Tyresoles (India) Profile
Key Indicators
- Authorised Capital ₹ 1.20 Cr
- Paid Up Capital ₹ 1.28 M
- Company Age 34 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.35 Cr
- Satisfied Charges ₹ 3.08 Cr
- Revenue Growth 107.92%
- Profit Growth -20.69%
- Ebitda -6.75%
- Net Worth 8.98%
- Total Assets 4.10%
About Tyresoles (India)
Tyresoles (India) Private Limited (TIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 November 1990 and has a history of 34 years and three 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 1.20 Cr and a paid-up capital of Rs 1.28 M.
The company currently has active open charges totaling ₹4.35 Cr. The company has closed loans amounting to ₹3.08 Cr, as per Ministry of Corporate Affairs (MCA) records.
Karun Sanghi, Vasundhara Sanghi, Rajesh Shetty, and One other member 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
U25110MH1990PTC059023
- Company No.
059023
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Nov 1990
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Tyresoles (India)?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Karun Sanghi  | Director | 10-Dec-1990 | Current |
| Vasundhara Sanghi | Director | 16-Dec-1995 | Current |
| Rajesh Shetty | Director | 29-Mar-2007 | Current |
| Ramamurti Rao | Director | 08-May-2009 | Current |
Financial Performance of Tyresoles (India).
Tyresoles (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 107.92% increase. The company also saw a substantial fall in profitability, with a 20.69% decrease in profit. The company's net worth moved up by a moderate rise of 8.98%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Tyresoles (India)?
In 2023, Tyresoles (India) had a promoter holding of 94.99% and a public holding of 5.01%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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- Presto Tyresoles Retreading Private Limited
Karun Sanghi, Vasundhara Sanghi and 1 more are mutual person
- Tyresoles Retreading (Gujarat) Private Limited
Karun Sanghi and Vasundhara Sanghi are mutual person
J D Jones And Co (Bombay) Pvt LtdKarun Sanghi is a mutual person
Sah & Sanghi Brands Private LimitedKarun Sanghi is a mutual person
Charges (Loans)
₹4.35 Cr
₹3.08 Cr
Charges Breakdown by Lending Institutions
- Others : 4.00 Cr
- The Saraswat Co-Operative Bank Ltd. : 0.35 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Feb 2013 | The Saraswat Co-Operative Bank Ltd. | ₹1.00 M | Open |
| 01 Feb 2013 | Others | ₹4.00 Cr | Open |
| 01 Feb 2013 | The Saraswat Co-Operative Bank Ltd. | ₹2.50 M | Open |
| 01 Feb 2013 | The Saraswat Co-Operative Bank Ltd. | ₹2.50 M | Satisfied |
| 17 Aug 2009 | The Saraswat Co.Op. Bank Limited | ₹4.19 M | Satisfied |
How Many Employees Work at Tyresoles (India)?
Tyresoles (India) has a workforce of 229 employees as of Mar 23, 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 Tyresoles (India), 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 Tyresoles (India)'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.