About Flash Viven Machining Technologies Private Limited
Data last updated:
Flash Viven Machining Technologies Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Flash Electronics (India) Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the auto parts and components segment of the automotive sector. It was incorporated on 02 August 2013.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U29253DL2013PTC256198. Its GSTIN is 27AACCF2777Q1ZY (Maharashtra).
The company had an authorised share capital of ₹60 Cr and a paid-up capital of ₹35 Cr. It was led by directors including Sanjeev Vasdev (Managing Director) and Sanjay Vidhyadhar Deshpande (Whole-Time Director).
Its last annual general meeting (AGM) was held on 20 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 202 Western Avenue Sainik Farms, New Delhi, Delhi, India – 110062.
As per the financials filed for FY 2024, the company reported a revenue of ₹299.66 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹13.02 Cr (net margin 4.3%) and EBITDA of ₹41.15 Cr (EBITDA margin 13.7%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 12% over five years.
The company had about 321 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Flash Group. As per MCA filings, the company had open charges of ₹173.32 Cr and satisfied charges of ₹121.5 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 4 cases are pending. The company has 6 deals on record (4 rights issues, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹15 Cr; the latest was in March 2019. The company has 8 MSME Form 1 returns on record between 2020 and 2023, listing 591 overdue payments to 204 micro and small suppliers.
The last known website on record is flashgroup.in.
Company details
Contact details
Flash Viven Machining Technologies Private Limited's registered office is in New Delhi, Delhi. Its website is flashgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address202 Western Avenue Sainik Farms, New Delhi, Delhi, India – 110062
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Flash Viven Machining Technologies 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
Brands
Flash Viven Machining Technologies operates one associated brand: Flash Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of major auto components to automotive OEMs | flashgroup.in |
Business activity
The main business activity of Flash Viven Machining Technologies is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Flash Viven Machining Technologies Private Limited, buy the company report.
Financials of Flash Viven Machining Technologies Private Limited
FY 2024 filings availableFlash Viven Machining Technologies Private Limited reported revenue of ₹299.66 Cr (down 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 2% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹41.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.02 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.7% | ||||
| Net Profit Margin | 4.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Flash Viven Machining Technologies Private Limited, buy the company report.
Board of directors and KMP of Flash Viven Machining Technologies Private Limited
Flash Viven Machining Technologies Private Limited currently reports 4 directors and 1 key managerial person. 5 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Vasdev Also directs: Flash Transval Limited, Flash Capital Private Limited, Bobson Capital Private Limited and 1 more | Managing Director | 02 Aug 2013 | 13 Years 3 Months | As last reported |
| Parmeet Vasdev Also directs: Flash Transval Limited, Flashtek Machining Private Limited | Director | 07 Mar 2015 | 11 Years 8 Months | As last reported |
| Ashok Kumar Also directs: Khindha Tech Private Limited | Company Secretary | 10 Aug 2021 | 5 Years 2 Months | As last reported |
| Narinder Paul Kathuria Also directs: Eskay Electronics India Pvt Ltd | Director | 07 Mar 2015 | 11 Years 8 Months | As last reported |
| Sanjay Vidhyadhar Deshpande Also directs: Flash Electronics (India) Private Limited | Whole-Time Director | 27 Sep 2023 | 3 Years 1 Months | As last reported |
Auditor
Flash Viven Machining Technologies Private Limited is audited by Mska & Associates for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mska & Associates | FY 2021 | 105047W |
Shareholding
The shareholding of Flash Viven Machining Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Flash Viven Machining Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jan 2017 | 100082312 | Others | ₹5 Cr | Satisfied | |
| 21 Apr 2016 | 100044192 | Others | ₹25 Cr | Satisfied | |
| 11 Mar 2015 | 10560583 | Hdfc Bank Limited | ₹91.5 Cr | Satisfied |
To see the full charge records of Flash Viven Machining Technologies Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Flash Viven Machining Technologies Private Limited has 6 deals on record (4 rights issues, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹15 Cr; the latest was in March 2019.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Flash Electronics (India) Private Limited Seller: 3 individuals |
| Jul 2018 | Rights issue | ₹5 Cr | Investors: Flash Electronics (India) Private Limited |
| Aug 2016 | Rights issue | ₹14.18 Cr | Investors: Flash Electronics (India) Private Limited , 3 individuals |
| Mar 2016 | Rights issue | ₹4.35 Cr | Investors: Flash Electronics (India) Private Limited , an individual |
| Apr 2014 | Rights issue | ₹11.46 Cr | Investors: Flash Electronics (India) Private Limited , 2 individuals |
To see the full deal history of Flash Viven Machining 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
Flash Viven Machining Technologies Private Limited has 6 court cases on record: 2 filed by Flash Viven Machining Technologies, 4 filed against it. 4 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 4 | 4 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by Premium Motion Private Limited | Pending |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed by the company against Premium Motion Private Limited | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S Zamil Steel Buildings India Pvt Ltd Through Pankaj Tahiliani and 1 other | Pending |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed by the company against Premium Motion Private Limited | Disposed |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by Premium Motion Private Limited | Disposed |
To see the full case history of Flash Viven Machining 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.
Credit ratings & regulatory alerts
Flash Viven Machining Technologies Private Limited was last rated by Care on 07 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 07 Mar 2022 |
To see the full credit ratings and regulatory alerts of Flash Viven Machining Technologies Private Limited, buy the company report.
MSME payment delays
Flash Viven Machining Technologies Private Limited has 8 MSME Form 1 returns on record between 2020 and 2023, listing 591 overdue payments to 204 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 204)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Litel Infra-Red Systems Private Limited | |||
| an individual supplier | |||
| Dinanath Precision Clampings | |||
| Swami Samarth Polyfilm Industries Private Limited | |||
| Sovereign Tech Engineering Services Pvt Ltd |
To see the full MSME payment records of Flash Viven Machining Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Flash Viven Machining Technologies Private Limited has a workforce of 321 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Flash Viven Machining Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCF2777Q1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Flash Viven Machining Technologies Private Limited, buy the company report.
Recent activity
Flash Viven Machining Technologies Private Limited has 9 board changes on record since 2013: 5 appointments and 4 cessations. The latest: Sanjay Vidhyadhar Deshpande was appointed as Whole-Time Director on 27 Sep 2023.
6 earlier events are in the company report.
News
Frequently asked questions
Flash Viven Machining Technologies 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.
Flash Viven Machining Technologies was a private limited company based in New Delhi, Delhi, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 02 August 2013 and is registered under CIN U29253DL2013PTC256198. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Flash Viven Machining Technologies was incorporated on 02 August 2013. It is registered with the Registrar of Companies, Delhi.
Flash Viven Machining Technologies had 5 directors and KMP:
- Sanjeev Vasdev - Managing Director
- Sanjay Vidhyadhar Deshpande - Whole-Time Director
- Parmeet Vasdev - Director
- Narinder Paul Kathuria - Director
- Ashok Kumar - Company Secretary
The CIN (Corporate Identification Number) of Flash Viven Machining Technologies is U29253DL2013PTC256198. 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 Flash Viven Machining Technologies is at 202 Western Avenue Sainik Farms, New Delhi, Delhi, India – 110062.
Flash Viven Machining Technologies can be reached through the website flashgroup.in. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Flash Viven Machining Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 20 August 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Flash Viven Machining Technologies is 27AACCF2777Q1ZY, registered in Maharashtra.
Flash Viven Machining Technologies operated in the automotive industry, in the auto parts and components segment.
Flash Viven Machining Technologies has 6 deals on record (4 rights issues, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹15 Cr; the latest was in March 2019.
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