Flareum Technologies Private Limited
About Flareum Technologies Private Limited
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Flareum Technologies Private Limited is a private limited company based in Valsad, Gujarat, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 16 October 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40109GJ1998PTC034860.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.28 Lakh. It was formerly known as Flareum Solar Technologies Private Limited and Gadhia Solar Energy Systems Private Limited. It is led by directors Jyostna Bhupatrai Shah and Badal Bhupatrai Shah.
Its last annual general meeting (AGM) was held on 29 September 2012, and its latest financial statements are for the year ended 31 March 2012. The registered office is at Plot No 86 GIDC Gundlav Dist – Valsad, Gujarat, India – 396035.
The company is associated with 1 brand: Flareum Technologies. As per MCA filings, the company has open charges of ₹140 Cr and satisfied charges of ₹8.6 Cr on record. Court records list 70 cases involving the company, including 2 filed by the company and 68 filed against it; 4 cases are pending. The company has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹36.42 Cr; the latest was in October 2011.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Name history
Flareum Technologies has undergone 2 name changes throughout its history. The company was previously known as Flareum Solar Technologies Private Limited, and Gadhia Solar Energy Systems Private Limited. The current legal name is Flareum Technologies Private Limited.
| Company Name | Status |
|---|---|
| Flareum Technologies Private Limited | Current |
| Flareum Solar Technologies Private Limited | Previous |
| Gadhia Solar Energy Systems Private Limited | Previous |
Contact details
Flareum Technologies Private Limited's registered office is in Valsad, Gujarat.
- Registered AddressPlot No 86 GIDC Gundlav Dist – Valsad, Gujarat, India – 396035
- IndustryEnvironment, Solar Energy Solutions
- 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
Brands
Flareum Technologies operates one associated brand: Flareum Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops solar thermal technologies for sustainable energy solutions. | flareum.com |
Financials of Flareum Technologies Private Limited
FY 2012 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Flareum Technologies Private Limited, buy the company report.
Board of directors of Flareum Technologies Private Limited
Flareum Technologies has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyostna Bhupatrai Shah Also directs: Ariana Softech Private Limited | Director | 15 Jun 2009 | 17 Years 4 Months | Current |
| Badal Bhupatrai Shah Also directs: Ariana Softech Private Limited | Director | 31 Mar 2008 | 18 Years 6 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Mar 2011 | 10290004 | Edelweiss Asset Reconstruction Company Limited | ₹70 Cr | Open | |
| 11 Mar 2011 | 10289560 | Edelweiss Asset Reconstruction Company Limited | ₹70 Cr | Open | |
| 15 Apr 2010 | 10221458 | Indian Overseas Bank | ₹2.35 Cr | Satisfied | |
| 03 Feb 2010 | 10209077 | Indian Overseas Bank | ₹5.35 Cr | Satisfied | |
| 30 Dec 2004 | 90105471 | Indusind Bank Ltd. | ₹90 Lakh | Satisfied |
To see the full charge records of Flareum Technologies Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Flareum Technologies Private Limited has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹36.42 Cr; the latest was in October 2011.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2011 | Funding round | ₹31.5 Cr | Investors: Zephyr Peacock India |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: Enion Management Private Limited Seller: 3 individuals |
| Mar 2011 | Funding round | ₹1.36 Cr | Investors: an individual |
| Mar 2010 | Funding round | ₹32 Lakh | Investors: an individual |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Flareum Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Flareum Technologies Private Limited has 70 court cases on record: 2 filed by Flareum Technologies, 68 filed against it. 4 cases are pending and 66 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 63 | 63 | 1 |
| High courts | 7 | 5 | 3 |
Cases on record (5 of 70)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (OLR) | Filed by the company against Edelweiss Asset Reconstruction Company Ltd. and 3 others | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Axis Bank Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Naaptol Online Shopping Pvt. Ltd. | Pending |
| Bombay High Court | Court case (COMEX) | Filed against the company by M/S. Shriram City Union Finance Ltd | Pending |
| District court, South West, Delhi | Criminal case | Filed against the company by Religare Finvest Limited | Disposed |
To see the full case history of Flareum Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Flareum Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Flareum Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Flareum Technologies Private Limited has 9 board changes on record since 2008: 2 appointments and 7 cessations. The latest: Mukul Gulati ceased to be Additional Director on 05 Jul 2012.
12 earlier events are in the company report.
Frequently asked questions
Flareum Technologies is an active private limited company based in Valsad, Gujarat, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 16 October 1998 (28+ years old) and is registered under CIN U40109GJ1998PTC034860.
Flareum Technologies has 2 current directors:
- Jyostna Bhupatrai Shah - Director
- Badal Bhupatrai Shah - Director
The latest financial statements of Flareum Technologies on record with the MCA are for the year ended 31 March 2012. Its last annual general meeting was held on 29 September 2012. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Flareum Technologies is U40109GJ1998PTC034860. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flareum Technologies has 70 court cases on record: 2 filed by the company and 68 filed against it. 4 are pending. Most are in the district courts.
Flareum Technologies was incorporated on 16 October 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Flareum Technologies has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹36.42 Cr; the latest was in October 2011.
Mukul Gulati ceased to be Additional Director on 05 Jul 2012. Sachin Maheshwari ceased to be Additional Director on 05 Jul 2012. Pranav Ravindrarai Mehta ceased to be Director on 08 Dec 2009. Flareum Technologies has 9 board changes on record in total.
The registered office of Flareum Technologies is at Plot No 86 GIDC Gundlav Dist – Valsad, Gujarat, India – 396035.
Flareum Technologies operates in the environment industry, in the solar energy solutions segment.