Mandovi Furnitures Private Limited

Founded in 2019 and headquartered in Karnataka, India.

2019 | Dharwad, Karnataka (India) | Active
Last Updated: October 24, 2024

Mandovi Furnitures Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 5 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.30 Cr
  • Revenue Growth 25.75%
  • Profit Growth -12.06%
  • Ebitda 137.94%
  • Net Worth 62.34%
  • Total Assets 207.45%

About Mandovi Furnitures

Mandovi Furnitures Private Limited (MFPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 April 2019 (Five years and ten months 7 days old ). 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.30 Cr.

Arun Rao, Raju Rao, Shalini Rao, and One other member serve as directors at the Company.

Company Details

  • Location

    Dharwad, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36995KA2019PTC123210

  • Company No.

    123210

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Apr 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Mandovi Furnitures?

Board Members (4)

Name Designation Appointment Date Status
Arun Rao Country flag representing In Director 22-May-2019 Current
Raju Rao Country flag representing In Director 04-Apr-2019 Current
Shalini Rao Country flag representing In Director 04-Apr-2019 Current
Amit Rao Country flag representing In Director 04-Apr-2019 Current

Financial Performance of Mandovi Furnitures.

Mandovi Furnitures Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.75% increase. The company also saw a substantial fall in profitability, with a 12.06% decrease in profit. The company's net worth Soared by an impressive increase of 62.34%.

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
25.75%
Revenue from Operations
25.71%
Total Assets
207.45%
Profit or Loss
-12.06%
Net Worth
62.34%
EBITDA
137.94%

What is the Ownership and Shareholding Structure of Mandovi Furnitures?

In 2023, Mandovi Furnitures 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

₹13.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 1.30 Cr

Latest Charge Details

Date Lender Amount Status
20 Mar 2023 Canara Bank ₹1.04 Cr Open
02 Mar 2023 Canara Bank ₹2.60 M Open

How Many Employees Work at Mandovi Furnitures?

Unlock and access historical data on people associated with Mandovi Furnitures, 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 Mandovi Furnitures, 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 Mandovi Furnitures'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 Mandovi Furnitures

Recent activity within the organization

  • Charges

    A charge with Canara Bank of Rs. 10.40 M registered on 20 Mar 2023 with Charge ID 100710960 was modified on 08 Dec 2023.

    08 Dec 2023

  • Annual General Meeting

    Mandovi Furnitures Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Mandovi Furnitures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 10.40 M with Charge ID 100710960 was registered on 20 Mar 2023.

    20 Mar 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 2.60 M with Charge ID 100725563 was registered on 02 Mar 2023.

    02 Mar 2023

  • Director Appointment

    Arun Raju Rao was appointed as a Director was appointed as a Director on 22 May 2019 & has been associated with this company since 5 years 8 months .

    22 May 2019

Frequently asked questions

  • Mandovi Furnitures Private Limited was incorporated on 04 Apr 2019.

  • The authorized share capital of Mandovi Furnitures Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Mandovi Furnitures Private Limited.

    • Arun Raju Rao
    • Raju Ganapathi Rao
    • Shalini Rao
    • Amit Raju Rao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mandovi Furnitures Private Limited is Plotno-15 Omnilaya 2Ndcross Laxminagar, India, Dharwad, Karnataka, 580004.

  • The corporate identification number (CIN) of Mandovi Furnitures Private Limited is U36995KA2019PTC123210 and the company number is 123210 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mandovi Furnitures Private Limited has risen by 25.75%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mandovi Furnitures Private Limited has experienced an upsurge of 62.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mandovi Furnitures Private Limited amount to ₹ 1.30 Cr.

  • The most recent Balance Sheet for Mandovi Furnitures Private Limited was filed with the ROC on 31 Mar 2023.