Tirupati Foam Ltd

This company manufactures bedding, quilts, pillows, cushions, and sleeping bags under the 'Sweet Dream' brand.

1986 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Tirupati Foam Profile

Key Indicators

  • Authorised Capital ₹ 4.60 Cr
  • Paid Up Capital ₹ 4.41 Cr
  • Company Age 38 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 189.45 Cr
  • Satisfied Charges ₹ 45.68 Cr
  • Revenue Growth -0.83%
  • Profit Growth 4.10%
  • Ebitda 2.91%
  • Net Worth 5.39%
  • Total Assets -3.97%

About Tirupati Foam

Tirupati Foam Ltd (TFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 October 1986 and has a history of 38 years and four months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540904.

The Corporate was formerly known as Tirupati Foams Pvt Ltd. The Company is engaged in the Consumer Goods 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 4.60 Cr and a paid-up capital of Rs 4.41 Cr.

The company currently has active open charges totaling ₹189.45 Cr. The company has closed loans amounting to ₹45.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Tirupati Foam Ltd India are Gopalsinh Zala as CFO and Akshabanu Memon as Company Secretary. Venibhai Purohit, Manharlal Mehta, Deepak Mehta, and Eleven other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tirupatifoam.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L25199GJ1986PLC009071

  • Company No.

    009071

  • Stock Symbol

    BSE : 540904

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Oct 1986

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Goods

What products or services does Tirupati Foam Ltd offer?

Tirupati Foam Ltd offers a wide range of products and services, including Bed Linen & Bedspreads, Duvets & Comforters, PU Foam, Coir & Jute Mattresses, Foam Mattress, Cushion & Cushion Covers, Furniture Cushion, Pillows, Foam Sheet, Physiotherapy & Rehab Aids, Rehab Cushions.

Who are the key members and board of directors at Tirupati Foam?

Executive Team (3)

NameDesignationAppointment DateStatus
Roshankumar Sanghavi Country flag representing In Managing Director17-Aug-1993Current
Gopalsinh Zala Country flag representing In CFO25-Mar-2015Current
Akshabanu Memon Country flag representing In Company Secretary05-Dec-2016Current

Board Members (13)

NameDesignationAppointment DateStatus
Venibhai Purohit Country flag representing In Director 14-Oct-1986Current
Manharlal Mehta Country flag representing In Whole-Time Director 14-Oct-1986Current
Deepak Mehta Country flag representing In Whole-Time Director 24-May-1995Current
Viral Mehta Country flag representing In Director 30-May-2017Current
Satishkumar Mehta Country flag representing In Whole-Time Director 17-Aug-1993Current
Mukeshkumar Shah Country flag representing In Director 14-Oct-1986Current

Financial Performance of Tirupati Foam.

Tirupati Foam Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.83% decrease. The company also saw a slight improvement in profitability, with a 4.1% increase in profit. The company's net worth moved up by a moderate rise of 5.39%.

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
-0.83%
Revenue from Operations
-1.01%
Total Assets
-3.97%
Profit or Loss
4.10%
Net Worth
5.39%
EBITDA
2.91%

What is the Ownership and Shareholding Structure of Tirupati Foam?

In 2022, Tirupati Foam had a promoter holding of 71.14% and a public holding of 28.85%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹189.45 Cr

Satisfied Charges

₹45.68 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 174.85 Cr
  • Axis Bank Limited : 14.60 Cr

Latest Charge Details

DateLenderAmountStatus
27 Feb 2023Bank Of India₹1.58 MOpen
30 Oct 2021Bank Of India₹2.15 CrOpen
20 Aug 2020Bank Of India₹4.37 CrOpen
11 Nov 2019Axis Bank Limited₹14.60 CrOpen
03 Jan 2014Bank Of India₹6.50 MOpen

How Many Employees Work at Tirupati Foam?

Tirupati Foam has a workforce of 94 employees as of Apr 02, 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 Tirupati Foam, 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 Tirupati Foam'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 Tirupati Foam

Recent activity within the organization

  • Annual General Meeting

    Tirupati Foam Ltd last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Balance Sheet

    Tirupati Foam Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Bank Of India amounted to Rs. 0.16 Cr with Charge ID 100682759 was registered on 27 Feb 2023.

    27 Feb 2023

  • Charges

    A charge registered on 30 May 2020 via Charge ID 100337956 with Bank Of India was fully satisfied on 24 Jun 2022.

    24 Jun 2022

  • Charges

    A charge registered on 28 Mar 2017 via Charge ID 100093015 with Bank Of India was fully satisfied on 13 May 2022.

    13 May 2022

  • Charges

    A charge registered on 24 Mar 2017 via Charge ID 100093005 with Bank Of India was fully satisfied on 13 May 2022.

    13 May 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Tirupati Foam Ltd was incorporated on 14 Oct 1986.

  • The authorized share capital of Tirupati Foam Ltd is ₹ 4.60 Cr and paid-up capital is ₹ 4.41 Cr.

  • Currently 16 directors are associated with Tirupati Foam Ltd.

    • Venibhai Bhudarji Purohit
    • Manharlal Amratlal Mehta
    • Deepak Takhatmal Mehta
    • Viral Sureshbhai Mehta
    • Roshankumar Punamchand Sanghavi
    • Satishkumar Amrutlal Mehta
    • Mukeshkumar Babulal Shah
    • Arvindbhai Tarachand Gandhi
    • Minaben Roshankumar Sanghavi
    • Dipakkumar Bachubhai Kotadia
    • Avanish Rameshchandra Shah
    • Pareshbhai Devendrababu Kothari
    • Mukeshkumar Motilal Shah
    • Manishkumar Ramanbhai Patel
    • Gopalsinh Ratansinh Zala
    • Akshabanu Mohmedhusain Memon
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tirupati Foam Ltd is Tirupati House 4Th Floor Nr. Topaz Restaurant University Road Polytechnic Char Rasta, Ambawadi India, Ahmedabad, Gujarat, 380015.

  • The corporate identification number (CIN) of Tirupati Foam Ltd is L25199GJ1986PLC009071 and the company number is 009071 as per Ministry of Corporate Affairs (MCA).

  • Yes, Tirupati Foam Ltd is registered on Bombay Stock Exchange (BSE).

  • The Official website of Tirupati Foam Ltd is https://www.tirupatifoam.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tirupati Foam Ltd has fallen by -0.83%.

  • As Per 2023 financial reports, 94 employees are currently employed by Tirupati Foam Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tirupati Foam Ltd has experienced an upsurge of 5.39%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tirupati Foam Ltd amount to ₹ 189.45 Cr.

  • The most recent Balance Sheet for Tirupati Foam Ltd was filed with the ROC on 31 Mar 2024.

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