Rewards Sourcing Private Limited

Founded in 2012 and headquartered in Karnataka, India.

2012 | Bangaluru, Karnataka (India) | Active
Last Updated:

Rewards Sourcing Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 12 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.49 Cr
  • Satisfied Charges ₹ 3.45 Cr
  • Revenue Growth -55.58%
  • Profit Growth 217.51%
  • Ebitda 21.57%
  • Net Worth 4.23%
  • Total Assets 17.03%

About Rewards Sourcing

Rewards Sourcing Private Limited (RSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 December 2012 and has a history of 12 years and two months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Professional Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹8.49 Cr. The company has closed loans amounting to ₹3.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sharvani Sachidanand and Pinky serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52100KA2012PTC067157

  • Company No.

    067157

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Dec 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Professional Services
Trading

Who are the key members and board of directors at Rewards Sourcing?

Board Members (2)

NameDesignationAppointment DateStatus
Sharvani Sachidanand Country flag representing In Director 03-Mar-2014Current
Pinky Country flag representing In Director 29-Mar-2017Current

Financial Performance of Rewards Sourcing.

Annectos Rewards And Retail Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 55.58% decrease. The company also saw a substantial improvement in profitability, with a 217.51% increase in profit. The company's net worth moved up by a moderate rise of 4.23%.

Rewards Sourcing revenue growth over time
Rewards Sourcing profit and loss trends over time
  • 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
-55.58%
Revenue from Operations
-56.89%
Total Assets
17.03%
Profit or Loss
217.51%
Net Worth
4.23%
EBITDA
21.57%

What is the Ownership and Shareholding Structure of Rewards Sourcing?

In 2020, Rewards Sourcing had a promoter holding of 91.45% and a public holding of 8.55%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹84.90 M

Satisfied Charges

₹34.50 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 8.49 Cr

Latest Charge Details

DateLenderAmountStatus
08 Feb 2020Canara Bank₹8.49 CrOpen
23 Dec 2016Axis Bank Limited₹2.50 CrSatisfied
25 Jun 2015Syndicate Bank₹9.50 MSatisfied

How Many Employees Work at Rewards Sourcing?

Rewards Sourcing has a workforce of 9 employees as of Apr 08, 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 growth trends for Rewards Sourcing Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rewards Sourcing, 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 Rewards Sourcing'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.

Latest Updates, News, and FAQs on Rewards Sourcing

Recent activity within the organization

  • Annual General Meeting

    Rewards Sourcing Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Rewards Sourcing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Canara Bank of Rs. 84.90 M registered on 08 Feb 2020 with Charge ID 100336848 was modified on 08 Jul 2020.

  • Charges

    A charge with Canara Bank amounted to Rs. 84.90 M with Charge ID 100336848 was registered on 08 Feb 2020.

  • Charges

    A charge registered on 23 Dec 2016 via Charge ID 100072634 with Axis Bank Limited was fully satisfied on 02 Jan 2020.

  • Director Appointment

    Pinky was appointed as a Director was appointed as a Director on 29 Mar 2017 & has been associated with this company since 7 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Rewards Sourcing Private Limited?

    Rewards Sourcing Private Limited was incorporated on 11 Dec 2012.

  • What is authorized share capital and paid-up capital of Rewards Sourcing Private Limited?

    The authorized share capital of Rewards Sourcing Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.

  • Who are the current board members & directors of Rewards Sourcing Private Limited?

    Currently 2 directors are associated with Rewards Sourcing Private Limited.

    • Sharvani Sachidanand
    • Pinky

  • What is the registered address of Rewards Sourcing Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rewards Sourcing Private Limited is No 18 Sns Plaza, First Floor Kumara Krupa Road India, Bangalore North, Karnataka, 560001.

  • What is the corporate identification number (CIN) and company number of Rewards Sourcing Private Limited?

    The corporate identification number (CIN) of Rewards Sourcing Private Limited is U52100KA2012PTC067157 and the company number is 067157 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Rewards Sourcing Private Limited?

    The Official website of Rewards Sourcing Private Limited is https://www.annectosworld.com

  • What has been the recent revenue trend for Rewards Sourcing Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Rewards Sourcing Private Limited has fallen by -55.58%.

  • How many employees does Rewards Sourcing Private Limited currently have?

    As Per 2021 financial reports, 9 employees are currently employed by Rewards Sourcing Private Limited.

  • What change has been observed in the net worth of Rewards Sourcing Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Rewards Sourcing Private Limited has experienced an upsurge of 4.23%.

  • What are the total open charges for Rewards Sourcing Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Rewards Sourcing Private Limited amount to ₹ 8.49 Cr.

  • When was the last Balance Sheet of Rewards Sourcing Private Limited filed with the ROC?

    The most recent Balance Sheet for Rewards Sourcing Private Limited was filed with the ROC on 31 Mar 2024.

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