Teamtech Formwork Solutions Private Limited

Manufactures and trades civil engineering machinery and equipment.

2018 | Hyderabad, Telangana (India) | Active
Last Updated: July 02, 2024

Teamtech Formwork Solutions Profile

Key Indicators

  • Authorised Capital ₹ 2.60 Cr
  • Paid Up Capital ₹ 2.56 Cr
  • Company Age 6 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.42 Cr
  • Satisfied Charges ₹ 1.92 Cr
  • Revenue Growth 71.93%
  • Profit Growth 280.65%
  • Ebitda 144.25%
  • Net Worth 77.91%
  • Total Assets 26.65%

About Teamtech Formwork Solutions

Teamtech Formwork Solutions Private Limited (TFSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 12 November 2018 (Six years and two months 30 days old ). Its registered office is in Hyderabad, Telangana, India.

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 2.60 Cr and a paid-up capital of Rs 2.56 Cr.

The company currently has active open charges totaling ₹7.42 Cr. The company has closed loans amounting to ₹1.92 Cr, as per Ministry of Corporate Affairs (MCA) records.

Eldo Varghese, Chaitanya Kotagiri, and Salinraj Kunnummal serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29190TG2018PTC128233

  • Company No.

    128233

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Nov 2018

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Machinery and Equipment

Who are the key members and board of directors at Teamtech Formwork Solutions?

Executive Team (1)

Name Designation Appointment Date Status
Eldo Varghese Country flag representing In Managing Director 12-Nov-2018 Current

Board Members (2)

Name Designation Appointment Date Status
Chaitanya Kotagiri Country flag representing In Director 12-Nov-2018 Current
Salinraj Kunnummal Country flag representing In Director 20-Apr-2021 Current

Financial Performance of Teamtech Formwork Solutions.

Teamtech Formwork Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 71.93% increase. The company also saw a substantial improvement in profitability, with a 280.65% increase in profit. The company's net worth Soared by an impressive increase of 77.91%.

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
71.93%
Revenue from Operations
71.93%
Total Assets
26.65%
Profit or Loss
280.65%
Net Worth
77.91%
EBITDA
144.25%

What is the Ownership and Shareholding Structure of Teamtech Formwork Solutions?

In 2023, Teamtech Formwork 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)

Open Charges

₹7.42 Cr

Satisfied Charges

₹1.92 Cr

Charges Breakdown by Lending Institutions

  • Others : 6.82 Cr
  • Tata Capital Financial Services Limited : 0.60 Cr

Latest Charge Details

Date Lender Amount Status
30 Sep 2023 Tata Capital Financial Services Limited ₹6.00 M Open
15 Nov 2021 Others ₹6.82 Cr Open
18 Jul 2020 Others ₹2.70 M Satisfied
02 Dec 2019 The Catholic Syrian Bank Ltd ₹1.50 M Satisfied
25 Jan 2019 The Catholic Syrian Bank Ltd ₹1.50 Cr Satisfied

How Many Employees Work at Teamtech Formwork Solutions?

Teamtech Formwork Solutions has a workforce of 58 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 Teamtech Formwork 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 Teamtech Formwork 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 Teamtech Formwork Solutions

Recent activity within the organization

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 0.60 Cr with Charge ID 100815908 was registered on 30 Sep 2023.

    30 Sep 2023

  • Annual General Meeting

    Teamtech Formwork Solutions Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Charges

    A charge with Others of Rs. 6.82 Cr registered on 15 Nov 2021 with Charge ID 100500115 was modified on 30 Aug 2023.

    30 Aug 2023

  • Balance Sheet

    Teamtech Formwork Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 6.82 Cr with Charge ID 100500115 was registered on 15 Nov 2021.

    15 Nov 2021

  • Charges

    A charge registered on 18 Jul 2020 via Charge ID 100359086 with Others was fully satisfied on 27 Sep 2021.

    27 Sep 2021

Frequently asked questions

  • Teamtech Formwork Solutions Private Limited was incorporated on 12 Nov 2018.

  • The authorized share capital of Teamtech Formwork Solutions Private Limited is ₹ 2.60 Cr and paid-up capital is ₹ 2.56 Cr.

  • Currently 3 directors are associated with Teamtech Formwork Solutions Private Limited.

    • Eldo Varghese
    • Chaitanya Prakash Kotagiri
    • Salinraj Kunnummal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Teamtech Formwork Solutions Private Limited is 1050/1 Matrusri Nagar Miyapur, Hyderabad, Telangana, India, 500049.

  • The corporate identification number (CIN) of Teamtech Formwork Solutions Private Limited is U29190TG2018PTC128233 and the company number is 128233 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Teamtech Formwork Solutions Private Limited is https://www.teamtechengg.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Teamtech Formwork Solutions Private Limited has risen by 71.93%.

  • As Per 2023 financial reports, 58 employees are currently employed by Teamtech Formwork Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Teamtech Formwork Solutions Private Limited has experienced an upsurge of 77.91%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Teamtech Formwork Solutions Private Limited amount to ₹ 7.42 Cr.

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