Future Speciality Retail Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 3.59 M
- Company Age 8 Year, 5 Months
- Last Filing with ROC 31 Mar 2021
- Open Charges ₹ 42.86 Cr
- Revenue Growth -65.65%
- Profit Growth -173.50%
- Ebitda -153.28%
- Net Worth -38.21%
- Total Assets -23.35%
About Future Speciality Retail
Future Speciality Retail Limited (FSRL) is a Public Limited Indian Non-Government Company incorporated in India on 27 September 2016 (Eight years and five months 6 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Consumer Goods Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.59 M.
The company currently has active open charges totaling ₹42.86 Cr.
Satishchandra More, Ravikant Anwekar, and Suresh Sadhwani 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
U74999MH2016PLC286295
- Company No.
286295
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
27 Sep 2016
- Date of AGM
29 Sep 2021
- Date of Balance Sheet
31 Mar 2021
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Consumer Goods
Fashion and Textile
Who are the key members and board of directors at Future Speciality Retail?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravikant Anwekar  | Director | 21-Jan-2021 | Current |
| Satishchandra More | Additional Director | 13-Apr-2022 | Current |
| Suresh Sadhwani | Director | 30-Jun-2020 | Current |
Financial Performance of Future Speciality Retail.
Future Speciality Retail Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 65.65% decrease. The company also saw a substantial fall in profitability, with a 173.5% decrease in profit. The company's net worth observed a substantial decline by a decrease of 38.21%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Future Speciality Retail?
In 2021, Future Speciality Retail 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)
- Flfl Athleisure Limited
Ravikant Anwekar and Suresh Sadhwani are mutual person
- Future Trendz Limited
Ravikant Anwekar is a mutual person
- Excellent Lifestyle Limited
Suresh Sadhwani is a mutual person
- Flfl Travel Retail West Private Limited
Suresh Sadhwani is a mutual person
Indus-League Clothing LimitedRavikant Anwekar is a mutual person
Hydralube Impex Private LimitedSatishchandra More is a mutual person
Charges (Loans)
Open Charges
₹428.60 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 42.86 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Aug 2018 | Others | ₹42.86 Cr | Open |
How Many Employees Work at Future Speciality Retail?
Future Speciality Retail has a workforce of 263 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 Speciality Retail, 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 Speciality Retail'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 Speciality Retail
Recent activity within the organization
- Director Appointment
Satishchandra Dattaray More was appointed as a Additional Director was appointed as a Additional Director on 13 Apr 2022 & has been associated with this company since 2 years 10 months .
- Annual General Meeting
Future Speciality Retail Limited last Annual general meeting of members was held on 29 Sep 2021 as per latest MCA records.
- Charges
A charge with Others of Rs. 428.60 M registered on 09 Aug 2018 with Charge ID 100203302 was modified on 19 May 2021.
- Balance Sheet
Future Speciality Retail Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.
- Director Appointment
Ravikant Anwekar was appointed as a Director was appointed as a Director on 21 Jan 2021 & has been associated with this company since 4 years 1 month .
- Director Appointment
Suresh Sadhwani was appointed as a Director was appointed as a Director on 30 Jun 2020 & has been associated with this company since 4 years 8 months .
Recent News, Updates & Announcement
Future Lifestyle Fashions Ltd Secures Rs 300 Crore Investment from Apollo India, Shareholders Unanimously Approve.Future Lifestyle Fashions Ltd gets green light to raise Rs 300 crore from Apollo India. Shareholders approve issuing 64.79 lakh equity shares at Rs 463 each. 99.99% votes in favor. Also allowed to invest, loan, and provide security. #MoneyMoves #ApolloIndia #FutureFashion.
- Blackstone acquires 6% in Future Lifestyle for Rs 545 crore.
Promoter entity Ryka Commercial Ventures Private Ltd has sold 11.6 million shares of Future Lifestyle Fashion (FLF) to Blackstone in a secondary market transaction.
- Future Fashions $250 million deal with Blackstone.
Existing investor Aion is getting a partial payout and is likely to roll over $50 million of its $110 million exposure..
- Future Lifestyle Q1 net profit drops 7 pc to Rs 24.54 cr.
New Delhi: Future Lifestyle Fashions (FLFL), part of the Kishore Biyani-led Future Group, Saturday posted a 6.83 per cent fall in consolidated net profit at Rs 24.54 crore for the first quarter of 2019-20..
Frequently asked questions
What is the Incorporation or founding date of Future Speciality Retail Limited?
Future Speciality Retail Limited was incorporated on 27 Sep 2016.
What is authorized share capital and paid-up capital of Future Speciality Retail Limited?
The authorized share capital of Future Speciality Retail Limited is ₹ 5.00 M and paid-up capital is ₹ 3.59 M.
Who are the current board members & directors of Future Speciality Retail Limited?
Currently 3 directors are associated with Future Speciality Retail Limited.
- Satishchandra Dattaray More
- Ravikant Anwekar
- Suresh Sadhwani
What is the registered address of Future Speciality Retail Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Future Speciality Retail Limited is Knowledge House Shyam Nagar Off Jogeshwari Vikhroli Link Road, Jogesh Wari(East) India, Mumbai, Maharashtra, 400060.
What is the corporate identification number (CIN) and company number of Future Speciality Retail Limited?
The corporate identification number (CIN) of Future Speciality Retail Limited is U74999MH2016PLC286295 and the company number is 286295 as per Ministry of Corporate Affairs (MCA).
What is the official website of Future Speciality Retail Limited?
The Official website of Future Speciality Retail Limited is https://www.futurelifestyle.in
What has been the recent revenue trend for Future Speciality Retail Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Future Speciality Retail Limited has fallen by -65.65%.
How many employees does Future Speciality Retail Limited currently have?
As Per 2021 financial reports, 263 employees are currently employed by Future Speciality Retail Limited.
What change has been observed in the net worth of Future Speciality Retail Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Future Speciality Retail Limited has experienced an downturn of -38.21%.
What are the total open charges for Future Speciality Retail Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Future Speciality Retail Limited amount to ₹ 42.86 Cr.
When was the last Balance Sheet of Future Speciality Retail Limited filed with the ROC?
The most recent Balance Sheet for Future Speciality Retail Limited was filed with the ROC on 31 Mar 2021.
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