Dovetail Furniture Private Limited

Designs and delivers furniture and fixtures for retail, education, and hospitality industries.

1994 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Dovetail Furniture Profile

Key Indicators

  • Authorised Capital ₹ 3.76 Cr
  • Paid Up Capital ₹ 0.30 M
  • Company Age 30 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.25 Cr
  • Satisfied Charges ₹ 15.09 Cr
  • Revenue Growth 46.56%
  • Profit Growth -9.83%
  • Ebitda -1.30%
  • Net Worth -405.68%
  • Total Assets 7.16%

About Dovetail Furniture

Dovetail Furniture Private Limited (DFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 September 1994 and has a history of 30 years and five 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 2023. It's a company limited by shares with an authorized capital of Rs 3.76 Cr and a paid-up capital of Rs 0.30 M.

The company currently has active open charges totaling ₹4.25 Cr. The company has closed loans amounting to ₹15.09 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dasari Kumar and Musunuri Prasad serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    dovetail.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U03610KA1994PTC016294

  • Company No.

    016294

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Sep 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables

What products or services does Dovetail Furniture Private Limited offer?

Dovetail Furniture Private Limited offers a wide range of products and services, including Office Tables, Reception Table, Prefabricated Houses & Structures, Portable Cabins, School Benches And Desks, School Desk, School Furniture, Library Furniture, Institutional Furniture.

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

Board Members (2)

NameDesignationAppointment DateStatus
Musunuri Prasad Country flag representing In Additional Director 06-Apr-2024Current
Dasari Kumar Country flag representing In Additional Director 06-Apr-2024Current

Financial Performance of Dovetail Furniture.

Dovetail Furniture Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 46.56% increase. The company also saw a slight decrease in profitability, with a 9.83% decrease in profit. The company's net worth observed a substantial decline by a decrease of 405.68%.

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
46.56%
Revenue from Operations
46.64%
Total Assets
7.16%
Profit or Loss
-9.83%
Net Worth
-405.68%
EBITDA
-1.30%

What is the Ownership and Shareholding Structure of Dovetail Furniture?

In 2023, Dovetail 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

₹4.25 Cr

Satisfied Charges

₹15.09 Cr

Charges Breakdown by Lending Institutions

  • Uti Bank Limited : 3.70 Cr
  • Indian Overseas Bank : 0.24 Cr
  • Indina Overseas Bank : 0.20 Cr
  • Vijaya Bank : 0.11 Cr

Latest Charge Details

DateLenderAmountStatus
26 Sep 2005Uti Bank Limited₹4.00 MOpen
17 Mar 2004Uti Bank Limited₹3.30 CrOpen
12 Apr 2001Indina Overseas Bank₹2.00 MOpen
18 Dec 2000Indian Overseas Bank₹0.60 MOpen
18 Dec 2000Indian Overseas Bank₹0.60 MOpen

How Many Employees Work at Dovetail Furniture?

Dovetail Furniture has a workforce of 67 employees as of Apr 10, 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 Dovetail 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 Dovetail 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 Dovetail Furniture

Recent activity within the organization

  • Director Appointment

    Dasari Naresh Kumar was appointed as a Additional Director was appointed as a Additional Director on 06 Apr 2024 & has been associated with this company since 10 months 17 days .

    06 Apr 2024

  • Director Appointment

    Musunuri Ramakrishna Prasad was appointed as a Additional Director was appointed as a Additional Director on 06 Apr 2024 & has been associated with this company since 10 months 17 days .

    06 Apr 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge registered on 04 Aug 2008 via Charge ID 10124578 with Axis Bank Limited was fully satisfied on 16 Sep 2023.

    16 Sep 2023

  • Charges

    A charge registered on 15 Jun 2004 via Charge ID 80028512 with Axis Bank Limited was fully satisfied on 16 Sep 2023.

    16 Sep 2023

  • Charges

    A charge registered on 17 Mar 2004 via Charge ID 80041223 with Axis Bank Limited was fully satisfied on 16 Sep 2023.

    16 Sep 2023

Frequently asked questions

  • Dovetail Furniture Private Limited was incorporated on 22 Sep 1994.

  • The authorized share capital of Dovetail Furniture Private Limited is ₹ 3.76 Cr and paid-up capital is ₹ 0.30 M.

  • Currently 2 directors are associated with Dovetail Furniture Private Limited.

    • Dasari Naresh Kumar
    • Musunuri Ramakrishna Prasad
  • As per Ministry of Corporate Affairs (Mca), the registered address of Dovetail Furniture Private Limited is Sy.No. 78/3 Ramakrishnapura Road Iggalur Chandapura Post, Taluk India, Anekal, Karnataka, 562106.

  • The corporate identification number (CIN) of Dovetail Furniture Private Limited is U03610KA1994PTC016294 and the company number is 016294 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Dovetail Furniture Private Limited is https://www.dovetail.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Dovetail Furniture Private Limited has risen by 46.56%.

  • As Per 2023 financial reports, 67 employees are currently employed by Dovetail Furniture Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Dovetail Furniture Private Limited has experienced an downturn of -405.68%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Dovetail Furniture Private Limited amount to ₹ 4.25 Cr.

  • The most recent Balance Sheet for Dovetail Furniture Private Limited was filed with the ROC on 31 Mar 2023.

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