New India Furniture Mall Private Limited

Furniture trading company established in 2012, based in Udupi, Karnataka.

2012 | Udupi, Karnataka (India) | Active
Last Updated: December 15, 2024

New India Furniture Mall Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 12 Year, 6 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 2.67 Cr
  • Revenue Growth -90.58%
  • Profit Growth -941.12%
  • Ebitda -99.49%
  • Net Worth -72.65%
  • Total Assets -3.71%

About New India Furniture Mall

New India Furniture Mall Private Limited (NIFMPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 July 2012 and has a history of 12 years and six months. Its registered office is in Udupi, 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 2020. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹2.67 Cr.

Saleem Palkad and Famiha Kazi serve as directors at the Company.

Company Details

  • Location

    Udupi, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    furnituremallindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36101KA2012PTC065088

  • Company No.

    065088

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jul 2012

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at New India Furniture Mall?

Board Members (2)

Name Designation Appointment Date Status
Saleem Palkad Country flag representing In Director 30-Jul-2012 Current
Famiha Kazi Country flag representing In Director 30-Jul-2012 Current

Financial Performance of New India Furniture Mall.

New India Furniture Mall Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 90.58% decrease. The company also saw a substantial fall in profitability, with a 941.12% decrease in profit. The company's net worth observed a substantial decline by a decrease of 72.65%.

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
-90.58%
Revenue from Operations
-95.48%
Total Assets
-3.71%
Profit or Loss
-941.12%
Net Worth
-72.65%
EBITDA
-99.49%

What is the Ownership and Shareholding Structure of New India Furniture Mall?

In 2020, New India Furniture Mall had a promoter holding of 70.00% and a public holding of 30.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹26.72 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.45 Cr
  • Canara Bank : 0.23 Cr

Latest Charge Details

Date Lender Amount Status
10 Feb 2015 Canara Bank ₹2.25 M Open
03 May 2013 Others ₹2.45 Cr Open

How Many Employees Work at New India Furniture Mall?

Unlock and access historical data on people associated with New India Furniture Mall, 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 New India Furniture Mall, 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 New India Furniture Mall'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 New India Furniture Mall

Recent activity within the organization

  • Annual General Meeting

    New India Furniture Mall Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Balance Sheet

    New India Furniture Mall Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.

    31 Mar 2020

  • Charges

    A charge with Others of Rs. 24.47 M registered on 03 May 2013 with Charge ID 10426441 was modified on 13 Jul 2017.

    13 Jul 2017

  • Charges

    A charge with Canara Bank amounted to Rs. 2.25 M with Charge ID 10550633 was registered on 10 Feb 2015.

    10 Feb 2015

  • Charges

    A charge with Others amounted to Rs. 24.47 M with Charge ID 10426441 was registered on 03 May 2013.

    03 May 2013

  • Director Appointment

    Saleem Thangal Kader Palkad was appointed as a Director was appointed as a Director on 30 Jul 2012 & has been associated with this company since 12 years 6 months .

    30 Jul 2012

Frequently asked questions

  • New India Furniture Mall Private Limited was incorporated on 30 Jul 2012.

  • The authorized share capital of New India Furniture Mall Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 2 directors are associated with New India Furniture Mall Private Limited.

    • Saleem Thangal Kader Palkad
    • Famiha Kazi
  • As per Ministry of Corporate Affairs (Mca), the registered address of New India Furniture Mall Private Limited is Furniture Mall Building, Kadiyali Junction -Manipal Road India, Udupi, Karnataka, 576102.

  • The corporate identification number (CIN) of New India Furniture Mall Private Limited is U36101KA2012PTC065088 and the company number is 065088 as per Ministry of Corporate Affairs (MCA).

  • The Official website of New India Furniture Mall Private Limited is https://www.furnituremallindia.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for New India Furniture Mall Private Limited has fallen by -90.58%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of New India Furniture Mall Private Limited has experienced an downturn of -72.65%.

  • As per the financial statements for fiscal Year 2020, The total open charges for New India Furniture Mall Private Limited amount to ₹ 2.67 Cr.

  • The most recent Balance Sheet for New India Furniture Mall Private Limited was filed with the ROC on 31 Mar 2020.