Teaktech Ventures Private Limited
About Teaktech Ventures Private Limited
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Teaktech Ventures Private Limited is a private limited company based in Noida, Uttar Pradesh, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 27 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U36999UP2021PTC145627.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Devender Singh Atwal and Avneesh Shrotria.
Its last annual general meeting (AGM) was held on 27 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at F – 342 Sector – 63, Noida, Uttar Pradesh, India – 201307.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.91 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹5.69 Lakh (net margin -145.3%) and EBITDA of -₹4.86 Lakh (EBITDA margin -124.1%).
Company details
Contact details
Teaktech Ventures Private Limited's registered office is in Noida, Uttar Pradesh.
- Registered AddressF – 342 Sector – 63, Noida, Uttar Pradesh, India – 201307
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
- 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 Teaktech Ventures is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Teaktech Ventures Private Limited, buy the company report.
Financials of Teaktech Ventures Private Limited
FY 2023 filings availableTeaktech Ventures Private Limited reported revenue of ₹3.91 Lakh (down 47% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 47% in the latest year. EBITDA rose 41% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
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| EBITDA | -₹4.86 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹5.69 Lakh | |
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -124.1% | |
| Net Profit Margin | -145.3% | |
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To see the full financial statements and ratios of Teaktech Ventures Private Limited, buy the company report.
Board of directors of Teaktech Ventures Private Limited
Teaktech Ventures has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devender Singh Atwal | Director | 27 Apr 2021 | 5 Years 5 Months | Current |
| Avneesh Shrotria | Director | 27 Apr 2021 | 5 Years 5 Months | Current |
Peer comparison
Teaktech Ventures Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zeni Furniture Private Limited | ₹3.95 Lakh (FY 2024) | Mankuva, Gujarat, India | ||||
| Hanumant Atelier Private Limited | ₹3.94 Lakh (FY 2024) | -60.0% | Dehradun, Uttarakhand, India | |||
| Dzar Furniture and Decor Private Limited | ₹3.94 Lakh (FY 2023) | 699.0% | Lucknow, Uttar Pradesh, India | |||
| Teaktech Ventures Private Limitedthis company | ₹3.91 Lakh (FY 2023) | -₹5.69 Lakh | -145.3% | -47.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Teaktech Ventures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Teaktech Ventures 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 Teaktech Ventures Private 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 Teaktech Ventures Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Teaktech Ventures Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Avneesh Shrotria was appointed as Director on 27 Apr 2021.
Frequently asked questions
Teaktech Ventures is an active private limited company based in Noida, Uttar Pradesh, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 27 April 2021 (5+ years old) and is registered under CIN U36999UP2021PTC145627.
Teaktech Ventures has 2 current directors:
- Devender Singh Atwal - Director
- Avneesh Shrotria - Director
The latest financial statements of Teaktech Ventures on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 27 September 2023. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Teaktech Ventures is U36999UP2021PTC145627. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Teaktech Ventures was incorporated on 27 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Teaktech Ventures by revenue are Zeni Furniture Private Limited, Hanumant Atelier Private Limited, Dzar Furniture and Decor Private Limited, all in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Avneesh Shrotria was appointed as Director on 27 Apr 2021. Devender Singh Atwal was appointed as Director on 27 Apr 2021.
The registered office of Teaktech Ventures is at F – 342 Sector – 63, Noida, Uttar Pradesh, India – 201307.
Teaktech Ventures operates in the consumer electronics and durables industry, in the furniture manufacturing segment.
Teaktech Ventures can be reached at its registered office: F – 342 Sector – 63, Noida, Uttar Pradesh, India – 201307.
Teaktech Ventures is registered under the jurisdiction of the Registrar of Companies (ROC), Kanpur.