Turbo Tools Private Limited

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

1991 | Ludhiana, Punjab (India) | Active
Last Updated:

Turbo Tools Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.13 M
  • Company Age 33 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 96.83 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 three months. Its registered office is in Ludhiana, 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 2024. 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 ₹96.83 Cr. The company has closed loans amounting to ₹73.94 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bisman Kaur, Hargun Singh, Manjit 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

    U27209PB1991PTC011782

  • Company No.

    011782

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Nov 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • 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)

NameDesignationAppointment DateStatus
Ravinder Singh Country flag representing In Managing Director19-Nov-1991Current

Board Members (4)

NameDesignationAppointment DateStatus
Bisman Kaur Country flag representing In Director 19-Apr-2019Current
Hargun Singh Country flag representing In Director 13-Jun-2022Current
Manjit Kaur Country flag representing In Director 20-May-2014Current
Inder Singh Country flag representing In Whole-Time Director 19-Nov-1991Current

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%.

Turbo Tools revenue growth over time
Turbo Tools 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

₹968.32 M

Satisfied Charges

₹739.35 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 70.38 Cr
  • Hdfc Bank Limited : 14.80 Cr
  • Sidbi : 11.65 Cr

Latest Charge Details

DateLenderAmountStatus
28 Oct 2024Sidbi₹4.95 CrOpen
28 Feb 2024Sidbi₹6.70 CrOpen
16 Dec 2023Hdfc Bank Limited₹1.10 MOpen
27 Oct 2023Hdfc Bank Limited₹5.97 MOpen
06 Jun 2023Hdfc Bank Limited₹14.00 CrOpen

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.

Employee growth trends for Turbo Tools Private Limited

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 Axis Bank Limited of Rs. 440.00 M registered on 02 Jun 2015 with Charge ID 10580471 was modified on 20 Nov 2024.

  • Charges

    A charge with Sidbi amounted to Rs. 49.50 M with Charge ID 101005275 was registered on 28 Oct 2024.

  • Annual General Meeting

    Turbo Tools Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 140.00 M registered on 06 Jun 2023 with Charge ID 100737989 was modified on 20 Sep 2024.

  • Balance Sheet

    Turbo Tools Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Charges

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

Frequently asked questions

  • What is the Incorporation or founding date of Turbo Tools Private Limited?

    Turbo Tools Private Limited was incorporated on 19 Nov 1991.

  • What is authorized share capital and paid-up capital of Turbo Tools Private Limited?

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

  • Who are the current board members & directors of Turbo Tools Private Limited?

    Currently 5 directors are associated with Turbo Tools Private Limited.

    • Bisman Kaur
    • Hargun Singh
    • Manjit Kaur
    • Inder Mohan Singh
    • Ravinder Pal Singh

  • What is the registered address of Turbo Tools Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Turbo Tools Private Limited is D 172 Phase Vifocal Point Ludhiana India, Punjab, 141010.

  • What is the corporate identification number (CIN) and company number of Turbo Tools Private Limited?

    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).

  • What is the official website of Turbo Tools Private Limited?

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

  • What has been the recent revenue trend for Turbo Tools Private Limited?

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

  • How many employees does Turbo Tools Private Limited currently have?

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

  • What change has been observed in the net worth of Turbo Tools Private Limited, and by what percentage?

    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%.

  • What are the total open charges for Turbo Tools Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Turbo Tools Private Limited amount to ₹ 96.83 Cr.

  • When was the last Balance Sheet of Turbo Tools Private Limited filed with the ROC?

    The most recent Balance Sheet for Turbo Tools Private Limited was filed with the ROC on 31 Mar 2024.

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