Featherlite Office Systems Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 31 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 47.00 Cr
- Satisfied Charges ₹ 51.19 Cr
- Revenue Growth 23.26%
- Profit Growth 70.89%
- Ebitda 7.67%
- Net Worth 48.88%
- Total Assets 44.50%
About Featherlite Office Systems
Featherlite Office Systems Private Limited (FOSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 October 1993 and has a history of 31 years and four months. Its registered office is in Bangalore, Karnataka.
The Corporate was formerly known as Featherlite Interiors 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 0.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹47.00 Cr. The company has closed loans amounting to ₹51.19 Cr, as per Ministry of Corporate Affairs (MCA) records.
Manohar Gopal, Dhiren Gopal, and Jawahar Gopal serve as directors at the Company.
Company Details
- Location Bangalore, Karnataka
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29222KA1993PTC014863
- Company No.
014863
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Oct 1993
- 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 Featherlite Office Systems Private Limited offer?
Featherlite Office Systems Private Limited offers a wide range of products and services, including Office Furniture, Office Chairs, Storage Lockers, Industrial Locker, Office Tables, Executive Table, Office Cabinets, File Cabinets, Modular Office Workstation, Office Workstation Furniture.
Who are the key members and board of directors at Featherlite Office Systems?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manohar Gopal  | Director | 20-Dec-1996 | Current |
| Dhiren Gopal | Director | 20-Dec-1996 | Current |
| Jawahar Gopal | Director | 29-Oct-1993 | Current |
Financial Performance of Featherlite Office Systems.
Featherlite Office Systems Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 23.26% increase. The company also saw a substantial improvement in profitability, with a 70.89% increase in profit. The company's net worth Soared by an impressive increase of 48.88%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Featherlite Office Systems?
In 2024, Featherlite Office Systems had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Target Associates Private LimitedJawahar Gopal is a mutual person
Studio-F Interiors Private LimitedManohar Gopal, Dhiren Gopal and 1 more are mutual person
- Featherlite Products Private Limited
Manohar Gopal, Dhiren Gopal and 1 more are mutual person
- Featherlite Seating Systems Private Limited
Manohar Gopal, Dhiren Gopal and 1 more are mutual person
Innovative Quest LlpManohar Gopal, Dhiren Gopal and 1 more are mutual person
- Integrated Labway Llp
Manohar Gopal, Dhiren Gopal and 1 more are mutual person
Charges (Loans)
Open Charges
₹470.00 M
Satisfied Charges
₹511.88 M
Charges Breakdown by Lending Institutions
- Others : 47.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Oct 2024 | Others | ₹10.00 Cr | Open |
| 16 Jul 2024 | Others | ₹10.00 Cr | Open |
| 30 Oct 2013 | Others | ₹27.00 Cr | Open |
| 13 Aug 2021 | Hdfc Bank Limited | ₹6.20 M | Satisfied |
| 14 Mar 2011 | State Bank Of India | ₹9.00 Cr | Satisfied |
How Many Employees Work at Featherlite Office Systems?
Featherlite Office Systems has a workforce of 241 employees as of Jan 11, 2025. 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Featherlite Office 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 Featherlite Office Systems's trajectory.
Rating
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
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 Featherlite Office Systems
Recent activity within the organization
- Charges
A charge with Others of Rs. 100.00 M registered on 14 Oct 2024 with Charge ID 101008656 was modified on 25 Nov 2024.
- Charges
A charge with Others of Rs. 100.00 M registered on 16 Jul 2024 with Charge ID 100955645 was modified on 25 Nov 2024.
- Charges
A charge with Others of Rs. 270.00 M registered on 30 Oct 2013 with Charge ID 10460475 was modified on 25 Nov 2024.
- Charges
A charge registered on 13 Aug 2021 via Charge ID 100485424 with Hdfc Bank Limited was fully satisfied on 07 Nov 2024.
- Charges
A charge with Others amounted to Rs. 100.00 M with Charge ID 101008656 was registered on 14 Oct 2024.
- Annual General Meeting
Featherlite Office Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Recent News, Updates & Announcement
- "Featherlite: The Fascinating Story of an Aluminium Chair Turned Leading Furniture Brand".
When you see an aluminium chair, it brings back memories of our childhood and our grandparents' homes. But did you know that this simple chair has a fascinating story of entrepreneurship behind it? Gopal Ramnarayan, the founder of Featherlite, saw the potential for aluminium garden furniture in India and started producing it in 1965. Today, Featherlite is a leading furniture brand with an annual turnover of Rs 400 Crores. They have also expanded into office and home furniture, and have a strong focus on R&D and building strong business relationships. Despite competition and changing market trends, Featherlite continues to thrive and innovate, with plans for further expansion in the future..
Frequently asked questions
What is the Incorporation or founding date of Featherlite Office Systems Private Limited?
Featherlite Office Systems Private Limited was incorporated on 29 Oct 1993.
What is authorized share capital and paid-up capital of Featherlite Office Systems Private Limited?
The authorized share capital of Featherlite Office Systems Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Featherlite Office Systems Private Limited?
Currently 3 directors are associated with Featherlite Office Systems Private Limited.
- Manohar Gopal
- Dhiren Gopal
- Jawahar Gopal
What is the registered address of Featherlite Office Systems Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Featherlite Office Systems Private Limited is Kkmp Building, 16-A Millers Road Vasanth Nagar India, Bangalore, Karnataka, 560052.
What is the corporate identification number (CIN) and company number of Featherlite Office Systems Private Limited?
The corporate identification number (CIN) of Featherlite Office Systems Private Limited is U29222KA1993PTC014863 and the company number is 014863 as per Ministry of Corporate Affairs (MCA).
What is the official website of Featherlite Office Systems Private Limited?
The Official website of Featherlite Office Systems Private Limited is https://www.featherlitefurniture.com
What has been the recent revenue trend for Featherlite Office Systems Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Featherlite Office Systems Private Limited has risen by 23.26%.
How many employees does Featherlite Office Systems Private Limited currently have?
As Per 2024 financial reports, 241 employees are currently employed by Featherlite Office Systems Private Limited.
What change has been observed in the net worth of Featherlite Office Systems Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Featherlite Office Systems Private Limited has experienced an upsurge of 48.88%.
What are the total open charges for Featherlite Office Systems Private Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Featherlite Office Systems Private Limited amount to ₹ 47.00 Cr.
When was the last Balance Sheet of Featherlite Office Systems Private Limited filed with the ROC?
The most recent Balance Sheet for Featherlite Office Systems Private Limited was filed with the ROC on 31 Mar 2024.