Friction Control Products Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 23-10-2024
- Paid Up Capital ₹ 0.32 M
as on 23-10-2024
- Company Age 33 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 1.46 Cr
as on 23-10-2024
- Revenue 10.21%
(FY 2023)
- Profit 5.10%
(FY 2023)
- Ebitda 2.50%
(FY 2023)
- Net Worth 7.68%
(FY 2023)
- Total Assets 9.21%
(FY 2023)
About Friction Control Products
The Corporate was formerly known as Friction Control Products And Services Company Private Limited. The Company is engaged in the Chemicals And Materials 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 M and a paid-up capital of Rs 0.32 M.
The company has closed loans amounting to ₹1.46 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Haresh Asher and Hemant Asher serve as directors at the Company.
- CIN/LLPIN
U23209KA1991PTC011809
- Company No.
011809
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Mar 1991
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Friction Control Products Private Limited offer?
Friction Control Products Private Limited offers a wide range of products and services, including Cutting Oils, Neat Cutting Oil, Oils, Grease & Lubricants, Industrial Lubricants, Water Soluble Cutting Oil, Transformers & Transformer Parts, Transformer Parts, Automotive Oils, Semi Synthetic Cutting Oil.
Who are the key members and board of directors at Friction Control Products?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Haresh Asher  | Managing Director | 02-Apr-2004 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Hemant Asher | Director | 02-Apr-2004 | Current |
Financial Performance of Friction Control Products.
Friction Control Products Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.21% increase. The company also saw a slight improvement in profitability, with a 5.1% increase in profit. The company's net worth moved up by a moderate rise of 7.68%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Friction Control Products?
In 2022, Friction Control Products 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)
| Lender | Amount | Status |
|---|---|---|
Bank Of Baroda Creation Date: 11 Nov 2008 | ₹9.55 M | Satisfied |
Bank Of Baroda Creation Date: 02 Jun 2006 | ₹5.00 M | Satisfied |
How Many Employees Work at Friction Control Products?
Friction Control Products has a workforce of 19 employees as of Mar 27, 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 Friction Control Products, 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 Friction Control Products'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.
