Torque Commercial Vehicles Profile
Key Indicators
- Authorised Capital ₹ 7.25 Cr
as on 16-11-2024
- Paid Up Capital ₹ 3.26 Cr
as on 16-11-2024
- Company Age 9 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7.00 Cr
as on 16-11-2024
- Satisfied Charges ₹ 15.32 Cr
as on 16-11-2024
- Revenue -10.80%
(FY 2023)
- Profit 755.01%
(FY 2023)
- Ebitda 219.73%
(FY 2023)
- Net Worth 6.74%
(FY 2023)
- Total Assets -23.30%
(FY 2023)
About Torque Commercial Vehicles
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.
- 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
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Torque Commercial Vehicles?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Priti Amin  | Director | 11-Jul-2024 | Current |
| Chhatrapalsinh Jadeja | Director | 28-Jan-2022 | Current |
| Tanaya Amin | Director | 11-Jul-2024 | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
New India Co-Op Bank Limited Creation Date: 11 Sep 2024 | ₹7.00 Cr | Open |
Others Creation Date: 17 Jun 2020 | ₹1.60 M | Satisfied |
Others Creation Date: 17 Jun 2020 | ₹1.60 M | Satisfied |
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.
Deals i
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
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.
