Sourceasy Ecommerce Private Limited
About Sourceasy Ecommerce Private Limited
Data last updated:
Sourceasy Ecommerce Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the online platform segment of the e-commerce sector. It was incorporated on 19 July 2016.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC095125.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Hemang Bhupendrabai Shah and Amit Balooni.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at # 443 8th Cross 24th Main Sector 1 Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2018, the company reported a revenue of ₹55.98 Lakh, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹1.79 Lakh (net margin -3.2%) and EBITDA of -₹1.76 Lakh (EBITDA margin -3.1%).
Company details
Contact details
Sourceasy Ecommerce Private Limited's registered office is in Bangalore, Karnataka.
- Registered Address# 443 8th Cross 24th Main Sector 1 Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryE-Commerce, Online Platform
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Sourceasy Ecommerce is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Sourceasy Ecommerce Private Limited, buy the company report.
Financials of Sourceasy Ecommerce Private Limited
FY 2019 filings availableSourceasy Ecommerce Private Limited reported revenue of ₹55.98 Lakh (up 22% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 22% in the latest year. EBITDA rose 76% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹1.76 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.79 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -3.1% | |
| Net Profit Margin | -3.2% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Sourceasy Ecommerce Private Limited, buy the company report.
Board of directors of Sourceasy Ecommerce Private Limited
Sourceasy Ecommerce has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemang Bhupendrabai Shah | Director | 19 Jul 2016 | 10 Years 3 Months | As last reported |
| Amit Balooni Also directs: Frank Knowtech LLP, Hyperfin Technologies Private Limited | Director | 19 Jul 2016 | 10 Years 3 Months | As last reported |
Peer comparison
Sourceasy Ecommerce Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| CRS Hospitality Private Limited | ₹56.1 Lakh (FY 2021) | 199.0% | Ludhiana, Punjab, India | |||
| Fortune Developcon Private Limited | ₹56.07 Lakh (FY 2025) | 20.0% | New Delhi, Delhi, India | |||
| Young Monk Hospitality and Travel Private Limited | ₹56.01 Lakh (FY 2024) | -28.0% | Kullu, Himachal Pradesh, India | |||
| Desi Chaupal Foods Private Limited | ₹55.99 Lakh (FY 2025) | 97.0% | Kaushambi, Uttar Pradesh, India | |||
| PCH Ventures Private Limited | ₹55.99 Lakh (FY 2023) | Goa, India | ||||
| Sourceasy Ecommerce Private Limitedthis company | ₹55.98 Lakh (FY 2018) | -₹1.79 Lakh | -3.2% | 22.0% | Bangalore, Karnataka, India | |
| Nilgiris Garden & Services Private Limited | ₹55.96 Lakh (FY 2025) | -8.0% | Coonoor, Tamil Nadu, India | |||
| Abhyagat Hotels and Lounge Private Limited | ₹55.78 Lakh (FY 2024) | 992.0% | Pune, Maharashtra, India | |||
| Hotel Tripless Private Limited | ₹55.69 Lakh (FY 2023) | 30.0% | Tamil Nadu, India | |||
| Das Chaudhuri Hotel Private Limited | ₹55.63 Lakh (FY 2024) | 6.0% | Assam, India | |||
| Impression Hotels Private Limited | ₹55.61 Lakh (FY 2025) | -5.0% | Patna, Bihar, India |
To see the full peer comparison of Sourceasy Ecommerce Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sourceasy Ecommerce Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sourceasy Ecommerce Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sourceasy Ecommerce Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sourceasy Ecommerce Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Amit Balooni was appointed as Director on 19 Jul 2016.
Frequently asked questions
Sourceasy Ecommerce has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Sourceasy Ecommerce was a private limited company based in Bangalore, Karnataka, India. The company worked in online platform, within the e-commerce industry. It was incorporated on 19 July 2016 and is registered under CIN U74999KA2016PTC095125. The company has been struck off by the Registrar of Companies and is no longer operational.
Sourceasy Ecommerce had 2 directors:
- Hemang Bhupendrabai Shah - Director
- Amit Balooni - Director
The CIN (Corporate Identification Number) of Sourceasy Ecommerce is U74999KA2016PTC095125. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sourceasy Ecommerce is at # 443 8th Cross 24th Main Sector 1 Hsr Layout, Bangalore, Karnataka, India – 560102.
Sourceasy Ecommerce was incorporated on 19 July 2016. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Sourceasy Ecommerce on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from FY 2017 are in the company report.
Sourceasy Ecommerce operated in the e-commerce industry, in the online platform segment. It worked in this industry before it was struck off.
The peers of Sourceasy Ecommerce by revenue are CRS Hospitality Private Limited, Fortune Developcon Private Limited, Young Monk Hospitality and Travel Private Limited, Desi Chaupal Foods Private Limited, PCH Ventures Private Limited and 5 more, all in the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Amit Balooni was appointed as Director on 19 Jul 2016. Hemang Bhupendrabai Shah was appointed as Director on 19 Jul 2016.
The compliance status of Sourceasy Ecommerce is compliant as of 26 July 2026.