Furnitech Seating Systems (India) Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Pune, Maharashtra, India, established in 1997.

1997 Pune, Maharashtra, India Active

Last Updated: March 06, 2026

About Furnitech Seating Systems (India) Private Limited

Furnitech Seating Systems (India) Private Limited, a active private limited company, was established on 03 March 1997 in Pune, Maharashtra, India. Engaging in furniture manufacturing within the manufacturing sector, it holds CIN: U36101PN1997PTC106268. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹4.50 M.

It upholds a compliant status. Its leadership includes Jinal Dhawalkumar Shah (Whole-Time Director), Dhawal Shah (Managing Director). Past directors included Jinal Dhawalkumar Shah, Sangeeta Nainesh Nandu, Muljibhai Pancharia Shah. It holds ₹7.29 Cr open charges and ₹2.50 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 63/2, Shivrainagar, Near Mahesh Sanskrutik Bhavan, Opp Vit Hostel, Kondhwa Budruk,, Pune, Maharashtra, 411048.

Company Details

CIN/LLPIN
U36101PN1997PTC106268
Registration Number
106268
Incorporation Date
03 March 1997
Authorized Capital
₹5.00 M
Paid-Up Capital
₹4.50 M
ROC Code
Roc Pune
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 5.00 M as on 06-03-2026
Paid Up Capital ₹ 4.50 M as on 06-03-2026
Company Age 29 Year, 9 Days
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 7.29 Cr as on 06-03-2026
Satisfied Charges ₹ 2.50 Cr as on 06-03-2026
Revenue Growth **** 21.22% (FY 2023)
Profit Growth **** -87.86% (FY 2023)
Ebitda **** -60.08% (FY 2023)
Net Worth 6.81% (FY 2023)
Total Assets **** 22.44% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Furnitech Seating Systems (India) 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 Furnitech Seating Systems (India) Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Jinal Dhawalkumar Shah	Whole-Time Director	26 Mar 2012	Current
Dhawal Shah	Managing Director	30 Sep 1997	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	02 Apr 2017	Past
Pramod Abcsdd	Director	27 Mar 2012	Past
Pramod Abcsdd	Director	03 Dec 2010	Past

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Financial Performance of Furnitech Seating Systems (India).

Furnitech Seating Systems (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.22% increase. The company also saw a substantial fall in profitability, with a 87.86% decrease in profit. The company's net worth moved up by a moderate rise of 6.81%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

21.22%

*******

Revenue from Operations

*******

20.78%

*******

Total Assets

*******

22.44%

*******

Profit or Loss

*******

-87.86%

*******

Net Worth

*******

6.81%

*******

EBITDA

*******

-60.08%

*******

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What is the Ownership and Shareholding Structure of Furnitech Seating Systems (India)?

In 2023, Furnitech Seating Systems (India) had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹72,934,000.00

Satisfied Charges

₹25,000,000.00

Charges Breakdown by Lending Institutions

Others : 7.29 Cr

Latest Charge Details

Date	Lender	Amount	Status
28 Sep 2018	Others	₹7.29 Cr	Open
21 Apr 2015	Idbi Bank Limited	₹2.50 Cr	Satisfied

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How Many Employees Work at Furnitech Seating Systems (India)?

Unlock and access historical data on people associated with Furnitech Seating Systems (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Furnitech Seating Systems (India), 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 Furnitech Seating Systems (India)'s trajectory.

Rating

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

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.

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Latest Updates, News, and FAQs on Furnitech Seating Systems (India)

Recent Activity within the Organization

Annual General Meeting

Progress on Furnitech Seating Systems (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
30 Sep 2024
Balance Sheet

Furnitech Seating Systems (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune. was recorded as a recent event.
31 Mar 2024
Charges

The activity A charge with Others of Rs. 72.93 M registered on 28 Sep 2018 with Charge ID 100207283 was modified on 26 Oct 2023. was completed.
26 Oct 2023
Charges

The activity A charge registered on 21 Apr 2015 via Charge ID 10587759 with Idbi Bank Limited was fully satisfied on 15 May 2019. was completed.
15 May 2019
Charges

The activity A charge with Others amounted to Rs. 72.93 M with Charge ID 100207283 was registered on 28 Sep 2018. was completed.
28 Sep 2018
Charges

Progress on A charge with Idbi Bank Limited of Rs. 25.00 M registered on 21 Apr 2015 with Charge ID 10587759 was modified on 14 Dec 2017. was documented.
14 Dec 2017

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