Turnrite Private Limited

Founded in 1961 and headquartered in Maharashtra, India.

1961 | Mumbai, Maharashtra (India) | Active
Last Updated:

Turnrite Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.17 M
  • Company Age 63 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth %
  • Profit Growth -76.15%
  • Ebitda -245.68%
  • Net Worth -0.71%
  • Total Assets -0.58%

About Turnrite

Turnrite Private Limited (TPL) was founded in India on 31 May 1961 and has a glorious history of 63 years and nine months.Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Automobile 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 0.50 M and a paid-up capital of Rs 0.17 M, as per Ministry of Corporate Affairs (MCA) records.

Rayaan Gandhy and Rishad Gandhy serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U34300MH1961PTC012029

  • Company No.

    012029

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 May 1961

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automobile

Who are the key members and board of directors at Turnrite?

Board Members (2)

NameDesignationAppointment DateStatus
Rayaan Gandhy Country flag representing In Director 15-Sep-2022Current
Rishad Gandhy Country flag representing In Director 15-Sep-2022Current

Financial Performance of Turnrite.

Turnrite Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 76.15% decrease in profit. The company's net worth dipped by a decrease of 0.71%.

Turnrite revenue growth over time
Turnrite 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
Revenue from Operations
Total Assets
-0.58%
Profit or Loss
-76.15%
Net Worth
-0.71%
EBITDA
-245.68%

What is the Ownership and Shareholding Structure of Turnrite?

In 2017, Turnrite 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Turnrite?

Unlock and access historical data on people associated with Turnrite, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Turnrite Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Turnrite Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Turnrite Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Rayaan Cyrus Gandhy was appointed as a Director was appointed as a Director on 15 Sep 2022 & has been associated with this company since 2 years 5 months .

  • Director Appointment

    Rishad Cyrus Gandhy was appointed as a Director was appointed as a Director on 15 Sep 2022 & has been associated with this company since 2 years 5 months .

  • Company Incorporation

    Turnrite Private Limited was registered on 31 May 1961 with Roc Mumbai & aged 63 years 9 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Turnrite Private Limited?

    Turnrite Private Limited was incorporated on 31 May 1961.

  • What is authorized share capital and paid-up capital of Turnrite Private Limited?

    The authorized share capital of Turnrite Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.17 M.

  • Who are the current board members & directors of Turnrite Private Limited?

    Currently 2 directors are associated with Turnrite Private Limited.

    • Rayaan Cyrus Gandhy
    • Rishad Cyrus Gandhy

  • What is the registered address of Turnrite Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Turnrite Private Limited is 2 B Girnar Appt55 Pali Hill Bandra W India, Mumbai, Maharashtra, 400050.

  • What is the corporate identification number (CIN) and company number of Turnrite Private Limited?

    The corporate identification number (CIN) of Turnrite Private Limited is U34300MH1961PTC012029 and the company number is 012029 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Turnrite Private Limited, and by what percentage?

    The financial reports for the fiscal year 2017 indicates that The net worth of Turnrite Private Limited has experienced an downturn of -0.71%.

  • When was the last Balance Sheet of Turnrite Private Limited filed with the ROC?

    The most recent Balance Sheet for Turnrite Private Limited was filed with the ROC on 31 Mar 2024.

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