Majestic Handicrafts Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 0.46 M
- Company Age 20 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.00 Cr
- Revenue Growth -38.87%
- Profit Growth -61.56%
- Ebitda -387.90%
- Net Worth 1.14%
- Total Assets 5.46%
About Majestic Handicrafts
Majestic Handicrafts Private Limited (MHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 June 2004 and has a history of 20 years and seven months. Its registered office is in Delhi, India.
The Corporate was formerly known as Magestic Handicrafts Private Limited. The Company is engaged in the Home & Lifestyle Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 0.46 M.
The company currently has active open charges totaling ₹5.00 Cr.
Harpal Gambhir and Harmeet Gambhir serve as directors at the Company.
Company Details
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Location
Delhi, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U28996DL2004PTC126909
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Company No.
126909
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
14 Jun 2004
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Majestic Handicrafts?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harpal Gambhir
|
Director | 04-May-2020 | Current |
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Harmeet Gambhir
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Director | 01-Apr-2012 | Current |
Financial Performance of Majestic Handicrafts.
Majestic Handicrafts Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 38.87% decrease. The company also saw a substantial fall in profitability, with a 61.56% decrease in profit. The company's net worth moved up by a moderate rise of 1.14%.
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What is the Ownership and Shareholding Structure of Majestic Handicrafts?
In 2023, Majestic Handicrafts had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Umaxe Projects Private LimitedHarpal Gambhir is a mutual person
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Design And Tech Builders Pvt LtdHarpal Gambhir is a mutual person
Charges (Loans)
₹5.00 Cr
₹0
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jun 2021 | Yes Bank Limited | ₹5.00 Cr | Open |
How Many Employees Work at Majestic Handicrafts?
Majestic Handicrafts has a workforce of 12 employees as of Apr 06, 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 Majestic Handicrafts, 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 Handicrafts'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.
