Korada Furniture Company Private Limited

This company manufactures and sells a variety of furniture and household items.

2007 | Dharwad, Karnataka (India) | Active
Last Updated: December 29, 2024

Korada Furniture Company Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 0.10 M
  • Company Age 17 Year, 9 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 4.96 Cr
  • Revenue Growth 11.19%
  • Profit Growth 33.32%
  • Ebitda -15.37%
  • Net Worth -11.72%
  • Total Assets -82.15%

About Korada Furniture Company

Korada Furniture Company Private Limited (KFCPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 May 2007 and has a history of 17 years and nine months. Its registered office is in Dharwad, Karnataka, 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 2017. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹4.96 Cr.

Ratnabai Kotekar and Balkrishna Kotekar serve as directors at the Company.

Company Details

  • Location

    Dharwad, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    koradafurniture.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U20299KA2007PTC042807

  • Company No.

    042807

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 May 2007

  • Date of AGM

    29 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables

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

Board Members (2)

NameDesignationAppointment DateStatus
Ratnabai Kotekar Country flag representing In Director 15-May-2007Current
Balkrishna Kotekar Country flag representing In Director 15-May-2007Current

Financial Performance of Korada Furniture Company.

Korada Furniture Company Private Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 11.19% increase. The company also saw a substantial improvement in profitability, with a 33.32% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.72%.

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
11.19%
Revenue from Operations
6.78%
Total Assets
-82.15%
Profit or Loss
33.32%
Net Worth
-11.72%
EBITDA
-15.37%

What is the Ownership and Shareholding Structure of Korada Furniture Company?

In 2017, Korada Furniture Company 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

₹4.96 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of Mysore : 4.96 Cr

Latest Charge Details

DateLenderAmountStatus
25 Nov 2010State Bank Of Mysore₹4.60 CrOpen
25 Nov 2010State Bank Of Mysore₹3.60 MOpen

How Many Employees Work at Korada Furniture Company?

Unlock and access historical data on people associated with Korada Furniture Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Korada Furniture Company, 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 Korada Furniture Company'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 Korada Furniture Company

Recent activity within the organization

  • Annual General Meeting

    Korada Furniture Company Private Limited last Annual general meeting of members was held on 29 Sep 2017 as per latest MCA records.

    29 Sep 2017

  • Balance Sheet

    Korada Furniture Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Bangalore.

    31 Mar 2017

  • Charges

    A charge with State Bank Of Mysore amounted to Rs. 4.60 Cr with Charge ID 10256802 was registered on 25 Nov 2010.

    25 Nov 2010

  • Charges

    A charge with State Bank Of Mysore amounted to Rs. 0.36 Cr with Charge ID 10362261 was registered on 25 Nov 2010.

    25 Nov 2010

  • Director Appointment

    Ratnabai Dattatreya Kotekar was appointed as a Director was appointed as a Director on 15 May 2007 & has been associated with this company since 17 years 9 months .

    15 May 2007

  • Director Appointment

    Balkrishna Kotekar was appointed as a Director was appointed as a Director on 15 May 2007 & has been associated with this company since 17 years 9 months .

    15 May 2007

Frequently asked questions

  • Korada Furniture Company Private Limited was incorporated on 15 May 2007.

  • The authorized share capital of Korada Furniture Company Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Korada Furniture Company Private Limited.

    • Ratnabai Dattatreya Kotekar
    • Balkrishna Kotekar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Korada Furniture Company Private Limited is At Kotagondahunasi Near Kundagol Cross Off P B Road, India, Hubli, Karnataka, 580023.

  • The corporate identification number (CIN) of Korada Furniture Company Private Limited is U20299KA2007PTC042807 and the company number is 042807 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Korada Furniture Company Private Limited is https://www.koradafurniture.com

  • According to the financial reports for the fiscal year 2017, the revenue trend for Korada Furniture Company Private Limited has risen by 11.19%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Korada Furniture Company Private Limited has experienced an downturn of -11.72%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Korada Furniture Company Private Limited amount to ₹ 4.96 Cr.

  • The most recent Balance Sheet for Korada Furniture Company Private Limited was filed with the ROC on 31 Mar 2017.