Turbonet Systems Private Limited

IT hardware trading, rental, repair, and support services for various partner brands.

2013 | Mumbai, Maharashtra (India) | Active
Last Updated: June 16, 2024

Turbonet Systems Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 11 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.78 Cr
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth 1.43%
  • Profit Growth -0.06%
  • Ebitda 22.36%
  • Net Worth 25.12%
  • Total Assets -9.13%

About Turbonet Systems

Turbonet Systems Private Limited (TSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 April 2013 and has a history of 11 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Information Technology 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 5.00 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹9.78 Cr. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Supriya Chavan, Sunil Chavan, and Arvind Chavan serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900MH2013PTC242668

  • Company No.

    242668

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Apr 2013

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

What products or services does Turbonet Systems Private Limited offer?

Turbonet Systems Private Limited offers a wide range of products and services, including Biometrics & Access Control Devices, POS Machine, Computer and Mobile Softwares & Apps, Accounting & Billing Software, Office Automation Products & Devices, Barcode Scanners, Thermal Printer, Measuring Equipments & Instruments, Money Counter, Router, Cables & Networking Devices.

Who are the key members and board of directors at Turbonet Systems?

Board Members (3)

Name Designation Appointment Date Status
Supriya Chavan Country flag representing In Director 07-Jun-2016 Current
Sunil Chavan Country flag representing In Director 30-Apr-2013 Current
Arvind Chavan Country flag representing In Director 30-Apr-2013 Current

Financial Performance of Turbonet Systems.

Turbonet Systems Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.43% increase. The company also saw a slight decrease in profitability, with a 0.06% decrease in profit. The company's net worth Soared by an impressive increase of 25.12%.

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
1.43%
Revenue from Operations
1.51%
Total Assets
-9.13%
Profit or Loss
-0.06%
Net Worth
25.12%
EBITDA
22.36%

What is the Ownership and Shareholding Structure of Turbonet Systems?

In 2023, Turbonet Systems 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

₹97.84 M

Satisfied Charges

₹15.00 M

Charges Breakdown by Lending Institutions

  • Others : 9.78 Cr

Latest Charge Details

Date Lender Amount Status
14 Jan 2022 Others ₹6.80 M Open
30 Jul 2021 Others ₹8.85 Cr Open
14 Oct 2020 Others ₹2.54 M Open
19 Mar 2022 Tata Capital Financial Services Limited ₹1.50 Cr Satisfied

How Many Employees Work at Turbonet Systems?

Turbonet Systems has a workforce of 56 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Turbonet Systems, 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 Turbonet Systems'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 Turbonet Systems

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 88.50 M registered on 30 Jul 2021 with Charge ID 100465203 was modified on 25 Jan 2024.

    25 Jan 2024

  • Charges

    A charge registered on 19 Mar 2022 via Charge ID 100556842 with Tata Capital Financial Services Limited was fully satisfied on 11 Jan 2024.

    11 Jan 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Turbonet Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 15.00 M with Charge ID 100556842 was registered on 19 Mar 2022.

    19 Mar 2022

  • Charges

    A charge with Others amounted to Rs. 6.80 M with Charge ID 100555692 was registered on 14 Jan 2022.

    14 Jan 2022

Frequently asked questions

  • Turbonet Systems Private Limited was incorporated on 30 Apr 2013.

  • The authorized share capital of Turbonet Systems Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 3 directors are associated with Turbonet Systems Private Limited.

    • Supriya Sunil Chavan
    • Sunil Pandurang Chavan
    • Arvind Pandurang Chavan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Turbonet Systems Private Limited is 207 Second Floor C WingNeelkanth Business Park Kirol VillageNear Bus DepotVidyavihar, Mumbai, Maharashtra, India, 400086.

  • The corporate identification number (CIN) of Turbonet Systems Private Limited is U72900MH2013PTC242668 and the company number is 242668 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Turbonet Systems Private Limited is https://www.turbonet.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Turbonet Systems Private Limited has risen by 1.43%.

  • As Per 2023 financial reports, 56 employees are currently employed by Turbonet Systems Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Turbonet Systems Private Limited has experienced an upsurge of 25.12%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Turbonet Systems Private Limited amount to ₹ 9.78 Cr.

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

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