Tvashta Engineering Pvt Ltd

Manufactures and trades bicycle parts and components since 1990 in Ludhiana, Punjab.

1990 | Punjab, Punjab (India) | Active
Last Updated: January 11, 2025

Tvashta Engineering Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 34 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.29 Cr
  • Satisfied Charges ₹ 2.20 Cr
  • Revenue Growth 11.83%
  • Profit Growth 8.00%
  • Ebitda 118.68%
  • Net Worth 7.65%
  • Total Assets -12.16%

About Tvashta Engineering

Tvashta Engineering Pvt Ltd (TEPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 October 1990 and has a history of 34 years and four months. Its registered office is in Punjab, Punjab.

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 2.00 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹1.29 Cr. The company has closed loans amounting to ₹2.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Puneet Chawla, Tushar Chawla, and Poonam Chawla serve as directors at the Company.

Company Details

  • Location Punjab, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    tvashta.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999PB1990PTC010727

  • Company No.

    010727

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Oct 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive

What products or services does Tvashta Engineering Pvt Ltd offer?

Tvashta Engineering Pvt Ltd offers a wide range of products and services, including Automobile Fittings & Components, Wheel Hub, Ball Bearing Assemblies & Components, Metal And Non Metal Balls.

Who are the key members and board of directors at Tvashta Engineering?

Board Members (3)

Name Designation Appointment Date Status
Puneet Chawla Country flag representing In Director 08-Oct-1990 Current
Tushar Chawla Country flag representing In Director 23-May-2015 Current
Poonam Chawla Country flag representing In Director 23-May-2015 Current

Financial Performance of Tvashta Engineering.

Tvashta Engineering Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 11.83% increase. The company also saw a slight improvement in profitability, with a 8% increase in profit. The company's net worth moved up by a moderate rise of 7.65%.

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
11.83%
Revenue from Operations
11.77%
Total Assets
-12.16%
Profit or Loss
8.00%
Net Worth
7.65%
EBITDA
118.68%

What is the Ownership and Shareholding Structure of Tvashta Engineering?

In 2021, Tvashta Engineering had a promoter holding of 86.20% and a public holding of 13.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.91 M

Satisfied Charges

₹21.95 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.29 Cr

Latest Charge Details

Date Lender Amount Status
07 Oct 2016 Hdfc Bank Limited ₹1.29 Cr Open
26 Jul 2014 Hdb Financial Services Limited ₹1.05 Cr Satisfied
16 Apr 2003 State Bank Of India ₹7.40 M Satisfied
27 Jul 2000 State Bank Of India ₹2.10 M Satisfied
27 Jul 1996 State Bank Of India ₹1.95 M Satisfied

How Many Employees Work at Tvashta Engineering?

Tvashta Engineering has a workforce of 7 employees as of Apr 05, 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 Tvashta Engineering, 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 Tvashta Engineering'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 Tvashta Engineering

Recent activity within the organization

  • Annual General Meeting

    Tvashta Engineering Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Tvashta Engineering Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 12.91 M registered on 07 Oct 2016 with Charge ID 100064172 was modified on 13 Oct 2020.

    13 Oct 2020

  • Charges

    A charge registered on 26 Jul 2014 via Charge ID 10516440 with Hdb Financial Services Limited was fully satisfied on 17 Jan 2017.

    17 Jan 2017

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 12.91 M with Charge ID 100064172 was registered on 07 Oct 2016.

    07 Oct 2016

  • Director Appointment

    Tushar Chawla was appointed as a Director was appointed as a Director on 23 May 2015 & has been associated with this company since 9 years 8 months .

    23 May 2015

Frequently asked questions

  • Tvashta Engineering Pvt Ltd was incorporated on 08 Oct 1990.

  • The authorized share capital of Tvashta Engineering Pvt Ltd is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 3 directors are associated with Tvashta Engineering Pvt Ltd.

    • Puneet Chawla
    • Tushar Chawla
    • Poonam Chawla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tvashta Engineering Pvt Ltd is E 262 Phase Ivfocal Point Ludhiana India, Punjab.

  • The corporate identification number (CIN) of Tvashta Engineering Pvt Ltd is U74999PB1990PTC010727 and the company number is 010727 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tvashta Engineering Pvt Ltd is https://www.tvashta.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Tvashta Engineering Pvt Ltd has risen by 11.83%.

  • As Per 2022 financial reports, 7 employees are currently employed by Tvashta Engineering Pvt Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Tvashta Engineering Pvt Ltd has experienced an upsurge of 7.65%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Tvashta Engineering Pvt Ltd amount to ₹ 1.29 Cr.

  • The most recent Balance Sheet for Tvashta Engineering Pvt Ltd was filed with the ROC on 31 Mar 2024.

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