Track Shoes Private Limited

Manufactures and sells shoes for export market.

1987 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Track Shoes Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.05 Cr
  • Company Age 37 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 32.40 Cr
  • Satisfied Charges ₹ 95.65 Cr
  • Revenue Growth 37.91%
  • Profit Growth -8.31%
  • Ebitda 87.14%
  • Net Worth 3.73%
  • Total Assets 14.38%

About Track Shoes

Track Shoes Private Limited (TSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 October 1987 and has a history of 37 years and four months. Its registered office is in Chennai, Tamil Nadu.

The Company is engaged in the Consumer Goods 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 4.00 Cr and a paid-up capital of Rs 3.05 Cr.

The company currently has active open charges totaling ₹32.40 Cr. The company has closed loans amounting to ₹95.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

Harish Nekkanti, Karipineni Nageswararao, and Nekanti Rao serve as directors at the Company.

Company Details

  • Location Chennai, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18209TN1987PTC014944

  • Company No.

    014944

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Oct 1987

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Consumer Goods

Who are the key members and board of directors at Track Shoes?

Board Members (3)

NameDesignationAppointment DateStatus
Harish Nekkanti Country flag representing In Director 08-Sep-2014Current
Karipineni Nageswararao Country flag representing In Director 07-Oct-1987Current
Nekanti Rao Country flag representing In Director 07-Oct-1987Current

Financial Performance of Track Shoes.

Track Shoes Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.91% increase. The company also saw a slight decrease in profitability, with a 8.31% decrease in profit. The company's net worth moved up by a moderate rise of 3.73%.

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
37.91%
Revenue from Operations
41.67%
Total Assets
14.38%
Profit or Loss
-8.31%
Net Worth
3.73%
EBITDA
87.14%

What is the Ownership and Shareholding Structure of Track Shoes?

In 2023, Track Shoes had a promoter holding of 99.51% and a public holding of 0.49%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹32.40 Cr

Satisfied Charges

₹95.65 Cr

Charges Breakdown by Lending Institutions

  • Others : 28.00 Cr
  • Standard Chartered Bank : 4.40 Cr

Latest Charge Details

DateLenderAmountStatus
18 Apr 2023Standard Chartered Bank₹4.40 CrOpen
09 Jan 2023Others₹28.00 CrOpen
24 Apr 2020Standard Chartered Bank₹6.00 MSatisfied
24 Apr 2020Standard Chartered Bank₹24.00 CrSatisfied
14 Mar 2018Others₹21.00 CrSatisfied

How Many Employees Work at Track Shoes?

Track Shoes has a workforce of 191 employees as of Mar 22, 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 Track Shoes, 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 Track Shoes'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 Track Shoes

Recent activity within the organization

  • Annual General Meeting

    Track Shoes Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge registered on 24 Apr 2020 via Charge ID 100365951 with Standard Chartered Bank was fully satisfied on 09 May 2023.

    09 May 2023

  • Charges

    A charge registered on 24 Apr 2020 via Charge ID 100365953 with Standard Chartered Bank was fully satisfied on 09 May 2023.

    09 May 2023

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 4.40 Cr with Charge ID 100716783 was registered on 18 Apr 2023.

    18 Apr 2023

  • Balance Sheet

    Track Shoes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 28.00 Cr registered on 09 Jan 2023 with Charge ID 100663798 was modified on 24 Jan 2023.

    24 Jan 2023

Frequently asked questions

  • Track Shoes Private Limited was incorporated on 07 Oct 1987.

  • The authorized share capital of Track Shoes Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.05 Cr.

  • Currently 3 directors are associated with Track Shoes Private Limited.

    • Harish Nekkanti
    • Karipineni Nageswararao
    • Nekanti Venkat Rao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Track Shoes Private Limited is No.4/287, Kundrathur Main Road Kovur India, Chennai, Tamil Nadu, 602101.

  • The corporate identification number (CIN) of Track Shoes Private Limited is U18209TN1987PTC014944 and the company number is 014944 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Track Shoes Private Limited has risen by 37.91%.

  • As Per 2023 financial reports, 191 employees are currently employed by Track Shoes Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Track Shoes Private Limited has experienced an upsurge of 3.73%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Track Shoes Private Limited amount to ₹ 32.40 Cr.

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