Sourcingbee Retail Private Limited

Online trading of food, groceries, and household items sourced from wholesalers and manufacturers in India.

2016 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Sourcingbee Retail Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 9 Year, 15 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.00 M
  • Satisfied Charges ₹ 2.00 Cr
  • Revenue Growth 30.70%
  • Profit Growth -74.63%
  • Ebitda -17.46%
  • Net Worth 1.60%
  • Total Assets -3.01%

About Sourcingbee Retail

Sourcingbee Retail Private Limited (SRPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 February 2016 (Nine years 15 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the E-Commerce 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 0.10 M.

The company currently has active open charges totaling ₹2.00 M. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sandeep Kanojia and Rakesh 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

    U52590KA2016PTC085988

  • Company No.

    085988

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Feb 2016

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

E-Commerce

Who are the key members and board of directors at Sourcingbee Retail?

Board Members (2)

NameDesignationAppointment DateStatus
Sandeep Kanojia Country flag representing In Director 22-Oct-2016Current
Rakesh Country flag representing In Director 02-Jun-2017Current

Financial Performance of Sourcingbee Retail.

Sourcingbee Retail Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.7% increase. The company also saw a substantial fall in profitability, with a 74.63% decrease in profit. The company's net worth moved up by a moderate rise of 1.6%.

Graph illustrating revenue growth over time
Graph showing 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
30.70%
Revenue from Operations
30.31%
Total Assets
-3.01%
Profit or Loss
-74.63%
Net Worth
1.60%
EBITDA
-17.46%

What is the Ownership and Shareholding Structure of Sourcingbee Retail?

In 2023, Sourcingbee Retail had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.00 M

Satisfied Charges

₹20.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
04 Feb 2021Axis Bank Limited₹2.00 MOpen
29 Aug 2022Others₹2.00 CrSatisfied

How Many Employees Work at Sourcingbee Retail?

Unlock and access historical data on people associated with Sourcingbee Retail, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sourcingbee Retail, 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 Sourcingbee Retail'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 Sourcingbee Retail

Recent activity within the organization

  • Charges

    A charge registered on 29 Aug 2022 via Charge ID 100606271 with Others was fully satisfied on 20 May 2024.

    20 May 2024

  • Annual General Meeting

    Sourcingbee Retail Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Sourcingbee Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 20.00 M with Charge ID 100606271 was registered on 29 Aug 2022.

    29 Aug 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.00 M with Charge ID 100419919 was registered on 04 Feb 2021.

    04 Feb 2021

  • Director Appointment

    Rakesh was appointed as a Director was appointed as a Director on 02 Jun 2017 & has been associated with this company since 7 years 8 months .

    02 Jun 2017

Frequently asked questions

  • Sourcingbee Retail Private Limited was incorporated on 10 Feb 2016.

  • The authorized share capital of Sourcingbee Retail Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Sourcingbee Retail Private Limited.

    • Sandeep Kanojia
    • Rakesh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sourcingbee Retail Private Limited is 62 High Street 6Th Floor 11Th Main Jayanagar 4Th Block, Opp. To Vijaya Coll Ege India, Bangalore, Karnataka, 560011.

  • The corporate identification number (CIN) of Sourcingbee Retail Private Limited is U52590KA2016PTC085988 and the company number is 085988 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sourcingbee Retail Private Limited has risen by 30.70%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sourcingbee Retail Private Limited has experienced an upsurge of 1.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sourcingbee Retail Private Limited amount to ₹ 2.00 M.

  • The most recent Balance Sheet for Sourcingbee Retail Private Limited was filed with the ROC on 31 Mar 2023.

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