Home Idea Upholstery Private Limited

Home Idea Upholstery Private Limited - manufacturing in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U51311MH2008PTC187390 Incorporated 08 October 2008 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Private Limited Company manufacturing
Data last updated
Revenue · FY 2016
₹91.48 Lakh
▼ 99% YoY
Net profit · FY 2016
₹90.92 Lakh
Net margin 99.4%
EBITDA · FY 2016
₹91.37 Lakh
EBITDA margin 99.9%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹98 Lakh
Issued & subscribed
Satisfied charges
₹33.5 Cr
No open charges
Company age
18 yrs
Est. 2008
Directors on board
3
As per MCA filings

About Home Idea Upholstery Private Limited

Data last updated:

Home Idea Upholstery Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 08 October 2008.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51311MH2008PTC187390. The company has 2 GST registrations on record, none of which is active.

The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹98 Lakh. It was led by directors including Arvind Madhavprasad Poddar and Ajay Virender Arora.

Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 972 Solitaire Corporate Park, Mumbai, Maharashtra.

As per the financials filed for FY 2016, the company reported a revenue of ₹91.48 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net profit of ₹90.92 Lakh (net margin 99.4%) and EBITDA of ₹91.37 Lakh (EBITDA margin 99.9%).

As per MCA filings, the company had satisfied charges of ₹33.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

The last known website on record is home-ideas.in.

Company details

CIN U51311MH2008PTC187390
Registration Number 187390
Incorporation Date 08 October 2008
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 September 2016
Date of Balance Sheet 31 March 2016

Contact details

Home Idea Upholstery Private Limited's registered office is in Mumbai, Maharashtra. Its website is home-ideas.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    972 Solitaire Corporate Park Bldg No 9 167 Guru Hargovindji Marg Andheri(East, ), Mumbai, Maharashtra, India – 400093
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Home Idea Upholstery Private Limited, buy the company report.

Comprehensive company report
Home Idea Upholstery Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Home Idea Upholstery is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

Financials of Home Idea Upholstery Private Limited

FY 2016 filings available

Home Idea Upholstery Private Limited reported revenue of ₹91.48 Lakh (down 99% YoY) for FY 2016.

Revenue · FY 2016
₹91.48 Lakh ▼ 99%
Net profit · FY 2016
₹90.92 Lakh margin 99.4%
EBITDA · FY 2016
₹91.37 Lakh margin 99.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 99%
EBITDA CAGR growth
1 year
▼ 94%

Revenue fell 99% in the latest year. EBITDA fell 94% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹91.37 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹90.92 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin99.9%
Net Profit Margin99.4%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Home Idea Upholstery Private Limited, buy the company report.

Board of directors of Home Idea Upholstery Private Limited

Home Idea Upholstery has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Arvind Madhavprasad PoddarDirector16 Sep 201313 Years 1 MonthsAs last reported
Ajay Virender AroraDirector08 Oct 200818 Years 1 MonthsAs last reported
Simone Ajay AroraDirector25 May 201016 Years 5 MonthsAs last reported

Auditor

Home Idea Upholstery Private Limited is audited by RAMAN S SHAH & ASSOCIATES for the financial year 2015.

Auditor firmFinancial yearFirm registration number
RAMAN S SHAH & ASSOCIATESFY 2015119891W

Shareholding

The shareholding of Home Idea Upholstery Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Home Idea Upholstery Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹33.5 Cr
Breakdown by lending institutions
Union Bank of India₹18.50 Cr
Icici Bank₹15.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Oct 201210387388Icici Bank₹15 CrSatisfied
18 Jul 201110299150Union Bank of India₹3 CrSatisfied
31 Aug 200910174900Union Bank of India₹15.5 CrSatisfied

To see the full charge records of Home Idea Upholstery Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Home Idea Upholstery Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Home Idea Upholstery has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Home Idea Upholstery Private Limited, buy the company report.

Recent activity

Home Idea Upholstery Private Limited has 10 board changes on record since 2008: 3 appointments and 7 cessations. The latest: Arvind Madhavprasad Poddar was appointed as Director on 16 Sep 2013.

AGM
Home Idea Upholstery Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.
Filing
Home Idea Upholstery Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Mumbai.
Charges
A charge registered on 18 Jul 2011 via Charge ID 10299150 with Union Bank Of India was fully satisfied on 13 Oct 2015.
Charges
A charge registered on 31 Aug 2009 via Charge ID 10174900 with Union Bank Of India was fully satisfied on 13 Oct 2015.
Charges
A charge registered on 25 Oct 2012 via Charge ID 10387388 with Icici Bank was fully satisfied on 17 Jun 2015.
Charges
A charge with Union Bank Of India of Rs. 15.50 Cr registered on 31 Aug 2009 with Charge ID 10174900 was modified on 30 Aug 2014.
Appointed
Arvind Madhavprasad Poddar was appointed as Director.
Ceased
Sanjay Arora Virendrakumar ceased to be Director.
Ceased
Sameetaa Arora Sanjay ceased to be Director.
Charges
A charge with Icici Bank amounted to Rs. 15.00 Cr with Charge ID 10387388 was registered on 25 Oct 2012.
Ceased
Arvind Madhavprasad Poddar ceased to be Director.
Ceased
Sameer Mahesh Kanani ceased to be Director.

8 earlier events are in the company report.

Frequently asked questions

Home Idea Upholstery has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Home Idea Upholstery was a private limited company based in Mumbai, Maharashtra, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 08 October 2008 and is registered under CIN U51311MH2008PTC187390. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Home Idea Upholstery was incorporated on 08 October 2008. It is registered with the Registrar of Companies, Mumbai.

Home Idea Upholstery had 3 directors:

The CIN (Corporate Identification Number) of Home Idea Upholstery is U51311MH2008PTC187390. 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 Home Idea Upholstery is at 972 Solitaire Corporate Park Bldg No 9 167 Guru Hargovindji Marg AndheriEast, , Mumbai, Maharashtra, India – 400093.

Home Idea Upholstery can be reached through the website home-ideas.in. Its registered office is in Mumbai, Maharashtra, India.

The latest financial statements of Home Idea Upholstery on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.

No. Home Idea Upholstery has 2 GST registrations on record and all of them are cancelled or inactive.

Home Idea Upholstery operated in the manufacturing industry, in the textile and fabric production segment.