Techforce Composites Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 1.66 Cr
- Company Age 27 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 16.01 Cr
- Satisfied Charges ₹ 3.29 Cr
- Revenue Growth 113.01%
- Profit Growth 309.15%
- Ebitda 517.00%
- Net Worth 143.85%
- Total Assets 42.81%
About Techforce Composites
Techforce Composites Pvt Ltd (TCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 March 1997 and has a history of 27 years and 11 months. Its registered office is in Indore, Madhya Pradesh, India.
The Company is engaged in the Manufacturing 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 4.00 Cr and a paid-up capital of Rs 1.66 Cr.
The company currently has active open charges totaling ₹16.01 Cr. The company has closed loans amounting to ₹3.29 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajan Baveja and Bharat Jain serve as directors at the Company.
Company Details
- Location
Indore, Madhya Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U34102MP1997PTC011779
- Company No.
011779
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Mar 1997
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Gwalior
Industry
Manufacturing
What products or services does Techforce Composites Pvt Ltd offer?
Techforce Composites Pvt Ltd offers a wide range of products and services, including Medium & Heavy Commercial Vehicles, Bus, Tractor, Eicher Tractor, City Bus, Diesel Luxury Bus, Trucks, Eicher Commercial Vehicle, Mini Tractors, TATA Bus.
Who are the key members and board of directors at Techforce Composites?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bharat Jain  | Director | 28-Sep-2020 | Current |
| Rajan Baveja | Director | 25-Mar-1997 | Current |
Financial Performance of Techforce Composites.
Techforce Composites Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 113.01% increase. The company also saw a substantial improvement in profitability, with a 309.15% increase in profit. The company's net worth Soared by an impressive increase of 143.85%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Techforce Composites?
In 2023, Techforce Composites had a promoter holding of 60.72% and a public holding of 39.28%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Tech Force Wayand Private Limited
Rajan Baveja and Bharat Jain are mutual person
- Atharva Fuels Llp
Bharat Jain is a mutual person
- Aadish Venture Private Limited
Bharat Jain is a mutual person
- Aarish Creation Private Limited
Bharat Jain is a mutual person
Charges (Loans)
Open Charges
₹16.01 Cr
Satisfied Charges
₹3.29 Cr
Charges Breakdown by Lending Institutions
- Others : 16.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Oct 2021 | Others | ₹4.74 Cr | Open |
| 19 Aug 2021 | Others | ₹7.12 Cr | Open |
| 16 Nov 2013 | Others | ₹4.16 Cr | Open |
| 01 Jun 2021 | Hdfc Bank Limited | ₹7.00 M | Satisfied |
| 28 Mar 2014 | Small Industries Devlopment Bank Of India | ₹1.00 Cr | Satisfied |
How Many Employees Work at Techforce Composites?
Techforce Composites has a workforce of 108 employees as of Apr 05, 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 Techforce Composites, 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 Techforce Composites'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 Techforce Composites
Recent activity within the organization
- Annual General Meeting
Techforce Composites Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Techforce Composites Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.
- Charges
A charge registered on 01 Jun 2021 via Charge ID 100465726 with Hdfc Bank Limited was fully satisfied on 12 Sep 2022.
- Charges
A charge with Others amounted to Rs. 4.74 Cr with Charge ID 100490145 was registered on 18 Oct 2021.
- Charges
A charge with Others amounted to Rs. 7.12 Cr with Charge ID 100469085 was registered on 19 Aug 2021.
- Charges
A charge registered on 28 Mar 2014 via Charge ID 10487190 with Small Industries Devlopment Bank Of India was fully satisfied on 19 Aug 2021.
Frequently asked questions
What is the Incorporation or founding date of Techforce Composites Pvt Ltd?
Techforce Composites Pvt Ltd was incorporated on 25 Mar 1997.
What is authorized share capital and paid-up capital of Techforce Composites Pvt Ltd?
The authorized share capital of Techforce Composites Pvt Ltd is ₹ 4.00 Cr and paid-up capital is ₹ 1.66 Cr.
Who are the current board members & directors of Techforce Composites Pvt Ltd?
Currently 2 directors are associated with Techforce Composites Pvt Ltd.
- Rajan Baveja
- Bharat Jain
What is the registered address of Techforce Composites Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Techforce Composites Pvt Ltd is Plot No. Wa-140 Scheme 94, Sector A Ring Road India, Indore, Madhya Pradesh, 452010.
What is the corporate identification number (CIN) and company number of Techforce Composites Pvt Ltd?
The corporate identification number (CIN) of Techforce Composites Pvt Ltd is U34102MP1997PTC011779 and the company number is 011779 as per Ministry of Corporate Affairs (MCA).
What is the official website of Techforce Composites Pvt Ltd?
The Official website of Techforce Composites Pvt Ltd is https://www.tfcpl.com
What has been the recent revenue trend for Techforce Composites Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Techforce Composites Pvt Ltd has risen by 113.01%.
How many employees does Techforce Composites Pvt Ltd currently have?
As Per 2023 financial reports, 108 employees are currently employed by Techforce Composites Pvt Ltd.
What change has been observed in the net worth of Techforce Composites Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Techforce Composites Pvt Ltd has experienced an upsurge of 143.85%.
What are the total open charges for Techforce Composites Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Techforce Composites Pvt Ltd amount to ₹ 16.01 Cr.
When was the last Balance Sheet of Techforce Composites Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Techforce Composites Pvt Ltd was filed with the ROC on 31 Mar 2023.
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