Target Shipping Private Limited

Provides freight transport services.

2011 | Bangaluru, Karnataka (India) | Active
Last Updated: December 05, 2024

Target Shipping Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 14 Year, 14 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.27 Cr
  • Revenue Growth 96.31%
  • Profit Growth 52.07%
  • Ebitda 8.40%
  • Net Worth 9.57%
  • Total Assets -6.44%

About Target Shipping

Target Shipping Private Limited (TSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 February 2011 and has a history of 14 years. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Transport And Logistics 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.27 Cr.

Kondahalli Ranganath and Manjunath Venkatadasappa serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    targetshipping.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63090KA2011PTC057025

  • Company No.

    057025

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Feb 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Transport and Logistics

Who are the key members and board of directors at Target Shipping?

Board Members (2)

NameDesignationAppointment DateStatus
Kondahalli Ranganath Country flag representing In Director 11-Feb-2011Current
Manjunath Venkatadasappa Country flag representing In Additional Director 26-Mar-2013Current

Financial Performance of Target Shipping.

Target Shipping Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 96.31% increase. The company also saw a substantial improvement in profitability, with a 52.07% increase in profit. The company's net worth moved up by a moderate rise of 9.57%.

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
96.31%
Revenue from Operations
95.88%
Total Assets
-6.44%
Profit or Loss
52.07%
Net Worth
9.57%
EBITDA
8.40%

What is the Ownership and Shareholding Structure of Target Shipping?

In 2022, Target Shipping 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

₹22.66 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 1.36 Cr
  • Others : 0.91 Cr

Latest Charge Details

DateLenderAmountStatus
10 Nov 2023Others₹9.07 MOpen
19 Nov 2011Canara Bank₹1.36 CrOpen

How Many Employees Work at Target Shipping?

Unlock and access historical data on people associated with Target Shipping, 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 Target Shipping, 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 Shipping'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 Target Shipping

Recent activity within the organization

  • Charges

    A charge with Canara Bank of Rs. 13.60 M registered on 19 Nov 2011 with Charge ID 10322469 was modified on 14 Dec 2023.

    14 Dec 2023

  • Charges

    A charge with Others amounted to Rs. 9.07 M with Charge ID 100822039 was registered on 10 Nov 2023.

    10 Nov 2023

  • Annual General Meeting

    Target Shipping Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Manjunath Hebbalalu Venkatadasappa was appointed as a Additional Director was appointed as a Additional Director on 26 Mar 2013 & has been associated with this company since 11 years 11 months .

    26 Mar 2013

  • Charges

    A charge with Canara Bank amounted to Rs. 13.60 M with Charge ID 10322469 was registered on 19 Nov 2011.

    19 Nov 2011

Frequently asked questions

  • Target Shipping Private Limited was incorporated on 11 Feb 2011.

  • The authorized share capital of Target Shipping Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Target Shipping Private Limited.

    • Kondahalli Nagaraj Ranganath
    • Manjunath Hebbalalu Venkatadasappa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Target Shipping Private Limited is No-7 9Th Cross Devappa Layout Krishnaiah Palya, K.R.Puram Hobli India, Bangalore, Karnataka, 560038.

  • The corporate identification number (CIN) of Target Shipping Private Limited is U63090KA2011PTC057025 and the company number is 057025 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Target Shipping Private Limited is https://www.targetshipping.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Target Shipping Private Limited has risen by 96.31%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Target Shipping Private Limited has experienced an upsurge of 9.57%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Target Shipping Private Limited amount to ₹ 2.27 Cr.

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

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