Future Market Networks Profile
Key Indicators
- Authorised Capital ₹ 90.35 Cr
- Paid Up Capital ₹ 57.54 Cr
- Company Age 16 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- 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 16 years and ten 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 Agre Developers Limited. The Company is engaged in the Financial Services 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 90.35 Cr and a paid-up capital of Rs 57.54 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 are Rajesh Maloo as CFO and Anil Cherian as Company Secretary. Sunil Biyani, Dimple Somani, Pramod Arora, 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
Industry
Who are the key members and board of directors at Future Market Networks?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Cherian  | Company Secretary | 01-Sep-2010 | Current |
| Rajesh Maloo | CFO | 10-Feb-2023 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pramod Arora | Director | 14-Aug-2017 | Current |
| Sunil Biyani | Director | 30-May-2013 | Current |
| Dimple Somani | Director | 11-Aug-2023 | Current |
| Shreesh Misra | Whole-Time Director | 10-Nov-2022 | Current |
| Anil Biyani | Director | 10-Nov-2022 | Current |
| Priya Khandelwal | Director | 10-Feb-2023 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
U2l Learning Solutions LimitedShreesh Misra is a mutual person
Future Ideas Company LimitedAnil Biyani is a mutual person
Future Hospitality Private LimitedAnil Biyani is a mutual person
- Riddhi Siddhi Mall Management Private Limited
Anil Biyani is a mutual person
- Fdrt Consultancy Services Limited
Anil Biyani is a mutual person
Galaxy Cloud Kitchens LimitedSunil Biyani and Dimple Somani are mutual person
Charges (Loans)
₹839.07 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Oct 2021 | Others | ₹25.00 Cr | Open |
| 07 Sep 2021 | Others | ₹500.00 Cr | Open |
| 15 Jun 2021 | Others | ₹105.00 Cr | Open |
| 13 Jul 2020 | State Bank Of India | ₹48.00 Cr | Open |
| 18 Nov 2019 | Others | ₹140.00 Cr | Open |
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.
Deals i
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
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.
