Formosa Synthetics Private Limited Company Logo

Formosa Synthetics Private Limited - Company Profile

It is a packaging private limited company based in Bangalore, Karnataka, India, established in 2010.

2010 | Bangalore, Karnataka, India | Active
Last Updated:

About Formosa Synthetics Private Limited

Formosa Synthetics Private Limited, a active private limited company, was established on 18 May 2010 in Bangalore, Karnataka, India. Engaging in woven packaging products within the manufacturing sector, it holds CIN: U24233KA2010PTC053708. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹1.15 M.

It upholds a compliant status. Employing 11 professional, Its leadership includes Ashish Goenka (Director), Saurabh Saraf (Director). Past directors included Santosh Saraf, Murli Manohar Saraf. It holds ₹68.38 Cr open charges and ₹6.64 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Saraswati Nilaya, No. 747/42, 5Th Main Road, 4Th Cross, Vijayanagar, Bangalore, Karnataka, 560040.

Company Details

  • CIN/LLPIN

    U24233KA2010PTC053708

  • Registration Number

    053708

  • Incorporation Date

    18 May 2010

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹1.15 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.15 M
  • Company Age 15 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 68.38 Cr
  • Satisfied Charges ₹ 6.64 Cr
  • Revenue Growth 3.58%
  • Profit Growth -65.90%
  • Ebitda -19.18%
  • Net Worth 8.73%
  • Total Assets 5.31%
Company report

Formosa Synthetics Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Formosa Synthetics 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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Who are the key members and board of directors at Formosa Synthetics Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Ashish GoenkaDirector22 Aug 2018Current
Saurabh SarafDirector22 Aug 2018Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector24 Aug 2018Past
Pramod AbcsddDirector24 Aug 2018Past

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Financial Performance of Formosa Synthetics.

Formosa Synthetics Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.58% increase. The company also saw a substantial fall in profitability, with a 65.9% decrease in profit. The company's net worth moved up by a moderate rise of 8.73%.

Formosa Synthetics revenue growth over time
Formosa Synthetics profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
3.58%
Revenue from Operations
3.34%
Total Assets
5.31%
Profit or Loss
-65.90%
Net Worth
8.73%
EBITDA
-19.18%

What is the Ownership and Shareholding Structure of Formosa Synthetics?

In 2023, Formosa Synthetics had a promoter holding of 95.65% and a public holding of 4.34%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹683,800,000.00

Satisfied Charges

₹66,400,000.00

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 62.57 Cr
  • State Bank Of India : 5.81 Cr

Latest Charge Details

DateLenderAmountStatus
25 Apr 2022State Bank Of India₹5.81 CrOpen
11 Mar 2022Axis Bank Limited₹62.57 CrOpen
20 Mar 2017State Bank Of India₹4.91 CrSatisfied
07 Sep 2015Hdfc Bank Limited₹7.00 MSatisfied
30 Mar 2012The South Indian Bank Limited₹1.03 CrSatisfied

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How Many Employees Work at Formosa Synthetics?

Formosa Synthetics has a workforce of 11 employees as of Mar 29, 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.

Employee growth trends for Formosa Synthetics Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Formosa Synthetics, 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 Formosa Synthetics's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

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.

Latest Updates, News, and FAQs on Formosa Synthetics

Recent Activity within the Organization

  • Charges

    Progress on A charge with Axis Bank Limited of Rs. 625.70 M registered on 11 Mar 2022 with Charge ID 100556363 was modified on 18 Apr 2025. was documented.

  • Annual General Meeting

    Progress on Formosa Synthetics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Formosa Synthetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Charges

    Progress on A charge with State Bank Of India amounted to Rs. 58.10 M with Charge ID 100563812 was registered on 25 Apr 2022. was documented.

  • Charges

    The activity A charge registered on 20 Mar 2017 via Charge ID 100119537 with State Bank Of India was fully satisfied on 24 Mar 2022. was completed.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 625.70 M with Charge ID 100556363 was registered on 11 Mar 2022. was documented.

Frequently Asked Questions

  • What is the CIN of Formosa Synthetics Private Limited?

    The CIN of Formosa Synthetics Private Limited is U24233KA2010PTC053708.

  • Where is Formosa Synthetics Private Limited headquartered?

    Formosa Synthetics Private Limited is headquartered at Saraswati Nilaya, No. 747/42, 5Th Main Road, 4Th Cross, Vijayanagar, Bangalore, Karnataka, 560040.

  • When was Formosa Synthetics Private Limited incorporated?

    Formosa Synthetics Private Limited was incorporated on 18 May 2010.

  • Who are the current directors of Formosa Synthetics Private Limited?

    The current directors of Formosa Synthetics Private Limited are

  • What is the primary industry of Formosa Synthetics Private Limited?

    The primary industry of Formosa Synthetics Private Limited is Manufacturing.

  • Is Formosa Synthetics Private Limited a listed company?

    Formosa Synthetics Private Limited is unlisted.

  • What is the capital structure of Formosa Synthetics Private Limited?

    The authorized capital of Formosa Synthetics Private Limited is ₹2.50 M, and the paid-up capital is ₹1.15 M.

  • What is the compliance status of Formosa Synthetics Private Limited?

    The compliance status of Formosa Synthetics Private Limited is Compliant.

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