Torrent Fincorp Private Limited

Provides financial services since 2011.

2011 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 30, 2024

Torrent Fincorp Profile

Key Indicators

  • Authorised Capital ₹ 52.50 Cr
  • Paid Up Capital ₹ 52.50 Cr
  • Company Age 13 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -25.62%
  • Profit Growth -14.73%
  • Ebitda 82.31%
  • Net Worth 4.01%
  • Total Assets 4.00%

About Torrent Fincorp

Torrent Fincorp Private Limited (TFPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 October 2011 and has a history of 13 years and three months. Its registered office is in Ahmedabad, Gujarat, India.

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 52.50 Cr and a paid-up capital of Rs 52.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Torrent Fincorp Private Limited India is Meera Gudka as COMPANY SECRETARY. Pradip Mehta and Saurabh Mashruwala serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65923GJ2011PTC067401

  • Company No.

    067401

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Oct 2011

  • Date of AGM

    30 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

Who are the key members and board of directors at Torrent Fincorp?

Executive Team (1)

NameDesignationAppointment DateStatus
Meera Gudka Country flag representing In Company Secretary20-Apr-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Pradip Mehta Country flag representing In Director 24-Dec-2015Current
Saurabh Mashruwala Country flag representing In Director 30-Apr-2021Current

Financial Performance of Torrent Fincorp.

Torrent Fincorp Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 25.62% decrease. The company also saw a substantial fall in profitability, with a 14.73% decrease in profit. The company's net worth moved up by a moderate rise of 4.01%.

Graph illustrating revenue growth over time
Graph showing 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
-25.62%
Revenue from Operations
Total Assets
4.00%
Profit or Loss
-14.73%
Net Worth
4.01%
EBITDA
82.31%

What is the Ownership and Shareholding Structure of Torrent Fincorp?

In 2020, Torrent Fincorp 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Torrent Fincorp?

Unlock and access historical data on people associated with Torrent Fincorp, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Torrent Fincorp, 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 Torrent Fincorp'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 Torrent Fincorp

Recent activity within the organization

  • Annual General Meeting

    Torrent Fincorp Private Limited last Annual general meeting of members was held on 30 Aug 2024 as per latest MCA records.

    30 Aug 2024

  • Director Appointment

    Meera Keval Gudka was appointed as a Company Secretary was appointed as a Company Secretary on 20 Apr 2024 & has been associated with this company since 9 months 12 days .

    20 Apr 2024

  • Balance Sheet

    Torrent Fincorp Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Saurabh Rameshbhai Mashruwala was appointed as a Director was appointed as a Director on 30 Apr 2021 & has been associated with this company since 3 years 9 months .

    30 Apr 2021

  • Director Appointment

    Pradip Jayantilal Mehta was appointed as a Director was appointed as a Director on 24 Dec 2015 & has been associated with this company since 9 years 1 month .

    24 Dec 2015

  • Company Incorporation

    Torrent Fincorp Private Limited was registered on 11 Oct 2011 with Roc Ahmedabad & aged 13 years 3 months as per MCA records.

    11 Oct 2011

Recent News, Updates & Announcement

Frequently asked questions

  • Torrent Fincorp Private Limited was incorporated on 11 Oct 2011.

  • The authorized share capital of Torrent Fincorp Private Limited is ₹ 52.50 Cr and paid-up capital is ₹ 52.50 Cr.

  • Currently 3 directors are associated with Torrent Fincorp Private Limited.

    • Pradip Jayantilal Mehta
    • Saurabh Rameshbhai Mashruwala
    • Meera Keval Gudka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Torrent Fincorp Private Limited is Samanvay 600Tapovan, Ambawadi India, Ahmedabad, Gujarat, 380015.

  • The corporate identification number (CIN) of Torrent Fincorp Private Limited is U65923GJ2011PTC067401 and the company number is 067401 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Torrent Fincorp Private Limited is https://www.torrentpower.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Torrent Fincorp Private Limited has fallen by -25.62%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Torrent Fincorp Private Limited has experienced an upsurge of 4.01%.

  • The most recent Balance Sheet for Torrent Fincorp Private Limited was filed with the ROC on 31 Mar 2024.

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