T.V. Sundram Iyengar & Sons Profile
Key Indicators
- Authorised Capital ₹ 37.10 Cr
- Paid Up Capital ₹ 15.75 Cr
- Company Age 95 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 112.58 Cr
- Satisfied Charges ₹ 1,680.30 Cr
- Revenue Growth -99.93%
- Profit Growth -107.68%
- Ebitda -109.31%
- Net Worth -62.59%
- Total Assets -55.40%
About T.V. Sundram Iyengar & Sons
T.V. Sundram Iyengar & Sons Private Limited (TSISPL) was founded in India on 11 October 1929 and has a glorious history of 95 years and four months.Its registered office is in Madurai, Tamil Nadu, India.
The Corporate was formerly known as T.V. Sundram Iyengar & Sons Limited. 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 37.10 Cr and a paid-up capital of Rs 15.75 Cr.
The company currently has active open charges totaling ₹112.58 Cr. The company has closed loans amounting to ₹1,680.30 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at T.V. Sundram Iyengar & Sons Private Limited India is Sivaraman Ganesan as COMPANY SECRETARY. Tirumala Balaji, Santhanam Ram, Suresh Krishna, and Nine other members serve as directors at the Company.
Company Details
- Location
Madurai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U34101TN1929PTC002973
- Company No.
002973
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Oct 1929
- Date of AGM
25 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Automotive
What products or services does T.V. Sundram Iyengar & Sons Private Limited offer?
T.V. Sundram Iyengar & Sons Private Limited offers a wide range of products and services, including Commercial Vehicles & Three Wheelers, City Bus, Material Handling Machines & Systems, Loading Machinery, Intermediate and Light Commercial Vehicles, Cranes, Forklift & Lifting Machines, Crane, Forklift, Building & Construction Machines, Working Platform.
Who are the key members and board of directors at T.V. Sundram Iyengar & Sons?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramachandhran Haresh  | Managing Director | 30-Sep-1980 | Current |
| Sivaraman Ganesan | Company Secretary | 15-Apr-2022 | Current |
Board Members (11)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venu Srinivasan | Director | 29-Jun-1979 | Current |
| Srivats Ram | Director | 16-Jun-2005 | Current |
| Gopal Srinivasan | Director | 31-Aug-1979 | Current |
| Tirumala Balaji | Director | 31-Aug-1979 | Current |
| Santhanam Ram | Director | 25-Dec-1970 | Current |
| Suresh Krishna | Director | 25-Dec-1970 | Current |
Financial Performance of T.V. Sundram Iyengar & Sons.
T.V. Sundram Iyengar & Sons Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.93% decrease. The company also saw a substantial fall in profitability, with a 107.68% decrease in profit. The company's net worth observed a substantial decline by a decrease of 62.59%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of T.V. Sundram Iyengar & Sons?
In 2022, T.V. Sundram Iyengar & Sons had a promoter holding of 99.42% and a public holding of 0.57%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Wil Car Wheels LimitedSrivats Ram is a mutual person
Upasana Private LimitedSuresh Krishna is a mutual person
Sundaram Industries Private LimitedSrinath Rajam and Ramachandhran Haresh are mutual person
Sundaram Auto Components LimitedVenu Srinivasan is a mutual person
Iit Madras Research ParkGopal Srinivasan is a mutual person
Wheels India LimitedSanthanam Ram, Srivats Ram and 1 more are mutual person
Charges (Loans)
Open Charges
₹112.58 Cr
Satisfied Charges
₹1,680.30 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 112.58 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Feb 2003 | State Bank Of India | ₹1.75 Cr | Open |
| 27 Aug 1986 | State Bank Of India | ₹110.83 Cr | Open |
| 09 Mar 2021 | Others | ₹350.00 Cr | Satisfied |
| 20 Jan 2021 | State Bank Of India | ₹200.00 Cr | Satisfied |
| 31 Jan 2019 | Others | ₹10.00 Cr | Satisfied |
How Many Employees Work at T.V. Sundram Iyengar & Sons?
T.V. Sundram Iyengar & Sons has a workforce of 6735 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 T.V. Sundram Iyengar & Sons, 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 T.V. Sundram Iyengar & Sons'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 T.V. Sundram Iyengar & Sons
Recent activity within the organization
- Annual General Meeting
T.V. Sundram Iyengar & Sons Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.
- Balance Sheet
T.V. Sundram Iyengar & Sons Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Charges
A charge registered on 30 Jul 2009 via Charge ID 10171751 with Hdfc Bank Limited was fully satisfied on 28 Jul 2022.
- Charges
A charge registered on 20 Jan 2021 via Charge ID 100422876 with State Bank Of India was fully satisfied on 15 Mar 2022.
- Charges
A charge registered on 08 Jul 1999 via Charge ID 80017962 with State Bank Of India was fully satisfied on 15 Mar 2022.
- Charges
A charge registered on 09 Mar 2021 via Charge ID 100429271 with Others was fully satisfied on 10 Mar 2022.
Recent News, Updates & Announcement
Ashok Leyland acquires 49.9% stake in TVS Trucks.Ashok Leyland has invested Rs 24.95 crore in TVS Trucks and Buses Pvt. Ltd., acquiring a 49.9% stake. TVS Trucks is a joint venture company of TVS Mobility Pvt. Ltd. and Ashok Leyland, where the former holds a majority stake of 50.1%..
- Mitsubishi to acquire 30% of TVS Mobility to venture into Indian car sales market | Mint.
Leveraging TVS Mobility's existing network of around 150 outlets, the venture is poised to become one of the largest independent car dealerships in India..
- CCI clears Mitsubishi's stake increase to 25 pc in TVS Automobile Solutions.
"The parties submit that MC (Mitsubishi Corporation) and TASL (TVS Automobile Solutions Private Ltd) are not engaged in the production/sale of any similar or substitutable products or services in India. .
- TVS to impose restrictions on brand usage within group.
TV Sundaram Iyengar & Sons, the ultimate holding company of the TVS group of companies, is thinking of imposing a fee on its group companies which want to use the TVS brand..
Frequently asked questions
What is the Incorporation or founding date of T.V. Sundram Iyengar & Sons Private Limited?
T.V. Sundram Iyengar & Sons Private Limited was incorporated on 11 Oct 1929.
What is authorized share capital and paid-up capital of T.V. Sundram Iyengar & Sons Private Limited?
The authorized share capital of T.V. Sundram Iyengar & Sons Private Limited is ₹ 37.10 Cr and paid-up capital is ₹ 15.75 Cr.
Who are the current board members & directors of T.V. Sundram Iyengar & Sons Private Limited?
Currently 13 directors are associated with T.V. Sundram Iyengar & Sons Private Limited.
- Tirumala Kumara Balaji
- Santhanam Ram
- Suresh Krishna
- Venu Srinivasan
- Srinath Ratnam Rajam
- Srivats Ram
- Santhanam Viji
- Gopal Srinivasan
- Ramachandhran Haresh
- Ramachandhran Dinesh
- Krishna Mahesh
- Krishna Ramesh
- Sivaraman Ganesan
What is the registered address of T.V. Sundram Iyengar & Sons Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of T.V. Sundram Iyengar & Sons Private Limited is Tvs Building West Veli Streetmadurai., Madurai., Tamil Nadu, India, 625001.
What is the corporate identification number (CIN) and company number of T.V. Sundram Iyengar & Sons Private Limited?
The corporate identification number (CIN) of T.V. Sundram Iyengar & Sons Private Limited is U34101TN1929PTC002973 and the company number is 002973 as per Ministry of Corporate Affairs (MCA).
What is the official website of T.V. Sundram Iyengar & Sons Private Limited?
The Official website of T.V. Sundram Iyengar & Sons Private Limited is https://www.tvseurogrip.com
What has been the recent revenue trend for T.V. Sundram Iyengar & Sons Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for T.V. Sundram Iyengar & Sons Private Limited has fallen by -99.93%.
How many employees does T.V. Sundram Iyengar & Sons Private Limited currently have?
As Per 2023 financial reports, 6735 employees are currently employed by T.V. Sundram Iyengar & Sons Private Limited.
What change has been observed in the net worth of T.V. Sundram Iyengar & Sons Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of T.V. Sundram Iyengar & Sons Private Limited has experienced an downturn of -62.59%.
What are the total open charges for T.V. Sundram Iyengar & Sons Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for T.V. Sundram Iyengar & Sons Private Limited amount to ₹ 112.58 Cr.
When was the last Balance Sheet of T.V. Sundram Iyengar & Sons Private Limited filed with the ROC?
The most recent Balance Sheet for T.V. Sundram Iyengar & Sons Private Limited was filed with the ROC on 31 Mar 2023.
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