Choicefurn Tech LLP - consumer electronics & durables in Bangalore, Karnataka, India. Directors, charges & compliance details.
LLPIN AAI-8693 Incorporated 18 March 2017 ROC Bangalore HQ Bangalore, Karnataka, India
Active Limited Liability Partnership consumer electronics and durables
Data last updated
Contribution obligation
₹3.75 Cr
As per LLP agreement
Open charges
₹6.28 Cr
Secured borrowings
LLP age
9 yrs
Est. 2017
Employees · EPFO
27
Provident fund records
Designated partners
2
As per MCA filings
Active GSTINs
1
GST registered
Brands
1
Associated brands
Last financials
Mar 2025
Balance sheet date

About Choicefurn Tech LLP

Data last updated:

Choicefurn Tech LLP is a limited liability partnership (LLP) based in Bangalore, Karnataka, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 18 March 2017 and has been in existence for over 9 years.

The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAI-8693. Its GSTIN is 23AAMFC4484E1ZI (Madhya Pradesh).

The LLP has a total obligation of contribution of ₹3.75 Cr. It is led by designated partners Harish Betala and Gpankaj Jain.

Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 20/3 Aswathkatte Main Road Kasturba Nagar Mysore Road, Bangalore, Karnataka, India – 560026.

The LLP has about 27 employees on its provident fund (EPFO) records.

The LLP is associated with 1 brand: Choice Furntech. As per MCA filings, the LLP has open charges of ₹6.28 Cr on record. Court records list 4 cases involving the LLP, including 3 filed by the LLP; 1 case is pending.

Company Details of Choicefurn Tech LLP
LLPIN AAI-8693
Incorporation Date 18 March 2017
Total Obligation of Contribution ₹3.75 Cr
ROC Bangalore
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    20/3 Aswathkatte Main Road Kasturba Nagar Mysore Road, Bangalore, Karnataka, India – 560026
  • Industry
    Consumer Electronics & Durables, Furniture Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Choicefurn Tech LLP in one report.

Financials from FY 2017 Directors & ownership Charges & compliance

Financials of Choicefurn Tech LLP FY 2025 filings available

Financial Statement Summary of Choicefurn Tech LLP

Statement of Account and SolvencyFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income and Expenditure
Turnover••••••••••••••••••••
Other Income••••••••••••••••••••
Total Income••••••••••••••••••••
Purchases and Direct Costs••••••••••••••••••••
Personnel Expenses••••••••••••••••••••
Administrative Expenses••••••••••••••••••••
Interest••••••••••••••••••••
Depreciation••••••••••••••••••••
Total Expenses••••••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax••••••••••••••••••••
Profit After Tax••••••••••••••••••••
Profit Transferred to Partners••••••••••••••••••••
Assets and Liabilities
Partners' Contribution••••••••••••••••••••
Reserves and Surplus••••••••••••••••••••
Secured Loans••••••••••••••••••••
Unsecured Loans••••••••••••••••••••
Trade Payables••••••••••••••••••••
Other Liabilities and Provisions••••••••••••••••••••
Total Liabilities••••••••••••••••••••
Fixed Assets••••••••••••••••••••
Investments••••••••••••••••••••
Loans and Advances••••••••••••••••••••
Inventories••••••••••••••••••••
Trade Receivables••••••••••••••••••••
Cash and Bank Balance••••••••••••••••••••
Total Assets••••••••••••••••••••

Financial Ratios of Choicefurn Tech LLP

Statement of Account and SolvencyFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
Net Profit Margin••••••••••••••••••••
Return on Partners' Funds••••••••••••••••••••
Return on Assets••••••••••••••••••••
Liquidity and Debt
Current Ratio••••••••••••••••••••
Debt to Partners' Funds••••••••••••••••••••
Interest Coverage••••••••••••••••••••
Efficiency and Growth
Asset Turnover••••••••••••••••••••
Receivable Days••••••••••••••••••••
Turnover Growth••••••••••••••••••••
Profit Growth••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Choicefurn Tech are in the company report.

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Financial statements from FY 2017

Earlier years and trend charts are in the company report.

  • Income statements
  • Balance sheets
  • Cash-flow statements
  • Ratios and benchmarks

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Designated Partners of Choicefurn Tech LLP

Choicefurn Tech has 2 designated partners on record. No former designated partners are listed.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Harish BetalaDesignated Partner18 Mar 20179 Years 6 MonthsCurrent
Gpankaj JainDesignated Partner23 Jul 20188 Years 2 MonthsCurrent

Charges & Borrowings of Choicefurn Tech LLP

Open charges
₹6.28 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹3.00 Cr
State Bank of India₹2.35 Cr
Siemens Financial Services Private Limited₹0.76 Cr
Cholamandalam Investment and Finance Company Limited₹0.17 Cr
Latest charge details
DateLenderAmountStatus
13 Feb 2025Siemens Financial Services Private Limited₹76 LakhOpen
06 Nov 2024Hdfc Bank Limited₹3 CrOpen
07 May 2022Cholamandalam Investment and Finance Company Limited₹17.1 LakhOpen
16 Dec 2021State Bank of India₹11 LakhOpen
14 Oct 2020State Bank of India₹13 LakhOpen

Total charge records: 6 View all charges

Associated Brands with Choicefurn Tech LLP

Choicefurn Tech operates one associated brand: CHOICE FURNTECH. Each brand links to its own profile.

BrandDescriptionWebsite
CHOICE FURNTECH produces high-quality furniture for schools and hostels.choicefurntech.com

Employees and EPFO Compliance at Choicefurn Tech LLP

Employment history and EPFO contributions of people linked to Choicefurn Tech.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

  • Monthly headcount
  • PF contributions
  • ECR filing status
  • Establishment history

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Recent Activity on Choicefurn Tech LLP

Choicefurn Tech LLP has 2 designated partner changes on record since 2017: 2 appointments. The latest: Gpankaj Jain was appointed as Designated Partner on 23 Jul 2018.

AGM
Choicefurn Tech Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Choicefurn Tech Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Siemens Financial Services Private Limited amounted to Rs. 0.76 Cr with Charge ID 101061852 was registered on 13 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.00 Cr with Charge ID 101034303 was registered on 06 Nov 2024.
Charges
A charge with State Bank Of India of Rs. 2.11 Cr registered on 04 May 2019 with Charge ID 100475990 was modified on 25 Jan 2024.
Charges
A charge with Cholamandalam Investment And Finance Company Limited amounted to Rs. 0.17 Cr with Charge ID 100631887 was registered on 07 May 2022.
Charges
A charge with State Bank Of India amounted to Rs. 0.11 Cr with Charge ID 100520484 was registered on 16 Dec 2021.
Charges
A charge with State Bank Of India amounted to Rs. 0.13 Cr with Charge ID 100481235 was registered on 14 Oct 2020.
Charges
A charge with State Bank Of India amounted to Rs. 2.11 Cr with Charge ID 100475990 was registered on 04 May 2019.
Appointed
Gpankaj Jain was appointed as Designated Partner.
Appointed
Harish Betala was appointed as Designated Partner.
Incorporation
18 Mar 2017
Choicefurn Tech Llp was registered on 18 Mar 2017 with Roc Bangalore & aged 9 years 6 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Choicefurn Tech LLP

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Credit ratings, litigation, and regulatory alerts

Credit ratings, court records and regulatory alerts are in the company report.

  • Rating history
  • Court and tribunal cases
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  • Director-linked violations

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MSME Payment Delays by Choicefurn Tech LLP

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

  • Outstanding amounts
  • Delay periods and reasons
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Subsidiaries & Group Companies of Choicefurn Tech LLP

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Choicefurn Tech LLP

Choicefurn Tech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
23AAMFC4484E1ZIMadhya PradeshActive17 Dec 2018
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

  • GSTIN registrations
  • State-wise filing status
  • HSN and SAC details
  • Tax jurisdiction records

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MCA Filings & Documents of Choicefurn Tech LLP

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

  • Incorporation documents
  • Annual returns and statements
  • Charge filings
  • Complete filing index

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Frequently Asked Questions about Choicefurn Tech LLP

Choicefurn Tech is an active limited liability partnership based in Bangalore, Karnataka, India. The LLP works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 18 March 2017 (9+ years old) and is registered under LLPIN AAI-8693.

Choicefurn Tech has 2 current designated partners:

The GSTIN of Choicefurn Tech is 23AAMFC4484E1ZI, registered in Madhya Pradesh.

The LLPIN (Limited Liability Partnership Identification Number) of Choicefurn Tech is AAI-8693. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Choicefurn Tech has 4 court cases on record: 3 filed by the LLP. 1 is pending.

Choicefurn Tech was incorporated on 18 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

Gpankaj Jain was appointed as Designated Partner on 23 Jul 2018. Harish Betala was appointed as Designated Partner on 18 Mar 2017.

The registered office of Choicefurn Tech is at 203 Aswathkatte Main Road Kasturba Nagar Mysore Road, Bangalore, Karnataka, India – 560026.

The total obligation of contribution is ₹3.75 Cr.

Choicefurn Tech operates in the consumer electronics and durables industry, in the furniture manufacturing segment.

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