Turbo Wheels Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 02-07-2024
- Paid Up Capital ₹ 1.00 M
as on 02-07-2024
- Company Age 11 Year, 11 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.82 Cr
as on 02-07-2024
- Revenue -18.00%
(FY 2022)
- Profit -95.40%
(FY 2022)
- Ebitda 74.15%
(FY 2022)
- Net Worth 1.12%
(FY 2022)
- Total Assets -8.21%
(FY 2022)
About Turbo Wheels
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 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹6.82 Cr.
Kanuri Aditya and Ravichand Samineni serve as directors at the Company.
- CIN/LLPIN
U50402KA2013PTC072489
- Company No.
072489
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Dec 2013
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore Rural, Karnataka, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Turbo Wheels?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kanuri Aditya  | Managing Director | 12-Dec-2013 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ravichand Samineni | Whole-Time Director | 12-Dec-2013 | Current |
Financial Performance of Turbo Wheels.
Turbo Wheels Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 18% decrease. The company also saw a substantial fall in profitability, with a 95.4% decrease in profit. The company's net worth moved up by a moderate rise of 1.12%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Turbo Wheels?
In 2021, Turbo Wheels 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)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 30 Sep 2021 | ₹6.20 M | Open |
Hdfc Bank Limited Creation Date: 13 May 2014 | ₹6.20 Cr | Open |
How Many Employees Work at Turbo Wheels?
Turbo Wheels has a workforce of 86 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 Wheels, 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 Wheels'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.
