Urban Ladder Home Decor Solutions Limited

Online retailer of furniture and home decor products since 2012.

2012 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Urban Ladder Home Decor Solutions Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 25.07 Cr
  • Company Age 12 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 53.00 Cr
  • Revenue Growth -14.57%
  • Profit Growth 181.10%
  • Ebitda 33.97%
  • Net Worth 135.06%
  • Total Assets -2.16%

About Urban Ladder Home Decor Solutions

Urban Ladder Home Decor Solutions Limited (ULHDSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 February 2012 and has a history of 12 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Urban Ladder Home Decor Online Private Limited. 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 30.00 Cr and a paid-up capital of Rs 25.07 Cr.

The company has closed loans amounting to ₹53.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Urban Ladder Home Decor Solutions Limited India are Vasudevan Iyer as Company Secretary, Vivek Mehta as Ceo, Rakesh Sharma as Cfo, and One other members. Ashish Goel, Akhilesh Prasad, and Ashwin Khasgiwala serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2012PLC062610

  • Company No.

    062610

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Feb 2012

  • Date of AGM

    26 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables

What products or services does Urban Ladder Home Decor Solutions Limited offer?

Urban Ladder Home Decor Solutions Limited offers a wide range of products and services, including Metal Furniture Suppliers, Metal Sofa, Outdoor and Garden Furniture, Wicker & Rattan Furniture, Bedroom Furniture & Bedroom Sets, Beds, Swings, Swing Chair, Designer Chair, Wing Chair.

Who are the key members and board of directors at Urban Ladder Home Decor Solutions?

Executive Team (4)

NameDesignationAppointment DateStatus
Vasudevan Iyer Company Secretary31-Oct-2023Current
Vivek Mehta CEO02-May-2024Current
Rakesh Sharma Country flag representing In CFOCurrent
Vasudevan Iyer Company SecretaryCurrent

Board Members (3)

NameDesignationAppointment DateStatus
Ashish Goel Country flag representing In Director 17-Feb-2012Current
Akhilesh Prasad Country flag representing In Director 13-Nov-2020Current
Ashwin Khasgiwala Country flag representing In Director 13-Nov-2020Current

Financial Performance of Urban Ladder Home Decor Solutions.

Urban Ladder Home Decor Solutions Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.57% decrease. The company also saw a substantial improvement in profitability, with a 181.1% increase in profit. The company's net worth Soared by an impressive increase of 135.06%.

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
-14.57%
Revenue from Operations
-14.75%
Total Assets
-2.16%
Profit or Loss
181.10%
Net Worth
135.06%
EBITDA
33.97%

What is the Ownership and Shareholding Structure of Urban Ladder Home Decor Solutions?

In 2023, Urban Ladder Home Decor Solutions 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

₹0

Satisfied Charges

₹53.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 31.00 Cr
  • Tata Capital Financial Services Limited : 15.00 Cr
  • Axis Bank Limited : 6.00 Cr
  • Citi Bank N.A. : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jul 2018Others₹15.00 CrSatisfied
26 Jun 2018Axis Bank Limited₹6.00 CrSatisfied
23 Sep 2017Tata Capital Financial Services Limited₹15.00 CrSatisfied
04 Jan 2017Citi Bank N.A.₹1.00 CrSatisfied
10 Jun 2016Others₹16.00 CrSatisfied

How Many Employees Work at Urban Ladder Home Decor Solutions?

Urban Ladder Home Decor Solutions has a workforce of 602 employees as of Oct 03, 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 Urban Ladder Home Decor Solutions, 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 Urban Ladder Home Decor Solutions'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 Urban Ladder Home Decor Solutions

Recent activity within the organization

  • Annual General Meeting

    Urban Ladder Home Decor Solutions Limited last Annual general meeting of members was held on 26 Aug 2024 as per latest MCA records.

    26 Aug 2024

  • Director Appointment

    Vivek Mehta was appointed as a Ceo was appointed as a Ceo on 02 May 2024 & has been associated with this company since 9 months .

    02 May 2024

  • Balance Sheet

    Urban Ladder Home Decor Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Vasudevan Iyer was appointed as a Company Secretary was appointed as a Company Secretary on 31 Oct 2023 & has been associated with this company since 1 year 3 months .

    31 Oct 2023

  • Charges

    A charge registered on 26 Jul 2018 via Charge ID 100206468 with Others was fully satisfied on 15 Dec 2020.

    15 Dec 2020

  • Charges

    A charge registered on 26 Jun 2018 via Charge ID 100195187 with Axis Bank Limited was fully satisfied on 07 Dec 2020.

    07 Dec 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Urban Ladder Home Decor Solutions Limited was incorporated on 17 Feb 2012.

  • The authorized share capital of Urban Ladder Home Decor Solutions Limited is ₹ 30.00 Cr and paid-up capital is ₹ 25.07 Cr.

  • Currently 7 directors are associated with Urban Ladder Home Decor Solutions Limited.

    • Vasudevan Iyer
    • Vivek Mehta
    • Rakesh Gajanand Sharma
    • Vasudevan Balasubramanian Iyer
    • Ashish Goel
    • Akhilesh Prasad
    • Ashwin Ahamendra Khasgiwala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Urban Ladder Home Decor Solutions Limited is 1St 2Nd 3Rd Floor 259 276 Amarjyothi Hbcs Layout, Domlur India, Bangalore, Karnataka, 560071.

  • The corporate identification number (CIN) of Urban Ladder Home Decor Solutions Limited is U74999KA2012PLC062610 and the company number is 062610 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Urban Ladder Home Decor Solutions Limited is https://www.urbanladder.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Urban Ladder Home Decor Solutions Limited has fallen by -14.57%.

  • As Per 2023 financial reports, 602 employees are currently employed by Urban Ladder Home Decor Solutions Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Urban Ladder Home Decor Solutions Limited has experienced an upsurge of 135.06%.

  • The most recent Balance Sheet for Urban Ladder Home Decor Solutions Limited was filed with the ROC on 31 Mar 2024.

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