Torque Pharmaceuticals Private Limited

Manufacturer of pharmaceutical formulations, with manufacturing units in Baddi and Dera Bassi.

1986 | Chandigarh (India) | Active
Last Updated:

Torque Pharmaceuticals Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.11 M
  • Company Age 38 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 229.57 Cr
  • Satisfied Charges ₹ 68.04 Cr
  • Revenue Growth 0.21%
  • Profit Growth 13.36%
  • Ebitda 12.80%
  • Net Worth 22.89%
  • Total Assets 10.49%

About Torque Pharmaceuticals

Torque Pharmaceuticals Private Limited (TPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 November 1986 and has a history of 38 years and four months. Its registered office is in Chandigarh, India.

The Corporate was formerly known as Manil Organics Private Limited. The Company is engaged in the Pharma 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 1.00 Cr and a paid-up capital of Rs 7.11 M.

The company currently has active open charges totaling ₹229.57 Cr. The company has closed loans amounting to ₹68.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amariqbal Bedi and Mandeep Singh serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24119CH1986PTC007151

  • Company No.

    007151

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Nov 1986

  • Date of AGM

    31 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Pharma

What products or services does Torque Pharmaceuticals Private Limited offer?

Torque Pharmaceuticals Private Limited offers a wide range of products and services, including Ayurvedic, Herbal Oils and Cosmetics, Aloe Vera Cosmetics, Nutraceuticals & Dietary Supplements, Multivitamin Tablets & Capsules, Common Disease Medicines, Pharmaceutical Tablets, Anti Infective Drugs & Medicines, Antiviral Drugs, Ayurvedic,Herbal Products & Medicine, Ayurvedic Pain Relief Oil.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Amariqbal Bedi Country flag representing In Managing Director23-Aug-1989Current

Board Members (1)

NameDesignationAppointment DateStatus
Mandeep Singh Country flag representing Gb Director 05-Nov-2022Current

Financial Performance of Torque Pharmaceuticals.

Torque Pharmaceuticals Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.21% increase. The company also saw a substantial improvement in profitability, with a 13.36% increase in profit. The company's net worth Soared by an impressive increase of 22.89%.

Torque Pharmaceuticals revenue growth over time
Torque Pharmaceuticals 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
0.21%
Revenue from Operations
0.18%
Total Assets
10.49%
Profit or Loss
13.36%
Net Worth
22.89%
EBITDA
12.80%

What is the Ownership and Shareholding Structure of Torque Pharmaceuticals?

In 2023, Torque Pharmaceuticals had a promoter holding of 65.34% and a public holding of 34.65%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹229.57 Cr

Satisfied Charges

₹68.04 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 131.38 Cr
  • Hdfc Bank Limited : 83.86 Cr
  • Tata Capital Financial Services Limited : 7.00 Cr
  • Axis Bank Limited : 4.85 Cr
  • Others : 2.18 Cr
  • Others : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
30 Apr 2023Axis Bank Limited₹7.99 MOpen
10 Feb 2023Axis Bank Limited₹1.49 CrOpen
06 Jun 2022State Bank Of India₹6.55 CrOpen
23 Feb 2022Axis Bank Limited₹2.20 CrOpen
28 Jan 2022Tata Capital Financial Services Limited₹2.00 CrOpen

How Many Employees Work at Torque Pharmaceuticals?

Torque Pharmaceuticals has a workforce of 1024 employees as of Jul 23, 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 Pharmaceuticals Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 6.55 Cr registered on 06 Jun 2022 with Charge ID 100584563 was modified on 19 Mar 2024.

  • Charges

    A charge with State Bank Of India of Rs. 7.33 Cr registered on 27 Jan 2021 with Charge ID 100412858 was modified on 19 Mar 2024.

  • Charges

    A charge with State Bank Of India of Rs. 105.50 Cr registered on 29 Nov 2012 with Charge ID 10397471 was modified on 19 Mar 2024.

  • Annual General Meeting

    Torque Pharmaceuticals Private Limited last Annual general meeting of members was held on 31 Dec 2023 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 83.06 Cr registered on 16 Feb 2018 with Charge ID 100179834 was modified on 30 Nov 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.80 Cr with Charge ID 100724856 was registered on 30 Apr 2023.

Recent News, Updates & Announcement

Frequently asked questions

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

    Torque Pharmaceuticals Private Limited was incorporated on 20 Nov 1986.

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

    The authorized share capital of Torque Pharmaceuticals Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.11 M.

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

    Currently 2 directors are associated with Torque Pharmaceuticals Private Limited.

    • Amariqbal Singh Bedi
    • Mandeep Singh

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Torque Pharmaceuticals Private Limited is 693 Phase Ii Industrial Area India, Chandigarh, 160002.

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

    The corporate identification number (CIN) of Torque Pharmaceuticals Private Limited is U24119CH1986PTC007151 and the company number is 007151 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Torque Pharmaceuticals Private Limited?

    The Official website of Torque Pharmaceuticals Private Limited is https://www.torquepharma.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Torque Pharmaceuticals Private Limited has risen by 0.21%.

  • How many employees does Torque Pharmaceuticals Private Limited currently have?

    As Per 2023 financial reports, 1024 employees are currently employed by Torque Pharmaceuticals Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Torque Pharmaceuticals Private Limited has experienced an upsurge of 22.89%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Torque Pharmaceuticals Private Limited amount to ₹ 229.57 Cr.

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

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

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