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Furnitech Seating Systems (India) Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
as on 16-11-2024
- Paid Up Capital ₹ 4.50 M
as on 16-11-2024
- Company Age 27 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.29 Cr
as on 16-11-2024
- Satisfied Charges ₹ 2.50 Cr
as on 16-11-2024
- Revenue 21.22%
(FY 2023)
- Profit -87.86%
(FY 2023)
- Ebitda -60.08%
(FY 2023)
- Net Worth 6.81%
(FY 2023)
- Total Assets 22.44%
(FY 2023)
About Furnitech Seating Systems (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.
- 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
Company Details
- Location
Pune, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
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 LimitedActive 5 years 4 monthsDhawal Shah and Jinal Shah are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 28 Sep 2018 | ₹7.29 Cr | Open |
Idbi Bank Limited Creation Date: 21 Apr 2015 | ₹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.
