Friends Auto (India) Limited logo

Friends Auto (India) Limited

Manufactures leaf springs and assemblies for commercial vehicles and tractors.

1997 New Delhi, Delhi (India) Active

About

Basic Data Updated:

2 months ago
Friends Auto (India) Limited (FAIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 July 1997 and has a history of 27 years and two months. Its registered office is in New Delhi, Delhi, India.

The Company is engaged in the Automobiles 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 4.00 cr and a paid-up capital of Rs 3.84 cr.

The Corporate currently has active open charges totaling ₹125.35 cr. It has already closed loans amounting to ₹17.62 cr, as per the Ministry of Corporate Affairs (MCA) records.

Gurneet Chawla, Sarabjeet Chawla, Sanjay Mendiratta, and Three other members serve as directors at the Company.

Industry

Company Details

  • Location

    New Delhi, Delhi, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU34300DL1997PLC088642
Company No.088642
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date22 Jul 1997
Date of AGM12 Jan 2023
Date of Balance Sheet31 Mar 2021
Listing StatusUnlisted
ROC CodeRoc Delhi

Products or Services related to Friends Auto (India) Limited

Bolt Clamp

Pipe Clamps

Brake Lining

Brake Parts

Propeller Shaft

Automotive Shafts

Hub Bolts

Automotive Bolts

product
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Friends Auto (India) Limited offers a wide range of products and services, including: Metal Pipe & Plumbing Fittings, Pipe Clamps, Brakes & Braking Systems, Brake Parts, Automobile Fittings & Components, Automotive Shafts, Leaf Springs, Alloy, Metal and High Strength Bolts, Automotive Bolts.

Financials of Friends Auto (India) Limited

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Friends Auto (India) Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 88.39% decrease. The company also saw a substantial improvement in profitability, with a 39.84% increase in profit. The company's net worth observed a substantial decline by a decrease of 72.83%.

Corporate Structure

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Unlock access to Friends Auto (India)'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.

People in Friends Auto (India) Limited

Executive Team (1)

  • AC

    Amarjeet Chawla In Managing Director

    Appointment Date: 22-Jul-1997

    Status: Current

Board Members(5)

Charges (Loans)

Open Charges Satisfied Charges

₹125.35 cr

₹17.62 cr

LenderAmountStatus

Canara Bank

Creation Date: 27 Nov 2015
₹5.00 CrOpen

Canara Bank

Creation Date: 23 Sep 2011
₹48.35 CrOpen

Canara Bank

Creation Date: 20 Jan 2005
₹50.00 CrOpen

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Friends Auto (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 Friends Auto (India)'s trajectory.

Rating

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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.

Alert

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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.

Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Charges

    A charge registered on 30 Jun 2017 via Charge ID 100107451 with Others was fully satisfied on 18 Jul 2023.

    18 Jul 2023
  • Activity

    Charges

    A charge registered on 21 Dec 2015 via Charge ID 10613811 with Dewan Housing Finance Corporation Limited was fully satisfied on 18 Jul 2023.

    18 Jul 2023
  • Activity

    Charges

    A charge registered on 26 May 2012 via Charge ID 10357177 with Intec Capital Limited was fully satisfied on 10 Feb 2023.

    10 Feb 2023
  • Activity

    Charges

    A charge registered on 26 May 2012 via Charge ID 10357171 with Intec Capital Limited was fully satisfied on 24 Jan 2023.

    24 Jan 2023
  • Activity

    Annual General Meeting

    Friends Auto (India) Limited last Annual general meeting of members was held on 12 Jan 2023 as per latest MCA records.

    12 Jan 2023

Frequently asked questions

What is the Incorporation or founding date of Friends Auto (India) Limited?

Friends Auto (India) Limited was incorporated 27 years 2 months ago on 22 Jul 1997 with Registrar of Companies Roc Delhi.

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