Torque Minerals Private Limited

Company trades, imports, and exports iron ore, metals, and minerals for mining and retail purposes.

2017 | Khorda, Odisha (India) | Active
Last Updated:

Torque Minerals Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.31 Cr
  • Company Age 8 Year, 2 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 (Eight years and two months 3 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

Metals and Minerals
Company report

Torque Minerals Private Limited

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

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

Board Members (2)

NameDesignationAppointment DateStatus
Kiran Jena Country flag representing In Director 18-Oct-2018Current
Sitesh Pradhan Country flag representing In Director 09-Mar-2017Current

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%.

Torque Minerals revenue growth over time
Torque Minerals 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
-71.90%
Revenue from Operations
-71.90%
Total Assets
0.32%
Profit or Loss
-87.18%
Net Worth
7.11%
EBITDA
-73.45%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.57 Cr

Satisfied Charges

₹5.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 6.57 Cr

Latest Charge Details

DateLenderAmountStatus
21 Sep 2022Others₹6.00 CrOpen
19 May 2022Others₹5.70 MOpen
24 May 2022Axis Bank Limited₹5.00 CrSatisfied

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.

Employee growth trends for Torque Minerals Private Limited

Deals i

Graph showing company valuation over time

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

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 Minerals

Recent activity within the organization

  • Annual General Meeting

    Torque Minerals Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Torque Minerals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

  • Charges

    A charge registered on 24 May 2022 via Charge ID 100577915 with Axis Bank Limited was fully satisfied on 04 Nov 2022.

  • Charges

    A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100623241 was registered on 21 Sep 2022.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100577915 was registered on 24 May 2022.

  • Charges

    A charge with Others amounted to Rs. 0.57 Cr with Charge ID 100581327 was registered on 19 May 2022.

Frequently asked questions

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

    Torque Minerals Private Limited was incorporated on 09 Mar 2017.

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

    The authorized share capital of Torque Minerals Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.31 Cr.

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

    Currently 2 directors are associated with Torque Minerals Private Limited.

    • Kiran Jena
    • Sitesh Kumar Pradhan

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Torque Minerals Private Limited is 1111 11Th Floor, Dlf Cybercity Patia India, Bhubaneswar, Orissa, 751003.

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

    The corporate identification number (CIN) of Torque Minerals Private Limited is U13100OR2017PTC026696 and the company number is 026696 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Torque Minerals Private Limited has fallen by -71.90%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Torque Minerals Private Limited has experienced an upsurge of 7.11%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Torque Minerals Private Limited amount to ₹ 6.57 Cr.

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

    The most recent Balance Sheet for Torque Minerals Private Limited was filed with the ROC on 31 Mar 2023.

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