Targetbay Ecommerce Solutions Private Limited

Provides comprehensive computer solutions and consultancy services to various sectors in India and abroad.

2016 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: December 17, 2024

Targetbay Ecommerce Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 19.56%
  • Profit Growth 32.23%
  • Ebitda -4.85%
  • Net Worth 71.23%
  • Total Assets -8.89%

About Targetbay Ecommerce Solutions

Targetbay Ecommerce Solutions Private Limited (TESPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 November 2016 (Eight years and three months 6 days old ). Its registered office is in Kanchipuram, Tamil Nadu, India.

The Company is engaged in the Information Technology 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, as per Ministry of Corporate Affairs (MCA) records.

Mariappan Kumar, Paulswamy Pandian, Frederick Nash, and One other member serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    targetbay.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900TN2016PTC113278

  • Company No.

    113278

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Nov 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

Who are the key members and board of directors at Targetbay Ecommerce Solutions?

Board Members (4)

Name Designation Appointment Date Status
Mariappan Kumar Country flag representing In Director 10-Nov-2016 Current
Paulswamy Pandian Country flag representing In Director 10-Nov-2016 Current
Frederick Nash Country flag representing Us Director 13-Feb-2021 Current
Syed Ansar Country flag representing In Director 25-Apr-2024 Current

Financial Performance of Targetbay Ecommerce Solutions.

Targetbay Ecommerce Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.56% increase. The company also saw a substantial improvement in profitability, with a 32.23% increase in profit. The company's net worth Soared by an impressive increase of 71.23%.

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
19.56%
Revenue from Operations
19.56%
Total Assets
-8.89%
Profit or Loss
32.23%
Net Worth
71.23%
EBITDA
-4.85%

What is the Ownership and Shareholding Structure of Targetbay Ecommerce Solutions?

In 2023, Targetbay Ecommerce Solutions 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Targetbay Ecommerce Solutions?

Targetbay Ecommerce Solutions has a workforce of 94 employees as of Mar 30, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Targetbay Ecommerce 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 Targetbay Ecommerce 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 Targetbay Ecommerce Solutions

Recent activity within the organization

  • Director Appointment

    Syed Ansar was appointed as a Director was appointed as a Director on 25 Apr 2024 & has been associated with this company since 9 months 22 days .

    25 Apr 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Targetbay Ecommerce Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Frederick Nash was appointed as a Director was appointed as a Director on 13 Feb 2021 & has been associated with this company since 4 years 1 day .

    13 Feb 2021

  • Director Appointment

    Mariappan Sathish Kumar was appointed as a Director was appointed as a Director on 10 Nov 2016 & has been associated with this company since 8 years 3 months .

    10 Nov 2016

  • Director Appointment

    Paulswamy Pon Pandian was appointed as a Director was appointed as a Director on 10 Nov 2016 & has been associated with this company since 8 years 3 months .

    10 Nov 2016

Frequently asked questions

  • Targetbay Ecommerce Solutions Private Limited was incorporated on 10 Nov 2016.

  • The authorized share capital of Targetbay Ecommerce Solutions Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Targetbay Ecommerce Solutions Private Limited.

    • Mariappan Sathish Kumar
    • Paulswamy Pon Pandian
    • Frederick Nash
    • Syed Ansar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Targetbay Ecommerce Solutions Private Limited is Tek Meadows 2Nd Floor Tower C 51 Sholinganallur, Omr India, Chennai, Tamil Nadu, 600119.

  • The corporate identification number (CIN) of Targetbay Ecommerce Solutions Private Limited is U72900TN2016PTC113278 and the company number is 113278 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Targetbay Ecommerce Solutions Private Limited is https://www.targetbay.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Targetbay Ecommerce Solutions Private Limited has risen by 19.56%.

  • As Per 2023 financial reports, 94 employees are currently employed by Targetbay Ecommerce Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Targetbay Ecommerce Solutions Private Limited has experienced an upsurge of 71.23%.

  • The most recent Balance Sheet for Targetbay Ecommerce Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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