Tulip Elastics Private Limited

Manufactures various narrow woven fabrics including elastics, surgical elastics, and curtain tape.

1991 | Delhi (India) | Active
Last Updated: January 03, 2025

Tulip Elastics Profile

Key Indicators

  • Authorised Capital ₹ 1.10 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 33 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 14.39 Cr
  • Revenue Growth 7.43%
  • Profit Growth 3.82%
  • Ebitda 6.57%
  • Net Worth 8.63%
  • Total Assets 14.88%

About Tulip Elastics

Tulip Elastics Private Limited (TEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 October 1991 and has a history of 33 years and four months. Its registered office is in Delhi, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.10 Cr and a paid-up capital of Rs 1.00 Cr.

The company has closed loans amounting to ₹14.39 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Krishan Mittal, Anita Mittal, Vandana Mittal, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tulipelastics.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1991PTC046161

  • Company No.

    046161

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Oct 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

Who are the key members and board of directors at Tulip Elastics?

Board Members (4)

NameDesignationAppointment DateStatus
Ashish Mittal Country flag representing In Director 09-Apr-2018Current
Krishan Mittal Country flag representing In Director 24-Oct-1991Current
Anita Mittal Country flag representing In Director 15-Mar-2024Current
Vandana Mittal Country flag representing In Director 17-Aug-2012Current

Financial Performance of Tulip Elastics.

Tulip Elastics Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 7.43% increase. The company also saw a slight improvement in profitability, with a 3.82% increase in profit. The company's net worth moved up by a moderate rise of 8.63%.

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
7.43%
Revenue from Operations
7.03%
Total Assets
14.88%
Profit or Loss
3.82%
Net Worth
8.63%
EBITDA
6.57%

What is the Ownership and Shareholding Structure of Tulip Elastics?

In 2021, Tulip Elastics 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

₹0

Satisfied Charges

₹14.39 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 6.05 Cr
  • Andhra Bank : 5.20 Cr
  • State Bank Of India : 1.45 Cr
  • Punjab National Bank : 0.95 Cr
  • Piunjab National Bank : 0.74 Cr

Latest Charge Details

DateLenderAmountStatus
07 Oct 2014Standard Chartered Bank₹2.50 MSatisfied
30 Jun 2011Standard Chartered Bank₹5.80 CrSatisfied
23 Jun 2010Andhra Bank₹7.00 MSatisfied
27 Jan 2009Andhra Bank₹4.50 CrSatisfied
18 Apr 2007Punjab National Bank₹2.03 MSatisfied

How Many Employees Work at Tulip Elastics?

Tulip Elastics has a workforce of 22 employees as of Apr 03, 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 Tulip Elastics, 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 Tulip Elastics'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 Tulip Elastics

Recent activity within the organization

  • Annual General Meeting

    Tulip Elastics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Tulip Elastics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Anita Mittal was appointed as a Director was appointed as a Director on 15 Mar 2024 & has been associated with this company since 11 months 11 days .

    15 Mar 2024

  • Charges

    A charge registered on 07 Oct 2014 via Charge ID 10530623 with Standard Chartered Bank was fully satisfied on 27 Jul 2022.

    27 Jul 2022

  • Charges

    A charge registered on 30 Jun 2011 via Charge ID 10297572 with Standard Chartered Bank was fully satisfied on 27 Jul 2022.

    27 Jul 2022

  • Director Appointment

    Ashish Mittal was appointed as a Director was appointed as a Director on 09 Apr 2018 & has been associated with this company since 6 years 10 months .

    09 Apr 2018

Frequently asked questions

  • Tulip Elastics Private Limited was incorporated on 24 Oct 1991.

  • The authorized share capital of Tulip Elastics Private Limited is ₹ 1.10 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 4 directors are associated with Tulip Elastics Private Limited.

    • Krishan Mittal
    • Anita Mittal
    • Vandana Mittal
    • Ashish Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tulip Elastics Private Limited is Pankaj Chambershop No-102 H-Block Main Mark First Floor Sarita Vihar India, New Delh, Delhi, 110044.

  • The corporate identification number (CIN) of Tulip Elastics Private Limited is U74899DL1991PTC046161 and the company number is 046161 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tulip Elastics Private Limited is https://www.tulipelastics.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Tulip Elastics Private Limited has risen by 7.43%.

  • As Per 2022 financial reports, 22 employees are currently employed by Tulip Elastics Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Tulip Elastics Private Limited has experienced an upsurge of 8.63%.

  • The most recent Balance Sheet for Tulip Elastics Private Limited was filed with the ROC on 31 Mar 2024.

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