Furniture Kraft International Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 8.16 Cr
- Company Age 17 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 35.86 Cr
- Satisfied Charges ₹ 6.42 Cr
- Revenue Growth 24.15%
- Profit Growth 76.19%
- Ebitda -37.62%
- Net Worth 57.80%
- Total Assets 5.87%
About Furniture Kraft International
Furniture Kraft International Private Limited (FKIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 November 2007 and has a history of 17 years and two months. Its registered office is in Mumbai, 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 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 8.16 Cr.
The company currently has active open charges totaling ₹35.86 Cr. The company has closed loans amounting to ₹6.42 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mustufa Merchant, Hatimbhai Merchant, Abbas Merchant, and Two other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U36102MH2007PTC176342
- Company No.
176342
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Nov 2007
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Furniture Kraft International Private Limited offer?
Furniture Kraft International Private Limited offers a wide range of products and services, including Stamps & Collectible Coins, Antique Furniture, Metal Furniture Suppliers, Metal Bed, Kitchen & Dining Furniture, Dining Table & Chair, Study Table, Computer Table, Beds, Modular Bed.
Who are the key members and board of directors at Furniture Kraft International?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mustufa Merchant  | Managing Director | 30-Nov-2007 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Hatimbhai Merchant | Director | 30-Nov-2007 | Current |
| Abbas Merchant | Director | 15-May-2009 | Current |
| Abbas Sahiwala | Director | 15-May-2009 | Current |
| Yusuf Tinwala | Director | 16-Mar-2024 | Current |
Financial Performance of Furniture Kraft International.
Furniture Kraft International Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 24.15% increase. The company also saw a substantial improvement in profitability, with a 76.19% increase in profit. The company's net worth Soared by an impressive increase of 57.8%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Furniture Kraft International?
In 2023, Furniture Kraft International had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Urban Living Seating Private LimitedMustufa Merchant and Abbas Merchant are mutual person
Modern Furniture Works India LlpMustufa Merchant and Abbas Merchant are mutual person
Charges (Loans)
₹35.86 Cr
₹6.42 Cr
Charges Breakdown by Lending Institutions
- Others : 32.76 Cr
- The Shamrao Vithal Co-Operative Bank Ltd. : 1.75 Cr
- The Shamrao Vithal Co-Op. Bank Ltd. : 1.25 Cr
- Union Bank Of India : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Aug 2019 | Others | ₹2.00 M | Open |
| 18 Jan 2018 | Others | ₹1.50 Cr | Open |
| 17 Feb 2014 | The Shamrao Vithal Co-Operative Bank Ltd. | ₹1.75 Cr | Open |
| 11 Feb 2011 | The Shamrao Vithal Co-Op. Bank Ltd. | ₹1.50 M | Open |
| 23 Nov 2010 | The Shamrao Vithal Co-Op. Bank Ltd. | ₹7.50 M | Open |
How Many Employees Work at Furniture Kraft International?
Furniture Kraft International has a workforce of 65 employees as of Apr 03, 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 Furniture Kraft International, 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 Furniture Kraft International'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.
