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Teamspace Financial Services Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.45 Cr
- Company Age 20 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.00 Cr
- Satisfied Charges ₹ 5.43 Cr
- Revenue Growth 88.50%
- Profit Growth 83.17%
- Ebitda 82.76%
- Net Worth 58.11%
- Total Assets 151.82%
About Teamspace Financial Services
Teamspace Financial Services Private Limited (TFSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 August 2004 and has a history of 20 years and six months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Business Outsourcing 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 1.50 Cr and a paid-up capital of Rs 1.45 Cr.
The company currently has active open charges totaling ₹4.00 Cr. The company has closed loans amounting to ₹5.43 Cr, as per Ministry of Corporate Affairs (MCA) records.
Prashant Ashar, Girdhardas Sampat, and Vaishali Ashar serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74110MH2004PTC148219
- Company No.
148219
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Aug 2004
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Teamspace Financial Services?
Board Members (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Prashant Ashar ![]() | Whole-Time Director | 25-Aug-2004 | Current |
Girdhardas Sampat ![]() | Director | 02-Dec-2012 | Current |
Vaishali Ashar ![]() | Director | 06-Mar-2023 | Current |
Financial Performance of Teamspace Financial Services.
Teamspace Financial Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 88.5% increase. The company also saw a substantial improvement in profitability, with a 83.17% increase in profit. The company's net worth Soared by an impressive increase of 58.11%.
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- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Teamspace Financial Services?
In 2023, Teamspace Financial Services had a promoter holding of 80.53% and a public holding of 19.46%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Related Corporates (Common Directorship)
- Pamac Finserve Private Limited
Prashant Ashar and Girdhardas Sampat are mutual person
- Ripple Effect Softech Services Private Limited
Prashant Ashar is a mutual person
Charges (Loans)
₹4.00 Cr
₹5.43 Cr
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 4.00 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
18 Jun 2020 | Citi Bank N.A. | ₹4.00 Cr | Open |
22 Jun 2016 | Others | ₹4.43 Cr | Satisfied |
26 Apr 2014 | The Ratnakar Bank Limited | ₹1.00 Cr | Satisfied |
How Many Employees Work at Teamspace Financial Services?
Teamspace Financial Services has a workforce of 8938 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.
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Deals i
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Gain comprehensive insights into the Deals and Valuation data of Teamspace Financial Services, 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 Teamspace Financial Services's trajectory.
Rating
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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
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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 Teamspace Financial Services
Recent activity within the organization
- Annual General Meeting
Teamspace Financial Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
30 Sep 2023
- Balance Sheet
Teamspace Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
31 Mar 2023
- Director Appointment
Vaishali Prashant Ashar was appointed as a Director was appointed as a Director on 06 Mar 2023 & has been associated with this company since 1 year 11 months .
06 Mar 2023
- Charges
A charge with Citi Bank N.A. of Rs. 4.00 Cr registered on 18 Jun 2020 with Charge ID 100355671 was modified on 27 Jan 2021.
27 Jan 2021
- Charges
A charge registered on 22 Jun 2016 via Charge ID 100042067 with Others was fully satisfied on 04 Aug 2020.
04 Aug 2020
- Charges
A charge with Citi Bank N.A. amounted to Rs. 4.00 Cr with Charge ID 100355671 was registered on 18 Jun 2020.
18 Jun 2020
Frequently asked questions
What is the Incorporation or founding date of Teamspace Financial Services Private Limited?
Teamspace Financial Services Private Limited was incorporated on 25 Aug 2004.
What is authorized share capital and paid-up capital of Teamspace Financial Services Private Limited?
The authorized share capital of Teamspace Financial Services Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.45 Cr.
Who are the current board members & directors of Teamspace Financial Services Private Limited?
Currently 3 directors are associated with Teamspace Financial Services Private Limited.
- Prashant Jagdish Ashar
- Girdhardas Vithaldas Sampat
- Vaishali Prashant Ashar
What is the registered address of Teamspace Financial Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Teamspace Financial Services Private Limited is C-20 Wadala Shri Ram Industrial Premises Co-Op Society Ltd Plot No.13 G D Ambekar Marg, Mumbai, Maharashtra, India, 400031.
What is the corporate identification number (CIN) and company number of Teamspace Financial Services Private Limited?
The corporate identification number (CIN) of Teamspace Financial Services Private Limited is U74110MH2004PTC148219 and the company number is 148219 as per Ministry of Corporate Affairs (MCA).
What is the official website of Teamspace Financial Services Private Limited?
The Official website of Teamspace Financial Services Private Limited is https://www.teamspace.co.in
What has been the recent revenue trend for Teamspace Financial Services Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Teamspace Financial Services Private Limited has risen by 88.50%.
How many employees does Teamspace Financial Services Private Limited currently have?
As Per 2023 financial reports, 8938 employees are currently employed by Teamspace Financial Services Private Limited.
What change has been observed in the net worth of Teamspace Financial Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Teamspace Financial Services Private Limited has experienced an upsurge of 58.11%.
What are the total open charges for Teamspace Financial Services Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Teamspace Financial Services Private Limited amount to ₹ 4.00 Cr.
When was the last Balance Sheet of Teamspace Financial Services Private Limited filed with the ROC?
The most recent Balance Sheet for Teamspace Financial Services Private Limited was filed with the ROC on 31 Mar 2023.
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