Tusshar Axles Private Limited

Manufacturer of four wheeler axles and related products, with a large manufacturing unit and prestigious clientele.

2009 | Pune, Maharashtra (India) | Active
Last Updated: December 10, 2024

Tusshar Axles Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.11 M
  • Company Age 15 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.58 Cr
  • Satisfied Charges ₹ 4.27 Cr
  • Revenue Growth 7.89%
  • Profit Growth 457.55%
  • Ebitda 125.36%
  • Net Worth 46.37%
  • Total Assets -6.21%

About Tusshar Axles

Tusshar Axles Private Limited (TAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 November 2009 and has a history of 15 years and two months. Its registered office is in Pune, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.11 M.

The company currently has active open charges totaling ₹15.58 Cr. The company has closed loans amounting to ₹4.27 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bhalchandra Kolte and Tushar Kolte serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34300PN2009PTC134962

  • Company No.

    134962

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Nov 2009

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Automotive

Who are the key members and board of directors at Tusshar Axles?

Board Members (2)

Name Designation Appointment Date Status
Bhalchandra Kolte Country flag representing In Director 12-Nov-2009 Current
Tushar Kolte Country flag representing In Director 12-Nov-2009 Current

Financial Performance of Tusshar Axles.

Tusshar Axles Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.89% increase. The company also saw a substantial improvement in profitability, with a 457.55% increase in profit. The company's net worth Soared by an impressive increase of 46.37%.

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
7.89%
Revenue from Operations
8.21%
Total Assets
-6.21%
Profit or Loss
457.55%
Net Worth
46.37%
EBITDA
125.36%

What is the Ownership and Shareholding Structure of Tusshar Axles?

Unlock access to Tusshar Axles's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹155.80 M

Satisfied Charges

₹42.70 M

Charges Breakdown by Lending Institutions

  • Others : 11.00 Cr
  • Hdfc Bank Limited : 4.58 Cr

Latest Charge Details

Date Lender Amount Status
19 Jun 2023 Others ₹11.00 Cr Open
25 Sep 2019 Hdfc Bank Limited ₹4.58 Cr Open
05 Jan 2015 Axis Bank Limited ₹4.27 Cr Satisfied

How Many Employees Work at Tusshar Axles?

Tusshar Axles has a workforce of 20 employees as of Mar 31, 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 Tusshar Axles, 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 Tusshar Axles'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 Tusshar Axles

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Tusshar Axles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 110.00 M registered on 19 Jun 2023 with Charge ID 100736866 was modified on 26 Oct 2023.

    26 Oct 2023

  • Charges

    A charge with Others amounted to Rs. 110.00 M with Charge ID 100736866 was registered on 19 Jun 2023.

    19 Jun 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 45.80 M registered on 25 Sep 2019 with Charge ID 100297856 was modified on 07 Apr 2021.

    07 Apr 2021

  • Charges

    A charge registered on 05 Jan 2015 via Charge ID 10540640 with Axis Bank Limited was fully satisfied on 15 Oct 2019.

    15 Oct 2019

Frequently asked questions

  • Tusshar Axles Private Limited was incorporated on 12 Nov 2009.

  • The authorized share capital of Tusshar Axles Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.11 M.

  • Currently 2 directors are associated with Tusshar Axles Private Limited.

    • Bhalchandra Namdeo Kolte
    • Tushar Bhalchandra Kolte
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tusshar Axles Private Limited is Gat No-765 Chikhali Kudalwadi, Taluka -Haveli India, Pune, Maharashtra, 410501.

  • The corporate identification number (CIN) of Tusshar Axles Private Limited is U34300PN2009PTC134962 and the company number is 134962 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tusshar Axles Private Limited is https://www.onkar-group.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tusshar Axles Private Limited has risen by 7.89%.

  • As Per 2023 financial reports, 20 employees are currently employed by Tusshar Axles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tusshar Axles Private Limited has experienced an upsurge of 46.37%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tusshar Axles Private Limited amount to ₹ 15.58 Cr.

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