Kanika Furniture Private Limited

Manufactures and sells furniture for homes, offices, and hotels to various clients.

2003 | Baleswar, Odisha (India) | Active
Last Updated: January 02, 2025

Kanika Furniture Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 3.44 Cr
  • Company Age 21 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.87 Cr
  • Satisfied Charges ₹ 4.86 Cr
  • Revenue Growth 7.41%
  • Profit Growth 36.21%
  • Ebitda 45.58%
  • Net Worth 4.84%
  • Total Assets 2.72%

About Kanika Furniture

Kanika Furniture Private Limited (KFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 October 2003 and has a history of 21 years and three months. Its registered office is in Baleswar, Odisha, 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 3.50 Cr and a paid-up capital of Rs 3.44 Cr.

The company currently has active open charges totaling ₹11.87 Cr. The company has closed loans amounting to ₹4.86 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bimal Agarwalla and Ritesh Agarwalla serve as directors at the Company.

Company Details

  • Location

    Baleswar, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kanikafurniture.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U00342OR2003PTC007355

  • Company No.

    007355

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Oct 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Consumer Electronics & Durables

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

Executive Team (1)

Name Designation Appointment Date Status
Bimal Agarwalla Country flag representing In Managing Director 29-Oct-2003 Current

Board Members (1)

Name Designation Appointment Date Status
Ritesh Agarwalla Country flag representing In Director 30-Sep-2009 Current

Financial Performance of Kanika Furniture.

Kanika Furniture Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 7.41% increase. The company also saw a substantial improvement in profitability, with a 36.21% increase in profit. The company's net worth moved up by a moderate rise of 4.84%.

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
7.41%
Revenue from Operations
11.23%
Total Assets
2.72%
Profit or Loss
36.21%
Net Worth
4.84%
EBITDA
45.58%

What is the Ownership and Shareholding Structure of Kanika Furniture?

In 2022, Kanika Furniture 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

₹11.87 Cr

Satisfied Charges

₹4.86 Cr

Charges Breakdown by Lending Institutions

  • Uco Bank : 11.29 Cr
  • Others : 0.58 Cr

Latest Charge Details

Date Lender Amount Status
06 Nov 2023 Others ₹0.90 M Open
23 Mar 2023 Others ₹4.86 M Open
15 Jan 2004 Uco Bank ₹11.29 Cr Open
23 Mar 2016 Uco Bank ₹3.00 M Satisfied
12 Jan 2016 Uco Bank ₹3.00 Cr Satisfied

How Many Employees Work at Kanika Furniture?

Kanika Furniture has a workforce of 24 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 Kanika Furniture, 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 Kanika Furniture'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 Kanika Furniture

Recent activity within the organization

  • Annual General Meeting

    Kanika Furniture Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Kanika Furniture Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.09 Cr with Charge ID 100871039 was registered on 06 Nov 2023.

    06 Nov 2023

  • Charges

    A charge with Uco Bank of Rs. 11.29 Cr registered on 15 Jan 2004 with Charge ID 90081248 was modified on 28 Jul 2023.

    28 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 0.49 Cr with Charge ID 100744893 was registered on 23 Mar 2023.

    23 Mar 2023

  • Charges

    A charge registered on 30 May 2012 via Charge ID 10358309 with Small Industries Bank Of India was fully satisfied on 01 Feb 2021.

    01 Feb 2021

Frequently asked questions

  • Kanika Furniture Private Limited was incorporated on 29 Oct 2003.

  • The authorized share capital of Kanika Furniture Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 3.44 Cr.

  • Currently 2 directors are associated with Kanika Furniture Private Limited.

    • Bimal Kumar Agarwalla
    • Ritesh Kumar Agarwalla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kanika Furniture Private Limited is Chunabhatigopalgaon India, Balasore, Orissa, 756001.

  • The corporate identification number (CIN) of Kanika Furniture Private Limited is U00342OR2003PTC007355 and the company number is 007355 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kanika Furniture Private Limited is https://www.kanikafurniture.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Kanika Furniture Private Limited has risen by 7.41%.

  • As Per 2022 financial reports, 24 employees are currently employed by Kanika Furniture Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Kanika Furniture Private Limited has experienced an upsurge of 4.84%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Kanika Furniture Private Limited amount to ₹ 11.87 Cr.

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

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