Town Essentials Private Limited - Company Profile

It is a e-commerce private limited company based in Bangalore North, Karnataka, India, established in 2001.

2001 Bangalore North, Karnataka, India Active

Last Updated: December 21, 2025

About Town Essentials Private Limited

Town Essentials Private Limited, a active private limited company, was established on 21 August 2001 in Bangalore North, Karnataka, India. Engaging in online grocery platforms within the trade sector, it holds CIN: U52339KA2001PTC029426. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹4.00 M and a paid-up capital of ₹1.22 M.

It upholds a compliant status. Employing 98 professional, Its leadership includes Shrikant Jayawant Patil (Director), Amar Krishna Murthy (Managing Director). It holds ₹3.00 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Business Hut, 133/2, 4Th Floor,, Janardhan Towers, Residency Road, Bangalore North, Karnataka, 560025.

Company Details

CIN/LLPIN
U52339KA2001PTC029426
Registration Number
029426
Incorporation Date
21 August 2001
Authorized Capital
₹4.00 M
Paid-Up Capital
₹1.22 M
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 4.00 M as on 21-12-2025
Paid Up Capital ₹ 1.22 M as on 21-12-2025
Company Age 24 Year, 5 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 3.00 Cr as on 21-12-2025
Revenue Growth **** 10.94% (FY 2020)
Profit Growth **** 23.65% (FY 2020)
Ebitda **** -3.15% (FY 2020)
Net Worth -40.61% (FY 2020)
Total Assets -14.30% (FY 2020)

Comprehensive Company Insights

Explore comprehensive insights into Town Essentials Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Town Essentials Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Shrikant Jayawant Patil	Director	01 Sep 2005	Current
Amar Krishna Murthy	Managing Director	21 Aug 2001	Current

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Financial Performance of Town Essentials.

Town Essentials Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 10.94% increase. The company also saw a substantial improvement in profitability, with a 23.65% increase in profit. The company's net worth observed a substantial decline by a decrease of 40.61%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

10.94%

*******

Revenue from Operations

*******

9.11%

*******

Total Assets

*******

-14.30%

*******

Profit or Loss

*******

23.65%

*******

Net Worth

*******

-40.61%

*******

EBITDA

*******

-3.15%

*******

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What is the Ownership and Shareholding Structure of Town Essentials?

In 2020, Town Essentials had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹30,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Others : 3.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
23 May 2019	Others	₹1.50 Cr	Open
26 Oct 2016	Others	₹1.50 Cr	Open

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How Many Employees Work at Town Essentials?

Town Essentials has a workforce of 98 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Town Essentials, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Town Essentials's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Town Essentials

Recent Activity within the Organization

Annual General Meeting

Town Essentials Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.
30 Sep 2024
Balance Sheet

The activity Town Essentials Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.
31 Mar 2024
Charges

A charge with Others amounted to Rs. 15.00 M with Charge ID 100273356 was registered on 23 May 2019. was recorded as a recent event.
23 May 2019
Charges

Progress on A charge with Others of Rs. 15.00 M registered on 26 Oct 2016 with Charge ID 100063873 was modified on 07 Dec 2017. was documented.
07 Dec 2017
Charges

Progress on A charge with Others amounted to Rs. 15.00 M with Charge ID 100063873 was registered on 26 Oct 2016. was documented.
26 Oct 2016
Director Appointment

Progress on Shrikant Jayawant Patil was appointed as a Director was appointed as a Director on 01 Sep 2005 & has been associated with this company since 20 years 5 months . was documented.
01 Sep 2005

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