Foundation For Advancement Of Micro Enterprises Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 2.50 M
- Company Age 5 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth -47.50%
- Profit Growth -211.88%
- Ebitda -5.57%
- Net Worth -48.29%
- Total Assets -47.53%
About Foundation For Advancement Of Micro Enterprises
Foundation For Advancement Of Micro Enterprises (FFAOME) is a Private Not For Profit Company incorporated in India on 04 April 2019 (Five years and ten months 20 days old ). Its registered office is in Gurugram, Haryana, India.
The Company is engaged in the Non-Profit Organizations 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 2.50 M, as per Ministry of Corporate Affairs (MCA) records.
Brij Mohan, Sanjay Sharma, Sheena Sakhuja, and One other member serve as directors at the Company.
Company Details
- Location
Gurugram, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U85300HR2019NPL079587
- Company No.
079587
- Company Classification
Private Not For Profit Company
- Incorporation Date
04 Apr 2019
- Date of AGM
28 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Foundation For Advancement Of Micro Enterprises?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sheena Sakhuja  | Director | 05-Jan-2024 | Current |
| Brij Mohan | Director | 04-Apr-2019 | Current |
| Sanjay Sharma | Director | 04-Apr-2019 | Current |
Swati Sawhney  | Director | 05-Jan-2024 | Current |
Financial Performance of Foundation For Advancement Of Micro Enterprises.
Foundation For Advancement Of Micro Enterprises, for the financial year ended 2023, experienced significant reduction in revenue, with a 47.5% decrease. The company also saw a substantial fall in profitability, with a 211.88% decrease in profit. The company's net worth observed a substantial decline by a decrease of 48.29%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Foundation For Advancement Of Micro Enterprises?
In 2022, Foundation For Advancement Of Micro Enterprises had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Aye Finance Private LimitedSanjay Sharma is a mutual person
Shankh Corporation LlpSanjay Sharma is a mutual person
- Shvet Corporation Llp
Sanjay Sharma is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Foundation For Advancement Of Micro Enterprises?
Foundation For Advancement Of Micro Enterprises has a workforce of 13 employees as of Mar 21, 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 Foundation For Advancement Of Micro Enterprises, 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 Foundation For Advancement Of Micro Enterprises'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.
