Formula Lighting (India) Profile
Key Indicators
- Authorised Capital ₹ 7.50 Cr
- Paid Up Capital ₹ 7.10 Cr
- Company Age 4 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.70 Cr
- Revenue Growth 13.87%
- Profit Growth 38.65%
- Ebitda 42.96%
- Net Worth 23.36%
- Total Assets -3.65%
About Formula Lighting (India)
Formula Lighting (India) Private Limited (FLIPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 June 2020 (Four years and eight months 1 days old ). Its registered office is in Nainital, Uttarakhand, India.
The Corporate was formerly known as Jaganlamp's Automotives Private Limited. The Company is engaged in the Consumer Electronics & Durables 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 7.50 Cr and a paid-up capital of Rs 7.10 Cr.
The company currently has active open charges totaling ₹10.70 Cr.
Alok Aggarwal and Bhavna Aggarwal serve as directors at the Company.
Company Details
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Location
Nainital, Uttarakhand, 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
U31909UR2020PTC010983
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Company No.
010983
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
01 Jun 2020
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Date of AGM
28 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Uttarakhand
Industry
Who are the key members and board of directors at Formula Lighting (India)?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Alok Aggarwal
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Director | 01-Jun-2020 | Current |
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Bhavna Aggarwal
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Director | 01-Jun-2020 | Current |
Financial Performance of Formula Lighting (India).
Formula Lighting (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.87% increase. The company also saw a substantial improvement in profitability, with a 38.65% increase in profit. The company's net worth Soared by an impressive increase of 23.36%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Formula Lighting (India)?
In 2023, Formula Lighting (India) 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)
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As Bharat Refinery (India) Private LimitedAlok Aggarwal and Bhavna Aggarwal are mutual person
Charges (Loans)
₹10.70 Cr
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 10.70 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Dec 2023 | Hdfc Bank Limited | ₹1.33 Cr | Open |
| 28 Nov 2023 | Hdfc Bank Limited | ₹3.73 M | Open |
| 02 Jun 2021 | Hdfc Bank Limited | ₹9.00 Cr | Open |
How Many Employees Work at Formula Lighting (India)?
Formula Lighting (India) has a workforce of 17 employees as of Apr 05, 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 Formula Lighting (India), 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 Formula Lighting (India)'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.