About Capricoast Home Solutions Private Limited
Data last updated:
Capricoast Home Solutions Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of M/S. Accel India Iv (Mauritius) Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 04 December 2014.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U36103KA2014PTC077612. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹22.21 Lakh and a paid-up capital of ₹3.21 Lakh. It is led by directors including Wasi Ahmed Ayaz and Jawad Ahmed Ayaz.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No 728 1st Floor Grace Platina Cmh Road Indiranagar, Bengaluru, Karnataka, India – 560038.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.36 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹3.5 Cr (net margin 80.4%) and EBITDA of ₹3.99 Cr (EBITDA margin 91.5%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 24% over five years.
The company has about 99 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: CapriCoast. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹31.77 Cr; the latest was in October 2017.
The last known website on record is capricoast.com.
Company details
Contact details
Capricoast Home Solutions Private Limited's registered office is in Bengaluru, Karnataka. Its website is capricoast.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 728 1st Floor Grace Platina Cmh Road Indiranagar, Bengaluru, Karnataka, India – 560038
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Capricoast Home Solutions Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Capricoast Home Solutions operates one associated brand: CapriCoast. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Modular home furniture is offered with online customization and installation. | capricoast.com |
Business activity
The main business activity of Capricoast Home Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Capricoast Home Solutions Private Limited, buy the company report.
Financials of Capricoast Home Solutions Private Limited
FY 2023 filings availableCapricoast Home Solutions Private Limited reported revenue of ₹4.36 Cr (down 40% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 40% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA fell 38% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹4.36 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹3.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.5 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 91.5% | ||||
| Net Profit Margin | 80.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Capricoast Home Solutions Private Limited, buy the company report.
Board of directors of Capricoast Home Solutions Private Limited
Capricoast Home Solutions has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Wasi Ahmed Ayaz Also directs: Aqua Holidays Private Limited, HNG Retail Private Limited, Sunseeker Properties Private Limited and 2 more | Director | 30 Mar 2023 | 3 Years 6 Months | As last reported |
| Jawad Ahmed Ayaz | Director | 04 Dec 2014 | 11 Years 10 Months | As last reported |
| Bharath Prabhakara Horabail | Additional Director | 28 Feb 2024 | 2 Years 7 Months | As last reported |
| Thirupal Gorige Also directs: Thirupal Gorige & Associates LLP | Irp/Rp/Liquidator | 10 May 2024 | 2 Years 5 Months | As last reported |
Auditor
Capricoast Home Solutions Private Limited is audited by N.S. Shastri & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.S. Shastri & Co | FY 2023 | 015093S |
Shareholding
The shareholding of Capricoast Home Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Capricoast Home Solutions Private Limited, buy the company report.
Deals & funding
Capricoast Home Solutions Private Limited has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹31.77 Cr; the latest was in October 2017.
Deals on record (3 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Jul 2016 | Secondary share transfer | Undisclosed | Buyer: RB Investments Seller: 4 individuals |
| Aug 2015 | Funding round · Series A | ₹93.2 Lakh | Investors: NuVentures |
To see the full deal history of Capricoast Home Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Capricoast Home Solutions Private Limited has 2 court cases on record: 1 filed by Capricoast Home Solutions, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Court case (WPIL) | Filed against the company | Pending |
| NCLT, Bengaluru | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Capricoast Home Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Capricoast Home Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Capricoast Home Solutions Private Limited has a workforce of 99 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Capricoast Home Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Capricoast Home Solutions Private Limited, buy the company report.
Recent activity
Capricoast Home Solutions Private Limited has 6 board changes on record since 2014: 4 appointments and 2 cessations. The latest: Thirupal Gorige was appointed as Irp/Rp/Liquidator on 10 May 2024.
News
Frequently asked questions
Capricoast Home Solutions is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Capricoast Home Solutions is a company under liquidation, formerly operating as a private limited company based in Bengaluru, Karnataka, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 04 December 2014 and is registered under CIN U36103KA2014PTC077612. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Capricoast Home Solutions has 4 current directors:
- Wasi Ahmed Ayaz - Director
- Jawad Ahmed Ayaz - Director
- Bharath Prabhakara Horabail - Additional Director
- Thirupal Gorige - Irp/Rp/Liquidator
The latest financial statements of Capricoast Home Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Capricoast Home Solutions is U36103KA2014PTC077612. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Capricoast Home Solutions has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Capricoast Home Solutions was incorporated on 04 December 2014. It is registered with the Registrar of Companies, Bangalore.
Capricoast Home Solutions has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹31.77 Cr; the latest was in October 2017.
Thirupal Gorige was appointed as Irp/Rp/Liquidator on 10 May 2024. Bharath Prabhakara Horabail was appointed as Additional Director on 28 Feb 2024. Wasi Ahmed Ayaz was appointed as Director on 30 Mar 2023. Capricoast Home Solutions has 6 board changes on record in total.
Capricoast Home Solutions can be reached through the website capricoast.com. Its registered office is in Bengaluru, Karnataka, India.