Eastern Rug Company Private Limited

Manufactures, trades, and exports carpets, rugs, leather, and leather products since 1990 in Mumbai.

1990 | Mumbai, Maharashtra (India) | Active
Last Updated: July 02, 2024

Eastern Rug Company Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 34 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 36.35 Cr
  • Revenue Growth 14.29%
  • Profit Growth 48.34%
  • Ebitda 36.36%
  • Net Worth 46.40%
  • Total Assets -2.55%

About Eastern Rug Company

Eastern Rug Company Private Limited (ERCPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 June 1990 and has a history of 34 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services 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 M and a paid-up capital of Rs 0.50 M.

The company has closed loans amounting to ₹36.35 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Kiran Datwani and Sunil Datwani serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U19110MH1990PTC056996

  • Company No.

    056996

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jun 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Eastern Rug Company?

Board Members (2)

Name Designation Appointment Date Status
Sunil Datwani Country flag representing In Director 14-Oct-1996 Current
Kiran Datwani Country flag representing In Additional Director 23-Dec-2016 Current

Financial Performance of Eastern Rug Company.

Eastern Rug Company Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.29% increase. The company also saw a substantial improvement in profitability, with a 48.34% increase in profit. The company's net worth Soared by an impressive increase of 46.4%.

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
14.29%
Revenue from Operations
14.29%
Total Assets
-2.55%
Profit or Loss
48.34%
Net Worth
46.40%
EBITDA
36.36%

What is the Ownership and Shareholding Structure of Eastern Rug Company?

In 2023, Eastern Rug Company 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

₹0

Satisfied Charges

₹363.50 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 30.20 Cr
  • Allahabad Bank : 6.15 Cr

Latest Charge Details

Date Lender Amount Status
22 Aug 2007 Hdfc Bank Limited ₹30.20 Cr Satisfied
14 Aug 2006 Allahabad Bank ₹4.25 Cr Satisfied
18 Mar 1998 Allahabad Bank ₹1.90 Cr Satisfied

How Many Employees Work at Eastern Rug Company?

Unlock and access historical data on people associated with Eastern Rug Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Eastern Rug Company, 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 Eastern Rug Company'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 Eastern Rug Company

Recent activity within the organization

  • Charges

    A charge registered on 22 Aug 2007 via Charge ID 10069571 with Hdfc Bank Limited was fully satisfied on 08 Feb 2024.

    08 Feb 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Eastern Rug Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Kiran Sunil Datwani was appointed as a Additional Director was appointed as a Additional Director on 23 Dec 2016 & has been associated with this company since 8 years 1 month .

    23 Dec 2016

  • Charges

    A charge with Hdfc Bank Limited of Rs. 302.00 M registered on 22 Aug 2007 with Charge ID 10069571 was modified on 24 Jul 2013.

    24 Jul 2013

  • Charges

    A charge registered on 14 Aug 2006 via Charge ID 10019388 with Allahabad Bank was fully satisfied on 27 May 2008.

    27 May 2008

Frequently asked questions

  • Eastern Rug Company Private Limited was incorporated on 25 Jun 1990.

  • The authorized share capital of Eastern Rug Company Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Eastern Rug Company Private Limited.

    • Kiran Sunil Datwani
    • Sunil Vasudev Datwani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Eastern Rug Company Private Limited is 7 Kakad Palace31 Turner Rd Bandra, Mumbai, Maharashtra, India, 400050.

  • The corporate identification number (CIN) of Eastern Rug Company Private Limited is U19110MH1990PTC056996 and the company number is 056996 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Eastern Rug Company Private Limited has risen by 14.29%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Eastern Rug Company Private Limited has experienced an upsurge of 46.40%.

  • The most recent Balance Sheet for Eastern Rug Company Private Limited was filed with the ROC on 31 Mar 2023.

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