

Spacesaver Modular Furniture Profile
Key Indicators
- Authorised Capital ₹ 3.15 M
- Paid Up Capital ₹ 3.14 M
- Company Age 31 Year, 2 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.85 M
- Satisfied Charges ₹ 1.10 Cr
- Revenue Growth 30.26%
- Profit Growth 19.42%
- Ebitda 27.01%
- Net Worth -29.80%
- Total Assets 7.65%
About Spacesaver Modular Furniture
Spacesaver Modular Furniture Private Limited (SMFPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 April 1994 and has a history of 31 years. Its registered office is in Pune, 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 2024. It's a company limited by shares with an authorized capital of Rs 3.15 M and a paid-up capital of Rs 3.14 M.
The company currently has active open charges totaling ₹2.85 M. The company has closed loans amounting to ₹1.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vasant Divekar, Sonal Divekar, Ajit Divekar, and Two other members serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51909PN1994PTC078042
- Company No.
078042
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Apr 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
What products or services does Spacesaver Modular Furniture Private Limited offer?
Spacesaver Modular Furniture Private Limited offers a wide range of products and services, including School Furniture, Library Furniture, Modular Office Workstation, Computer Workstation Furniture, Interior Designers, Modular Partition Service, Office Tables, Wooden Office Tables, Reception Table.
Who are the key members and board of directors at Spacesaver Modular Furniture?
Board Members (5)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Mangesh Divekar ![]() | Director | 19-Jun-2004 | Current |
Vasant Divekar ![]() | Director | 19-Jun-2004 | Current |
Sonal Divekar ![]() | Director | 19-Jun-2004 | Current |
Ajit Divekar ![]() | Director | 19-Jun-2004 | Current |
Abhijit Divekar ![]() | Director | 19-Jun-2004 | Current |
Financial Performance of Spacesaver Modular Furniture.
Spacesaver Modular Furniture Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 30.26% increase. The company also saw a substantial improvement in profitability, with a 19.42% increase in profit. The company's net worth observed a substantial decline by a decrease of 29.8%.


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What is the Ownership and Shareholding Structure of Spacesaver Modular Furniture?
In 2019, Spacesaver Modular Furniture had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Stratizant India Private Limited
Vasant Divekar is a mutual person
Charges (Loans)
₹2.85 M
₹10.97 M
Charges Breakdown by Lending Institutions
- Mahesh Sahakari Bank Ltd. : 0.29 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
09 Aug 2002 | Mahesh Sahakari Bank Ltd. | ₹0.15 M | Open |
05 Jul 2002 | Mahesh Sahakari Bank Ltd. | ₹0.50 M | Open |
30 Apr 2002 | Mahesh Sahakari Bank Ltd. | ₹1.50 M | Open |
11 Apr 2002 | Mahesh Sahakari Bank Ltd. | ₹0.70 M | Open |
24 Jul 2020 | Others | ₹0.97 M | Satisfied |
How Many Employees Work at Spacesaver Modular Furniture?
Spacesaver Modular Furniture has a workforce of 11 employees as of Apr 07, 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.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Spacesaver Modular Furniture, 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 Spacesaver Modular Furniture's trajectory.
Rating

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

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 Spacesaver Modular Furniture
Recent activity within the organization
- Annual General Meeting
Spacesaver Modular Furniture Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Spacesaver Modular Furniture Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
- Charges
A charge registered on 24 Jul 2020 via Charge ID 100358359 with Others was fully satisfied on 29 May 2023.
- Charges
A charge registered on 20 Oct 2004 via Charge ID 90094102 with Bank Of Maharashtra was fully satisfied on 29 May 2023.
- Charges
A charge with Others amounted to Rs. 0.97 M with Charge ID 100358359 was registered on 24 Jul 2020.
- Charges
A charge with Bank Of Maharashtra of Rs. 10.00 M registered on 20 Oct 2004 with Charge ID 90094102 was modified on 03 Apr 2012.
Frequently asked questions
What is the Incorporation or founding date of Spacesaver Modular Furniture Private Limited?
Spacesaver Modular Furniture Private Limited was incorporated on 28 Apr 1994.
What is authorized share capital and paid-up capital of Spacesaver Modular Furniture Private Limited?
The authorized share capital of Spacesaver Modular Furniture Private Limited is ₹ 3.15 M and paid-up capital is ₹ 3.14 M.
Who are the current board members & directors of Spacesaver Modular Furniture Private Limited?
Currently 5 directors are associated with Spacesaver Modular Furniture Private Limited.
- Vasant Jaywant Divekar
- Sonal Vasant Divekar
- Ajit Jaywant Divekar
- Abhijit Ajit Divekar
- Mangesh Deepak Divekar
What is the registered address of Spacesaver Modular Furniture Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Spacesaver Modular Furniture Private Limited is 153A Varun Complexbhandarkar Road India, Pune, Maharashtra, 411004.
What is the corporate identification number (CIN) and company number of Spacesaver Modular Furniture Private Limited?
The corporate identification number (CIN) of Spacesaver Modular Furniture Private Limited is U51909PN1994PTC078042 and the company number is 078042 as per Ministry of Corporate Affairs (MCA).
What is the official website of Spacesaver Modular Furniture Private Limited?
The Official website of Spacesaver Modular Furniture Private Limited is https://www.spacesaver.in
What has been the recent revenue trend for Spacesaver Modular Furniture Private Limited?
According to the financial reports for the fiscal year 2019, the revenue trend for Spacesaver Modular Furniture Private Limited has risen by 30.26%.
How many employees does Spacesaver Modular Furniture Private Limited currently have?
As Per 2019 financial reports, 11 employees are currently employed by Spacesaver Modular Furniture Private Limited.
What change has been observed in the net worth of Spacesaver Modular Furniture Private Limited, and by what percentage?
The financial reports for the fiscal year 2019 indicates that The net worth of Spacesaver Modular Furniture Private Limited has experienced an downturn of -29.80%.
What are the total open charges for Spacesaver Modular Furniture Private Limited?
As per the financial statements for fiscal Year 2019, The total open charges for Spacesaver Modular Furniture Private Limited amount to ₹ 2.85 M.
When was the last Balance Sheet of Spacesaver Modular Furniture Private Limited filed with the ROC?
The most recent Balance Sheet for Spacesaver Modular Furniture Private Limited was filed with the ROC on 31 Mar 2024.
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