Turbo Tools Private Limited

Manufacturer of engineering goods, apparel, and auto components for scaffold and formwork industries.

1991 | Punjab, Punjab (India) | Active
Last Updated: June 17, 2024

Turbo Tools Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.13 M
  • Company Age 33 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 79.88 Cr
  • Satisfied Charges ₹ 73.94 Cr
  • Revenue Growth -6.84%
  • Profit Growth -38.39%
  • Ebitda -16.49%
  • Net Worth 8.34%
  • Total Assets 2.63%

About Turbo Tools

Turbo Tools Private Limited (TTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 November 1991 and has a history of 33 years and two months. Its registered office is in Punjab, Punjab, India.

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 6.00 M and a paid-up capital of Rs 5.13 M.

The company currently has active open charges totaling ₹79.88 Cr. The company has closed loans amounting to ₹73.94 Cr, as per Ministry of Corporate Affairs (MCA) records.

Hargun Singh, Manjit Kaur, Inder Singh, and Two other members serve as directors at the Company.

Company Details

  • Location

    Punjab, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27209PB1991PTC011782

  • Company No.

    011782

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Nov 1991

  • 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 Tools Private Limited offer?

Turbo Tools Private Limited offers a wide range of products and services, including Commercial & Academic Uniforms, Commercial Uniforms, Medical & Surgical Clothing, Hospital Linen.

Who are the key members and board of directors at Turbo Tools?

Executive Team (1)

Name Designation Appointment Date Status
Ravinder Singh Country flag representing In Managing Director 19-Nov-1991 Current

Board Members (4)

Name Designation Appointment Date Status
Hargun Singh Country flag representing In Director 13-Jun-2022 Current
Manjit Kaur Country flag representing In Director 20-May-2014 Current
Inder Singh Country flag representing In Whole-Time Director 19-Nov-1991 Current
Bisman Kaur Country flag representing In Director 19-Apr-2019 Current

Financial Performance of Turbo Tools.

Turbo Tools Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.84% decrease. The company also saw a substantial fall in profitability, with a 38.39% decrease in profit. The company's net worth moved up by a moderate rise of 8.34%.

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
-6.84%
Revenue from Operations
-6.90%
Total Assets
2.63%
Profit or Loss
-38.39%
Net Worth
8.34%
EBITDA
-16.49%

What is the Ownership and Shareholding Structure of Turbo Tools?

In 2023, Turbo Tools 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)

Open Charges

₹798.82 M

Satisfied Charges

₹739.35 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 62.38 Cr
  • Hdfc Bank Limited : 10.80 Cr
  • Sidbi : 6.70 Cr

Latest Charge Details

Date Lender Amount Status
28 Feb 2024 Sidbi ₹6.70 Cr Open
16 Dec 2023 Hdfc Bank Limited ₹1.10 M Open
27 Oct 2023 Hdfc Bank Limited ₹5.97 M Open
06 Jun 2023 Hdfc Bank Limited ₹10.00 Cr Open
31 May 2023 Hdfc Bank Limited ₹0.95 M Open

How Many Employees Work at Turbo Tools?

Turbo Tools has a workforce of 752 employees as of Apr 01, 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 Turbo Tools, 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 Tools'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 Turbo Tools

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 67.00 M with Charge ID 100882822 was registered on 28 Feb 2024.

    28 Feb 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.10 M with Charge ID 100835133 was registered on 16 Dec 2023.

    16 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.97 M with Charge ID 100806560 was registered on 27 Oct 2023.

    27 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 100.00 M with Charge ID 100737989 was registered on 06 Jun 2023.

    06 Jun 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.95 M with Charge ID 100734310 was registered on 31 May 2023.

    31 May 2023

Frequently asked questions

  • Turbo Tools Private Limited was incorporated on 19 Nov 1991.

  • The authorized share capital of Turbo Tools Private Limited is ₹ 6.00 M and paid-up capital is ₹ 5.13 M.

  • Currently 5 directors are associated with Turbo Tools Private Limited.

    • Hargun Singh
    • Manjit Kaur
    • Inder Mohan Singh
    • Ravinder Pal Singh
    • Bisman Kaur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Turbo Tools Private Limited is D 172 Phase Vifocal Point Ludhiana, Punjab, India, 141010.

  • The corporate identification number (CIN) of Turbo Tools Private Limited is U27209PB1991PTC011782 and the company number is 011782 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Turbo Tools Private Limited is https://www.turbogroup.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Turbo Tools Private Limited has fallen by -6.84%.

  • As Per 2023 financial reports, 752 employees are currently employed by Turbo Tools Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Turbo Tools Private Limited has experienced an upsurge of 8.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Turbo Tools Private Limited amount to ₹ 79.88 Cr.

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

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