Tara Auto Finance Private Limited
Provides credit granting services, purchases businesses and properties, incorporated in 1989.
1989 | Chennai, Tamil Nadu (India) | Active
Tara Auto Finance Profile
Key Indicators
- Authorised Capital ₹ 7.00 M
- Paid Up Capital ₹ 6.15 M
- Company Age 36 Year, 19 Days
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 4.30 M
- Revenue Growth -0.39%
- Profit Growth 352.02%
- Ebitda 144.54%
- Net Worth 2.18%
- Total Assets 8.81%
About Tara Auto Finance
Tara Auto Finance Private Limited (TAFPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 February 1989 and has a history of 36 years. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Pukhraj Hire Purchase Private Limited. The Company is engaged in the Financial Services 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 7.00 M and a paid-up capital of Rs 6.15 M.
The company has closed loans amounting to ₹4.30 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Sankarapandian Mariappamurali, Rashmi Lingaswamy, Harsha Chordia, and Two other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U65991TN1989PTC016871
- Company No.
016871
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Feb 1989
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Financial Services
Who are the key members and board of directors at Tara Auto Finance?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rashmi Lingaswamy  | Director | 19-Jan-2023 | Current |
| Sankarapandian Mariappamurali | Director | 27-Sep-2023 | Current |
| Harsha Chordia | Director | 30-Sep-2009 | Current |
| Lalita Kanwar | Director | 13-Feb-1989 | Current |
| Paras Chordia | Director | 30-Jan-2009 | Current |
Financial Performance of Tara Auto Finance.
Tara Auto Finance Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.39% decrease. The company also saw a substantial improvement in profitability, with a 352.02% increase in profit. The company's net worth moved up by a moderate rise of 2.18%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Tara Auto Finance?
In 2023, Tara Auto Finance had a promoter holding of 74.79% and a public holding of 25.21%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Rashmi Wealth Llp
Rashmi Lingaswamy is a mutual person
- Aahana Apparels Private Limited
Rashmi Lingaswamy is a mutual person
- Ammayapper Roadways Private Limited
Rashmi Lingaswamy is a mutual person
- Capitive Ventures Private Limited
Lalita Kanwar and Paras Chordia are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹4.30 M
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 0.43 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Feb 2005 | Indian Overseas Bank | ₹4.30 M | Satisfied |
How Many Employees Work at Tara Auto Finance?
Unlock and access historical data on people associated with Tara Auto Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Tara Auto Finance, 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 Tara Auto Finance'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.
Latest Updates, News, and FAQs on Tara Auto Finance
Recent activity within the organization
- Annual General Meeting
Tara Auto Finance Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Director Appointment
Sankarapandian Mariappamurali was appointed as a Director was appointed as a Director on 27 Sep 2023 & has been associated with this company since 1 year 5 months .
- Balance Sheet
Tara Auto Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Director Appointment
Rashmi Durairajan Lingaswamy was appointed as a Director was appointed as a Director on 19 Jan 2023 & has been associated with this company since 2 years 1 month .
- Charges
A charge registered on 22 Feb 2005 via Charge ID 90298683 with Indian Overseas Bank was fully satisfied on 03 Sep 2020.
- Director Appointment
Harsha Chordia was appointed as a Director was appointed as a Director on 30 Sep 2009 & has been associated with this company since 15 years 5 months .
Frequently asked questions
What is the Incorporation or founding date of Tara Auto Finance Private Limited?
Tara Auto Finance Private Limited was incorporated on 13 Feb 1989.
What is authorized share capital and paid-up capital of Tara Auto Finance Private Limited?
The authorized share capital of Tara Auto Finance Private Limited is ₹ 7.00 M and paid-up capital is ₹ 6.15 M.
Who are the current board members & directors of Tara Auto Finance Private Limited?
Currently 5 directors are associated with Tara Auto Finance Private Limited.
- Sankarapandian Mariappamurali
- Rashmi Durairajan Lingaswamy
- Harsha Chordia
- Lalita Kanwar
- Paras Chordia
What is the registered address of Tara Auto Finance Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Tara Auto Finance Private Limited is No.269 (119), T.T.K. Road Alwarpet Teynampet, Chennai, Tamil Nadu, India, 600018.
What is the corporate identification number (CIN) and company number of Tara Auto Finance Private Limited?
The corporate identification number (CIN) of Tara Auto Finance Private Limited is U65991TN1989PTC016871 and the company number is 016871 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Tara Auto Finance Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Tara Auto Finance Private Limited has fallen by -0.39%.
What change has been observed in the net worth of Tara Auto Finance Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Tara Auto Finance Private Limited has experienced an upsurge of 2.18%.
When was the last Balance Sheet of Tara Auto Finance Private Limited filed with the ROC?
The most recent Balance Sheet for Tara Auto Finance Private Limited was filed with the ROC on 31 Mar 2023.
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