Team Tools Private Limited

Manufacturer and exporter of a variety of hand tools for various industries.

1995 | P[Unjab, Punjab (India) | Active
Last Updated: December 23, 2024

Team Tools Profile

Key Indicators

  • Authorised Capital ₹ 8.70 M
  • Paid Up Capital ₹ 7.19 M
  • Company Age 29 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.85 Cr
  • Satisfied Charges ₹ 6.73 M
  • Revenue Growth %
  • Profit Growth -54.92%
  • Ebitda -65.85%
  • Net Worth -0.75%
  • Total Assets -2.99%

About Team Tools

Team Tools Private Limited (TTPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 August 1995 and has a history of 29 years and six months. Its registered office is in P[Unjab, Punjab.

The Company is engaged in the Machinery And Equipment 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 8.70 M and a paid-up capital of Rs 7.19 M.

The company currently has active open charges totaling ₹6.85 Cr. The company has closed loans amounting to ₹6.73 M, as per Ministry of Corporate Affairs (MCA) records.

Satinderjit Singh and Kaka Singh serve as directors at the Company.

Company Details

  • Location P[Unjab, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28939PB1995PTC016895

  • Company No.

    016895

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Aug 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Machinery and Equipment

What products or services does Team Tools Private Limited offer?

Team Tools Private Limited offers a wide range of products and services, including Drills, Grinders, Saws & Power Tools, Power Tools, Pliers, Screwdrivers & Hammers, Spanners, Adhesives, Glue and Sealants, Adhesive Dispensing Equipment, Oil Can, Plier, Cutting Pliers, Combination Pliers.

Who are the key members and board of directors at Team Tools?

Board Members (2)

Name Designation Appointment Date Status
Satinderjit Singh Country flag representing In Additional Director 27-Apr-2021 Current
Kaka Singh Country flag representing In Additional Director 20-Jul-2023 Current

Financial Performance of Team Tools.

Team Tools Private Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 54.92% decrease in profit. The company's net worth dipped by a decrease of 0.75%.

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
Revenue from Operations
Total Assets
-2.99%
Profit or Loss
-54.92%
Net Worth
-0.75%
EBITDA
-65.85%

What is the Ownership and Shareholding Structure of Team Tools?

In 2021, Team Tools had a promoter holding of 57.21% and a public holding of 42.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹68.51 M

Satisfied Charges

₹6.73 M

Charges Breakdown by Lending Institutions

  • Uco Bank : 5.80 Cr
  • Small Industries Development Bank Of India : 1.05 Cr

Latest Charge Details

Date Lender Amount Status
31 Mar 2016 Uco Bank ₹2.00 M Open
08 Jan 2010 Small Industries Development Bank Of India ₹4.91 M Open
01 Jul 2005 Uco Bank ₹5.60 Cr Open
06 Apr 2005 Small Industries Development Bank Of India ₹5.60 M Open
20 Feb 2001 State Bank Of Patiala ₹1.40 M Satisfied

How Many Employees Work at Team Tools?

Unlock and access historical data on people associated with Team Tools, 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 Team Tools, 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 Team Tools'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 Team Tools

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Director Appointment

    Kaka Singh was appointed as a Additional Director was appointed as a Additional Director on 20 Jul 2023 & has been associated with this company since 1 year 6 months .

    20 Jul 2023

  • Balance Sheet

    Team Tools Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Director Appointment

    Satinderjit Singh was appointed as a Additional Director was appointed as a Additional Director on 27 Apr 2021 & has been associated with this company since 3 years 9 months .

    27 Apr 2021

  • Charges

    A charge with Uco Bank amounted to Rs. 2.00 M with Charge ID 100021283 was registered on 31 Mar 2016.

    31 Mar 2016

  • Charges

    A charge with Uco Bank of Rs. 56.00 M registered on 01 Jul 2005 with Charge ID 80013531 was modified on 10 Jan 2015.

    10 Jan 2015

Frequently asked questions

  • Team Tools Private Limited was incorporated on 16 Aug 1995.

  • The authorized share capital of Team Tools Private Limited is ₹ 8.70 M and paid-up capital is ₹ 7.19 M.

  • Currently 2 directors are associated with Team Tools Private Limited.

    • Satinderjit Singh
    • Kaka Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Team Tools Private Limited is E 627Aphase Vii Focal Point Ludhiana P Unjab India, P[Unjab, Punjab.

  • The corporate identification number (CIN) of Team Tools Private Limited is U28939PB1995PTC016895 and the company number is 016895 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2021 indicates that The net worth of Team Tools Private Limited has experienced an downturn of -0.75%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Team Tools Private Limited amount to ₹ 6.85 Cr.

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

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