Torrent Fincorp Profile
Key Indicators
- Authorised Capital ₹ 52.50 Cr
- Paid Up Capital ₹ 52.50 Cr
- Company Age 13 Year, 4 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 four 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
- Website
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Meera Gudka  | Company Secretary | 20-Apr-2024 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pradip Mehta | Director | 24-Dec-2015 | Current |
| Saurabh Mashruwala | Director | 30-Apr-2021 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Surya Vidyut LimitedSaurabh Mashruwala is a mutual person
Torrent Urja 7 Private LimitedPradip Mehta and Saurabh Mashruwala are mutual person
Gujarat Lease Financing LimitedSaurabh Mashruwala is a mutual person
- Torrent Solargen Limited
Pradip Mehta is a mutual person
- Torrent Pipavav Generation Limited
Pradip Mehta and Saurabh Mashruwala are mutual person
- Torrent Solar Power Private Limited
Saurabh Mashruwala is a mutual person
Charges (Loans)
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.
Deals i
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
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.
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.
- 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 10 months 11 days .
- Balance Sheet
Torrent Fincorp Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- 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 10 months .
- 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 2 months .
- Company Incorporation
Torrent Fincorp Private Limited was registered on 11 Oct 2011 with Roc Ahmedabad & aged 13 years 4 months as per MCA records.
Recent News, Updates & Announcement
- Torrent Power Bags 306 MW Solar Project Worth ₹1,540 Cr.
The project will be commissioned within 18 months at an estimated cost of Rs 1,540 crore..
- Torrent Power raises Rs 700 cr via NCDs.
Torrent Power on Wednesday said it has raised Rs 700 crore through Non-Convertible Debentures (NCDs) issued on a private placement basis. The NCDs are proposed....
- Torrent Power raises Rs 750 cr via non-convertible debentures.
Torrent Power has raised Rs 750 crore through the issuance of non-convertible debentures on a private placement basis. Company has issued and allotted Series ....
Frequently asked questions
What is the Incorporation or founding date of Torrent Fincorp Private Limited?
Torrent Fincorp Private Limited was incorporated on 11 Oct 2011.
What is authorized share capital and paid-up capital of Torrent Fincorp Private Limited?
The authorized share capital of Torrent Fincorp Private Limited is ₹ 52.50 Cr and paid-up capital is ₹ 52.50 Cr.
Who are the current board members & directors of Torrent Fincorp Private Limited?
Currently 3 directors are associated with Torrent Fincorp Private Limited.
- Pradip Jayantilal Mehta
- Saurabh Rameshbhai Mashruwala
- Meera Keval Gudka
What is the registered address of Torrent Fincorp Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Torrent Fincorp Private Limited is Samanvay 600Tapovan, Ambawadi India, Ahmedabad, Gujarat, 380015.
What is the corporate identification number (CIN) and company number of Torrent Fincorp Private Limited?
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).
What is the official website of Torrent Fincorp Private Limited?
The Official website of Torrent Fincorp Private Limited is https://www.torrentpower.com
What has been the recent revenue trend for Torrent Fincorp Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Torrent Fincorp Private Limited has fallen by -25.62%.
What change has been observed in the net worth of Torrent Fincorp Private Limited, and by what percentage?
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%.
When was the last Balance Sheet of Torrent Fincorp Private Limited filed with the ROC?
The most recent Balance Sheet for Torrent Fincorp Private Limited was filed with the ROC on 31 Mar 2024.
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