Design and Source LLP
About Design and Source LLP
Data last updated:
Design and Source LLP is a limited liability partnership (LLP) based in Bangalore, Karnataka, India. It operates in the online apparel retail segment of the e-commerce sector. It was incorporated on 15 April 2021 and has been in existence for over 5 years.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAW-7237. Its GSTIN is 29AASFD4391H1ZV (Karnataka).
The LLP has a total obligation of contribution of ₹20,000. It is led by designated partners Anamika Verma and Ranjiv Kumar Verma.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at No 21 2nd Floor Swaraj Building Mes Road Muthyalnagar Ring Road, Bangalore, Karnataka, India – 560054.
As per the financials filed for FY 2025, the LLP reported a revenue of ₹1.68 Cr, a decline of 59% compared to the previous year. For the same year it recorded a net profit of ₹5.28 Lakh (net margin 3.1%) and EBITDA of ₹6.38 Lakh (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 155% over three years.
As per MCA filings, the LLP has open charges of ₹25 Lakh on record.
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- Registered AddressNo 21 2nd Floor Swaraj Building Mes Road Muthyalnagar Ring Road, Bangalore, Karnataka, India – 560054
- IndustryE-Commerce, Online Apparel Retail
- 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
- One PDF report, delivered after checkout
Financials of Design and Source LLP FY 2025 filings available
Design and Source LLP reported revenue of ₹1.68 Cr (down 59% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Design and Source LLP
Revenue fell 59% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 155%. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Design and Source LLP
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Income and Expenditure | ||||
| Turnover | ₹1.68 Cr | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹5.28 Lakh | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• |
| Assets and Liabilities | ||||
| Partners' Contribution | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Design and Source LLP
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| Net Profit Margin | 3.1% | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Design and Source are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Design and Source LLP
Design and Source has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anamika Verma Also directs: Tecinsta Mart India Private Limited, Inspired Source LLP | Designated Partner | 15 Apr 2021 | 5 Years 5 Months | Current |
| Ranjiv Kumar Verma | Designated Partner | 15 Apr 2021 | 5 Years 5 Months | Current |
Ownership and Shareholding of Design and Source LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Design and Source LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jun 2024 | Bank of Baroda | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Design and Source LLP
Employment history and EPFO contributions of people linked to Design and Source.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Design and Source LLP
Design and Source LLP has 2 designated partner changes on record since 2021: 2 appointments. The latest: Anamika Verma was appointed as Designated Partner on 15 Apr 2021.
Credit Ratings, Litigation & Regulatory Alerts for Design and Source LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Design and Source LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Design and Source LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Design and Source LLP
Design and Source has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AASFD4391H1ZV | Karnataka | Active | 10 Jun 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Design and Source LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Design and Source LLP
Design and Source is an active limited liability partnership based in Bangalore, Karnataka, India. The LLP works in online apparel retail, within the e-commerce industry. It was incorporated on 15 April 2021 (5+ years old) and is registered under LLPIN AAW-7237.
Design and Source reported revenue of ₹1.68 Cr for FY 2025 (down 59% YoY).
Design and Source has 2 current designated partners:
- Anamika Verma - Designated Partner
- Ranjiv Kumar Verma - Designated Partner
Design and Source reported a net profit of ₹5.28 Lakh (net margin 3.1%) and EBITDA of ₹6.38 Lakh (EBITDA margin 3.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Design and Source is 155% over three years. In the latest year (FY 2025) revenue fell 59%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Design and Source is 29AASFD4391H1ZV, registered in Karnataka.
The LLPIN (Limited Liability Partnership Identification Number) of Design and Source is AAW-7237. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Design and Source was incorporated on 15 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Anamika Verma was appointed as Designated Partner on 15 Apr 2021. Ranjiv Kumar Verma was appointed as Designated Partner on 15 Apr 2021.
The registered office of Design and Source is at No 21 2nd Floor Swaraj Building Mes Road Muthyalnagar Ring Road, Bangalore, Karnataka, India – 560054.