Foundation For Promotion Of Sports And Games

Promotes sports and games through funding, coaching, and training programs.

2001 | Mumbai, Maharashtra (India) | Active
Last Updated: October 23, 2024

Foundation For Promotion Of Sports And Games Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 23 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 55.94%
  • Profit Growth 290.31%
  • Ebitda -40.87%
  • Net Worth 27.12%
  • Total Assets 17.01%

About Foundation For Promotion Of Sports And Games

Foundation For Promotion Of Sports And Games (FFPOSAG) is a leading Private Not For Profit Company incorporated in India on 20 September 2001 and has a history of 23 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Business Services 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Foundation For Promotion Of Sports And Games India is Viren Rasquinha as CEO. Shitin Desai, Nirajkumar Bajaj, Rakesh Khanna, and Twelve other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U92413MH2001NPL235014

  • Company No.

    235014

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    20 Sep 2001

  • Date of AGM

    16 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Business Services

Who are the key members and board of directors at Foundation For Promotion Of Sports And Games?

Executive Team (1)

NameDesignationAppointment DateStatus
Viren Rasquinha Country flag representing In Managing Director21-Mar-2018Current

Board Members (14)

NameDesignationAppointment DateStatus
Vidya Shah Country flag representing In Director 10-Dec-2020Current
Sundararajan Mahalingam Country flag representing In Nominee Director 28-Jul-2017Current
Srikrishna Ramakarthikeyan Country flag representing Us Director Current
Prakash Padukone Country flag representing In Director 20-Sep-2001Current
Shitin Desai Country flag representing In Director 01-Nov-2008Current
Nirajkumar Bajaj Country flag representing In Director 01-Nov-2008Current

Financial Performance of Foundation For Promotion Of Sports And Games.

Foundation For Promotion Of Sports And Games, for the financial year ended 2023, experienced significant growth in revenue, with a 55.94% increase. The company also saw a substantial improvement in profitability, with a 290.31% increase in profit. The company's net worth Soared by an impressive increase of 27.12%.

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
55.94%
Revenue from Operations
Total Assets
17.01%
Profit or Loss
290.31%
Net Worth
27.12%
EBITDA
-40.87%

What is the Ownership and Shareholding Structure of Foundation For Promotion Of Sports And Games?

In 2022, Foundation For Promotion Of Sports And Games 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Foundation For Promotion Of Sports And Games?

Unlock and access historical data on people associated with Foundation For Promotion Of Sports And Games, 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 Foundation For Promotion Of Sports And Games, 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 Promotion Of Sports And Games'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 Foundation For Promotion Of Sports And Games

Recent activity within the organization

  • Annual General Meeting

    Foundation For Promotion Of Sports And Games last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.

    16 Sep 2024

  • Balance Sheet

    Foundation For Promotion Of Sports And Games has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Vidya Shah was appointed as a Director was appointed as a Director on 10 Dec 2020 & has been associated with this company since 4 years 1 month .

    10 Dec 2020

  • Director Appointment

    Viren Wilfred Rasquinha was appointed as a Managing Director was appointed as a Managing Director on 21 Mar 2018 & has been associated with this company since 6 years 10 months .

    21 Mar 2018

  • Director Appointment

    Sundararajan Mahalingam was appointed as a Nominee Director was appointed as a Nominee Director on 28 Jul 2017 & has been associated with this company since 7 years 6 months .

    28 Jul 2017

  • Director Appointment

    Sameer Kishore Koticha was appointed as a Director was appointed as a Director on 01 Dec 2016 & has been associated with this company since 8 years 2 months .

    01 Dec 2016

Recent News, Updates & Announcement

Frequently asked questions

  • Foundation For Promotion Of Sports And Games was incorporated on 20 Sep 2001.

  • The authorized share capital of Foundation For Promotion Of Sports And Games is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 16 directors are associated with Foundation For Promotion Of Sports And Games.

    • Shitin Dayalji Desai
    • Nirajkumar Ramkrishnaji Bajaj
    • Rakesh Khanna
    • Sameer Kishore Koticha
    • Rajasekar Ramaraj
    • Vidya Shah
    • Prakash Ramesh Padukone
    • Geet Siriram Sethi
    • Neeraj Bharadwaj
    • Mukesh Bansal
    • Srikrishna Ramakarthikeyan
    • Viswanathan Anand
    • Sundararajan Mahalingam
    • Meenakshi Ramesh
    • Viren Wilfred Rasquinha
    • Viren Wilfred Rasquinha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Foundation For Promotion Of Sports And Games is Office No. 4 4Th Floor Anand 105 Building Plot Cts F/510 F/511D Dr. Ambedkar Road, Bandra India, Mumbai, Maharashtra, 400050.

  • The corporate identification number (CIN) of Foundation For Promotion Of Sports And Games is U92413MH2001NPL235014 and the company number is 235014 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Foundation For Promotion Of Sports And Games is https://www.olympicgoldquest.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Foundation For Promotion Of Sports And Games has risen by 55.94%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Foundation For Promotion Of Sports And Games has experienced an upsurge of 27.12%.

  • The most recent Balance Sheet for Foundation For Promotion Of Sports And Games was filed with the ROC on 31 Mar 2024.

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