Torna Developers Private Limited

Real estate development and construction services in Mumbai, Maharashtra.

2019 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Torna Developers Profile

Key Indicators

  • Authorised Capital ₹ 43.32 Cr
  • Paid Up Capital ₹ 40.68 Cr
  • Company Age 5 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 150.00 Cr
  • Revenue Growth -14.51%
  • Profit Growth -369.36%
  • Ebitda -452.18%
  • Net Worth 17.19%
  • Total Assets 20.76%

About Torna Developers

Torna Developers Private Limited (TDPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 September 2019 (Five years and five months 8 days old ). Its registered office is in Mumbai, Maharashtra, India.

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.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • 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

Real Estate and Construction

Who are the key members and board of directors at Torna Developers?

Executive Team (1)

NameDesignationAppointment DateStatus
Anjali Bhadoriya Company Secretary09-May-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Karim Merchant Country flag representing In Nominee Director 08-Nov-2019Current
Ashwin Puri Country flag representing In Nominee Director 08-Nov-2019Current
Koshtishwaran Iyer Country flag representing In Nominee Director 31-May-2021Current

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%.

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
-14.51%
Revenue from Operations
Total Assets
20.76%
Profit or Loss
-369.36%
Net Worth
17.19%
EBITDA
-452.18%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹150.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 150.00 Cr

Latest Charge Details

DateLenderAmountStatus
02 Nov 2022Idbi Trusteeship Services Limited₹150.00 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Torna Developers

Recent activity within the organization

  • Annual General Meeting

    Torna Developers Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Balance Sheet

    Torna Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Idbi Trusteeship Services Limited amounted to Rs. 150.00 Cr with Charge ID 100629752 was registered on 02 Nov 2022.

    02 Nov 2022

  • Director Appointment

    Anjali Bhadoriya was appointed as a Company Secretary was appointed as a Company Secretary on 09 May 2022 & has been associated with this company since 2 years 9 months .

    09 May 2022

  • Director Appointment

    Koshtishwaran Iyer was appointed as a Nominee Director was appointed as a Nominee Director on 31 May 2021 & has been associated with this company since 3 years 8 months .

    31 May 2021

  • Director Appointment

    Ashwin Puri was appointed as a Nominee Director was appointed as a Nominee Director on 08 Nov 2019 & has been associated with this company since 5 years 3 months .

    08 Nov 2019

Frequently asked questions

  • Torna Developers Private Limited was incorporated on 17 Sep 2019.

  • The authorized share capital of Torna Developers Private Limited is ₹ 43.32 Cr and paid-up capital is ₹ 40.68 Cr.

  • Currently 4 directors are associated with Torna Developers Private Limited.

    • Ashwin Puri
    • Karim Kasimali Merchant
    • Koshtishwaran Iyer
    • Anjali Bhadoriya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Torna Developers Private Limited is 16 Flr 1611 1612 B C Wing C/66 G Block One Bkc Opp Bank Of Baroda Bandra(E), India, Mumbai, Maharashtra, 400051.

  • The corporate identification number (CIN) of Torna Developers Private Limited is U45400MH2019PTC330659 and the company number is 330659 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Torna Developers Private Limited has fallen by -14.51%.

  • As Per 2023 financial reports, 22 employees are currently employed by Torna Developers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Torna Developers Private Limited has experienced an upsurge of 17.19%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Torna Developers Private Limited amount to ₹ 150.00 Cr.

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

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