About Futuregrow Power Private Limited
Data last updated:
Futuregrow Power Private Limited was a private limited company based in Kolkata, West Bengal, India, operated as a subsidiary of Winner Tradecom 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 general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 30 March 2015.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U74900WB2015PTC205902. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹21.31 Cr and a paid-up capital of ₹20.01 Cr. It was led by directors Nitin Kirti Naygandhi and Sushanto Kumar Paul.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Central Plaza 2/6 Sarat Boase Road Suite No. 308 3rd Floor, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.29 Lakh, a decline of 54% compared to the previous year. For the same year it recorded a net profit of ₹34,172 (net margin 4.7%) and EBITDA of ₹2.93 Lakh (EBITDA margin 40.2%). Revenue has grown at a compounded annual rate (CAGR) of 82% over three years and 13% over five years.
Its group structure included 1 subsidiary.
The company was associated with 1 brand: P3 Green. As per MCA filings, the company had open charges of ₹176.04 Cr and satisfied charges of ₹632.08 Cr on record. The company has 3 deals on record (2 acquisitions, 1 secondary share transfer); the latest was in October 2016.
The last known website on record is futuregrowpower.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressCentral Plaza 2/6 Sarat Boase Road Suite No. 308 3rd Floor, Kolkata, West Bengal, India – 700020
- IndustryInfrastructure and Utilities, General Infrastructure 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
Associated Brands with Futuregrow Power Private Limited
Futuregrow Power operates one associated brand: P3 Green. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Investment platform funding companies in sectors like energy and retail in India. | p3green.com |
Financials of Futuregrow Power Private Limited FY 2024 filings available
Futuregrow Power Private Limited reported revenue of ₹7.29 Lakh (down 54% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Futuregrow Power Private Limited
Revenue fell 54% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 68% 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 of Futuregrow Power Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.93 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹34,172 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Futuregrow Power Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 40.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.7% | •••• | •••• | •••• | •••• |
| 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 Futuregrow Power 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
Verified entity values are shown only after access is granted.
Board of Directors of Futuregrow Power Private Limited
Futuregrow Power has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Kirti Naygandhi Also directs: Ekaagra Ostalaritza Private Limited | Director | 21 Jul 2023 | 3 Years 2 Months | As last reported |
| Sushanto Kumar Paul | Director | 21 Jul 2023 | 3 Years 2 Months | As last reported |
Auditor Details of Futuregrow Power Private Limited
Futuregrow Power Private Limited is audited by BAS CO.&LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BAS CO.&LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Futuregrow Power Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Futuregrow Power Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Oct 2018 | Others | ₹176.04 Cr | Satisfied |
| 29 Jun 2018 | Others | ₹176.04 Cr | Satisfied |
| 26 Jul 2017 | Sbicap Trustee Company Limited | ₹280 Cr | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Futuregrow Power Private Limited
Futuregrow Power Private Limited has 3 deals on record (2 acquisitions, 1 secondary share transfer); the latest was in October 2016.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: Winner Tradecom Private Limited , an individual Seller: 2 individuals |
| Mar 2016 | Acquisition | ₹14.43 Cr | Buyer: Winner Tradecom Private Limited |
| Mar 2016 | Acquisition | ₹4.75 Cr | Buyer: Winner Tradecom Private Limited |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Futuregrow Power Private Limited
Employment history and EPFO contributions of people linked to Futuregrow Power.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Futuregrow Power Private Limited
Futuregrow Power has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Alex Astral Power Private Limited | U65100WB2009PTC139003 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Futuregrow Power Private Limited
Futuregrow Power Private Limited has 24 board changes on record since 2015: 13 appointments and 11 cessations. The latest: Anita Sureka ceased to be Director on 24 Jul 2023.
21 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Futuregrow Power Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Futuregrow Power Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Futuregrow Power Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Futuregrow Power Private Limited
Futuregrow Power has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Futuregrow Power Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Futuregrow Power Private Limited
Futuregrow Power 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.
Futuregrow Power was a private limited company based in Kolkata, West Bengal, India. The company worked in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 30 March 2015 and is registered under CIN U74900WB2015PTC205902. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Futuregrow Power was incorporated on 30 March 2015. It is registered with the Registrar of Companies, Kolkata.
Futuregrow Power had 2 directors:
- Nitin Kirti Naygandhi - Director
- Sushanto Kumar Paul - Director
The CIN (Corporate Identification Number) of Futuregrow Power is U74900WB2015PTC205902. 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 Futuregrow Power is at Central Plaza 26 Sarat Boase Road Suite No. 308 3rd Floor, Kolkata, West Bengal, India – 700020.
Futuregrow Power can be reached through the website futuregrowpower.com. Its registered office is in Kolkata, West Bengal, India.
Futuregrow Power reported revenue of ₹7.29 Lakh for FY 2024 (down 54% YoY).
Futuregrow Power has an authorised share capital of ₹21.31 Cr and a paid-up capital of ₹20.01 Cr.
Futuregrow Power reported a net profit of ₹34,172 (net margin 4.7%) and EBITDA of ₹2.93 Lakh (EBITDA margin 40.2%) for FY 2024, as per its filed financial statements.