About Town Essentials Private Limited
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Town Essentials Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the online grocery platforms segment of the e-commerce sector. It was incorporated on 21 August 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52339KA2001PTC029426. Its GSTIN is 29AABCT4200D1ZU (Karnataka).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹12.18 Lakh. It is led by directors Amar Krishna Murthy (Managing Director) and Shrikant Jayawant Patil.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2020, the company reported a revenue of ₹34.67 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹2.07 Cr (net margin -6%) and EBITDA of -₹2.09 Cr (EBITDA margin -6%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 12% over five years.
The company has about 98 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Town Essentials. As per MCA filings, the company has open charges of ₹3 Cr on record. Court records list 15 cases involving the company, including 10 filed by the company and 5 filed against it. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹6.6 Cr; the latest was in December 2015.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website towness.co.in.
Company details
Contact details
Town Essentials Private Limited's registered office is in Bangalore, Karnataka. Its website is towness.co.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressBusiness Hut 133/2 4th Floor, Janardhan Towers Residency Road, Bangalore, Karnataka, India – 560025
- IndustryE-Commerce, Online Grocery Platforms
To see the full contact details of Town Essentials 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
Brands
Town Essentials operates one associated brand: Town Essentials. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Multi-category grocery supplies are provided via an online platform. | towness.co.in |
Financials of Town Essentials Private Limited
FY 2025 filings availableTown Essentials Private Limited reported revenue of ₹34.67 Cr (up 11% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 11% growth 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 | ₹34.67 Cr | ||||
| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.07 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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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 | -6% | ||||
| Net Profit Margin | -6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Town Essentials Private Limited, buy the company report.
Board of directors of Town Essentials Private Limited
Town Essentials has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shrikant Jayawant Patil Also directs: Agave Agro (India) Private Limited, Under the Mango Tree Naturals and Organics Private Limited, Indus Biotech Limited and 2 more | Director | 01 Sep 2005 | 21 Years 1 Months | Current |
| Amar Krishna Murthy | Managing Director | 21 Aug 2001 | 25 Years 2 Months | Current |
Auditor
Town Essentials Private Limited is audited by M V R AND CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M V R AND CO | FY 2020 | 005641S |
Shareholding
The shareholding of Town Essentials Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Town Essentials Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 May 2019 | 100273356 | Others | ₹1.5 Cr | Open | |
| 26 Oct 2016 | 100063873 | Others | ₹1.5 Cr | Open |
To see the full charge records of Town Essentials Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Town Essentials Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹6.6 Cr; the latest was in December 2015.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2015 | Funding round | ₹6.6 Cr | Investors: 4 individuals |
| Sep 2004 | Funding round | Undisclosed | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Town Essentials Private Limited has 15 court cases on record: 10 filed by Town Essentials, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 4 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Court case (STC/PC) | Filed against the company by Samunnati Financial Intermediation and Services Pvt. Ltd. | Disposed |
| High Court, KARNATAKA | Writ petition | Filed by the company against M/S Dailyninja Delivery Services Pvt Ltd and 6 others | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Dailyninja Delivery Services Pvt Ltd and 6 others | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by M/S Fine Products | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.Misc.) | Filed by the company against M/S Fine Products | Disposed |
To see the full case history of Town Essentials 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 Town Essentials Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Town Essentials Private Limited has a workforce of 98 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Town Essentials has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCT4200D1ZU | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Town Essentials Private Limited, buy the company report.
Recent activity
Town Essentials Private Limited has 2 board changes on record since 2001: 2 appointments. The latest: Shrikant Jayawant Patil was appointed as Director on 01 Sep 2005.
News
Frequently asked questions
Town Essentials is an active private limited company based in Bangalore, Karnataka, India. The company works in online grocery platforms, within the e-commerce industry. It was incorporated on 21 August 2001 (25+ years old) and is registered under CIN U52339KA2001PTC029426.
Town Essentials has 2 current directors:
- Amar Krishna Murthy - Managing Director
- Shrikant Jayawant Patil - Director
The latest financial statements of Town Essentials on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Town Essentials is 29AABCT4200D1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Town Essentials is U52339KA2001PTC029426. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Town Essentials has 15 court cases on record: 10 filed by the company and 5 filed against it. Most are in the district courts.
Town Essentials was incorporated on 21 August 2001, making it 25+ years old. It is registered with the Registrar of Companies, Bangalore.
Town Essentials has 2 deals on record (2 funding rounds), with disclosed funding of ₹6.6 Cr; the latest was in December 2015.
Shrikant Jayawant Patil was appointed as Director on 01 Sep 2005. Amar Krishna Murthy was appointed as Managing Director on 21 Aug 2001.
Town Essentials can be reached through the website towness.co.in. Its registered office is in Bangalore, Karnataka, India.