Serendip Sourcing Private Limited

Serendip Sourcing Private Limited - home & lifestyle in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U17299TZ2020PTC034354 Incorporated 19 August 2020 ROC Coimbatore HQ Coimbatore, Tamil Nadu, India
Active Private Limited Company home and lifestyle MSME · Small
Data last updated
Revenue · FY 2024
₹17.37 Cr
▲ 51% YoY
Net profit · FY 2024
₹48.02 Lakh
Net margin 2.8%
EBITDA · FY 2024
₹1.72 Cr
EBITDA margin 9.9%
Authorised capital
₹32 Lakh
Registered with MCA
Paid-up capital
₹32 Lakh
Issued & subscribed
Open charges
₹1.5 Cr
Satisfied ₹1.5 Cr
Company age
6 yrs
Est. 2020
Employees · EPFO
156
Provident fund records

About Serendip Sourcing Private Limited

Data last updated:

Serendip Sourcing Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 19 August 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17299TZ2020PTC034354. Its GSTIN is 33ABECS2173E2ZM (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹32 Lakh and a paid-up capital of ₹32 Lakh. It is led by directors including Ataiyanpathy Pachiappan Thumelan and Pachayappan Nanjappa Gounder.

Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1/219 Muthugoundenpudur Road Neelambur East Street Neelambur Po Civil Aerodrome, Coimbatore, Tamil Nadu, India – 641062.

As per the financials filed for FY 2024, the company reported a revenue of ₹17.37 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹48.02 Lakh (net margin 2.8%) and EBITDA of ₹1.72 Cr (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 107% over three years.

The company has about 156 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹1.5 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 9 cases involving the company, including 9 filed against it; 8 cases are pending.

Serendip Sourcing Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0011466). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17299TZ2020PTC034354
Registration Number 034354
Incorporation Date 19 August 2020
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 20 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-03-0011466

Recognitions & Rankings of Serendip Sourcing

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-03-0011466

Contact details

Serendip Sourcing Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    1/219 Muthugoundenpudur Road Neelambur East Street Neelambur Po Civil Aerodrome, Coimbatore, Tamil Nadu, India – 641062
  • Industry
    Home & Lifestyle, Textile Retail & Distribution

To see the full contact details of Serendip Sourcing Private Limited, buy the company report.

Comprehensive company report
Serendip 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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Business activity

The main business activity of Serendip Sourcing is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Serendip Sourcing Private Limited, buy the company report.

Financials of Serendip Sourcing Private Limited

FY 2025 filings available

Serendip Sourcing Private Limited reported revenue of ₹17.37 Cr (up 51% YoY) for FY 2024.

Revenue · FY 2024
₹17.37 Cr ▲ 51%
Net profit · FY 2024
₹48.02 Lakh margin 2.8%
EBITDA · FY 2024
₹1.72 Cr margin 9.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 51%
3 years · compounded
▲ 107%
EBITDA CAGR growth
3 years · compounded
▲ 402%

Revenue has grown at a compounded annual rate (CAGR) of 107% over three years, including 51% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.72 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹48.02 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin9.9%
Net Profit Margin2.8%
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 Serendip Sourcing Private Limited, buy the company report.

Board of directors of Serendip Sourcing Private Limited

Serendip Sourcing has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ataiyanpathy Pachiappan ThumelanDirector31 Jan 20242 Years 8 MonthsCurrent
Pachayappan Nanjappa GounderDirector19 Aug 20206 Years 2 MonthsCurrent
Veluchamy ViswarajDirector31 Jul 20251 Years 2 MonthsCurrent

Peer comparison

Serendip 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Bharuka Textiles House Private Limited₹17.4 Cr (FY 2020)-6.0%Kolkata, West Bengal, India
Homemonde Lifestyle Private Limited₹17.38 Cr (FY 2024)167.0%Jaipur, Rajasthan, India
Chandan Ginning and Pressing Factory Private Limited₹17.38 Cr (FY 2025)-25.0%Junagadh, Gujarat, India
Allol Creation Private Limited₹17.37 Cr (FY 2025)71.0%Surat, Gujarat, India
Narendra Spinning Mills Private Limited₹17.37 Cr (FY 2025)44.0%Uttar Pradesh, India
Serendip Sourcing Private Limitedthis company₹17.37 Cr (FY 2024)₹48.02 Lakh2.8%51.0%156Coimbatore, Tamil Nadu, India
Kariwala Synthetic Private Limited₹17.32 Cr (FY 2025)45.0%Uttar Pradesh, India
Fine Nonwovens India Private Limited₹17.3 Cr (FY 2025)-13.0%Hyderabad, Telangana, India

To see the full peer comparison of Serendip Sourcing Private Limited, buy the company report.

Auditor

Serendip Sourcing Private Limited is audited by CA DINESH KUMAR for the financial year 2023.

Auditor firmFinancial yearFirm registration number
CA DINESH KUMARFY 2023253219

Shareholding

The shareholding of Serendip 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 categoryFY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Serendip Sourcing Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.5 Cr
Satisfied charges
₹1.5 Cr
Breakdown by lending institutions
Indian Bank₹1.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Jan 2021100418040Indian Bank₹1.5 CrSatisfied

To see the full charge records of Serendip Sourcing Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Serendip Sourcing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Serendip Sourcing Private Limited has a workforce of 156 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.

Employee count
156
Active EPFO establishments
1
Employee growth
168.97%

GST

Serendip Sourcing has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
33ABECS2173E2ZMTamil NaduActive07 Oct 2020

To see the full GST registrations and return filing status of Serendip Sourcing Private Limited, buy the company report.

Recent activity

Serendip Sourcing Private Limited has 7 board changes on record since 2020: 3 appointments and 4 cessations. The latest: Veluchamy Viswaraj was appointed as Director on 31 Jul 2025.

AGM
Serendip Sourcing Private Limited last Annual general meeting of members was held on 20 Sep 2025 as per latest MCA records.
Appointed
Veluchamy Viswaraj was appointed as Director.
Filing
Serendip Sourcing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Ceased
Pachayappan Nanjappa Gounder ceased to be Director.
Ceased
Ataiyanpathy Pachiappan Thumelan ceased to be Additional Director.
Ceased
Keerthi ceased to be Additional Director.
Charges
A charge registered on 29 Jan 2021 via Charge ID 100418040 with Indian Bank was fully satisfied on 25 Sep 2024.
Appointed
Ataiyanpathy Pachiappan Thumelan was appointed as Director.
Ceased
Gokulkrubashanker Ramasamy ceased to be Director.
Charges
A charge with Indian Bank of Rs. 150.00 Lakh registered on 29 Jan 2021 with Charge ID 100418040 was modified on 28 Mar 2023.
Charges
A charge with Indian Bank amounted to Rs. 150.00 Lakh with Charge ID 100418040 was registered on 29 Jan 2021.
Appointed
Pachayappan Nanjappa Gounder was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Serendip Sourcing is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 19 August 2020 (6+ years old) and is registered under CIN U17299TZ2020PTC034354.

Serendip Sourcing has 3 current directors:

The latest financial statements of Serendip Sourcing on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from FY 2021 are in the company report.

The GSTIN of Serendip Sourcing is 33ABECS2173E2ZM, registered in Tamil Nadu. 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 Serendip Sourcing is U17299TZ2020PTC034354. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Serendip Sourcing has 9 court cases on record: 9 filed against it. 8 are pending.

Serendip Sourcing was incorporated on 19 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Coimbatore.

The peers of Serendip Sourcing by revenue are Bharuka Textiles House Private Limited, Homemonde Lifestyle Private Limited, Chandan Ginning and Pressing Factory Private Limited, Allol Creation Private Limited, Narendra Spinning Mills Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Veluchamy Viswaraj was appointed as Director on 31 Jul 2025. Pachayappan Nanjappa Gounder ceased to be Director on 15 Oct 2024. Ataiyanpathy Pachiappan Thumelan ceased to be Additional Director on 29 Sep 2024. Serendip Sourcing has 7 board changes on record in total.

Yes, Serendip Sourcing is registered as a small enterprise under Udyam registration (number: UDYAM-TN-03-0011466).

The registered office of Serendip Sourcing is at 1219 Muthugoundenpudur Road Neelambur East Street Neelambur Po Civil Aerodrome, Coimbatore, Tamil Nadu, India – 641062.