Turtle Infratrade Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 3.26 M
- Company Age 16 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.34 Cr
- Satisfied Charges ₹ 1.50 Cr
- Revenue Growth -49.06%
- Profit Growth -68.11%
- Ebitda -5.08%
- Net Worth 7.19%
- Total Assets 14.47%
About Turtle Infratrade
Turtle Infratrade Private Limited (TIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 May 2008 and has a history of 16 years and eight months. Its registered office is in Solapur, Maharashtra, India.
The Corporate was formerly known as Lokmangal Logistics Private Limited. The Company is engaged in the Agriculture 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 2.00 Cr and a paid-up capital of Rs 3.26 M.
The company currently has active open charges totaling ₹6.34 Cr. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mahesh Deshmukh, Arun Salunke, and Pramila Salunke serve as directors at the Company.
Company Details
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Location
Solapur, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U60232PN2008PTC131938
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Company No.
131938
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
05 May 2008
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Pune
Industry
Who are the key members and board of directors at Turtle Infratrade?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahesh Deshmukh
|
Additional Director | 19-Jul-2024 | Current |
|
Arun Salunke
|
Director | 21-Jan-2019 | Current |
| Pramila Salunke | Additional Director | Current |
Financial Performance of Turtle Infratrade.
Turtle Infratrade Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 49.06% decrease. The company also saw a substantial fall in profitability, with a 68.11% decrease in profit. The company's net worth moved up by a moderate rise of 7.19%.
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What is the Ownership and Shareholding Structure of Turtle Infratrade?
In 2023, Turtle Infratrade had a promoter holding of 71.43% and a public holding of 28.57%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Lokmangal Mauli Jewellers Private LimitedMahesh Deshmukh is a mutual person
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Lokmangal Agro Industries LimitedMahesh Deshmukh is a mutual person
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Lokmangal Mauli Industries Limited
Mahesh Deshmukh is a mutual person
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Lokmangal Sugar Ethenol & Co-Generation Industries Limited
Mahesh Deshmukh is a mutual person
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Lokmangal Infrastructure Private Limited
Mahesh Deshmukh is a mutual person
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Shambhuraja Agro Producer Company LimitedArun Salunke is a mutual person
Charges (Loans)
₹6.34 Cr
₹1.50 Cr
Charges Breakdown by Lending Institutions
- Tata Capital Financial Services Limited : 3.89 Cr
- Others : 2.45 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jul 2022 | Tata Capital Financial Services Limited | ₹3.89 Cr | Open |
| 14 Jun 2017 | Others | ₹2.45 Cr | Open |
| 12 Jul 2017 | Others | ₹1.50 Cr | Satisfied |
How Many Employees Work at Turtle Infratrade?
Turtle Infratrade has a workforce of 144 employees as of Apr 08, 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 Turtle Infratrade, 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 Turtle Infratrade'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.
