About
Basic Data Updated:
5 days agoAccording to the credit rating report, Finolex Industries Limited is involved in the production of PVC pipes. The company operates three manufacturing plants, located in Pune and Ratnagiri in Maharashtra, and Masar near Vadodara in Gujarat. Its wide range of products is utilized in various sectors such as agriculture, housing, telecommunications, construction, and industries. Finolex Industries Limited was established in 1981 and its registered office is situated in Pune, Maharashtra.
Industry
Company Details
- Location
Pune, Maharashtra, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
Products or Services related to Finolex Industries Limited
Couplings
Plumbing Traps
Pipe Bushings
Plastic Pipe Cap
Financials of Finolex Industries Limited
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Corporate Structure
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People in Finolex Industries Limited
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Executive Team (2)
Ajit Venkataraman
Managing DirectorAppointment Date: 01-Jun-2023
Status: Current
NK
Niraj Kedia CFOAppointment Date: 20-May-2022
Status: Current
Board Members(9)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Trustee Services Limited Creation Date: 03 Apr 2014 | ₹100.00 Cr | Satisfied |
Central Bank Of India Creation Date: 28 Sep 2012 | ₹100.00 Cr | Satisfied |
Axis Trustee Services Limited Creation Date: 05 Mar 2010 | ₹50.00 Cr | Satisfied |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
67 years 1 month 
Recent activity within the organization
Annual General Meeting
Finolex Industries Limited last Annual general meeting of members was held on 28 Aug 2023 as per latest MCA records.
28 Aug 2023Director Appointment
Ajit Venkataraman was appointed as a Managing Director was appointed as a Managing Director on 01 Jun 2023 & has been associated with this company since 10 months 26 days .
01 Jun 2023Balance Sheet
Finolex Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
31 Mar 2023Director Appointment
Saumya Chakrabarti was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Jun 2022 & has been associated with this company since 1 year 10 months .
01 Jun 2022Charges
A charge registered on 27 Mar 1996 via Charge ID 90084424 with Bank Of India was fully satisfied on 21 Dec 2021.
21 Dec 2021
Recent News, Updates & Announcement
Finolex Pipes reports strong YOY profit improvement backed by improved operating matrices.Punekar News 22 Oct 2023
- Finolex Industries Q2 FY24 financial results Key takeaways and analysis.
Business News Today 22 Oct 2023
- Finolex Industries Strong Profit Growth Despite PVC Price Drop Ready to Capitalize on Increasing Demand for Pipes in Recovering Economy.
Finolex Industries Making PVC pipes and fittings in India since forever Just announced 10 increase in profit despite PVC price drop Strong margins volume growth and liquidity Total revenue slightly lower but EBITDA up by 21 PVC Pipes Fittings volume up by 28 PVC Resin volume down by 27 Strong balance sheet with Rs 1650 Cr cash Chairman says economy recovering demand for pipes increasing Finolex Pipes ready to take advantage BossMoves PVCproud FinolexIndustries.
mint 20 Jul 2023
- Finolex Industries declines 6 after net profit slumps 66.
Moneycontrol 23 May 2023
- Finolex Industries commences commercial operations of PVC fittings at new facility in Pune.
Business Standard 13 Mar 2023
Frequently asked questions
What is the Incorporation or founding date of Finolex Industries Limited?
