Eurotech Design Systems Private Limited

Designs and manufactures furniture, including office seating, systems furniture, and retail shelving systems.

1988 | New Mumbai, Maharashtra (India) | Active
Last Updated:

Eurotech Design Systems Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 4.00 M
  • Company Age 36 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 12.50 Cr
  • Satisfied Charges ₹ 8.25 Cr
  • Revenue Growth 61.19%
  • Profit Growth 64.53%
  • Ebitda 18.28%
  • Net Worth 9.35%
  • Total Assets 24.82%

About Eurotech Design Systems

Eurotech Design Systems Private Limited (EDSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 July 1988 and has a history of 36 years and eight months. Its registered office is in New Mumbai, Maharashtra.

The Corporate was formerly known as Parmar Bros.Furnitech Private Limited. 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 7.50 M and a paid-up capital of Rs 4.00 M.

The company currently has active open charges totaling ₹12.50 Cr. The company has closed loans amounting to ₹8.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vasant Savla, Vishesh Savla, and Harshadkumar Mehta serve as directors at the Company.

Company Details

  • Location New Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36100MH1988PTC048169

  • Company No.

    048169

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jul 1988

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables

What products or services does Eurotech Design Systems Private Limited offer?

Eurotech Design Systems Private Limited offers a wide range of products and services, including Office Furniture, Office Chairs, Waiting Chairs, Visitor Chair.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Harshadkumar Mehta Country flag representing In Managing Director14-Dec-1989Current

Board Members (2)

NameDesignationAppointment DateStatus
Vasant Savla Country flag representing In Director 01-Oct-2007Current
Vishesh Savla Country flag representing In Director 01-Nov-2022Current

Financial Performance of Eurotech Design Systems.

Eurotech Design Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 61.19% increase. The company also saw a substantial improvement in profitability, with a 64.53% increase in profit. The company's net worth moved up by a moderate rise of 9.35%.

Eurotech Design Systems revenue growth over time
Eurotech Design Systems 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
61.19%
Revenue from Operations
61.22%
Total Assets
24.82%
Profit or Loss
64.53%
Net Worth
9.35%
EBITDA
18.28%

What is the Ownership and Shareholding Structure of Eurotech Design Systems?

In 2023, Eurotech Design Systems 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

₹125.00 M

Satisfied Charges

₹82.50 M

Charges Breakdown by Lending Institutions

  • Others : 12.50 Cr

Latest Charge Details

DateLenderAmountStatus
08 May 2024Others₹7.00 CrOpen
18 Nov 2014Others₹5.50 CrOpen
10 Mar 2011Indian Overseas Bank₹2.25 CrSatisfied
21 Jul 2007Citibank N. A.₹3.00 CrSatisfied
31 May 2006Citibank N.A.₹3.00 CrSatisfied

How Many Employees Work at Eurotech Design Systems?

Eurotech Design Systems has a workforce of 26 employees as of Apr 07, 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.

Employee growth trends for Eurotech Design Systems Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Eurotech Design Systems, 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 Eurotech Design Systems'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 Eurotech Design Systems

Recent activity within the organization

  • Annual General Meeting

    Eurotech Design Systems Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 70.00 M with Charge ID 100957116 was registered on 08 May 2024.

  • Balance Sheet

    Eurotech Design Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Vishesh Vasant Savla was appointed as a Director was appointed as a Director on 01 Nov 2022 & has been associated with this company since 2 years 4 months .

  • Charges

    A charge with Others of Rs. 55.00 M registered on 18 Nov 2014 with Charge ID 10561025 was modified on 16 Aug 2017.

  • Charges

    A charge registered on 10 Mar 2011 via Charge ID 10278534 with Indian Overseas Bank was fully satisfied on 07 Oct 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Eurotech Design Systems Private Limited?

    Eurotech Design Systems Private Limited was incorporated on 20 Jul 1988.

  • What is authorized share capital and paid-up capital of Eurotech Design Systems Private Limited?

    The authorized share capital of Eurotech Design Systems Private Limited is ₹ 7.50 M and paid-up capital is ₹ 4.00 M.

  • Who are the current board members & directors of Eurotech Design Systems Private Limited?

    Currently 3 directors are associated with Eurotech Design Systems Private Limited.

    • Vasant Ramjibhai Savla
    • Vishesh Vasant Savla
    • Harshadkumar Labhshankar Mehta

  • What is the registered address of Eurotech Design Systems Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Eurotech Design Systems Private Limited is 179/A Midc Industrial Area Khairane, India, New Mumbai, Maharashtra.

  • What is the corporate identification number (CIN) and company number of Eurotech Design Systems Private Limited?

    The corporate identification number (CIN) of Eurotech Design Systems Private Limited is U36100MH1988PTC048169 and the company number is 048169 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Eurotech Design Systems Private Limited?

    The Official website of Eurotech Design Systems Private Limited is https://www.eurotechworld.com

  • What has been the recent revenue trend for Eurotech Design Systems Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Eurotech Design Systems Private Limited has risen by 61.19%.

  • How many employees does Eurotech Design Systems Private Limited currently have?

    As Per 2023 financial reports, 26 employees are currently employed by Eurotech Design Systems Private Limited.

  • What change has been observed in the net worth of Eurotech Design Systems Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Eurotech Design Systems Private Limited has experienced an upsurge of 9.35%.

  • What are the total open charges for Eurotech Design Systems Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Eurotech Design Systems Private Limited amount to ₹ 12.50 Cr.

  • When was the last Balance Sheet of Eurotech Design Systems Private Limited filed with the ROC?

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

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