Turbotech Precision Engineering Profile
Key Indicators
- Authorised Capital ₹ 13.40 Cr
- Paid Up Capital ₹ 13.32 Cr
- Company Age 35 Year, 6 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 six 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
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74200KA1989PTC015803
- Company No.
015803
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Sep 1989
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Environment
Machinery and Equipment
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 |
|---|---|---|---|
| Kaviraj Badiger | Company Secretary | 09-Jan-2024 | Current |
Bindinganavale Kumar  | Managing Director | 18-Sep-1989 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Turbotech Aircraft Private LimitedBindinganavale Kumar is a mutual person
- Turbotech Defence And Aerospace Private Limited
Bindinganavale Kumar is a mutual person
- Turbotech Innovation Private Limited
Bindinganavale Kumar is a mutual person
Charges (Loans)
Open Charges
₹58.18 Cr
Satisfied Charges
₹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 |
|---|---|---|---|
| 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.
Latest Updates, News, and FAQs on Turbotech Precision Engineering
Recent activity within the organization
- Annual General Meeting
Turbotech Precision Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Axis Bank Limited of Rs. 31.06 Cr registered on 06 Feb 2024 with Charge ID 100882913 was modified on 14 Aug 2024.
- Balance Sheet
Turbotech Precision Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Hdfc Bank Limited of Rs. 23.71 Cr registered on 21 Feb 2019 with Charge ID 100248861 was modified on 08 Feb 2024.
- Charges
A charge with Axis Bank Limited amounted to Rs. 31.06 Cr with Charge ID 100882913 was registered on 06 Feb 2024.
- Director Appointment
Kaviraj Jagadish Badiger was appointed as a Company Secretary was appointed as a Company Secretary on 09 Jan 2024 & has been associated with this company since 1 year 2 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Turbotech Precision Engineering Private Limited?
Turbotech Precision Engineering Private Limited was incorporated on 18 Sep 1989.
What is authorized share capital and paid-up capital of Turbotech Precision Engineering Private Limited?
The authorized share capital of Turbotech Precision Engineering Private Limited is ₹ 13.40 Cr and paid-up capital is ₹ 13.32 Cr.
Who are the current board members & directors of Turbotech Precision Engineering Private Limited?
Currently 3 directors are associated with Turbotech Precision Engineering Private Limited.
- Kaviraj Jagadish Badiger
- Tameem Nayeem Khan
- Bindinganavale Ranga Krishna Kumar
What is the registered address of Turbotech Precision Engineering Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Turbotech Precision Engineering Private Limited is Survey 8/2, Kasaba Hoblihonnasandra Village India, Bangalore, Karnataka, 562123.
What is the corporate identification number (CIN) and company number of Turbotech Precision Engineering Private Limited?
The corporate identification number (CIN) of Turbotech Precision Engineering Private Limited is U74200KA1989PTC015803 and the company number is 015803 as per Ministry of Corporate Affairs (MCA).
What is the official website of Turbotech Precision Engineering Private Limited?
The Official website of Turbotech Precision Engineering Private Limited is https://www.turbotechindia.com
What has been the recent revenue trend for Turbotech Precision Engineering Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Turbotech Precision Engineering Private Limited has risen by 108.74%.
What change has been observed in the net worth of Turbotech Precision Engineering Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Turbotech Precision Engineering Private Limited has experienced an upsurge of 8.49%.
What are the total open charges for Turbotech Precision Engineering Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Turbotech Precision Engineering Private Limited amount to ₹ 58.18 Cr.
When was the last Balance Sheet of Turbotech Precision Engineering Private Limited filed with the ROC?
The most recent Balance Sheet for Turbotech Precision Engineering Private Limited was filed with the ROC on 31 Mar 2024.
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