About TGS Vertical Transportation Private Limited
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TGS Vertical Transportation Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 15 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U35990KA2011PTC061661. Its GSTIN is 29AAECT0782F1Z8 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Raje Gowda and Shankaranahally Rajegowda Nandeesh.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2017, the company reported a revenue of ₹4.06 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹10.36 Lakh (net margin 2.6%) and EBITDA of ₹17.8 Lakh (EBITDA margin 4.4%).
Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website tgsvt.com.
Company details
Contact details
TGS Vertical Transportation Private Limited's registered office is in Bangalore, Karnataka. Its website is tgsvt.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSri Lakshmi Towers #1 4th Floor Site No 2 & 3 Chokkasandra Jalhalli Cross T Dasarahal, Li, Bangalore, Karnataka, India – 560057
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of TGS Vertical Transportation Private Limited, buy the company report.
- 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 TGS Vertical Transportation is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of TGS Vertical Transportation Private Limited, buy the company report.
Financials of TGS Vertical Transportation Private Limited
FY 2017 filings availableTGS Vertical Transportation Private Limited reported revenue of ₹4.06 Cr (up 10% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year. EBITDA rose 17% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹4.06 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹17.8 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹10.36 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 4.4% | ||
| Net Profit Margin | 2.6% | ||
| 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 TGS Vertical Transportation Private Limited, buy the company report.
Board of directors of TGS Vertical Transportation Private Limited
TGS Vertical Transportation has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hassan Channegowda Pushpa Also directs: Hoysala Technologies India Private Limited | Additional Director | 22 Mar 2019 | 7 Years 7 Months | Current |
| Raje Gowda | Director | 15 Dec 2011 | 14 Years 10 Months | Current |
| Shankaranahally Rajegowda Nandeesh Also directs: Labassa LLP, First Circle Biztech Private Limited, Hoysala Technologies India Private Limited and 2 more | Director | 15 Dec 2011 | 14 Years 10 Months | Current |
Auditor
TGS Vertical Transportation Private Limited is audited by B V C & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B V C & CO | FY 2017 | 008154S |
Shareholding
The shareholding of TGS Vertical Transportation Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of TGS Vertical Transportation Private Limited, buy the company report.
Legal cases
TGS Vertical Transportation Private Limited has 7 court cases on record: 2 filed by TGS Vertical Transportation, 5 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 4 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by M/S Cannas Lily Infrastructure Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Cannas Lily Infrastructure Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against individuals | Pending |
| High Court of Karnataka | Court case (CRL.P) | Filed against the company by M/S Cannas Lily Infrasture Private Limited | Disposed |
| District court, CHITRADURGA, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of TGS Vertical Transportation Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for TGS Vertical Transportation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
TGS Vertical Transportation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECT0782F1Z8 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of TGS Vertical Transportation Private Limited, buy the company report.
Recent activity
TGS Vertical Transportation Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Hassan Channegowda Pushpa was appointed as Additional Director on 22 Mar 2019.
Frequently asked questions
TGS Vertical Transportation is an active private limited company based in Bangalore, Karnataka, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 15 December 2011 (15+ years old) and is registered under CIN U35990KA2011PTC061661.
TGS Vertical Transportation has 3 current directors:
- Hassan Channegowda Pushpa - Additional Director
- Raje Gowda - Director
- Shankaranahally Rajegowda Nandeesh - Director
The latest financial statements of TGS Vertical Transportation on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of TGS Vertical Transportation is 29AAECT0782F1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of TGS Vertical Transportation is U35990KA2011PTC061661. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
TGS Vertical Transportation has 7 court cases on record: 2 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
TGS Vertical Transportation was incorporated on 15 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Hassan Channegowda Pushpa was appointed as Additional Director on 22 Mar 2019. Raje Gowda was appointed as Director on 15 Dec 2011. Shankaranahally Rajegowda Nandeesh was appointed as Director on 15 Dec 2011.
TGS Vertical Transportation can be reached through the website tgsvt.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of TGS Vertical Transportation is at Sri Lakshmi Towers #1 4th Floor Site No 2 & 3 Chokkasandra Jalhalli Cross T Dasarahal, Li, Bangalore, Karnataka, India – 560057.
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