Tvs Automobile Solutions Profile
Key Indicators
- Authorised Capital ₹ 27.00 Cr
- Paid Up Capital ₹ 12.02 Cr
- Company Age 15 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 148.00 Cr
- Satisfied Charges ₹ 238.00 Cr
- Revenue Growth -3.33%
- Profit Growth -1070.11%
- Ebitda -31.76%
- Net Worth -7.24%
- Total Assets -21.35%
About Tvs Automobile Solutions
Tvs Automobile Solutions Private Limited (TASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 April 2009 and has a history of 15 years and ten months. Its registered office is in Madurai, Tamil Nadu, India.
The Corporate was formerly known as My Automotive Integrated Services Private 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 27.00 Cr and a paid-up capital of Rs 12.02 Cr.
The company currently has active open charges totaling ₹148.00 Cr. The company has closed loans amounting to ₹238.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Tvs Automobile Solutions Private Limited India is Nirogi Kumar as COMPANY SECRETARY. Muthuswami Lakshminarayan, Aroon Raman, Shobhana Ramachandhran, and Six other members serve as directors at the Company.
Company Details
- Location
Madurai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U34100TN2009PTC071439
- Company No.
071439
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Apr 2009
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Automotive
What products or services does Tvs Automobile Solutions Private Limited offer?
Tvs Automobile Solutions Private Limited offers a wide range of products and services, including Automobile Repairing and Maintenance, Four Wheeler Repair and Maintenance Services.
Who are the key members and board of directors at Tvs Automobile Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nirogi Kumar | Company Secretary | 10-Aug-2022 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Muthuswami Lakshminarayan  | Director | 11-Jul-2012 | Current |
| Narayanan Moorthy | Director | 27-Mar-2013 | Current |
| Aroon Raman | Director | 13-Jun-2011 | Current |
| Shobhana Ramachandhran | Director | 20-Jun-2016 | Current |
| Ramachandhran Dinesh | Director | 12-Nov-2010 | Current |
| Sachin Kamath | Director | 12-Jan-2011 | Current |
Financial Performance of Tvs Automobile Solutions.
Tvs Automobile Solutions Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 3.33% decrease. The company also saw a substantial fall in profitability, with a 1070.11% decrease in profit. The company's net worth dipped by a decrease of 7.24%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Tvs Automobile Solutions?
In 2022, Tvs Automobile Solutions had a promoter holding of 38.90% and a public holding of 61.10%. The company had 8 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tvs Argomm Private LimitedShobhana Ramachandhran is a mutual person
Sundaram Industries Private LimitedShobhana Ramachandhran is a mutual person
Xcalibur Mcphar Private LimitedSachin Kamath is a mutual person
Jai And Sons Private LimitedNarayanan Moorthy is a mutual person
Global Tvs Bus Body Builders LimitedSrinivasa Gopalan is a mutual person
Asm Technologies LimitedMuthuswami Lakshminarayan is a mutual person
Charges (Loans)
Open Charges
₹148.00 Cr
Satisfied Charges
₹238.00 Cr
Charges Breakdown by Lending Institutions
- Others : 148.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jun 2024 | Others | ₹50.00 Cr | Open |
| 10 Aug 2023 | Others | ₹18.00 Cr | Open |
| 21 Nov 2018 | Others | ₹60.00 Cr | Open |
| 26 Dec 2013 | Others | ₹20.00 Cr | Open |
| 31 Mar 2021 | Others | ₹26.00 Cr | Satisfied |
How Many Employees Work at Tvs Automobile Solutions?
Tvs Automobile Solutions has a workforce of 127 employees as of Mar 21, 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 Tvs Automobile Solutions, 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 Tvs Automobile Solutions'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 Tvs Automobile Solutions
Recent activity within the organization
- Director Appointment
Kenji Nakatani was appointed as a Additional Director was appointed as a Additional Director on 01 Aug 2024 & has been associated with this company since 7 months 2 days .
- Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100940329 was registered on 11 Jun 2024.
- Annual General Meeting
Tvs Automobile Solutions Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Director Appointment
Yutaka Yoshida was appointed as a Director was appointed as a Director on 02 Sep 2023 & has been associated with this company since 1 year 6 months .
- Charges
A charge registered on 27 Mar 2015 via Charge ID 10568919 with Others was fully satisfied on 22 Aug 2023.
- Charges
A charge with Others of Rs. 20.00 Cr registered on 26 Dec 2013 with Charge ID 10477034 was modified on 22 Aug 2023.
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 Tvs Automobile Solutions Private Limited?
Tvs Automobile Solutions Private Limited was incorporated on 24 Apr 2009.
What is authorized share capital and paid-up capital of Tvs Automobile Solutions Private Limited?
The authorized share capital of Tvs Automobile Solutions Private Limited is ₹ 27.00 Cr and paid-up capital is ₹ 12.02 Cr.
Who are the current board members & directors of Tvs Automobile Solutions Private Limited?
Currently 10 directors are associated with Tvs Automobile Solutions Private Limited.
- Muthuswami Lakshminarayan
- Aroon Raman
- Shobhana Ramachandhran
- Ramachandhran Dinesh
- Sachin Nithyanand Kamath
- Narayanan Krishna Moorthy
- Srinivasa Raghavan Gopalan
- Yutaka Yoshida
- Kenji Nakatani
- Nirogi Venkata Sesha Pavan Kumar
What is the registered address of Tvs Automobile Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Tvs Automobile Solutions Private Limited is No.10 Jawahar Road, Chokkikulam India, Madurai, Tamil Nadu, 625002.
What is the corporate identification number (CIN) and company number of Tvs Automobile Solutions Private Limited?
The corporate identification number (CIN) of Tvs Automobile Solutions Private Limited is U34100TN2009PTC071439 and the company number is 071439 as per Ministry of Corporate Affairs (MCA).
What is the official website of Tvs Automobile Solutions Private Limited?
The Official website of Tvs Automobile Solutions Private Limited is https://www.tvsautomobilesolutions.com
What has been the recent revenue trend for Tvs Automobile Solutions Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Tvs Automobile Solutions Private Limited has fallen by -3.33%.
How many employees does Tvs Automobile Solutions Private Limited currently have?
As Per 2022 financial reports, 127 employees are currently employed by Tvs Automobile Solutions Private Limited.
What change has been observed in the net worth of Tvs Automobile Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Tvs Automobile Solutions Private Limited has experienced an downturn of -7.24%.
What are the total open charges for Tvs Automobile Solutions Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Tvs Automobile Solutions Private Limited amount to ₹ 148.00 Cr.
When was the last Balance Sheet of Tvs Automobile Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Tvs Automobile Solutions Private Limited was filed with the ROC on 31 Mar 2023.
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