Target Furnitures Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Vadodara, Gujarat, India, established in 2004.
2004 Vadodara, Gujarat, India Active
Last Updated:
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About Target Furnitures Private Limited

Target Furnitures Private Limited, a active private limited company, was established on 21 December 2004 in Vadodara, Gujarat, India. Engaging in furniture retail & distribution within the trade sector, it holds CIN: U36100GJ2004PTC045185. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.25 Cr and a paid-up capital of ₹1.25 Cr.

It upholds a active non-compliant status. Employing 10 professional, Its leadership includes Tusharkumar Tribhovandas Patel (Director), Valiben Bhimjibhai Patel (Director). Past directors included Tusharkumar Tribhovandas Patel, Ghanshyambhai Bhimjibhai Patel. It holds ₹1.50 Cr open charges and ₹4.93 Cr settled loans. Its latest AGM occurred on 29 September 2018, with the balance sheet filed on 31 March 2018. It is based at 1-19/1St Floor Earth Complexeast Wing Akshar Chowk Old Padra Road, Vadodara, Gujarat, 390020.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U36100GJ2004PTC045185

  • Registration Number

    045185

  • Incorporation Date

    21 December 2004

  • Authorized Capital

    ₹1.25 Cr

  • Paid-Up Capital

    ₹1.25 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.25 Cr
  • Company Age 21 Year, 1 Month
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 1.50 Cr
  • Satisfied Charges ₹ 4.93 Cr
  • Revenue Growth **** 18.20%
  • Profit Growth **** 135.35%
  • Ebitda **** -320.69%
  • Net Worth 257.57%
  • Total Assets -27.59%
Company report

Target Furnitures Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Target Furnitures 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 Target Furnitures Private Limited?
Current Directors
Name Designation Appointment Date Status
Tusharkumar Tribhovandas Patel Director 24 Jun 2017 Current
Valiben Bhimjibhai Patel Director 21 Dec 2004 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2017 Past
Pramod Abcsdd Director 25 Jul 2017 Past

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Financial Performance of Target Furnitures.

Target Furnitures Private Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 18.2% increase. The company also saw a substantial improvement in profitability, with a 135.35% increase in profit. The company's net worth Soared by an impressive increase of 257.57%.

Target Furnitures revenue growth over time
Target Furnitures profit and loss trends over time
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
  • 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
********
 18.20%
*******
*******
*******
*******
Revenue from Operations
*******
 -15.13%
*******
*******
*******
*******
Total Assets
*******
 -27.59%
*******
*******
*******
*******
Profit or Loss
*******
 135.35%
*******
*******
*******
*******
Net Worth
*******
 257.57%
*******
*******
*******
*******
EBITDA
*******
 -320.69%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Target Furnitures?

In 2017, Target Furnitures had a promoter holding of 100.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹15,000,000.00

Satisfied Charges

₹49,300,000.00

Charges Breakdown by Lending Institutions
  • Bank Of Baroda : 1.50 Cr
Latest Charge Details
Date Lender Amount Status
21 Mar 2013 Bank Of Baroda ₹1.50 Cr Open
14 May 2009 Axis Bank Limited ₹2.45 Cr Satisfied
11 May 2007 Punjab National Bank ₹5.00 M Satisfied
30 Mar 2006 Punjab National Bank ₹1.88 Cr Satisfied
17 Feb 2006 Panjab National Bank ₹1.00 M Satisfied

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How Many Employees Work at Target Furnitures?

Target Furnitures has a workforce of 10 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Target Furnitures, 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 Target Furnitures's trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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 Target Furnitures
Recent Activity within the Organization
  • Annual General Meeting

    The activity Target Furnitures Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Target Furnitures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Ahmedabad. was completed.

  • Charges

    The activity A charge registered on 14 May 2009 via Charge ID 10166632 with Axis Bank Limited was fully satisfied on 28 Sep 2017. was completed.

  • Director Appointment

    Tusharkumar Tribhovandas Patel was appointed as a Director was appointed as a Director on 24 Jun 2017 & has been associated with this company since 8 years 7 months . was recorded as a recent event.

  • Charges

    The activity A charge with Bank Of Baroda amounted to Rs. 1.50 Cr with Charge ID 10413203 was registered on 21 Mar 2013. was completed.

  • Charges

    Progress on A charge with Axis Bank Limited of Rs. 2.45 Cr registered on 14 May 2009 with Charge ID 10166632 was modified on 13 Jan 2011. was documented.

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Frequently Asked Questions
What is the CIN of Target Furnitures Private Limited?

The CIN of Target Furnitures Private Limited is U36100GJ2004PTC045185.

Where is Target Furnitures Private Limited headquartered?

Target Furnitures Private Limited is headquartered at 1-19/1St Floor Earth Complexeast Wing Akshar Chowk Old Padra Road, Vadodara, Gujarat, 390020.

When was Target Furnitures Private Limited incorporated?

Target Furnitures Private Limited was incorporated on 21 December 2004.

Who are the current directors of Target Furnitures Private Limited?

The current directors of Target Furnitures Private Limited are

What is the primary industry of Target Furnitures Private Limited?

The primary industry of Target Furnitures Private Limited is Trade.

Is Target Furnitures Private Limited a listed company?

Target Furnitures Private Limited is unlisted.

What is the capital structure of Target Furnitures Private Limited?

The authorized capital of Target Furnitures Private Limited is ₹1.25 Cr, and the paid-up capital is ₹1.25 Cr.

What is the compliance status of Target Furnitures Private Limited?

The compliance status of Target Furnitures Private Limited is Active Non-Compliant.

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