Friction Welding Technologies Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
as on 24-10-2024
- Paid Up Capital ₹ 0.10 M
as on 24-10-2024
- Company Age 19 Year, 15 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.98 Cr
as on 24-10-2024
- Satisfied Charges ₹ 5.60 M
as on 24-10-2024
- Revenue -13.48%
(FY 2023)
- Profit -73.56%
(FY 2023)
- Ebitda -59.48%
(FY 2023)
- Net Worth 2.88%
(FY 2023)
- Total Assets 74.00%
(FY 2023)
About Friction Welding Technologies
The Company is engaged in the Machinery And Equipment 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 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹1.98 Cr. The company has closed loans amounting to ₹5.60 M, as per Ministry of Corporate Affairs (MCA) records.
Yatin Tambe, Daniel Adams, Richard Jones, and Two other members serve as directors at the Company.
- CIN/LLPIN
U29299PN2005PTC021710
- Company No.
021710
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Dec 2005
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Company Details
- Location
Pune, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Friction Welding Technologies?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vipul Kulkarni  | Managing Director | 17-Oct-2022 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Yatin Tambe | Director | 20-Dec-2005 | Current |
Daniel Adams  | Director | 17-Oct-2022 | Current |
Richard Jones  | Director | 17-Oct-2022 | Current |
| Robert Mazzacavallo | Director | 26-Mar-2024 | Current |
Financial Performance of Friction Welding Technologies.
Friction Welding Technologies Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.48% decrease. The company also saw a substantial fall in profitability, with a 73.56% decrease in profit. The company's net worth moved up by a moderate rise of 2.88%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Friction Welding Technologies?
In 2023, Friction Welding Technologies 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 |
|---|---|---|
Hdfc Bank Limited Creation Date: 21 Oct 2021 | ₹3.83 M | Open |
Hdfc Bank Limited Creation Date: 09 Jan 2013 | ₹1.60 Cr | Open |
Th Janata Sahakari Bank Limited. Pune Creation Date: 10 Aug 2010 | ₹2.00 M | Satisfied |
How Many Employees Work at Friction Welding Technologies?
Friction Welding Technologies has a workforce of 54 employees as of Apr 07, 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 Welding Technologies, 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 Welding Technologies'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.
