Tara Auto Finance Private Limited

Provides credit granting services, purchases businesses and properties, incorporated in 1989.

1989 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 04, 2024

Tara Auto Finance Profile

Key Indicators

  • Authorised Capital ₹ 7.00 M
  • Paid Up Capital ₹ 6.15 M
  • Company Age 35 Year, 11 Months
  • 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 35 years and 11 months. 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 Country flag representing In Director 19-Jan-2023 Current
Sankarapandian Mariappamurali Country flag representing In Director 27-Sep-2023 Current
Harsha Chordia Country flag representing In Director 30-Sep-2009 Current
Lalita Kanwar Country flag representing In Director 13-Feb-1989 Current
Paras Chordia Country flag representing In 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%.

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
-0.39%
Revenue from Operations
-0.56%
Total Assets
8.81%
Profit or Loss
352.02%
Net Worth
2.18%
EBITDA
144.54%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2023

  • 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 4 months .

    27 Sep 2023

  • Balance Sheet

    Tara Auto Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • 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 14 days .

    19 Jan 2023

  • Charges

    A charge registered on 22 Feb 2005 via Charge ID 90298683 with Indian Overseas Bank was fully satisfied on 03 Sep 2020.

    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 4 months .

    30 Sep 2009

Frequently asked questions

  • Tara Auto Finance Private Limited was incorporated on 13 Feb 1989.

  • The authorized share capital of Tara Auto Finance Private Limited is ₹ 7.00 M and paid-up capital is ₹ 6.15 M.

  • Currently 5 directors are associated with Tara Auto Finance Private Limited.

    • Sankarapandian Mariappamurali
    • Rashmi Durairajan Lingaswamy
    • Harsha Chordia
    • Lalita Kanwar
    • Paras Chordia
  • 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.

  • 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).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tara Auto Finance Private Limited has fallen by -0.39%.

  • 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%.

  • The most recent Balance Sheet for Tara Auto Finance Private Limited was filed with the ROC on 31 Mar 2023.

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