MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0128886
Sourcingbee Retail Private Limited
Sourcingbee Retail Private Limited - e-commerce in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹133.93 Cr
▲ 6% YoY
Net profit · FY 2024
₹3.93 Lakh
Net margin 0%
EBITDA · FY 2024
₹62.08 Lakh
EBITDA margin 0.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹20 Lakh
Satisfied ₹2 Cr
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
About Sourcingbee Retail Private Limited
Data last updated:
Sourcingbee Retail 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 10 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52590KA2016PTC085988. Its GSTIN is 29AAWCS7485C1ZJ (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rakesh and Sandeep Kanojia.
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 ₹133.93 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹3.93 Lakh (net margin 0%) and EBITDA of ₹62.08 Lakh (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 16% over five years.
The company is associated with 1 brand: Sourcingbee. As per MCA filings, the company has open charges of ₹20 Lakh and satisfied charges of ₹2 Cr on record. The company has 2 deals on record (2 secondary share transfers); the latest was in June 2017. Its 4 peer companies in the Ecommerce and Internet industry (Grocery), with the same principal business activity (retail trading) are compared by revenue, 3 larger and 1 smaller; the largest is On Door Concepts Limited with revenue of ₹273.09 Cr.
Sourcingbee Retail Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0128886). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U52590KA2016PTC085988
Registration Number 085988
Incorporation Date 10 February 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0128886
Key People
Rakesh Director Sandeep Kanojia Director Recognitions & Rankings of Sourcingbee Retail
Contact details
Sourcingbee Retail Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#62 High Street 6th Floor 11th Main Jayanagar 4th Block Opp. To Vijaya Coll, Ege, Bangalore, Karnataka, India – 560011
- IndustryE-Commerce, Online Grocery Platforms
To see the full contact details of Sourcingbee Retail Private Limited, buy the company report.
Comprehensive company report
Sourcingbee Retail 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Sourcingbee Retail operates one associated brand: Sourcingbee. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides procurement and supply chain solutions to enhance business operations. | sourcingbee.net |
Business activity
The main business activity of Sourcingbee Retail is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Sourcingbee Retail Private Limited, buy the company report.
Financials of Sourcingbee Retail Private Limited
FY 2024 filings availableSourcingbee Retail Private Limited reported revenue of ₹133.93 Cr (up 6% YoY) for FY 2024.
Revenue · FY 2024
₹133.93 Cr ▲ 6%
Net profit · FY 2024
₹3.93 Lakh margin 0%
EBITDA · FY 2024
₹62.08 Lakh margin 0.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 16%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 82%
5 years · compounded
▲ 96%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 6% growth in the latest year. EBITDA fell 17% 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 |
|---|---|---|---|---|---|
| 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 | ₹62.08 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.93 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.5% | ||||
| Net Profit Margin | 0% | ||||
| 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 Sourcingbee Retail Private Limited, buy the company report.
Board of directors of Sourcingbee Retail Private Limited
Sourcingbee Retail has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh | Director | 02 Jun 2017 | 9 Years 5 Months | Current |
| Sandeep Kanojia | Director | 22 Oct 2016 | 10 Years 0 Months | Current |
Peer comparison
Sourcingbee Retail Private Limited is compared with the 4 companies closest to it by revenue in the Ecommerce and Internet industry (Grocery), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| On Door Concepts Limited | ₹273.09 Cr (FY 2025) | 17.0% | Bhopal, Madhya Pradesh, India | |||
| RK Bazar Private Limited | ₹149.61 Cr (FY 2025) | 19.0% | Dombivali, Maharashtra, India | |||
| Unorg Vendor Solutions Private Limited | ₹137.7 Cr (FY 2025) | 84.0% | Lucknow, Uttar Pradesh, India | |||
| Sourcingbee Retail Private Limitedthis company | ₹133.93 Cr (FY 2024) | ₹3.93 Lakh | 0% | 6.0% | Bangalore, Karnataka, India | |
| Fresh2day Private Limited | ₹76.83 Cr (FY 2024) | 60.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Sourcingbee Retail Private Limited, buy the company report.
Auditor
Sourcingbee Retail Private Limited is audited by A P N & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A P N & CO | FY 2023 | 013398S |
Shareholding
The shareholding of Sourcingbee Retail Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sourcingbee Retail Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20 Lakh
Satisfied charges
₹2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Feb 2021 | 100419919 | Axis Bank Limited | ₹20 Lakh | Open | |
| 29 Aug 2022 | 100606271 | Others | ₹2 Cr | Satisfied |
To see the full charge records of Sourcingbee Retail Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Sourcingbee Retail Private Limited has 2 deals on record (2 secondary share transfers); the latest was in June 2017.
Total deals
2
Secondary share transfers
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Sourcingbee Retail Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sourcingbee Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sourcingbee Retail has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAWCS7485C1ZJ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sourcingbee Retail Private Limited, buy the company report.
Recent activity
Sourcingbee Retail Private Limited has 6 board changes on record since 2016: 4 appointments and 2 cessations. The latest: Sunil Kumar Chhabra ceased to be Director on 06 Jun 2017.
AGM
Sourcingbee Retail Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 29 Aug 2022 via Charge ID 100606271 with Others was fully satisfied on 20 May 2024.
Filing
Sourcingbee Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100606271 was registered on 29 Aug 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 100419919 was registered on 04 Feb 2021.
Ceased
Sunil Kumar Chhabra ceased to be Director.
Appointed
Rakesh was appointed as Director.
Ceased
Allwyn Roshan Dsouza ceased to be Director.
Appointed
Sandeep Kanojia was appointed as Director.
Appointed
Allwyn Roshan Dsouza was appointed as Director.
Appointed
Sunil Kumar Chhabra was appointed as Director.
Incorporation
10 Feb 2016
Sourcingbee Retail Private Limited was registered on 10 Feb 2016 with Roc Bangalore & aged 10 years 9 months as per MCA records.
Frequently asked questions
Sourcingbee Retail 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 10 February 2016 (10+ years old) and is registered under CIN U52590KA2016PTC085988.
Sourcingbee Retail has 2 current directors:
- Rakesh - Director
- Sandeep Kanojia - Director
The latest financial statements of Sourcingbee Retail 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 FY 2016 are in the company report.
The GSTIN of Sourcingbee Retail is 29AAWCS7485C1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Sourcingbee Retail is U52590KA2016PTC085988. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sourcingbee Retail was incorporated on 10 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Sourcingbee Retail has 2 deals on record (2 secondary share transfers); the latest was in June 2017.
The peers of Sourcingbee Retail by revenue are On Door Concepts Limited, RK Bazar Private Limited, Unorg Vendor Solutions Private Limited, Fresh2day Private Limited, all in the Ecommerce and Internet industry (Grocery), with the same principal business activity (retail trading).
Sunil Kumar Chhabra ceased to be Director on 06 Jun 2017. Rakesh was appointed as Director on 02 Jun 2017. Allwyn Roshan Dsouza ceased to be Director on 26 Oct 2016. Sourcingbee Retail has 6 board changes on record in total.
Yes, Sourcingbee Retail is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0128886).
The registered office of Sourcingbee Retail is at #62 High Street 6th Floor 11th Main Jayanagar 4th Block Opp. To Vijaya Coll, Ege, Bangalore, Karnataka, India – 560011.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages