About Rewards Sourcing Private Limited
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Rewards Sourcing Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the technical services segment of the professional services sector. It was incorporated on 11 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52100KA2012PTC067157. Its GSTIN is 29AALCA2141A1Z5 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.98 Lakh. It is led by directors including Pinky and Sharvani Sachidanand.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.57 Cr, a decline of 55% compared to the previous year. For the same year it recorded a net profit of ₹23.96 Lakh (net margin 3.6%) and EBITDA of ₹1.28 Cr (EBITDA margin 19.5%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 31% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Annectos. As per MCA filings, the company has open charges of ₹8.49 Cr and satisfied charges of ₹3.45 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website annectosworld.com.
Company details
Contact details
Rewards Sourcing Private Limited's registered office is in Bangalore, Karnataka. Its website is annectosworld.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 18 Sns Plaza First Floor, Kumara Krupa Road, Bangalore, Karnataka, India – 560001
- IndustryProfessional Services, Technical, Personal, Scientific
To see the full contact details of Rewards 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
Brands
Rewards Sourcing operates one associated brand: Annectos. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A loyalty platform providing rewards and incentives for channel partners. | annectosworld.com |
Business activity
The main business activities of Rewards Sourcing are trade and professional, scientific and technical. In detail, this covers retail trading and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Rewards Sourcing Private Limited, buy the company report.
Financials of Rewards Sourcing Private Limited
FY 2024 filings availableRewards Sourcing Private Limited reported revenue of ₹6.57 Cr (down 55% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 55% fall in the latest year. EBITDA fell 21% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.28 Cr | ||||
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| Net Profit (PAT) | ₹23.96 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 19.5% | ||||
| Net Profit Margin | 3.6% | ||||
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To see the full financial statements and ratios of Rewards Sourcing Private Limited, buy the company report.
Board of directors of Rewards Sourcing Private Limited
Rewards Sourcing has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pinky Also directs: Kalpataruh Infra Private Limited | Director | 29 Mar 2017 | 9 Years 7 Months | Current |
| Sharvani Sachidanand | Director | 03 Mar 2014 | 12 Years 8 Months | Current |
| Anjana | Additional Director | 21 May 2025 | 1 Years 5 Months | Current |
Auditor
Rewards Sourcing Private Limited is audited by THOTA PRASAD for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THOTA PRASAD | FY 2023 | 222244 |
Shareholding
The shareholding of Rewards Sourcing Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rewards Sourcing Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Feb 2020 | 100336848 | Canara Bank | ₹8.49 Cr | Open | |
| 23 Dec 2016 | 100072634 | Axis Bank Limited | ₹2.5 Cr | Satisfied | |
| 25 Jun 2015 | 10580991 | Syndicate Bank | ₹95 Lakh | Satisfied |
To see the full charge records of Rewards Sourcing Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Rewards Sourcing Private Limited has 4 court cases on record: 1 filed by Rewards Sourcing, 3 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed against the company by Canara Bank | Pending |
| District court, BENGALURU RURAL, Karnataka | Criminal miscellaneous application | Filed against the company by Canara Bank | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Canara Bank | Disposed |
| District court, Kolhapur, Maharashtra | Civil suit | Filed against the company by RBL Bank Ltd | Disposed |
To see the full case history of Rewards 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 Rewards Sourcing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rewards Sourcing Private Limited has a workforce of 7 employees on its EPFO records as of Mar 2023, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2022-23 | 7 |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Rewards Sourcing Private Limited, buy the company report.
GST
Rewards Sourcing has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCA2141A1Z5 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rewards Sourcing Private Limited, buy the company report.
Recent activity
Rewards Sourcing Private Limited has 10 board changes on record since 2013: 3 appointments and 7 cessations. The latest: Anjana was appointed as Additional Director on 21 May 2025.
7 earlier events are in the company report.
Frequently asked questions
Rewards Sourcing is an active private limited company based in Bangalore, Karnataka, India. The company works in technical, within the professional services industry. It was incorporated on 11 December 2012 (14+ years old) and is registered under CIN U52100KA2012PTC067157.
Rewards Sourcing has 3 current directors:
- Pinky - Director
- Sharvani Sachidanand - Director
- Anjana - Additional Director
The latest financial statements of Rewards 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 Rewards Sourcing is 29AALCA2141A1Z5, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Rewards Sourcing is U52100KA2012PTC067157. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rewards Sourcing has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Rewards Sourcing was incorporated on 11 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Anjana was appointed as Additional Director on 21 May 2025. Lalit Jain ceased to be Director on 29 Mar 2019. Mandyam Devashikamani Ramanujam ceased to be Director on 01 Apr 2017. Rewards Sourcing has 10 board changes on record in total.
Rewards Sourcing can be reached through the website annectosworld.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Rewards Sourcing is at No 18 Sns Plaza First Floor, Kumara Krupa Road, Bangalore, Karnataka, India – 560001.
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