Twinstar Industries Profile
Key Indicators
- Authorised Capital ₹ 22.50 Cr
- Paid Up Capital ₹ 22.46 Cr
- Company Age 30 Year, 9 Months
- Last Filing with ROC 31 Mar 2019
- Open Charges ₹ 21.00 Cr
- Satisfied Charges ₹ 5.00 M
- Revenue Growth -54.26%
- Profit Growth 16.81%
- Ebitda 19.67%
- Net Worth 1.98%
- Total Assets 46.87%
About Twinstar Industries
Twinstar Industries Limited (TIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 June 1994 and has a history of 30 years and nine months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531917.
The Corporate was formerly known as Twinstar Software Exports Limited. The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 22.50 Cr and a paid-up capital of Rs 22.46 Cr.
The company currently has active open charges totaling ₹21.00 Cr. The company has closed loans amounting to ₹5.00 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Twinstar Industries Limited India is Anita Ravat as CFO. Daulat Mehta, Dinesh Sharma, Ashutosh, and One other member 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
L30007MH1994PLC079084
- Company No.
079084
- Stock Symbol
BSE : 531917
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Jun 1994
- Date of AGM
05 Oct 2019
- Date of Balance Sheet
31 Mar 2019
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Information Technology
Chemicals and Materials
Home & Lifestyle
What products or services does Twinstar Industries Limited offer?
Twinstar Industries Limited offers a wide range of products and services, including Communication Service, IP Telephony Service, Networking Solutions, Server Management Service, Computer Hardware & Network Support, Data Centre Solution, Business Consultant, Business Intelligence Services, Mobile Application Development, Mobile Application Design Services.
Who are the key members and board of directors at Twinstar Industries?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Daulat Mehta  | Managing Director | 23-Jun-1994 | Current |
| Anita Ravat | CFO | 22-May-2019 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Dinesh Sharma | Director | 28-Sep-2018 | Current |
| Ashutosh | Additional Director | 30-Nov-2019 | Current |
| Anita Ravat | Additional Director and Cfo | 22-May-2019 | Current |
Financial Performance of Twinstar Industries.
Twinstar Industries Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 54.26% decrease. The company also saw a substantial improvement in profitability, with a 16.81% increase in profit. The company's net worth moved up by a moderate rise of 1.98%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Twinstar Industries?
In 2019, Twinstar Industries had a promoter holding of 24.56% and a public holding of 75.44%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Originet Technologies LimitedDaulat Mehta and Anita Ravat are mutual person
Ib2btester Solutions Private LimitedDinesh Sharma is a mutual person
Valuepitch Etechnologies Private LimitedDinesh Sharma is a mutual person
Biorx Venture Advisors Private LimitedDinesh Sharma is a mutual person
Twin Star Holding And Finance Ltd.Daulat Mehta is a mutual person
- Vidhu Infracon Private Limited
Dinesh Sharma is a mutual person
Charges (Loans)
Open Charges
₹21.00 Cr
Satisfied Charges
₹0.50 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 21.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 May 2013 | State Bank Of India | ₹21.00 Cr | Open |
| 28 Jan 2012 | Union Bank Of India | ₹5.00 M | Satisfied |
How Many Employees Work at Twinstar Industries?
Twinstar Industries has a workforce of 16 employees as of Mar 29, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Twinstar Industries, 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 Twinstar Industries's trajectory.
Rating
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
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 Twinstar Industries
Recent activity within the organization
- Charges
A charge with State Bank Of India of Rs. 21.00 Cr registered on 10 May 2013 with Charge ID 10434984 was modified on 30 Sep 2023.
- Director Appointment
Ashutosh was appointed as a Additional Director was appointed as a Additional Director on 30 Nov 2019 & has been associated with this company since 5 years 4 months .
- Annual General Meeting
Twinstar Industries Limited last Annual general meeting of members was held on 05 Oct 2019 as per latest MCA records.
- Director Appointment
Anita Kiran Dev Ravat was appointed as a Additional Director was appointed as a Additional Director on 22 May 2019 & has been associated with this company since 5 years 10 months .
- Director Appointment
Anita Kiran Dev Ravat was appointed as a Cfo was appointed as a Cfo on 22 May 2019 & has been associated with this company since 5 years 10 months .
- Balance Sheet
Twinstar Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Twinstar Industries Limited?
Twinstar Industries Limited was incorporated on 20 Jun 1994.
What is authorized share capital and paid-up capital of Twinstar Industries Limited?
The authorized share capital of Twinstar Industries Limited is ₹ 22.50 Cr and paid-up capital is ₹ 22.46 Cr.
Who are the current board members & directors of Twinstar Industries Limited?
Currently 5 directors are associated with Twinstar Industries Limited.
- Daulat Samirmal Mehta
- Dinesh Chand Sharma
- Ashutosh
- Anita Kiran Dev Ravat
- Anita Kiran Dev Ravat
What is the registered address of Twinstar Industries Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Twinstar Industries Limited is 702 Acme Plaza Andheri Kurla Road East India, Mumbai, Maharashtra, 400059.
What is the corporate identification number (CIN) and company number of Twinstar Industries Limited?
The corporate identification number (CIN) of Twinstar Industries Limited is L30007MH1994PLC079084 and the company number is 079084 as per Ministry of Corporate Affairs (MCA).
Is Twinstar Industries Limited registered with any stock exchange in India?
Yes, Twinstar Industries Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Twinstar Industries Limited?
The Official website of Twinstar Industries Limited is https://www.twinstar.in
What has been the recent revenue trend for Twinstar Industries Limited?
According to the financial reports for the fiscal year 2019, the revenue trend for Twinstar Industries Limited has fallen by -54.26%.
How many employees does Twinstar Industries Limited currently have?
As Per 2019 financial reports, 16 employees are currently employed by Twinstar Industries Limited.
What change has been observed in the net worth of Twinstar Industries Limited, and by what percentage?
The financial reports for the fiscal year 2019 indicates that The net worth of Twinstar Industries Limited has experienced an upsurge of 1.98%.
What are the total open charges for Twinstar Industries Limited?
As per the financial statements for fiscal Year 2019, The total open charges for Twinstar Industries Limited amount to ₹ 21.00 Cr.
When was the last Balance Sheet of Twinstar Industries Limited filed with the ROC?
The most recent Balance Sheet for Twinstar Industries Limited was filed with the ROC on 31 Mar 2019.
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