Southern E-Commerce Solutions Private Limited

Online platform for booking alternate stay accommodations with global options.

2014 | Bangaluru, Karnataka (India) | Active
Last Updated: January 10, 2025

Southern E-Commerce Solutions Profile

Key Indicators

  • Authorised Capital ₹ 6.50 Cr
  • Paid Up Capital ₹ 6.19 Cr
  • Company Age 11 Year, 19 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.01 M
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth 626.53%
  • Profit Growth 564.74%
  • Ebitda 85.29%
  • Net Worth 10.17%
  • Total Assets 4.21%

About Southern E-Commerce Solutions

Southern E-Commerce Solutions Private Limited (SESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 January 2014 and has a history of 11 years. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Internet 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 6.50 Cr and a paid-up capital of Rs 6.19 Cr.

The company currently has active open charges totaling ₹6.01 M. The company has closed loans amounting to ₹1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sajeevkumar Thekkinezhathu, Prem Krishnan, and Kalanje Raosunil serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74900KA2014PTC073050

  • Company No.

    073050

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jan 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Internet

Who are the key members and board of directors at Southern E-Commerce Solutions?

Board Members (3)

Name Designation Appointment Date Status
Prem Krishnan Country flag representing In Director 15-Jan-2014 Current
Sajeevkumar Thekkinezhathu Country flag representing In Director 15-Jan-2014 Current
Kalanje Raosunil Country flag representing In Director 28-May-2024 Current

Financial Performance of Southern E-Commerce Solutions.

Southern E-Commerce Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 626.53% increase. The company also saw a substantial improvement in profitability, with a 564.74% increase in profit. The company's net worth Soared by an impressive increase of 10.17%.

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
626.53%
Revenue from Operations
630.49%
Total Assets
4.21%
Profit or Loss
564.74%
Net Worth
10.17%
EBITDA
85.29%

What is the Ownership and Shareholding Structure of Southern E-Commerce Solutions?

In 2022, Southern E-Commerce Solutions had a public holding of 52.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.60 Cr

Satisfied Charges

₹1.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.60 Cr

Latest Charge Details

Date Lender Amount Status
23 Nov 2018 Hdfc Bank Limited ₹6.01 M Open
27 Mar 2019 Others ₹1.00 Cr Satisfied

How Many Employees Work at Southern E-Commerce Solutions?

Unlock and access historical data on people associated with Southern E-Commerce Solutions, 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 Southern E-Commerce 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 Southern E-Commerce Solutions'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 Southern E-Commerce Solutions

Recent activity within the organization

  • Annual General Meeting

    Southern E-Commerce Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Kalanje Raosunil was appointed as a Director was appointed as a Director on 28 May 2024 & has been associated with this company since 8 months 7 days .

    28 May 2024

  • Balance Sheet

    Southern E-Commerce Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 0.60 Cr registered on 23 Nov 2018 with Charge ID 100219781 was modified on 13 Oct 2020.

    13 Oct 2020

  • Charges

    A charge registered on 27 Mar 2019 via Charge ID 100250648 with Others was fully satisfied on 07 Oct 2020.

    07 Oct 2020

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100250648 was registered on 27 Mar 2019.

    27 Mar 2019

Frequently asked questions

  • Southern E-Commerce Solutions Private Limited was incorporated on 15 Jan 2014.

  • The authorized share capital of Southern E-Commerce Solutions Private Limited is ₹ 6.50 Cr and paid-up capital is ₹ 6.19 Cr.

  • Currently 3 directors are associated with Southern E-Commerce Solutions Private Limited.

    • Sajeevkumar Bhaskarannair Thekkinezhathu
    • Prem Kumar Krishnan
    • Kalanje Raosunil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Southern E-Commerce Solutions Private Limited is Flat S2 Exsultare No.38-A, Shub Enclave Kasavanahalli Village Haralur Road Off S Arjapur Rd India, Bangalore, Karnataka, 560102.

  • The corporate identification number (CIN) of Southern E-Commerce Solutions Private Limited is U74900KA2014PTC073050 and the company number is 073050 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Southern E-Commerce Solutions Private Limited is https://www.staybazar.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Southern E-Commerce Solutions Private Limited has risen by 626.53%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Southern E-Commerce Solutions Private Limited has experienced an upsurge of 10.17%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Southern E-Commerce Solutions Private Limited amount to ₹ 6.01 M.

  • The most recent Balance Sheet for Southern E-Commerce Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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