Future Financial Servicess Private Limited

NBFC providing microfinance and retirement solutions in multiple states and districts.

1996 | Bangaluru, Karnataka (India) | Merged
Last Updated: January 17, 2025

Future Financial Servicess Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 11.91 Cr
  • Company Age 28 Year, 3 Months
  • Last Filing with ROC 31 Mar 2016
  • Satisfied Charges ₹ 1,030.21 Cr
  • Revenue Growth 115.79%
  • Profit Growth 588.86%
  • Ebitda 152.73%
  • Net Worth 39.09%
  • Total Assets 32.49%

About Future Financial Servicess

Future Financial Servicess Private Limited (FFSPL) is Amalgamated company established on 14 Oct 1996 with its office registered at Bangaluru, Karnataka, India and has been running since 28 Year, 3 Months with a paid up capital of 11.91 Cr. According to MCA records, 5 Directors are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65910KA1996PTC077857

  • Company No.

    077857

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Oct 1996

  • Date of AGM

    29 Sep 2016

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

Who are the key members and board of directors at Future Financial Servicess?

Board Members (5)

NameDesignationAppointment DateStatus
Keyur Doshi Country flag representing In Director 16-Oct-2015Current
Nandini Parekh Country flag representing In Director 31-Mar-2015Current
Peravali Satyanarayana Country flag representing In Director 27-Oct-2015Current
Govindasamy Sampathkumar Country flag representing In Nominee Director 24-Sep-2015Current
Dasarathareddy Gunnamreddy Country flag representing In Director 25-Jan-2007Current

Financial Performance of Future Financial Servicess.

Future Financial Servicess Private Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 115.79% increase. The company also saw a substantial improvement in profitability, with a 588.86% increase in profit. The company's net worth Soared by an impressive increase of 39.09%.

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
115.79%
Revenue from Operations
119.19%
Total Assets
32.49%
Profit or Loss
588.86%
Net Worth
39.09%
EBITDA
152.73%

What is the Ownership and Shareholding Structure of Future Financial Servicess?

In 2016, Future Financial Servicess had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1,030.21 Cr

Charges Breakdown by Lending Institutions

  • Small Industries Development Bank Of India : 139.48 Cr
  • Gda Trusteeship Limited : 96.00 Cr
  • Hdfc Bank Limited : 82.10 Cr
  • Idbi Bank Limited : 76.05 Cr
  • Icici Bank Limited : 64.10 Cr
  • Others : 572.49 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2016Others₹30.00 CrSatisfied
23 Feb 2016Kotak Mahindra Bank Limited₹15.00 CrSatisfied
05 Feb 2016Idbi Bank Limited₹25.00 CrSatisfied
30 Jan 2016Dcb Bank Limited₹10.00 CrSatisfied
02 Jan 2016State Bank Of Hyderabad₹15.00 CrSatisfied

How Many Employees Work at Future Financial Servicess?

Future Financial Servicess has a workforce of 1 employees as of May 09, 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 Future Financial Servicess, 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 Financial Servicess'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 Future Financial Servicess

Recent activity within the organization

  • Charges

    A charge registered on 14 Oct 2015 via Charge ID 10598615 with Gda Trusteeship Limited was fully satisfied on 27 Mar 2017.

    27 Mar 2017

  • Charges

    A charge registered on 30 Mar 2016 via Charge ID 100036092 with Others was fully satisfied on 16 Feb 2017.

    16 Feb 2017

  • Charges

    A charge registered on 11 Nov 2014 via Charge ID 10531197 with Small Industries Development Bank Of India was fully satisfied on 16 Feb 2017.

    16 Feb 2017

  • Charges

    A charge registered on 24 Mar 2014 via Charge ID 10489825 with Syndicate Bank was fully satisfied on 13 Feb 2017.

    13 Feb 2017

  • Charges

    A charge registered on 11 Sep 2015 via Charge ID 10590346 with Icici Bank Limited was fully satisfied on 01 Feb 2017.

    01 Feb 2017

  • Charges

    A charge registered on 23 Sep 2014 via Charge ID 10524727 with Icici Bank Limited was fully satisfied on 01 Feb 2017.

    01 Feb 2017

Frequently asked questions

  • Future Financial Servicess Private Limited was incorporated on 14 Oct 1996.

  • The authorized share capital of Future Financial Servicess Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 11.91 Cr.

  • Currently 5 directors are associated with Future Financial Servicess Private Limited.

    • Keyur Gopalbhai Doshi
    • Nandini Jashwantlal Parekh
    • Peravali Satyanarayana
    • Govindasamy Sampathkumar
    • Dasarathareddy Gunnamreddy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Future Financial Servicess Private Limited is 17/1 Gra Tower Ambalipura Main Road Off Sarjapur Road, Agara Post India, Bengaluru, Karnataka, 560103.

  • The corporate identification number (CIN) of Future Financial Servicess Private Limited is U65910KA1996PTC077857 and the company number is 077857 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Future Financial Servicess Private Limited is https://www.future.ifapl.com

  • According to the financial reports for the fiscal year 2016, the revenue trend for Future Financial Servicess Private Limited has risen by 115.79%.

  • As Per 2016 financial reports, 1 employees are currently employed by Future Financial Servicess Private Limited.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Future Financial Servicess Private Limited has experienced an upsurge of 39.09%.

  • The most recent Balance Sheet for Future Financial Servicess Private Limited was filed with the ROC on 31 Mar 2016.

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