About Future Axiom Telecom Limited
Data last updated:
Future Axiom Telecom Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the telecom services segment of the telecommunications sector. It was incorporated on 07 February 2006.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52110MH2006PLC159581.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹20 Cr. It was formerly known as Convergem Communication (India) Limited. It is led by directors including Faisal Abdulaziz Mohamad Albannai (Managing Director) and Mayur Toshniwal.
Its last annual general meeting (AGM) was held on 27 September 2012, and its latest financial statements are for the year ended 31 March 2012. The registered office is at Knowledge House Shaym Nagarhogeshwari Vikhrolai Rd Jogeshwari (E), Mumbai, Maharashtra, India – 400060.
Court records list 11 cases involving the company, including 2 filed by the company and 9 filed against it; 1 case is pending.
The last known website on record is futuregroup.in.
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- Social Media
- Registered AddressKnowledge House Shaym Nagarhogeshwari Vikhrolai Rd Jogeshwari (E), Mumbai, Maharashtra, India – 400060
- IndustryTelecommunication, Telecom Services
- 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
- One PDF report, delivered after checkout
Financials of Future Axiom Telecom Limited
FY 2012 filings availableFinancial Statement Summary
| Metrics | FY 2011-12 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | •••• |
| Other Income | •••• |
| Total Revenue | •••• |
| Cost of Materials Consumed | •••• |
| Employee Benefit Expense | •••• |
| Finance Costs | •••• |
| Depreciation and Amortisation | •••• |
| Other Expenses | •••• |
| Total Expenses | •••• |
| EBITDA | •••• |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | •••• |
| Balance Sheet | |
| Share Capital | •••• |
| Reserves and Surplus | •••• |
| Net Worth (Total Equity) | •••• |
| Long-term Borrowings | •••• |
| Short-term Borrowings | •••• |
| Trade Payables | •••• |
| Total Liabilities | •••• |
| Fixed Assets | •••• |
| Investments | •••• |
| Inventories | •••• |
| Trade Receivables | •••• |
| Cash and Bank Balance | •••• |
| Total Assets | •••• |
Financial Ratios
| Metrics | FY 2011-12 |
|---|---|
| Profitability | |
| EBITDA Margin | •••• |
| Net Profit Margin | •••• |
| Return on Equity (ROE) | •••• |
| Return on Capital Employed (ROCE) | •••• |
| Return on Assets (ROA) | •••• |
| Liquidity and Debt | |
| Current Ratio | •••• |
| Quick Ratio | •••• |
| Debt-to-Equity Ratio | •••• |
| Interest Coverage Ratio | •••• |
| Efficiency and Growth | |
| Asset Turnover | •••• |
| Receivable Days | •••• |
| Payable Days | •••• |
| Inventory Days | •••• |
| Revenue Growth | •••• |
| Net Profit Growth | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Future Axiom Telecom are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Board of Directors of Future Axiom Telecom Limited
Future Axiom Telecom has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayur Toshniwal | Director | 05 Dec 2007 | 18 Years 10 Months | As last reported |
| Chandra Prakash Toshniwal | Director | 07 Feb 2006 | 20 Years 8 Months | As last reported |
| Abdulaziz Mohammed Abdulla Albannai | Director | 20 Dec 2007 | 18 Years 10 Months | As last reported |
| Rakesh Gopikishan Biyani | Director | 15 May 2008 | 18 Years 5 Months | As last reported |
| Faisal Abdulaziz Mohamad Albannai | Managing Director | 20 Dec 2007 | 18 Years 10 Months | As last reported |
| Abdullatif Abdulla Ahmad Almulla | Director | 05 Dec 2007 | 18 Years 10 Months | As last reported |
Charges & Borrowings
Future Axiom Telecom Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases
Future Axiom Telecom Limited has 11 court cases on record: 2 filed by Future Axiom Telecom, 9 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 8 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed against the company by Mobile Repair Service City India Limited | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by Nexus Design Project Pvt. Ltd. | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed against the company by D.T.D.C. Courier & Cargo Ltd | Disposed |
| Bombay High Court | Company petition | Filed against the company by M/S. Ncubate Logistic and Warehousing Pvt. Ltd. | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed against the company by Nexus Design Project Pvt Ltd | Disposed |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Future Axiom Telecom.
: available in the company report
Recent Activity
Future Axiom Telecom Limited has 16 board changes on record since 2006: 6 appointments and 10 cessations. The latest: Chandra Prakash Toshniwal ceased to be Director on 01 Apr 2015.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Frequently Asked Questions
Future Axiom Telecom is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Future Axiom Telecom is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in telecom services, within the telecommunication industry. It was incorporated on 07 February 2006 and is registered under CIN U52110MH2006PLC159581. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Future Axiom Telecom has 6 current directors:
- Faisal Abdulaziz Mohamad Albannai - Managing Director
- Mayur Toshniwal - Director
- Chandra Prakash Toshniwal - Director
- Abdulaziz Mohammed Abdulla Albannai - Director
- Rakesh Gopikishan Biyani - Director
- Abdullatif Abdulla Ahmad Almulla - Director
The latest financial statements of Future Axiom Telecom on record with the MCA are for the year ended 31 March 2012. Its last annual general meeting was held on 27 September 2012. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Future Axiom Telecom is U52110MH2006PLC159581. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Future Axiom Telecom has 11 court cases on record: 2 filed by the company and 9 filed against it. 1 is pending. Most are in the high courts.
Future Axiom Telecom was incorporated on 07 February 2006. It is registered with the Registrar of Companies, Mumbai.
Chandra Prakash Toshniwal ceased to be Director on 01 Apr 2015. Mayur Toshniwal ceased to be Director on 01 Apr 2015. Rakesh Gopikishan Biyani ceased to be Director on 01 Apr 2015. Future Axiom Telecom has 16 board changes on record in total.
Future Axiom Telecom can be reached through the website futuregroup.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Future Axiom Telecom is at Knowledge House Shaym Nagarhogeshwari Vikhrolai Rd Jogeshwari E, Mumbai, Maharashtra, India – 400060.