Murudeshwar Decor Private Limited
About Murudeshwar Decor Private Limited
Data last updated:
Murudeshwar Decor Private Limited is a private limited company based in Karnataka, India. It operates in the sanitaryware and tile segment of the manufacturing sector. It was incorporated on 15 July 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1992PTC013353. Its GSTIN is 29AACCM2218F1ZQ (Karnataka).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.42 Cr. It was formerly known as Murudeshwar Decor Limited. It is led by directors including Adithi Jeevan Shetty and Shobha Jeevan Shetty.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No 49 A KIADB Industrialarea Hoskote Bangalore., Karnataka, India – 562114.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.02 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹1.4 Lakh (net margin -137.2%) and EBITDA of -₹62,653 (EBITDA margin -61.3%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 58% over five years.
As per MCA filings, the company has satisfied charges of ₹5.3 Cr on record. Court records list 9 cases involving the company, including 3 filed by the company and 6 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Murudeshwar Decor has one previous CIN (Corporate Identification Number): U85110KA1992PLC013353. The current CIN is U85110KA1992PTC013353, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1992PTC013353 | Current |
| U85110KA1992PLC013353 | Previous |
Contact details
Murudeshwar Decor Private Limited's registered office is in Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 49 A KIADB Industrialarea Hoskote Bangalore., Karnataka, India – 562114
- IndustryManufacturing, Sanitaryware & Tile, Ceramics
To see the full contact details of Murudeshwar Decor 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
Business activity
The main business activity of Murudeshwar Decor 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 Murudeshwar Decor Private Limited, buy the company report.
Financials of Murudeshwar Decor Private Limited
FY 2024 filings availableMurudeshwar Decor Private Limited reported revenue of ₹1.02 Lakh (down 95% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 58% over five years, including a 95% fall in the latest year. EBITDA rose 96% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹62,653 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.4 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -61.3% | ||||
| Net Profit Margin | -137.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Murudeshwar Decor Private Limited, buy the company report.
Board of directors of Murudeshwar Decor Private Limited
Murudeshwar Decor has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Adithi Jeevan Shetty | Director | 04 Aug 2023 | 3 Years 3 Months | Current |
| Ramakrishnan Rajagopal | Nominee Director | 30 Aug 1996 | 30 Years 2 Months | Current |
| Shobha Jeevan Shetty Also directs: Sudha RNS LLP, Sai Designer Building Materials Private Limited, Naveen Hotels Private Limited and 2 more | Director | 15 Jul 1992 | 34 Years 3 Months | Current |
| Shachi Jeevan Shetty Also directs: Sai Designer Building Materials Private Limited, RNS Power Limited | Director | 19 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Murudeshwar Decor Private Limited is audited by BVC & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BVC & CO | FY 2023 | 008154S |
Shareholding
The shareholding of Murudeshwar Decor Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Murudeshwar Decor Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 1998 | 90199164 | Canara Bank | ₹88 Lakh | Satisfied | |
| 17 Jun 1998 | 90197381 | Canara Bank | ₹20 Lakh | Satisfied | |
| 15 Apr 1996 | 90197017 | Canara Bank | ₹10 Lakh | Satisfied | |
| 24 Jan 1996 | 90198880 | Canara Bank | ₹2.45 Cr | Satisfied | |
| 21 Sep 1994 | 90198768 | Canara Bank | ₹15 Lakh | Satisfied |
To see the full charge records of Murudeshwar Decor Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Murudeshwar Decor Private Limited has 9 court cases on record: 3 filed by Murudeshwar Decor, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 5 | 0 |
| District courts | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0405-Indirect Taxes Matters : Sales Tax Act (Central & various States)) | Filed against the company by State of Karnataka | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against The Deputy Commissioner of Commercial Taxes | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by The Commissioner of Income Tax | Disposed |
| High Court of Karnataka | Tax appeal | Filed against the company by The Commissioner of Income Tax | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Murudeshwar Decor 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 Murudeshwar Decor Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Murudeshwar Decor Private Limited has a workforce of 4 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Murudeshwar Decor has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCM2218F1ZQ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Murudeshwar Decor Private Limited, buy the company report.
Recent activity
Murudeshwar Decor Private Limited has 9 board changes on record since 1992: 4 appointments and 5 cessations. The latest: Shachi Jeevan Shetty ceased to be Additional Director on 29 Sep 2024.
17 earlier events are in the company report.
Frequently asked questions
Murudeshwar Decor is an active private limited company based in Karnataka, India. The company works in sanitaryware and tile, within the manufacturing industry. It was incorporated on 15 July 1992 (34+ years old) and is registered under CIN U85110KA1992PTC013353.
Murudeshwar Decor has 4 current directors:
- Adithi Jeevan Shetty - Director
- Ramakrishnan Rajagopal - Nominee Director
- Shobha Jeevan Shetty - Director
- Shachi Jeevan Shetty - Director
The latest financial statements of Murudeshwar Decor on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Murudeshwar Decor is 29AACCM2218F1ZQ, registered in Karnataka.
The CIN (Corporate Identification Number) of Murudeshwar Decor is U85110KA1992PTC013353. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Murudeshwar Decor has 9 court cases on record: 3 filed by the company and 6 filed against it. Most are in the high courts.
Murudeshwar Decor was incorporated on 15 July 1992, making it 34+ years old. It is registered with the Registrar of Companies, Bangalore.
Shachi Jeevan Shetty ceased to be Additional Director on 29 Sep 2024. Shachi Jeevan Shetty was appointed as Director on 19 Aug 2024. Adithi Jeevan Shetty was appointed as Director on 04 Aug 2023. Murudeshwar Decor has 9 board changes on record in total.
The registered office of Murudeshwar Decor is at Plot No 49 A KIADB Industrialarea Hoskote Bangalore., Karnataka, India – 562114.
Murudeshwar Decor operates in the manufacturing industry, in the sanitaryware and tile segment.
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