Torque Automotive Private Limited logo

Torque Automotive Private Limited

Authorized car dealer with showrooms and service centers in Gujarat, including a 3S facility in Ahmedabad.
2007 | Ahmedabad, Gujarat (India) | Under Insolvency

Last Updated:

April 26, 2024
HomeCompanyTorque Automotive Private Limited

Who are the key members and board of directors at Torque Automotive?

Board Members(2)

NameDesignationAppointment DateStatus
Chirag Karansingh In Additional Director 25-Dec-2020Current
Kuren Amin In Director 23-Apr-2007Current

Financial Performance and Corporate Structure Insights 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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-3.92%
Revenue from Operations
-4.02%
Total Assets
-9.49%
Profit or Loss
15.32%
Net Worth
3.52%
EBITDA
0.25%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹202.26 Cr

₹141.95 Cr

LenderAmountStatus

Others

Creation Date: 27 Aug 2018
₹3.71 CrOpen

State Bank Of India

Creation Date: 06 Apr 2018
₹20.00 CrOpen

Others

Creation Date: 07 Feb 2016
₹1.07 CrOpen

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.

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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.

    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 3 years 11 months .

    25 Dec 2020

  • Annual General Meeting

    Torque Automotive Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

    29 Sep 2018

  • Charges

    A charge with Others amounted to Rs. 3.71 Cr with Charge ID 100198527 was registered on 27 Aug 2018.

    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.

    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.

    31 Mar 2018

Frequently asked questions

  • Torque Automotive Private Limited was incorporated on 23 Apr 2007.

  • The authorized share capital of Torque Automotive Private Limited is ₹ 7.50 Cr and paid-up capital is ₹ 1.62 Cr.

  • Currently 2 directors are associated with Torque Automotive Private Limited.

    • Chirag Barot Karansingh
    • Kuren Manishkumar Amin
  • 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.

  • 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).

  • The Official website of Torque Automotive Private Limited is https://www.torqueauto.in

  • According to the financial reports for the fiscal year 2018, the revenue trend for Torque Automotive Private Limited has fallen by -3.92%.

  • As Per 2018 financial reports, 220 employees are currently employed by Torque Automotive Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Torque Automotive Private Limited amount to ₹ 202.26 Cr.

  • The most recent Balance Sheet for Torque Automotive Private Limited was filed with the ROC on 31 Mar 2018.

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