Taron Material Handling Equipments Private Limited

Company provides material handling equipment and machinery for sale, lease, and service globally.

2018 | Mumbai, Maharashtra (India) | Active
Last Updated: January 22, 2025

Taron Material Handling Equipments Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.33 M
  • Company Age 6 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 98.97 Cr
  • Satisfied Charges ₹ 16.00 Cr
  • Revenue Growth 1117.71%
  • Profit Growth -692.40%
  • Ebitda -232.66%
  • Net Worth 236.11%
  • Total Assets 10108.96%

About Taron Material Handling Equipments

Taron Material Handling Equipments Private Limited (TMHEPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 September 2018 (Six years and four months 23 days old ). Its registered office is in Mumbai, Maharashtra, India.

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 1.00 Cr and a paid-up capital of Rs 9.33 M.

The company currently has active open charges totaling ₹98.97 Cr. The company has closed loans amounting to ₹16.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sunu Mathew and Bindu Mathew serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2018PTC313884

  • Company No.

    313884

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Sep 2018

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Machinery and Equipment

Who are the key members and board of directors at Taron Material Handling Equipments?

Board Members (2)

Name Designation Appointment Date Status
Sunu Mathew Country flag representing In Director 11-Sep-2018 Current
Bindu Mathew Country flag representing In Director 11-Sep-2018 Current

Financial Performance of Taron Material Handling Equipments.

Taron Material Handling Equipments Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1117.71% increase. The company also saw a substantial fall in profitability, with a 692.4% decrease in profit. The company's net worth Soared by an impressive increase of 236.11%.

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
1117.71%
Revenue from Operations
1183.25%
Total Assets
10108.96%
Profit or Loss
-692.40%
Net Worth
236.11%
EBITDA
-232.66%

What is the Ownership and Shareholding Structure of Taron Material Handling Equipments?

In 2023, Taron Material Handling Equipments had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹98.97 Cr

Satisfied Charges

₹16.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 59.02 Cr
  • Axis Bank Limited : 39.94 Cr

Latest Charge Details

Date Lender Amount Status
28 May 2024 Axis Bank Limited ₹20.63 Cr Open
29 Feb 2024 Axis Bank Limited ₹10.02 Cr Open
29 Jan 2024 Others ₹22.00 Cr Open
15 Feb 2023 Others ₹35.00 Cr Open
22 Nov 2022 Others ₹2.02 Cr Open

How Many Employees Work at Taron Material Handling Equipments?

Taron Material Handling Equipments has a workforce of 162 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 Taron Material Handling Equipments, 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 Taron Material Handling Equipments'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 Taron Material Handling Equipments

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 20.63 Cr with Charge ID 100931324 was registered on 28 May 2024.

    28 May 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.02 Cr with Charge ID 100888710 was registered on 29 Feb 2024.

    29 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 22.00 Cr with Charge ID 100871322 was registered on 29 Jan 2024.

    29 Jan 2024

  • Annual General Meeting

    Taron Material Handling Equipments Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Charges

    A charge registered on 02 Aug 2022 via Charge ID 100602175 with Axis Bank Limited was fully satisfied on 13 Jul 2023.

    13 Jul 2023

  • Balance Sheet

    Taron Material Handling Equipments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Frequently asked questions

  • Taron Material Handling Equipments Private Limited was incorporated on 11 Sep 2018.

  • The authorized share capital of Taron Material Handling Equipments Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.33 M.

  • Currently 2 directors are associated with Taron Material Handling Equipments Private Limited.

    • Sunu Mathew
    • Bindu Sunu Mathew
  • As per Ministry of Corporate Affairs (Mca), the registered address of Taron Material Handling Equipments Private Limited is 302 3Rd Floor Ruby Crescent Business Boulevard Ashok Nagar, Kandivali (East) India, Mumbai, Maharashtra, 400101.

  • The corporate identification number (CIN) of Taron Material Handling Equipments Private Limited is U74999MH2018PTC313884 and the company number is 313884 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Taron Material Handling Equipments Private Limited is https://www.taron.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Taron Material Handling Equipments Private Limited has risen by 1117.71%.

  • As Per 2023 financial reports, 162 employees are currently employed by Taron Material Handling Equipments Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Taron Material Handling Equipments Private Limited has experienced an upsurge of 236.11%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Taron Material Handling Equipments Private Limited amount to ₹ 98.97 Cr.

  • The most recent Balance Sheet for Taron Material Handling Equipments Private Limited was filed with the ROC on 31 Mar 2023.