Futurista Home Solutions Private Limited
About Futurista Home Solutions Private Limited
Data last updated:
Futurista Home Solutions Private Limited was a private limited company based in Ludhiana, Punjab, 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 wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 12 October 2015.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U31506PB2015PTC039811. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.7 Lakh. It was led by directors including Harkirat Singh Ryait and Jasbir Singh Ryait.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at G.S. Estate G.T. Road Dhandari Kalan, Ludhiana, Punjab, India – 141014.
As per the financials filed for FY 2020, the company reported a revenue of ₹91,446. For the same year it recorded a net profit of ₹72,863 (net margin 79.7%) and EBITDA of ₹86,696 (EBITDA margin 94.8%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years.
Company details
Contact details
Futurista Home Solutions Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address is in the company report.
- Email
- Registered AddressG.S. Estate G.T. Road Dhandari Kalan, Ludhiana, Punjab, India – 141014
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Futurista 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
Financials of Futurista Home Solutions Private Limited
FY 2020 filings availableFuturista Home Solutions Private Limited reported revenue of ₹91,446 for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over three years. EBITDA rose 512% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹86,696 | ||||
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| Net Profit (PAT) | ₹72,863 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | 94.8% | ||||
| Net Profit Margin | 79.7% | ||||
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To see the full financial statements and ratios of Futurista Home Solutions Private Limited, buy the company report.
Board of directors of Futurista Home Solutions Private Limited
Futurista Home Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harkirat Singh Ryait | Director | 12 Oct 2015 | 11 Years 1 Months | As last reported |
| Jasbir Singh Ryait | Director | 12 Oct 2015 | 11 Years 1 Months | As last reported |
| Dalvinder Kaur Ryait Also directs: G S Auto International Limited, G J Holdings Private Limited | Director | 14 Nov 2015 | 11 Years 0 Months | As last reported |
Peer comparison
Futurista Home Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kukreja Marketing Private Limited | ₹94,976 (FY 2024) | -100.0% | Gwalior, Madhya Pradesh, India | |||
| Eff4 Technologies Private Limited | ₹94,953 (FY 2024) | 863109.0% | Delhi, India | |||
| Futurista Home Solutions Private Limitedthis company | ₹91,446 (FY 2020) | ₹72,863 | 79.7% | Ludhiana, Punjab, India | ||
| I.L.I Private Limited | ₹87,500 (FY 2024) | Bangalore, Karnataka, India |
To see the full peer comparison of Futurista Home Solutions Private Limited, buy the company report.
Auditor
Futurista Home Solutions Private Limited is audited by NANDA & BHATIA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NANDA & BHATIA | FY 2017 | 004342N |
Shareholding
The shareholding of Futurista Home Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Futurista Home Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Futurista Home Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Futurista Home Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Futurista 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 Futurista Home Solutions Private Limited, buy the company report.
Recent activity
Futurista Home Solutions Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Dalvinder Kaur Ryait ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
Futurista Home Solutions 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.
Futurista Home Solutions was a private limited company based in Ludhiana, Punjab, India. The company worked in wholesale, within the trading industry. It was incorporated on 12 October 2015 and is registered under CIN U31506PB2015PTC039811. The company has been struck off by the Registrar of Companies and is no longer operational.
Futurista Home Solutions had 3 directors:
- Harkirat Singh Ryait - Director
- Jasbir Singh Ryait - Director
- Dalvinder Kaur Ryait - Director
The CIN (Corporate Identification Number) of Futurista Home Solutions is U31506PB2015PTC039811. 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 Futurista Home Solutions is at G.S. Estate G.T. Road Dhandari Kalan, Ludhiana, Punjab, India – 141014.
Futurista Home Solutions was incorporated on 12 October 2015. It is registered with the Registrar of Companies, Chandigarh.
The latest financial statements of Futurista Home Solutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2016 are in the company report.
No. Futurista Home Solutions has 1 GST registration on record and it is cancelled or inactive.
Futurista Home Solutions operated in the trading industry, in the wholesale segment. It worked in this industry before it was struck off.
The peers of Futurista Home Solutions by revenue are Kukreja Marketing Private Limited, Eff4 Technologies Private Limited, I.L.I Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (wholesale trading).
Dalvinder Kaur Ryait ceased to be Additional Director on 30 Sep 2016. Dalvinder Kaur Ryait was appointed as Director on 14 Nov 2015. Harkirat Singh Ryait was appointed as Director on 12 Oct 2015. Futurista Home Solutions has 4 board changes on record in total.
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