Furnmart Ventures Private Limited

Furniture trading company based in Bangalore, established in 2021.

2021 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Furnmart Ventures Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 3 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 0.87 M
  • Revenue Growth 368.41%
  • Profit Growth 7480.96%
  • Ebitda 8.53%
  • Net Worth 730.96%
  • Total Assets 90.30%

About Furnmart Ventures

Furnmart Ventures Private Limited (FVPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 October 2021 (Three years and four months 2 days old ). Its registered office is in Bangaluru, Karnataka, 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 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹0.87 M.

Rakesh Agarwal and Ayush Agarwal serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52399KA2021PTC152873

  • Company No.

    152873

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Oct 2021

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Furnmart Ventures?

Board Members (2)

Name Designation Appointment Date Status
Rakesh Agarwal Country flag representing In Director 08-Oct-2021 Current
Ayush Agarwal Country flag representing In Director 08-Oct-2021 Current

Financial Performance of Furnmart Ventures.

Furnmart Ventures Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 368.41% increase. The company also saw a substantial improvement in profitability, with a 7480.96% increase in profit. The company's net worth Soared by an impressive increase of 730.96%.

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
368.41%
Revenue from Operations
368.41%
Total Assets
90.30%
Profit or Loss
7480.96%
Net Worth
730.96%
EBITDA
8.53%

What is the Ownership and Shareholding Structure of Furnmart Ventures?

Unlock access to Furnmart Ventures's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.87 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.09 Cr

Latest Charge Details

Date Lender Amount Status
14 Jun 2023 Others ₹0.87 M Open

How Many Employees Work at Furnmart Ventures?

Furnmart Ventures has a workforce of 0 employees as of Apr 07, 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 Furnmart Ventures, 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 Furnmart Ventures'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 Furnmart Ventures

Recent activity within the organization

  • Annual General Meeting

    Furnmart Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 0.87 M with Charge ID 100737465 was registered on 14 Jun 2023.

    14 Jun 2023

  • Balance Sheet

    Furnmart Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Rakesh Agarwal was appointed as a Director was appointed as a Director on 08 Oct 2021 & has been associated with this company since 3 years 4 months .

    08 Oct 2021

  • Director Appointment

    Ayush Agarwal was appointed as a Director was appointed as a Director on 08 Oct 2021 & has been associated with this company since 3 years 4 months .

    08 Oct 2021

  • Company Incorporation

    Furnmart Ventures Private Limited was registered on 08 Oct 2021 with Roc Bangalore & aged 3 years 4 months as per MCA records.

    08 Oct 2021

Frequently asked questions

  • Furnmart Ventures Private Limited was incorporated on 08 Oct 2021.

  • The authorized share capital of Furnmart Ventures Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Furnmart Ventures Private Limited.

    • Rakesh Agarwal
    • Ayush Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Furnmart Ventures Private Limited is Site No 5Bc 302 Hrbr Layout 3Rd Block, Ring Road India, Bangalore, Karnataka, 560084.

  • The corporate identification number (CIN) of Furnmart Ventures Private Limited is U52399KA2021PTC152873 and the company number is 152873 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Furnmart Ventures Private Limited has risen by 368.41%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Furnmart Ventures Private Limited has experienced an upsurge of 730.96%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Furnmart Ventures Private Limited amount to ₹ 0.87 M.

  • The most recent Balance Sheet for Furnmart Ventures Private Limited was filed with the ROC on 31 Mar 2023.