Favorich Auto Private Limited

Favorich Auto Private Limited - machinery and equipment in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U50401KA2009PTC050722 Incorporated 24 August 2009 ROC Bangalore HQ Bangalore, Karnataka, India
Merged Private Limited Company machinery and equipment
Data last updated
Authorised capital
₹10.57 Cr
Registered with MCA
Paid-up capital
₹76.01 Lakh
Issued & subscribed
Company age
17 yrs
Est. 2009
Directors on board
3
As per MCA filings
GST registrations
1
None active
Last financials
Mar 2016
Balance sheet date
Last AGM
13 Aug 2016
Annual general meeting
Company status
Amalgamated
MCA master data

About Favorich Auto Private Limited

Data last updated:

Favorich Auto Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 24 August 2009.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U50401KA2009PTC050722. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹10.57 Cr and a paid-up capital of ₹76.01 Lakh. It was formerly known as Andromeda Power and Minerals Private Limited. It was led by directors including Cherukuru Jayadev Naidu and Lavanya Jayadev.

Its last annual general meeting (AGM) was held on 13 August 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 45/3 Jd Royallite Tumkur Road Yeshwanthpur, Bangalore, Karnataka, India – 560022.

The last known website on record is favorichindia.com.

Company details

CIN U50401KA2009PTC050722
Registration Number 050722
Incorporation Date 24 August 2009
ROC Bangalore
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 13 August 2016
Date of Balance Sheet 31 March 2016

CIN history

Favorich Auto has one previous CIN (Corporate Identification Number): U40109KA2009PTC050722. The current CIN is U50401KA2009PTC050722, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U50401KA2009PTC050722Current
U40109KA2009PTC050722Previous

Contact details

Favorich Auto Private Limited's registered office is in Bangalore, Karnataka. Its website is favorichindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    45/3 Jd Royallite Tumkur Road Yeshwanthpur, Bangalore, Karnataka, India – 560022
  • Industry
    Machinery and Equipment, Industrial Machinery Retail & Distribution

To see the full contact details of Favorich Auto Private Limited, buy the company report.

Comprehensive company report
Favorich Auto Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Favorich Auto is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Favorich Auto Private Limited, buy the company report.

Financials of Favorich Auto Private Limited

FY 2016 filings available

Financial Statement Summary

MetricsFY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2014-15
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Favorich Auto Private Limited, buy the company report.

Board of directors of Favorich Auto Private Limited

Favorich Auto has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Cherukuru Jayadev NaiduDirector24 Aug 200917 Years 2 MonthsAs last reported
Lavanya JayadevAdditional Director07 Jun 201214 Years 4 MonthsAs last reported
Cherukuru Vishal NaiduAdditional Director21 Jul 201115 Years 3 MonthsAs last reported

Shareholding

The shareholding of Favorich Auto Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Favorich Auto Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Favorich Auto Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Favorich Auto has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Favorich Auto Private Limited, buy the company report.

Recent activity

Favorich Auto Private Limited has 5 board changes on record since 2009: 3 appointments and 2 cessations. The latest: Lavanya Jayadev was appointed as Additional Director on 07 Jun 2012.

AGM
Favorich Auto Private Limited last Annual general meeting of members was held on 13 Aug 2016 as per latest MCA records.
Filing
Favorich Auto Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Bangalore.
Appointed
Lavanya Jayadev was appointed as Additional Director.
Appointed
Cherukuru Vishal Naidu was appointed as Additional Director.
Ceased
Nelakuditi Narahari Rao ceased to be Director.
Ceased
Praveen Chandra Jha ceased to be Director.
Appointed
Cherukuru Jayadev Naidu was appointed as Director.
Incorporation
24 Aug 2009
Favorich Auto Private Limited was registered on 24 Aug 2009 with Roc Bangalore & aged 17 years 2 months as per MCA records.

Frequently asked questions

Favorich Auto has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Favorich Auto was a private limited company based in Bangalore, Karnataka, India. The company worked in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 24 August 2009 and is registered under CIN U50401KA2009PTC050722. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Favorich Auto was incorporated on 24 August 2009. It is registered with the Registrar of Companies, Bangalore.

Favorich Auto had 3 directors:

The CIN (Corporate Identification Number) of Favorich Auto is U50401KA2009PTC050722. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Favorich Auto is at 453 Jd Royallite Tumkur Road Yeshwanthpur, Bangalore, Karnataka, India – 560022.

Favorich Auto can be reached through the website favorichindia.com. Its registered office is in Bangalore, Karnataka, India.

The latest financial statements of Favorich Auto on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 13 August 2016. Year-wise statements from 2015 are in the company report.

No. Favorich Auto has 1 GST registration on record and it is cancelled or inactive.

Favorich Auto operated in the machinery and equipment industry, in the industrial machinery retail and distribution segment.