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Furnitech Seating Systems (India) Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.50 M
- Company Age 28 Year, 1 Day
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.29 Cr
- Satisfied Charges ₹ 2.50 Cr
- Revenue Growth 21.22%
- Profit Growth -87.86%
- Ebitda -60.08%
- Net Worth 6.81%
- Total Assets 22.44%
About Furnitech Seating Systems (India)
Furnitech Seating Systems (India) Private Limited (FSSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 March 1997 and has a history of 28 years. Its registered office is in Pune, Maharashtra, India.
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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.50 M.
The company currently has active open charges totaling ₹7.29 Cr. The company has closed loans amounting to ₹2.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dhawal Shah and Jinal Shah serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U36101PN1997PTC106268
- Company No.
106268
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Mar 1997
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Consumer Electronics & Durables
What products or services does Furnitech Seating Systems (India) Private Limited offer?
Furnitech Seating Systems (India) Private Limited offers a wide range of products and services, including Recliner, Recliner Chairs, Furniture Sofa, Lounge Sofa, Two Seater Sofa, Center Tables, Designer Center Table, Poufs and Ottomans, Round Ottoman, Bar Stool & Chair.
Who are the key members and board of directors at Furnitech Seating Systems (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dhawal Shah  | Managing Director | 30-Sep-1997 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jinal Shah | Whole-Time Director | 26-Mar-2012 | Current |
Financial Performance of Furnitech Seating Systems (India).
Furnitech Seating Systems (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.22% increase. The company also saw a substantial fall in profitability, with a 87.86% decrease in profit. The company's net worth moved up by a moderate rise of 6.81%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Furnitech Seating Systems (India)?
In 2023, Furnitech Seating Systems (India) 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)
Minthomez Retail India Private LimitedDhawal Shah and Jinal Shah are mutual person
Charges (Loans)
Open Charges
₹72.93 M
Satisfied Charges
₹25.00 M
Charges Breakdown by Lending Institutions
- Others : 7.29 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2018 | Others | ₹7.29 Cr | Open |
| 21 Apr 2015 | Idbi Bank Limited | ₹2.50 Cr | Satisfied |
How Many Employees Work at Furnitech Seating Systems (India)?
Unlock and access historical data on people associated with Furnitech Seating Systems (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Furnitech Seating Systems (India), 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 Furnitech Seating Systems (India)'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 Furnitech Seating Systems (India)
Recent activity within the organization
- Charges
A charge with Others of Rs. 72.93 M registered on 28 Sep 2018 with Charge ID 100207283 was modified on 26 Oct 2023.
- Annual General Meeting
Furnitech Seating Systems (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Furnitech Seating Systems (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
- Charges
A charge registered on 21 Apr 2015 via Charge ID 10587759 with Idbi Bank Limited was fully satisfied on 15 May 2019.
- Charges
A charge with Others amounted to Rs. 72.93 M with Charge ID 100207283 was registered on 28 Sep 2018.
- Charges
A charge with Idbi Bank Limited of Rs. 25.00 M registered on 21 Apr 2015 with Charge ID 10587759 was modified on 14 Dec 2017.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Furnitech Seating Systems (India) Private Limited?
Furnitech Seating Systems (India) Private Limited was incorporated on 03 Mar 1997.
What is authorized share capital and paid-up capital of Furnitech Seating Systems (India) Private Limited?
The authorized share capital of Furnitech Seating Systems (India) Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.50 M.
Who are the current board members & directors of Furnitech Seating Systems (India) Private Limited?
Currently 2 directors are associated with Furnitech Seating Systems (India) Private Limited.
- Dhawal Shah
- Jinal Dhawalkumar Shah
What is the registered address of Furnitech Seating Systems (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Furnitech Seating Systems (India) Private Limited is 63/2 Shivrainagar Near Mahesh Sanskrutik Bhavan Opp Vit Hostel Kondhwa Budruk, India, Pune, Maharashtra, 411048.
What is the corporate identification number (CIN) and company number of Furnitech Seating Systems (India) Private Limited?
The corporate identification number (CIN) of Furnitech Seating Systems (India) Private Limited is U36101PN1997PTC106268 and the company number is 106268 as per Ministry of Corporate Affairs (MCA).
What is the official website of Furnitech Seating Systems (India) Private Limited?
The Official website of Furnitech Seating Systems (India) Private Limited is https://www.furnitechseating.com
What has been the recent revenue trend for Furnitech Seating Systems (India) Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Furnitech Seating Systems (India) Private Limited has risen by 21.22%.
What change has been observed in the net worth of Furnitech Seating Systems (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Furnitech Seating Systems (India) Private Limited has experienced an upsurge of 6.81%.
What are the total open charges for Furnitech Seating Systems (India) Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Furnitech Seating Systems (India) Private Limited amount to ₹ 7.29 Cr.
When was the last Balance Sheet of Furnitech Seating Systems (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Furnitech Seating Systems (India) Private Limited was filed with the ROC on 31 Mar 2023.
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