Future Stone Works Private Limited

Founded in 2009 and headquartered in Karnataka, India.

2009 | Bangalore, Karnataka (India) | Active
Last Updated: July 25, 2024

Future Stone Works Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 15 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 12.50 Cr
  • Revenue Growth -55.81%
  • Profit Growth -16.05%
  • Ebitda -19.94%
  • Net Worth 4.67%
  • Total Assets 2.75%

About Future Stone Works

Future Stone Works Private Limited (FSWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 October 2009 and has a history of 15 years and four months. Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Metals And Minerals 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company has closed loans amounting to ₹12.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Nishu Garg and Sunil Bansal serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24100KA2009PTC051084

  • Company No.

    051084

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Oct 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

What products or services does Future Stone Works Private Limited offer?

Future Stone Works Private Limited offers a wide range of products and services, including Granite, Marble, Sandstone & Others, Sandstone.

Who are the key members and board of directors at Future Stone Works?

Board Members (2)

Name Designation Appointment Date Status
Sunil Bansal Country flag representing In Director 10-May-2010 Current
Nishu Garg Country flag representing In Director 03-Jun-2016 Current

Financial Performance of Future Stone Works.

Future Stone Works Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 55.81% decrease. The company also saw a substantial fall in profitability, with a 16.05% decrease in profit. The company's net worth moved up by a moderate rise of 4.67%.

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
-55.81%
Revenue from Operations
-56.15%
Total Assets
2.75%
Profit or Loss
-16.05%
Net Worth
4.67%
EBITDA
-19.94%

What is the Ownership and Shareholding Structure of Future Stone Works?

In 2023, Future Stone Works 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

₹0

Satisfied Charges

₹125.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 12.50 Cr

Latest Charge Details

Date Lender Amount Status
07 Feb 2014 Axis Bank Limited ₹5.00 Cr Satisfied
14 Oct 2010 Axis Bank Limited ₹7.50 Cr Satisfied

How Many Employees Work at Future Stone Works?

Future Stone Works has a workforce of 13 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 Stone Works, 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 Stone Works'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 Stone Works

Recent activity within the organization

  • Annual General Meeting

    Future Stone Works Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Future Stone Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge registered on 07 Feb 2014 via Charge ID 10478916 with Axis Bank Limited was fully satisfied on 25 Nov 2022.

    25 Nov 2022

  • Director Appointment

    Nishu Garg was appointed as a Director was appointed as a Director on 03 Jun 2016 & has been associated with this company since 8 years 8 months .

    03 Jun 2016

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 50.00 M with Charge ID 10478916 was registered on 07 Feb 2014.

    07 Feb 2014

  • Charges

    A charge registered on 14 Oct 2010 via Charge ID 10252992 with Axis Bank Limited was fully satisfied on 26 Oct 2013.

    26 Oct 2013

Frequently asked questions

  • Future Stone Works Private Limited was incorporated on 05 Oct 2009.

  • The authorized share capital of Future Stone Works Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 2 directors are associated with Future Stone Works Private Limited.

    • Nishu Garg
    • Sunil Bansal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Future Stone Works Private Limited is No 303 Victoria Ii Apartments Domlur Layout, Bangalore, Karnataka, India, 560071.

  • The corporate identification number (CIN) of Future Stone Works Private Limited is U24100KA2009PTC051084 and the company number is 051084 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Future Stone Works Private Limited is https://www.futurestoneworks.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Future Stone Works Private Limited has fallen by -55.81%.

  • As Per 2023 financial reports, 13 employees are currently employed by Future Stone Works Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Future Stone Works Private Limited has experienced an upsurge of 4.67%.

  • The most recent Balance Sheet for Future Stone Works Private Limited was filed with the ROC on 31 Mar 2023.

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