Friendly Automotives (India) Private Limited

Sells and services motor cars, authorized dealer for Porsche in Bangalore.

2010 | Bangaluru, Karnataka (India) | Active
Last Updated:

Friendly Automotives (India) Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 6.75 Cr
  • Company Age 14 Year, 2 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 44.99 Cr
  • Satisfied Charges ₹ 47.32 Cr
  • Revenue Growth 18.68%
  • Profit Growth 139.71%
  • Ebitda 42.37%
  • Net Worth 3986.52%
  • Total Assets -42.30%

About Friendly Automotives (India)

Friendly Automotives (India) Private Limited (FAIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 December 2010 and has a history of 14 years and two months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 7.50 Cr and a paid-up capital of Rs 6.75 Cr.

The company currently has active open charges totaling ₹44.99 Cr. The company has closed loans amounting to ₹47.32 Cr, as per Ministry of Corporate Affairs (MCA) records.

Raghuchaitanya Nayak and Nayak Subha serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    friendlygroups.org

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50102KA2010PTC056285

  • Company No.

    056285

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Dec 2010

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

Who are the key members and board of directors at Friendly Automotives (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Raghuchaitanya Nayak Country flag representing In Managing Director20-Dec-2010Current

Board Members (1)

NameDesignationAppointment DateStatus
Nayak Subha Country flag representing In Director 02-Jun-2022Current

Financial Performance of Friendly Automotives (India).

Friendly Automotives (India) Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 18.68% increase. The company also saw a substantial improvement in profitability, with a 139.71% increase in profit. The company's net worth Soared by an impressive increase of 3986.52%.

Friendly Automotives (India) revenue growth over time
Friendly Automotives (India) 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
18.68%
Revenue from Operations
18.69%
Total Assets
-42.30%
Profit or Loss
139.71%
Net Worth
3986.52%
EBITDA
42.37%

What is the Ownership and Shareholding Structure of Friendly Automotives (India)?

In 2021, Friendly Automotives (India) had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹44.99 Cr

Satisfied Charges

₹47.32 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 39.76 Cr
  • Others : 2.71 Cr
  • Yes Bank Limited : 2.51 Cr

Latest Charge Details

DateLenderAmountStatus
28 Oct 2020Canara Bank₹39.76 CrOpen
08 Jun 2017Yes Bank Limited₹2.51 CrOpen
19 Aug 2016Others₹6.75 MOpen
19 Aug 2016Others₹9.96 MOpen
19 Aug 2016Others₹1.04 CrOpen

How Many Employees Work at Friendly Automotives (India)?

Friendly Automotives (India) has a workforce of 30 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.

Employee growth trends for Friendly Automotives (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Friendly Automotives (India), 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 Friendly Automotives (India)'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 Friendly Automotives (India)

Recent activity within the organization

  • Director Appointment

    Nayak Subha was appointed as a Director was appointed as a Director on 02 Jun 2022 & has been associated with this company since 2 years 8 months .

  • Charges

    A charge with Canara Bank of Rs. 39.76 Cr registered on 28 Oct 2020 with Charge ID 100388473 was modified on 23 Feb 2022.

  • Annual General Meeting

    Friendly Automotives (India) Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

  • Balance Sheet

    Friendly Automotives (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.

  • Charges

    A charge registered on 21 Sep 2018 via Charge ID 100204840 with Others was fully satisfied on 09 Dec 2020.

  • Charges

    A charge registered on 03 Sep 2018 via Charge ID 100238640 with Others was fully satisfied on 09 Dec 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Friendly Automotives (India) Private Limited?

    Friendly Automotives (India) Private Limited was incorporated on 20 Dec 2010.

  • What is authorized share capital and paid-up capital of Friendly Automotives (India) Private Limited?

    The authorized share capital of Friendly Automotives (India) Private Limited is ₹ 7.50 Cr and paid-up capital is ₹ 6.75 Cr.

  • Who are the current board members & directors of Friendly Automotives (India) Private Limited?

    Currently 2 directors are associated with Friendly Automotives (India) Private Limited.

    • Raghuchaitanya Yashodhar Nayak
    • Nayak Subha
  • What is the registered address of Friendly Automotives (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Friendly Automotives (India) Private Limited is Porsche Centre Traan El Dorado 28 Lavelle Road, India, Bangalore, Karnataka, 560001.

  • What is the corporate identification number (CIN) and company number of Friendly Automotives (India) Private Limited?

    The corporate identification number (CIN) of Friendly Automotives (India) Private Limited is U50102KA2010PTC056285 and the company number is 056285 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Friendly Automotives (India) Private Limited?

    The Official website of Friendly Automotives (India) Private Limited is https://www.friendlygroups.org

  • What has been the recent revenue trend for Friendly Automotives (India) Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Friendly Automotives (India) Private Limited has risen by 18.68%.

  • How many employees does Friendly Automotives (India) Private Limited currently have?

    As Per 2020 financial reports, 30 employees are currently employed by Friendly Automotives (India) Private Limited.

  • What change has been observed in the net worth of Friendly Automotives (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Friendly Automotives (India) Private Limited has experienced an upsurge of 3986.52%.

  • What are the total open charges for Friendly Automotives (India) Private Limited?

    As per the financial statements for fiscal Year 2020, The total open charges for Friendly Automotives (India) Private Limited amount to ₹ 44.99 Cr.

  • When was the last Balance Sheet of Friendly Automotives (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Friendly Automotives (India) Private Limited was filed with the ROC on 31 Mar 2021.

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