Desara Design Private Limited

Manufacturer of furniture for offices, homes, and institutions with a large fabrication facility.

2011 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Desara Design Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 13 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.17 Cr
  • Revenue Growth 50.21%
  • Profit Growth 279.40%
  • Ebitda 253.00%
  • Net Worth 8.60%
  • Total Assets 6.11%

About Desara Design

Desara Design Private Limited (DDPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 August 2011 and has a history of 13 years and six months. Its registered office is in Bangaluru, Karnataka, 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.17 Cr.

Basave Satheesh and Kadamblike Shetty serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36998KA2011PTC059972

  • Company No.

    059972

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Aug 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables

What products or services does Desara Design Private Limited offer?

Desara Design Private Limited offers a wide range of products and services, including Laboratory & Lab Equipment, Laboratory Furniture, Wooden, Bamboo and Cane Furniture, Wooden Cabinets & Wardrobes, Office Tables, Conference Tables, Reception Table, Table, Round Table, Modular Kitchen.

Who are the key members and board of directors at Desara Design?

Board Members (2)

Name Designation Appointment Date Status
Kadamblike Shetty Country flag representing In Director 12-Aug-2011 Current
Basave Satheesh Country flag representing In Director 12-Aug-2011 Current

Financial Performance of Desara Design.

Desara Design Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 50.21% increase. The company also saw a substantial improvement in profitability, with a 279.4% increase in profit. The company's net worth moved up by a moderate rise of 8.6%.

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
50.21%
Revenue from Operations
52.37%
Total Assets
6.11%
Profit or Loss
279.40%
Net Worth
8.60%
EBITDA
253.00%

What is the Ownership and Shareholding Structure of Desara Design?

In 2023, Desara Design 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

₹21.71 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.35 Cr
  • Corporation Bank : 0.82 Cr

Latest Charge Details

Date Lender Amount Status
16 Nov 2022 Others ₹1.31 M Open
15 Sep 2022 Others ₹0.61 M Open
02 Sep 2016 Others ₹1.59 M Open
30 May 2016 Others ₹1.00 Cr Open
01 Jul 2014 Corporation Bank ₹5.20 M Open

How Many Employees Work at Desara Design?

Desara Design has a workforce of 30 employees as of Mar 25, 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 Desara Design, 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 Desara Design'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 Desara Design

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Desara Design Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 10.00 M registered on 30 May 2016 with Charge ID 100029631 was modified on 10 Nov 2023.

    10 Nov 2023

  • Charges

    A charge with Others amounted to Rs. 1.31 M with Charge ID 100643356 was registered on 16 Nov 2022.

    16 Nov 2022

  • Charges

    A charge with Others amounted to Rs. 0.61 M with Charge ID 100606282 was registered on 15 Sep 2022.

    15 Sep 2022

  • Charges

    A charge with Others amounted to Rs. 1.59 M with Charge ID 100050883 was registered on 02 Sep 2016.

    02 Sep 2016

Frequently asked questions

  • Desara Design Private Limited was incorporated on 12 Aug 2011.

  • The authorized share capital of Desara Design Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Desara Design Private Limited.

    • Basave Gowda Satheesh
    • Kadamblike Karunakara Shetty Ranjith Shetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Desara Design Private Limited is No 919 Bharani Industrial Estate 7Th Mile Chikkabegur Gate India, Hosur Road, Karnataka, 560068.

  • The corporate identification number (CIN) of Desara Design Private Limited is U36998KA2011PTC059972 and the company number is 059972 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Desara Design Private Limited is https://www.desaradesign.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Desara Design Private Limited has risen by 50.21%.

  • As Per 2023 financial reports, 30 employees are currently employed by Desara Design Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Desara Design Private Limited has experienced an upsurge of 8.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Desara Design Private Limited amount to ₹ 2.17 Cr.

  • The most recent Balance Sheet for Desara Design Private Limited was filed with the ROC on 31 Mar 2024.

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