Targetone Innovations Profile
Key Indicators
- Authorised Capital ₹ 3.31 Cr
as on 15-12-2024
- Paid Up Capital ₹ 3.28 Cr
as on 15-12-2024
- Company Age 8 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 100.00 Cr
as on 15-12-2024
- Satisfied Charges ₹ 146.05 Cr
as on 15-12-2024
- Revenue 87.41%
(FY 2021)
- Profit 53.11%
(FY 2021)
- Ebitda 31.97%
(FY 2021)
- Net Worth -35.63%
(FY 2021)
- Total Assets -9.73%
(FY 2021)
About Targetone Innovations
The Company is engaged in the Automotive 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 3.31 Cr and a paid-up capital of Rs 3.28 Cr.
The company currently has active open charges totaling ₹100.00 Cr. The company has closed loans amounting to ₹146.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
Amit Bhasin, Kushal Karwa, Rishabh Karwa, and One other member serve as directors at the Company.
- CIN/LLPIN
U74999DL2016PTC300195
- Company No.
300195
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 May 2016
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
Delhi, India
- Telephone
- Email Address
- Website
- Social Media
- Apps
What products or services does Targetone Innovations Private Limited offer?
Targetone Innovations Private Limited offers a wide range of products and services, including Clamps Equipment, Quick Release Hose Clamp, Valves, Expansion Valve, Oxygen Nitrogen Gas Plants, Expansion Tanks, Brake Systems, Brake Cables, Brake Caliper, Brake Booster.
Who are the key members and board of directors at Targetone Innovations?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rishabh Karwa  | Director | 14-Jun-2021 | Current |
| Kushal Karwa | Director | 23-May-2016 | Current |
| Amit Bhasin | Director | 23-May-2016 | Current |
| Nitin Rana | Director | 14-Jun-2021 | Current |
Financial Performance of Targetone Innovations.
Targetone Innovations Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 87.41% increase. The company also saw a substantial improvement in profitability, with a 53.11% increase in profit. The company's net worth observed a substantial decline by a decrease of 35.63%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Targetone Innovations?
In 2021, Targetone Innovations had a promoter holding of 89.41% and a public holding of 10.59%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ikshana General Insurance LimitedActive 2 years 7 monthsAmit Bhasin, Kushal Karwa and 2 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 11 Jan 2023 | ₹100.00 Cr | Open |
Others Creation Date: 11 Jan 2023 | ₹75.00 Cr | Satisfied |
The Hongkong And Shanghai Banking Corporation Limited Creation Date: 18 Jun 2022 | ₹5.38 Cr | Satisfied |
How Many Employees Work at Targetone Innovations?
Targetone Innovations has a workforce of 551 employees as of Apr 06, 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 Targetone Innovations, 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 Targetone Innovations'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.
