About Team Concepts Private Limited
Data last updated:
Team Concepts Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Varroc Polymers Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the auto parts and components segment of the automotive sector. It was incorporated on 23 February 2000.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U32201KA2000PTC026437. Its GSTIN is 29AABCT1505H1ZK (Karnataka). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹99 Lakh and a paid-up capital of ₹30.6 Lakh. It was led by directors Dharapuram Srinivasan Sethumadhavan and Tharuvai Ramasubramanian Srinivasan.
Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at No.1A/07 2 Ndfloor Eastendmainroad 4 Thtblock Jayanagar, Bangalore, Karnataka, India – 560041.
As per the financials filed for FY 2021, the company reported a revenue of ₹17.86 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹3.11 Cr (net margin 17.4%) and EBITDA of ₹5.14 Cr (EBITDA margin 28.8%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 6% over five years.
The company was associated with 1 brand: Hiker. As per MCA filings, the company had satisfied charges of ₹5.5 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹28 Lakh; the latest was in September 2019.
The last known website on record is hikerindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.1A/07 2 Ndfloor Eastendmainroad 4 Thtblock Jayanagar, Bangalore, Karnataka, India – 560041
- IndustryAutomotive, Auto Parts & Components
- 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
- One PDF report, delivered after checkout
Business Activity of Team Concepts Private Limited
The main business activity of Team Concepts is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Team Concepts Private Limited FY 2021 filings available
Team Concepts Private Limited reported revenue of ₹17.86 Cr (down 31% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Team Concepts Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 31% fall in the latest year. EBITDA fell 45% 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 of Team Concepts Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹17.86 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.14 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.11 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 of Team Concepts Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 17.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Team Concepts are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Team Concepts Private Limited
Team Concepts Private Limited is audited by S R B C & CO LLP for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R B C & CO LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Team Concepts Private Limited
Team Concepts has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharapuram Srinivasan Sethumadhavan Also directs: Pricol Precision Products Private Limited | Director | 29 Apr 2020 | 6 Years 5 Months | As last reported |
| Tharuvai Ramasubramanian Srinivasan Also directs: MFC Auto Parts Private Limited, Marketparts India Private Limited, Mytvs Parts Mart Private Limited and 5 more | Director | 29 Nov 2017 | 8 Years 10 Months | As last reported |
Ownership and Shareholding of Team Concepts Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Team Concepts Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jun 2012 | Icici Bank Limited | ₹5.74 Lakh | Satisfied |
| 12 Mar 2012 | Axis Bank Limited | ₹20.86 Lakh | Satisfied |
| 18 Nov 2010 | Canara Bank | ₹6 Lakh | Satisfied |
| 19 Mar 2008 | Canara Bank | ₹1.5 Cr | Satisfied |
| 24 Jul 2007 | Canara Bank | ₹2.83 Lakh | Satisfied |
Total charge records: 7 View all charges
Deals & Funding of Team Concepts Private Limited
Team Concepts Private Limited has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹28 Lakh; the latest was in September 2019.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: Varroc Polymers Limited Seller: 2 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Varroc Polymers Limited Seller: 2 individuals |
| Nov 2017 | Secondary share transfer | Undisclosed | Buyer: Varroc Polymers Private Limited & Tarang Jain, Varroc Polymers Limited Seller: 2 individuals |
| Apr 2017 | Secondary share transfer | Undisclosed | Seller: 2 individuals |
| Nov 2010 | Funding round | ₹10 Lakh | Investors: 2 individuals |
Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Team Concepts Private Limited
Team Concepts Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Team Concepts Private Limited
Team Concepts operates one associated brand: Hiker. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Multiple automotive aftermarket accessories are manufactured by Hiker in India. | hikerindia.com |
Employees and EPFO Compliance at Team Concepts Private Limited
Employment history and EPFO contributions of people linked to Team Concepts.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Team Concepts Private Limited
Recent Activity on Team Concepts Private Limited
Team Concepts Private Limited has 9 board changes on record since 2008: 2 appointments and 7 cessations. The latest: Dharapuram Srinivasan Sethumadhavan ceased to be Additional Director on 13 Aug 2020.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Team Concepts Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Team Concepts Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Team Concepts Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Team Concepts Private Limited
Team Concepts has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCT1505H1ZK | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Team Concepts Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Team Concepts Private Limited
Team Concepts 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.
Team Concepts was a private limited company based in Bangalore, Karnataka, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 23 February 2000 and is registered under CIN U32201KA2000PTC026437. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Team Concepts was incorporated on 23 February 2000. It is registered with the Registrar of Companies, Bangalore.
Team Concepts had 2 directors:
- Dharapuram Srinivasan Sethumadhavan - Director
- Tharuvai Ramasubramanian Srinivasan - Director
The CIN (Corporate Identification Number) of Team Concepts is U32201KA2000PTC026437. 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 Team Concepts is at No.1A07 2 Ndfloor Eastendmainroad 4 Thtblock Jayanagar, Bangalore, Karnataka, India – 560041.
Team Concepts can be reached through the website hikerindia.com. Its registered office is in Bangalore, Karnataka, India.
Team Concepts reported revenue of ₹17.86 Cr for FY 2021 (down 31% YoY).
Team Concepts has an authorised share capital of ₹99 Lakh and a paid-up capital of ₹30.6 Lakh.
Team Concepts reported a net profit of ₹3.11 Cr (net margin 17.4%) and EBITDA of ₹5.14 Cr (EBITDA margin 28.8%) for FY 2021, as per its filed financial statements.