Textile Sourcing And Services Private Limited

Provides technical consultancy and sourcing services for garments and textiles.

1998 | Bangalore, Karnataka (India) | Active
Last Updated: July 04, 2024

Textile Sourcing And Services Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 26 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 10.26 Cr
  • Revenue Growth 26.77%
  • Profit Growth 81.65%
  • Ebitda 88.47%
  • Net Worth -4.21%
  • Total Assets -7.64%

About Textile Sourcing And Services

Textile Sourcing And Services Private Limited (TSASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 July 1998 and has a history of 26 years and seven months. Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Fashion And Textile 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 5.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company has closed loans amounting to ₹10.26 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Venu Nambiar and Rachel Kattukaran serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tssindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74140KA1998PTC023976

  • Company No.

    023976

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Jul 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Fashion and Textile
Business Outsourcing

Who are the key members and board of directors at Textile Sourcing And Services?

Executive Team (1)

NameDesignationAppointment DateStatus
Venu Nambiar Country flag representing In Managing Director21-Jul-1998Current

Board Members (1)

NameDesignationAppointment DateStatus
Rachel Kattukaran Country flag representing In Director 21-Jul-1998Current

Financial Performance of Textile Sourcing And Services.

Textile Sourcing And Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.77% increase. The company also saw a substantial improvement in profitability, with a 81.65% increase in profit. The company's net worth dipped by a decrease of 4.21%.

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
26.77%
Revenue from Operations
26.27%
Total Assets
-7.64%
Profit or Loss
81.65%
Net Worth
-4.21%
EBITDA
88.47%

What is the Ownership and Shareholding Structure of Textile Sourcing And Services?

In 2023, Textile Sourcing And Services had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹10.26 Cr

Charges Breakdown by Lending Institutions

  • Icici Bank Limited : 10.00 Cr
  • Centurion Bank Of Punjab Limited : 0.26 Cr

Latest Charge Details

DateLenderAmountStatus
18 Oct 2012Icici Bank Limited₹10.00 CrSatisfied
10 Jun 2006Centurion Bank Of Punjab Limited₹2.57 MSatisfied

How Many Employees Work at Textile Sourcing And Services?

Textile Sourcing And Services has a workforce of 20 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Textile Sourcing And 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 Textile Sourcing And Services'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 Textile Sourcing And Services

Recent activity within the organization

  • Annual General Meeting

    Textile Sourcing And 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

    Textile Sourcing And Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge registered on 18 Oct 2012 via Charge ID 10438299 with Icici Bank Limited was fully satisfied on 20 Oct 2018.

    20 Oct 2018

  • Charges

    A charge registered on 10 Jun 2006 via Charge ID 10008047 with Centurion Bank Of Punjab Limited was fully satisfied on 03 Jan 2018.

    03 Jan 2018

  • Charges

    A charge with Icici Bank Limited amounted to Rs. 10.00 Cr with Charge ID 10438299 was registered on 18 Oct 2012.

    18 Oct 2012

  • Charges

    A charge with Centurion Bank Of Punjab Limited amounted to Rs. 0.26 Cr with Charge ID 10008047 was registered on 10 Jun 2006.

    10 Jun 2006

Frequently asked questions

  • Textile Sourcing And Services Private Limited was incorporated on 21 Jul 1998.

  • The authorized share capital of Textile Sourcing And Services Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 2 directors are associated with Textile Sourcing And Services Private Limited.

    • Venu Gopal Nambiar
    • Rachel Kattukaran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Textile Sourcing And Services Private Limited is No. 2 Hayes Road Richmond Town, Bangalore, Karnataka, India, 560025.

  • The corporate identification number (CIN) of Textile Sourcing And Services Private Limited is U74140KA1998PTC023976 and the company number is 023976 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Textile Sourcing And Services Private Limited is https://www.tssindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Textile Sourcing And Services Private Limited has risen by 26.77%.

  • As Per 2023 financial reports, 20 employees are currently employed by Textile Sourcing And Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Textile Sourcing And Services Private Limited has experienced an downturn of -4.21%.

  • The most recent Balance Sheet for Textile Sourcing And Services Private Limited was filed with the ROC on 31 Mar 2023.

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