Future Foundations Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 0.97 M
as on 16-11-2024
- Company Age 29 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.10 M
as on 16-11-2024
- Satisfied Charges ₹ 2.15 Cr
as on 16-11-2024
- Revenue -33.70%
(FY 2023)
- Profit -93.91%
(FY 2023)
- Ebitda -197.45%
(FY 2023)
- Net Worth -90.49%
(FY 2023)
- Total Assets -0.17%
(FY 2023)
About Future Foundations
The Company is engaged in the Real Estate And Construction 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 3.00 Cr and a paid-up capital of Rs 0.97 M.
The company currently has active open charges totaling ₹5.10 M. The company has closed loans amounting to ₹2.15 Cr, as per Ministry of Corporate Affairs (MCA) records.
Harikumar Nair, Gowri Harikumar, and Aarathi Harikumar serve as directors at the Company.
- CIN/LLPIN
U70101KL1995PTC008608
- Company No.
008608
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Jan 1995
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Company Details
- Location
Thiruvananthapuram, Kerala, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Future Foundations?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harikumar Nair  | Managing Director | 27-Jan-1995 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Aarathi Harikumar | Director | 30-Mar-2018 | Current |
| Gowri Harikumar | Director | 30-Mar-2018 | Current |
Financial Performance of Future Foundations.
Future Foundations Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.7% decrease. The company also saw a substantial fall in profitability, with a 93.91% decrease in profit. The company's net worth observed a substantial decline by a decrease of 90.49%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Future Foundations?
In 2023, Future Foundations had a promoter holding of 74.61% and a public holding of 25.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Morecon Infra Private LimitedActive 16 years 10 monthsHarikumar Nair, Gowri Harikumar and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 05 Dec 2023 | ₹5.10 M | Open |
State Bank Of India Creation Date: 18 Jan 2020 | ₹9.00 M | Satisfied |
State Bank Of Travancore Creation Date: 16 May 2008 | ₹5.00 M | Satisfied |
How Many Employees Work at Future Foundations?
Future Foundations has a workforce of 1 employees as of Apr 06, 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 Future Foundations, 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 Foundations'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.
