Recliners India Private Limited

Manufacturer of recliners for individuals, corporates, cinemas, and healthcare centers.

1996 | New Delhi, Delhi (India) | Active
Last Updated: July 17, 2024

Recliners India Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.53 Cr
  • Company Age 28 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 75.80 Cr
  • Revenue Growth 21.71%
  • Profit Growth 162.06%
  • Ebitda 42.52%
  • Net Worth 8.98%
  • Total Assets 33.60%

About Recliners India

Recliners India Private Limited (RIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 August 1996 and has a history of 28 years and five months. Its registered office is in New Delhi, Delhi, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.53 Cr.

The company currently has active open charges totaling ₹75.80 Cr.

Akhil Bansal and Rajinder Bansal serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U18101DL1996PTC081265

  • Company No.

    081265

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Aug 1996

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Electronics & Durables

What products or services does Recliners India Private Limited offer?

Recliners India Private Limited offers a wide range of products and services, including Massage Equipments & Spa Devices, Massagers, Recliner, Home Theater Recliner, Recliner Sofa, Recliner Chairs, Sofa Set, Living Room Sofa Set, Furniture Sofa, Single Seater Sofa.

Who are the key members and board of directors at Recliners India?

Board Members (2)

Name Designation Appointment Date Status
Akhil Bansal Country flag representing In Director 20-Aug-1996 Current
Rajinder Bansal Country flag representing In Director 07-Jan-2003 Current

Financial Performance of Recliners India.

Recliners India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.71% increase. The company also saw a substantial improvement in profitability, with a 162.06% increase in profit. The company's net worth moved up by a moderate rise of 8.98%.

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
21.71%
Revenue from Operations
21.20%
Total Assets
33.60%
Profit or Loss
162.06%
Net Worth
8.98%
EBITDA
42.52%

What is the Ownership and Shareholding Structure of Recliners India?

In 2023, Recliners India 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

₹75.80 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 66.93 Cr
  • Others : 8.65 Cr
  • Hdfc Bank Limited : 0.23 Cr

Latest Charge Details

Date Lender Amount Status
31 Oct 2023 Hdfc Bank Limited ₹2.25 M Open
23 Aug 2022 Canara Bank ₹1.18 M Open
31 May 2022 Others ₹3.00 Cr Open
29 Nov 2021 Others ₹1.12 Cr Open
24 Jun 2021 Others ₹4.53 Cr Open

How Many Employees Work at Recliners India?

Recliners India has a workforce of 157 employees as of Apr 06, 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 Recliners India, 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 Recliners India'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 Recliners India

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 100830117 was registered on 31 Oct 2023.

    31 Oct 2023

  • Annual General Meeting

    Recliners India Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Recliners India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Canara Bank of Rs. 60.18 Cr registered on 09 Mar 2010 with Charge ID 10217527 was modified on 08 Feb 2023.

    08 Feb 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 0.12 Cr with Charge ID 100603888 was registered on 23 Aug 2022.

    23 Aug 2022

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100578517 was registered on 31 May 2022.

    31 May 2022

Frequently asked questions

  • Recliners India Private Limited was incorporated on 20 Aug 1996.

  • The authorized share capital of Recliners India Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.53 Cr.

  • Currently 2 directors are associated with Recliners India Private Limited.

    • Akhil Bansal
    • Rajinder Kumar Bansal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Recliners India Private Limited is J - 82 Paryavaran Complex Neb Sarai, New Delhi, India, 110068.

  • The corporate identification number (CIN) of Recliners India Private Limited is U18101DL1996PTC081265 and the company number is 081265 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Recliners India Private Limited is https://www.reclinersindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Recliners India Private Limited has risen by 21.71%.

  • As Per 2023 financial reports, 157 employees are currently employed by Recliners India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Recliners India Private Limited has experienced an upsurge of 8.98%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Recliners India Private Limited amount to ₹ 75.80 Cr.

  • The most recent Balance Sheet for Recliners India Private Limited was filed with the ROC on 31 Mar 2023.

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