The Friends Tea Co Ltd
Processes and sells high-quality tea products.
1912 | Jalpaiguri, West Bengal (India) | Active
The Friends Tea Co Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 9.50 M
- Company Age 112 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.12 Cr
- Satisfied Charges ₹ 2.22 Cr
- Revenue Growth 0.40%
- Profit Growth -3.62%
- Ebitda 3.75%
- Net Worth 10.66%
- Total Assets 28.97%
About The Friends Tea Co
The Friends Tea Co Ltd (TFTCL) was founded in India on 12 November 1912 and has a glorious history of 112 years and six months. Its registered office is in Jalpaiguri, West Bengal, India.
The Company is engaged in the Agriculture 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 2.00 Cr and a paid-up capital of Rs 9.50 M.
The company currently has active open charges totaling ₹10.12 Cr. The company has closed loans amounting to ₹2.22 Cr, as per Ministry of Corporate Affairs (MCA) records.
Piyush Rahut, Salil Banerjee, Samar Singh, and Two other members serve as directors at the Company.
Company Details
- Location
Jalpaiguri, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U15491WB1912PLC002304
- Company No.
002304
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
12 Nov 1912
- Date of AGM
30 Oct 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Agriculture
The Friends Tea Co Ltd
Explore comprehensive data for The Friends Tea Co Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at The Friends Tea Co?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajoy Basu  | Managing Director | 04-Jul-2014 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Piyush Rahut | Whole-Time Director | 28-Jun-1963 | Current |
| Salil Banerjee | Director | 06-Jan-2011 | Current |
| Samar Singh | Director | 10-Apr-2014 | Current |
| Jaya Basu | Director | 27-Mar-2017 | Current |
Financial Performance of The Friends Tea Co.
The Friends Tea Co Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 0.4% increase. The company also saw a slight decrease in profitability, with a 3.62% decrease in profit. The company's net worth Soared by an impressive increase of 10.66%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of The Friends Tea Co?
In 2023, The Friends Tea Co had a promoter holding of 93.61% and a public holding of 6.38%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Jalpaiguri Club Company Ltd
Piyush Rahut and Samar Singh are mutual person
- Chel River Tea & Investment Pvt. Ltd.
Jaya Basu is a mutual person
- Lemur Vanijya Pvt Ltd
Jaya Basu is a mutual person
Charges (Loans)
Open Charges
₹10.12 Cr
Satisfied Charges
₹2.22 Cr
Charges Breakdown by Lending Institutions
- Others : 10.12 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 May 2024 | Others | ₹8.00 M | Open |
| 26 Mar 2024 | Others | ₹2.50 Cr | Open |
| 08 Aug 2023 | Others | ₹5.00 M | Open |
| 11 Jan 2000 | Others | ₹6.32 Cr | Open |
| 27 Apr 2022 | Others | ₹1.61 Cr | Satisfied |
How Many Employees Work at The Friends Tea Co?
The Friends Tea Co has a workforce of 599 employees as of Mar 28, 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 The Friends Tea Co, 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 The Friends Tea Co'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 The Friends Tea Co
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 0.80 Cr with Charge ID 100929377 was registered on 22 May 2024.
- Charges
A charge registered on 28 May 2010 via Charge ID 10225063 with Tea Board was fully satisfied on 12 Apr 2024.
- Charges
A charge registered on 28 May 2009 via Charge ID 10260351 with Tea Board was fully satisfied on 12 Apr 2024.
- Charges
A charge registered on 01 Jul 2008 via Charge ID 10260361 with Tea Board was fully satisfied on 12 Apr 2024.
- Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100892318 was registered on 26 Mar 2024.
- Charges
A charge registered on 27 Apr 2022 via Charge ID 100585597 with Others was fully satisfied on 20 Mar 2024.
Frequently asked questions
What is the Incorporation or founding date of The Friends Tea Co Ltd?
The Friends Tea Co Ltd was incorporated on 12 Nov 1912.
What is authorized share capital and paid-up capital of The Friends Tea Co Ltd?
The authorized share capital of The Friends Tea Co Ltd is ₹ 2.00 Cr and paid-up capital is ₹ 9.50 M.
Who are the current board members & directors of The Friends Tea Co Ltd?
Currently 5 directors are associated with The Friends Tea Co Ltd.
- Piyush Kanti Rahut
- Salil Banerjee
- Samar Singh
- Ajoy Kumar Basu
- Jaya Basu
What is the registered address of The Friends Tea Co Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of The Friends Tea Co Ltd is Rahut Building Babupara India, Jalpaiguri, West Bengal, 735101.
What is the corporate identification number (CIN) and company number of The Friends Tea Co Ltd?
The corporate identification number (CIN) of The Friends Tea Co Ltd is U15491WB1912PLC002304 and the company number is 002304 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for The Friends Tea Co Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for The Friends Tea Co Ltd has risen by 0.40%.
How many employees does The Friends Tea Co Ltd currently have?
As Per 2023 financial reports, 599 employees are currently employed by The Friends Tea Co Ltd.
What change has been observed in the net worth of The Friends Tea Co Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of The Friends Tea Co Ltd has experienced an upsurge of 10.66%.
What are the total open charges for The Friends Tea Co Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for The Friends Tea Co Ltd amount to ₹ 10.12 Cr.
When was the last Balance Sheet of The Friends Tea Co Ltd filed with the ROC?
The most recent Balance Sheet for The Friends Tea Co Ltd was filed with the ROC on 31 Mar 2023.
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