Majestic Furnishing Company Limited

Manufactures and sells furniture made from various materials, established in 1996 in Tamil Nadu.

1996 | Tamil Nadu 602025, Tamil Nadu (India) | Active
Last Updated:

Majestic Furnishing Company Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 7.68 Cr
  • Company Age 28 Year, 8 Months
  • Last Filing with ROC 31 Mar 2019
  • Satisfied Charges ₹ 16.00 Cr
  • Revenue Growth %
  • Profit Growth 7363.33%
  • Ebitda -18540.47%
  • Net Worth 16.94%
  • Total Assets -98.16%

About Majestic Furnishing Company

Majestic Furnishing Company Limited (MFCL) is a Public Limited Indian Non-Government Company incorporated in India on 19 September 1996 and has a history of 28 years and eight months. Its registered office is in Tamil Nadu 602025, Tamil Nadu.

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 2019. It's a company limited by shares with an authorized capital of Rs 9.00 Cr and a paid-up capital of Rs 7.68 Cr.

The company has closed loans amounting to ₹16.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Suneel, Kuppan Rajasekar, and Arumugam Annamalai serve as directors at the Company.

Company Details

  • Location Tamil Nadu 602025, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36101TN1996PLC036590

  • Company No.

    036590

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Sep 1996

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Electronics & Durables
Company report

Majestic Furnishing Company Limited

Explore comprehensive data for Majestic Furnishing Company Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Majestic Furnishing Company?

Board Members (3)

NameDesignationAppointment DateStatus
Suneel Country flag representing In Additional Director 01-Jun-2019Current
Kuppan Rajasekar Country flag representing In Additional Director 01-Jun-2019Current
Arumugam Annamalai Country flag representing In Additional Director 03-Mar-2021Current

Financial Performance of Majestic Furnishing Company.

Majestic Furnishing Company Limited, for the financial year ended 2019, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 7363.33% increase in profit. The company's net worth Soared by an impressive increase of 16.94%.

Majestic Furnishing Company revenue growth over time
Majestic Furnishing Company 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
Revenue from Operations
Total Assets
-98.16%
Profit or Loss
7363.33%
Net Worth
16.94%
EBITDA
-18540.47%

What is the Ownership and Shareholding Structure of Majestic Furnishing Company?

In 2019, Majestic Furnishing 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

₹0

Satisfied Charges

₹16.00 Cr

Charges Breakdown by Lending Institutions

  • Oman International Bank S.A.O.G. : 14.40 Cr
  • Evergreen Entertainers Private Limited : 1.60 Cr

Latest Charge Details

DateLenderAmountStatus
16 Sep 2005Evergreen Entertainers Private Limited₹1.60 CrSatisfied
10 Jul 1997Oman International Bank S.A.O.G.₹7.20 CrSatisfied
10 Jul 1997Oman International Bank S.A.O.G.₹7.20 CrSatisfied

How Many Employees Work at Majestic Furnishing Company?

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

Employee growth trends for Majestic Furnishing Company Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Majestic Furnishing 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 Majestic Furnishing 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 Majestic Furnishing Company

Recent activity within the organization

  • Director Appointment

    Arumugam Annamalai was appointed as a Additional Director was appointed as a Additional Director on 03 Mar 2021 & has been associated with this company since 4 years 2 months .

  • Annual General Meeting

    Majestic Furnishing Company Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

  • Director Appointment

    Suneel was appointed as a Additional Director was appointed as a Additional Director on 01 Jun 2019 & has been associated with this company since 5 years 11 months .

  • Director Appointment

    Kuppan Rajasekar was appointed as a Additional Director was appointed as a Additional Director on 01 Jun 2019 & has been associated with this company since 5 years 11 months .

  • Balance Sheet

    Majestic Furnishing Company Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai.

  • Charges

    A charge registered on 16 Sep 2005 via Charge ID 10175247 with Evergreen Entertainers Private Limited was fully satisfied on 10 Mar 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Majestic Furnishing Company Limited?

    Majestic Furnishing Company Limited was incorporated on 19 Sep 1996.

  • What is authorized share capital and paid-up capital of Majestic Furnishing Company Limited?

    The authorized share capital of Majestic Furnishing Company Limited is ₹ 9.00 Cr and paid-up capital is ₹ 7.68 Cr.

  • Who are the current board members & directors of Majestic Furnishing Company Limited?

    Currently 3 directors are associated with Majestic Furnishing Company Limited.

    • Suneel
    • Kuppan Rajasekar
    • Arumugam Annamalai

  • What is the registered address of Majestic Furnishing Company Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Majestic Furnishing Company Limited is Aranvoyal Villagetiruvallur Dist. India, Tamil Nadu 602025.

  • What is the corporate identification number (CIN) and company number of Majestic Furnishing Company Limited?

    The corporate identification number (CIN) of Majestic Furnishing Company Limited is U36101TN1996PLC036590 and the company number is 036590 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Majestic Furnishing Company Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Majestic Furnishing Company Limited has experienced an upsurge of 16.94%.

  • When was the last Balance Sheet of Majestic Furnishing Company Limited filed with the ROC?

    The most recent Balance Sheet for Majestic Furnishing Company Limited was filed with the ROC on 31 Mar 2019.

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