Future Garments (India) Private Limited
Clothing trading company established in 1998, based in Orissa.
1998 | Khorda, Odisha (India) | Active
Future Garments (India) Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.98 Cr
- Company Age 26 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.36 Cr
- Revenue Growth -2.74%
- Profit Growth -1245.39%
- Ebitda -1245.39%
- Net Worth -11.92%
- Total Assets 0.31%
About Future Garments (India)
Future Garments (India) Private Limited (FGIPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 September 1998 and has a history of 26 years and seven months. Its registered office is in Khorda, Odisha, India.
The Company is engaged in the Home & Lifestyle 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 3.00 Cr and a paid-up capital of Rs 2.98 Cr.
The company currently has active open charges totaling ₹1.36 Cr.
Hardip Palak, Barun Barik, and Kuldip Palak serve as directors at the Company.
Company Details
- Location
Khorda, Odisha, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U18101OR1998PTC005458
- Company No.
005458
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Sep 1998
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Cuttack
Industry
Home & Lifestyle
Future Garments (India) Private Limited
Explore comprehensive data for Future Garments (India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Future Garments (India)?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hardip Palak  | Director | 16-Sep-1998 | Current |
Barun Barik  | Director | 09-May-2022 | Current |
| Kuldip Palak | Director | 29-Oct-2010 | Current |
Financial Performance of Future Garments (India).
Future Garments (India) Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 2.74% decrease. The company also saw a substantial fall in profitability, with a 1245.39% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.92%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Future Garments (India)?
In 2022, Future Garments (India) 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)
- Oceanic Fishnet Private Limited
Barun Barik is a mutual person
- Op&Hs Skills & Training Private Limited
Barun Barik is a mutual person
Charges (Loans)
Open Charges
₹1.36 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Union Bank Of India : 1.36 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Sep 2003 | Union Bank Of India | ₹1.36 Cr | Open |
How Many Employees Work at Future Garments (India)?
Unlock and access historical data on people associated with Future Garments (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Future Garments (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 Future Garments (India)'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.
Latest Updates, News, and FAQs on Future Garments (India)
Recent activity within the organization
- Annual General Meeting
Future Garments (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Future Garments (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
- Director Appointment
Barun Kumar Barik was appointed as a Director was appointed as a Director on 09 May 2022 & has been associated with this company since 2 years 11 months .
- Director Appointment
Kuldip Singh Palak was appointed as a Director was appointed as a Director on 29 Oct 2010 & has been associated with this company since 14 years 5 months .
- Charges
A charge with Union Bank Of India of Rs. 1.36 Cr registered on 16 Sep 2003 with Charge ID 90082030 was modified on 18 Feb 2009.
- Charges
A charge with Union Bank Of India amounted to Rs. 1.36 Cr with Charge ID 90082030 was registered on 16 Sep 2003.
Frequently asked questions
What is the Incorporation or founding date of Future Garments (India) Private Limited?
Future Garments (India) Private Limited was incorporated on 16 Sep 1998.
What is authorized share capital and paid-up capital of Future Garments (India) Private Limited?
The authorized share capital of Future Garments (India) Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.98 Cr.
Who are the current board members & directors of Future Garments (India) Private Limited?
Currently 3 directors are associated with Future Garments (India) Private Limited.
- Hardip Singh Palak
- Barun Kumar Barik
- Kuldip Singh Palak
What is the registered address of Future Garments (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Future Garments (India) Private Limited is Plot No. 246 Sector-A, Zone-B Mancheswar Industrial Estate India, Bhubaneswar, Orissa, 751010.
What is the corporate identification number (CIN) and company number of Future Garments (India) Private Limited?
The corporate identification number (CIN) of Future Garments (India) Private Limited is U18101OR1998PTC005458 and the company number is 005458 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Future Garments (India) Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Future Garments (India) Private Limited has fallen by -2.74%.
What change has been observed in the net worth of Future Garments (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Future Garments (India) Private Limited has experienced an downturn of -11.92%.
What are the total open charges for Future Garments (India) Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Future Garments (India) Private Limited amount to ₹ 1.36 Cr.
When was the last Balance Sheet of Future Garments (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Future Garments (India) Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
AM
Anuja MohantyDirectorBM
Bidyut MohantyDirectorNM
Niranjan MohantyAdditional Director
Similar Companies Based on Textile Retail & Distribution
Tayal Sons Private Limited Hisar, Haryana, India
National Handloom Development Corporation Limited Noida, Uttar Pradesh, India
The Cotton Corporation Of India Limited Thane, Maharashtra, India
Cmr Textiles & Jewellers Private Limited Visakhapatnam, Andhra Pradesh, India
Apl Corporation Private Limited Surat, Gujarat, India
R S Brothers Retail India Limited Rangareddy, Telangana, India
Lahoti Overseas Limited Mumbai, Maharashtra, India
Vaibhavlaxmi Exports Private Limited Mahesana, Gujarat, India