Turbo Projects Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 0.10 M
- Company Age 12 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.46 M
- Revenue Growth -73.47%
- Profit Growth 43.88%
- Ebitda 12.26%
- Net Worth 14.13%
- Total Assets -58.83%
About Turbo Projects
Turbo Projects Private Limited (TPPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 March 2012 and has a history of 12 years and 11 months. Its registered office is in Nellore, Andhra Pradesh, India.
The Company is engaged in the Transport And Logistics 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 2.00 Cr and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹6.46 M.
Radha Devineni, Mandati Mahidhar, and Vankayalapati Umesh serve as directors at the Company.
Company Details
- Location
Nellore, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45209AP2012PTC112865
- Company No.
112865
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Mar 2012
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Transport and Logistics
Who are the key members and board of directors at Turbo Projects?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Radha Devineni  | Director | 30-Mar-2012 | Current |
| Mandati Mahidhar | Additional Director | 28-Jan-2022 | Current |
| Vankayalapati Umesh | Director | 30-Mar-2012 | Current |
Financial Performance of Turbo Projects.
Turbo Projects Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 73.47% decrease. The company also saw a substantial improvement in profitability, with a 43.88% increase in profit. The company's net worth Soared by an impressive increase of 14.13%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Turbo Projects?
In 2018, Turbo Projects 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)
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Turbo Jet Engines (Hyd) Private LimitedRadha Devineni and Vankayalapati Umesh are mutual person
- Turbo Megha Airways Private Limited
Radha Devineni and Vankayalapati Umesh are mutual person
- Turbo Aviation Private Limited
Radha Devineni and Vankayalapati Umesh are mutual person
Trujet Services Private LimitedRadha Devineni and Vankayalapati Umesh are mutual person
Turbo Motors Private LimitedRadha Devineni and Vankayalapati Umesh are mutual person
Charges (Loans)
Open Charges
₹0.65 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 0.65 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Aug 2018 | Others | ₹6.46 M | Open |
How Many Employees Work at Turbo Projects?
Unlock and access historical data on people associated with Turbo Projects, 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 Turbo Projects, 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 Projects'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 Projects
Recent activity within the organization
- Annual General Meeting
Turbo Projects Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Turbo Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
- Director Appointment
Mandati Mahidhar was appointed as a Additional Director was appointed as a Additional Director on 28 Jan 2022 & has been associated with this company since 3 years 1 month .
- Charges
A charge with Others amounted to Rs. 0.65 Cr with Charge ID 100217447 was registered on 15 Aug 2018.
- Director Appointment
Radha Rani Devineni was appointed as a Director was appointed as a Director on 30 Mar 2012 & has been associated with this company since 12 years 11 months .
- Director Appointment
Vankayalapati Umesh was appointed as a Director was appointed as a Director on 30 Mar 2012 & has been associated with this company since 12 years 11 months .
Recent News, Updates & Announcement
SpiceJet seaplanes to take UDAN from Statue of Unity | Mint.The 235 routes cleared by the ministry cover 16 unserved and 17 under-served airports and six water aerodromes.SpiceJet and Turbo Aviation will be the first Indian airline companies to fly seaplanes on a commercial basis.
- Turbo Megha gets AOC to expand UDAN flights to Mumbai, Shirdi.
Hyderabad-based Turbo Megha Airways today received the Air Operator Certificate (AOC) from aviation regulator DGCA which will enable it to expand the UDAN flights to metros of other regions such as Mumbai..
Frequently asked questions
What is the Incorporation or founding date of Turbo Projects Private Limited?
Turbo Projects Private Limited was incorporated on 30 Mar 2012.
What is authorized share capital and paid-up capital of Turbo Projects Private Limited?
The authorized share capital of Turbo Projects Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Turbo Projects Private Limited?
Currently 3 directors are associated with Turbo Projects Private Limited.
- Radha Rani Devineni
- Mandati Mahidhar
- Vankayalapati Umesh
What is the registered address of Turbo Projects Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Turbo Projects Private Limited is First Floor. H.No.25/2/449 Plot No.42 Sai Ram Nagar Dycos Road, Ak Nagar Post India, Nellore, Andhra Pradesh, 524004.
What is the corporate identification number (CIN) and company number of Turbo Projects Private Limited?
The corporate identification number (CIN) of Turbo Projects Private Limited is U45209AP2012PTC112865 and the company number is 112865 as per Ministry of Corporate Affairs (MCA).
What is the official website of Turbo Projects Private Limited?
The Official website of Turbo Projects Private Limited is https://www.turboaviation.in
What has been the recent revenue trend for Turbo Projects Private Limited?
According to the financial reports for the fiscal year 2018, the revenue trend for Turbo Projects Private Limited has fallen by -73.47%.
What change has been observed in the net worth of Turbo Projects Private Limited, and by what percentage?
The financial reports for the fiscal year 2018 indicates that The net worth of Turbo Projects Private Limited has experienced an upsurge of 14.13%.
What are the total open charges for Turbo Projects Private Limited?
As per the financial statements for fiscal Year 2018, The total open charges for Turbo Projects Private Limited amount to ₹ 6.46 M.
When was the last Balance Sheet of Turbo Projects Private Limited filed with the ROC?
The most recent Balance Sheet for Turbo Projects Private Limited was filed with the ROC on 31 Mar 2024.