Mythic Furniture Private Limited

Manufacturer and trader of office furniture, including sofa cum bed, chairs, tables, and more.

2002 | Mumbai, Maharashtra (India) | Active
Last Updated:

Mythic Furniture Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 22 Year, 9 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 9.54 Cr
  • Revenue Growth -82.76%
  • Profit Growth 19.76%
  • Ebitda 24.35%
  • Net Worth -18.35%
  • Total Assets -4.68%

About Mythic Furniture

Mythic Furniture Private Limited (MFPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 July 2002 and has a history of 22 years and nine months. Its registered office is in Mumbai, Maharashtra, 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 2021. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹9.54 Cr.

Kalpesh Gala and Rita Gala serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36101MH2002PTC136570

  • Company No.

    136570

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Jul 2002

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables
Company report

Mythic Furniture Private Limited

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

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

Board Members (2)

NameDesignationAppointment DateStatus
Kalpesh Gala Country flag representing In Director 22-Jul-2002Current
Rita Gala Country flag representing In Director 05-Jun-2017Current

Financial Performance of Mythic Furniture.

Mythic Furniture Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 82.76% decrease. The company also saw a substantial improvement in profitability, with a 19.76% increase in profit. The company's net worth observed a substantial decline by a decrease of 18.35%.

Mythic Furniture revenue growth over time
Mythic Furniture 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
-82.76%
Revenue from Operations
-82.74%
Total Assets
-4.68%
Profit or Loss
19.76%
Net Worth
-18.35%
EBITDA
24.35%

What is the Ownership and Shareholding Structure of Mythic Furniture?

In 2021, Mythic 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

₹95.40 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Saraswat Co - Operative Bank Limited : 5.00 Cr
  • The Saraswat Co-Operative Bank Ltd : 2.25 Cr
  • The Saraswat Co-Operative Bank Ltd. : 1.80 Cr
  • The Shamrao Vithal Co-Op Bank Ltd. : 0.49 Cr

Latest Charge Details

DateLenderAmountStatus
15 Oct 2009The Saraswat Co - Operative Bank Limited₹5.00 CrOpen
15 Oct 2009The Saraswat Co-Operative Bank Ltd₹2.25 CrOpen
18 May 2006The Saraswat Co-Operative Bank Ltd.₹1.80 CrOpen
14 Jun 2003The Shamrao Vithal Co-Op Bank Ltd.₹4.90 MOpen

How Many Employees Work at Mythic Furniture?

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

Employee growth trends for Mythic Furniture Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mythic 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 Mythic 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 Mythic Furniture

Recent activity within the organization

  • Annual General Meeting

    Mythic Furniture Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

  • Balance Sheet

    Mythic Furniture Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.

  • Director Appointment

    Rita Kalpesh Gala was appointed as a Director was appointed as a Director on 05 Jun 2017 & has been associated with this company since 7 years 10 months .

  • Charges

    A charge with The Saraswat Co - Operative Bank Limited of Rs. 50.00 M registered on 15 Oct 2009 with Charge ID 10185669 was modified on 10 Oct 2012.

  • Charges

    A charge with The Saraswat Co-Operative Bank Ltd amounted to Rs. 22.50 M with Charge ID 10187262 was registered on 15 Oct 2009.

  • Charges

    A charge with The Saraswat Co - Operative Bank Limited amounted to Rs. 50.00 M with Charge ID 10185669 was registered on 15 Oct 2009.

Frequently asked questions

  • What is the Incorporation or founding date of Mythic Furniture Private Limited?

    Mythic Furniture Private Limited was incorporated on 22 Jul 2002.

  • What is authorized share capital and paid-up capital of Mythic Furniture Private Limited?

    The authorized share capital of Mythic Furniture Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Mythic Furniture Private Limited?

    Currently 2 directors are associated with Mythic Furniture Private Limited.

    • Kalpesh Damji Gala
    • Rita Kalpesh Gala

  • What is the registered address of Mythic Furniture Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mythic Furniture Private Limited is Showroom No.1 Filix Opp Asian Paint L.B.S Road, Bhandup (W) -. India, Mumbai, Maharashtra, 400078.

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

    The corporate identification number (CIN) of Mythic Furniture Private Limited is U36101MH2002PTC136570 and the company number is 136570 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Mythic Furniture Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Mythic Furniture Private Limited has fallen by -82.76%.

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

    The financial reports for the fiscal year 2021 indicates that The net worth of Mythic Furniture Private Limited has experienced an downturn of -18.35%.

  • What are the total open charges for Mythic Furniture Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Mythic Furniture Private Limited amount to ₹ 9.54 Cr.

  • When was the last Balance Sheet of Mythic Furniture Private Limited filed with the ROC?

    The most recent Balance Sheet for Mythic Furniture Private Limited was filed with the ROC on 31 Mar 2021.

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