Torque Commercial Vehicles Private Limited

Authorized dealer for Isuzu cars, offering various models and trading motor vehicle parts and accessories.

2014 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Torque Commercial Vehicles Profile

Key Indicators

  • Authorised Capital ₹ 7.25 Cr
  • Paid Up Capital ₹ 3.26 Cr
  • Company Age 10 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.00 Cr
  • Satisfied Charges ₹ 15.32 Cr
  • Revenue Growth -10.80%
  • Profit Growth 755.01%
  • Ebitda 219.73%
  • Net Worth 6.74%
  • Total Assets -23.30%

About Torque Commercial Vehicles

Torque Commercial Vehicles Private Limited (TCVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 December 2014 and has a history of Ten years and four months. Its registered office is in Ahmedabad, Gujarat, 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 2024. It's a company limited by shares with an authorized capital of Rs 7.25 Cr and a paid-up capital of Rs 3.26 Cr.

The company currently has active open charges totaling ₹7.00 Cr. The company has closed loans amounting to ₹15.32 Cr, as per Ministry of Corporate Affairs (MCA) records.

Priti Amin, Chhatrapalsinh Jadeja, and Tanaya Amin serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50102GJ2014PTC081649

  • Company No.

    081649

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Dec 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive
Company report

Torque Commercial Vehicles Private Limited

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

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

Board Members (3)

NameDesignationAppointment DateStatus
Priti Amin Country flag representing In Director 11-Jul-2024Current
Chhatrapalsinh Jadeja Country flag representing In Director 28-Jan-2022Current
Tanaya Amin Country flag representing In Director 11-Jul-2024Current

Financial Performance of Torque Commercial Vehicles.

Torque Commercial Vehicles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.8% decrease. The company also saw a substantial improvement in profitability, with a 755.01% increase in profit. The company's net worth moved up by a moderate rise of 6.74%.

Torque Commercial Vehicles revenue growth over time
Torque Commercial Vehicles 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
-10.80%
Revenue from Operations
-8.96%
Total Assets
-23.30%
Profit or Loss
755.01%
Net Worth
6.74%
EBITDA
219.73%

What is the Ownership and Shareholding Structure of Torque Commercial Vehicles?

In 2023, Torque Commercial Vehicles 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

₹7.00 Cr

Satisfied Charges

₹15.32 Cr

Charges Breakdown by Lending Institutions

  • New India Co-Op Bank Limited : 7.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Sep 2024New India Co-Op Bank Limited₹7.00 CrOpen
17 Jun 2020Others₹1.60 MSatisfied
17 Jun 2020Others₹1.60 MSatisfied
30 Dec 2017State Bank Of India₹15.00 CrSatisfied

How Many Employees Work at Torque Commercial Vehicles?

Torque Commercial Vehicles has a workforce of 96 employees as of Mar 29, 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.

Employee growth trends for Torque Commercial Vehicles Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Torque Commercial Vehicles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with New India Co-Op Bank Limited amounted to Rs. 7.00 Cr with Charge ID 100996056 was registered on 11 Sep 2024.

  • Director Appointment

    Priti Kurendu Amin was appointed as a Director was appointed as a Director on 11 Jul 2024 & has been associated with this company since 9 months 25 days .

  • Director Appointment

    Tanaya Kuren Amin was appointed as a Director was appointed as a Director on 11 Jul 2024 & has been associated with this company since 9 months 25 days .

  • Balance Sheet

    Torque Commercial Vehicles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 17 Jun 2020 via Charge ID 100361804 with Others was fully satisfied on 25 Jul 2023.

Frequently asked questions

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

    Torque Commercial Vehicles Private Limited was incorporated on 24 Dec 2014.

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

    The authorized share capital of Torque Commercial Vehicles Private Limited is ₹ 7.25 Cr and paid-up capital is ₹ 3.26 Cr.

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

    Currently 3 directors are associated with Torque Commercial Vehicles Private Limited.

    • Priti Kurendu Amin
    • Chhatrapalsinh Jagatsinh Jadeja
    • Tanaya Kuren Amin

  • What is the registered address of Torque Commercial Vehicles Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Torque Commercial Vehicles Private Limited is 253 Opp. S/S Near Railway Crossing Village:, Taluka: Sanand India, Sanathal, Gujarat, 382210.

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

    The corporate identification number (CIN) of Torque Commercial Vehicles Private Limited is U50102GJ2014PTC081649 and the company number is 081649 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Torque Commercial Vehicles Private Limited?

    The Official website of Torque Commercial Vehicles Private Limited is https://www.torqueisuzu.in

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Torque Commercial Vehicles Private Limited has fallen by -10.80%.

  • How many employees does Torque Commercial Vehicles Private Limited currently have?

    As Per 2023 financial reports, 96 employees are currently employed by Torque Commercial Vehicles Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Torque Commercial Vehicles Private Limited has experienced an upsurge of 6.74%.

  • What are the total open charges for Torque Commercial Vehicles Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Torque Commercial Vehicles Private Limited amount to ₹ 7.00 Cr.

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

    The most recent Balance Sheet for Torque Commercial Vehicles Private Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Auto Dealership & Trading