Frostees India Private Limited

This company is a dealer of Hyundai and Triumph vehicles, as well as Ford spare parts and accessories.

1976 | 24 Parganas, West Bengal (India) | Active
Last Updated:

Frostees India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.92 Cr
  • Company Age 48 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 149.00 Cr
  • Satisfied Charges ₹ 124.06 Cr
  • Revenue Growth 37.05%
  • Profit Growth 136.97%
  • Ebitda 50.24%
  • Net Worth 45.74%
  • Total Assets 25.10%

About Frostees India

Frostees India Private Limited (FIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 September 1976 and has a history of 48 years and six months. Its registered office is in 24 Parganas, West Bengal, India.

The Corporate was formerly known as Frostees Export (Inda) Pvt Ltd. The Company is engaged in the Automotive 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 5.00 Cr and a paid-up capital of Rs 3.92 Cr.

The company currently has active open charges totaling ₹149.00 Cr. The company has closed loans amounting to ₹124.06 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nitin Himatsingka, Kavita Himatsingka, Sauvik Bera, and One other member serve as directors at the Company.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U05001WB1976PTC030712

  • Company No.

    030712

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Sep 1976

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Automotive
Education

What products or services does Frostees India Private Limited offer?

Frostees India Private Limited offers a wide range of products and services, including Cars, Hyundai Car.

Who are the key members and board of directors at Frostees India?

Executive Team (1)

NameDesignationAppointment DateStatus
Kavita Himatsingka Country flag representing In Managing Director01-Apr-2004Current

Board Members (3)

NameDesignationAppointment DateStatus
Sauvik Bera Country flag representing In Whole-Time Director 31-Jan-2020Current
Nitin Himatsingka Country flag representing In Whole-Time Director 01-Apr-2005Current
Rishab Himatsingka Country flag representing In Whole-Time Director 01-Jan-2005Current

Financial Performance of Frostees India.

Frostees India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.05% increase. The company also saw a substantial improvement in profitability, with a 136.97% increase in profit. The company's net worth Soared by an impressive increase of 45.74%.

Frostees India revenue growth over time
Frostees India 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
37.05%
Revenue from Operations
36.81%
Total Assets
25.10%
Profit or Loss
136.97%
Net Worth
45.74%
EBITDA
50.24%

What is the Ownership and Shareholding Structure of Frostees India?

In 2023, Frostees India had a promoter holding of 99.74% and a public holding of 0.26%. 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

₹149.00 Cr

Satisfied Charges

₹124.06 Cr

Charges Breakdown by Lending Institutions

  • Others : 60.81 Cr
  • Hdfc Bank Limited : 50.39 Cr
  • State Bank Of India : 37.80 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2023Others₹1.76 CrOpen
16 Feb 2023Hdfc Bank Limited₹3.91 MOpen
18 May 2022Hdfc Bank Limited₹25.00 CrOpen
31 Mar 2021Others₹7.67 CrOpen
04 Feb 2021Hdfc Bank Limited₹25.00 CrOpen

How Many Employees Work at Frostees India?

Frostees India has a workforce of 820 employees as of Apr 07, 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.

Employee growth trends for Frostees India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Frostees India, 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 Frostees India'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 Frostees India

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 25.00 Cr registered on 18 May 2022 with Charge ID 100586572 was modified on 17 Jan 2025.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 25.00 Cr registered on 04 Feb 2021 with Charge ID 100424611 was modified on 23 Dec 2024.

  • Annual General Meeting

    Frostees India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 13.38 Cr registered on 27 Sep 2014 with Charge ID 10525992 was modified on 20 Aug 2024.

  • Balance Sheet

    Frostees India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge registered on 19 Oct 2015 via Charge ID 10598295 with Kotak Mahindra Bank Limited was fully satisfied on 08 Mar 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Frostees India Private Limited?

    Frostees India Private Limited was incorporated on 25 Sep 1976.

  • What is authorized share capital and paid-up capital of Frostees India Private Limited?

    The authorized share capital of Frostees India Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.92 Cr.

  • Who are the current board members & directors of Frostees India Private Limited?

    Currently 4 directors are associated with Frostees India Private Limited.

    • Nitin Himatsingka
    • Kavita Himatsingka
    • Sauvik Bera
    • Rishab Himatsingka
  • What is the registered address of Frostees India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Frostees India Private Limited is Pp-101 Nazrul Islam Avenue Krishnapur India, Kolkata, West Bengal, 700101.

  • What is the corporate identification number (CIN) and company number of Frostees India Private Limited?

    The corporate identification number (CIN) of Frostees India Private Limited is U05001WB1976PTC030712 and the company number is 030712 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Frostees India Private Limited?

    The Official website of Frostees India Private Limited is https://www.frostees.in

  • What has been the recent revenue trend for Frostees India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Frostees India Private Limited has risen by 37.05%.

  • How many employees does Frostees India Private Limited currently have?

    As Per 2023 financial reports, 820 employees are currently employed by Frostees India Private Limited.

  • What change has been observed in the net worth of Frostees India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Frostees India Private Limited has experienced an upsurge of 45.74%.

  • What are the total open charges for Frostees India Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Frostees India Private Limited amount to ₹ 149.00 Cr.

  • When was the last Balance Sheet of Frostees India Private Limited filed with the ROC?

    The most recent Balance Sheet for Frostees India Private Limited was filed with the ROC on 31 Mar 2024.

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