Grace Furnishings Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
as on 28-12-2024
- Paid Up Capital ₹ 5.00 M
as on 28-12-2024
- Company Age 31 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7.31 Cr
as on 28-12-2024
- Satisfied Charges ₹ 10.82 Cr
as on 28-12-2024
- Revenue -32.67%
(FY 2021)
- Profit -227.68%
(FY 2021)
- Ebitda -501.03%
(FY 2021)
- Net Worth -54.93%
(FY 2021)
- Total Assets -1.05%
(FY 2021)
About Grace Furnishings
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.
- 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
Company Details
- Location
Delhi, India
- Telephone
- Email Address
- Website
- Social Media
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.
Who are the key members and board of directors at Grace Furnishings?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Deepak Goyal  | Managing Director | 15-Dec-1995 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Meenakshi Goyal | Director | 10-Mar-1993 | Current |
| Simran Goyal | Director | 10-Jun-2022 | Current |
| Sagar Goyal | Director | 02-Apr-2018 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Grace Retail Private LimitedActive 15 years 11 monthsMeenakshi Goyal, Sagar Goyal and 1 more are mutual person
Charges (Loans)
₹73.12 M
₹108.22 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 7.13 Cr
- Others : 0.18 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Dec 2023 | Axis Bank Limited | ₹7.13 Cr | Open |
| 27 Aug 2023 | Others | ₹1.82 M | Open |
| 24 Jul 2020 | Axis Bank Limited | ₹4.85 Cr | Satisfied |
| 25 May 2015 | Intec Capital Limited | ₹2.45 M | Satisfied |
| 26 Aug 2013 | Bajaj Finance Limited | ₹2.95 Cr | Satisfied |
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.
Deals i
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
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.
