MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-22-0026689
Modufurn Enterprise Private Limited - consumer electronics & durables in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹3.54 Cr
▼ 68% YoY
Net loss · FY 2021
₹77.86 Lakh
Net margin -22%
EBITDA · FY 2021
-₹29.44 Lakh
EBITDA margin -8.3%
Authorised capital
₹1.75 Cr
Registered with MCA
Paid-up capital
₹1.53 Cr
Issued & subscribed
Open charges
₹4.51 Cr
Satisfied ₹2.84 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
1
Provident fund records
About Modufurn Enterprise Private Limited
Data last updated:
Modufurn Enterprise Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 05 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36100GJ2013PTC075478. Its GSTIN is 24AAICM6591P1ZP (Gujarat).
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.53 Cr. It is led by directors including Chirag Janakbhai Patel and Mahipal Mangilal Mistry.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Survey No.35/36 Plot No.54 1st Floor Balaji Industrial Society – 2 U.M. Road, Surat, Gujarat, India – 395007.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.54 Cr, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹77.86 Lakh (net margin -22%) and EBITDA of -₹29.44 Lakh (EBITDA margin -8.3%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 8% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Modufurn. As per MCA filings, the company has open charges of ₹4.51 Cr and satisfied charges of ₹2.84 Cr on record. Court records list 7 cases involving the company, including 7 filed against it; 2 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹86.1 Lakh; the latest was in March 2018.
Modufurn Enterprise Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0026689). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website modufurn.in.
Company details
CIN U36100GJ2013PTC075478
Registration Number 075478
Incorporation Date 05 June 2013
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-22-0026689
Key People
Chirag Janakbhai Patel Director Mahipal Mangilal Mistry Director Dhavalkumar Govindbhai Dhola Director Recognitions & Rankings of Modufurn Enterprise
Contact details
Modufurn Enterprise Private Limited's registered office is in Surat, Gujarat. Its website is modufurn.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressSurvey No.35/36 Plot No.54 1st Floor Balaji Industrial Society – 2 U.M. Road, Surat, Gujarat, India – 395007
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Modufurn Enterprise Private Limited, buy the company report.
Comprehensive company report
Modufurn Enterprise 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Modufurn Enterprise operates one associated brand: Modufurn. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides custom modular furniture for kitchens, wardrobes, and interior projects. | modufurn.in |
Business activity
The main business activity of Modufurn Enterprise is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Modufurn Enterprise Private Limited, buy the company report.
Financials of Modufurn Enterprise Private Limited
FY 2021 filings availableModufurn Enterprise Private Limited reported revenue of ₹3.54 Cr (down 68% YoY) for FY 2021.
Revenue · FY 2021
₹3.54 Cr ▼ 68%
Net loss · FY 2021
₹77.86 Lakh margin -22%
EBITDA · FY 2021
-₹29.44 Lakh margin -8.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 68%
3 years · compounded
▼ 26%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▼ 187%
3 years · compounded
▼ 59%
5 years · compounded
▼ 38%
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 68% fall in the latest year. EBITDA fell 187% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.54 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹29.44 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹77.86 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.3% | ||||
| Net Profit Margin | -22% | ||||
| 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 Modufurn Enterprise Private Limited, buy the company report.
Board of directors of Modufurn Enterprise Private Limited
Modufurn Enterprise has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chirag Janakbhai Patel | Director | 05 Oct 2017 | 9 Years 1 Months | Current |
| Mahipal Mangilal Mistry Also directs: Avante Tradx LLP | Director | 05 Jun 2013 | 13 Years 5 Months | Current |
| Dhavalkumar Govindbhai Dhola | Director | 05 Jun 2013 | 13 Years 5 Months | Current |
| Ravi Devrajbhai Kalathiya | Director | 05 Oct 2017 | 9 Years 1 Months | Current |
Auditor
Modufurn Enterprise Private Limited is audited by P SINGHI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P SINGHI & ASSOCIATES | FY 2021 | 155577W |
Shareholding
The shareholding of Modufurn Enterprise Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Modufurn Enterprise Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.51 Cr
Satisfied charges
₹2.84 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 May 2019 | 100267084 | Others | ₹61.31 Lakh | Open | |
| 26 Apr 2019 | 100266742 | Others | ₹90 Lakh | Open | |
| 26 Apr 2019 | 100266744 | Others | ₹1.5 Cr | Open | |
| 29 Mar 2014 | 10489087 | Axis Bank Limited | ₹1.5 Cr | Open | |
| 04 Apr 2018 | 100172873 | Others | ₹2.84 Cr | Satisfied |
To see the full charge records of Modufurn Enterprise Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Modufurn Enterprise Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹86.1 Lakh; the latest was in March 2018.
Total deals
4
Secondary share transfers
3
Funding round
1
Disclosed funding
₹86.1 Lakh
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Evershine Appliances Private Limited, 2 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Evershine Appliances Private Limited |
| Jan 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Jan 2014 | Funding round | ₹86.1 Lakh | Investors: Evershine Appliances Private Limited, 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Modufurn Enterprise Private Limited has 7 court cases on record: 7 filed against it. 2 cases are pending and 5 are disposed.
Total cases
7
Filed against the company
7
Pending
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by Hettich India Pvt Ltd | Disposed |
| District court, Nashik, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, SURAT, Gujarat | Criminal miscellaneous application | Filed against the company by Deutsche Bank | Disposed |
| District court, SURAT, Gujarat | Court case (SMST R) | Filed against the company by an individual | Disposed |
To see the full case history of Modufurn Enterprise 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
No delayed payments to MSME suppliers are on our record for Modufurn Enterprise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Modufurn Enterprise Private Limited has a workforce of 1 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
Employee growth
-83.33%
GST
Modufurn Enterprise has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICM6591P1ZP | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Modufurn Enterprise Private Limited, buy the company report.
Recent activity
Modufurn Enterprise Private Limited has 10 board changes on record since 2013: 4 appointments and 6 cessations. The latest: Dhavalkumar Govindbhai Dhola ceased to be Director on 13 Aug 2022.
Ceased
Dhavalkumar Govindbhai Dhola ceased to be Director.
AGM
Modufurn Enterprise Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Modufurn Enterprise Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ahmedabad.
Charges
A charge registered on 04 Apr 2018 via Charge ID 100172873 with Others was fully satisfied on 24 May 2019.
Charges
A charge with Others amounted to Rs. 0.61 Cr with Charge ID 100267084 was registered on 03 May 2019.
Charges
A charge with Others amounted to Rs. 0.90 Cr with Charge ID 100266742 was registered on 26 Apr 2019.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100266744 was registered on 26 Apr 2019.
Ceased
Chirag Janakbhai Patel ceased to be Additional Director.
Ceased
Ravi Devrajbhai Kalathiya ceased to be Additional Director.
Charges
A charge with Others of Rs. 2.84 Cr registered on 04 Apr 2018 with Charge ID 100172873 was modified on 05 Jun 2018.
Charges
A charge with Others amounted to Rs. 2.84 Cr with Charge ID 100172873 was registered on 04 Apr 2018.
Ceased
Raghubhai Girdharbhai Padmani ceased to be Director.
8 earlier events are in the company report.
Frequently asked questions
Modufurn Enterprise is an active private limited company based in Surat, Gujarat, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 05 June 2013 (13+ years old) and is registered under CIN U36100GJ2013PTC075478.
Modufurn Enterprise has 4 current directors:
- Chirag Janakbhai Patel - Director
- Mahipal Mangilal Mistry - Director
- Dhavalkumar Govindbhai Dhola - Director
- Ravi Devrajbhai Kalathiya - Director
The latest financial statements of Modufurn Enterprise on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Modufurn Enterprise is 24AAICM6591P1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Modufurn Enterprise is U36100GJ2013PTC075478. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modufurn Enterprise has 7 court cases on record: 7 filed against it. 2 are pending.
Modufurn Enterprise was incorporated on 05 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Modufurn Enterprise has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹86.1 Lakh; the latest was in March 2018.
Dhavalkumar Govindbhai Dhola ceased to be Director on 13 Aug 2022. Chirag Janakbhai Patel ceased to be Additional Director on 30 Sep 2018. Ravi Devrajbhai Kalathiya ceased to be Additional Director on 30 Sep 2018. Modufurn Enterprise has 10 board changes on record in total.
Yes, Modufurn Enterprise is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-22-0026689).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages