Adarsh Furnishing Arcade Private Limited

Furniture trading company with a variety of products including sofas, chairs, and dining tables.

2007 | Chandigarh (India) | Active
Last Updated: December 21, 2024

Adarsh Furnishing Arcade Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 17 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.46 Cr
  • Satisfied Charges ₹ 4.00 M
  • Revenue Growth -53.12%
  • Profit Growth -100.69%
  • Ebitda -366.85%
  • Net Worth -0.17%
  • Total Assets -6.67%

About Adarsh Furnishing Arcade

Adarsh Furnishing Arcade Private Limited (AFAPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 April 2007 and has a history of 17 years and nine months. Its registered office is in Chandigarh, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹5.46 Cr. The company has closed loans amounting to ₹4.00 M, as per Ministry of Corporate Affairs (MCA) records.

Raj Verma and Sahil Verma serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17211CH2007PTC030786

  • Company No.

    030786

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Apr 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Adarsh Furnishing Arcade?

Executive Team (1)

Name Designation Appointment Date Status
Raj Verma Country flag representing In Managing Director 24-Apr-2007 Current

Board Members (1)

Name Designation Appointment Date Status
Sahil Verma Country flag representing In Director 28-Jun-2014 Current

Financial Performance of Adarsh Furnishing Arcade.

Adarsh Furnishing Arcade Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 53.12% decrease. The company also saw a substantial fall in profitability, with a 100.69% decrease in profit. The company's net worth dipped by a decrease of 0.17%.

Graph illustrating revenue growth over time
Graph showing 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
-53.12%
Revenue from Operations
-89.54%
Total Assets
-6.67%
Profit or Loss
-100.69%
Net Worth
-0.17%
EBITDA
-366.85%

What is the Ownership and Shareholding Structure of Adarsh Furnishing Arcade?

In 2020, Adarsh Furnishing Arcade 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

₹54.60 M

Satisfied Charges

₹4.00 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 5.46 Cr

Latest Charge Details

Date Lender Amount Status
22 Apr 2010 State Bank Of India ₹7.60 M Open
28 May 2007 State Bank Of India ₹4.70 Cr Open
13 Apr 2010 State Bank Of India ₹4.00 M Satisfied

How Many Employees Work at Adarsh Furnishing Arcade?

Unlock and access historical data on people associated with Adarsh Furnishing Arcade, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Adarsh Furnishing Arcade, 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 Adarsh Furnishing Arcade'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 Adarsh Furnishing Arcade

Recent activity within the organization

  • Annual General Meeting

    Adarsh Furnishing Arcade Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Adarsh Furnishing Arcade Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Director Appointment

    Sahil Verma was appointed as a Director was appointed as a Director on 28 Jun 2014 & has been associated with this company since 10 years 7 months .

    28 Jun 2014

  • Charges

    A charge registered on 13 Apr 2010 via Charge ID 10223472 with State Bank Of India was fully satisfied on 27 Nov 2012.

    27 Nov 2012

  • Charges

    A charge with State Bank Of India amounted to Rs. 7.60 M with Charge ID 10217802 was registered on 22 Apr 2010.

    22 Apr 2010

  • Charges

    A charge with State Bank Of India amounted to Rs. 4.00 M with Charge ID 10223472 was registered on 13 Apr 2010.

    13 Apr 2010

Frequently asked questions

  • Adarsh Furnishing Arcade Private Limited was incorporated on 24 Apr 2007.

  • The authorized share capital of Adarsh Furnishing Arcade Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Adarsh Furnishing Arcade Private Limited.

    • Raj Kumar Verma
    • Sahil Verma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Adarsh Furnishing Arcade Private Limited is Plot No: 50 (4 Kanal) Industrial Area Phase-Ii Ram Darbar, India, Chandigarh, 160002.

  • The corporate identification number (CIN) of Adarsh Furnishing Arcade Private Limited is U17211CH2007PTC030786 and the company number is 030786 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Adarsh Furnishing Arcade Private Limited has fallen by -53.12%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Adarsh Furnishing Arcade Private Limited has experienced an downturn of -0.17%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Adarsh Furnishing Arcade Private Limited amount to ₹ 5.46 Cr.

  • The most recent Balance Sheet for Adarsh Furnishing Arcade Private Limited was filed with the ROC on 31 Mar 2024.

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