T.V. Sundram Iyengar & Sons Private Limited

Leading holding company for automotive distribution, dealership, and servicing with global partnerships and multiple outlets.

1929 | Madurai, Tamil Nadu (India) | Active
Last Updated: July 11, 2024

T.V. Sundram Iyengar & Sons Profile

Key Indicators

  • Authorised Capital ₹ 37.10 Cr
  • Paid Up Capital ₹ 15.75 Cr
  • Company Age 95 Year, 3 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 three 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
  • 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)

NameDesignationAppointment DateStatus
Ramachandhran Haresh Country flag representing In Managing Director30-Sep-1980Current
Sivaraman Ganesan Country flag representing In Company Secretary15-Apr-2022Current

Board Members (11)

NameDesignationAppointment DateStatus
Venu Srinivasan Country flag representing In Director 29-Jun-1979Current
Srivats Ram Country flag representing In Director 16-Jun-2005Current
Gopal Srinivasan Country flag representing In Director 31-Aug-1979Current
Tirumala Balaji Country flag representing In Director 31-Aug-1979Current
Santhanam Ram Country flag representing In Director 25-Dec-1970Current
Suresh Krishna Country flag representing In Director 25-Dec-1970Current

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%.

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
-99.93%
Revenue from Operations
Total Assets
-55.40%
Profit or Loss
-107.68%
Net Worth
-62.59%
EBITDA
-109.31%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
20 Feb 2003State Bank Of India₹1.75 CrOpen
27 Aug 1986State Bank Of India₹110.83 CrOpen
09 Mar 2021Others₹350.00 CrSatisfied
20 Jan 2021State Bank Of India₹200.00 CrSatisfied
31 Jan 2019Others₹10.00 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    25 Sep 2023

  • 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.

    31 Mar 2023

  • Charges

    A charge registered on 30 Jul 2009 via Charge ID 10171751 with Hdfc Bank Limited was fully satisfied on 28 Jul 2022.

    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.

    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.

    15 Mar 2022

  • Charges

    A charge registered on 09 Mar 2021 via Charge ID 100429271 with Others was fully satisfied on 10 Mar 2022.

    10 Mar 2022

Recent News, Updates & Announcement

Frequently asked questions

  • T.V. Sundram Iyengar & Sons Private Limited was incorporated on 11 Oct 1929.

  • The authorized share capital of T.V. Sundram Iyengar & Sons Private Limited is ₹ 37.10 Cr and paid-up capital is ₹ 15.75 Cr.

  • 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
  • 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.

  • 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).

  • The Official website of T.V. Sundram Iyengar & Sons Private Limited is https://www.tvseurogrip.com

  • 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%.

  • As Per 2023 financial reports, 6735 employees are currently employed by T.V. Sundram Iyengar & Sons Private Limited.

  • 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%.

  • 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.

  • 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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