Futuretech Engineering Private Limited - Company Profile

It is a machinery and equipment private limited company based in Bangalore, Karnataka, India, established in 2007.
2007 Bangalore, Karnataka, India Converted to LLP
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About Futuretech Engineering Private Limited

Futuretech Engineering Private Limited, a converted to llp private limited company, was established on 25 October 2007 in Bangalore, Karnataka, India. Engaging in industrial tools & components within the manufacturing sector, it holds CIN: U29220KA2007PTC044208. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹2.40 M.

It upholds a compliant status. Employing 51 professional, Its leadership includes Abhay Ganpathrao Lokare (Director), Kamal Gurappa Biradar (Director), Madhava Chandrashekhara Somayaji (Director). Past directors included Kumaraswamy Narayana. It holds no open charges and ₹5.79 Cr settled loans. Its latest AGM occurred on 30 November 2021, with the balance sheet filed on 31 March 2021. It is based at No. 13, 8Th Main Road, Agrahara Dasara Halli., Bangalore, Karnataka, 560079.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U29220KA2007PTC044208

  • Registration Number

    044208

  • Incorporation Date

    25 October 2007

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹2.40 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Converted to LLP

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.40 M
  • Company Age 18 Year, 3 Months
  • Last Filing with ROC 31 Mar 2021
  • Satisfied Charges ₹ 5.79 Cr
  • Revenue Growth **** -28.45%
  • Profit Growth **** -67.23%
  • Ebitda **** -62.54%
  • Net Worth 14.73%
  • Total Assets **** 2.90%
Company report

Futuretech Engineering Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Futuretech Engineering 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 Futuretech Engineering Private Limited?
Current Directors
Name Designation Appointment Date Status
Abhay Ganpathrao Lokare Director 02 Nov 2007 Current
Kamal Gurappa Biradar Director 25 Oct 2007 Current
Madhava Chandrashekhara Somayaji Director 25 Oct 2007 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 25 Mar 2011 Past

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Financial Performance of Futuretech Engineering.

Futuretech Engineering Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 28.45% decrease. The company also saw a substantial fall in profitability, with a 67.23% decrease in profit. The company's net worth Soared by an impressive increase of 14.73%.

Futuretech Engineering revenue growth over time
Futuretech Engineering profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -28.45%
*******
*******
*******
*******
Revenue from Operations
*******
 -30.23%
*******
*******
*******
*******
Total Assets
*******
 2.90%
*******
*******
*******
*******
Profit or Loss
*******
 -67.23%
*******
*******
*******
*******
Net Worth
*******
 14.73%
*******
*******
*******
*******
EBITDA
*******
 -62.54%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Futuretech Engineering?

In 2021, Futuretech Engineering had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹57,861,000.00

Charges Breakdown by Lending Institutions
  • The National Co - Operative Bank Ltd : 2.50 Cr
  • Others : 2.23 Cr
  • Canara Bank : 1.06 Cr
Latest Charge Details
Date Lender Amount Status
26 Aug 2016 Others ₹9.00 M Satisfied
27 Nov 2014 The National Co - Operative Bank Ltd ₹5.00 M Satisfied
14 Sep 2014 The National Co - Operative Bank Ltd ₹1.00 M Satisfied
13 Sep 2014 Others ₹1.33 Cr Satisfied
03 Jan 2014 The National Co - Operative Bank Ltd ₹1.20 Cr Satisfied

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How Many Employees Work at Futuretech Engineering?

Futuretech Engineering has a workforce of 51 employees as of Apr 06, 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Futuretech Engineering, 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 Futuretech Engineering'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.

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Latest Updates, News, and FAQs on Futuretech Engineering
Recent Activity within the Organization
  • Charges

    The activity A charge registered on 13 Sep 2014 via Charge ID 10527017 with Others was fully satisfied on 21 Jul 2022. was completed.

  • Charges

    A charge registered on 26 Aug 2016 via Charge ID 100050003 with Others was fully satisfied on 20 Jul 2022. was recorded as a recent event.

  • Charges

    The activity A charge registered on 27 Nov 2014 via Charge ID 10544815 with The National Co - Operative Bank Ltd was fully satisfied on 20 Jul 2022. was completed.

  • Charges

    The activity A charge registered on 14 Sep 2014 via Charge ID 10544813 with The National Co - Operative Bank Ltd was fully satisfied on 20 Jul 2022. was completed.

  • Charges

    The activity A charge registered on 03 Jan 2014 via Charge ID 10477676 with The National Co - Operative Bank Ltd was fully satisfied on 20 Jul 2022. was completed.

  • Charges

    A charge registered on 04 Dec 2013 via Charge ID 10504340 with The National Co - Operative Bank Ltd was fully satisfied on 20 Jul 2022. was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Futuretech Engineering Private Limited?

The CIN of Futuretech Engineering Private Limited is U29220KA2007PTC044208.

Where is Futuretech Engineering Private Limited headquartered?

Futuretech Engineering Private Limited is headquartered at No. 13, 8Th Main Road, Agrahara Dasara Halli., Bangalore, Karnataka, 560079.

When was Futuretech Engineering Private Limited incorporated?

Futuretech Engineering Private Limited was incorporated on 25 October 2007.

Who are the current directors of Futuretech Engineering Private Limited?

The current directors of Futuretech Engineering Private Limited are

What is the primary industry of Futuretech Engineering Private Limited?

The primary industry of Futuretech Engineering Private Limited is Manufacturing.

Is Futuretech Engineering Private Limited a listed company?

Futuretech Engineering Private Limited is unlisted.

What is the capital structure of Futuretech Engineering Private Limited?

The authorized capital of Futuretech Engineering Private Limited is ₹2.50 M, and the paid-up capital is ₹2.40 M.

What is the compliance status of Futuretech Engineering Private Limited?

The compliance status of Futuretech Engineering Private Limited is Compliant.

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