Festo India Private Limited, a active private limited company, was established on 03 February 1986 in Bangalore, Karnataka, India. Engaging in electronic components & equipment manufacturing within the manufacturing sector, it holds CIN: U29220KA1986PTC007449. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹2.75 Cr.
Formerly known as Festo Controls Limited, Festo Controls Private Limited. It upholds a compliant status. Employing 699 professional, Its leadership includes Sebastian Mathias Beck (Director), Sudarsan Varadaraj (Director), Ravi Krishna Sastry (Managing Director). Past directors included Ulrich Friedrich Walker, Michael Molleken, Ashok Koipurathu Kizhakathil. It holds no open charges and ₹5.45 Cr settled loans. Its latest AGM occurred on 26 September 2024, with the balance sheet filed on 31 March 2024. It is based at No.237B, Bommasandra Indl. Area, Anekal Taluk,, Bangalore, Karnataka, 560099.
U29220KA1986PTC007449
007449
03 February 1986
₹10.00 Cr
₹2.75 Cr
Roc Bangalore
Unlisted
Active
Explore comprehensive insights into Festo India 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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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sebastian Mathias Beck | Director | 05 Jun 2017 | Current |
| Sudarsan Varadaraj | Director | 16 Apr 2000 | Current |
| Ravi Krishna Sastry | Managing Director | 01 Jan 2025 | Current |
| Varadharajan Mohankumar | Whole-Time Director | 13 Jan 2025 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 31 Mar 2010 | Past |
| Pramod Abcsdd | Additional Director | 29 Sep 2010 | Past |
| Pramod Abcsdd | Managing Director | 30 Apr 2019 | Past |
| Pramod Abcsdd | Director | 01 Dec 2016 | Past |
| Pramod Abcsdd | Managing Director | 31 Mar 2019 | Past |
| Pramod Abcsdd | Director | 28 Nov 2016 | Past |
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Festo India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 35.64% increase. The company also saw a substantial improvement in profitability, with a 98.69% increase in profit. The company's net worth moved up by a moderate rise of 7.34%.
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In 2023, Festo 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.
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₹0
₹54,500,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Aug 2015 | The Hongkong And Shanghai Banking Corporation Limited | ₹4.50 Cr | Satisfied |
| 06 Feb 1992 | The Vysya Bank Ltd | ₹6.00 M | Satisfied |
| 27 Jan 1989 | The Vysya Bank Ltd | ₹0.30 M | Satisfied |
| 27 Feb 1987 | The Vysya Bank Ltd | ₹2.20 M | Satisfied |
| 04 Jul 1986 | The Vysya Bank Ltd | ₹1.00 M | Satisfied |
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Festo India has a workforce of 699 employees as of Aug 01, 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.
Gain comprehensive insights into the Deals and Valuation data of Festo 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 Festo India's trajectory.
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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.
Varadharajan Mohankumar was appointed as a Whole-time director was appointed as a Whole-time director on 13 Jan 2025 & has been associated with this company since 10 months 18 days . was recorded as a recent event.
Ravi Krishna Sastry was appointed as a Managing Director was appointed as a Managing Director on 01 Jan 2025 & has been associated with this company since 11 months . was recorded as a recent event.
Festo India Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records. was recorded as a recent event.
The activity Festo India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.
A charge registered on 26 Aug 2015 via Charge ID 10590920 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 08 Sep 2022. was recorded as a recent event.
The activity Sebastian Mathias Beck was appointed as a Director was appointed as a Director on 05 Jun 2017 & has been associated with this company since 8 years 5 months . was completed.
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The CIN of Festo India Private Limited is U29220KA1986PTC007449.
Festo India Private Limited is headquartered at No.237B, Bommasandra Indl. Area, Anekal Taluk,, Bangalore, Karnataka, 560099.
Festo India Private Limited was incorporated on 03 February 1986.
The current directors of Festo India Private Limited are
The primary industry of Festo India Private Limited is Manufacturing.
Festo India Private Limited is unlisted.
The authorized capital of Festo India Private Limited is ₹10.00 Cr, and the paid-up capital is ₹2.75 Cr.
The compliance status of Festo India Private Limited is Compliant.
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