Targus India Private Limited

Provides marketing management consulting services and trades bags and laptop accessories since 2005.

2005 | Bangaluru, Karnataka (India) | Active
Last Updated: January 08, 2025

Targus India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 0.10 M
  • Company Age 19 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -53.07%
  • Profit Growth -68.88%
  • Ebitda -40.97%
  • Net Worth 12.81%
  • Total Assets -8.53%

About Targus India

Targus India Private Limited (TIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 May 2005 and has a history of 19 years and nine months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Consumer Goods 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 1.00 Cr and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Derek Baker and Sumesh Dewan serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    targus.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U05190KA2005PTC036241

  • Company No.

    036241

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 May 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Goods
Business Outsourcing

Who are the key members and board of directors at Targus India?

Board Members (2)

NameDesignationAppointment DateStatus
Sumesh Dewan Country flag representing In Director 05-May-2005Current
Derek Baker Country flag representing Us Director 15-Sep-2020Current

Financial Performance of Targus India.

Targus India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 53.07% decrease. The company also saw a substantial fall in profitability, with a 68.88% decrease in profit. The company's net worth Soared by an impressive increase of 12.81%.

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
-53.07%
Revenue from Operations
-53.69%
Total Assets
-8.53%
Profit or Loss
-68.88%
Net Worth
12.81%
EBITDA
-40.97%

What is the Ownership and Shareholding Structure of Targus India?

In 2023, Targus India 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 Targus India?

Unlock and access historical data on people associated with Targus India, 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 Targus India, 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 Targus India'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 Targus India

Recent activity within the organization

  • Annual General Meeting

    Targus India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Targus India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Derek Lee Baker was appointed as a Director was appointed as a Director on 15 Sep 2020 & has been associated with this company since 4 years 5 months .

    15 Sep 2020

  • Director Appointment

    Sumesh Dewan was appointed as a Director was appointed as a Director on 05 May 2005 & has been associated with this company since 19 years 9 months .

    05 May 2005

  • Company Incorporation

    Targus India Private Limited was registered on 05 May 2005 with Roc Bangalore & aged 19 years 9 months as per MCA records.

    05 May 2005

Frequently asked questions

  • Targus India Private Limited was incorporated on 05 May 2005.

  • The authorized share capital of Targus India Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Targus India Private Limited.

    • Derek Lee Baker
    • Sumesh Dewan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Targus India Private Limited is Lakshmi Priya Complex No.14/1-1 Opp. Tollgate Bus Stop Near Spine And Ortho Care Hospital 6Th Block Rajajinagar, Magadi Road India, Bangalore North, Karnataka, 560023.

  • The corporate identification number (CIN) of Targus India Private Limited is U05190KA2005PTC036241 and the company number is 036241 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Targus India Private Limited is https://www.targus.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Targus India Private Limited has fallen by -53.07%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Targus India Private Limited has experienced an upsurge of 12.81%.

  • The most recent Balance Sheet for Targus India Private Limited was filed with the ROC on 31 Mar 2024.

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