Turbo Industries Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
- Paid Up Capital ₹ 11.75 Cr
- Company Age 24 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 135.23 Cr
- Satisfied Charges ₹ 42.13 Cr
- Revenue Growth 16.95%
- Profit Growth -5.07%
- Ebitda 7.94%
- Net Worth 12.94%
- Total Assets 12.93%
About Turbo Industries
Turbo Industries Private Limited (TIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 December 2000 and has a history of 24 years and two months. Its registered office is in Ludhiana, Punjab, India.
The Corporate was formerly known as Turbo Scaffolding Private Limited. The Company is engaged in the Machinery And Equipment 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 12.00 Cr and a paid-up capital of Rs 11.75 Cr.
The company currently has active open charges totaling ₹135.23 Cr. The company has closed loans amounting to ₹42.13 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Turbo Industries Private Limited India is Rajnish Attri as COMPANY SECRETARY. Ravinder Singh, Inder Singh, Bisman Kaur, and Two other members serve as directors at the Company.
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U28910PB2000PTC024130
- Company No.
024130
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Dec 2000
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Machinery and Equipment
What products or services does Turbo Industries Private Limited offer?
Turbo Industries Private Limited offers a wide range of products and services, including Nails, Fasteners, Rivets & Shackles, Metal Fastener, Electric Fittings & Components, Electrical Fittings, Metal Channels, Fabrication Works, Scaffolding Fabrication Services, Railway Parts, Sheet Metal Fabrication, Industrial Sheet Metal Fabrication.
Who are the key members and board of directors at Turbo Industries?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravinder Singh  | Managing Director | 14-Dec-2000 | Current |
| Rajnish Attri | Company Secretary | 16-Nov-2018 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Inder Singh | Director | 14-Dec-2000 | Current |
| Bisman Kaur | Director | 18-Apr-2019 | Current |
| Karanbir Singh | Director | 20-Dec-2022 | Current |
| Hargun Singh | Director | 13-Jun-2022 | Current |
Financial Performance of Turbo Industries.
Turbo Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.95% increase. The company also saw a slight decrease in profitability, with a 5.07% decrease in profit. The company's net worth Soared by an impressive increase of 12.94%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Turbo Industries?
In 2023, Turbo Industries 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 Tools Private Limited
Ravinder Singh, Inder Singh and 2 more are mutual person
- Turbo Technik Private Limited
Ravinder Singh, Inder Singh and 1 more are mutual person
- Turbo Infratech Private Limited
Ravinder Singh and Inder Singh are mutual person
Moda Elementi India Private LimitedRavinder Singh, Inder Singh and 2 more are mutual person
Charges (Loans)
Open Charges
₹135.23 Cr
Satisfied Charges
₹42.13 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 61.80 Cr
- Others : 42.87 Cr
- Hdfc Bank Limited : 23.06 Cr
- Sidbi : 7.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Feb 2024 | Hdfc Bank Limited | ₹6.41 M | Open |
| 23 Nov 2023 | Sidbi | ₹7.50 Cr | Open |
| 20 Feb 2023 | Hdfc Bank Limited | ₹0.70 M | Open |
| 30 Dec 2022 | Hdfc Bank Limited | ₹1.92 M | Open |
| 05 Dec 2022 | Hdfc Bank Limited | ₹20.86 Cr | Open |
How Many Employees Work at Turbo Industries?
Turbo Industries has a workforce of 1484 employees as of Apr 05, 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 Industries, 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 Industries'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 Turbo Industries
Recent activity within the organization
- Charges
A charge with Axis Bank Limited of Rs. 41.00 Cr registered on 17 Aug 2015 with Charge ID 10590576 was modified on 13 May 2024.
- Charges
A charge with Hdfc Bank Limited of Rs. 20.86 Cr registered on 05 Dec 2022 with Charge ID 100675983 was modified on 03 Apr 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.64 Cr with Charge ID 100883738 was registered on 29 Feb 2024.
- Charges
A charge with Sidbi amounted to Rs. 7.50 Cr with Charge ID 100830848 was registered on 23 Nov 2023.
- Annual General Meeting
Turbo Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Turbo Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.
Frequently asked questions
What is the Incorporation or founding date of Turbo Industries Private Limited?
Turbo Industries Private Limited was incorporated on 14 Dec 2000.
What is authorized share capital and paid-up capital of Turbo Industries Private Limited?
The authorized share capital of Turbo Industries Private Limited is ₹ 12.00 Cr and paid-up capital is ₹ 11.75 Cr.
Who are the current board members & directors of Turbo Industries Private Limited?
Currently 6 directors are associated with Turbo Industries Private Limited.
- Ravinder Pal Singh
- Inder Mohan Singh
- Bisman Kaur
- Karanbir Singh
- Hargun Singh
- Rajnish Attri
What is the registered address of Turbo Industries Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Turbo Industries Private Limited is Industrial Area Csurjit Cinema Road Dhandari Kalan India, Ludhiana Punjab, 141010.
What is the corporate identification number (CIN) and company number of Turbo Industries Private Limited?
The corporate identification number (CIN) of Turbo Industries Private Limited is U28910PB2000PTC024130 and the company number is 024130 as per Ministry of Corporate Affairs (MCA).
What is the official website of Turbo Industries Private Limited?
The Official website of Turbo Industries Private Limited is https://www.turbogroup.in
What has been the recent revenue trend for Turbo Industries Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Turbo Industries Private Limited has risen by 16.95%.
How many employees does Turbo Industries Private Limited currently have?
As Per 2023 financial reports, 1484 employees are currently employed by Turbo Industries Private Limited.
What change has been observed in the net worth of Turbo Industries Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Turbo Industries Private Limited has experienced an upsurge of 12.94%.
What are the total open charges for Turbo Industries Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Turbo Industries Private Limited amount to ₹ 135.23 Cr.
When was the last Balance Sheet of Turbo Industries Private Limited filed with the ROC?
The most recent Balance Sheet for Turbo Industries Private Limited was filed with the ROC on 31 Mar 2023.
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