Tork Motors Private Limited

Designs and manufactures electric motorcycles and three-wheeler electric drive vehicles, offers engineering solutions and technical consulting.

2010 | Pune, Maharashtra (India) | Active
Last Updated: August 21, 2024

Tork Motors Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 0.42 M
  • Company Age 14 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 40.00 Cr
  • Revenue Growth 528.80%
  • Profit Growth -464.46%
  • Ebitda -452.03%
  • Net Worth -97.18%
  • Total Assets 21.16%

About Tork Motors

Tork Motors Private Limited (TMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 March 2010 and has a history of 14 years and 11 months. Its registered office is in Pune, Maharashtra, India.

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 3.00 M and a paid-up capital of Rs 0.42 M.

The company currently has active open charges totaling ₹40.00 Cr.

Kapil Shelke, Sunil Kulkarni, Keerthi Gautham, and One other member serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    torkmotors.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34104PN2010PTC135855

  • Company No.

    135855

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Mar 2010

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Automotive

What products or services does Tork Motors Private Limited offer?

Tork Motors Private Limited offers a wide range of products and services, including Intermediate and Light Commercial Vehicles, Motor Vehicles, Manpower Service, Technical Consultancy Services, Designing Services, Engineering Solution.

Who are the key members and board of directors at Tork Motors?

Executive Team (1)

NameDesignationAppointment DateStatus
Kapil Shelke Country flag representing In Managing Director22-Mar-2010Current

Board Members (3)

NameDesignationAppointment DateStatus
Sunil Kulkarni Country flag representing In Nominee Director 27-Jul-2023Current
Keerthi Gautham Country flag representing In Nominee Director 18-Aug-2021Current
Santosh Singh Country flag representing In Nominee Director 24-Jul-2023Current

Financial Performance of Tork Motors.

Tork Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 528.8% increase. The company also saw a substantial fall in profitability, with a 464.46% decrease in profit. The company's net worth observed a substantial decline by a decrease of 97.18%.

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
528.80%
Revenue from Operations
599.35%
Total Assets
21.16%
Profit or Loss
-464.46%
Net Worth
-97.18%
EBITDA
-452.03%

What is the Ownership and Shareholding Structure of Tork Motors?

In 2023, Tork Motors had a promoter holding of 26.98% and a public holding of 73.02%. 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

₹400.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 40.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Apr 2023Others₹10.00 CrOpen
29 Jul 2022Others₹30.00 CrOpen

How Many Employees Work at Tork Motors?

Tork Motors has a workforce of 208 employees as of Aug 21, 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 Tork Motors, 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 Tork Motors'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 Tork Motors

Recent activity within the organization

  • Annual General Meeting

    Tork Motors Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

  • Director Appointment

    Sunil Nilkanth Kulkarni was appointed as a Nominee Director was appointed as a Nominee Director on 27 Jul 2023 & has been associated with this company since 1 year 6 months .

    27 Jul 2023

  • Director Appointment

    Santosh Kumar Singh was appointed as a Nominee Director was appointed as a Nominee Director on 24 Jul 2023 & has been associated with this company since 1 year 7 months .

    24 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 100.00 M with Charge ID 100713225 was registered on 28 Apr 2023.

    28 Apr 2023

  • Balance Sheet

    Tork Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 300.00 M with Charge ID 100602400 was registered on 29 Jul 2022.

    29 Jul 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Tork Motors Private Limited was incorporated on 22 Mar 2010.

  • The authorized share capital of Tork Motors Private Limited is ₹ 3.00 M and paid-up capital is ₹ 0.42 M.

  • Currently 4 directors are associated with Tork Motors Private Limited.

    • Kapil Chandrakant Shelke
    • Sunil Nilkanth Kulkarni
    • Keerthi Kiran Gautham
    • Santosh Kumar Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tork Motors Private Limited is Plot No. 4/25 Sector No.10 Pcntda, Pune, Maharashtra, India, 411026.

  • The corporate identification number (CIN) of Tork Motors Private Limited is U34104PN2010PTC135855 and the company number is 135855 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tork Motors Private Limited is https://www.torkmotors.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tork Motors Private Limited has risen by 528.80%.

  • As Per 2023 financial reports, 208 employees are currently employed by Tork Motors Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tork Motors Private Limited has experienced an downturn of -97.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tork Motors Private Limited amount to ₹ 40.00 Cr.

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

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