Tespa Tools Private Limited

Manufacturer of automobile components, electronic gauges, and measuring instruments with international partnerships and exports.

1983 | Madras-102, Tamil Nadu (India) | Active
Last Updated: July 04, 2024

Tespa Tools Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.85 M
  • Company Age 41 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 17.31 Cr
  • Satisfied Charges ₹ 4.35 Cr
  • Revenue Growth 25.94%
  • Profit Growth 135.29%
  • Ebitda -11.40%
  • Net Worth 0.02%
  • Total Assets 7.67%

About Tespa Tools

Tespa Tools Private Limited (TTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 July 1983 and has a history of 41 years and seven months. Its registered office is in Madras-102, Tamil Nadu, India.

The Corporate was formerly known as Tespa India Private Limited. The Company is engaged in the Machinery And Equipment 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 5.00 M and a paid-up capital of Rs 2.85 M.

The company currently has active open charges totaling ₹17.31 Cr. The company has closed loans amounting to ₹4.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sudendranath Shetty, Ashritha Shetty, and Kolyar Sudendranath serve as directors at the Company.

Company Details

  • Location

    Madras-102, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tespaindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29130TN1983PTC010122

  • Company No.

    010122

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jul 1983

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

What products or services does Tespa Tools Private Limited offer?

Tespa Tools Private Limited offers a wide range of products and services, including Grinding Machines, Cylindrical Grinding Machine, Testing & Measuring Equipments, Material Testing Equipment, Weighing Scales & Measuring Tapes, Calipers, Scientific Instruments, ISO & Quality Management Consultants, Certification Services, Measurement Gauges & Gauge Fittings.

Who are the key members and board of directors at Tespa Tools?

Executive Team (1)

NameDesignationAppointment DateStatus
Kolyar Sudendranath Country flag representing In Managing Director04-Jul-1983Current

Board Members (2)

NameDesignationAppointment DateStatus
Sudendranath Shetty Country flag representing In Director 04-Jul-1999Current
Ashritha Shetty Country flag representing In Whole-Time Director 04-Jul-1983Current

Financial Performance of Tespa Tools.

Tespa Tools Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.94% increase. The company also saw a substantial improvement in profitability, with a 135.29% increase in profit. The company's net worth moved up by a moderate rise of 0.02%.

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
25.94%
Revenue from Operations
22.14%
Total Assets
7.67%
Profit or Loss
135.29%
Net Worth
0.02%
EBITDA
-11.40%

What is the Ownership and Shareholding Structure of Tespa Tools?

In 2023, Tespa Tools had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹173.12 M

Satisfied Charges

₹43.49 M

Charges Breakdown by Lending Institutions

  • Indian Bank : 11.36 Cr
  • Hdfc Bank Limited : 4.89 Cr
  • Siemens Financial Services Private Limited : 0.34 Cr
  • The Tamilnadu Industrial Investment Corporation Ltd : 0.30 Cr
  • Tamilnadu Industrial Investment Corporation Limited : 0.24 Cr
  • Others : 0.18 Cr

Latest Charge Details

DateLenderAmountStatus
28 Dec 2022Indian Bank₹0.60 MOpen
03 Jan 2019Indian Bank₹7.75 CrOpen
27 Jul 2017Hdfc Bank Limited₹4.89 CrOpen
07 May 2015Siemens Financial Services Private Limited₹3.35 MOpen
09 Apr 2012The Tamilnadu Industrial Investment Corporation Ltd₹3.00 MOpen

How Many Employees Work at Tespa Tools?

Tespa Tools has a workforce of 79 employees as of Mar 28, 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 Tespa Tools, 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 Tespa Tools'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 Tespa Tools

Recent activity within the organization

  • Annual General Meeting

    Tespa Tools Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Tespa Tools Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Indian Bank amounted to Rs. 0.60 M with Charge ID 100689069 was registered on 28 Dec 2022.

    28 Dec 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 48.93 M registered on 27 Jul 2017 with Charge ID 100151804 was modified on 02 Sep 2021.

    02 Sep 2021

  • Charges

    A charge with Indian Bank of Rs. 35.50 M registered on 23 Oct 1996 with Charge ID 90306412 was modified on 18 Mar 2020.

    18 Mar 2020

  • Charges

    A charge with Indian Bank of Rs. 77.50 M registered on 03 Jan 2019 with Charge ID 100237699 was modified on 27 Dec 2019.

    27 Dec 2019

Frequently asked questions

  • Tespa Tools Private Limited was incorporated on 04 Jul 1983.

  • The authorized share capital of Tespa Tools Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.85 M.

  • Currently 3 directors are associated with Tespa Tools Private Limited.

    • Sudendranath Sujith Shetty
    • Ashritha Sudeendranath Shetty
    • Kolyar Shetty Sudendranath
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tespa Tools Private Limited is D-105First Main RoadAnna Nagar East Madras-102, Tamil Nadu, India, 600102.

  • The corporate identification number (CIN) of Tespa Tools Private Limited is U29130TN1983PTC010122 and the company number is 010122 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tespa Tools Private Limited is https://www.tespaindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tespa Tools Private Limited has risen by 25.94%.

  • As Per 2023 financial reports, 79 employees are currently employed by Tespa Tools Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tespa Tools Private Limited has experienced an upsurge of 0.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tespa Tools Private Limited amount to ₹ 17.31 Cr.

  • The most recent Balance Sheet for Tespa Tools Private Limited was filed with the ROC on 31 Mar 2023.

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