Basic Hitech Furniture Private Limited

Manufactures and installs wood furniture for corporate, institutional, and residential projects.

2007 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: November 17, 2024

Basic Hitech Furniture Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 17 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.00 M
  • Satisfied Charges ₹ 1.60 Cr
  • Revenue Growth 3.73%
  • Profit Growth -0.99%
  • Ebitda -17.71%
  • Net Worth 4874.62%
  • Total Assets 2.27%

About Basic Hitech Furniture

Basic Hitech Furniture Private Limited (BHFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 July 2007 and has a history of 17 years and six months. Its registered office is in Kanchipuram, Tamil Nadu, 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹5.00 M. The company has closed loans amounting to ₹1.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Selvi Sivamani and Velu Sivamani serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bhfpl.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36100TN2007PTC064335

  • Company No.

    064335

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jul 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Electronics & Durables

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

Board Members (2)

NameDesignationAppointment DateStatus
Selvi Sivamani Country flag representing In Director 27-Jul-2007Current
Velu Sivamani Country flag representing In Director 27-Jul-2007Current

Financial Performance of Basic Hitech Furniture.

Basic Hitech Furniture Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.73% increase. The company also saw a slight decrease in profitability, with a 0.99% decrease in profit. The company's net worth Soared by an impressive increase of 4874.62%.

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
3.73%
Revenue from Operations
4.43%
Total Assets
2.27%
Profit or Loss
-0.99%
Net Worth
4874.62%
EBITDA
-17.71%

What is the Ownership and Shareholding Structure of Basic Hitech Furniture?

In 2023, Basic Hitech Furniture had a promoter holding of 98.00% and a public holding of 2.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.00 M

Satisfied Charges

₹16.03 M

Charges Breakdown by Lending Institutions

  • Others : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
02 Jan 2024Others₹5.00 MOpen
14 Oct 2009Others₹1.60 CrSatisfied

How Many Employees Work at Basic Hitech Furniture?

Basic Hitech Furniture has a workforce of 14 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 Basic Hitech 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 Basic Hitech 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 Basic Hitech Furniture

Recent activity within the organization

  • Annual General Meeting

    Basic Hitech Furniture Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Basic Hitech Furniture Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 M with Charge ID 100842499 was registered on 02 Jan 2024.

    02 Jan 2024

  • Charges

    A charge registered on 14 Oct 2009 via Charge ID 10187992 with Others was fully satisfied on 25 Aug 2021.

    25 Aug 2021

  • Charges

    A charge with Others of Rs. 16.03 M registered on 14 Oct 2009 with Charge ID 10187992 was modified on 25 Feb 2019.

    25 Feb 2019

  • Charges

    A charge with Others amounted to Rs. 16.03 M with Charge ID 10187992 was registered on 14 Oct 2009.

    14 Oct 2009

Frequently asked questions

  • Basic Hitech Furniture Private Limited was incorporated on 27 Jul 2007.

  • The authorized share capital of Basic Hitech Furniture Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 2 directors are associated with Basic Hitech Furniture Private Limited.

    • Selvi Sivamani
    • Velu Achari Sivamani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Basic Hitech Furniture Private Limited is No.6 Ganapathy Colony 100 Ft Road Ekkaduthangal, India, Chennai, Tamil Nadu, 600097.

  • The corporate identification number (CIN) of Basic Hitech Furniture Private Limited is U36100TN2007PTC064335 and the company number is 064335 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Basic Hitech Furniture Private Limited is https://www.bhfpl.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Basic Hitech Furniture Private Limited has risen by 3.73%.

  • As Per 2023 financial reports, 14 employees are currently employed by Basic Hitech Furniture Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Basic Hitech Furniture Private Limited has experienced an upsurge of 4874.62%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Basic Hitech Furniture Private Limited amount to ₹ 5.00 M.

  • The most recent Balance Sheet for Basic Hitech Furniture Private Limited was filed with the ROC on 31 Mar 2024.