Presto Tyresoles Retreading Private Limited

Specializes in retreading and rebuilding used pneumatic tyres for various industries.

2011 | Mumbai, Maharashtra (India) | Active
Last Updated: December 30, 2024

Presto Tyresoles Retreading Profile

Key Indicators

  • Authorised Capital ₹ 7.75 Cr
  • Paid Up Capital ₹ 7.70 Cr
  • Company Age 13 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.00 M
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth -19.43%
  • Profit Growth 63.88%
  • Ebitda 48.75%
  • Net Worth 100.59%
  • Total Assets 4.81%

About Presto Tyresoles Retreading

Presto Tyresoles Retreading Private Limited (PTRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 August 2011 and has a history of 13 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 7.75 Cr and a paid-up capital of Rs 7.70 Cr.

The company currently has active open charges totaling ₹5.00 M. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vasundhara Sanghi, Rajesh Shetty, and Karun Sanghi serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tyresoles.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U37100MH2011PTC220898

  • Company No.

    220898

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Aug 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Presto Tyresoles Retreading?

Board Members (3)

NameDesignationAppointment DateStatus
Vasundhara Sanghi Country flag representing In Director 12-Aug-2011Current
Rajesh Shetty Country flag representing In Director 22-Sep-2011Current
Karun Sanghi Country flag representing In Director 12-Aug-2011Current

Financial Performance of Presto Tyresoles Retreading.

Presto Tyresoles Retreading Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 19.43% decrease. The company also saw a substantial improvement in profitability, with a 63.88% increase in profit. The company's net worth Soared by an impressive increase of 100.59%.

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
-19.43%
Revenue from Operations
-19.45%
Total Assets
4.81%
Profit or Loss
63.88%
Net Worth
100.59%
EBITDA
48.75%

What is the Ownership and Shareholding Structure of Presto Tyresoles Retreading?

In 2021, Presto Tyresoles Retreading 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 Indicator graph

Charges (Loans)

Open Charges

₹0.50 Cr

Satisfied Charges

₹1.50 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jul 2021Axis Bank Limited₹5.00 MOpen
08 May 2012Axis Bank Limited₹1.50 CrSatisfied

How Many Employees Work at Presto Tyresoles Retreading?

Presto Tyresoles Retreading has a workforce of 43 employees as of Apr 07, 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 Presto Tyresoles Retreading, 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 Presto Tyresoles Retreading'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 Presto Tyresoles Retreading

Recent activity within the organization

  • Annual General Meeting

    Presto Tyresoles Retreading Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Presto Tyresoles Retreading Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100466142 was registered on 29 Jul 2021.

    29 Jul 2021

  • Charges

    A charge registered on 08 May 2012 via Charge ID 10358860 with Axis Bank Limited was fully satisfied on 16 Mar 2015.

    16 Mar 2015

  • Charges

    A charge with Axis Bank Limited of Rs. 1.50 Cr registered on 08 May 2012 with Charge ID 10358860 was modified on 28 Jan 2013.

    28 Jan 2013

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.50 Cr with Charge ID 10358860 was registered on 08 May 2012.

    08 May 2012

Frequently asked questions

  • Presto Tyresoles Retreading Private Limited was incorporated on 12 Aug 2011.

  • The authorized share capital of Presto Tyresoles Retreading Private Limited is ₹ 7.75 Cr and paid-up capital is ₹ 7.70 Cr.

  • Currently 3 directors are associated with Presto Tyresoles Retreading Private Limited.

    • Vasundhara Karun Sanghi
    • Rajesh Vasudev Shetty
    • Karun Krishna Sanghi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Presto Tyresoles Retreading Private Limited is Flat No. 1001 Anand Building Chitrakar Dhurandhar Marg, Khar India, Mumbai, Maharashtra, 400052.

  • The corporate identification number (CIN) of Presto Tyresoles Retreading Private Limited is U37100MH2011PTC220898 and the company number is 220898 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Presto Tyresoles Retreading Private Limited is https://www.tyresoles.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Presto Tyresoles Retreading Private Limited has fallen by -19.43%.

  • As Per 2021 financial reports, 43 employees are currently employed by Presto Tyresoles Retreading Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Presto Tyresoles Retreading Private Limited has experienced an upsurge of 100.59%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Presto Tyresoles Retreading Private Limited amount to ₹ 5.00 M.

  • The most recent Balance Sheet for Presto Tyresoles Retreading Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Rubber-Based Products