Immortal Tyres Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 2.50 Cr
- Company Age 13 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 14.77 Cr
- Satisfied Charges ₹ 13.06 Cr
- Revenue Growth 11.26%
- Profit Growth 18.47%
- Ebitda -2.39%
- Net Worth 5.68%
- Total Assets -5.42%
About Immortal Tyres
Immortal Tyres Private Limited (ITPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 September 2011 and has a history of 13 years and five months. Its registered office is in Ludhiana, Punjab, India.
The Corporate was formerly known as Karan Rubber Private Limited. The Company is engaged in the Automotive 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 5.00 Cr and a paid-up capital of Rs 2.50 Cr.
The company currently has active open charges totaling ₹14.77 Cr. The company has closed loans amounting to ₹13.06 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kanwar Singh, Poonam Deep, and Param Singh serve as directors at the Company.
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U25200PB2011PTC035435
- Company No.
035435
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Sep 2011
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
What products or services does Immortal Tyres Private Limited offer?
Immortal Tyres Private Limited offers a wide range of products and services, including Two Wheeler Tyres, Motorcycle Tyres, Commercial Vehicle Tyres, Three Wheeler Tyres, Tractor Tyres, Bike Tyres, Solid Tyres, Rubber Tyres, Tractor Rear Tyre.
Who are the key members and board of directors at Immortal Tyres?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kanwar Singh  | Director | 15-Feb-2016 | Current |
| Poonam Deep | Director | 02-Sep-2011 | Current |
| Param Singh | Director | 02-Sep-2011 | Current |
Financial Performance of Immortal Tyres.
Immortal Tyres Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.26% increase. The company also saw a substantial improvement in profitability, with a 18.47% increase in profit. The company's net worth moved up by a moderate rise of 5.68%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Immortal Tyres?
In 2023, Immortal Tyres had a promoter holding of 48.13% and a public holding of 51.87%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
K K Reclamations Private LimitedKanwar Singh, Poonam Deep and 1 more are mutual person
- S K S Reclamations Private Limited
Poonam Deep and Param Singh are mutual person
- Sawarn Rubber Private Limited
Poonam Deep and Param Singh are mutual person
Charges (Loans)
₹14.77 Cr
₹13.06 Cr
Charges Breakdown by Lending Institutions
- Others : 8.50 Cr
- Axis Bank Limited : 6.10 Cr
- Hdfc Bank Limited : 0.17 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jan 2023 | Axis Bank Limited | ₹6.10 Cr | Open |
| 30 Apr 2021 | Hdfc Bank Limited | ₹1.65 M | Open |
| 05 Apr 2016 | Others | ₹8.50 Cr | Open |
| 01 Dec 2021 | Others | ₹5.30 M | Satisfied |
| 08 Oct 2021 | Others | ₹4.27 Cr | Satisfied |
How Many Employees Work at Immortal Tyres?
Immortal Tyres has a workforce of 107 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Immortal Tyres, 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 Immortal Tyres'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.