Furniture Kraft International Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 8.16 Cr
- Company Age 17 Year, 5 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 five 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
Consumer Electronics & Durables
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.
Furniture Kraft International Private Limited
Explore comprehensive data for Furniture Kraft International Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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)
Open Charges
₹35.86 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Furniture Kraft International
Recent activity within the organization
- Annual General Meeting
Furniture Kraft International Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Furniture Kraft International Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Yusuf Mohammed Tinwala was appointed as a Director was appointed as a Director on 16 Mar 2024 & has been associated with this company since 1 year 2 months .
- Charges
A charge with Others of Rs. 18.56 Cr registered on 04 Jan 2010 with Charge ID 10195603 was modified on 08 Jan 2024.
- Charges
A charge with Others of Rs. 12.50 Cr registered on 27 Jul 2009 with Charge ID 10171969 was modified on 08 Jan 2024.
- Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100287746 was registered on 21 Aug 2019.
Frequently asked questions
What is the Incorporation or founding date of Furniture Kraft International Private Limited?
Furniture Kraft International Private Limited was incorporated on 30 Nov 2007.
What is authorized share capital and paid-up capital of Furniture Kraft International Private Limited?
The authorized share capital of Furniture Kraft International Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.16 Cr.
Who are the current board members & directors of Furniture Kraft International Private Limited?
Currently 5 directors are associated with Furniture Kraft International Private Limited.
- Mustufa Hatimbhai Merchant
- Hatimbhai Ebrahim Merchant
- Abbas Hatim Merchant
- Abbas Mohammedhusain Sahiwala
- Yusuf Mohammed Tinwala
What is the registered address of Furniture Kraft International Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Furniture Kraft International Private Limited is Unit No. 217/8 2Nd Floor Vasan Udyog Bhavan Sitaram Jadhav Marg, Lower Parel (W) India, Mumbai, Maharashtra, 400013.
What is the corporate identification number (CIN) and company number of Furniture Kraft International Private Limited?
The corporate identification number (CIN) of Furniture Kraft International Private Limited is U36102MH2007PTC176342 and the company number is 176342 as per Ministry of Corporate Affairs (MCA).
What is the official website of Furniture Kraft International Private Limited?
The Official website of Furniture Kraft International Private Limited is https://www.furniturekraft.com
What has been the recent revenue trend for Furniture Kraft International Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Furniture Kraft International Private Limited has risen by 24.15%.
How many employees does Furniture Kraft International Private Limited currently have?
As Per 2022 financial reports, 65 employees are currently employed by Furniture Kraft International Private Limited.
What change has been observed in the net worth of Furniture Kraft International Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Furniture Kraft International Private Limited has experienced an upsurge of 57.80%.
What are the total open charges for Furniture Kraft International Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Furniture Kraft International Private Limited amount to ₹ 35.86 Cr.
When was the last Balance Sheet of Furniture Kraft International Private Limited filed with the ROC?
The most recent Balance Sheet for Furniture Kraft International Private Limited was filed with the ROC on 31 Mar 2024.
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