MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-KR-03-0018895
Lycaste Textile Sourcing Private Limited
Lycaste Textile Sourcing Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹1.26 Cr
▲ 101% YoY
Net profit · FY 2023
₹4.73 Lakh
Net margin 3.8%
EBITDA · FY 2023
₹13.61 Lakh
EBITDA margin 10.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹40 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
About Lycaste Textile Sourcing Private Limited
Data last updated:
Lycaste Textile Sourcing Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 15 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2020PTC138620. Its GSTIN is 29AAECL3436C1ZP (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 Verriboyani Surendran and Basavaraj Santosh Kumar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.26 Cr, a growth of 101% compared to the previous year. For the same year it recorded a net profit of ₹4.73 Lakh (net margin 3.8%) and EBITDA of ₹13.61 Lakh (EBITDA margin 10.8%).
As per MCA filings, the company has open charges of ₹40 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
Lycaste Textile Sourcing Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0018895).
Company details
CIN U74999KA2020PTC138620
Registration Number 138620
Incorporation Date 15 September 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0018895
Key People
Verriboyani Surendran Director Basavaraj Santosh Kumar Director Prabhavathi Veriboina Director Recognitions & Rankings of Lycaste Textile Sourcing
Contact details
Lycaste Textile Sourcing Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.57/6 Dinnepalya, Hommadevanahalli Village B G Road, Bangalore, Karnataka, India – 560083
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Lycaste Textile Sourcing Private Limited, buy the company report.
Comprehensive company report
Lycaste Textile Sourcing Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Lycaste Textile Sourcing is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Lycaste Textile Sourcing Private Limited, buy the company report.
Financials of Lycaste Textile Sourcing Private Limited
FY 2023 filings availableLycaste Textile Sourcing Private Limited reported revenue of ₹1.26 Cr (up 101% YoY) for FY 2023.
Revenue · FY 2023
₹1.26 Cr ▲ 101%
Net profit · FY 2023
₹4.73 Lakh margin 3.8%
EBITDA · FY 2023
₹13.61 Lakh margin 10.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 101%
EBITDA CAGR growth
1 year
▲ 81%
Revenue rose 101% in the latest year. EBITDA rose 81% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1.26 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹13.61 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹4.73 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 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 10.8% | ||
| Net Profit Margin | 3.8% | ||
| 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 Lycaste Textile Sourcing Private Limited, buy the company report.
Board of directors of Lycaste Textile Sourcing Private Limited
Lycaste Textile Sourcing has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Verriboyani Surendran | Director | 18 Oct 2022 | 4 Years 0 Months | Current |
| Basavaraj Santosh Kumar | Director | 09 Mar 2024 | 2 Years 7 Months | Current |
| Prabhavathi Veriboina | Director | 15 Sep 2020 | 6 Years 1 Months | Current |
Peer comparison
Lycaste Textile Sourcing Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Orbit Textile Engineers Private Limited | ₹1.27 Cr (FY 2024) | -19.0% | Coimbatore, Tamil Nadu, India | |||
| Thanikudam Bagawati Mills Ltd | ₹1.27 Cr (FY 2025) | -8.0% | Thrissur, Kerala, India | |||
| Bhagyam Exports Private Limited | ₹1.26 Cr (FY 2025) | -33.0% | Chennai, Tamil Nadu, India | |||
| Lakade Spinners Private Limited | ₹1.26 Cr (FY 2021) | -57.0% | Sangli, Maharashtra, India | |||
| Lycaste Textile Sourcing Private Limitedthis company | ₹1.26 Cr (FY 2023) | ₹4.73 Lakh | 3.8% | 101.0% | Bangalore, Karnataka, India | |
| Yetharup Global Private Limited | ₹1.26 Cr (FY 2025) | -30.0% | Noida, Uttar Pradesh, India | |||
| Keshavpriya Creations Private Limited | ₹1.26 Cr (FY 2025) | -14.0% | Mumbai, Maharashtra, India | |||
| Trilokpati Cotex Private Limited | ₹1.26 Cr (FY 2025) | -35.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Lycaste Textile Sourcing Private Limited, buy the company report.
Auditor
Lycaste Textile Sourcing Private Limited is audited by RENUKAPATHI AND CO CHARTERED ACCOUNTANTS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RENUKAPATHI AND CO CHARTERED ACCOUNTANTS | FY 2023 | 240349 |
Shareholding
The shareholding of Lycaste Textile Sourcing Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Lycaste Textile Sourcing Private Limited, buy the company report.
Charges & borrowings
Open charges
₹40 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 May 2025 | 101089306 | Others | ₹40 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Lycaste Textile Sourcing Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Total cases
2
Filed against the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Lycaste Textile 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 Lycaste Textile Sourcing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lycaste Textile Sourcing Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
Active EPFO establishments
1
GST
Lycaste Textile Sourcing has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECL3436C1ZP | Karnataka | Active | 23 Sep 2020 |
To see the full GST registrations and return filing status of Lycaste Textile Sourcing Private Limited, buy the company report.
Recent activity
Lycaste Textile Sourcing Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Basavaraj Santosh Kumar was appointed as Director on 09 Mar 2024.
Charges
A charge with Others amounted to Rs. 40.00 Lakh with Charge ID 101089306 was registered on 05 May 2025.
Appointed
Basavaraj Santosh Kumar was appointed as Director.
AGM
Lycaste Textile Sourcing Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Lycaste Textile Sourcing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Appointed
Verriboyani Surendran was appointed as Director.
Appointed
Prabhavathi Veriboina was appointed as Director.
Incorporation
15 Sep 2020
Lycaste Textile Sourcing Private Limited was registered on 15 Sep 2020 with Roc Bangalore & aged 6 years 1 month as per MCA records.
Frequently asked questions
Lycaste Textile Sourcing is an active private limited company based in Bangalore, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 15 September 2020 (6+ years old) and is registered under CIN U74999KA2020PTC138620.
Lycaste Textile Sourcing has 3 current directors:
- Verriboyani Surendran - Director
- Basavaraj Santosh Kumar - Director
- Prabhavathi Veriboina - Director
The latest financial statements of Lycaste Textile Sourcing on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Lycaste Textile Sourcing is 29AAECL3436C1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Lycaste Textile Sourcing is U74999KA2020PTC138620. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lycaste Textile Sourcing has 2 court cases on record: 2 filed against it. 2 are pending.
Lycaste Textile Sourcing was incorporated on 15 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Lycaste Textile Sourcing by revenue are Orbit Textile Engineers Private Limited, Thanikudam Bagawati Mills Ltd, Bhagyam Exports Private Limited, Lakade Spinners Private Limited, Yetharup Global Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Basavaraj Santosh Kumar was appointed as Director on 09 Mar 2024. Verriboyani Surendran was appointed as Director on 18 Oct 2022. Prabhavathi Veriboina was appointed as Director on 15 Sep 2020.
Yes, Lycaste Textile Sourcing is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0018895).
The registered office of Lycaste Textile Sourcing is at No.576 Dinnepalya, Hommadevanahalli Village B G Road, Bangalore, Karnataka, India – 560083.