Furnic Innovations Private Limited

Furnic Innovations Private Limited - manufacturing in New Delhi, Delhi, India. Directors, charges & compliance details.
CIN U36997DL2019PTC357240 Incorporated 08 November 2019 ROC Delhi HQ New Delhi, Delhi, India
Struck Off Private Limited Company manufacturing DPIIT Startup
Data last updated
Revenue · FY 2022
₹4.21 Lakh
▲ 345% YoY
Net profit · FY 2022
₹1.48 Lakh
Net margin 35.2%
EBITDA · FY 2022
₹2.97 Lakh
EBITDA margin 70.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
GST registrations
3
None active

About Furnic Innovations Private Limited

Data last updated:

Furnic Innovations Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the manufacturing sector. It was incorporated on 08 November 2019.

The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U36997DL2019PTC357240. The company has 3 GST registrations on record, none of which is active.

The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Ajay Kumar Rastogi and Nikhil Agarwal.

Its last annual general meeting (AGM) was held on 30 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at B 308 First Floor Rear Portion New Friends Colony, New Delhi, Delhi, India – 110065.

As per the financials filed for FY 2022, the company reported a revenue of ₹4.21 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.48 Lakh (net margin 35.2%) and EBITDA of ₹2.97 Lakh (EBITDA margin 70.7%).

The company was associated with 1 brand: Furnic.

Company details

CIN U36997DL2019PTC357240
Registration Number 357240
Incorporation Date 08 November 2019
ROC Delhi
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 August 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
Key People
Ajay Kumar Rastogi Director Nikhil Agarwal Director

Recognitions & Rankings of Furnic Innovations

DPIIT recognised startup Government of India
Startup India

Contact details

Furnic Innovations Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    B 308 First Floor Rear Portion New Friends Colony, New Delhi, Delhi, India – 110065
  • Industry
    Manufacturing, Manufacturing, Other

To see the full contact details of Furnic Innovations Private Limited, buy the company report.

Comprehensive company report
Furnic Innovations Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Furnic Innovations operates one associated brand: Furnic. Each brand links to its own profile.

BrandDescriptionWebsite
Furnic
Provides furniture asset management, installation, maintenance, and rental services.furnic.in

Financials of Furnic Innovations Private Limited

FY 2024 filings available

Furnic Innovations Private Limited reported revenue of ₹4.21 Lakh (up 345% YoY) for FY 2022.

Revenue · FY 2022
₹4.21 Lakh ▲ 345%
Net profit · FY 2022
₹1.48 Lakh margin 35.2%
EBITDA · FY 2022
₹2.97 Lakh margin 70.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 345%

Revenue rose 345% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations₹4.21 Lakh
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹2.97 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.48 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin70.7%
Net Profit Margin35.2%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Furnic Innovations Private Limited, buy the company report.

Board of directors of Furnic Innovations Private Limited

Furnic Innovations has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Ajay Kumar Rastogi
Also directs: Korakanvas Private Limited, Bohojazz Lifestyle Private Limited, Aesthetix Mirea India Private Limited
Director08 Nov 20196 Years 11 MonthsAs last reported
Nikhil AgarwalDirector08 Nov 20196 Years 11 MonthsAs last reported
View all directors

MSME payment delays

No delayed payments to MSME suppliers are on our record for Furnic Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Furnic Innovations has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
3
Cancelled / inactive
3

To see the full GST registrations and return filing status of Furnic Innovations Private Limited, buy the company report.

Recent activity

Furnic Innovations Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Prakhar Rastogi ceased to be Director on 31 Mar 2022.

AGM
Furnic Innovations Private Limited last Annual general meeting of members was held on 30 Aug 2024 as per latest MCA records.
Filing
Furnic Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Prakhar Rastogi ceased to be Director.
Appointed
Ajay Kumar Rastogi was appointed as Director.
Appointed
Nikhil Agarwal was appointed as Director.
Incorporation
08 Nov 2019
Furnic Innovations Private Limited was registered on 08 Nov 2019 with Roc Delhi & aged 6 years 11 months as per MCA records.

Frequently asked questions

Furnic Innovations has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Furnic Innovations was a private limited company based in New Delhi, Delhi, India. The company worked in the manufacturing industry. It was incorporated on 08 November 2019 and is registered under CIN U36997DL2019PTC357240. The company has been struck off by the Registrar of Companies and is no longer operational.

Furnic Innovations had 2 directors:

The CIN (Corporate Identification Number) of Furnic Innovations is U36997DL2019PTC357240. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Furnic Innovations is at B 308 First Floor Rear Portion New Friends Colony, New Delhi, Delhi, India – 110065.

Furnic Innovations was incorporated on 08 November 2019. It is registered with the Registrar of Companies, Delhi.

Yes, Furnic Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

The latest financial statements of Furnic Innovations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 August 2024. Year-wise statements from FY 2020 are in the company report.

No. Furnic Innovations has 3 GST registrations on record and all of them are cancelled or inactive.

Furnic Innovations operated in the manufacturing industry. It worked in this industry before it was struck off.