Spacesaver Modular Furniture Private Limited

Designs and manufactures modular furniture for offices, banks, and educational establishments.

1994 | Pune, Maharashtra (India) | Active
Last Updated: January 07, 2025

Spacesaver Modular Furniture Profile

Key Indicators

  • Authorised Capital ₹ 3.15 M
  • Paid Up Capital ₹ 3.14 M
  • Company Age 30 Year, 9 Months
  • 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 30 years and nine months. 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

    spacesaver.in

  • 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

Consumer Electronics & Durables

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)

NameDesignationAppointment DateStatus
Mangesh Divekar Country flag representing In Director 19-Jun-2004Current
Vasant Divekar Country flag representing In Director 19-Jun-2004Current
Sonal Divekar Country flag representing In Director 19-Jun-2004Current
Ajit Divekar Country flag representing In Director 19-Jun-2004Current
Abhijit Divekar Country flag representing In Director 19-Jun-2004Current

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%.

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
30.26%
Revenue from Operations
30.28%
Total Assets
7.65%
Profit or Loss
19.42%
Net Worth
-29.80%
EBITDA
27.01%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.85 M

Satisfied Charges

₹10.97 M

Charges Breakdown by Lending Institutions

  • Mahesh Sahakari Bank Ltd. : 0.29 Cr

Latest Charge Details

DateLenderAmountStatus
09 Aug 2002Mahesh Sahakari Bank Ltd.₹0.15 MOpen
05 Jul 2002Mahesh Sahakari Bank Ltd.₹0.50 MOpen
30 Apr 2002Mahesh Sahakari Bank Ltd.₹1.50 MOpen
11 Apr 2002Mahesh Sahakari Bank Ltd.₹0.70 MOpen
24 Jul 2020Others₹0.97 MSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2024

  • Balance Sheet

    Spacesaver Modular Furniture Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge registered on 24 Jul 2020 via Charge ID 100358359 with Others was fully satisfied on 29 May 2023.

    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.

    29 May 2023

  • Charges

    A charge with Others amounted to Rs. 0.97 M with Charge ID 100358359 was registered on 24 Jul 2020.

    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.

    03 Apr 2012

Frequently asked questions

  • Spacesaver Modular Furniture Private Limited was incorporated on 28 Apr 1994.

  • The authorized share capital of Spacesaver Modular Furniture Private Limited is ₹ 3.15 M and paid-up capital is ₹ 3.14 M.

  • 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
  • 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.

  • 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).

  • The Official website of Spacesaver Modular Furniture Private Limited is https://www.spacesaver.in

  • According to the financial reports for the fiscal year 2019, the revenue trend for Spacesaver Modular Furniture Private Limited has risen by 30.26%.

  • As Per 2019 financial reports, 11 employees are currently employed by Spacesaver Modular Furniture Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Spacesaver Modular Furniture Private Limited amount to ₹ 2.85 M.

  • The most recent Balance Sheet for Spacesaver Modular Furniture Private Limited was filed with the ROC on 31 Mar 2024.