Future Tyres Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
- Paid Up Capital ₹ 7.98 Cr
- Company Age 13 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 27.08 Cr
- Revenue Growth -35.23%
- Profit Growth -159.87%
- Ebitda -27.46%
- Net Worth -1.97%
- Total Assets 16.46%
About Future Tyres
Future Tyres Private Limited (FTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 June 2011 and has a history of 13 years and eight months. Its registered office is in Panch Mahals, Gujarat, India.
The Company is engaged in the Automotive 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 12.00 Cr and a paid-up capital of Rs 7.98 Cr.
The company has closed loans amounting to ₹27.08 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Mukesh Desai and Pradeep Kothari serve as directors at the Company.
Company Details
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Location
Panch Mahals, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U25113GJ2011PTC065716
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Company No.
065716
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
03 Jun 2011
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Future Tyres?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mukesh Desai
|
Managing Director | 20-Sep-2014 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Pradeep Kothari
|
Director | 20-Sep-2014 | Current |
Financial Performance of Future Tyres.
Future Tyres Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 35.23% decrease. The company also saw a substantial fall in profitability, with a 159.87% decrease in profit. The company's net worth dipped by a decrease of 1.97%.
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What is the Ownership and Shareholding Structure of Future Tyres?
In 2020, Future Tyres had a promoter holding of 47.81% and a public holding of 52.18%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Gaia Batteries Private LimitedMukesh Desai is a mutual person
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Finesse Pharmaceuticals Private LimitedPradeep Kothari is a mutual person
Charges (Loans)
₹0
₹27.08 Cr
Charges Breakdown by Lending Institutions
- The Kalupur Commercial Co-Operative Bank Limited : 18.23 Cr
- Bank Of Baroda : 8.85 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 May 2020 | The Kalupur Commercial Co-Operative Bank Limited | ₹6.40 M | Satisfied |
| 08 Jan 2015 | The Kalupur Commercial Co-Operative Bank Limited | ₹9.06 Cr | Satisfied |
| 10 Dec 2014 | The Kalupur Commercial Co-Operative Bank Limited | ₹4.60 Cr | Satisfied |
| 10 Dec 2014 | The Kalupur Commercial Co-Operative Bank Limited | ₹3.93 Cr | Satisfied |
| 05 Oct 2011 | Bank Of Baroda | ₹8.85 Cr | Satisfied |
How Many Employees Work at Future Tyres?
Future Tyres has a workforce of 5 employees as of Mar 29, 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 Tyres, 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 Tyres'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.
