About Home Alankar Retail Network Private Limited
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Home Alankar Retail Network Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the home furnishings and accessories retail segment of the home and lifestyle products sector. It was incorporated on 06 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC129355. Its GSTIN is 29AABCY1772F1Z6 (Karnataka). The company holds 12 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Manav Goel (Managing Director) and Karan Goel.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No 56 New Timberyard Layout Mysore Road, Bangalore, Karnataka, India – 560026.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.86 Cr, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹9.51 Cr (net margin -195.4%) and EBITDA of -₹7.19 Cr (EBITDA margin -147.9%).
The company has about 23 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: YouKraft. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹75.94 Cr; the latest was in April 2022. The company has 7 MSME Form 1 returns on record between 2021 and 2023, listing 84 overdue payments to 50 micro and small suppliers.
For more details, the company can be reached via its website youkraft.com.
Company details
Contact details
Home Alankar Retail Network Private Limited's registered office is in Bangalore, Karnataka. Its website is youkraft.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressNo 56 New Timberyard Layout Mysore Road, Bangalore, Karnataka, India – 560026
- IndustryHome & Lifestyle, Home Furnishings & Accessories Retail
To see the full contact details of Home Alankar Retail Network 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
Brands
Home Alankar Retail Network operates one associated brand: YouKraft. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Home improvement products are offered via an online marketplace. | youkraft.com |
Business activity
The main business activity of Home Alankar Retail Network is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Home Alankar Retail Network Private Limited, buy the company report.
Financials of Home Alankar Retail Network Private Limited
FY 2023 filings availableHome Alankar Retail Network Private Limited reported revenue of ₹4.86 Cr (down 82% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 82% in the latest year. EBITDA rose 69% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹7.19 Cr | ||||
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| Net Profit (PAT) | -₹9.51 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -147.9% | ||||
| Net Profit Margin | -195.4% | ||||
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To see the full financial statements and ratios of Home Alankar Retail Network Private Limited, buy the company report.
Board of directors of Home Alankar Retail Network Private Limited
Home Alankar Retail Network has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karan Goel Also directs: Sajjan Investments Private Limited, Woodkraft (India) Private Limited, Ultragrid Engineering Services Private Limited and 5 more | Director | 06 Nov 2019 | 6 Years 11 Months | Current |
| Manav Goel Also directs: Sajjan Investments Private Limited, Woodkraft (India) Private Limited, Ultragrid Engineering Services Private Limited and 5 more | Managing Director | 06 Nov 2019 | 6 Years 11 Months | Current |
Auditor
Home Alankar Retail Network Private Limited is audited by DAYANANDA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DAYANANDA & CO | FY 2023 | 016528S |
Shareholding
The shareholding of Home Alankar Retail Network Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Home Alankar Retail Network Private Limited, buy the company report.
Deals & funding
Home Alankar Retail Network Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹75.94 Cr; the latest was in April 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Funding round | ₹75.94 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Home Alankar Retail Network Private Limited has 2 court cases on record: 1 filed by Home Alankar Retail Network, 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Future Step Recruitment Services Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by Futurestep Recruitment Services Pvt Ltd | Pending |
To see the full case history of Home Alankar Retail Network Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Home Alankar Retail Network Private Limited has 7 MSME Form 1 returns on record between 2021 and 2023, listing 84 overdue payments to 50 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 50)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Crossdomain Solutions Private Limited (People Works | |||
| V I P Extrusions | |||
| an individual supplier |
To see the full MSME payment records of Home Alankar Retail Network Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Home Alankar Retail Network Private Limited has a workforce of 23 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Home Alankar Retail Network has 12 GST registrations: 12 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCY1772F1Z6 | Karnataka | Active | 18 Dec 2019 |
| 29AABCY1772F1CH | Karnataka | Active | 09 Feb 2022 |
| 27AABCY1772F1CL | Maharashtra | Active | 17 Mar 2022 |
| 08AABCY1772F1CL | Rajasthan | Active | 23 Mar 2022 |
To see the full GST registrations and return filing status of Home Alankar Retail Network Private Limited, buy the company report.
Recent activity
Home Alankar Retail Network Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Karan Goel was appointed as Director on 06 Nov 2019.
Frequently asked questions
Home Alankar Retail Network is an active private limited company based in Bangalore, Karnataka, India. The company works in home furnishings and accessories retail, within the home and lifestyle industry. It was incorporated on 06 November 2019 (7+ years old) and is registered under CIN U72900KA2019PTC129355.
Home Alankar Retail Network has 2 current directors:
- Manav Goel - Managing Director
- Karan Goel - Director
The latest financial statements of Home Alankar Retail Network on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Home Alankar Retail Network is 29AABCY1772F1Z6, registered in Karnataka. The company has 12 GST registrations in all, of which 12 are active. Other active GSTINs include 29AABCY1772F1CH (Karnataka), 27AABCY1772F1CL (Maharashtra), 08AABCY1772F1CL (Rajasthan).
The CIN (Corporate Identification Number) of Home Alankar Retail Network is U72900KA2019PTC129355. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Home Alankar Retail Network has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Home Alankar Retail Network was incorporated on 06 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Home Alankar Retail Network has 1 deal on record (1 funding round), with disclosed funding of ₹75.94 Cr; the latest was in April 2022.
Karan Goel was appointed as Director on 06 Nov 2019. Manav Goel was appointed as Managing Director on 06 Nov 2019.
Home Alankar Retail Network has 7 MSME Form 1 returns on record between 2021 and 2023, listing 84 overdue payments to 50 micro and small suppliers. The latest return was filed on 23 Feb 2024.
Home Alankar Retail Network can be reached through the website youkraft.com. Its registered office is in Bangalore, Karnataka, India.