Frontier Springs Limited.

Manufacturer of coil springs for transportation and industrial equipment, with ISO certifications and notable clients.

1981 | Kanpur Nagar, Uttar Pradesh (India) | Active
Last Updated: November 16, 2024

Frontier Springs Profile

Key Indicators

  • Authorised Capital ₹ 5.10 Cr
  • Paid Up Capital ₹ 3.96 Cr
  • Company Age 43 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 37.49 Cr
  • Satisfied Charges ₹ 1.09 Cr
  • Revenue Growth 27.60%
  • Profit Growth -3.65%
  • Ebitda 3.59%
  • Net Worth 10.75%
  • Total Assets 18.97%

About Frontier Springs

Frontier Springs Limited. (FSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 February 1981 and has a history of 43 years and 11 months. Its registered office is in Kanpur Nagar, Uttar Pradesh, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 522195.

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 5.10 Cr and a paid-up capital of Rs 3.96 Cr.

The company currently has active open charges totaling ₹37.49 Cr. The company has closed loans amounting to ₹1.09 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Frontier Springs Limited. India are Neeraj Bhatia as CFO and Dhruv Bhasin as Company Secretary. Surendra Gupta, Kundan Bhatia, Kapil Bhatia, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Kanpur Nagar, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L17119UP1981PLC005212

  • Company No.

    005212

  • Stock Symbol

    BSE : 522195

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Feb 1981

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Kanpur

Industry

Machinery and Equipment

What products or services does Frontier Springs Limited. offer?

Frontier Springs Limited. offers a wide range of products and services, including Gearbox, Axle, Sprocket & Gear Parts, Automotive Gears, Roofing Sheets, Colour Coated Roofing Sheet, Steel Sheets, Coated Steel Sheet, Air Springs & Compression Springs, Compression Springs.

Who are the key members and board of directors at Frontier Springs?

Executive Team (4)

NameDesignationAppointment DateStatus
Kundan Bhatia Country flag representing In Managing Director24-Feb-1981Current
Kapil Bhatia Country flag representing In Managing Director03-Jan-1994Current
Neeraj Bhatia Country flag representing In CFO16-May-2014Current
Dhruv Bhasin Country flag representing In Company Secretary21-Mar-2014Current

Board Members (8)

NameDesignationAppointment DateStatus
Nimesh Mukerji Country flag representing In Director 09-Feb-2017Current
Keshao Somkuwar Country flag representing In Director 08-Feb-2020Current
Surendra Gupta Country flag representing In Director 09-Nov-2024Current
Neeraj Bhatia Country flag representing In Whole-Time Director and Cfo 22-Apr-1991Current
Manju Bhatia Country flag representing In Whole-Time Director 14-Nov-2013Current
Mamta Bhatia Country flag representing In Whole-Time Director 14-May-2011Current

Financial Performance of Frontier Springs.

Frontier Springs Limited., for the financial year ended 2023, experienced significant growth in revenue, with a 27.6% increase. The company also saw a slight decrease in profitability, with a 3.65% decrease in profit. The company's net worth Soared by an impressive increase of 10.75%.

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
27.60%
Revenue from Operations
28.33%
Total Assets
18.97%
Profit or Loss
-3.65%
Net Worth
10.75%
EBITDA
3.59%

What is the Ownership and Shareholding Structure of Frontier Springs?

In 2022, Frontier Springs had a promoter holding of 51.76% and a public holding of 48.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹37.49 Cr

Satisfied Charges

₹1.09 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 34.87 Cr
  • Others : 1.92 Cr
  • Axis Bank Limited : 0.40 Cr
  • Member Secretary Single Window Clearance Agency : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
31 Aug 2024Others₹2.50 MOpen
16 Apr 2024Others₹2.00 MOpen
05 Feb 2024Others₹7.50 MOpen
02 Jan 2023Others₹1.00 MOpen
28 Feb 2022Others₹4.00 MOpen

How Many Employees Work at Frontier Springs?

Frontier Springs has a workforce of 196 employees as of Mar 27, 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 Frontier Springs, 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 Frontier Springs'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 Frontier Springs

Recent activity within the organization

  • Director Appointment

    Surendra Kumar Premnarayan Gupta was appointed as a Director was appointed as a Director on 09 Nov 2024 & has been associated with this company since 2 months 23 days .

    09 Nov 2024

  • Director Appointment

    Sudhanshu Mani was appointed as a Director was appointed as a Director on 05 Nov 2024 & has been associated with this company since 2 months 27 days .

    05 Nov 2024

  • Charges

    A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100980278 was registered on 31 Aug 2024.

    31 Aug 2024

  • Charges

    A charge with State Bank Of India of Rs. 34.87 Cr registered on 11 Mar 1995 with Charge ID 80039018 was modified on 15 Jul 2024.

    15 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100941371 was registered on 16 Apr 2024.

    16 Apr 2024

  • Charges

    A charge with Others amounted to Rs. 0.75 Cr with Charge ID 100878382 was registered on 05 Feb 2024.

    05 Feb 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Frontier Springs Limited. was incorporated on 24 Feb 1981.

  • The authorized share capital of Frontier Springs Limited. is ₹ 5.10 Cr and paid-up capital is ₹ 3.96 Cr.

  • Currently 12 directors are associated with Frontier Springs Limited..

    • Surendra Kumar Premnarayan Gupta
    • Kundan Lal Bhatia
    • Kapil Bhatia
    • Neeraj Bhatia
    • Manju Bhatia
    • Mamta Bhatia
    • Sarabjit Singh
    • Nimesh Mukerji
    • Keshao Parnuji Somkuwar
    • Sudhanshu Mani
    • Neeraj Bhatia
    • Dhruv Bhasin
  • As per Ministry of Corporate Affairs (Mca), the registered address of Frontier Springs Limited. is 25/4 Kalpi Road Rania India, Kanpur Dehat, Uttar Pradesh, 209304.

  • The corporate identification number (CIN) of Frontier Springs Limited. is L17119UP1981PLC005212 and the company number is 005212 as per Ministry of Corporate Affairs (MCA).

  • Yes, Frontier Springs Limited. is registered on Bombay Stock Exchange (BSE).

  • The Official website of Frontier Springs Limited. is https://www.frontiersprings.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Frontier Springs Limited. has risen by 27.60%.

  • As Per 2023 financial reports, 196 employees are currently employed by Frontier Springs Limited..

  • The financial reports for the fiscal year 2023 indicates that The net worth of Frontier Springs Limited. has experienced an upsurge of 10.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Frontier Springs Limited. amount to ₹ 37.49 Cr.

  • The most recent Balance Sheet for Frontier Springs Limited. was filed with the ROC on 31 Mar 2023.

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