Tassel Trading Limited
About Tassel Trading Limited
Data last updated:
Tassel Trading Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the agricultural products distribution segment of the agriculture sector. It was incorporated on 14 June 1995.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1995PLC089547.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Tassel Trading Company Limited.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹68.53 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹27.65 Lakh (net margin 40.3%) and EBITDA of ₹44.91 Lakh (EBITDA margin 65.5%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 24% over five years.
Company details
CIN history
Tassel Trading has one previous CIN (Corporate Identification Number): U51900MH1995PTC089547. The current CIN is U51900MH1995PLC089547, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900MH1995PLC089547 | Current |
| U51900MH1995PTC089547 | Previous |
Contact details
Tassel Trading Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No 284 Wing – B Avalon Kalpataru Crest Subhas Nagar Lbs Marg Shangrila Biscuit Factor, Y Bhandup, Mumbai, Maharashtra, India – 400078
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Tassel Trading 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 Tassel Trading is agriculture, forestry, fishing. In detail, this covers production of crops and animals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A1 | Production of crops and animals |
To see the full business activity and turnover split of Tassel Trading Limited, buy the company report.
Financials of Tassel Trading Limited
FY 2019 filings availableTassel Trading Limited reported revenue of ₹68.53 Lakh (up 1% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 1% growth in the latest year. EBITDA fell 33% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | ₹44.91 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹27.65 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 65.5% | ||||
| Net Profit Margin | 40.3% | ||||
| 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 Tassel Trading Limited, buy the company report.
Board of directors of Tassel Trading Limited
Tassel Trading has 5 former directors on record and no current directors listed.
Auditor
Tassel Trading Limited is audited by A V GANDHI & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A V GANDHI & CO. | FY 2017 | 141344W |
Shareholding
The shareholding of Tassel Trading Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Tassel Trading Limited, buy the company report.
Legal cases
No court or tribunal cases involving Tassel Trading 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 Tassel Trading Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Tassel Trading Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Tassel Trading Limited has 5 board changes on record since 2008: 0 appointments and 5 cessations. The latest: Prem Kumar Kapoor ceased to be Director on 15 Jan 2020.
Frequently asked questions
Tassel Trading has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Tassel Trading was a public limited company based in Mumbai, Maharashtra, India. The company worked in agro retail and distribution, within the agriculture industry. It was incorporated on 14 June 1995 and is registered under CIN U51900MH1995PLC089547. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Tassel Trading is U51900MH1995PLC089547. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tassel Trading was incorporated on 14 June 1995. It is registered with the Registrar of Companies, Mumbai.
The registered office of Tassel Trading is at Flat No 284 Wing – B Avalon Kalpataru Crest Subhas Nagar Lbs Marg Shangrila Biscuit Factor, Y Bhandup, Mumbai, Maharashtra, India – 400078.
The latest financial statements of Tassel Trading on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
Tassel Trading operated in the agriculture industry, in the agro retail and distribution segment.
Prem Kumar Kapoor ceased to be Director on 15 Jan 2020. Veena Tandon Kumari ceased to be Director on 15 Jan 2020. Bhupendra Vamandas Shah ceased to be Director on 15 Mar 2016. Tassel Trading has 5 board changes on record in total.
The compliance status of Tassel Trading is compliant as of 30 September 2026.
Yes. Tassel Trading was formerly known as Tassel Trading Company Limited.