Favo Hardware Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 10 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.60 Cr
- Satisfied Charges ₹ 2.50 M
- Revenue Growth 45.31%
- Profit Growth 7.17%
- Ebitda 28.51%
- Net Worth 35.23%
- Total Assets 55.80%
About Favo Hardware
Favo Hardware Private Limited (FHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 September 2014 and has a history of Ten years and seven months. Its registered office is in Kamrup, Assam, India.
The Corporate was formerly known as One Touch Business Solutions Private Limited. The Company is engaged in the Media And Publishing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹2.60 Cr. The company has closed loans amounting to ₹2.50 M, as per Ministry of Corporate Affairs (MCA) records.
Nitin Agarwalla, Nitesh Agarwal, Suman Agarwala, and One other member serve as directors at the Company.
Company Details
- Location
Kamrup, Assam, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999AS2014PTC011946
- Company No.
011946
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Sep 2014
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Shillong
Industry
Media and Publishing
Business Outsourcing
What products or services does Favo Hardware Private Limited offer?
Favo Hardware Private Limited offers a wide range of products and services, including Door, Window Handles & Knockers, Door Handles, Door & Window, Hinges & Fittings, Brass Hinges, Brackets, Holder & Hardware Fittings, Metal Channels, Tower Bolts, Adhesive & Pressure Sensitive Tapes, Stationery Tape, Drawer Hardware.
Favo Hardware Private Limited
Explore comprehensive data for Favo Hardware Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Favo Hardware?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Megha Agarwal  | Director | 02-Feb-2018 | Current |
| Nitin Agarwalla | Director | 22-Sep-2014 | Current |
| Nitesh Agarwal | Director | 12-Mar-2022 | Current |
| Suman Agarwala | Director | 22-Sep-2014 | Current |
Financial Performance of Favo Hardware.
Favo Hardware Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.31% increase. The company also saw a slight improvement in profitability, with a 7.17% increase in profit. The company's net worth Soared by an impressive increase of 35.23%.
- 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 Favo Hardware?
In 2023, Favo Hardware had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹26.00 M
Satisfied Charges
₹2.50 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 2.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jun 2023 | Hdfc Bank Limited | ₹1.80 Cr | Open |
| 10 Aug 2022 | Hdfc Bank Limited | ₹8.00 M | Open |
| 11 Mar 2021 | North Eastern Development Finance Corporation Limited | ₹2.50 M | Satisfied |
How Many Employees Work at Favo Hardware?
Unlock and access historical data on people associated with Favo Hardware, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Favo Hardware, 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 Favo Hardware'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 Favo Hardware
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited of Rs. 18.00 M registered on 12 Jun 2023 with Charge ID 100771746 was modified on 13 Nov 2024.
- Annual General Meeting
Favo Hardware Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Favo Hardware Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Shillong.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 18.00 M with Charge ID 100771746 was registered on 12 Jun 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 8.00 M with Charge ID 100611692 was registered on 10 Aug 2022.
- Charges
A charge registered on 11 Mar 2021 via Charge ID 100424246 with North Eastern Development Finance Corporation Limited was fully satisfied on 19 May 2022.
Frequently asked questions
What is the Incorporation or founding date of Favo Hardware Private Limited?
Favo Hardware Private Limited was incorporated on 22 Sep 2014.
What is authorized share capital and paid-up capital of Favo Hardware Private Limited?
The authorized share capital of Favo Hardware Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.
Who are the current board members & directors of Favo Hardware Private Limited?
Currently 4 directors are associated with Favo Hardware Private Limited.
- Nitin Kumar Agarwalla
- Nitesh Agarwal
- Suman Devi Agarwala
- Megha Agarwal
What is the registered address of Favo Hardware Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Favo Hardware Private Limited is Ground Floor Mayur Gardens Opp. Hdfc Bank, G.S. Road India, Guwahati, Assam, 781005.
What is the corporate identification number (CIN) and company number of Favo Hardware Private Limited?
The corporate identification number (CIN) of Favo Hardware Private Limited is U74999AS2014PTC011946 and the company number is 011946 as per Ministry of Corporate Affairs (MCA).
What is the official website of Favo Hardware Private Limited?
The Official website of Favo Hardware Private Limited is https://www.onetouchsms.in
What has been the recent revenue trend for Favo Hardware Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Favo Hardware Private Limited has risen by 45.31%.
What change has been observed in the net worth of Favo Hardware Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Favo Hardware Private Limited has experienced an upsurge of 35.23%.
What are the total open charges for Favo Hardware Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Favo Hardware Private Limited amount to ₹ 2.60 Cr.
When was the last Balance Sheet of Favo Hardware Private Limited filed with the ROC?
The most recent Balance Sheet for Favo Hardware Private Limited was filed with the ROC on 31 Mar 2024.
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