Floating Walls Private Limited

Manufacturer of home decor and furnishings, including carpets, curtains, and bedding.

2011 | Bangaluru, Karnataka (India) | Active
Last Updated: January 01, 2025

Floating Walls Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 13 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.52 Cr
  • Satisfied Charges ₹ 5.50 Cr
  • Revenue Growth 2.91%
  • Profit Growth 80.29%
  • Ebitda 20.40%
  • Net Worth 54.86%
  • Total Assets 5.37%

About Floating Walls

Floating Walls Private Limited (FWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 November 2011 and has a history of 13 years and two months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Home & Lifestyle 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹11.52 Cr. The company has closed loans amounting to ₹5.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Surendra Agarwal, Pankaj Tulsyan, Prabhat Tulsyan, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    floatingwalls.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2011PTC061300

  • Company No.

    061300

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Nov 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Home & Lifestyle

Who are the key members and board of directors at Floating Walls?

Board Members (4)

Name Designation Appointment Date Status
Surendra Agarwal Country flag representing In Director 23-Nov-2011 Current
Pankaj Tulsyan Country flag representing In Director 23-Nov-2011 Current
Prabhat Tulsyan Country flag representing In Whole-Time Director 23-Nov-2011 Current
Praveen Kumar Country flag representing In Whole-Time Director 02-Apr-2012 Current

Financial Performance of Floating Walls.

Floating Walls Private Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 2.91% increase. The company also saw a substantial improvement in profitability, with a 80.29% increase in profit. The company's net worth Soared by an impressive increase of 54.86%.

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
2.91%
Revenue from Operations
2.95%
Total Assets
5.37%
Profit or Loss
80.29%
Net Worth
54.86%
EBITDA
20.40%

What is the Ownership and Shareholding Structure of Floating Walls?

In 2021, Floating Walls 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

₹115.20 M

Satisfied Charges

₹55.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 8.25 Cr
  • Axis Bank Limited : 3.27 Cr

Latest Charge Details

Date Lender Amount Status
12 Oct 2023 Hdfc Bank Limited ₹4.00 Cr Open
21 Mar 2023 Hdfc Bank Limited ₹2.50 M Open
01 Dec 2021 Axis Bank Limited ₹3.27 Cr Open
20 Oct 2018 Hdfc Bank Limited ₹4.00 Cr Open
23 Mar 2015 Hdfc Bank Limited ₹3.00 Cr Satisfied

How Many Employees Work at Floating Walls?

Floating Walls has a workforce of 56 employees as of Apr 08, 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 Floating Walls, 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 Floating Walls'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 Floating Walls

Recent activity within the organization

  • Annual General Meeting

    Floating Walls Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Floating Walls Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 40.00 M with Charge ID 100818898 was registered on 12 Oct 2023.

    12 Oct 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.50 M with Charge ID 100748605 was registered on 21 Mar 2023.

    21 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 32.70 M with Charge ID 100514105 was registered on 01 Dec 2021.

    01 Dec 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 40.00 M with Charge ID 100217868 was registered on 20 Oct 2018.

    20 Oct 2018

Frequently asked questions

  • Floating Walls Private Limited was incorporated on 23 Nov 2011.

  • The authorized share capital of Floating Walls Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Floating Walls Private Limited.

    • Surendra Agarwal
    • Pankaj Kumar Tulsyan
    • Prabhat Kumar Tulsyan
    • Praveen Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Floating Walls Private Limited is No 458/2-A Ngr Layout Rupena Agrahara Bommanahalli Village, Begur Hobli India, Bangalore, Karnataka, 560068.

  • The corporate identification number (CIN) of Floating Walls Private Limited is U74999KA2011PTC061300 and the company number is 061300 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Floating Walls Private Limited is https://www.floatingwalls.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Floating Walls Private Limited has risen by 2.91%.

  • As Per 2021 financial reports, 56 employees are currently employed by Floating Walls Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Floating Walls Private Limited has experienced an upsurge of 54.86%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Floating Walls Private Limited amount to ₹ 11.52 Cr.

  • The most recent Balance Sheet for Floating Walls Private Limited was filed with the ROC on 31 Mar 2024.

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