Featherlite Products Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 43 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 44.87 Cr
- Satisfied Charges ₹ 18.64 Cr
- Revenue Growth 20.61%
- Profit Growth 31.17%
- Ebitda 15.54%
- Net Worth 22.02%
- Total Assets 32.76%
About Featherlite Products
Featherlite Products Private Limited (FPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 May 1981 and has a history of 43 years and nine months. Its registered office is in Bangalore, Karnataka.
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 ₹44.87 Cr. The company has closed loans amounting to ₹18.64 Cr, as per Ministry of Corporate Affairs (MCA) records.
Manohar Gopal, Dhiren Gopal, Jawahar Gopal, and One other member serve as directors at the Company.
Company Details
- Location Bangalore, Karnataka
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U20101KA1981PTC004243
- Company No.
004243
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 May 1981
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Consumer Electronics & Durables
Who are the key members and board of directors at Featherlite Products?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manohar Gopal  | Director | 20-Dec-1999 | Current |
| Dhiren Gopal | Director | 10-Oct-1992 | Current |
| Jawahar Gopal | Director | 10-Oct-1992 | Current |
| Kush Jawahar | Director | 20-Jan-2016 | Current |
Financial Performance of Featherlite Products.
Featherlite Products Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 20.61% increase. The company also saw a substantial improvement in profitability, with a 31.17% increase in profit. The company's net worth Soared by an impressive increase of 22.02%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Featherlite Products?
In 2022, Featherlite Products had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Nirvana Private LimitedKush Jawahar is a mutual person
Target Associates Private LimitedJawahar Gopal and Kush Jawahar are mutual person
Studio-F Interiors Private LimitedManohar Gopal, Dhiren Gopal and 1 more are mutual person
- Featherlite Seating Systems Private Limited
Manohar Gopal, Dhiren Gopal and 1 more are mutual person
- Featherlite Office 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
Charges (Loans)
Open Charges
₹448.74 M
Satisfied Charges
₹186.42 M
Charges Breakdown by Lending Institutions
- Others : 26.47 Cr
- Standard Chartered Bank : 18.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Nov 2022 | Others | ₹1.22 Cr | Open |
| 05 Nov 2019 | Standard Chartered Bank | ₹18.40 Cr | Open |
| 14 Jun 2016 | Others | ₹25.25 Cr | Open |
| 06 Aug 2021 | Hdfc Bank Limited | ₹1.42 M | Satisfied |
| 14 Mar 2011 | State Bank Of India | ₹10.00 Cr | Satisfied |
How Many Employees Work at Featherlite Products?
Featherlite Products has a workforce of 107 employees as of Mar 22, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Featherlite Products, 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 Products'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 Products
Recent activity within the organization
- Annual General Meeting
Featherlite Products Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 252.50 M registered on 14 Jun 2016 with Charge ID 100037446 was modified on 26 Sep 2024.
- Charges
A charge registered on 06 Aug 2021 via Charge ID 100489808 with Hdfc Bank Limited was fully satisfied on 07 Aug 2024.
- Balance Sheet
Featherlite Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Others amounted to Rs. 12.24 M with Charge ID 100684731 was registered on 15 Nov 2022.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.42 M with Charge ID 100489808 was registered on 06 Aug 2021.
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 Products Private Limited?
Featherlite Products Private Limited was incorporated on 30 May 1981.
What is authorized share capital and paid-up capital of Featherlite Products Private Limited?
The authorized share capital of Featherlite Products Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Featherlite Products Private Limited?
Currently 4 directors are associated with Featherlite Products Private Limited.
- Manohar Gopal
- Dhiren Gopal
- Jawahar Gopal
- Kush Jawahar
What is the registered address of Featherlite Products Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Featherlite Products Private Limited is No. 16A K.K.M.P. Building Millers Road Vasanth Nagar, India, Bangalore, Karnataka, 560052.
What is the corporate identification number (CIN) and company number of Featherlite Products Private Limited?
The corporate identification number (CIN) of Featherlite Products Private Limited is U20101KA1981PTC004243 and the company number is 004243 as per Ministry of Corporate Affairs (MCA).
What is the official website of Featherlite Products Private Limited?
The Official website of Featherlite Products Private Limited is https://www.featherlitefurniture.com
What has been the recent revenue trend for Featherlite Products Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Featherlite Products Private Limited has risen by 20.61%.
How many employees does Featherlite Products Private Limited currently have?
As Per 2022 financial reports, 107 employees are currently employed by Featherlite Products Private Limited.
What change has been observed in the net worth of Featherlite Products Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Featherlite Products Private Limited has experienced an upsurge of 22.02%.
What are the total open charges for Featherlite Products Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Featherlite Products Private Limited amount to ₹ 44.87 Cr.
When was the last Balance Sheet of Featherlite Products Private Limited filed with the ROC?
The most recent Balance Sheet for Featherlite Products Private Limited was filed with the ROC on 31 Mar 2024.