Frolic Steels Private Limited

Founded in 2018 and headquartered in West Bengal, India.

2018 | Kolkata, West Bengal (India) | Active
Last Updated: July 30, 2024

Frolic Steels Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.11 Cr
  • Company Age 6 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.00 Cr
  • Revenue Growth 0.19%
  • Profit Growth 540.29%
  • Ebitda 1.21%
  • Net Worth 0.78%
  • Total Assets -1.25%

About Frolic Steels

Frolic Steels Private Limited (FSPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 June 2018 (Six years and seven months 23 days old ). Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Financial Services 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 5.00 Cr and a paid-up capital of Rs 3.11 Cr.

The company currently has active open charges totaling ₹4.00 Cr.

Vaibhav Agarwal and Mayank Agarwal serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27300WB2018PTC226646

  • Company No.

    226646

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jun 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services
Metals and Minerals

Who are the key members and board of directors at Frolic Steels?

Board Members (2)

Name Designation Appointment Date Status
Vaibhav Agarwal Country flag representing In Director 16-Jan-2019 Current
Mayank Agarwal Country flag representing In Director 13-Jun-2022 Current

Financial Performance of Frolic Steels.

Frolic Steels Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.19% increase. The company also saw a substantial improvement in profitability, with a 540.29% increase in profit. The company's net worth moved up by a moderate rise of 0.78%.

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
0.19%
Revenue from Operations
Total Assets
-1.25%
Profit or Loss
540.29%
Net Worth
0.78%
EBITDA
1.21%

What is the Ownership and Shareholding Structure of Frolic Steels?

In 2023, Frolic Steels had a promoter holding of 3.38% and a public holding of 96.62%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 2.00 Cr
  • Bank Of India : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
15 Jun 2024 Bank Of India ₹2.00 Cr Open
03 Nov 2023 Canara Bank ₹2.00 Cr Open

How Many Employees Work at Frolic Steels?

Unlock and access historical data on people associated with Frolic Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Frolic Steels, 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 Frolic Steels'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 Frolic Steels

Recent activity within the organization

  • Charges

    A charge with Bank Of India amounted to Rs. 2.00 Cr with Charge ID 100948153 was registered on 15 Jun 2024.

    15 Jun 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 2.00 Cr with Charge ID 100818362 was registered on 03 Nov 2023.

    03 Nov 2023

  • Annual General Meeting

    Frolic Steels Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Frolic Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Director Appointment

    Mayank Agarwal was appointed as a Director was appointed as a Director on 13 Jun 2022 & has been associated with this company since 2 years 7 months .

    13 Jun 2022

  • Director Appointment

    Vaibhav Agarwal was appointed as a Director was appointed as a Director on 16 Jan 2019 & has been associated with this company since 6 years 23 days .

    16 Jan 2019

Frequently asked questions

  • Frolic Steels Private Limited was incorporated on 18 Jun 2018.

  • The authorized share capital of Frolic Steels Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.11 Cr.

  • Currently 2 directors are associated with Frolic Steels Private Limited.

    • Vaibhav Agarwal
    • Mayank Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Frolic Steels Private Limited is 34 Chittaranjan Avenue Room No. M8, Kolkata, West Bengal, India, 700012.

  • The corporate identification number (CIN) of Frolic Steels Private Limited is U27300WB2018PTC226646 and the company number is 226646 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Frolic Steels Private Limited has risen by 0.19%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Frolic Steels Private Limited has experienced an upsurge of 0.78%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Frolic Steels Private Limited amount to ₹ 4.00 Cr.

  • The most recent Balance Sheet for Frolic Steels Private Limited was filed with the ROC on 31 Mar 2023.

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