Torque Minerals Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.31 Cr
- Company Age 7 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.57 Cr
- Satisfied Charges ₹ 5.00 Cr
- Revenue Growth -71.90%
- Profit Growth -87.18%
- Ebitda -73.45%
- Net Worth 7.11%
- Total Assets 0.32%
About Torque Minerals
Torque Minerals Private Limited (TMPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 March 2017 (Seven years and 11 months 2 days old ). Its registered office is in Khorda, Odisha, India.
The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.31 Cr.
The company currently has active open charges totaling ₹6.57 Cr. The company has closed loans amounting to ₹5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kiran Jena and Sitesh Pradhan serve as directors at the Company.
Company Details
-
Location
Khorda, Odisha, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U13100OR2017PTC026696
-
Company No.
026696
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
09 Mar 2017
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Cuttack
Industry
Who are the key members and board of directors at Torque Minerals?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kiran Jena
|
Director | 18-Oct-2018 | Current |
|
Sitesh Pradhan
|
Director | 09-Mar-2017 | Current |
Financial Performance of Torque Minerals.
Torque Minerals Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 71.9% decrease. The company also saw a substantial fall in profitability, with a 87.18% decrease in profit. The company's net worth moved up by a moderate rise of 7.11%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(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 Minerals?
In 2023, Torque Minerals 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)
-
Opal Mining Private LimitedSitesh Pradhan is a mutual person
-
Gleancore Minerals Private Limited
Sitesh Pradhan is a mutual person
Charges (Loans)
₹6.57 Cr
₹5.00 Cr
Charges Breakdown by Lending Institutions
- Others : 6.57 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Sep 2022 | Others | ₹6.00 Cr | Open |
| 19 May 2022 | Others | ₹5.70 M | Open |
| 24 May 2022 | Axis Bank Limited | ₹5.00 Cr | Satisfied |
How Many Employees Work at Torque Minerals?
Unlock and access historical data on people associated with Torque Minerals, 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 Minerals, 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 Minerals'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.
