Formula Lighting (India) Private Limited

Manufactures and sells various types of lighting equipment and lamps.

2020 | Nainital, Uttarakhand (India) | Active
Last Updated:

Formula Lighting (India) Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 7.10 Cr
  • Company Age 4 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.70 Cr
  • Revenue Growth 13.87%
  • Profit Growth 38.65%
  • Ebitda 42.96%
  • Net Worth 23.36%
  • Total Assets -3.65%

About Formula Lighting (India)

Formula Lighting (India) Private Limited (FLIPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 June 2020 (Four years and 11 months 27 days old ). Its registered office is in Nainital, Uttarakhand, India.

The Corporate was formerly known as Jaganlamp's Automotives Private Limited. The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 7.50 Cr and a paid-up capital of Rs 7.10 Cr.

The company currently has active open charges totaling ₹10.70 Cr.

Alok Aggarwal and Bhavna Aggarwal serve as directors at the Company.

Company Details

  • Location

    Nainital, Uttarakhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31909UR2020PTC010983

  • Company No.

    010983

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jun 2020

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Uttarakhand

Industry

Consumer Electronics & Durables
Company report

Formula Lighting (India) Private Limited

Explore comprehensive data for Formula Lighting (India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Formula Lighting (India)?

Board Members (2)

NameDesignationAppointment DateStatus
Alok Aggarwal Country flag representing In Director 01-Jun-2020Current
Bhavna Aggarwal Country flag representing In Director 01-Jun-2020Current

Financial Performance of Formula Lighting (India).

Formula Lighting (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.87% increase. The company also saw a substantial improvement in profitability, with a 38.65% increase in profit. The company's net worth Soared by an impressive increase of 23.36%.

Formula Lighting (India) revenue growth over time
Formula Lighting (India) 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
13.87%
Revenue from Operations
14.39%
Total Assets
-3.65%
Profit or Loss
38.65%
Net Worth
23.36%
EBITDA
42.96%

What is the Ownership and Shareholding Structure of Formula Lighting (India)?

In 2023, Formula Lighting (India) 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 Indicator graph

Charges (Loans)

Open Charges

₹10.70 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 10.70 Cr

Latest Charge Details

DateLenderAmountStatus
16 Dec 2023Hdfc Bank Limited₹1.33 CrOpen
28 Nov 2023Hdfc Bank Limited₹3.73 MOpen
02 Jun 2021Hdfc Bank Limited₹9.00 CrOpen

How Many Employees Work at Formula Lighting (India)?

Formula Lighting (India) has a workforce of 17 employees as of Apr 05, 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 Formula Lighting (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Formula Lighting (India), 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 Formula Lighting (India)'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 Formula Lighting (India)

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.33 Cr with Charge ID 100835661 was registered on 16 Dec 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.37 Cr with Charge ID 100830839 was registered on 28 Nov 2023.

  • Annual General Meeting

    Formula Lighting (India) Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Formula Lighting (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Uttarakhand.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 9.00 Cr registered on 02 Jun 2021 with Charge ID 100471248 was modified on 28 Sep 2021.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 9.00 Cr with Charge ID 100471248 was registered on 02 Jun 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Formula Lighting (India) Private Limited?

    Formula Lighting (India) Private Limited was incorporated on 01 Jun 2020.

  • What is authorized share capital and paid-up capital of Formula Lighting (India) Private Limited?

    The authorized share capital of Formula Lighting (India) Private Limited is ₹ 7.50 Cr and paid-up capital is ₹ 7.10 Cr.

  • Who are the current board members & directors of Formula Lighting (India) Private Limited?

    Currently 2 directors are associated with Formula Lighting (India) Private Limited.

    • Alok Aggarwal
    • Bhavna Aggarwal
  • What is the registered address of Formula Lighting (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Formula Lighting (India) Private Limited is A/3-4 Industrial Estate Bazpur Road, India, Kashipur, Uttarakhand, 244713.

  • What is the corporate identification number (CIN) and company number of Formula Lighting (India) Private Limited?

    The corporate identification number (CIN) of Formula Lighting (India) Private Limited is U31909UR2020PTC010983 and the company number is 010983 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Formula Lighting (India) Private Limited?

    The Official website of Formula Lighting (India) Private Limited is https://www.autohalogenlamps.com

  • What has been the recent revenue trend for Formula Lighting (India) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Formula Lighting (India) Private Limited has risen by 13.87%.

  • How many employees does Formula Lighting (India) Private Limited currently have?

    As Per 2023 financial reports, 17 employees are currently employed by Formula Lighting (India) Private Limited.

  • What change has been observed in the net worth of Formula Lighting (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Formula Lighting (India) Private Limited has experienced an upsurge of 23.36%.

  • What are the total open charges for Formula Lighting (India) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Formula Lighting (India) Private Limited amount to ₹ 10.70 Cr.

  • When was the last Balance Sheet of Formula Lighting (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Formula Lighting (India) Private Limited was filed with the ROC on 31 Mar 2023.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial