Taegutec India Profile
Key Indicators
- Authorised Capital ₹ 14.00 Cr
- Paid Up Capital ₹ 4.70 Cr
- Company Age 25 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 17.50 Cr
- Revenue Growth 14.23%
- Profit Growth -0.38%
- Ebitda -4.74%
- Net Worth 2.09%
- Total Assets 3.23%
About Taegutec India
Taegutec India Private Limited (TIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 October 1999 and has a history of 25 years and three months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Taegutec India Limited. The Company is engaged in the Machinery And Equipment 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 14.00 Cr and a paid-up capital of Rs 4.70 Cr.
The company has closed loans amounting to ₹17.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Taegutec India Private Limited India is Rakesh Arakere as CFO.
Company Details
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Location
Bangaluru, Karnataka, 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
U27109KA1999PTC025888
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Company No.
025888
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
27 Oct 1999
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Date of AGM
28 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 Bangalore
Industry
What products or services does Taegutec India Private Limited offer?
Taegutec India Private Limited offers a wide range of products and services, including Cutting Tools & Milling Cutter, Tool Adapters, Drilling & Boring Equipment, Drilling Machine Parts, Cutting Tool Inserts, Cutting Tools, Carbide Component, TaeguTec Cutting Tool Inserts, Carbide Cutting Tools, Carbide Tools.
Who are the key members and board of directors at Taegutec India?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lakshmikanthan Krishnan
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Managing Director | 01-Jan-2005 | Current |
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Rakesh Arakere
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CFO | 19-Jul-2016 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Sanjiv Shelgikar
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Director | 06-Feb-2018 | Current |
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Nirmal Jain
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Additional Director | 10-Sep-2024 | Current |
Hyun Han
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Director | 20-Apr-2011 | Current |
Financial Performance of Taegutec India.
Taegutec India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.23% increase. The company also saw a slight decrease in profitability, with a 0.38% decrease in profit. The company's net worth moved up by a moderate rise of 2.09%.
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What is the Ownership and Shareholding Structure of Taegutec India?
In 2023, Taegutec India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
₹0
₹17.50 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 17.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Oct 2000 | State Bank Of India | ₹6.50 Cr | Satisfied |
| 18 Oct 2000 | State Bank Of India | ₹11.00 Cr | Satisfied |
How Many Employees Work at Taegutec India?
Taegutec India has a workforce of 193 employees as of Mar 22, 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 Taegutec India, 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 Taegutec India'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.
