Bangalore Turf Club Limited

Provides recreational facilities, sports clubs, and horse riding schools through a race track and betting centers.

1962 | Bangaluru, Karnataka (India) | Active
Last Updated: December 26, 2024

Bangalore Turf Club Profile

Key Indicators

  • Company Age 62 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.48 Cr
  • Revenue Growth 112.06%
  • Profit Growth 52.34%
  • Ebitda 193.65%
  • Net Worth -20.50%
  • Total Assets 30.93%

About Bangalore Turf Club

Bangalore Turf Club Limited (BTCL) was founded in India on 31 March 1962 and has a glorious history of 62 years and ten months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Bangalore Race Club Limited. The Company is engaged in the Events And Entertainment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.00 and a paid-up capital of Rs 0.00.

The company currently has active open charges totaling ₹4.48 Cr.

Uday Eswaran, Arun Parasa, Chanduranga Urs, and Five other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bangaloreraces.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U99999KA1962PLC001449

  • Company No.

    001449

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 1962

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Events and Entertainment

What products or services does Bangalore Turf Club Limited offer?

Bangalore Turf Club Limited offers a wide range of products and services, including Adventure & Trekking Tours, Adventure Sports Services.

Who are the key members and board of directors at Bangalore Turf Club?

Board Members (8)

NameDesignationAppointment DateStatus
Uday Eswaran Country flag representing In Additional Director 06-Nov-2024Current
Arun Parasa Country flag representing In Additional Director 13-Sep-2024Current
Chanduranga Urs Country flag representing In Additional Director 18-Jul-2024Current
Kupparaju Nagaraju Country flag representing In Additional Director 07-Aug-2024Current
Raghunandana Sosale Country flag representing In Additional Director 26-Jul-2024Current
Syed Ahmed Nominee Director 30-Jul-2024Current

Financial Performance of Bangalore Turf Club.

Bangalore Turf Club Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 112.06% increase. The company also saw a substantial improvement in profitability, with a 52.34% increase in profit. The company's net worth observed a substantial decline by a decrease of 20.5%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
112.06%
Revenue from Operations
111.16%
Total Assets
30.93%
Profit or Loss
52.34%
Net Worth
-20.50%
EBITDA
193.65%

What is the Ownership and Shareholding Structure of Bangalore Turf Club?

Unlock access to Bangalore Turf Club's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹44,750,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 3.33 Cr
  • Ing Vysya Bank Limited : 1.15 Cr

Latest Charge Details

DateLenderAmountStatus
25 May 2022Hdfc Bank Limited₹3.33 CrOpen
23 Jan 2013Ing Vysya Bank Limited₹1.15 CrOpen

How Many Employees Work at Bangalore Turf Club?

Bangalore Turf Club has a workforce of 610 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bangalore Turf Club, 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 Bangalore Turf Club's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Bangalore Turf Club

Recent activity within the organization

  • Director Appointment

    Arvind Somareddi Katarki was appointed as a Additional Director was appointed as a Additional Director on 07 Nov 2024 & has been associated with this company since 3 months 16 days .

    07 Nov 2024

  • Director Appointment

    Uday Eswaran was appointed as a Additional Director was appointed as a Additional Director on 06 Nov 2024 & has been associated with this company since 3 months 17 days .

    06 Nov 2024

  • Director Appointment

    Kaldevanahalli Adinarayan Jagadish was appointed as a Additional Director was appointed as a Additional Director on 06 Nov 2024 & has been associated with this company since 3 months 17 days .

    06 Nov 2024

  • Director Appointment

    Arun Kumar Parasa was appointed as a Additional Director was appointed as a Additional Director on 13 Sep 2024 & has been associated with this company since 5 months 10 days .

    13 Sep 2024

  • Director Appointment

    Kupparaju Nagaraju was appointed as a Additional Director was appointed as a Additional Director on 07 Aug 2024 & has been associated with this company since 6 months 17 days .

    07 Aug 2024

  • Annual General Meeting

    Bangalore Turf Club Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

Frequently asked questions

  • Bangalore Turf Club Limited was incorporated on 31 Mar 1962.

  • The authorized share capital of Bangalore Turf Club Limited is ₹ 0.00 and paid-up capital is ₹ 0.00.

  • Currently 8 directors are associated with Bangalore Turf Club Limited.

    • Uday Eswaran
    • Arun Kumar Parasa
    • Chanduranga Kanthraj Urs
    • Kupparaju Nagaraju
    • Raghunandana Kittu Sosale
    • Syed Mohammed Ahmed
    • Kaldevanahalli Adinarayan Jagadish
    • Arvind Somareddi Katarki
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bangalore Turf Club Limited is Race Course Road - 560 001 India, Bangalore, Karnataka, 560001.

  • The corporate identification number (CIN) of Bangalore Turf Club Limited is U99999KA1962PLC001449 and the company number is 001449 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bangalore Turf Club Limited is https://www.bangaloreraces.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bangalore Turf Club Limited has risen by 112.06%.

  • As Per 2023 financial reports, 610 employees are currently employed by Bangalore Turf Club Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bangalore Turf Club Limited has experienced an downturn of -20.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bangalore Turf Club Limited amount to ₹ 4.48 Cr.

  • The most recent Balance Sheet for Bangalore Turf Club Limited was filed with the ROC on 31 Mar 2023.

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