Grace Furnishings Private Limited

Manufacturer of furniture with registered office in Delhi since 1993.

1993 | Delhi (India) | Active
Last Updated:

Grace Furnishings Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 32 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.31 Cr
  • Satisfied Charges ₹ 10.82 Cr
  • Revenue Growth -32.67%
  • Profit Growth -227.68%
  • Ebitda -501.03%
  • Net Worth -54.93%
  • Total Assets -1.05%

About Grace Furnishings

Grace Furnishings Private Limited (GFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 March 1993 and has a history of 32 years and one month. Its registered office is in Delhi, 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹7.31 Cr. The company has closed loans amounting to ₹10.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

Meenakshi Goyal, Simran Goyal, Sagar Goyal, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U18101DL1993PTC052487

  • Company No.

    052487

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 1993

  • Date of AGM

    16 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Electronics & Durables

What products or services does Grace Furnishings Private Limited offer?

Grace Furnishings Private Limited offers a wide range of products and services, including Metal Furniture Suppliers, Metal Dining Table & Chair, Bedroom Furniture & Bedroom Sets, Beds, Kitchen & Dining Furniture, Kitchen Cabinets.

Company report

Grace Furnishings Private Limited

Explore comprehensive data for Grace Furnishings Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Grace Furnishings?

Executive Team (1)

NameDesignationAppointment DateStatus
Deepak Goyal Country flag representing In Managing Director15-Dec-1995Current

Board Members (3)

NameDesignationAppointment DateStatus
Meenakshi Goyal Country flag representing In Director 10-Mar-1993Current
Simran Goyal Country flag representing In Director 10-Jun-2022Current
Sagar Goyal Country flag representing In Director 02-Apr-2018Current

Financial Performance of Grace Furnishings.

Grace Furnishings Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 32.67% decrease. The company also saw a substantial fall in profitability, with a 227.68% decrease in profit. The company's net worth observed a substantial decline by a decrease of 54.93%.

Grace Furnishings revenue growth over time
Grace Furnishings 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
-32.67%
Revenue from Operations
-31.16%
Total Assets
-1.05%
Profit or Loss
-227.68%
Net Worth
-54.93%
EBITDA
-501.03%

What is the Ownership and Shareholding Structure of Grace Furnishings?

In 2021, Grace Furnishings had a promoter holding of 80.76% and a public holding of 19.24%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹73.12 M

Satisfied Charges

₹108.22 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 7.13 Cr
  • Others : 0.18 Cr

Latest Charge Details

DateLenderAmountStatus
24 Dec 2023Axis Bank Limited₹7.13 CrOpen
27 Aug 2023Others₹1.82 MOpen
24 Jul 2020Axis Bank Limited₹4.85 CrSatisfied
25 May 2015Intec Capital Limited₹2.45 MSatisfied
26 Aug 2013Bajaj Finance Limited₹2.95 CrSatisfied

How Many Employees Work at Grace Furnishings?

Grace Furnishings has a workforce of 119 employees as of Apr 04, 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 Grace Furnishings Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Grace Furnishings, 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 Grace Furnishings'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 Grace Furnishings

Recent activity within the organization

  • Annual General Meeting

    Grace Furnishings Private Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Grace Furnishings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 71.30 M with Charge ID 100874765 was registered on 24 Dec 2023.

  • Charges

    A charge registered on 24 Jul 2020 via Charge ID 100358230 with Axis Bank Limited was fully satisfied on 24 Nov 2023.

  • Charges

    A charge with Others amounted to Rs. 1.82 M with Charge ID 100803930 was registered on 27 Aug 2023.

  • Charges

    A charge registered on 26 Aug 2013 via Charge ID 10447289 with Bajaj Finance Limited was fully satisfied on 07 Oct 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Grace Furnishings Private Limited?

    Grace Furnishings Private Limited was incorporated on 10 Mar 1993.

  • What is authorized share capital and paid-up capital of Grace Furnishings Private Limited?

    The authorized share capital of Grace Furnishings Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Who are the current board members & directors of Grace Furnishings Private Limited?

    Currently 4 directors are associated with Grace Furnishings Private Limited.

    • Meenakshi Goyal
    • Simran Goyal
    • Sagar Goyal
    • Deepak Goyal

  • What is the registered address of Grace Furnishings Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Grace Furnishings Private Limited is 3/51 Ram Gali Vishwash Nagar Shahdara Angels Pubic School, India, Delhi, 110032.

  • What is the corporate identification number (CIN) and company number of Grace Furnishings Private Limited?

    The corporate identification number (CIN) of Grace Furnishings Private Limited is U18101DL1993PTC052487 and the company number is 052487 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Grace Furnishings Private Limited?

    The Official website of Grace Furnishings Private Limited is https://www.mobelgrace.in

  • What has been the recent revenue trend for Grace Furnishings Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Grace Furnishings Private Limited has fallen by -32.67%.

  • How many employees does Grace Furnishings Private Limited currently have?

    As Per 2021 financial reports, 119 employees are currently employed by Grace Furnishings Private Limited.

  • What change has been observed in the net worth of Grace Furnishings Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Grace Furnishings Private Limited has experienced an downturn of -54.93%.

  • What are the total open charges for Grace Furnishings Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Grace Furnishings Private Limited amount to ₹ 7.31 Cr.

  • When was the last Balance Sheet of Grace Furnishings Private Limited filed with the ROC?

    The most recent Balance Sheet for Grace Furnishings Private Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Furniture Manufacturing