Designo Life Style Solutions Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 15 Year, 5 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 five 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
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U52339KA2009PTC050619
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Company No.
050619
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
12 Aug 2009
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
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%.
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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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Simply Sofas Private LimitedTekhumalla Rao and Tekumalla Rao are mutual person
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Thansa Home Furnitures Private LimitedTekhumalla Rao and Tekumalla Rao are mutual person
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Cantata Home Furnitures Private Limited
Tekhumalla Rao and Tekumalla Rao are mutual person
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Dansons Lifestyle Solutions Private Limited
Tekhumalla Rao and Tekumalla Rao are mutual person
Charges (Loans)
₹0
₹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.
