Tagetes Advisory Private Limited
About Tagetes Advisory Private Limited
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Tagetes Advisory Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 10 November 2020.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2020PTC349901. Its GSTIN is 27AAICT2267P1ZN (Maharashtra).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Caroline Ghosh and Soumen Ghosh.
Its last annual general meeting (AGM) was held on 08 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 1501 Lodha Aria Chs No. 6/207 T J Road Sewree Mumbai Urban, Maharashtra, India – 400015.
As per the financials filed for FY 2023, the company reported a revenue of ₹94.17 Lakh, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹3.28 Cr (net margin -348.4%) and EBITDA of ₹12.18 Cr.
Its group structure included 1 subsidiary.
As per MCA filings, the company had open charges of ₹25 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Contact details
Tagetes Advisory Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1501 Lodha Aria Chs No. 6/207 T J Road Sewree Mumbai Urban, Maharashtra, India – 400015
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Tagetes Advisory 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
Business activity
The main business activity of Tagetes Advisory is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Tagetes Advisory Private Limited, buy the company report.
Financials of Tagetes Advisory Private Limited
FY 2023 filings availableTagetes Advisory Private Limited reported revenue of ₹94.17 Lakh (down 17% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year. EBITDA fell 69% 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 | |||
| Other Income | |||
| Total Revenue | ₹94.17 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹12.18 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3.28 Cr | ||
| 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 | |||
| Net Profit Margin | -348.4% | ||
| 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 Tagetes Advisory Private Limited, buy the company report.
Board of directors of Tagetes Advisory Private Limited
Tagetes Advisory has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Caroline Ghosh Also directs: Soucar Holdings Private Limited, Tagetes Holdings Private Limited, Watsonia Advisory Services Private Limited and 3 more | Director | 10 Nov 2020 | 5 Years 11 Months | As last reported |
| Soumen Ghosh Also directs: Cosmea Investment Holdco Private Limited, Soucar Holdings Private Limited, Tagetes Holdings Private Limited and 5 more | Director | 10 Nov 2020 | 5 Years 11 Months | As last reported |
Auditor
Tagetes Advisory Private Limited is audited by Gupta Rustagi & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gupta Rustagi & Co. | FY 2023 | 128701W |
Shareholding
The shareholding of Tagetes Advisory 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 Tagetes Advisory Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Sep 2023 | 100790534 | Others | ₹25 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Tagetes Advisory Private Limited has 2 court cases on record: 2 filed by Tagetes Advisory. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Tagetes Advisory 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 Tagetes Advisory Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Tagetes Advisory has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Cosmea Financial Holdings Private Limited | U67190MH2020PTC350651 |
To see the full group structure of Tagetes Advisory Private Limited, buy the company report.
Employees & EPFO
Tagetes Advisory Private Limited has 1 active EPFO establishment as of Apr 03, 2024.
GST
Tagetes Advisory has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICT2267P1ZN | Maharashtra | Active | 20 Nov 2021 |
To see the full GST registrations and return filing status of Tagetes Advisory Private Limited, buy the company report.
Recent activity
Tagetes Advisory Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Suresh Thiruvananthapuram Viswanathan ceased to be Director on 25 Feb 2022.
Frequently asked questions
Tagetes Advisory has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Tagetes Advisory was a private limited company based in Mumbai, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 10 November 2020 and is registered under CIN U74999MH2020PTC349901. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Tagetes Advisory was incorporated on 10 November 2020. It is registered with the Registrar of Companies, Mumbai.
Tagetes Advisory had 2 directors:
- Caroline Ghosh - Director
- Soumen Ghosh - Director
The CIN (Corporate Identification Number) of Tagetes Advisory is U74999MH2020PTC349901. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Tagetes Advisory is at 1501 Lodha Aria Chs No. 6207 T J Road Sewree Mumbai Urban, Maharashtra, India – 400015.
The latest financial statements of Tagetes Advisory on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 08 September 2023. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Tagetes Advisory is 27AAICT2267P1ZN, registered in Maharashtra.
Tagetes Advisory operated in the financial services industry, in the diversified financial services segment.
Tagetes Advisory has 2 court cases on record: 2 filed by the company.
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