Torque Bikes Private Limited

Company specializes in buying, selling, and distributing various types of vehicles and parts.

2013 | Amritsar, Punjab (India) | Active
Last Updated:

Torque Bikes Profile

Key Indicators

  • Authorised Capital ₹ 2.40 M
  • Paid Up Capital ₹ 0.15 M
  • Company Age 12 Year, 2 Months
  • Last Filing with ROC 31 Mar 2016
  • Satisfied Charges ₹ 7.50 M
  • Revenue Growth 114.56%
  • Profit Growth -4608.76%
  • Ebitda -191.35%
  • Net Worth -932.22%
  • Total Assets 347.68%

About Torque Bikes

Torque Bikes Private Limited (TBPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 January 2013 and has a history of 12 years and two months. Its registered office is in Amritsar, Punjab, 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 2016. It's a company limited by shares with an authorized capital of Rs 2.40 M and a paid-up capital of Rs 0.15 M.

The company has closed loans amounting to ₹7.50 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Diljot Chadha, Gurvansh Chadha, and Jaswinder Singh serve as directors at the Company.

Company Details

  • Location

    Amritsar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50100PB2013PTC037018

  • Company No.

    037018

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Jan 2013

  • Date of AGM

    30 Sep 2016

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive
Company report

Torque Bikes Private Limited

Explore comprehensive data for Torque Bikes Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Diljot Chadha Country flag representing In Director 08-Jan-2013Current
Gurvansh Chadha Country flag representing In Director 08-Jul-2017Current
Jaswinder Singh Country flag representing In Director 13-Apr-2017Current

Financial Performance of Torque Bikes.

Torque Bikes Private Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 114.56% increase. The company also saw a substantial fall in profitability, with a 4608.76% decrease in profit. The company's net worth observed a substantial decline by a decrease of 932.22%.

Torque Bikes revenue growth over time
Torque Bikes 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
114.56%
Revenue from Operations
109.31%
Total Assets
347.68%
Profit or Loss
-4608.76%
Net Worth
-932.22%
EBITDA
-191.35%

What is the Ownership and Shareholding Structure of Torque Bikes?

In 2016, Torque Bikes 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

₹0

Satisfied Charges

₹7.50 M

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 0.75 Cr

Latest Charge Details

DateLenderAmountStatus
07 Jul 2015Yes Bank Limited₹7.50 MSatisfied

How Many Employees Work at Torque Bikes?

Unlock and access historical data on people associated with Torque Bikes, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Torque Bikes Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Torque Bikes, 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 Bikes'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 Torque Bikes

Recent activity within the organization

  • Charges

    A charge registered on 07 Jul 2015 via Charge ID 10615331 with Yes Bank Limited was fully satisfied on 24 Sep 2018.

  • Director Appointment

    Gurvansh Singh Chadha was appointed as a Director was appointed as a Director on 08 Jul 2017 & has been associated with this company since 7 years 8 months .

  • Director Appointment

    Jaswinder Singh was appointed as a Director was appointed as a Director on 13 Apr 2017 & has been associated with this company since 7 years 11 months .

  • Annual General Meeting

    Torque Bikes Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.

  • Balance Sheet

    Torque Bikes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Chandigarh.

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 7.50 M with Charge ID 10615331 was registered on 07 Jul 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Torque Bikes Private Limited?

    Torque Bikes Private Limited was incorporated on 08 Jan 2013.

  • What is authorized share capital and paid-up capital of Torque Bikes Private Limited?

    The authorized share capital of Torque Bikes Private Limited is ₹ 2.40 M and paid-up capital is ₹ 0.15 M.

  • Who are the current board members & directors of Torque Bikes Private Limited?

    Currently 3 directors are associated with Torque Bikes Private Limited.

    • Diljot Singh Chadha
    • Gurvansh Singh Chadha
    • Jaswinder Singh

  • What is the registered address of Torque Bikes Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Torque Bikes Private Limited is Chadha Group, Near Veer Bhan Shivala Inside Ghee Mandi India, Amritsar, Punjab, 143001.

  • What is the corporate identification number (CIN) and company number of Torque Bikes Private Limited?

    The corporate identification number (CIN) of Torque Bikes Private Limited is U50100PB2013PTC037018 and the company number is 037018 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Torque Bikes Private Limited?

    According to the financial reports for the fiscal year 2016, the revenue trend for Torque Bikes Private Limited has risen by 114.56%.

  • What change has been observed in the net worth of Torque Bikes Private Limited, and by what percentage?

    The financial reports for the fiscal year 2016 indicates that The net worth of Torque Bikes Private Limited has experienced an downturn of -932.22%.

  • When was the last Balance Sheet of Torque Bikes Private Limited filed with the ROC?

    The most recent Balance Sheet for Torque Bikes Private Limited was filed with the ROC on 31 Mar 2016.

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