Metrostar Furniture Private Limited

Manufactures and sells furniture through distributors and e-commerce in India.

2018 | Vadodara, Gujarat (India) | Active
Last Updated: July 28, 2024

Metrostar Furniture Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.22 M
  • Company Age 6 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.49 Cr
  • Satisfied Charges ₹ 3.50 M
  • Revenue Growth -13.56%
  • Profit Growth 192.66%
  • Ebitda 91.99%
  • Net Worth -0.68%
  • Total Assets 16.52%

About Metrostar Furniture

Metrostar Furniture Private Limited (MFPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 05 November 2018 (Six years and two months 29 days old ). Its registered office is in Vadodara, Gujarat, 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 2.50 M and a paid-up capital of Rs 1.22 M.

The company currently has active open charges totaling ₹1.49 Cr. The company has closed loans amounting to ₹3.50 M, as per Ministry of Corporate Affairs (MCA) records.

Abbasali Baldiwala, Aliasgar Baldiwala, and Rubina Barodawala serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U36101GJ2018PTC105107

  • Company No.

    105107

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Nov 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Electronics & Durables

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

Board Members (3)

Name Designation Appointment Date Status
Abbasali Baldiwala Country flag representing In Director 05-Nov-2018 Current
Aliasgar Baldiwala Country flag representing In Director 05-Nov-2018 Current
Rubina Barodawala Country flag representing In Director 05-Nov-2018 Current

Financial Performance of Metrostar Furniture.

Metrostar Furniture Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.56% decrease. The company also saw a substantial improvement in profitability, with a 192.66% increase in profit. The company's net worth dipped by a decrease of 0.68%.

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
-13.56%
Revenue from Operations
-14.04%
Total Assets
16.52%
Profit or Loss
192.66%
Net Worth
-0.68%
EBITDA
91.99%

What is the Ownership and Shareholding Structure of Metrostar Furniture?

In 2023, Metrostar 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

₹14.90 M

Satisfied Charges

₹3.50 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.99 Cr
  • State Bank Of India : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
28 Jun 2023 Axis Bank Limited ₹9.90 M Open
16 Aug 2022 State Bank Of India ₹5.00 M Open
24 Jan 2020 Others ₹3.50 M Satisfied

How Many Employees Work at Metrostar Furniture?

Unlock and access historical data on people associated with Metrostar Furniture, 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 Metrostar 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 Metrostar 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 Metrostar Furniture

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 9.90 M with Charge ID 100740692 was registered on 28 Jun 2023.

    28 Jun 2023

  • Balance Sheet

    Metrostar Furniture Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 24 Jan 2020 via Charge ID 100322196 with Others was fully satisfied on 20 Aug 2022.

    20 Aug 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 5.00 M with Charge ID 100603743 was registered on 16 Aug 2022.

    16 Aug 2022

  • Charges

    A charge with Others amounted to Rs. 3.50 M with Charge ID 100322196 was registered on 24 Jan 2020.

    24 Jan 2020

Frequently asked questions

  • Metrostar Furniture Private Limited was incorporated on 05 Nov 2018.

  • The authorized share capital of Metrostar Furniture Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.22 M.

  • Currently 3 directors are associated with Metrostar Furniture Private Limited.

    • Abbasali Hebtulla Baldiwala
    • Aliasgar Abbasali Baldiwala
    • Rubina Nasir Barodawala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Metrostar Furniture Private Limited is E-16 Road 1 S Ind Estate Ajwa Road, Vadodara, Gujarat, India, 390019.

  • The corporate identification number (CIN) of Metrostar Furniture Private Limited is U36101GJ2018PTC105107 and the company number is 105107 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Metrostar Furniture Private Limited is https://www.homdecfurniture.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Metrostar Furniture Private Limited has fallen by -13.56%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Metrostar Furniture Private Limited has experienced an downturn of -0.68%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Metrostar Furniture Private Limited amount to ₹ 1.49 Cr.

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