Futnani Steels Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.49 Cr
- Company Age 32 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.06 Cr
- Satisfied Charges ₹ 7.06 Cr
- Revenue Growth 55.90%
- Profit Growth -55.23%
- Ebitda 9.61%
- Net Worth 1.04%
- Total Assets 75.96%
About Futnani Steels
Futnani Steels Private Limited (FSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 July 1992 and has a history of 32 years and seven months. Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Manufacturing 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 2.00 Cr and a paid-up capital of Rs 1.49 Cr.
The company currently has active open charges totaling ₹6.06 Cr. The company has closed loans amounting to ₹7.06 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kamal Futnani, Ashok Futnani, Gautam Futnani, and Four other members serve as directors at the Company.
Company Details
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Location
Hyderabad, Telangana, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U27109TG1992PTC014472
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Company No.
014472
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
07 Jul 1992
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Date of AGM
30 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 Hyderabad
Industry
What products or services does Futnani Steels Private Limited offer?
Futnani Steels Private Limited offers a wide range of products and services, including Steel Pipes and Tubes, Steel Pipes, Prefabricated Houses & Structures, Prefabricated Structures, Welded Pipes, Rounded Pipe, Stainless Steel Round Pipe, Square Pipes, Mild Steel Round Pipe, Carbon Steel Pipes.
Who are the key members and board of directors at Futnani Steels?
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kamal Futnani
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Whole-Time Director | 07-Jul-1992 | Current |
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Ashok Futnani
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Whole-Time Director | 07-Jul-1992 | Current |
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Gautam Futnani
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Whole-Time Director | 01-Jun-1999 | Current |
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Maya Futnani
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Whole-Time Director | 07-Jul-1992 | Current |
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Manish Futnani
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Whole-Time Director | 01-Jun-1999 | Current |
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Nayan Futnani
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Whole-Time Director | 06-Jan-2003 | Current |
Financial Performance of Futnani Steels.
Futnani Steels Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 55.9% increase. The company also saw a substantial fall in profitability, with a 55.23% decrease in profit. The company's net worth moved up by a moderate rise of 1.04%.
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What is the Ownership and Shareholding Structure of Futnani Steels?
In 2022, Futnani Steels 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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Magic Matrix Studios LlpManish Futnani and Nayan Futnani are mutual person
Charges (Loans)
₹6.06 Cr
₹7.06 Cr
Charges Breakdown by Lending Institutions
- Others : 5.89 Cr
- Hdfc Bank Limited : 0.17 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jun 2022 | Hdfc Bank Limited | ₹1.75 M | Open |
| 12 May 2022 | Others | ₹5.89 Cr | Open |
| 21 Nov 2020 | Hdfc Bank Limited | ₹1.63 M | Satisfied |
| 27 Feb 2012 | Others | ₹4.36 Cr | Satisfied |
| 24 Feb 1994 | Central Bank Of India | ₹1.00 M | Satisfied |
How Many Employees Work at Futnani Steels?
Futnani Steels has a workforce of 26 employees as of Apr 08, 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 Futnani 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 Futnani Steels'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.
