Mortise Furnitures Private Limited

Manufactures and provides furniture and office setup services, including retail furnishing and modular work stations.

2011 | Bangaluru, Karnataka (India) | Active
Last Updated:

Mortise Furnitures Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 13 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.69 M
  • Revenue Growth 143.37%
  • Profit Growth 359.17%
  • Ebitda 167.11%
  • Net Worth 7.38%
  • Total Assets 18.59%

About Mortise Furnitures

Mortise Furnitures Private Limited (MFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 November 2011 and has a history of 13 years and four months. Its registered office is in Bangaluru, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company has closed loans amounting to ₹3.69 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sushruth Untugodu and Basani Ganavi serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36102KA2011PTC061115

  • Company No.

    061115

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Nov 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables

What products or services does Mortise Furnitures Private Limited offer?

Mortise Furnitures Private Limited offers a wide range of products and services, including Retail Display Stands and Fixtures, Clothing Rack, Display Rack, Residential Interior Designers, Interior Furnishings, Retail Display Rack.

Company report

Mortise Furnitures Private Limited

Explore comprehensive data for Mortise Furnitures Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Sushruth Untugodu Country flag representing In Director 09-Nov-2011Current
Basani Ganavi Country flag representing In Director 23-Nov-2021Current

Financial Performance of Mortise Furnitures.

Mortise Furnitures Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 143.37% increase. The company also saw a substantial improvement in profitability, with a 359.17% increase in profit. The company's net worth moved up by a moderate rise of 7.38%.

Mortise Furnitures revenue growth over time
Mortise Furnitures 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
143.37%
Revenue from Operations
141.62%
Total Assets
18.59%
Profit or Loss
359.17%
Net Worth
7.38%
EBITDA
167.11%

What is the Ownership and Shareholding Structure of Mortise Furnitures?

In 2023, Mortise 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

₹0

Satisfied Charges

₹3.69 M

Charges Breakdown by Lending Institutions

  • Corporation Bank : 0.27 Cr
  • Others : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jun 2016Others₹0.95 MSatisfied
26 Sep 2014Corporation Bank₹2.40 MSatisfied
19 Aug 2013Corporation Bank₹0.34 MSatisfied

How Many Employees Work at Mortise Furnitures?

Mortise Furnitures has a workforce of 43 employees as of Apr 04, 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.

Employee growth trends for Mortise Furnitures Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mortise 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 Mortise 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 Mortise Furnitures

Recent activity within the organization

  • Annual General Meeting

    Mortise Furnitures Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Mortise Furnitures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Basani Surendra Ganavi was appointed as a Director was appointed as a Director on 23 Nov 2021 & has been associated with this company since 3 years 3 months .

  • Charges

    A charge registered on 19 Aug 2013 via Charge ID 10450521 with Corporation Bank was fully satisfied on 30 May 2020.

  • Charges

    A charge registered on 22 Jun 2016 via Charge ID 100035591 with Others was fully satisfied on 23 Jul 2019.

  • Charges

    A charge registered on 26 Sep 2014 via Charge ID 10533342 with Corporation Bank was fully satisfied on 23 Apr 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Mortise Furnitures Private Limited?

    Mortise Furnitures Private Limited was incorporated on 09 Nov 2011.

  • What is authorized share capital and paid-up capital of Mortise Furnitures Private Limited?

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

  • Who are the current board members & directors of Mortise Furnitures Private Limited?

    Currently 2 directors are associated with Mortise Furnitures Private Limited.

    • Sushruth Manjunath Untugodu
    • Basani Surendra Ganavi
  • What is the registered address of Mortise Furnitures Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mortise Furnitures Private Limited is No.117 1St Main Road 2Nd Stage Peenya Industrial Area, India, Bangalore, Karnataka, 560058.

  • What is the corporate identification number (CIN) and company number of Mortise Furnitures Private Limited?

    The corporate identification number (CIN) of Mortise Furnitures Private Limited is U36102KA2011PTC061115 and the company number is 061115 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mortise Furnitures Private Limited?

    The Official website of Mortise Furnitures Private Limited is https://www.mortisefurnitures.in

  • What has been the recent revenue trend for Mortise Furnitures Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mortise Furnitures Private Limited has risen by 143.37%.

  • How many employees does Mortise Furnitures Private Limited currently have?

    As Per 2023 financial reports, 43 employees are currently employed by Mortise Furnitures Private Limited.

  • What change has been observed in the net worth of Mortise Furnitures Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mortise Furnitures Private Limited has experienced an upsurge of 7.38%.

  • When was the last Balance Sheet of Mortise Furnitures Private Limited filed with the ROC?

    The most recent Balance Sheet for Mortise Furnitures Private Limited was filed with the ROC on 31 Mar 2024.

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