Designo Life Style Solutions Private Limited
Furniture company with online portal, offering living, bedroom, dining, and office furniture.
2009 | Bangaluru, Karnataka (India) | Active
Designo Life Style Solutions Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 15 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 3.50 Cr
- Revenue Growth 33.11%
- Profit Growth -22.43%
- Ebitda -43.85%
- Net Worth 15.00%
- Total Assets 25.35%
About Designo Life Style Solutions
Designo Life Style Solutions Private Limited (DLSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 August 2009 and has a history of 15 years and seven months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Consumer Electronics & Durables Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M.
The company has closed loans amounting to ₹3.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Tekhumalla Rao and Tekumalla Rao 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
U52339KA2009PTC050619
- Company No.
050619
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Aug 2009
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Consumer Electronics & Durables
Who are the key members and board of directors at Designo Life Style Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tekhumalla Rao  | Managing Director | 12-Aug-2009 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tekumalla Rao | Director | 27-Apr-2017 | Current |
Financial Performance of Designo Life Style Solutions.
Designo Life Style Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 33.11% increase. The company also saw a substantial fall in profitability, with a 22.43% decrease in profit. The company's net worth Soared by an impressive increase of 15%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Designo Life Style Solutions?
In 2022, Designo Life Style Solutions had a promoter holding of 91.20% and a public holding of 8.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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- Thansa Home Furnitures Private Limited
Tekhumalla Rao and Tekumalla Rao are mutual person
- Cantata Home Furnitures Private Limited
Tekhumalla Rao and Tekumalla Rao are mutual person
- Dansons Lifestyle Solutions Private Limited
Tekhumalla Rao and Tekumalla Rao are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹35.00 M
Charges Breakdown by Lending Institutions
- The Royal Bank Of Scotland N.V. : 3.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jul 2012 | The Royal Bank Of Scotland N.V. | ₹3.50 Cr | Satisfied |
How Many Employees Work at Designo Life Style Solutions?
Designo Life Style Solutions has a workforce of 40 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Designo Life Style Solutions, 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 Designo Life Style Solutions's trajectory.
Rating
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
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 Designo Life Style Solutions
Recent activity within the organization
- Charges
A charge registered on 30 Jul 2012 via Charge ID 10371068 with The Royal Bank Of Scotland N.V. was fully satisfied on 07 Mar 2024.
- Annual General Meeting
Designo Life Style Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Designo Life Style Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Director Appointment
Tekumalla Shreya Rao was appointed as a Director was appointed as a Director on 27 Apr 2017 & has been associated with this company since 7 years 11 months .
- Charges
A charge with The Royal Bank Of Scotland N.V. amounted to Rs. 35.00 M with Charge ID 10371068 was registered on 30 Jul 2012.
- Director Appointment
Tekhumalla Maruthi Rao was appointed as a Managing Director was appointed as a Managing Director on 12 Aug 2009 & has been associated with this company since 15 years 7 months .
Frequently asked questions
What is the Incorporation or founding date of Designo Life Style Solutions Private Limited?
Designo Life Style Solutions Private Limited was incorporated on 12 Aug 2009.
What is authorized share capital and paid-up capital of Designo Life Style Solutions Private Limited?
The authorized share capital of Designo Life Style Solutions Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Designo Life Style Solutions Private Limited?
Currently 2 directors are associated with Designo Life Style Solutions Private Limited.
- Tekhumalla Maruthi Rao
- Tekumalla Shreya Rao
What is the registered address of Designo Life Style Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Designo Life Style Solutions Private Limited is No.12 Shamarao Compound, Mission Road India, Bangalore, Karnataka, 560027.
What is the corporate identification number (CIN) and company number of Designo Life Style Solutions Private Limited?
The corporate identification number (CIN) of Designo Life Style Solutions Private Limited is U52339KA2009PTC050619 and the company number is 050619 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Designo Life Style Solutions Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Designo Life Style Solutions Private Limited has risen by 33.11%.
How many employees does Designo Life Style Solutions Private Limited currently have?
As Per 2022 financial reports, 40 employees are currently employed by Designo Life Style Solutions Private Limited.
What change has been observed in the net worth of Designo Life Style Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Designo Life Style Solutions Private Limited has experienced an upsurge of 15.00%.
When was the last Balance Sheet of Designo Life Style Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Designo Life Style Solutions Private Limited was filed with the ROC on 31 Mar 2023.
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