Turbotech Precision Engineering Profile
Key Indicators
- Authorised Capital ₹ 13.40 Cr
- Paid Up Capital ₹ 13.32 Cr
- Company Age 35 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 58.18 Cr
- Satisfied Charges ₹ 9.50 Cr
- Revenue Growth 108.74%
- Profit Growth 1679.37%
- Ebitda 238.81%
- Net Worth 8.49%
- Total Assets 24.31%
About Turbotech Precision Engineering
Turbotech Precision Engineering Private Limited (TPEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 September 1989 and has a history of 35 years and four months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Environment 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 13.40 Cr and a paid-up capital of Rs 13.32 Cr.
The company currently has active open charges totaling ₹58.18 Cr. The company has closed loans amounting to ₹9.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Turbotech Precision Engineering Private Limited India is Kaviraj Badiger as COMPANY SECRETARY. Tameem Khan and Bindinganavale Kumar serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U74200KA1989PTC015803
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Company No.
015803
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
18 Sep 1989
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Turbotech Precision Engineering Private Limited offer?
Turbotech Precision Engineering Private Limited offers a wide range of products and services, including Air Compressors, Accessories & Parts, Air Compressors, Product Development Research, R&D Consulting Services, VFD, PLC, HMI & Control Equipments, Starters, Electrical Cables & Wires, Industrial Wires, Engine & Engine Spare Parts, Engine Components.
Who are the key members and board of directors at Turbotech Precision Engineering?
Executive Team (2)
Name | Designation | Appointment Date | Status |
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Kaviraj Badiger | Company Secretary | 09-Jan-2024 | Current |
Bindinganavale Kumar | Managing Director | 18-Sep-1989 | Current |
Board Members (1)
Name | Designation | Appointment Date | Status |
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Tameem Khan | Whole-Time Director | 28-Jun-2006 | Current |
Financial Performance of Turbotech Precision Engineering.
Turbotech Precision Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 108.74% increase. The company also saw a substantial improvement in profitability, with a 1679.37% increase in profit. The company's net worth moved up by a moderate rise of 8.49%.
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What is the Ownership and Shareholding Structure of Turbotech Precision Engineering?
In 2023, Turbotech Precision Engineering had a promoter holding of 91.54% and a public holding of 8.46%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹58.18 Cr
₹9.50 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 32.74 Cr
- Hdfc Bank Limited : 24.72 Cr
- Industrial Devlopment Bank Of India : 0.72 Cr
Latest Charge Details
Date | Lender | Amount | Status |
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06 Feb 2024 | Axis Bank Limited | ₹31.06 Cr | Open |
12 Aug 2022 | Hdfc Bank Limited | ₹7.12 M | Open |
03 Aug 2022 | Axis Bank Limited | ₹1.68 Cr | Open |
24 Jan 2020 | Hdfc Bank Limited | ₹2.95 M | Open |
21 Feb 2019 | Hdfc Bank Limited | ₹23.71 Cr | Open |
How Many Employees Work at Turbotech Precision Engineering?
Unlock and access historical data on people associated with Turbotech Precision Engineering, 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 Turbotech Precision Engineering, 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 Turbotech Precision Engineering'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.