Tasati Tea Ltd.

Produces and sells tea under the brand 'Tasati' in multiple states, established in 1979.

1979 | Kolkats, West Bengal (India) | Active
Last Updated:

Tasati Tea Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 45 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.53 Cr
  • Satisfied Charges ₹ 1.46 Cr
  • Revenue Growth -6.11%
  • Profit Growth -167.52%
  • Ebitda -4043.84%
  • Net Worth -75.21%
  • Total Assets 3.81%

About Tasati Tea

Tasati Tea Ltd. (TTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 31 March 1979 and has a history of 45 years and 11 months. Its registered office is in Kolkats, West Bengal, India.

The Company is engaged in the Agriculture 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 2.50 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹8.53 Cr. The company has closed loans amounting to ₹1.46 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Tasati Tea Ltd. India are Deepak Bansal as CFO and Subramanian Krishnan as Company Secretary. Deepak Bansal, Rajiv Chamaria, Sanjay Gupta, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kolkats, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L01132WB1979PLC031939

  • Company No.

    031939

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 1979

  • Date of AGM

    20 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Agriculture

Who are the key members and board of directors at Tasati Tea?

Executive Team (3)

NameDesignationAppointment DateStatus
Rajiv Chamaria Country flag representing In Managing Director02-May-1984Current
Deepak Bansal CFO11-Jul-2022Current
Subramanian Krishnan Country flag representing In Company Secretary11-Jul-2022Current

Board Members (5)

NameDesignationAppointment DateStatus
Deepak Bansal Country flag representing In Director 15-Oct-2014Current
Sanjay Gupta Country flag representing In Director 11-Jul-2022Current
Vivek Bansal Country flag representing In Director 15-Oct-2014Current
Alka Shah Country flag representing In Director 25-Aug-2022Current
Ravi Agarwal Country flag representing In Director 25-Aug-2022Current

Financial Performance of Tasati Tea.

Tasati Tea Ltd., for the financial year ended 2023, experienced Minor drop in revenue, with a 6.11% decrease. The company also saw a substantial fall in profitability, with a 167.52% decrease in profit. The company's net worth observed a substantial decline by a decrease of 75.21%.

Tasati Tea revenue growth over time
Tasati Tea 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
-6.11%
Revenue from Operations
-5.12%
Total Assets
3.81%
Profit or Loss
-167.52%
Net Worth
-75.21%
EBITDA
-4043.84%

What is the Ownership and Shareholding Structure of Tasati Tea?

In 2023, Tasati Tea had a promoter holding of 56.27% and a public holding of 43.73%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹85.30 M

Satisfied Charges

₹14.60 M

Charges Breakdown by Lending Institutions

  • Uco Bank : 8.53 Cr

Latest Charge Details

DateLenderAmountStatus
27 May 2020Uco Bank₹6.30 MOpen
20 Aug 2015Uco Bank₹1.40 CrOpen
22 May 1995Uco Bank₹6.50 CrOpen
01 Oct 2019Uco Bank₹6.00 MSatisfied
22 Sep 2014Uco Bank₹3.00 MSatisfied

How Many Employees Work at Tasati Tea?

Tasati Tea has a workforce of 16 employees as of Apr 04, 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.

Employee growth trends for Tasati Tea Ltd.

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Tasati Tea, 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 Tasati Tea'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 Tasati Tea

Recent activity within the organization

  • Annual General Meeting

    Tasati Tea Ltd. last Annual general meeting of members was held on 20 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Tasati Tea Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

  • Director Appointment

    Alka Shah was appointed as a Director was appointed as a Director on 25 Aug 2022 & has been associated with this company since 2 years 7 months .

  • Director Appointment

    Sanjay Kumar Gupta was appointed as a Director was appointed as a Director on 11 Jul 2022 & has been associated with this company since 2 years 8 months .

  • Charges

    A charge registered on 01 Oct 2019 via Charge ID 100291869 with Uco Bank was fully satisfied on 23 Jun 2020.

  • Charges

    A charge registered on 22 Sep 2014 via Charge ID 10524767 with Uco Bank was fully satisfied on 23 Jun 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Tasati Tea Ltd.?

    Tasati Tea Ltd. was incorporated on 31 Mar 1979.

  • What is authorized share capital and paid-up capital of Tasati Tea Ltd.?

    The authorized share capital of Tasati Tea Ltd. is ₹ 2.50 M and paid-up capital is ₹ 2.00 M.

  • Who are the current board members & directors of Tasati Tea Ltd.?

    Currently 8 directors are associated with Tasati Tea Ltd..

    • Deepak Bansal
    • Rajiv Chamaria
    • Sanjay Kumar Gupta
    • Vivek Bansal
    • Alka Shah
    • Ravi Agarwal
    • Deepak Bansal
    • Subramanian Krishnan

  • What is the registered address of Tasati Tea Ltd.?

    As per Ministry of Corporate Affairs (Mca), the registered address of Tasati Tea Ltd. is 7 Swallow Lane, Kolkats, West Bengal, India, 700001.

  • What is the corporate identification number (CIN) and company number of Tasati Tea Ltd.?

    The corporate identification number (CIN) of Tasati Tea Ltd. is L01132WB1979PLC031939 and the company number is 031939 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Tasati Tea Ltd.?

    The Official website of Tasati Tea Ltd. is https://www.tasati.in

  • What has been the recent revenue trend for Tasati Tea Ltd.?

    According to the financial reports for the fiscal year 2023, the revenue trend for Tasati Tea Ltd. has fallen by -6.11%.

  • How many employees does Tasati Tea Ltd. currently have?

    As Per 2023 financial reports, 16 employees are currently employed by Tasati Tea Ltd..

  • What change has been observed in the net worth of Tasati Tea Ltd., and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Tasati Tea Ltd. has experienced an downturn of -75.21%.

  • What are the total open charges for Tasati Tea Ltd.?

    As per the financial statements for fiscal Year 2023, The total open charges for Tasati Tea Ltd. amount to ₹ 8.53 Cr.

  • When was the last Balance Sheet of Tasati Tea Ltd. filed with the ROC?

    The most recent Balance Sheet for Tasati Tea Ltd. was filed with the ROC on 31 Mar 2023.

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