Precious Furnitech Private Limited

Designs and produces modular office furniture for various clients, including top corporations and businesses.

1995 | Nagpur, Maharashtra (India) | Active
Last Updated: December 19, 2024

Precious Furnitech Profile

Key Indicators

  • Authorised Capital ₹ 0.30 M
  • Paid Up Capital ₹ 0.29 M
  • Company Age 29 Year, 5 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 4.70 M
  • Revenue Growth 209.53%
  • Profit Growth 54.92%
  • Ebitda 454.61%
  • Net Worth -11.61%
  • Total Assets -5.97%

About Precious Furnitech

Precious Furnitech Private Limited (PFPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 September 1995 and has a history of 29 years and five months. Its registered office is in Nagpur, 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 2020. It's a company limited by shares with an authorized capital of Rs 0.30 M and a paid-up capital of Rs 0.29 M.

The company currently has active open charges totaling ₹4.70 M.

Hema Parmar and Anil Parmar serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36100MH1995PTC092728

  • Company No.

    092728

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Sep 1995

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables

What products or services does Precious Furnitech Private Limited offer?

Precious Furnitech Private Limited offers a wide range of products and services, including Electrical & Electronic Connectors, Electronic Connectors, Office Tables, Conference Tables, Modular Office Workstation, Office Workstation Furniture, Cabinet Furniture, Storage Cabinets, Executive Table, Connector Parts.

Who are the key members and board of directors at Precious Furnitech?

Executive Team (1)

Name Designation Appointment Date Status
Anil Parmar Country flag representing In Managing Director 14-Sep-1995 Current

Board Members (1)

Name Designation Appointment Date Status
Hema Parmar Country flag representing In Director 14-Sep-1995 Current

Financial Performance of Precious Furnitech.

Precious Furnitech Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 209.53% increase. The company also saw a substantial improvement in profitability, with a 54.92% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.61%.

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
209.53%
Revenue from Operations
212.84%
Total Assets
-5.97%
Profit or Loss
54.92%
Net Worth
-11.61%
EBITDA
454.61%

What is the Ownership and Shareholding Structure of Precious Furnitech?

In 2020, Precious Furnitech 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

₹4.70 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Religare Finvest Limited : 0.47 Cr

Latest Charge Details

Date Lender Amount Status
25 Aug 2012 Religare Finvest Limited ₹4.70 M Open

How Many Employees Work at Precious Furnitech?

Unlock and access historical data on people associated with Precious Furnitech, 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 Precious Furnitech, 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 Precious Furnitech'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 Precious Furnitech

Recent activity within the organization

  • Annual General Meeting

    Precious Furnitech Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Balance Sheet

    Precious Furnitech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai.

    31 Mar 2020

  • Charges

    A charge with Religare Finvest Limited amounted to Rs. 4.70 M with Charge ID 10374359 was registered on 25 Aug 2012.

    25 Aug 2012

  • Director Appointment

    Hema Anil Parmar was appointed as a Director was appointed as a Director on 14 Sep 1995 & has been associated with this company since 29 years 5 months .

    14 Sep 1995

  • Director Appointment

    Anil Girish Parmar was appointed as a Managing Director was appointed as a Managing Director on 14 Sep 1995 & has been associated with this company since 29 years 5 months .

    14 Sep 1995

  • Company Incorporation

    Precious Furnitech Private Limited was registered on 14 Sep 1995 with Roc Mumbai & aged 29 years 5 months as per MCA records.

    14 Sep 1995

Frequently asked questions

  • Precious Furnitech Private Limited was incorporated on 14 Sep 1995.

  • The authorized share capital of Precious Furnitech Private Limited is ₹ 0.30 M and paid-up capital is ₹ 0.29 M.

  • Currently 2 directors are associated with Precious Furnitech Private Limited.

    • Hema Anil Parmar
    • Anil Girish Parmar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Precious Furnitech Private Limited is F/No. A2, Indrasagar Apts-Gangadhar Chitnavis Marg Civil Lines India, Nagpur, Maharashtra, 440001.

  • The corporate identification number (CIN) of Precious Furnitech Private Limited is U36100MH1995PTC092728 and the company number is 092728 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Precious Furnitech Private Limited has risen by 209.53%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Precious Furnitech Private Limited has experienced an downturn of -11.61%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Precious Furnitech Private Limited amount to ₹ 4.70 M.

  • The most recent Balance Sheet for Precious Furnitech Private Limited was filed with the ROC on 31 Mar 2020.

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