Torus Innovations Private Limited

Provides web and mobile application services, including scalable software development and hybrid cloud solutions.

2016 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: December 24, 2024

Torus Innovations Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -87.86%
  • Profit Growth -292.72%
  • Ebitda -69.00%
  • Net Worth -141.70%
  • Total Assets -40.51%

About Torus Innovations

Torus Innovations Private Limited (TIPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 February 2016 (Eight years and 11 months 17 days old ). Its registered office is in Kanchipuram, Tamil Nadu, India.

The Company is engaged in the Information Technology 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 5.00 M and a paid-up capital of Rs 1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Vijayalakshmi Sekar and Sekar Thevar serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72300TN2016PTC104301

  • Company No.

    104301

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Feb 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

Who are the key members and board of directors at Torus Innovations?

Board Members (2)

Name Designation Appointment Date Status
Vijayalakshmi Sekar Country flag representing In Director 23-Feb-2016 Current
Sekar Thevar Country flag representing In Director 23-Feb-2016 Current

Financial Performance of Torus Innovations.

Torus Innovations Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 87.86% decrease. The company also saw a substantial fall in profitability, with a 292.72% decrease in profit. The company's net worth observed a substantial decline by a decrease of 141.7%.

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
-87.86%
Revenue from Operations
-87.83%
Total Assets
-40.51%
Profit or Loss
-292.72%
Net Worth
-141.70%
EBITDA
-69.00%

What is the Ownership and Shareholding Structure of Torus Innovations?

In 2021, Torus Innovations 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 Torus Innovations?

Torus Innovations has a workforce of 14 employees as of Mar 28, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Torus Innovations, 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 Torus Innovations'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 Torus Innovations

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Torus Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Vijayalakshmi Sundaram Sekar was appointed as a Director was appointed as a Director on 23 Feb 2016 & has been associated with this company since 8 years 11 months .

    23 Feb 2016

  • Director Appointment

    Sekar Sundaram Ponniah Thevar was appointed as a Director was appointed as a Director on 23 Feb 2016 & has been associated with this company since 8 years 11 months .

    23 Feb 2016

  • Company Incorporation

    Torus Innovations Private Limited was registered on 23 Feb 2016 with Roc Chennai & aged 8 years 11 months as per MCA records.

    23 Feb 2016

Frequently asked questions

  • Torus Innovations Private Limited was incorporated on 23 Feb 2016.

  • The authorized share capital of Torus Innovations Private Limited is ₹ 5.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Torus Innovations Private Limited.

    • Vijayalakshmi Sundaram Sekar
    • Sekar Sundaram Ponniah Thevar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Torus Innovations Private Limited is 5/A5 3Rd Cross Street, Sipcot It Park Siruseri India, Chennai, Tamil Nadu, 603103.

  • The corporate identification number (CIN) of Torus Innovations Private Limited is U72300TN2016PTC104301 and the company number is 104301 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Torus Innovations Private Limited is https://www.torus.tech

  • According to the financial reports for the fiscal year 2021, the revenue trend for Torus Innovations Private Limited has fallen by -87.86%.

  • As Per 2021 financial reports, 14 employees are currently employed by Torus Innovations Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Torus Innovations Private Limited has experienced an downturn of -141.70%.

  • The most recent Balance Sheet for Torus Innovations Private Limited was filed with the ROC on 31 Mar 2023.