Torna Developers Profile
Key Indicators
- Authorised Capital ₹ 43.32 Cr
as on 24-10-2024
- Paid Up Capital ₹ 40.68 Cr
as on 24-10-2024
- Company Age 5 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 150.00 Cr
as on 24-10-2024
- Revenue -14.51%
(FY 2023)
- Profit -369.36%
(FY 2023)
- Ebitda -452.18%
(FY 2023)
- Net Worth 17.19%
(FY 2023)
- Total Assets 20.76%
(FY 2023)
About Torna Developers
The Company is engaged in the Real Estate And Construction 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 43.32 Cr and a paid-up capital of Rs 40.68 Cr.
The company currently has active open charges totaling ₹150.00 Cr.
The Key Managerial Personnel (KMP) at Torna Developers Private Limited India is Anjali Bhadoriya as COMPANY SECRETARY. Ashwin Puri, Karim Merchant, and Koshtishwaran Iyer serve as directors at the Company.
- CIN/LLPIN
U45400MH2019PTC330659
- Company No.
330659
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Sep 2019
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Torna Developers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anjali Bhadoriya | Company Secretary | 09-May-2022 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Karim Merchant  | Nominee Director | 08-Nov-2019 | Current |
| Ashwin Puri | Nominee Director | 08-Nov-2019 | Current |
| Koshtishwaran Iyer | Nominee Director | 31-May-2021 | Current |
Financial Performance of Torna Developers.
Torna Developers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.51% decrease. The company also saw a substantial fall in profitability, with a 369.36% decrease in profit. The company's net worth Soared by an impressive increase of 17.19%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Torna Developers?
In 2023, Torna Developers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Lake Shore India Management Private LimitedActive 11 years 7 monthsAshwin Puri and Karim Merchant are mutual person
Kukatpally Developers Private LimitedActive 14 years 9 monthsAshwin Puri, Karim Merchant and 1 more are mutual person
Visapur Developers Private LimitedActive 1 year 9 monthsAshwin Puri, Karim Merchant and 1 more are mutual person
- Salsette Developers Private LimitedActive 12 years 11 months
Ashwin Puri, Karim Merchant and 1 more are mutual person
- Kenchenhalli Realtors Private LimitedActive 2 years 2 months
Ashwin Puri, Karim Merchant and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Idbi Trusteeship Services Limited Creation Date: 02 Nov 2022 | ₹150.00 Cr | Open |
How Many Employees Work at Torna Developers?
Torna Developers has a workforce of 22 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Torna Developers, 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 Torna Developers'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.
