Akshay Furnitures Private Limited Company Logo

Akshay Furnitures Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Bengaluru, Karnataka, India, established in 2003.

2003 | Bengaluru, Karnataka, India | Active
Last Updated:

About Akshay Furnitures Private Limited

Akshay Furnitures Private Limited, a active private limited company, was established on 18 June 2003 in Bengaluru, Karnataka, India. Engaging in furniture manufacturing within the trade sector, it holds CIN: U36109KA2003PTC032113. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹6.00 M.

Formerly known as Ikian Furnitures Private Limited. It upholds a compliant status. Employing 26 professional, Its leadership includes Ramesh Kumar Dugar (Director), Namrata Dugar (Managing Director). Past directors included Akshay Dugar, Dinesh Bhandari, Krishna Gadiganna. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No.58/10, Kudlu Village, Madiwala Post,, Bengaluru, Karnataka, 560068.

Company Details

  • CIN/LLPIN

    U36109KA2003PTC032113

  • Registration Number

    032113

  • Incorporation Date

    18 June 2003

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹6.00 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.00 M
  • Company Age 22 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -40.49%
  • Profit Growth 84.73%
  • Ebitda -817.50%
  • Net Worth 46.90%
  • Total Assets -49.41%
Company report

Akshay Furnitures Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Akshay Furnitures Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Akshay Furnitures Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Ramesh Kumar DugarDirector01 Sep 2005Current
Namrata DugarManaging Director18 Jun 2003Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector04 Apr 2018Past
Pramod AbcsddDirector26 Dec 2017Past
Pramod AbcsddDirector25 May 2022Past
Pramod AbcsddAdditional Director29 Sep 2018Past
Pramod AbcsddDirector15 Dec 2018Past

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Financial Performance of Akshay Furnitures.

Akshay Furnitures Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 40.49% decrease. The company also saw a substantial improvement in profitability, with a 84.73% increase in profit. The company's net worth Soared by an impressive increase of 46.9%.

Akshay Furnitures revenue growth over time
Akshay Furnitures 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
-40.49%
Revenue from Operations
-70.13%
Total Assets
-49.41%
Profit or Loss
84.73%
Net Worth
46.90%
EBITDA
-817.50%

What is the Ownership and Shareholding Structure of Akshay Furnitures?

In 2023, Akshay Furnitures had a public holding of 17.34%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Akshay Furnitures?

Akshay Furnitures has a workforce of 26 employees as of Apr 06, 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.

Employee growth trends for Akshay Furnitures Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akshay Furnitures, 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 Akshay Furnitures'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 Akshay Furnitures

Recent Activity within the Organization

  • Annual General Meeting

    Akshay Furnitures Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Akshay Furnitures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    Ramesh Kumar Dugar was appointed as a Director was appointed as a Director on 01 Sep 2005 & has been associated with this company since 20 years 2 months . was recorded as a recent event.

  • Director Appointment

    Progress on Namrata Dugar was appointed as a Managing Director was appointed as a Managing Director on 18 Jun 2003 & has been associated with this company since 22 years 5 months . was documented.

  • Company Incorporation

    The activity Akshay Furnitures Private Limited was registered on 18 Jun 2003 with Roc Bangalore & aged 22 years 5 months as per MCA records. was completed.

Frequently Asked Questions

  • What is the CIN of Akshay Furnitures Private Limited?

    The CIN of Akshay Furnitures Private Limited is U36109KA2003PTC032113.

  • Where is Akshay Furnitures Private Limited headquartered?

    Akshay Furnitures Private Limited is headquartered at No.58/10, Kudlu Village, Madiwala Post,, Bengaluru, Karnataka, 560068.

  • When was Akshay Furnitures Private Limited incorporated?

    Akshay Furnitures Private Limited was incorporated on 18 June 2003.

  • Who are the current directors of Akshay Furnitures Private Limited?

    The current directors of Akshay Furnitures Private Limited are

  • What is the primary industry of Akshay Furnitures Private Limited?

    The primary industry of Akshay Furnitures Private Limited is Trade.

  • Is Akshay Furnitures Private Limited a listed company?

    Akshay Furnitures Private Limited is unlisted.

  • What is the capital structure of Akshay Furnitures Private Limited?

    The authorized capital of Akshay Furnitures Private Limited is ₹1.00 Cr, and the paid-up capital is ₹6.00 M.

  • What is the compliance status of Akshay Furnitures Private Limited?

    The compliance status of Akshay Furnitures Private Limited is Compliant.

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