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
CIN/LLPIN/FCRN | U23201MH1991PLC060323 |
Company No. | 060323 |
Company Classification | Public Limited Indian Non-Government Company |
Incorporation Date | 15 Feb 1991 |
Date of AGM | 30 Sep 2023 |
Date of Balance Sheet | 31 Mar 2023 |
Listing Status | Unlisted |
ROC Code | Roc Mumbai |
Financials of Formula Lubricants Limited
Formula Lubricants Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 91.15% decrease. The company also saw a substantial fall in profitability, with a 1132.36% decrease in profit. The company's net worth observed a substantial decline by a decrease of 25.19%.
Corporate Structure
Unlock access to Formula Lubricants's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Formula Lubricants Limited
Unlock and access historical data on people associated with Formula Lubricants, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Board Members(3)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
The Saraswat Co- Op. Bank Ltd. Creation Date: 13 Nov 1993 | ₹2.00 M | Open |
Union Bank Of India Creation Date: 04 Feb 1993 | ₹1.80 M | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Formula Lubricants, 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 Formula Lubricants'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.
Alert
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.
Related Corporates (Common Directorship)
Hitech Industrial Suppliers India Private Limited
Active 20 years 1 monthBhushan Shah is a mutual person
Wire Craft Solution Technology Private Limited
Active 14 years 11 monthsBhushan Shah is a mutual person
Recent activity within the organization
Annual General Meeting
Formula Lubricants Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
30 Sep 2023Balance Sheet
Formula Lubricants Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
31 Mar 2023Director Appointment
Bhushan Chandraprabhu Shah was appointed as a Director was appointed as a Director on 05 Aug 1994 & has been associated with this company since 29 years 9 months .
05 Aug 1994Director Appointment
Veerdhawal Jawahirlal Gandhi was appointed as a Director was appointed as a Director on 05 Aug 1994 & has been associated with this company since 29 years 9 months .
05 Aug 1994Director Appointment
Ajay Jawahirlal Gandhi was appointed as a Director was appointed as a Director on 05 Aug 1994 & has been associated with this company since 29 years 9 months .
05 Aug 1994
Frequently asked questions
What is the Incorporation or founding date of Formula Lubricants Limited?