Parin Furniture limited is an ISO 9001:2015 certified company engaged in the distribution of a wide range of furniture and lifestyle products. Besides this, the company also provides customised products based on the client’s preferences.
Date of Incorporation: The company was established as’Parin Furniture Private Limited’ on 12th September 2006. Subsequently, the company was converted to the public limited company ‘Parin Furniture Limited’ on 04th April 2018.
Promoters of Parin Furniture Limited: Mr Umesh Dhirajlal Nandani, Mr Deven Dipesh Nandani and Mr Parin Umeshbhai Nandani are the promoters of Parin Furniture Limited.
Products and Services Offering: The company offers broad categories of products that are divided into:
- Home Furniture & Decor
Customer Segments: The company has an active presence in more than 15 states while having strong distribution network including over 900 dealers and marketeer across the nation. It implements several marketing models to target customers including B2B, Retail and E-Commerce among others.
Objects of Parin Furniture Limited IPO: The main objectives of Parin Furniture Limited IPO are:
- Repayment of secured borrowed loans.
- To meet Working Capital Needs.
- General Corporate Expenses.
- Issue Expenses.
Summary of Financial Information (Restated)
For the year/period ended (in Rs. Lakhs)
Profit After Tax