Future Speciality Retail Limited

This company trades and sells various products, including clothing, footwear, electronics, and more.

2016 | Mumbai, Maharashtra (India) | Active
Last Updated: December 08, 2024

Future Speciality Retail Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.59 M
  • Company Age 8 Year, 4 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 four 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
  • 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 Country flag representing In Director 21-Jan-2021 Current
Satishchandra More Country flag representing In Additional Director 13-Apr-2022 Current
Suresh Sadhwani Country flag representing In 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%.

Graph illustrating revenue growth over time
Graph showing 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
-65.65%
Revenue from Operations
-65.84%
Total Assets
-23.35%
Profit or Loss
-173.50%
Net Worth
-38.21%
EBITDA
-153.28%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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 9 months .

    13 Apr 2022

  • Annual General Meeting

    Future Speciality Retail Limited last Annual general meeting of members was held on 29 Sep 2021 as per latest MCA records.

    29 Sep 2021

  • 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.

    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.

    31 Mar 2021

  • 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 10 days .

    21 Jan 2021

  • 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 7 months .

    30 Jun 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Future Speciality Retail Limited was incorporated on 27 Sep 2016.

  • The authorized share capital of Future Speciality Retail Limited is ₹ 5.00 M and paid-up capital is ₹ 3.59 M.

  • Currently 3 directors are associated with Future Speciality Retail Limited.

    • Satishchandra Dattaray More
    • Ravikant Anwekar
    • Suresh Sadhwani
  • 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.

  • 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).

  • The Official website of Future Speciality Retail Limited is https://www.futurelifestyle.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Future Speciality Retail Limited has fallen by -65.65%.

  • As Per 2021 financial reports, 263 employees are currently employed by Future Speciality Retail Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Future Speciality Retail Limited amount to ₹ 42.86 Cr.

  • The most recent Balance Sheet for Future Speciality Retail Limited was filed with the ROC on 31 Mar 2021.

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