Foundation For Rural Entrepreneurship Development

Founded in 2017 and headquartered in Maharashtra, India.

2017 | Mumbai, Maharashtra (India) | Active
Last Updated: December 09, 2024

Foundation For Rural Entrepreneurship Development Profile

Key Indicators

  • Company Age 7 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -13.90%
  • Profit Growth 1873.87%
  • Ebitda 82.18%
  • Net Worth 1324.81%
  • Total Assets -32.53%

About Foundation For Rural Entrepreneurship Development

Foundation For Rural Entrepreneurship Development (FFRED) is a Private Not For Profit Company incorporated in India on 01 June 2017 (Seven years and eight months 0 days old ). 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 0.00 and a paid-up capital of Rs 0.00, as per Ministry of Corporate Affairs (MCA) records.

Raghavan Shastri, Burzis Taraporevala, and Rukshana Savaksha serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2017NPL364886

  • Company No.

    170777

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    01 Jun 2017

  • Date of AGM

    20 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 Rural Entrepreneurship Development?

Board Members (3)

NameDesignationAppointment DateStatus
Raghavan Shastri Country flag representing In Director 08-Aug-2022Current
Burzis Taraporevala Country flag representing In Director 08-Aug-2022Current
Rukshana Savaksha Country flag representing In Director 01-Jun-2017Current

Financial Performance of Foundation For Rural Entrepreneurship Development.

Foundation For Rural Entrepreneurship Development, for the financial year ended 2022, experienced significant reduction in revenue, with a 13.9% decrease. The company also saw a substantial improvement in profitability, with a 1873.87% increase in profit. The company's net worth Soared by an impressive increase of 1324.81%.

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
-13.90%
Revenue from Operations
Total Assets
-32.53%
Profit or Loss
1873.87%
Net Worth
1324.81%
EBITDA
82.18%

What is the Ownership and Shareholding Structure of Foundation For Rural Entrepreneurship Development?

Unlock access to Foundation For Rural Entrepreneurship Development'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.

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 Rural Entrepreneurship Development?

Unlock and access historical data on people associated with Foundation For Rural Entrepreneurship Development, 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 Rural Entrepreneurship Development, 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 Rural Entrepreneurship Development'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 Rural Entrepreneurship Development

Recent activity within the organization

  • Annual General Meeting

    Foundation For Rural Entrepreneurship Development last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

    20 Sep 2024

  • Balance Sheet

    Foundation For Rural Entrepreneurship Development has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Raghavan Ramachandra Shastri was appointed as a Director was appointed as a Director on 08 Aug 2022 & has been associated with this company since 2 years 5 months .

    08 Aug 2022

  • Director Appointment

    Burzis Shapur Taraporevala was appointed as a Director was appointed as a Director on 08 Aug 2022 & has been associated with this company since 2 years 5 months .

    08 Aug 2022

  • Director Appointment

    Rukshana Farshid Savaksha was appointed as a Director was appointed as a Director on 01 Jun 2017 & has been associated with this company since 7 years 8 months .

    01 Jun 2017

  • Company Incorporation

    Foundation For Rural Entrepreneurship Development was registered on 01 Jun 2017 with Roc Mumbai & aged 7 years 8 months as per MCA records.

    01 Jun 2017

Frequently asked questions

  • Foundation For Rural Entrepreneurship Development was incorporated on 01 Jun 2017.

  • The authorized share capital of Foundation For Rural Entrepreneurship Development is ₹ 0.00 and paid-up capital is ₹ 0.00.

  • Currently 3 directors are associated with Foundation For Rural Entrepreneurship Development.

    • Raghavan Ramachandra Shastri
    • Burzis Shapur Taraporevala
    • Rukshana Farshid Savaksha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Foundation For Rural Entrepreneurship Development is Jehangir Wadia Building 3Rd Floor 51 Mahatma Gandhi Road Fort, India, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of Foundation For Rural Entrepreneurship Development is U74999MH2017NPL364886 and the company number is 170777 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Foundation For Rural Entrepreneurship Development has fallen by -13.90%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Foundation For Rural Entrepreneurship Development has experienced an upsurge of 1324.81%.

  • The most recent Balance Sheet for Foundation For Rural Entrepreneurship Development was filed with the ROC on 31 Mar 2024.

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