Torque Automotive Profile
Key Indicators
- Authorised Capital ₹ 7.50 Cr
- Paid Up Capital ₹ 1.62 Cr
- Company Age 18 Year, 18 Days
- Last Filing with ROC 31 Mar 2018
- Open Charges ₹ 202.26 Cr
- Satisfied Charges ₹ 141.95 Cr
- Revenue Growth -3.92%
- Profit Growth 15.32%
- Ebitda 0.25%
- Net Worth 3.52%
- Total Assets -9.49%
About Torque Automotive
Torque Automotive Private Limited (TAPL) is Under Cirp company established on 23 Apr 2007 with its office registered at Ahmedabad, Gujarat, India and has been running since 18 Year, 18 Days with a paid up capital of 1.62 Cr. According to MCA records, 2 Directors are linked to this company as of 15 Jan 2025.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40105GJ2007PTC050624
- Company No.
050624
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Apr 2007
- Date of AGM
29 Sep 2018
- Date of Balance Sheet
31 Mar 2018
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Automotive
What products or services does Torque Automotive Private Limited offer?
Torque Automotive Private Limited offers a wide range of products and services, including Designing Services, Car Body Design, Radiators & Accessories, Radiator Parts, Automotive Headlights, Xenon Headlight, Cars, Motor Cars, Interior Designers, Interior Decorators.
Torque Automotive Private Limited
Explore comprehensive data for Torque Automotive Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Torque Automotive?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kuren Amin  | Director | 23-Apr-2007 | Current |
| Chirag Karansingh | Additional Director | 25-Dec-2020 | Current |
Financial Performance of Torque Automotive.
Torque Automotive Private Limited, for the financial year ended 2018, experienced Minor drop in revenue, with a 3.92% decrease. The company also saw a substantial improvement in profitability, with a 15.32% increase in profit. The company's net worth moved up by a moderate rise of 3.52%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Torque Automotive?
In 2018, Torque Automotive had a promoter holding of 93.29% and a public holding of 6.71%. 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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- Torque International Llp
Kuren Amin is a mutual person
- Eco-Build Sustainable Products Private Limited
Kuren Amin is a mutual person
- Ontime Infrasolutions Private Limited
Kuren Amin is a mutual person
- Torque Autodrive Private Limited
Kuren Amin is a mutual person
Charges (Loans)
Open Charges
₹202.26 Cr
Satisfied Charges
₹141.95 Cr
Charges Breakdown by Lending Institutions
- Dena Bank : 112.92 Cr
- Others : 64.78 Cr
- State Bank Of India : 20.00 Cr
- Indiabulls Housing Finance Limited : 4.56 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Aug 2018 | Others | ₹3.71 Cr | Open |
| 06 Apr 2018 | State Bank Of India | ₹20.00 Cr | Open |
| 07 Feb 2016 | Others | ₹1.07 Cr | Open |
| 07 Jan 2015 | Indiabulls Housing Finance Limited | ₹4.56 Cr | Open |
| 29 Jun 2012 | Dena Bank | ₹56.46 Cr | Open |
How Many Employees Work at Torque Automotive?
Torque Automotive has a workforce of 220 employees as of Apr 06, 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 Torque Automotive, 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 Torque Automotive'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.
Latest Updates, News, and FAQs on Torque Automotive
Recent activity within the organization
- Charges
A charge with Others of Rs. 60.00 Cr registered on 22 Jun 2012 with Charge ID 10429365 was modified on 21 Oct 2022.
- Director Appointment
Chirag Barot Karansingh was appointed as a Additional Director was appointed as a Additional Director on 25 Dec 2020 & has been associated with this company since 4 years 4 months .
- Annual General Meeting
Torque Automotive Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 3.71 Cr with Charge ID 100198527 was registered on 27 Aug 2018.
- Charges
A charge with State Bank Of India amounted to Rs. 20.00 Cr with Charge ID 100181716 was registered on 06 Apr 2018.
- Balance Sheet
Torque Automotive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Ahmedabad.
Frequently asked questions
What is the Incorporation or founding date of Torque Automotive Private Limited?
Torque Automotive Private Limited was incorporated on 23 Apr 2007.
What is authorized share capital and paid-up capital of Torque Automotive Private Limited?
The authorized share capital of Torque Automotive Private Limited is ₹ 7.50 Cr and paid-up capital is ₹ 1.62 Cr.
Who are the current board members & directors of Torque Automotive Private Limited?
Currently 2 directors are associated with Torque Automotive Private Limited.
- Kuren Manishkumar Amin
- Chirag Barot Karansingh
What is the registered address of Torque Automotive Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Torque Automotive Private Limited is 2Nd Floor Mrudul Tower B/H. Times Of India Ashram Road, Ahmedabad, Gujarat, 380009.
What is the corporate identification number (CIN) and company number of Torque Automotive Private Limited?
The corporate identification number (CIN) of Torque Automotive Private Limited is U40105GJ2007PTC050624 and the company number is 050624 as per Ministry of Corporate Affairs (MCA).
What is the official website of Torque Automotive Private Limited?
The Official website of Torque Automotive Private Limited is https://www.torqueauto.in
What has been the recent revenue trend for Torque Automotive Private Limited?
According to the financial reports for the fiscal year 2018, the revenue trend for Torque Automotive Private Limited has fallen by -3.92%.
How many employees does Torque Automotive Private Limited currently have?
As Per 2018 financial reports, 220 employees are currently employed by Torque Automotive Private Limited.
What change has been observed in the net worth of Torque Automotive Private Limited, and by what percentage?
The financial reports for the fiscal year 2018 indicates that The net worth of Torque Automotive Private Limited has experienced an upsurge of 3.52%.
What are the total open charges for Torque Automotive Private Limited?
As per the financial statements for fiscal Year 2018, The total open charges for Torque Automotive Private Limited amount to ₹ 202.26 Cr.
When was the last Balance Sheet of Torque Automotive Private Limited filed with the ROC?
The most recent Balance Sheet for Torque Automotive Private Limited was filed with the ROC on 31 Mar 2018.
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