Hof Furniture System Private Limited

Manufacturer of steel furniture, premium chairs, executive desks, and leather sofas for various clients.

2006 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 19, 2024

Hof Furniture System Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.74 Cr
  • Company Age 18 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 29.70 Cr
  • Satisfied Charges ₹ 34.37 Cr
  • Revenue Growth 18.96%
  • Profit Growth 107.58%
  • Ebitda 51.56%
  • Net Worth 6.16%
  • Total Assets 11.25%

About Hof Furniture System

Hof Furniture System Private Limited (HFSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 February 2006 and has a history of 18 years and 11 months. Its registered office is in Ahmedabad, Gujarat, 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 2.00 Cr and a paid-up capital of Rs 1.74 Cr.

The company currently has active open charges totaling ₹29.70 Cr. The company has closed loans amounting to ₹34.37 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajesh Patel, Krunal Patel, Sanket Patel, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36100GJ2006PTC047729

  • Company No.

    047729

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Feb 2006

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Electronics & Durables

What products or services does Hof Furniture System Private Limited offer?

Hof Furniture System Private Limited offers a wide range of products and services, including Hospital and Medical Furniture, Hospital Tables, Medical Trolley, Hospital Bed and Mattress, Hospital Furniture, Electronic Safes & Security Systems, Storage Lockers, Hospital Equipment.

Who are the key members and board of directors at Hof Furniture System?

Executive Team (1)

Name Designation Appointment Date Status
Harshadkumar Kakadia Country flag representing In Managing Director 02-Apr-2018 Current

Board Members (5)

Name Designation Appointment Date Status
Sanket Patel Country flag representing In Whole-Time Director 22-Nov-2006 Current
Rajesh Patel Country flag representing In Director 25-Feb-2006 Current
Krunal Patel Country flag representing In Whole-Time Director 25-Feb-2006 Current
Pravin Patel Country flag representing In Director 02-Apr-2018 Current
Dhruvin Patel Country flag representing In Whole-Time Director 02-Apr-2018 Current

Financial Performance of Hof Furniture System.

Hof Furniture System Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 18.96% increase. The company also saw a substantial improvement in profitability, with a 107.58% increase in profit. The company's net worth moved up by a moderate rise of 6.16%.

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
18.96%
Revenue from Operations
19.63%
Total Assets
11.25%
Profit or Loss
107.58%
Net Worth
6.16%
EBITDA
51.56%

What is the Ownership and Shareholding Structure of Hof Furniture System?

In 2022, Hof Furniture System had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹29.70 Cr

Satisfied Charges

₹34.37 Cr

Charges Breakdown by Lending Institutions

  • Others : 29.14 Cr
  • Hdfc Bank Limited : 0.56 Cr

Latest Charge Details

Date Lender Amount Status
02 Sep 2024 Hdfc Bank Limited ₹1.75 M Open
20 Aug 2024 Hdfc Bank Limited ₹2.85 M Open
22 May 2024 Hdfc Bank Limited ₹1.00 M Open
10 Jul 2020 Others ₹1.29 Cr Open
25 Mar 2019 Others ₹1.00 Cr Open

How Many Employees Work at Hof Furniture System?

Hof Furniture System has a workforce of 228 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hof Furniture System, 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 Hof Furniture System'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 Hof Furniture System

Recent activity within the organization

  • Annual General Meeting

    Hof Furniture System Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100974247 was registered on 02 Sep 2024.

    02 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.29 Cr with Charge ID 100964632 was registered on 20 Aug 2024.

    20 Aug 2024

  • Charges

    A charge with Others of Rs. 26.30 Cr registered on 16 Aug 2017 with Charge ID 100119502 was modified on 02 Aug 2024.

    02 Aug 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100924439 was registered on 22 May 2024.

    22 May 2024

  • Balance Sheet

    Hof Furniture System Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

Frequently asked questions

  • Hof Furniture System Private Limited was incorporated on 15 Feb 2006.

  • The authorized share capital of Hof Furniture System Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.74 Cr.

  • Currently 6 directors are associated with Hof Furniture System Private Limited.

    • Rajesh Mohanlal Patel
    • Krunal Pravinbhai Patel
    • Sanket Bharatbhai Patel
    • Harshadkumar Mohanlal Kakadia
    • Pravin Harjibhai Patel
    • Dhruvin Rajeshkumar Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hof Furniture System Private Limited is Plot No. C 1 / 2 Steel Town Opp.Nova Petrochem Sarkhej Bawla Road, India, Moraiya, Gujarat, 382210.

  • The corporate identification number (CIN) of Hof Furniture System Private Limited is U36100GJ2006PTC047729 and the company number is 047729 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hof Furniture System Private Limited is https://www.hofindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Hof Furniture System Private Limited has risen by 18.96%.

  • As Per 2022 financial reports, 228 employees are currently employed by Hof Furniture System Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Hof Furniture System Private Limited has experienced an upsurge of 6.16%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Hof Furniture System Private Limited amount to ₹ 29.70 Cr.

  • The most recent Balance Sheet for Hof Furniture System Private Limited was filed with the ROC on 31 Mar 2024.

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