Formula Manpower Solutions Profile
Key Indicators
- Authorised Capital ₹ 0.20 M
- Paid Up Capital ₹ 0.20 M
- Company Age 21 Year, 11 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.51 Cr
- Satisfied Charges ₹ 5.00 M
- Revenue Growth -1.05%
- Profit Growth -54.21%
- Ebitda 38.05%
- Net Worth 36.05%
- Total Assets 11.56%
About Formula Manpower Solutions
Formula Manpower Solutions Private Limited (FMSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 January 2004 and has a history of 21 years. Its registered office is in Delhi, India.
The Corporate was formerly known as Formulaone Manpower Solutions Private Limited. The Company is engaged in the Travel And Hospitality 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 0.20 M and a paid-up capital of Rs 0.20 M.
The company currently has active open charges totaling ₹1.51 Cr. The company has closed loans amounting to ₹5.00 M, as per Ministry of Corporate Affairs (MCA) records.
Namita Bhowmick and Deepak Kumar serve as directors at the Company.
Company Details
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Location
Delhi, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U74910DL2004PTC124192
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Company No.
124192
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
20 Jan 2004
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Date of AGM
29 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
What products or services does Formula Manpower Solutions Private Limited offer?
Formula Manpower Solutions Private Limited offers a wide range of products and services, including Vehicle Rental, Air Taxi, Bus Rentals & Services, Car Rental, Gardening Service, Lawn Maintenance Services, Outstation Car Rental, Direct Tax Service, Direct Tax Consulting Services.
Who are the key members and board of directors at Formula Manpower Solutions?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Deepak Kumar
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Director | 01-Feb-2022 | Current |
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Namita Bhowmick
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Director | 28-Jan-2004 | Current |
Financial Performance of Formula Manpower Solutions.
Formula Manpower Solutions Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 1.05% decrease. The company also saw a substantial fall in profitability, with a 54.21% decrease in profit. The company's net worth Soared by an impressive increase of 36.05%.
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What is the Ownership and Shareholding Structure of Formula Manpower Solutions?
In 2021, Formula Manpower Solutions 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)
₹15.12 M
₹5.00 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 1.29 Cr
- Canara Bank : 0.22 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Nov 2024 | Axis Bank Limited | ₹1.29 Cr | Open |
| 07 Mar 2007 | Canara Bank | ₹0.24 M | Open |
| 07 Mar 2007 | Canara Bank | ₹2.00 M | Open |
| 13 Jan 2011 | Others | ₹5.00 M | Satisfied |
How Many Employees Work at Formula Manpower Solutions?
Formula Manpower Solutions has a workforce of 71 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 Formula Manpower Solutions, 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 Manpower Solutions'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.
