Furtados Music (India) Private Limited

Specializes in retail of musical instruments and related products, with various brands.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated:

Furtados Music (India) Profile

Key Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 15.30 Cr
  • Company Age 17 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 39.60 Cr
  • Satisfied Charges ₹ 6.06 Cr
  • Revenue Growth 43.13%
  • Profit Growth 94.92%
  • Ebitda 95.52%
  • Net Worth -6.23%
  • Total Assets 14.87%

About Furtados Music (India)

Furtados Music (India) Private Limited (FMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 May 2007 and has a history of 17 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the E-Commerce 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 16.00 Cr and a paid-up capital of Rs 15.30 Cr.

The company currently has active open charges totaling ₹39.60 Cr. The company has closed loans amounting to ₹6.06 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Furtados Music (India) Private Limited India are Sonam Panchwani as COMPANY SECRETARY and Sonam Panchwani as Company Secretary. Christopher Gomes, Anthony Gomes, Antoinette Gomes, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    furtadosonline.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909MH2007PTC170700

  • Company No.

    170700

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 May 2007

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

E-Commerce

What products or services does Furtados Music (India) Private Limited offer?

Furtados Music (India) Private Limited offers a wide range of products and services, including Audio Mixer, Recorder & Transmitter, Outdoor Speaker, Musical Equipment & Accessories, Guitar.

Who are the key members and board of directors at Furtados Music (India)?

Executive Team (2)

NameDesignationAppointment DateStatus
Sonam Panchwani Country flag representing In Company Secretary01-Apr-2019Current
Sonam Panchwani Company Secretary01-Apr-2019Current

Board Members (7)

NameDesignationAppointment DateStatus
Christopher Gomes Country flag representing In Director 17-Jul-2007Current
Anthony Gomes Country flag representing In Director 09-May-2007Current
Antoinette Gomes Country flag representing In Director 09-May-2007Current
Nonabel Gomes Country flag representing In Director 17-Jul-2007Current
Joseph Gomes Country flag representing In Director 17-Jul-2007Current
Harichandas Sachin Country flag representing In Director 27-Dec-2007Current

Financial Performance of Furtados Music (India).

Furtados Music (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 43.13% increase. The company also saw a substantial improvement in profitability, with a 94.92% increase in profit. The company's net worth dipped by a decrease of 6.23%.

Furtados Music (India) revenue growth over time
Furtados Music (India) 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
43.13%
Revenue from Operations
41.24%
Total Assets
14.87%
Profit or Loss
94.92%
Net Worth
-6.23%
EBITDA
95.52%

What is the Ownership and Shareholding Structure of Furtados Music (India)?

In 2023, Furtados Music (India) had a promoter holding of 90.31% and a public holding of 9.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹39.60 Cr

Satisfied Charges

₹6.06 Cr

Charges Breakdown by Lending Institutions

  • Others : 39.60 Cr

Latest Charge Details

DateLenderAmountStatus
18 Sep 2008Others₹39.60 CrOpen
05 May 2017Others₹0.61 MSatisfied
22 Sep 2009Citizencredit Co-Operative Bank Ltd.-Marol Branch₹6.00 CrSatisfied

How Many Employees Work at Furtados Music (India)?

Furtados Music (India) has a workforce of 162 employees as of Apr 05, 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.

Employee growth trends for Furtados Music (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Furtados Music (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 Furtados Music (India)'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 Furtados Music (India)

Recent activity within the organization

  • Annual General Meeting

    Furtados Music (India) Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Furtados Music (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge registered on 05 May 2017 via Charge ID 100100447 with Others was fully satisfied on 10 Jun 2021.

  • Director Appointment

    Sonam Panchwani was appointed as a Company Secretary was appointed as a Company Secretary on 01 Apr 2019 & has been associated with this company since 5 years 11 months .

  • Charges

    A charge with Others of Rs. 39.60 Cr registered on 18 Sep 2008 with Charge ID 10124132 was modified on 31 Oct 2018.

  • Charges

    A charge registered on 22 Sep 2009 via Charge ID 10179750 with Citizencredit Co-Operative Bank Ltd.-Marol Branch was fully satisfied on 22 Feb 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Furtados Music (India) Private Limited?

    Furtados Music (India) Private Limited was incorporated on 09 May 2007.

  • What is authorized share capital and paid-up capital of Furtados Music (India) Private Limited?

    The authorized share capital of Furtados Music (India) Private Limited is ₹ 16.00 Cr and paid-up capital is ₹ 15.30 Cr.

  • Who are the current board members & directors of Furtados Music (India) Private Limited?

    Currently 9 directors are associated with Furtados Music (India) Private Limited.

    • Christopher Gomes
    • Anthony Louis Gomes
    • Antoinette Georges Gomes
    • Nonabel John Gomes
    • Joseph John Gomes
    • Harichandas Sachin
    • Mamta Vani
    • Sonam Deepak Panchwani
    • Sonam Panchwani

  • What is the registered address of Furtados Music (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Furtados Music (India) Private Limited is Unit No. 4 Floor 1St 6/8 Dwarka Ashish, Kalbadevi Road Jambulwadi Kalbadevi, Mumbai, Maharashtra, India, 400002.

  • What is the corporate identification number (CIN) and company number of Furtados Music (India) Private Limited?

    The corporate identification number (CIN) of Furtados Music (India) Private Limited is U51909MH2007PTC170700 and the company number is 170700 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Furtados Music (India) Private Limited?

    The Official website of Furtados Music (India) Private Limited is https://www.furtadosonline.com

  • What has been the recent revenue trend for Furtados Music (India) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Furtados Music (India) Private Limited has risen by 43.13%.

  • How many employees does Furtados Music (India) Private Limited currently have?

    As Per 2023 financial reports, 162 employees are currently employed by Furtados Music (India) Private Limited.

  • What change has been observed in the net worth of Furtados Music (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Furtados Music (India) Private Limited has experienced an downturn of -6.23%.

  • What are the total open charges for Furtados Music (India) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Furtados Music (India) Private Limited amount to ₹ 39.60 Cr.

  • When was the last Balance Sheet of Furtados Music (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Furtados Music (India) Private Limited was filed with the ROC on 31 Mar 2023.

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