Target Associates Profile
Key Indicators
- Authorised Capital ₹ 31.00 Cr
- Paid Up Capital ₹ 30.08 Cr
- Company Age 20 Year, 17 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 28.75 Cr
- Satisfied Charges ₹ 36.70 Cr
- Revenue Growth -76.65%
- Profit Growth 28.88%
- Ebitda -160.55%
- Net Worth -7.14%
- Total Assets -21.27%
About Target Associates
Target Associates Private Limited (TAPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 February 2005 and has a history of 20 years. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Travel And Hospitality 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 31.00 Cr and a paid-up capital of Rs 30.08 Cr.
The company currently has active open charges totaling ₹28.75 Cr. The company has closed loans amounting to ₹36.70 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Target Associates Private Limited India is Ranjani Ravichandran as COMPANY SECRETARY. Jawahar Gopal, Aditya Chellaram, and Kush Jawahar 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
U51102KA2005PTC035608
- Company No.
035608
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Feb 2005
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Travel and Hospitality
Who are the key members and board of directors at Target Associates?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ranjani Ravichandran | Company Secretary | 15-Nov-2022 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Aditya Chellaram  | Director | 24-Sep-2020 | Current |
| Jawahar Gopal | Director | 15-Feb-2005 | Current |
| Kush Jawahar | Director | 01-Apr-2017 | Current |
Financial Performance of Target Associates.
Target Associates Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 76.65% decrease. The company also saw a substantial improvement in profitability, with a 28.88% increase in profit. The company's net worth dipped by a decrease of 7.14%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Target Associates?
In 2021, Target Associates had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sankalpan Design And Infra LlpAditya Chellaram is a mutual person
Nirvana Private LimitedAditya Chellaram and Kush Jawahar are mutual person
Riverdale Housing Private LimitedAditya Chellaram is a mutual person
Studio-F Interiors Private LimitedJawahar Gopal is a mutual person
Featherlite Products Private LimitedJawahar Gopal and Kush Jawahar are mutual person
- Featherlite Seating Systems Private Limited
Jawahar Gopal is a mutual person
Charges (Loans)
Open Charges
₹28.75 Cr
Satisfied Charges
₹36.70 Cr
Charges Breakdown by Lending Institutions
- The Bharat Co-Operative Bank(Mumbai) Ltd : 16.25 Cr
- Hdfc Bank Limited : 12.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Feb 2019 | Hdfc Bank Limited | ₹12.50 Cr | Open |
| 17 Jul 2012 | The Bharat Co-Operative Bank(Mumbai) Ltd | ₹16.25 Cr | Open |
| 31 Aug 2015 | Bajaj Finance Limited | ₹12.50 Cr | Satisfied |
| 13 Jan 2006 | Canara Bank | ₹24.20 Cr | Satisfied |
How Many Employees Work at Target Associates?
Target Associates has a workforce of 61 employees as of Apr 06, 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 Target Associates, 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 Target Associates'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 Target Associates
Recent activity within the organization
- Annual General Meeting
Target Associates Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Target Associates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Ranjani Ravichandran was appointed as a Company Secretary was appointed as a Company Secretary on 15 Nov 2022 & has been associated with this company since 2 years 3 months .
- Director Appointment
Aditya Manohar Chellaram was appointed as a Director was appointed as a Director on 24 Sep 2020 & has been associated with this company since 4 years 5 months .
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.50 Cr with Charge ID 100241205 was registered on 05 Feb 2019.
- Director Appointment
Kush Jawahar was appointed as a Director was appointed as a Director on 01 Apr 2017 & has been associated with this company since 7 years 11 months .
Frequently asked questions
What is the Incorporation or founding date of Target Associates Private Limited?
Target Associates Private Limited was incorporated on 15 Feb 2005.
What is authorized share capital and paid-up capital of Target Associates Private Limited?
The authorized share capital of Target Associates Private Limited is ₹ 31.00 Cr and paid-up capital is ₹ 30.08 Cr.
Who are the current board members & directors of Target Associates Private Limited?
Currently 4 directors are associated with Target Associates Private Limited.
- Jawahar Gopal
- Aditya Manohar Chellaram
- Ranjani Ravichandran
- Kush Jawahar
What is the registered address of Target Associates Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Target Associates Private Limited is No. 14 Bhattrahalli Old Madras Road, K.R. Puram India, Bangalore, Karnataka, 560049.
What is the corporate identification number (CIN) and company number of Target Associates Private Limited?
The corporate identification number (CIN) of Target Associates Private Limited is U51102KA2005PTC035608 and the company number is 035608 as per Ministry of Corporate Affairs (MCA).
What is the official website of Target Associates Private Limited?
The Official website of Target Associates Private Limited is https://www.evoma.com
What has been the recent revenue trend for Target Associates Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Target Associates Private Limited has fallen by -76.65%.
How many employees does Target Associates Private Limited currently have?
As Per 2021 financial reports, 61 employees are currently employed by Target Associates Private Limited.
What change has been observed in the net worth of Target Associates Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Target Associates Private Limited has experienced an downturn of -7.14%.
What are the total open charges for Target Associates Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Target Associates Private Limited amount to ₹ 28.75 Cr.
When was the last Balance Sheet of Target Associates Private Limited filed with the ROC?
The most recent Balance Sheet for Target Associates Private Limited was filed with the ROC on 31 Mar 2024.
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