- Category
- Micro (2020-21)
- Udyam number
- UDYAM-MH-33-0029024

Teem Appliances Private Limited
About Teem Appliances Private Limited
Data last updated:
Teem Appliances Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 21 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29309MH2020PTC348370. Its GSTIN is 27AAICT1776B1ZC (Maharashtra).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹76 Lakh. It is led by directors Sagar Shyam Tamhankar and Sushma Sagar Tamhankar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ttc Indl Area Plot No D 30/1 MIDC Turbhe Navi Mumbai, Thane, Maharashtra, India – 400705.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.56 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹14.29 Lakh (net margin -48.3%) and EBITDA of ₹28.46 Lakh (EBITDA margin 96.3%). Revenue has grown at a compounded annual rate (CAGR) of 819% over three years.
As per MCA filings, the company has satisfied charges of ₹5.75 Cr on record.
Teem Appliances Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0029024).
Company details
Recognitions & Rankings of Teem Appliances
Contact details
Teem Appliances Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressTtc Indl Area Plot No D 30/1 MIDC Turbhe Navi Mumbai, Thane, Maharashtra, India – 400705
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Teem Appliances 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 Teem Appliances is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Teem Appliances Private Limited, buy the company report.
Financials of Teem Appliances Private Limited
FY 2024 filings availableTeem Appliances Private Limited reported revenue of ₹29.56 Lakh (up 243% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 819% over three years, including 243% growth in the latest year. EBITDA rose 203% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹28.46 Lakh | |||
| Profit Before Tax | ||||
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| Net Profit (PAT) | -₹14.29 Lakh | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | ||||
| EBITDA Margin | 96.3% | |||
| Net Profit Margin | -48.3% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Teem Appliances Private Limited, buy the company report.
Board of directors of Teem Appliances Private Limited
Teem Appliances 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 |
|---|---|---|---|---|
| Sagar Shyam Tamhankar | Director | 21 Oct 2020 | 6 Years 0 Months | Current |
| Sushma Sagar Tamhankar | Additional Director | 23 Mar 2021 | 5 Years 7 Months | Current |
Auditor
Teem Appliances Private Limited is audited by Harshada P Mhatre for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Harshada P Mhatre | FY 2023 | 158146 |
Shareholding
The shareholding of Teem Appliances 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 Teem Appliances Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2021 | 100472122 | Others | ₹3.5 Cr | Satisfied | |
| 30 Jul 2021 | 100472124 | Others | ₹2.25 Cr | Satisfied |
To see the full charge records of Teem Appliances Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Teem Appliances 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 Teem Appliances Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Teem Appliances Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Teem Appliances has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICT1776B1ZC | Maharashtra | Active | 04 Dec 2020 |
To see the full GST registrations and return filing status of Teem Appliances Private Limited, buy the company report.
Recent activity
Teem Appliances Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Bhavesh Shantilal Patel ceased to be Director on 31 Mar 2021.
Frequently asked questions
Teem Appliances is an active private limited company based in Thane, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 21 October 2020 (6+ years old) and is registered under CIN U29309MH2020PTC348370.
Teem Appliances has 2 current directors:
- Sagar Shyam Tamhankar - Director
- Sushma Sagar Tamhankar - Additional Director
The latest financial statements of Teem Appliances on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Teem Appliances is 27AAICT1776B1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Teem Appliances is U29309MH2020PTC348370. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Teem Appliances was incorporated on 21 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Bhavesh Shantilal Patel ceased to be Director on 31 Mar 2021. Sushma Sagar Tamhankar was appointed as Additional Director on 23 Mar 2021. Bhavesh Shantilal Patel was appointed as Director on 21 Oct 2020. Teem Appliances has 4 board changes on record in total.
Yes, Teem Appliances is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0029024).
The registered office of Teem Appliances is at Ttc Indl Area Plot No D 301 MIDC Turbhe Navi Mumbai, Thane, Maharashtra, India – 400705.
Teem Appliances operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.