Turbo Automotives Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.85 Cr
- Company Age 10 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.16 Cr
- Revenue Growth 19.02%
- Profit Growth 10.26%
- Ebitda 34.20%
- Net Worth 22.55%
- Total Assets 49.10%
About Turbo Automotives
Turbo Automotives Private Limited (TAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 December 2014 and has a history of Ten years and two months. Its registered office is in Undrajavaram, Andhra Pradesh.
The Company is engaged in the Automotive 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 2.00 Cr and a paid-up capital of Rs 1.85 Cr.
The company currently has active open charges totaling ₹12.16 Cr.
Karuturi Suresh and Sree Sunkavalli serve as directors at the Company.
Company Details
- Location Undrajavaram, Andhra Pradesh
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U63000AP2014PTC095757
- Company No.
095757
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Dec 2014
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Who are the key members and board of directors at Turbo Automotives?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sree Sunkavalli  | Managing Director | 02-Dec-2014 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Karuturi Suresh | Director | 02-Dec-2014 | Current |
Financial Performance of Turbo Automotives.
Turbo Automotives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.02% increase. The company also saw a substantial improvement in profitability, with a 10.26% increase in profit. The company's net worth Soared by an impressive increase of 22.55%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Turbo Automotives?
In 2023, Turbo Automotives 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)
Turbo Produce Private LimitedKaruturi Suresh is a mutual person
- Bhogavalli Auto Trade Private Limited
Karuturi Suresh is a mutual person
- Brand Agro Trade Private Limited
Karuturi Suresh is a mutual person
Charges (Loans)
₹12.16 Cr
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 11.90 Cr
- Hdfc Bank Limited : 0.26 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Sep 2021 | Hdfc Bank Limited | ₹2.58 M | Open |
| 11 Jun 2015 | State Bank Of India | ₹11.90 Cr | Open |
How Many Employees Work at Turbo Automotives?
Turbo Automotives has a workforce of 27 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Turbo Automotives, 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 Turbo Automotives'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.
