Torrent Investments Profile
Key Indicators
- Authorised Capital ₹ 141.00 Cr
- Paid Up Capital ₹ 6.37 M
- Company Age 40 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.14 Cr
- Satisfied Charges ₹ 3,027.38 Cr
- Revenue Growth 41.16%
- Profit Growth 39.95%
- Ebitda 38.65%
- Net Worth 26.97%
- Total Assets 12.24%
About Torrent Investments
Torrent Investments Private Limited (TIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 January 1985 and has a history of 40 years and three months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Torrent Private Limited. 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 141.00 Cr and a paid-up capital of Rs 6.37 M.
The company currently has active open charges totaling ₹1.14 Cr. The company has closed loans amounting to ₹3,027.38 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Torrent Investments Private Limited India is Manushi Parikh as CEO. Sudhir Mehta, Samir Mehta, Jinal Mehta, and Three other members 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
U67120GJ1985PTC007573
- Company No.
007573
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Jan 1985
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Financial Services
Torrent Investments Private Limited
Explore comprehensive data for Torrent Investments Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Torrent Investments?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manushi Parikh | CEO | 01-Jun-2023 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dharmishta Raval  | Director | 29-May-2023 | Current |
| Sudhir Mehta | Director | 17-Jan-1985 | Current |
| Samir Mehta | Director | 17-Jan-1985 | Current |
| Jinal Mehta | Director | 11-Jun-2009 | Current |
| Varun Mehta | Director | 30-Oct-2021 | Current |
| Aman Mehta | Director | 30-Oct-2021 | Current |
Financial Performance of Torrent Investments.
Torrent Investments Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.16% increase. The company also saw a substantial improvement in profitability, with a 39.95% increase in profit. The company's net worth Soared by an impressive increase of 26.97%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Torrent Investments?
In 2022, Torrent Investments had a promoter holding of 100.00%. The company had 27 Subsidiaries and 5 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Toy Blocks LlpVarun Mehta is a mutual person
Dsp Trustee Private LimitedDharmishta Raval is a mutual person
- Unm Foundation
Sudhir Mehta and Samir Mehta are mutual person
- Torrent Power Limited
Samir Mehta, Jinal Mehta and 1 more are mutual person
Charges (Loans)
Open Charges
₹1.14 Cr
Satisfied Charges
₹3,027.38 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 1.13 Cr
- Punjab National Bank : 0.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Feb 1987 | Bank Of India | ₹6.90 M | Open |
| 07 Mar 1986 | Bank Of India | ₹4.40 M | Open |
| 26 Aug 1980 | Punjab National Bank | ₹0.10 M | Open |
| 23 Mar 2021 | Others | ₹2,678.70 Cr | Satisfied |
| 07 Jan 2021 | Others | ₹348.04 Cr | Satisfied |
How Many Employees Work at Torrent Investments?
Unlock and access historical data on people associated with Torrent Investments, 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 Investments, 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 Investments'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 Investments
Recent activity within the organization
- Annual General Meeting
Torrent Investments Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 23 Mar 2021 via Charge ID 100428157 with Others was fully satisfied on 27 Aug 2024.
- Balance Sheet
Torrent Investments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Others of Rs. 2,678.70 Cr registered on 23 Mar 2021 with Charge ID 100428157 was modified on 05 Jun 2023.
- Director Appointment
Dharmishta Narendraprasad Raval was appointed as a Director was appointed as a Director on 29 May 2023 & has been associated with this company since 1 year 11 months .
- Charges
A charge registered on 07 Jan 2021 via Charge ID 100410072 with Others was fully satisfied on 23 May 2022.
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 Investments Private Limited?
Torrent Investments Private Limited was incorporated on 17 Jan 1985.
What is authorized share capital and paid-up capital of Torrent Investments Private Limited?
The authorized share capital of Torrent Investments Private Limited is ₹ 141.00 Cr and paid-up capital is ₹ 6.37 M.
Who are the current board members & directors of Torrent Investments Private Limited?
Currently 7 directors are associated with Torrent Investments Private Limited.
- Sudhir Uttamlal Mehta
- Samir Uttamlal Mehta
- Jinal Sudhirbhai Mehta
- Dharmishta Narendraprasad Raval
- Varun Sudhir Mehta
- Aman Samir Mehta
- Manushi Anijay Parikh
What is the registered address of Torrent Investments Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Torrent Investments Private Limited is Samanvay 600Tapovan, Ambawadi India, Ahmedabad, Gujarat, 380015.
What is the corporate identification number (CIN) and company number of Torrent Investments Private Limited?
The corporate identification number (CIN) of Torrent Investments Private Limited is U67120GJ1985PTC007573 and the company number is 007573 as per Ministry of Corporate Affairs (MCA).
What is the official website of Torrent Investments Private Limited?
The Official website of Torrent Investments Private Limited is https://www.torrentpower.com
What has been the recent revenue trend for Torrent Investments Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Torrent Investments Private Limited has risen by 41.16%.
What change has been observed in the net worth of Torrent Investments Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Torrent Investments Private Limited has experienced an upsurge of 26.97%.
What are the total open charges for Torrent Investments Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Torrent Investments Private Limited amount to ₹ 1.14 Cr.
When was the last Balance Sheet of Torrent Investments Private Limited filed with the ROC?
The most recent Balance Sheet for Torrent Investments Private Limited was filed with the ROC on 31 Mar 2024.
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