Friends Metals Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 1.50 M
- Company Age 29 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 9.60 Cr
- Satisfied Charges ₹ 6.00 M
- Revenue Growth -21.48%
- Profit Growth -9.32%
- Ebitda -122.55%
- Net Worth 6.62%
- Total Assets -12.90%
About Friends Metals
Friends Metals Private Limited (FMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 December 1995 and has a history of 29 years and two months. Its registered office is in Punjab, Punjab, India.
The Company is engaged in the Engineering 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 1.50 M and a paid-up capital of Rs 1.50 M.
The company currently has active open charges totaling ₹9.60 Cr. The company has closed loans amounting to ₹6.00 M, as per Ministry of Corporate Affairs (MCA) records.
Abhay Gupta and Sat Pal serve as directors at the Company.
Company Details
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Location
Punjab, Punjab, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U28991PB1995PTC017373
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Company No.
017373
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
04 Dec 1995
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Friends Metals?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Abhay Gupta
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Director | 15-May-2008 | Current |
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Sat Pal
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Director | 04-Dec-1995 | Current |
Financial Performance of Friends Metals.
Friends Metals Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.48% decrease. The company also saw a slight decrease in profitability, with a 9.32% decrease in profit. The company's net worth moved up by a moderate rise of 6.62%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Friends Metals?
In 2023, Friends Metals 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)
₹96.05 M
₹6.00 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 7.02 Cr
- Axis Bank Limited : 2.43 Cr
- State Bank Of India : 0.16 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Dec 2023 | Hdfc Bank Limited | ₹2.25 Cr | Open |
| 17 Feb 2023 | Axis Bank Limited | ₹2.43 Cr | Open |
| 27 Oct 2021 | Hdfc Bank Limited | ₹0.30 M | Open |
| 30 Jun 2011 | Hdfc Bank Limited | ₹2.37 Cr | Open |
| 08 Jun 2011 | Hdfc Bank Limited | ₹2.37 Cr | Open |
How Many Employees Work at Friends Metals?
Unlock and access historical data on people associated with Friends Metals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Friends Metals, 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 Metals'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.
