Friends Bulk Handlers Limited

Company expands into LSTT operations through land auction and implements project with 75,800 KL capacity.

2000 | Kachchh, Gujarat (India) | Active
Last Updated: December 21, 2024

Friends Bulk Handlers Profile

Key Indicators

  • Authorised Capital ₹ 45.00 Cr
  • Paid Up Capital ₹ 36.00 Cr
  • Company Age 24 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 45.90 Cr
  • Revenue Growth 46.79%
  • Profit Growth 5480.48%
  • Ebitda -148.29%
  • Net Worth 53.48%
  • Total Assets -18.99%

About Friends Bulk Handlers

Friends Bulk Handlers Limited (FBHL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 March 2000 and has a history of 24 years and ten months. Its registered office is in Kachchh, Gujarat, 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 45.00 Cr and a paid-up capital of Rs 36.00 Cr.

The company has closed loans amounting to ₹45.90 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Friends Bulk Handlers Limited India are Rajesh Tharu as COMPANY SECRETARY and Jitendra Singhvi as Cfo. Jitendra Singhvi, Praveen Singhvi, Mukesh Singhvi, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kachchh, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U32109GJ2000PLC037590

  • Company No.

    037590

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Mar 2000

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

Who are the key members and board of directors at Friends Bulk Handlers?

Executive Team (3)

NameDesignationAppointment DateStatus
Rajesh Tharu Company Secretary29-Mar-2024Current
Jitendra Singhvi CFO08-Apr-2024Current
Praveen Singhvi Country flag representing In Managing Director01-Oct-2002Current

Board Members (3)

NameDesignationAppointment DateStatus
Mukesh Singhvi Country flag representing In Director 01-Oct-2002Current
Hemang Shah Country flag representing In Director 01-Jan-2021Current
Mahamadasalam Khatri Country flag representing In Director 01-May-2024Current

Financial Performance of Friends Bulk Handlers.

Friends Bulk Handlers Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 46.79% increase. The company also saw a substantial improvement in profitability, with a 5480.48% increase in profit. The company's net worth Soared by an impressive increase of 53.48%.

Graph illustrating revenue growth over time
Graph showing 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
46.79%
Revenue from Operations
-94.26%
Total Assets
-18.99%
Profit or Loss
5480.48%
Net Worth
53.48%
EBITDA
-148.29%

What is the Ownership and Shareholding Structure of Friends Bulk Handlers?

In 2023, Friends Bulk Handlers had a promoter holding of 60.00% and a public holding of 40.00%. 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

₹0

Satisfied Charges

₹45.90 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 45.90 Cr

Latest Charge Details

DateLenderAmountStatus
13 Aug 2015State Bank Of India₹45.90 CrSatisfied

How Many Employees Work at Friends Bulk Handlers?

Friends Bulk Handlers has a workforce of 2 employees as of Apr 01, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Friends Bulk Handlers, 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 Bulk Handlers'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 Friends Bulk Handlers

Recent activity within the organization

  • Director Appointment

    Mahamadasalam Kasambhai Khatri was appointed as a Director was appointed as a Director on 01 May 2024 & has been associated with this company since 9 months 1 day .

    01 May 2024

  • Director Appointment

    Jitendra Sukhraj Singhvi was appointed as a Cfo was appointed as a Cfo on 08 Apr 2024 & has been associated with this company since 9 months 24 days .

    08 Apr 2024

  • Director Appointment

    Rajesh Laxmanbhai Tharu was appointed as a Company Secretary was appointed as a Company Secretary on 29 Mar 2024 & has been associated with this company since 10 months 3 days .

    29 Mar 2024

  • Annual General Meeting

    Friends Bulk Handlers Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Friends Bulk Handlers Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 13 Aug 2015 via Charge ID 10590116 with State Bank Of India was fully satisfied on 16 Mar 2022.

    16 Mar 2022

Frequently asked questions

  • Friends Bulk Handlers Limited was incorporated on 21 Mar 2000.

  • The authorized share capital of Friends Bulk Handlers Limited is ₹ 45.00 Cr and paid-up capital is ₹ 36.00 Cr.

  • Currently 7 directors are associated with Friends Bulk Handlers Limited.

    • Rajesh Laxmanbhai Tharu
    • Jitendra Sukhraj Singhvi
    • Jitendra Sukhraj Singhvi
    • Praveen Sukhraj Singhvi
    • Mukesh Babulal Singhvi
    • Hemang Kirtikumar Shah
    • Mahamadasalam Kasambhai Khatri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Friends Bulk Handlers Limited is Maitri Bhavan Plot No 18Sector 46 India, Gandhidham, Gujarat, 370201.

  • The corporate identification number (CIN) of Friends Bulk Handlers Limited is U32109GJ2000PLC037590 and the company number is 037590 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Friends Bulk Handlers Limited is https://www.friendsgroupindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Friends Bulk Handlers Limited has risen by 46.79%.

  • As Per 2023 financial reports, 2 employees are currently employed by Friends Bulk Handlers Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Friends Bulk Handlers Limited has experienced an upsurge of 53.48%.

  • The most recent Balance Sheet for Friends Bulk Handlers Limited was filed with the ROC on 31 Mar 2023.

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