Friends Auto (India) Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 3.84 Cr
- Company Age 27 Year, 9 Months
- Last Filing with ROC 31 Mar 2021
- Satisfied Charges ₹ 142.97 Cr
- Revenue Growth -88.39%
- Profit Growth 39.84%
- Ebitda 34.68%
- Net Worth -72.83%
- Total Assets -41.00%
About Friends Auto (India)
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 nine months. Its registered office is in Delhi, 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 4.00 Cr and a paid-up capital of Rs 3.84 Cr.
The company has closed loans amounting to ₹142.97 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Sudhir Mendiratta, Sarabjeet Chawla, Gurneet Chawla, and Three other members serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U34300DL1997PLC088642
- Company No.
088642
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
22 Jul 1997
- Date of AGM
12 Jan 2023
- Date of Balance Sheet
31 Mar 2021
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Automotive
What products or services does Friends Auto (India) Limited offer?
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.
Friends Auto (India) Limited
Explore comprehensive data for Friends Auto (India) Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Friends Auto (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amarjeet Chawla  | Managing Director | 22-Jul-1997 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sudhir Mendiratta | Director | 17-Jun-2008 | Current |
| Sarabjeet Chawla | Director | 18-Aug-2017 | Current |
| Gurneet Chawla | Director | 28-Jun-2008 | Current |
| Sanjay Mendiratta | Director | 17-Sep-2008 | Current |
| Ravinder Chawla | Director | 28-Jun-2008 | Current |
Financial Performance of Friends Auto (India).
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Friends Auto (India)?
In 2018, Friends Auto (India) had a promoter holding of 22.87% and a public holding of 77.13%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Sarabjeet Chawla and Amarjeet Chawla are mutual person
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Sarabjeet Chawla and Amarjeet Chawla are mutual person
- Unik Springs (India) Private Limited
Sarabjeet Chawla and Amarjeet Chawla are mutual person
- Anchor Alloys Private Limited
Sarabjeet Chawla and Amarjeet Chawla are mutual person
- Rajkesh Infrastructure Private Limited
Sarabjeet Chawla is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹142.97 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 134.40 Cr
- Dewan Housing Finance Corporation Limited : 5.02 Cr
- Intec Capital Limited : 2.75 Cr
- Others : 0.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2017 | Others | ₹8.03 M | Satisfied |
| 21 Dec 2015 | Dewan Housing Finance Corporation Limited | ₹5.02 Cr | Satisfied |
| 27 Nov 2015 | Canara Bank | ₹5.00 Cr | Satisfied |
| 26 May 2012 | Intec Capital Limited | ₹1.20 Cr | Satisfied |
| 26 May 2012 | Intec Capital Limited | ₹1.55 Cr | Satisfied |
How Many Employees Work at Friends Auto (India)?
Friends Auto (India) has a workforce of 60 employees as of Apr 09, 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 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
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 Friends Auto (India)
Recent activity within the organization
- Charges
A charge registered on 27 Nov 2015 via Charge ID 10606992 with Canara Bank was fully satisfied on 10 Jan 2024.
- Charges
A charge registered on 23 Sep 2011 via Charge ID 10311703 with Canara Bank was fully satisfied on 10 Jan 2024.
- Charges
A charge registered on 20 Jan 2005 via Charge ID 90058865 with Canara Bank was fully satisfied on 10 Jan 2024.
- Charges
A charge registered on 03 Feb 2004 via Charge ID 80003886 with Canara Bank was fully satisfied on 10 Jan 2024.
- Charges
A charge registered on 30 Jun 2017 via Charge ID 100107451 with Others was fully satisfied on 18 Jul 2023.
- 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.
Frequently asked questions
What is the Incorporation or founding date of Friends Auto (India) Limited?
Friends Auto (India) Limited was incorporated on 22 Jul 1997.
What is authorized share capital and paid-up capital of Friends Auto (India) Limited?
The authorized share capital of Friends Auto (India) Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.84 Cr.
Who are the current board members & directors of Friends Auto (India) Limited?
Currently 6 directors are associated with Friends Auto (India) Limited.
- Sudhir Mendiratta
- Sarabjeet Singh Chawla
- Gurneet Kaur Chawla
- Sanjay Mendiratta
- Amarjeet Singh Chawla
- Ravinder Chawla
What is the registered address of Friends Auto (India) Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Friends Auto (India) Limited is 5 Village Tajpur Badarpur, India, New Delhi, 110044.
What is the corporate identification number (CIN) and company number of Friends Auto (India) Limited?
The corporate identification number (CIN) of Friends Auto (India) Limited is U34300DL1997PLC088642 and the company number is 088642 as per Ministry of Corporate Affairs (MCA).
What is the official website of Friends Auto (India) Limited?
The Official website of Friends Auto (India) Limited is https://www.unikindia.com
What has been the recent revenue trend for Friends Auto (India) Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Friends Auto (India) Limited has fallen by -88.39%.
How many employees does Friends Auto (India) Limited currently have?
As Per 2021 financial reports, 60 employees are currently employed by Friends Auto (India) Limited.
What change has been observed in the net worth of Friends Auto (India) Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Friends Auto (India) Limited has experienced an downturn of -72.83%.
When was the last Balance Sheet of Friends Auto (India) Limited filed with the ROC?
The most recent Balance Sheet for Friends Auto (India) Limited was filed with the ROC on 31 Mar 2021.
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