Tyre Grip Private Limited

Specializes in retreading and manufacturing tyres for various vehicles, including electric curing for radial tyres.

2013 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Tyre Grip Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 11 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.25 Cr
  • Revenue Growth -20.11%
  • Profit Growth 55.78%
  • Ebitda 46.94%
  • Net Worth 5.23%
  • Total Assets 6.06%

About Tyre Grip

Tyre Grip Private Limited (TGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 September 2013 and has a history of 11 years and four months. Its registered office is in Mumbai, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹2.25 Cr.

Rajendra Sarvaiya, Prasad Mahajan, and Sanjeev Kunder serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74120MH2013PTC248378

  • Company No.

    248378

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Sep 2013

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

What products or services does Tyre Grip Private Limited offer?

Tyre Grip Private Limited offers a wide range of products and services, including Two Wheeler Tyres, Track Tyres, Motorcycle Tyres, Bike Tyres.

Who are the key members and board of directors at Tyre Grip?

Board Members (3)

Name Designation Appointment Date Status
Rajendra Sarvaiya Country flag representing In Director 20-Sep-2013 Current
Prasad Mahajan Country flag representing In Director 20-Sep-2013 Current
Sanjeev Kunder Country flag representing In Director 20-Sep-2013 Current

Financial Performance of Tyre Grip.

Tyre Grip Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.11% decrease. The company also saw a substantial improvement in profitability, with a 55.78% increase in profit. The company's net worth moved up by a moderate rise of 5.23%.

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
-20.11%
Revenue from Operations
-19.48%
Total Assets
6.06%
Profit or Loss
55.78%
Net Worth
5.23%
EBITDA
46.94%

What is the Ownership and Shareholding Structure of Tyre Grip?

In 2023, Tyre Grip had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.25 Cr

Latest Charge Details

Date Lender Amount Status
17 Oct 2014 Others ₹1.00 Cr Open
10 Oct 2014 Others ₹1.25 Cr Open

How Many Employees Work at Tyre Grip?

Tyre Grip has a workforce of 33 employees as of Apr 02, 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 Tyre Grip, 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 Tyre Grip'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 Tyre Grip

Recent activity within the organization

  • Annual General Meeting

    Tyre Grip Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Tyre Grip Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 10.00 M registered on 17 Oct 2014 with Charge ID 10533608 was modified on 23 Oct 2018.

    23 Oct 2018

  • Charges

    A charge with Others of Rs. 12.50 M registered on 10 Oct 2014 with Charge ID 10533610 was modified on 23 Oct 2018.

    23 Oct 2018

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 10533608 was registered on 17 Oct 2014.

    17 Oct 2014

  • Charges

    A charge with Others amounted to Rs. 12.50 M with Charge ID 10533610 was registered on 10 Oct 2014.

    10 Oct 2014

Frequently asked questions

  • Tyre Grip Private Limited was incorporated on 20 Sep 2013.

  • The authorized share capital of Tyre Grip Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 3 directors are associated with Tyre Grip Private Limited.

    • Rajendra Shantilal Sarvaiya
    • Prasad Gajanan Mahajan
    • Sanjeev Kunder
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tyre Grip Private Limited is A/102 Bldg No. 67 A Wing Dayasagar Hsg Soc Opp Muncipal Ground Tilak Nagar, Chembur India, Mumbai, Maharashtra, 400089.

  • The corporate identification number (CIN) of Tyre Grip Private Limited is U74120MH2013PTC248378 and the company number is 248378 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tyre Grip Private Limited is https://www.tyregrip.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tyre Grip Private Limited has fallen by -20.11%.

  • As Per 2023 financial reports, 33 employees are currently employed by Tyre Grip Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tyre Grip Private Limited has experienced an upsurge of 5.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tyre Grip Private Limited amount to ₹ 2.25 Cr.

  • The most recent Balance Sheet for Tyre Grip Private Limited was filed with the ROC on 31 Mar 2023.