About Fifth Avenue Sourcing Private Limited
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Fifth Avenue Sourcing Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the supply chain outsourcing services segment of the business process outsourcing sector. It was incorporated on 26 March 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U18101TN2003PTC050585. Its GSTIN is 33AAACF8437D1ZX (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nirupama Sharma (Whole-Time Director) and Promodh Nagaraja Sharma (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 1451 Thiruvalluvar Nagar Mogapair, Chennai, Tamil Nadu, India – 600037.
As per the financials filed for FY 2020, the company reported a revenue of ₹24.42 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹2.15 Cr (net margin 8.8%) and EBITDA of ₹4.97 Cr (EBITDA margin 20.4%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 7% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹15 Cr on record. Court records list 8 cases involving the company, including 3 filed by the company and 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fifthavenueindia.com.
Company details
Contact details
Fifth Avenue Sourcing Private Limited's registered office is in Chennai, Tamil Nadu. Its website is fifthavenueindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 1451 Thiruvalluvar Nagar Mogapair, Chennai, Tamil Nadu, India – 600037
- IndustryBusiness Outsourcing, Supply Chain Outsourcing Services
To see the full contact details of Fifth Avenue Sourcing 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 Fifth Avenue Sourcing is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Fifth Avenue Sourcing Private Limited, buy the company report.
Financials of Fifth Avenue Sourcing Private Limited
FY 2024 filings availableFifth Avenue Sourcing Private Limited reported revenue of ₹24.42 Cr (down 1% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 4% in the latest year. 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹24.42 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹4.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.15 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.4% | ||||
| Net Profit Margin | 8.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Fifth Avenue Sourcing Private Limited, buy the company report.
Board of directors of Fifth Avenue Sourcing Private Limited
Fifth Avenue Sourcing has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirupama Sharma Also directs: Fifth Avenue Hotels & Resorts Private Limited | Whole-Time Director | 26 Mar 2003 | 23 Years 7 Months | Current |
| Promodh Nagaraja Sharma Also directs: Fifth Avenue Hotels & Resorts Private Limited | Whole-Time Director | 26 Mar 2003 | 23 Years 7 Months | Current |
Auditor
Fifth Avenue Sourcing Private Limited is audited by NATRAJ ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NATRAJ ASSOCIATES | FY 2019 | 002440S |
Shareholding
The shareholding of Fifth Avenue Sourcing Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Fifth Avenue Sourcing Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2012 | 10357364 | State Bank of India | ₹8 Cr | Satisfied | |
| 03 Sep 2011 | 10310195 | Kotak Mahindra Bank Limited | ₹7 Cr | Satisfied |
To see the full charge records of Fifth Avenue Sourcing Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Fifth Avenue Sourcing Private Limited has 8 court cases on record: 3 filed by Fifth Avenue Sourcing, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| High courts | 3 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, HASSAN, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, Krishnagiri, Tamil Nadu | Motor accident claim | Filed against the company by individuals | Disposed |
| Supreme Court | Court case (0433-Indirect Taxes Matters : Appeals u/s 35 L of Central Excise and Salt Act, 1944.) | Filed against the company by Commissioner Service Tax Chennai Anna Salai Mhu Complex Nandanam , District: Chennai ,Chennai , Tamil Nadu | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Commissioner of Service Tax | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against Commissioner of Service Tax | Disposed |
To see the full case history of Fifth Avenue Sourcing 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 Fifth Avenue Sourcing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fifth Avenue Sourcing Private Limited has a workforce of 1 employees on its EPFO records as of Mar 2022, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2021-22 | 1 |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Fifth Avenue Sourcing Private Limited, buy the company report.
GST
Fifth Avenue Sourcing has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACF8437D1ZX | Tamil Nadu | Active | 01 Jul 2017 |
| 29AAACF8437D1ZM | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fifth Avenue Sourcing Private Limited, buy the company report.
Recent activity
Fifth Avenue Sourcing Private Limited has 5 board changes on record since 2003: 2 appointments and 3 cessations. The latest: Bipinkumar Sathyanathan ceased to be Managing Director on 21 Aug 2020.
1 earlier event is in the company report.
Frequently asked questions
Fifth Avenue Sourcing is an active private limited company based in Chennai, Tamil Nadu, India. The company works in supply chain outsourcing services, within the business outsourcing industry. It was incorporated on 26 March 2003 (23+ years old) and is registered under CIN U18101TN2003PTC050585.
Fifth Avenue Sourcing has 2 current directors:
- Nirupama Sharma - Whole-Time Director
- Promodh Nagaraja Sharma - Whole-Time Director
The latest financial statements of Fifth Avenue Sourcing on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Fifth Avenue Sourcing is 33AAACF8437D1ZX, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAACF8437D1ZM (Karnataka).
The CIN (Corporate Identification Number) of Fifth Avenue Sourcing is U18101TN2003PTC050585. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fifth Avenue Sourcing has 8 court cases on record: 3 filed by the company and 5 filed against it. Most are in the district courts.
Fifth Avenue Sourcing was incorporated on 26 March 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chennai.
Bipinkumar Sathyanathan ceased to be Managing Director on 21 Aug 2020. Vinodh Nagaraja Sharma ceased to be Director on 21 Aug 2020. Balakrishnan Jayaraman ceased to be Director on 27 Mar 2019. Fifth Avenue Sourcing has 5 board changes on record in total.
Fifth Avenue Sourcing can be reached through the website fifthavenueindia.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Fifth Avenue Sourcing is at No 1451 Thiruvalluvar Nagar Mogapair, Chennai, Tamil Nadu, India – 600037.
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