Twinstar Industries Profile
Key Indicators
- Authorised Capital ₹ 22.50 Cr
- Paid Up Capital ₹ 22.46 Cr
- Company Age 30 Year, 8 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 eight 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
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
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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)
₹21.00 Cr
₹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.
