Future Market Networks Limited

Manages retail real estate portfolio, provides upkeep services, and leases spaces to companies.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated:

Future Market Networks Profile

Key Indicators

  • Authorised Capital ₹ 90.35 Cr
  • Paid Up Capital ₹ 60.64 Cr
  • Company Age 17 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 839.07 Cr
  • Satisfied Charges ₹ 1,764.40 Cr
  • Revenue Growth 8.98%
  • Profit Growth -155.58%
  • Ebitda -13.19%
  • Net Worth -43.39%
  • Total Assets -13.50%

About Future Market Networks

Future Market Networks Limited (FMNL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 March 2008 and has a history of 17 years and two months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 533296 and on the National Stock Exchange(NSE) under FMNL.

The Corporate was formerly known as Future Mall Management Limited. The Company is engaged in the Business Services 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 90.35 Cr and a paid-up capital of Rs 60.64 Cr.

The company currently has active open charges totaling ₹839.07 Cr. The company has closed loans amounting to ₹1,764.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Future Market Networks Limited India is Anil Cherian as COMPANY SECRETARY. Pramod Arora, Priya Khandelwal, Dimple Somani, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L45400MH2008PLC179914

  • Company No.

    179914

  • Stock Symbol

    BSE : 533296 NSE : FMNL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 2008

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Business Services
Financial Services
Company report

Future Market Networks Limited

Explore comprehensive data for Future Market Networks Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Future Market Networks?

Executive Team (1)

NameDesignationAppointment DateStatus
Anil Cherian Country flag representing In Company Secretary01-Sep-2010Current

Board Members (6)

NameDesignationAppointment DateStatus
Pramod Arora Country flag representing In Director 14-Aug-2017Current
Priya Khandelwal Country flag representing In Director 10-Feb-2023Current
Dimple Somani Country flag representing In Director 11-Aug-2023Current
Sunil Biyani Country flag representing In Director 30-May-2013Current
Anil Biyani Country flag representing In Director 10-Nov-2022Current
Shreesh Misra Country flag representing In Whole-Time Director 10-Nov-2022Current

Financial Performance of Future Market Networks.

Future Market Networks Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.98% increase. The company also saw a substantial fall in profitability, with a 155.58% decrease in profit. The company's net worth observed a substantial decline by a decrease of 43.39%.

Future Market Networks revenue growth over time
Future Market Networks 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
8.98%
Revenue from Operations
7.63%
Total Assets
-13.50%
Profit or Loss
-155.58%
Net Worth
-43.39%
EBITDA
-13.19%

What is the Ownership and Shareholding Structure of Future Market Networks?

In 2023, Future Market Networks had a promoter holding of 65.31% and a public holding of 34.68%. The company had 5 Subsidiaries and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹839.07 Cr

Satisfied Charges

₹1,764.40 Cr

Charges Breakdown by Lending Institutions

  • Others : 790.40 Cr
  • State Bank Of India : 48.00 Cr
  • Central Bank Of India : 0.67 Cr

Latest Charge Details

DateLenderAmountStatus
27 Oct 2021Others₹25.00 CrOpen
07 Sep 2021Others₹500.00 CrOpen
15 Jun 2021Others₹105.00 CrOpen
13 Jul 2020State Bank Of India₹48.00 CrOpen
18 Nov 2019Others₹140.00 CrOpen

How Many Employees Work at Future Market Networks?

Future Market Networks has a workforce of 64 employees as of Mar 30, 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.

Employee growth trends for Future Market Networks Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Future Market Networks, 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 Market Networks'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 Market Networks

Recent activity within the organization

  • Annual General Meeting

    Future Market Networks Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Future Market Networks Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Dimple Amit Somani was appointed as a Director was appointed as a Director on 11 Aug 2023 & has been associated with this company since 1 year 9 months .

  • Director Appointment

    Priya Khandelwal was appointed as a Director was appointed as a Director on 10 Feb 2023 & has been associated with this company since 2 years 3 months .

  • Charges

    A charge with Others of Rs. 500.00 Cr registered on 07 Sep 2021 with Charge ID 100485400 was modified on 16 Dec 2022.

  • Director Appointment

    Anil L Biyani was appointed as a Director was appointed as a Director on 10 Nov 2022 & has been associated with this company since 2 years 6 months .

Frequently asked questions

  • What is the Incorporation or founding date of Future Market Networks Limited?

    Future Market Networks Limited was incorporated on 10 Mar 2008.

  • What is authorized share capital and paid-up capital of Future Market Networks Limited?

    The authorized share capital of Future Market Networks Limited is ₹ 90.35 Cr and paid-up capital is ₹ 60.64 Cr.

  • Who are the current board members & directors of Future Market Networks Limited?

    Currently 7 directors are associated with Future Market Networks Limited.

    • Pramod Arora
    • Priya Khandelwal
    • Anil Cherian
    • Dimple Amit Somani
    • Sunil Gopikishan Biyani
    • Anil L Biyani
    • Shreesh Misra

  • What is the registered address of Future Market Networks Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Future Market Networks Limited is Knowledge House Off. Shyam Nagar Jogesheari Vikhroli Link Road Jogeshwar I (East), India, Mumbai, Maharashtra, 400060.

  • What is the corporate identification number (CIN) and company number of Future Market Networks Limited?

    The corporate identification number (CIN) of Future Market Networks Limited is L45400MH2008PLC179914 and the company number is 179914 as per Ministry of Corporate Affairs (MCA).

  • Is Future Market Networks Limited registered with any stock exchange in India?

    Yes, Future Market Networks Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): FMNL.

  • What is the official website of Future Market Networks Limited?

    The Official website of Future Market Networks Limited is https://www.fmn.co.in

  • What has been the recent revenue trend for Future Market Networks Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Future Market Networks Limited has risen by 8.98%.

  • How many employees does Future Market Networks Limited currently have?

    As Per 2023 financial reports, 64 employees are currently employed by Future Market Networks Limited.

  • What change has been observed in the net worth of Future Market Networks Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Future Market Networks Limited has experienced an downturn of -43.39%.

  • What are the total open charges for Future Market Networks Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Future Market Networks Limited amount to ₹ 839.07 Cr.

  • When was the last Balance Sheet of Future Market Networks Limited filed with the ROC?

    The most recent Balance Sheet for Future Market Networks Limited was filed with the ROC on 31 Mar 2024.

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