Techforce Composites Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 1.66 Cr
- Company Age 27 Year, 10 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 ten 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
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Location
Indore, Madhya Pradesh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U34102MP1997PTC011779
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Company No.
011779
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
25 Mar 1997
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Gwalior
Industry
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 |
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Bharat Jain
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Director | 28-Sep-2020 | Current |
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Rajan Baveja
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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%.
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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)
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Tech Force Wayand Private LimitedRajan Baveja and Bharat Jain are mutual person
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Atharva Fuels Llp
Bharat Jain is a mutual person
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Aadish Venture Private Limited
Bharat Jain is a mutual person
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Aarish Creation Private Limited
Bharat Jain is a mutual person
Charges (Loans)
₹16.01 Cr
₹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.
