Torque Insurance Brokers Profile
Key Indicators
- Authorised Capital ₹ 1.10 Cr
- Paid Up Capital ₹ 7.50 M
- Company Age 12 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.68 M
- Revenue Growth 266.34%
- Profit Growth 213.87%
- Ebitda 494.20%
- Net Worth 14.65%
- Total Assets 51.65%
About Torque Insurance Brokers
Torque Insurance Brokers Private Limited (TIBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 July 2012 and has a history of 12 years and seven months. Its registered office is in Surat, Gujarat, India.
The Corporate was formerly known as Torque Insurance Services Private Limited. The Company is engaged in the Financial Services 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 1.10 Cr and a paid-up capital of Rs 7.50 M.
The company currently has active open charges totaling ₹1.68 M.
Ravindra Tyagi and Yogendra Tyagi serve as directors at the Company.
Company Details
- Location
Surat, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U66000GJ2012PTC071150
- Company No.
071150
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Jul 2012
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Torque Insurance Brokers?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravindra Tyagi  | Director | 12-Mar-2022 | Current |
| Yogendra Tyagi | Director | 14-Mar-2018 | Current |
Financial Performance of Torque Insurance Brokers.
Torque Insurance Brokers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 266.34% increase. The company also saw a substantial improvement in profitability, with a 213.87% increase in profit. The company's net worth Soared by an impressive increase of 14.65%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Torque Insurance Brokers?
In 2023, Torque Insurance Brokers 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)
Nexgen Risk Management Services LlpRavindra Tyagi is a mutual person
Charges (Loans)
₹0.17 Cr
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 0.17 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Apr 2022 | Hdfc Bank Limited | ₹1.68 M | Open |
How Many Employees Work at Torque Insurance Brokers?
Unlock and access historical data on people associated with Torque Insurance Brokers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Torque Insurance Brokers, 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 Insurance Brokers'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.
