Frontech Profile
Key Indicators
- Authorised Capital ₹ 6.45 Cr
- Paid Up Capital ₹ 6.24 Cr
- Company Age 28 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 46.10 Cr
- Satisfied Charges ₹ 14.75 Cr
- Revenue Growth 11.14%
- Profit Growth 812.38%
- Ebitda 92.82%
- Net Worth 42.76%
- Total Assets -0.64%
About Frontech
Frontech Private Limited (FPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 April 1996 and has a history of 28 years and nine months. Its registered office is in 24 Parganas, West Bengal, India.
The Corporate was formerly known as Mayank Commodeal Pvt Ltd. The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 6.45 Cr and a paid-up capital of Rs 6.24 Cr.
The company currently has active open charges totaling ₹46.10 Cr. The company has closed loans amounting to ₹14.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sanjay Sultania, Abhas Sultania, and Anjali Sultania serve as directors at the Company.
Company Details
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Location
24 Parganas, West Bengal, 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
U72100WB1996PTC079079
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Company No.
079079
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
03 Apr 1996
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Date of AGM
28 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Kolkata
Industry
Who are the key members and board of directors at Frontech?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Abhas Sultania
|
Managing Director | 29-Nov-2018 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Sanjay Sultania
|
Whole-Time Director | 25-Dec-1996 | Current |
|
Anjali Sultania
|
Whole-Time Director | 01-Mar-2024 | Current |
Financial Performance of Frontech.
Frontech Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 11.14% increase. The company also saw a substantial improvement in profitability, with a 812.38% increase in profit. The company's net worth Soared by an impressive increase of 42.76%.
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What is the Ownership and Shareholding Structure of Frontech?
In 2024, Frontech had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Shogun Commercial LlpSanjay Sultania is a mutual person
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Orient Vinimay Pvt Ltd
Sanjay Sultania is a mutual person
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Manyata Commercial Private Limited
Sanjay Sultania and Abhas Sultania are mutual person
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Savera Nirman Private Limited
Sanjay Sultania is a mutual person
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Samiksha Resources Pvt.Ltd.
Sanjay Sultania is a mutual person
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Achal Commercial Private Limited
Sanjay Sultania and Abhas Sultania are mutual person
Charges (Loans)
₹46.10 Cr
₹14.75 Cr
Charges Breakdown by Lending Institutions
- Others : 46.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2022 | Others | ₹1.60 Cr | Open |
| 23 Sep 2021 | Others | ₹44.50 Cr | Open |
| 30 Aug 2019 | Others | ₹14.75 Cr | Satisfied |
How Many Employees Work at Frontech?
Frontech has a workforce of 116 employees as of Dec 14, 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 Frontech, 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 Frontech'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.
