Future Well Shoes Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
as on 15-06-2024
- Paid Up Capital ₹ 2.41 Cr
as on 15-06-2024
- Company Age 14 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.50 Cr
as on 15-06-2024
- Revenue 273.28%
(FY 2023)
- Profit 286.61%
(FY 2023)
- Ebitda 307.66%
(FY 2023)
- Net Worth 56.20%
(FY 2023)
- Total Assets -1.80%
(FY 2023)
About Future Well Shoes
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 2023. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 2.41 Cr.
The company currently has active open charges totaling ₹12.50 Cr.
Magesh Chandrasekaran and Scholz Ernst serve as directors at the Company.
- CIN/LLPIN
U74999TN2010PTC074962
- Company No.
074962
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Mar 2010
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Vellore, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Future Well Shoes?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Magesh Chandrasekaran  | Managing Director | 17-Mar-2010 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Scholz Ernst  | Director | 17-Mar-2010 | Current |
Financial Performance of Future Well Shoes.
Future Well Shoes Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 273.28% increase. The company also saw a substantial improvement in profitability, with a 286.61% increase in profit. The company's net worth Soared by an impressive increase of 56.2%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Future Well Shoes?
In 2023, Future Well Shoes 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)
Lloyd Shoes India Private LimitedActive 15 years 8 monthsMagesh Chandrasekaran and Scholz Ernst are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 05 Dec 2017 | ₹2.00 Cr | Open |
Hdfc Bank Limited Creation Date: 30 May 2015 | ₹10.50 Cr | Open |
How Many Employees Work at Future Well Shoes?
Future Well Shoes has a workforce of 212 employees as of Apr 07, 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 Well Shoes, 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 Well Shoes'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.
