Armchair Investments Ltd

Founded in 1981 and headquartered in West Bengal, India.

1981 | Kolkata, West Bengal (India) | Active
Last Updated: May 20, 2024

Armchair Investments Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.80 M
  • Company Age 43 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 50.40%
  • Profit Growth 17.34%
  • Ebitda -78.38%
  • Net Worth 1.35%
  • Total Assets 1.44%

About Armchair Investments

Armchair Investments Ltd (AIL) is a Public Limited Indian Non-Government Company incorporated in India on 24 July 1981 and has a history of 43 years and six months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Financial Services 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 5.00 M and a paid-up capital of Rs 4.80 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Armchair Investments Ltd India are Sweta Sarraf as COMPANY SECRETARY and Pooja Kanoria as Cfo. Samir Kanoria, Manju Kanoria, Pooja Kanoria, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L67120WB1981PLC033907

  • Company No.

    033907

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Jul 1981

  • Date of AGM

    21 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at Armchair Investments?

Executive Team (3)

Name Designation Appointment Date Status
Manju Kanoria Country flag representing In Managing Director 01-Nov-1988 Current
Sweta Sarraf Country flag representing In Company Secretary 01-Sep-2022 Current
Pooja Kanoria Country flag representing In CFO 01-Oct-2019 Current

Board Members (4)

Name Designation Appointment Date Status
Rohan Desai Country flag representing In Director 01-Oct-2019 Current
Samir Kanoria Country flag representing In Director 05-Mar-2013 Current
Pooja Kanoria Country flag representing In Director and Cfo 29-Jan-2009 Current
Indrajit Mookerjee Country flag representing In Director 30-Sep-2014 Current

Financial Performance of Armchair Investments.

Armchair Investments Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 50.4% increase. The company also saw a substantial improvement in profitability, with a 17.34% increase in profit. The company's net worth moved up by a moderate rise of 1.35%.

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
50.40%
Revenue from Operations
Total Assets
1.44%
Profit or Loss
17.34%
Net Worth
1.35%
EBITDA
-78.38%

What is the Ownership and Shareholding Structure of Armchair Investments?

In 2023, Armchair Investments had a promoter holding of 4.32% and a public holding of 95.68%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Armchair Investments?

Unlock and access historical data on people associated with Armchair Investments, 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 Armchair Investments, 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 Armchair Investments'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 Armchair Investments

Recent activity within the organization

  • Annual General Meeting

    Armchair Investments Ltd last Annual general meeting of members was held on 21 Sep 2023 as per latest MCA records.

    21 Sep 2023

  • Balance Sheet

    Armchair Investments Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Director Appointment

    Rohan Desai was appointed as a Director was appointed as a Director on 01 Oct 2019 & has been associated with this company since 5 years 4 months .

    01 Oct 2019

  • Director Appointment

    Indrajit Mookerjee was appointed as a Director was appointed as a Director on 30 Sep 2014 & has been associated with this company since 10 years 4 months .

    30 Sep 2014

  • Director Appointment

    Samir Kanoria was appointed as a Director was appointed as a Director on 05 Mar 2013 & has been associated with this company since 11 years 10 months .

    05 Mar 2013

  • Director Appointment

    Pooja Kanoria was appointed as a Director was appointed as a Director on 29 Jan 2009 & has been associated with this company since 16 years 2 days .

    29 Jan 2009

Frequently asked questions

  • Armchair Investments Ltd was incorporated on 24 Jul 1981.

  • The authorized share capital of Armchair Investments Ltd is ₹ 5.00 M and paid-up capital is ₹ 4.80 M.

  • Currently 7 directors are associated with Armchair Investments Ltd.

    • Samir Kanoria
    • Manju Devi Kanoria
    • Pooja Kanoria
    • Indrajit Mookerjee
    • Rohan Desai
    • Sweta Sarraf
    • Pooja Kanoria
  • As per Ministry of Corporate Affairs (Mca), the registered address of Armchair Investments Ltd is 23A Netaji Subhas Road3Rd Floor R No 19, Kol, West Bengal, India, 700001.

  • The corporate identification number (CIN) of Armchair Investments Ltd is L67120WB1981PLC033907 and the company number is 033907 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Armchair Investments Ltd has risen by 50.40%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Armchair Investments Ltd has experienced an upsurge of 1.35%.

  • The most recent Balance Sheet for Armchair Investments Ltd was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Financial Activities