Outpace Furnitures Private Limited

This company sells a variety of furniture and home furnishings through their brand and online platform.

2012 | Kolkata, West Bengal (India) | Active
Last Updated: November 16, 2024

Outpace Furnitures Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.04 M
  • Company Age 12 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.48 Cr
  • Revenue Growth 23.56%
  • Profit Growth -3.94%
  • Ebitda 21.86%
  • Net Worth 16.81%
  • Total Assets 23.36%

About Outpace Furnitures

Outpace Furnitures Private Limited (OFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 March 2012 and has a history of 12 years and 11 months. Its registered office is in Kolkata, West Bengal, 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 2.50 M and a paid-up capital of Rs 2.04 M.

The company currently has active open charges totaling ₹2.48 Cr.

Munindra Mata, Rachit Mata, and Ankit Mata serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    estillofurniture.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36102WB2012PTC175357

  • Company No.

    175357

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Mar 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Consumer Electronics & Durables

What products or services does Outpace Furnitures Private Limited offer?

Outpace Furnitures Private Limited offers a wide range of products and services, including Bedroom Furniture & Bedroom Sets, Bedroom Set.

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

Board Members (3)

Name Designation Appointment Date Status
Munindra Mata Country flag representing In Director 07-Mar-2012 Current
Rachit Mata Country flag representing In Director 17-Mar-2015 Current
Ankit Mata Country flag representing In Director 17-Mar-2015 Current

Financial Performance of Outpace Furnitures.

Outpace Furnitures Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.56% increase. The company also saw a slight decrease in profitability, with a 3.94% decrease in profit. The company's net worth Soared by an impressive increase of 16.81%.

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
23.56%
Revenue from Operations
23.81%
Total Assets
23.36%
Profit or Loss
-3.94%
Net Worth
16.81%
EBITDA
21.86%

What is the Ownership and Shareholding Structure of Outpace Furnitures?

In 2023, Outpace 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

₹24.80 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 1.50 Cr
  • Hdfc Bank Limited : 0.98 Cr

Latest Charge Details

Date Lender Amount Status
14 Nov 2023 Yes Bank Limited ₹1.50 Cr Open
30 Jun 2022 Hdfc Bank Limited ₹0.70 M Open
25 May 2022 Hdfc Bank Limited ₹5.00 M Open
06 May 2021 Hdfc Bank Limited ₹1.10 M Open
23 Mar 2013 Hdfc Bank Limited ₹3.00 M Open

How Many Employees Work at Outpace Furnitures?

Outpace Furnitures has a workforce of 10 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 15.00 M with Charge ID 100833638 was registered on 14 Nov 2023.

    14 Nov 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.70 M with Charge ID 100801569 was registered on 30 Jun 2022.

    30 Jun 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.00 M with Charge ID 100590168 was registered on 25 May 2022.

    25 May 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.10 M with Charge ID 100487447 was registered on 06 May 2021.

    06 May 2021

Frequently asked questions

  • Outpace Furnitures Private Limited was incorporated on 07 Mar 2012.

  • The authorized share capital of Outpace Furnitures Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.04 M.

  • Currently 3 directors are associated with Outpace Furnitures Private Limited.

    • Munindra Kumar Mata
    • Rachit Mata
    • Ankit Mata
  • As per Ministry of Corporate Affairs (Mca), the registered address of Outpace Furnitures Private Limited is P S Maestro 113G Matheswartola Road, Tangra India, Kolkata, West Bengal, 700046.

  • The corporate identification number (CIN) of Outpace Furnitures Private Limited is U36102WB2012PTC175357 and the company number is 175357 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Outpace Furnitures Private Limited is https://www.estillofurniture.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Outpace Furnitures Private Limited has risen by 23.56%.

  • As Per 2023 financial reports, 10 employees are currently employed by Outpace Furnitures Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Outpace Furnitures Private Limited has experienced an upsurge of 16.81%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Outpace Furnitures Private Limited amount to ₹ 2.48 Cr.

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

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