Coirfoam (India) Pvt Ltd

Manufactures rubberized coir and spring mattresses, home products, and markets under 'Corfom' brand.

1978 | Kolkata, West Bengal (India) | Active
Last Updated: November 17, 2024

Coirfoam (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.50 M
  • Company Age 46 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 28.13 Cr
  • Satisfied Charges ₹ 4.00 Cr
  • Revenue Growth -11.29%
  • Profit Growth 769.66%
  • Ebitda 596.66%
  • Net Worth 116.23%
  • Total Assets -5.11%

About Coirfoam (India)

Coirfoam (India) Pvt Ltd (CIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 June 1978 and has a history of 46 years and seven months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Consumer Goods 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 9.50 M.

The company currently has active open charges totaling ₹28.13 Cr. The company has closed loans amounting to ₹4.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sukhdip Khurana, Inderjeet Khurana, Pankaj Agarwal, and One other member 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

    U51909WB1978PTC031553

  • Company No.

    031553

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jun 1978

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Consumer Goods

What products or services does Coirfoam (India) Pvt Ltd offer?

Coirfoam (India) Pvt Ltd offers a wide range of products and services, including PU Foam, Coir & Jute Mattresses, Medical Mattress, Bed Mattress, Sleeping Mattress, Bonnell Spring Mattress, Champion Bed Mattress, Latex Mattress, Pocketed Spring Mattress, Furniture Fittings & Hardware, Bed Parts.

Who are the key members and board of directors at Coirfoam (India)?

Board Members (4)

Name Designation Appointment Date Status
Anuj Agarwal Country flag representing In Director 01-Dec-2021 Current
Sukhdip Khurana Country flag representing In Director 29-Sep-1997 Current
Inderjeet Khurana Country flag representing In Director 30-Nov-2001 Current
Pankaj Agarwal Country flag representing In Director 25-Oct-2004 Current

Financial Performance of Coirfoam (India).

Coirfoam (India) Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.29% decrease. The company also saw a substantial improvement in profitability, with a 769.66% increase in profit. The company's net worth Soared by an impressive increase of 116.23%.

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
-11.29%
Revenue from Operations
-13.36%
Total Assets
-5.11%
Profit or Loss
769.66%
Net Worth
116.23%
EBITDA
596.66%

What is the Ownership and Shareholding Structure of Coirfoam (India)?

In 2023, Coirfoam (India) had a promoter holding of 71.78% and a public holding of 28.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹28.13 Cr

Satisfied Charges

₹4.00 Cr

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 17.92 Cr
  • Others : 10.21 Cr

Latest Charge Details

Date Lender Amount Status
23 Aug 2024 Others ₹4.90 Cr Open
07 Jul 2022 Others ₹7.00 M Open
04 Nov 2020 Others ₹1.88 M Open
08 Sep 2020 Others ₹1.40 Cr Open
17 Aug 2020 Others ₹5.22 M Open

How Many Employees Work at Coirfoam (India)?

Coirfoam (India) has a workforce of 8 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 Coirfoam (India), 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 Coirfoam (India)'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 Coirfoam (India)

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 4.90 Cr with Charge ID 101000164 was registered on 23 Aug 2024.

    23 Aug 2024

  • Annual General Meeting

    Coirfoam (India) Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Coirfoam (India) Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.70 Cr with Charge ID 100598966 was registered on 07 Jul 2022.

    07 Jul 2022

  • Director Appointment

    Anuj Agarwal was appointed as a Director was appointed as a Director on 01 Dec 2021 & has been associated with this company since 3 years 2 months .

    01 Dec 2021

  • Charges

    A charge with Others amounted to Rs. 0.19 Cr with Charge ID 100399526 was registered on 04 Nov 2020.

    04 Nov 2020

Frequently asked questions

  • Coirfoam (India) Pvt Ltd was incorporated on 27 Jun 1978.

  • The authorized share capital of Coirfoam (India) Pvt Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 9.50 M.

  • Currently 4 directors are associated with Coirfoam (India) Pvt Ltd.

    • Sukhdip Singh Khurana
    • Inderjeet Singh Khurana
    • Pankaj Agarwal
    • Anuj Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Coirfoam (India) Pvt Ltd is 3Rd Floor, 59 N.S. Road India, Kolkata, West Bengal, 700001.

  • The corporate identification number (CIN) of Coirfoam (India) Pvt Ltd is U51909WB1978PTC031553 and the company number is 031553 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Coirfoam (India) Pvt Ltd is https://www.corfom.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Coirfoam (India) Pvt Ltd has fallen by -11.29%.

  • As Per 2023 financial reports, 8 employees are currently employed by Coirfoam (India) Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Coirfoam (India) Pvt Ltd has experienced an upsurge of 116.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Coirfoam (India) Pvt Ltd amount to ₹ 28.13 Cr.

  • The most recent Balance Sheet for Coirfoam (India) Pvt Ltd was filed with the ROC on 31 Mar 2023.

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