About Team Concepts Private Limited
Data last updated: 25 July 2025
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 specialised in auto parts and components, a part of the broader automotive sector. Incorporated on 23 February 2000.
Registered with ROC Bangalore under CIN U32201KA2000PTC026437.
Capital: 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.
Last AGM: 30 September 2021. Financial statements filed for year ended 31 March 2021. Office: No.1A/07 2Ndfloor Eastendmainroad 4Thtblock 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.
It operated as a subsidiary of Varroc Polymers Private Limited.
The company was associated with 1 brand - Hiker. As per MCA filings, the company had satisfied charges of ₹5.5 Cr on record.
The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is hikerindia.com.
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Registered AddressNo.1A/07 2Ndfloor Eastendmainroad 4Thtblock Jayanagar, Bangalore, Karnataka, India – 560041
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IndustryAutomotive, Auto Parts & Components
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Team Concepts Private Limited
Team Concepts Private Limited operates one associated brand: Hiker. These brands represent Team Concepts Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Multiple automotive aftermarket accessories are manufactured by Hiker in India. | hikerindia.com |
Competitors & Alternatives of Team Concepts Private Limited
Brands and companies operating in the same space as Team Concepts Private Limited include Speed-A-Way, Akar Tools, Kwik Patch and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Speed-A-Way
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Produces high-quality aftermarket automotive lubricants, bearings, and accessories. | Chennai, India, India | 1938 |
Akar Tools
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Manufactures hand tools | Mumbai, India, India | 1989 |
Kwik Patch
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Produces tire repair kits, industrial gloves, and heavy textiles for various industries. | Chennai, India, India | 1987 |
Sumaxindia
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Manufactures and supplies automotive OEM and auto refinish products globally. | Secunderabad, India, India | 1994 |
Ameya Finishing Solutions
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Provides CED coating for automotive parts with automated facilities in Pune. | Pune, India, India | 2014 |
CEV Engineering
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Manufactures CNG and LPG conversion kits, produces vehicles, supplies parts, and integrates workstations. | Delhi, India, India | 2007 |
Blackcat
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Specializes in providing high-quality car accessories. | Gurugram, India, India | 1993 |
Business Activity of Team Concepts Private Limited
Team Concepts Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including 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 for Team Concepts Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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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. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R B C & CO LLP | Locked | Locked | Locked |
Complete auditor history for Team Concepts Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
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Board of Directors of Team Concepts Private Limited
Team Concepts Private Limited is currently managed by 2 directors, with 7 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Dharapuram Srinivasan Sethumadhavan
Also directs:
Pricol Precision Products Private Limited
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Director | 29 Apr 2020 | 6 Years 3 Months | As last reported |
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Tharuvai Ramasubramanian Srinivasan
Also directs:
Mfc Auto Parts Private Limited, Marketparts India Private Limited, Mytvs Parts Mart Private Limited and 5 more
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Director | 29 Nov 2017 | 8 Years 8 Months | As last reported |
Financials of Team Concepts Private Limited FY 2021 filings available
Team Concepts Private Limited reported revenue of ₹17.86 Cr (down 31.00% YoY) for FY 2021.
Ten-year financial statements for Team Concepts Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Ownership and Shareholding of Team Concepts Private Limited
Shareholding and ownership data for Team Concepts Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
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- FII and DII holdings
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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
Employees and EPFO Compliance at Team Concepts Private Limited
View historical data on people associated with Team Concepts Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Team Concepts Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
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GST Compliance of Team Concepts Private Limited
GST registrations and filing compliance for Team Concepts Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
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Credit Ratings, Litigation & Regulatory Alerts for Team Concepts Private Limited
Credit ratings, litigation, and regulatory alerts for Team Concepts Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Team Concepts Private Limited
MSME payment history for Team Concepts Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Team Concepts Private Limited
Corporate group structure for Team Concepts Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Team Concepts Private Limited
MCA filings and documents for Team Concepts Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Team Concepts Private Limited
Recent News on Team Concepts Private Limited
Frequently Asked Questions about Team Concepts Private Limited
Team Concepts Private Limited 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 Private Limited is a amalgamated private limited company in the automotive sector based in Bangalore, Karnataka, India. It was incorporated on 23 February 2000 and is registered under CIN U32201KA2000PTC026437. The company was amalgamated as per MCA records and no longer exists as a legal entity.
Team Concepts Private Limited was incorporated on 23 February 2000. Registered with ROC Bangalore.
The current directors of Team Concepts Private Limited are:
- Dharapuram Srinivasan Sethumadhavan - Director
- Tharuvai Ramasubramanian Srinivasan - Director
The CIN (Corporate Identification Number) of Team Concepts Private Limited is U32201KA2000PTC026437. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Team Concepts Private Limited is automotive. The company specifically operates in auto parts and components.