Ashoka Furniture Pvt Ltd

Manufacturer and trader of home and office furniture, including desks, tables, sofas, and chairs.

1994 | Mandi, Himachal Pradesh (India) | Active
Last Updated: July 29, 2024

Ashoka Furniture Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 31 Year, 5 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.66 Cr
  • Revenue Growth 10.71%
  • Profit Growth 52.21%
  • Ebitda 10.13%
  • Net Worth 6.83%
  • Total Assets -6.26%

About Ashoka Furniture

Ashoka Furniture Pvt Ltd (AFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 January 1994 and has a history of 31 years. Its registered office is in Mandi, Himachal Pradesh, 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 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹1.66 Cr.

Ashutosh Sethi, Anil Sethi, and Ashok Sethi serve as directors at the Company.

Company Details

  • Location

    Mandi, Himachal Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36101HP1994PTC014164

  • Company No.

    014164

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jan 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Himachal Pradesh

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Ashoka Furniture?

Board Members (3)

Name Designation Appointment Date Status
Ashutosh Sethi Country flag representing In Director 18-Dec-2014 Current
Anil Sethi Country flag representing In Director 18-Dec-2014 Current
Ashok Sethi Country flag representing In Director 27-Jan-1994 Current

Financial Performance of Ashoka Furniture.

Ashoka Furniture Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 10.71% increase. The company also saw a substantial improvement in profitability, with a 52.21% increase in profit. The company's net worth moved up by a moderate rise of 6.83%.

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
10.71%
Revenue from Operations
10.46%
Total Assets
-6.26%
Profit or Loss
52.21%
Net Worth
6.83%
EBITDA
10.13%

What is the Ownership and Shareholding Structure of Ashoka Furniture?

In 2023, Ashoka Furniture 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

₹16.63 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.25 Cr
  • Manager : 0.34 Cr
  • Punjab National Bank : 0.04 Cr
  • General Manager : 0.03 Cr

Latest Charge Details

Date Lender Amount Status
30 May 2019 Others ₹3.00 M Open
05 Feb 2018 Others ₹9.50 M Open
15 Dec 2011 General Manager ₹0.32 M Open
18 Aug 2009 Punjab National Bank ₹0.41 M Open
21 Jul 2006 Manager ₹1.00 M Open

How Many Employees Work at Ashoka Furniture?

Ashoka Furniture has a workforce of 40 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ashoka Furniture, 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 Ashoka Furniture'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 Ashoka Furniture

Recent activity within the organization

  • Annual General Meeting

    Ashoka Furniture Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Ashoka Furniture Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Himachal Pradesh.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 9.50 M registered on 05 Feb 2018 with Charge ID 100156717 was modified on 28 Jun 2019.

    28 Jun 2019

  • Charges

    A charge with Others amounted to Rs. 3.00 M with Charge ID 100270539 was registered on 30 May 2019.

    30 May 2019

  • Charges

    A charge with Others amounted to Rs. 9.50 M with Charge ID 100156717 was registered on 05 Feb 2018.

    05 Feb 2018

  • Director Appointment

    Ashutosh Sethi was appointed as a Director was appointed as a Director on 18 Dec 2014 & has been associated with this company since 10 years 1 month .

    18 Dec 2014

Frequently asked questions

  • Ashoka Furniture Pvt Ltd was incorporated on 27 Jan 1994.

  • The authorized share capital of Ashoka Furniture Pvt Ltd is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Ashoka Furniture Pvt Ltd.

    • Ashutosh Sethi
    • Anil Sethi
    • Ashok Kumar Sethi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashoka Furniture Pvt Ltd is Plot No 13 Phase-1 Industrial Area Sauli Khad, Mandi, Himachal Pradesh, India, 175001.

  • The corporate identification number (CIN) of Ashoka Furniture Pvt Ltd is U36101HP1994PTC014164 and the company number is 014164 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ashoka Furniture Pvt Ltd is https://www.ashokafurniture.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ashoka Furniture Pvt Ltd has risen by 10.71%.

  • As Per 2023 financial reports, 40 employees are currently employed by Ashoka Furniture Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ashoka Furniture Pvt Ltd has experienced an upsurge of 6.83%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ashoka Furniture Pvt Ltd amount to ₹ 1.66 Cr.

  • The most recent Balance Sheet for Ashoka Furniture Pvt Ltd was filed with the ROC on 31 Mar 2023.

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