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Future Corporate Resources Profile
Key Indicators
- Authorised Capital ₹ 86.24 Cr
- Paid Up Capital ₹ 4.01 Cr
- Company Age 17 Year, 4 Months
- Last Filing with ROC 31 Mar 2021
- Open Charges ₹ 13,570.81 Cr
- Satisfied Charges ₹ 6,396.25 Cr
- Revenue Growth 153.22%
- Profit Growth -49.68%
- Ebitda -335.60%
- Net Worth -183.86%
- Total Assets -36.85%
About Future Corporate Resources
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74140MH2007PTC175603
- Company No.
175603
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Nov 2007
- Date of AGM
30 Nov 2021
- Date of Balance Sheet
31 Mar 2021
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Future Corporate Resources?
Board Members (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Pradeep More ![]() | Additional Director | 06-Jul-2023 | Current |
Rajnandan Paswan ![]() | Additional Director | 06-Oct-2023 | Current |
Financial Performance of Future Corporate Resources.
Future Corporate Resources Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 153.22% increase. The company also saw a substantial fall in profitability, with a 49.68% decrease in profit. The company's net worth observed a substantial decline by a decrease of 183.86%.
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- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Future Corporate Resources?
In 2021, Future Corporate Resources had a promoter holding of 100.00%. The company had 12 Subsidiaries, 2 Joint Ventures and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Related Corporates (Common Directorship)
- Retail Light Techniques India Limited
Rajnandan Paswan is a mutual person
- Brattle Foods Private Limited
Pradeep More is a mutual person
- Future Brands Limited
Pradeep More and Rajnandan Paswan are mutual person
- Ojas Tradelease And Mall Management Private Limited
Pradeep More is a mutual person
- Future Ideas Company Limited
Rajnandan Paswan is a mutual person
- Future Media (India) Limited
Rajnandan Paswan is a mutual person
Charges (Loans)
₹13,570.81 Cr
₹6,396.25 Cr
Charges Breakdown by Lending Institutions
- Others : 9273.77 Cr
- Idbi Trusteeship Services Limited : 2151.00 Cr
- Ifci Limited : 625.05 Cr
- Bank Of India : 495.91 Cr
- Yes Bank Limited : 450.00 Cr
- Others : 575.08 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
27 Oct 2021 | Others | ₹25.00 Cr | Open |
23 Jul 2021 | Others | ₹30.00 Cr | Open |
05 Jun 2021 | Others | ₹58.00 Cr | Open |
21 May 2021 | Others | ₹403.38 Cr | Open |
30 Apr 2021 | Bank Of India | ₹495.91 Cr | Open |
How Many Employees Work at Future Corporate Resources?
Future Corporate Resources has a workforce of 19 employees as of Apr 05, 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.
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Deals i
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Gain comprehensive insights into the Deals and Valuation data of Future Corporate Resources, 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 Future Corporate Resources's trajectory.
Rating
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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
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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 Future Corporate Resources
Recent activity within the organization
- Director Appointment
Rajnandan Bajrangi Paswan was appointed as a Additional Director was appointed as a Additional Director on 06 Oct 2023 & has been associated with this company since 1 year 4 months .
- Charges
A charge registered on 19 Sep 2019 via Charge ID 100299570 with Others was fully satisfied on 04 Sep 2023.
- Director Appointment
Pradeep Madhukar More was appointed as a Additional Director was appointed as a Additional Director on 06 Jul 2023 & has been associated with this company since 1 year 7 months .
- Charges
A charge with Others of Rs. 29.93 Cr registered on 18 Mar 2015 with Charge ID 10561178 was modified on 21 Jun 2023.
- Charges
A charge registered on 12 Mar 2019 via Charge ID 100251896 with Others was fully satisfied on 20 Dec 2022.
- Charges
A charge registered on 16 Feb 2018 via Charge ID 100173677 with Others was fully satisfied on 02 Feb 2022.
Recent News, Updates & Announcement
- Kishore Biyani-backed Future Style Lab to add 70 stores over 3 years.
Future Style Lab makes a pre-store investment of Rs 60 lakh to Rs 1 crore on each of its Cover Story stores, inspired by London high-street fashion.
- Amazon Expands Reach in India, Plans to Sell Products in Offline Stores to Compete with Reliance and Flipkart.
Amazon wants to sell their products in offline stores in India to compete with Reliance and Flipkart. They have started talks with three retail chains and want to sell their private label products in these stores. They also plan to roll out their grocery and fashion brands in these stores. Amazon has already acquired stakes in Future Coupons, More Retail, and Shoppers Stop. This is part of their strategy to create an integrated shopping experience for consumers..
- ESR partners with Future Group to set up Rs 300 crore industrial and warehousing parks.
ESR and Future Group to deliver the highest standards of design, construction and operation of warehouses to ensure that these parks address market demand for first-rate logistics solutions, said Kishore Biyani.
- Kishore Biyani: Amazon's Investment in Future Group Goes Beyond Money, Aims to Strengthen Ecosystem.
Kishore Biyani says Amazon's investment in Future Group is not just for money, but also to be part of the ecosystem. Amazon now owns 49% of Future Coupons and may acquire the rest later. Biyani says this deal will improve payment options for both companies and increase customer loyalty. Future Group is also investing in distribution centers for their food-on-demand venture..
- Amazon to acquire 49% stake in Kishore Biyani’s Future Coupons | Mint.
Deal gives Amazon call option to acquire all or part of promoter shares in Future Retail.Amazon has agreed to make an equity investment in Future Coupons Ltd for acquiring a 49% stake comprising both voting and non-voting shares.
Frequently asked questions
What is the Incorporation or founding date of Future Corporate Resources Private Limited?
Future Corporate Resources Private Limited was incorporated on 01 Nov 2007.
What is authorized share capital and paid-up capital of Future Corporate Resources Private Limited?
The authorized share capital of Future Corporate Resources Private Limited is ₹ 86.24 Cr and paid-up capital is ₹ 4.01 Cr.
Who are the current board members & directors of Future Corporate Resources Private Limited?
Currently 2 directors are associated with Future Corporate Resources Private Limited.
- Pradeep Madhukar More
- Rajnandan Bajrangi Paswan
What is the registered address of Future Corporate Resources Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Future Corporate Resources Private Limited is Ground Floor Shop.No.1 Laxmi Narayan Stationary Prem Nagar, Opp. Meghwadi India, Jogeshwari East, Maharashtra, 400060.
What is the corporate identification number (CIN) and company number of Future Corporate Resources Private Limited?
The corporate identification number (CIN) of Future Corporate Resources Private Limited is U74140MH2007PTC175603 and the company number is 175603 as per Ministry of Corporate Affairs (MCA).
What is the official website of Future Corporate Resources Private Limited?
The Official website of Future Corporate Resources Private Limited is https://www.futuregroup.in
What has been the recent revenue trend for Future Corporate Resources Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Future Corporate Resources Private Limited has risen by 153.22%.
How many employees does Future Corporate Resources Private Limited currently have?
As Per 2021 financial reports, 19 employees are currently employed by Future Corporate Resources Private Limited.
What change has been observed in the net worth of Future Corporate Resources Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Future Corporate Resources Private Limited has experienced an downturn of -183.86%.
What are the total open charges for Future Corporate Resources Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Future Corporate Resources Private Limited amount to ₹ 13,570.81 Cr.
When was the last Balance Sheet of Future Corporate Resources Private Limited filed with the ROC?
The most recent Balance Sheet for Future Corporate Resources Private Limited was filed with the ROC on 31 Mar 2021.
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