Faradays Industries Private Limited - Company Profile

It is a travel and hospitality private limited company based in Chandigarh, Chandigarh, India, established in 1975.
1975 Chandigarh, Chandigarh, India Active
Last Updated:
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About Faradays Industries Private Limited

Faradays Industries Private Limited, a active private limited company, was established on 03 April 1975 in Chandigarh, Chandigarh, India. Engaging in hotel & accommodation services within the travel and hospitality sector, it holds CIN: U55101CH1975PTC003550. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹1.25 Cr.

Formerly known as Faradays Engineering Industries Pvt Ltd. It upholds a compliant status. Its leadership includes Prem Pal Gandhi (Director), Hitesh Gandhi (Director), Surinder Pal (Additional Director). Past directors included Prem Pal Gandhi, Hitesh Gandhi, Satinder Dhawan. It holds ₹48.88 Cr open charges and ₹20.53 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at S.C.O. 377-380 Sector 35B, Chandigarh, Chandigarh, 160035.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U55101CH1975PTC003550

  • Registration Number

    003550

  • Incorporation Date

    03 April 1975

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹1.25 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.25 Cr
  • Company Age 50 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 48.88 Cr
  • Satisfied Charges ₹ 20.53 Cr
  • Revenue Growth **** %
  • Profit Growth **** -1468.00%
  • Ebitda **** -1468.00%
  • Net Worth -0.00%
  • Total Assets -0.13%
Company report

Faradays Industries Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Faradays Industries Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Faradays Industries Private Limited?
Current Directors
Name Designation Appointment Date Status
Prem Pal Gandhi Director 15 Sep 2008 Current
Hitesh Gandhi Director 15 Sep 2008 Current
Surinder Pal Additional Director 01 Aug 2023 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2008 Past
Pramod Abcsdd Additional Director 30 Sep 2008 Past
Pramod Abcsdd Director 16 Sep 2008 Past
Pramod Abcsdd Managing Director 07 Jul 2010 Past

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Financial Performance of Faradays Industries.

Faradays Industries Private Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 1468% decrease in profit. The company's net worth witnessed no change by increase of -0%.

Faradays Industries revenue growth over time
Faradays Industries profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
*******
*******
*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -0.13%
*******
*******
*******
*******
Profit or Loss
*******
 -1468.00%
*******
*******
*******
*******
Net Worth
*******
 -0.00%
*******
*******
*******
*******
EBITDA
*******
 -1468.00%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Faradays Industries?

In 2021, Faradays Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹488,800,000.00

Satisfied Charges

₹205,321,000.00

Charges Breakdown by Lending Institutions
  • Phoenix Arc Private Limited : 48.88 Cr
Latest Charge Details
Date Lender Amount Status
16 Dec 2010 Phoenix Arc Private Limited ₹48.88 Cr Open
28 Sep 2001 Oriental Bank Of Commerce ₹3.21 Cr Satisfied
28 Sep 2001 Oriental Bank Of Commerce ₹1.86 Cr Satisfied
21 Oct 2000 Oriental Bank Of Commerce ₹1.25 Cr Satisfied
02 Aug 1999 Oriental Bank Of Commerce ₹7.50 M Satisfied

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How Many Employees Work at Faradays Industries?

Unlock and access historical data on people associated with Faradays Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Faradays Industries, 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 Faradays Industries's trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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.

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Latest Updates, News, and FAQs on Faradays Industries
Recent Activity within the Organization
  • Annual General Meeting

    The activity Faradays Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Faradays Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was documented.

  • Director Appointment

    Progress on Surinder Pal was appointed as a Additional Director was appointed as a Additional Director on 01 Aug 2023 & has been associated with this company since 2 years 7 months . was documented.

  • Charges

    Progress on A charge with Phoenix Arc Private Limited of Rs. 48.88 Cr registered on 16 Dec 2010 with Charge ID 10259703 was modified on 24 Mar 2015. was documented.

  • Charges

    The activity A charge with Phoenix Arc Private Limited amounted to Rs. 48.88 Cr with Charge ID 10259703 was registered on 16 Dec 2010. was completed.

  • Charges

    Progress on A charge registered on 31 Dec 1985 via Charge ID 90328648 with Delhi Financial Corporation was fully satisfied on 14 Jul 2010. was documented.

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Frequently Asked Questions
What is the CIN of Faradays Industries Private Limited?

The CIN of Faradays Industries Private Limited is U55101CH1975PTC003550.

Where is Faradays Industries Private Limited headquartered?

Faradays Industries Private Limited is headquartered at S.C.O. 377-380 Sector 35B, Chandigarh, Chandigarh, 160035.

When was Faradays Industries Private Limited incorporated?

Faradays Industries Private Limited was incorporated on 03 April 1975.

Who are the current directors of Faradays Industries Private Limited?

The current directors of Faradays Industries Private Limited are

What is the primary industry of Faradays Industries Private Limited?

The primary industry of Faradays Industries Private Limited is Travel And Hospitality.

Is Faradays Industries Private Limited a listed company?

Faradays Industries Private Limited is unlisted.

What is the capital structure of Faradays Industries Private Limited?

The authorized capital of Faradays Industries Private Limited is ₹3.00 Cr, and the paid-up capital is ₹1.25 Cr.

What is the compliance status of Faradays Industries Private Limited?

The compliance status of Faradays Industries Private Limited is Compliant.

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