Future Well Shoes Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 2.41 Cr
- Company Age 14 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.50 Cr
- Revenue Growth 273.28%
- Profit Growth 286.61%
- Ebitda 307.66%
- Net Worth 56.20%
- Total Assets -1.80%
About Future Well Shoes
Future Well Shoes Private Limited (FWSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 March 2010 and has a history of 14 years and 11 months. Its registered office is in Vellore, Tamil Nadu, 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 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.
Company Details
- Location
Vellore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Consumer Goods
Future Well Shoes Private Limited
Explore comprehensive data for Future Well Shoes Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
| Metrics |
| (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 Limited
Magesh Chandrasekaran and Scholz Ernst are mutual person
- Arumbugal Educational Foundation
Magesh Chandrasekaran is a mutual person
Charges (Loans)
Open Charges
₹12.50 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 12.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Dec 2017 | Hdfc Bank Limited | ₹2.00 Cr | Open |
| 30 May 2015 | Hdfc Bank Limited | ₹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.
Latest Updates, News, and FAQs on Future Well Shoes
Recent activity within the organization
- Annual General Meeting
Future Well Shoes Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Future Well Shoes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100156162 was registered on 05 Dec 2017.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.50 Cr with Charge ID 10573403 was registered on 30 May 2015.
- Director Appointment
Magesh Kumar Chandrasekaran was appointed as a Managing Director was appointed as a Managing Director on 17 Mar 2010 & has been associated with this company since 14 years 11 months .
- Director Appointment
Scholz Ernst was appointed as a Director was appointed as a Director on 17 Mar 2010 & has been associated with this company since 14 years 11 months .
Frequently asked questions
What is the Incorporation or founding date of Future Well Shoes Private Limited?
Future Well Shoes Private Limited was incorporated on 17 Mar 2010.
What is authorized share capital and paid-up capital of Future Well Shoes Private Limited?
The authorized share capital of Future Well Shoes Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.41 Cr.
Who are the current board members & directors of Future Well Shoes Private Limited?
Currently 2 directors are associated with Future Well Shoes Private Limited.
- Magesh Kumar Chandrasekaran
- Scholz Ernst
What is the registered address of Future Well Shoes Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Future Well Shoes Private Limited is Survey No:250/4A4B4C Nellorepet Village Gudiyatham Taluk, Vellore, Tamil Nadu, India, 632602.
What is the corporate identification number (CIN) and company number of Future Well Shoes Private Limited?
The corporate identification number (CIN) of Future Well Shoes Private Limited is U74999TN2010PTC074962 and the company number is 074962 as per Ministry of Corporate Affairs (MCA).
What is the official website of Future Well Shoes Private Limited?
The Official website of Future Well Shoes Private Limited is https://www.futurewellshoes.in
What has been the recent revenue trend for Future Well Shoes Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Future Well Shoes Private Limited has risen by 273.28%.
How many employees does Future Well Shoes Private Limited currently have?
As Per 2023 financial reports, 212 employees are currently employed by Future Well Shoes Private Limited.
What change has been observed in the net worth of Future Well Shoes Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Future Well Shoes Private Limited has experienced an upsurge of 56.20%.
What are the total open charges for Future Well Shoes Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Future Well Shoes Private Limited amount to ₹ 12.50 Cr.
When was the last Balance Sheet of Future Well Shoes Private Limited filed with the ROC?
The most recent Balance Sheet for Future Well Shoes Private Limited was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records