Fi-Tech Chemechtron Private Limited
About Fi-Tech Chemechtron Private Limited
Data last updated:
Fi-Tech Chemechtron Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 13 July 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25209KA1989PTC010247. Its GSTIN is 29AAACF2411M1ZP (Karnataka).
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹47.34 Lakh. It is led by directors Bangalore Jairam Amrutha and Bangalore Jairam Padmavathy.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at #109/44/11 2nd Main Roadrajajinagar Indl Town Rajajinagar, Bangalore, Karnataka, India – 560044.
As per the financials filed for FY 2020, the company reported a revenue of ₹10.91 Lakh, a decline of 43% compared to the previous year. For the same year it recorded a net loss of ₹3.8 Lakh (net margin -34.9%) and EBITDA of ₹73,121 (EBITDA margin 6.7%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 40% over five years.
As per MCA filings, the company has open charges of ₹12 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Fi-Tech Chemechtron Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address#109/44/11 2nd Main Roadrajajinagar Indl Town Rajajinagar, Bangalore, Karnataka, India – 560044
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Fi-Tech Chemechtron Private Limited, buy the company report.
- 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
Business activity
The main business activity of Fi-Tech Chemechtron is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Fi-Tech Chemechtron Private Limited, buy the company report.
Financials of Fi-Tech Chemechtron Private Limited
FY 2020 filings availableFi-Tech Chemechtron Private Limited reported revenue of ₹10.91 Lakh (down 43% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 40% over five years, including a 43% fall in the latest year. EBITDA rose 110% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | ₹73,121 | ||||
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| Net Profit (PAT) | -₹3.8 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA Margin | 6.7% | ||||
| Net Profit Margin | -34.9% | ||||
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To see the full financial statements and ratios of Fi-Tech Chemechtron Private Limited, buy the company report.
Board of directors of Fi-Tech Chemechtron Private Limited
Fi-Tech Chemechtron has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bangalore Jairam Amrutha | Director | 01 Jan 2006 | 20 Years 9 Months | Current |
| Bangalore Jairam Padmavathy | Director | 31 Jul 2003 | 23 Years 2 Months | Current |
Auditor
Fi-Tech Chemechtron Private Limited is audited by M A NARASIMHAN & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M A NARASIMHAN & CO | FY 2017 | 002347S |
Shareholding
The shareholding of Fi-Tech Chemechtron Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Fi-Tech Chemechtron Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Apr 1998 | 90191941 | Canara Bank | ₹5 Lakh | Open | |
| 17 Mar 1995 | 90191396 | State Bank of India | ₹7 Lakh | Open |
To see the full charge records of Fi-Tech Chemechtron Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Fi-Tech Chemechtron Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fi-Tech Chemechtron Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fi-Tech Chemechtron has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACF2411M1ZP | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fi-Tech Chemechtron Private Limited, buy the company report.
Recent activity
Fi-Tech Chemechtron Private Limited has 5 board changes on record since 2003: 2 appointments and 3 cessations. The latest: Ashok Srinivas Naik ceased to be Director on 28 May 2020.
Frequently asked questions
Fi-Tech Chemechtron is an active private limited company based in Bangalore, Karnataka, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 13 July 1989 (37+ years old) and is registered under CIN U25209KA1989PTC010247.
Fi-Tech Chemechtron has 2 current directors:
- Bangalore Jairam Amrutha - Director
- Bangalore Jairam Padmavathy - Director
The latest financial statements of Fi-Tech Chemechtron on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Fi-Tech Chemechtron is 29AAACF2411M1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Fi-Tech Chemechtron is U25209KA1989PTC010247. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fi-Tech Chemechtron was incorporated on 13 July 1989, making it 37+ years old. It is registered with the Registrar of Companies, Bangalore.
Ashok Srinivas Naik ceased to be Director on 28 May 2020. Harini Ashok ceased to be Director on 28 May 2020. Uchil Yashodhar ceased to be Director on 26 Sep 2007. Fi-Tech Chemechtron has 5 board changes on record in total.
The registered office of Fi-Tech Chemechtron is at #1094411 2nd Main Roadrajajinagar Indl Town Rajajinagar, Bangalore, Karnataka, India – 560044.
Fi-Tech Chemechtron operates in the healthcare industry, in the medical and laboratory equipment segment.
Fi-Tech Chemechtron has open charges of ₹12 Lakh and no satisfied charges on record as per latest MCA filings.