Friction Welding Technologies Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 19 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.98 Cr
- Satisfied Charges ₹ 5.60 M
- Revenue Growth -13.48%
- Profit Growth -73.56%
- Ebitda -59.48%
- Net Worth 2.88%
- Total Assets 74.00%
About Friction Welding Technologies
Friction Welding Technologies Private Limited (FWTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 December 2005 and has a history of 19 years and three months. Its registered office is in Pune, Maharashtra, India.
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.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Machinery and Equipment
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)
Open Charges
₹19.83 M
Satisfied Charges
₹5.60 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 1.98 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Oct 2021 | Hdfc Bank Limited | ₹3.83 M | Open |
| 09 Jan 2013 | Hdfc Bank Limited | ₹1.60 Cr | Open |
| 10 Aug 2010 | Th Janata Sahakari Bank Limited. Pune | ₹2.00 M | Satisfied |
| 10 Aug 2010 | Th Janata Sahakari Bank Limited. Pune | ₹1.90 M | Satisfied |
| 17 Mar 2008 | Hdfc Bank Limited | ₹1.50 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.
Latest Updates, News, and FAQs on Friction Welding Technologies
Recent activity within the organization
- Director Appointment
Robert James Mazzacavallo was appointed as a Director was appointed as a Director on 26 Mar 2024 & has been associated with this company since 1 year 2 days .
- Annual General Meeting
Friction Welding Technologies Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Balance Sheet
Friction Welding Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
- Director Appointment
Daniel Charles Adams was appointed as a Director was appointed as a Director on 17 Oct 2022 & has been associated with this company since 2 years 5 months .
- Director Appointment
Richard Mark Alan Jones was appointed as a Director was appointed as a Director on 17 Oct 2022 & has been associated with this company since 2 years 5 months .
- Director Appointment
Vipul Vijay Kulkarni was appointed as a Managing Director was appointed as a Managing Director on 17 Oct 2022 & has been associated with this company since 2 years 5 months .
Frequently asked questions
What is the Incorporation or founding date of Friction Welding Technologies Private Limited?
Friction Welding Technologies Private Limited was incorporated on 20 Dec 2005.
What is authorized share capital and paid-up capital of Friction Welding Technologies Private Limited?
The authorized share capital of Friction Welding Technologies Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Friction Welding Technologies Private Limited?
Currently 5 directors are associated with Friction Welding Technologies Private Limited.
- Yatin Suresh Tambe
- Daniel Charles Adams
- Richard Mark Alan Jones
- Vipul Vijay Kulkarni
- Robert James Mazzacavallo
What is the registered address of Friction Welding Technologies Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Friction Welding Technologies Private Limited is S No. 326 A/P – Gauddara Gauddara Road Khed-Shivapur Haveli, India, Pune, Maharashtra, 412205.
What is the corporate identification number (CIN) and company number of Friction Welding Technologies Private Limited?
The corporate identification number (CIN) of Friction Welding Technologies Private Limited is U29299PN2005PTC021710 and the company number is 021710 as per Ministry of Corporate Affairs (MCA).
What is the official website of Friction Welding Technologies Private Limited?
The Official website of Friction Welding Technologies Private Limited is https://www.frictionwelding.in
What has been the recent revenue trend for Friction Welding Technologies Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Friction Welding Technologies Private Limited has fallen by -13.48%.
How many employees does Friction Welding Technologies Private Limited currently have?
As Per 2023 financial reports, 54 employees are currently employed by Friction Welding Technologies Private Limited.
What change has been observed in the net worth of Friction Welding Technologies Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Friction Welding Technologies Private Limited has experienced an upsurge of 2.88%.
What are the total open charges for Friction Welding Technologies Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Friction Welding Technologies Private Limited amount to ₹ 1.98 Cr.
When was the last Balance Sheet of Friction Welding Technologies Private Limited filed with the ROC?
The most recent Balance Sheet for Friction Welding Technologies Private Limited was filed with the ROC on 31 Mar 2023.
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