Aster Comfort Designs Private Limited

Founded in 2004 and headquartered in Tamil Nadu, India.

2004 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: November 17, 2024

Aster Comfort Designs Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.94 M
  • Company Age 20 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.00 Cr
  • Satisfied Charges ₹ 7.20 Cr
  • Revenue Growth 82.83%
  • Profit Growth 517.93%
  • Ebitda 92.57%
  • Net Worth 18.83%
  • Total Assets 9.97%

About Aster Comfort Designs

Aster Comfort Designs Private Limited (ACDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 April 2004 and has a history of 20 years and nine months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Corporate was formerly known as Smarfit Chair Seatings 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 1.00 Cr and a paid-up capital of Rs 3.94 M.

The company currently has active open charges totaling ₹4.00 Cr. The company has closed loans amounting to ₹7.20 Cr, as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36101TN2004PTC053125

  • Company No.

    053125

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Apr 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Aster Comfort Designs?

Board Members (3)

Name Designation Appointment Date Status
Anand Somawat Country flag representing In Whole-Time Director 30-Apr-2004 Current
Moti Somawat Country flag representing In Whole-Time Director 30-Apr-2004 Current
Gautam Jain Country flag representing In Whole-Time Director 30-Apr-2004 Current

Financial Performance of Aster Comfort Designs.

Aster Comfort Designs Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 82.83% increase. The company also saw a substantial improvement in profitability, with a 517.93% increase in profit. The company's net worth Soared by an impressive increase of 18.83%.

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
82.83%
Revenue from Operations
91.60%
Total Assets
9.97%
Profit or Loss
517.93%
Net Worth
18.83%
EBITDA
92.57%

What is the Ownership and Shareholding Structure of Aster Comfort Designs?

In 2023, Aster Comfort Designs 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

₹4.00 Cr

Satisfied Charges

₹7.20 Cr

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 4.00 Cr

Latest Charge Details

Date Lender Amount Status
21 Jan 2022 Citi Bank N.A. ₹4.00 Cr Open
30 Jul 2014 Others ₹4.00 Cr Satisfied
02 May 2012 The Hongkong And Shanghai Banking Corporation Limited ₹2.20 Cr Satisfied
09 May 2006 Union Bank Of India ₹1.00 Cr Satisfied

How Many Employees Work at Aster Comfort Designs?

Aster Comfort Designs has a workforce of 26 employees as of Mar 30, 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 Aster Comfort Designs, 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 Aster Comfort Designs'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 Aster Comfort Designs

Recent activity within the organization

  • Annual General Meeting

    Aster Comfort Designs Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Aster Comfort Designs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 4.00 Cr with Charge ID 100528493 was registered on 21 Jan 2022.

    21 Jan 2022

  • Charges

    A charge registered on 30 Jul 2014 via Charge ID 10529979 with Others was fully satisfied on 08 Jul 2020.

    08 Jul 2020

  • Charges

    A charge with Others of Rs. 4.00 Cr registered on 30 Jul 2014 with Charge ID 10529979 was modified on 30 Nov 2018.

    30 Nov 2018

  • Charges

    A charge registered on 02 May 2012 via Charge ID 10356715 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 13 Jun 2018.

    13 Jun 2018

Frequently asked questions

  • Aster Comfort Designs Private Limited was incorporated on 30 Apr 2004.

  • The authorized share capital of Aster Comfort Designs Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 3.94 M.

  • Currently 3 directors are associated with Aster Comfort Designs Private Limited.

    • Moti Lal Somawat
    • Anand Kumar Somawat
    • Gautam Chand Somawat Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aster Comfort Designs Private Limited is Plot No B22, Zone B Phase Ii Mepz - Sez Tambaram India, Chennai, Tamil Nadu, 600045.

  • The corporate identification number (CIN) of Aster Comfort Designs Private Limited is U36101TN2004PTC053125 and the company number is 053125 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aster Comfort Designs Private Limited is https://www.asterchairs.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Aster Comfort Designs Private Limited has risen by 82.83%.

  • As Per 2023 financial reports, 26 employees are currently employed by Aster Comfort Designs Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Aster Comfort Designs Private Limited has experienced an upsurge of 18.83%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Aster Comfort Designs Private Limited amount to ₹ 4.00 Cr.

  • The most recent Balance Sheet for Aster Comfort Designs Private Limited was filed with the ROC on 31 Mar 2023.

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