Simply Sofas Private Limited

Furniture trading company established in 2008 with headquarters in Bangalore, Karnataka.

2008 | Bangaluru, Karnataka (India) | Active
Last Updated: November 15, 2024

Simply Sofas Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth %
  • Profit Growth 122.92%
  • Ebitda 162.60%
  • Net Worth 0.71%
  • Total Assets 8.94%

About Simply Sofas

Simply Sofas Private Limited (SSPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 November 2008 and has a history of 16 years and two months. Its registered office is in Bangaluru, 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 2023. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Tekhumalla Rao and Tekumalla Rao serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52333KA2008PTC048265

  • Company No.

    048265

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Nov 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Simply Sofas?

Board Members (2)

Name Designation Appointment Date Status
Tekumalla Rao Country flag representing In Director 27-Apr-2017 Current
Tekhumalla Rao Country flag representing In Director 14-Nov-2008 Current

Financial Performance of Simply Sofas.

Simply Sofas Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 122.92% increase in profit. The company's net worth moved up by a moderate rise of 0.71%.

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
Revenue from Operations
Total Assets
8.94%
Profit or Loss
122.92%
Net Worth
0.71%
EBITDA
162.60%

What is the Ownership and Shareholding Structure of Simply Sofas?

In 2023, Simply Sofas 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Simply Sofas?

Unlock and access historical data on people associated with Simply Sofas, 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 Simply Sofas, 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 Simply Sofas'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 Simply Sofas

Recent activity within the organization

  • Annual General Meeting

    Simply Sofas Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Simply Sofas Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Tekumalla Shreya Rao was appointed as a Director was appointed as a Director on 27 Apr 2017 & has been associated with this company since 7 years 9 months .

    27 Apr 2017

  • Director Appointment

    Tekhumalla Maruthi Rao was appointed as a Director was appointed as a Director on 14 Nov 2008 & has been associated with this company since 16 years 2 months .

    14 Nov 2008

  • Company Incorporation

    Simply Sofas Private Limited was registered on 14 Nov 2008 with Roc Bangalore & aged 16 years 2 months as per MCA records.

    14 Nov 2008

Frequently asked questions

  • Simply Sofas Private Limited was incorporated on 14 Nov 2008.

  • The authorized share capital of Simply Sofas Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Simply Sofas Private Limited.

    • Tekhumalla Maruthi Rao
    • Tekumalla Shreya Rao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Simply Sofas Private Limited is 122 123 124 8Th Main Road (Opp. Golden Park Apt Hongasandra, Bommanahalli India, Bangalore, Karnataka, 560068.

  • The corporate identification number (CIN) of Simply Sofas Private Limited is U52333KA2008PTC048265 and the company number is 048265 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Simply Sofas Private Limited is https://www.simplysofas.in

  • The financial reports for the fiscal year 2023 indicates that The net worth of Simply Sofas Private Limited has experienced an upsurge of 0.71%.

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

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