Turbovent Industries Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 16-06-2024
- Paid Up Capital ₹ 1.80 Cr
as on 16-06-2024
- Company Age 32 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 22.73 Cr
as on 16-06-2024
- Satisfied Charges ₹ 232.08 Cr
as on 16-06-2024
- Revenue 106.01%
(FY 2022)
- Profit 89.40%
(FY 2022)
- Ebitda 43.50%
(FY 2022)
- Net Worth 3.69%
(FY 2022)
- Total Assets 0.63%
(FY 2022)
About Turbovent Industries
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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.80 Cr.
The company currently has active open charges totaling ₹22.73 Cr. The company has closed loans amounting to ₹232.08 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ajay Jalakam, Meenakshi Venkatesan, Amaranatha Kanugonda, and One other member serve as directors at the Company.
- CIN/LLPIN
U74210TG1992PTC014782
- Company No.
014782
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Sep 1992
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Seri Lingampally, Telangana, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Turbovent Industries Private Limited offer?
Turbovent Industries Private Limited offers a wide range of products and services, including Conveyor Systems & Components, Conveyor Feeders, Conveyors, Screw Conveyors, Rotary Valves, Rotary Airlock Valves, Twin Screw Conveyors.
Who are the key members and board of directors at Turbovent Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yashwanth Papagari  | Managing Director | 26-Aug-2006 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ajay Jalakam | Director | 09-Nov-2016 | Current |
| Meenakshi Venkatesan | Whole-Time Director | 06-Oct-2011 | Current |
| Amaranatha Kanugonda | Director | 01-Jul-2020 | Current |
Financial Performance and Corporate Structure Insights of Turbovent Industries.
Turbovent Industries Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 106.01% increase. The company also saw a substantial improvement in profitability, with a 89.4% increase in profit. The company's net worth moved up by a moderate rise of 3.69%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Turbovent Industries?
In 2023, Turbovent Industries had a promoter holding of 100.00%. The company had 1 Subsidiary, 1 Joint Venture and 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Turbo Cement Private LimitedActive 24 years 22 daysMeenakshi Venkatesan and Yashwanth Papagari are mutual person
Reitz India LimitedActive 26 years 7 monthsAmaranatha Kanugonda and Yashwanth Papagari are mutual person
Parasakti Cement Industries LimitedActive 31 years 7 monthsMeenakshi Venkatesan and Yashwanth Papagari are mutual person
- Myk Spinning Industries Private LimitedActive 29 years 4 months
Meenakshi Venkatesan and Yashwanth Papagari are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 14 Oct 2021 | ₹22.00 Cr | Open |
Others Creation Date: 24 Jun 2020 | ₹7.00 M | Open |
Model Financial Creation Date: 14 Aug 1996 | ₹0.35 M | Open |
How Many Employees Work at Turbovent Industries?
Turbovent Industries has a workforce of 34 employees as of Apr 06, 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 Turbovent Industries, 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 Turbovent Industries'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.
