Tusker Motorcycles Private Limited

Authorized dealer of Harley Davidson motorcycles and related services in Bangalore, Karnataka.

2010 | Bangalore, Karnataka (India) | Active
Last Updated: July 16, 2024

Tusker Motorcycles Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.03 M
  • Company Age 14 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.00 Cr
  • Satisfied Charges ₹ 10.59 Cr
  • Revenue Growth -10.49%
  • Profit Growth -43.53%
  • Ebitda -60.70%
  • Net Worth -295.45%
  • Total Assets -13.07%

About Tusker Motorcycles

Tusker Motorcycles Private Limited (TMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 April 2010 and has a history of 14 years and nine months. Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Automotive 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 2.50 M and a paid-up capital of Rs 1.03 M.

The company currently has active open charges totaling ₹7.00 Cr. The company has closed loans amounting to ₹10.59 Cr, as per Ministry of Corporate Affairs (MCA) records.

Srinivas Raghavareddy and Kumar Raghava serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50300KA2010PTC053218

  • Company No.

    053218

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Apr 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Automotive

Who are the key members and board of directors at Tusker Motorcycles?

Board Members (2)

Name Designation Appointment Date Status
Kumar Raghava Country flag representing In Director 27-Sep-2019 Current
Srinivas Raghavareddy Country flag representing In Director 15-Apr-2010 Current

Financial Performance of Tusker Motorcycles.

Tusker Motorcycles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.49% decrease. The company also saw a substantial fall in profitability, with a 43.53% decrease in profit. The company's net worth observed a substantial decline by a decrease of 295.45%.

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
-10.49%
Revenue from Operations
-14.58%
Total Assets
-13.07%
Profit or Loss
-43.53%
Net Worth
-295.45%
EBITDA
-60.70%

What is the Ownership and Shareholding Structure of Tusker Motorcycles?

In 2023, Tusker Motorcycles 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

₹70.00 M

Satisfied Charges

₹105.93 M

Charges Breakdown by Lending Institutions

  • Others : 7.00 Cr

Latest Charge Details

Date Lender Amount Status
15 Feb 2024 Others ₹2.51 Cr Open
29 Sep 2023 Others ₹2.00 Cr Open
28 Jun 2022 Others ₹1.75 Cr Open
28 Jun 2022 Others ₹7.40 M Open
27 Sep 2021 Others ₹9.93 M Satisfied

How Many Employees Work at Tusker Motorcycles?

Tusker Motorcycles has a workforce of 16 employees as of Mar 27, 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 Tusker Motorcycles, 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 Tusker Motorcycles'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 Tusker Motorcycles

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 25.10 M with Charge ID 100879524 was registered on 15 Feb 2024.

    15 Feb 2024

  • Charges

    A charge with Others of Rs. 20.00 M registered on 29 Sep 2023 with Charge ID 100810199 was modified on 07 Dec 2023.

    07 Dec 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 20.00 M with Charge ID 100810199 was registered on 29 Sep 2023.

    29 Sep 2023

  • Charges

    A charge registered on 30 Jan 2017 via Charge ID 100078463 with Hdfc Bank Limited was fully satisfied on 31 Aug 2023.

    31 Aug 2023

  • Charges

    A charge registered on 08 Feb 2013 via Charge ID 10412587 with Hdfc Bank Limited was fully satisfied on 31 Aug 2023.

    31 Aug 2023

Frequently asked questions

  • Tusker Motorcycles Private Limited was incorporated on 15 Apr 2010.

  • The authorized share capital of Tusker Motorcycles Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.03 M.

  • Currently 2 directors are associated with Tusker Motorcycles Private Limited.

    • Srinivas Reddy Kasi Raghavareddy
    • Kumar Reddy Reddy Kasi Reddy Raghava
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tusker Motorcycles Private Limited is No.55/2 Lavelle Road, Bangalore, Karnataka, India, 560001.

  • The corporate identification number (CIN) of Tusker Motorcycles Private Limited is U50300KA2010PTC053218 and the company number is 053218 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tusker Motorcycles Private Limited is https://www.harley-davidson.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tusker Motorcycles Private Limited has fallen by -10.49%.

  • As Per 2023 financial reports, 16 employees are currently employed by Tusker Motorcycles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tusker Motorcycles Private Limited has experienced an downturn of -295.45%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tusker Motorcycles Private Limited amount to ₹ 7.00 Cr.

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

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