Tyresoles (India) Profile
Key Indicators
- Authorised Capital ₹ 1.20 Cr
- Paid Up Capital ₹ 1.28 M
- Company Age 34 Year, 4 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 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 1.20 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
Automotive
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
- Profit and Loss
- Cash Flow
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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)
Bhuira Jams Private LimitedKarun Sanghi and Ramamurti Rao are mutual person
- Feni Project Private Limited
Karun Sanghi, Vasundhara Sanghi and 1 more are mutual person
- 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)
Open Charges
₹4.35 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Tyresoles (India)
Recent activity within the organization
- Annual General Meeting
Tyresoles (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Tyresoles (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Others of Rs. 4.00 Cr registered on 01 Feb 2013 with Charge ID 10403028 was modified on 16 Sep 2022.
- Charges
A charge registered on 01 Feb 2013 via Charge ID 10407378 with The Saraswat Co-Operative Bank Ltd. was fully satisfied on 20 Aug 2019.
- Charges
A charge registered on 17 Aug 2009 via Charge ID 10174516 with The Saraswat Co.Op. Bank Limited was fully satisfied on 15 Sep 2016.
- Charges
A charge registered on 01 Jul 1999 via Charge ID 90166625 with The Saraswat Bank was fully satisfied on 15 Sep 2016.
Frequently asked questions
What is the Incorporation or founding date of Tyresoles (India) Private Limited?
Tyresoles (India) Private Limited was incorporated on 16 Nov 1990.
What is authorized share capital and paid-up capital of Tyresoles (India) Private Limited?
The authorized share capital of Tyresoles (India) Private Limited is ₹ 1.20 Cr and paid-up capital is ₹ 1.28 M.
Who are the current board members & directors of Tyresoles (India) Private Limited?
Currently 4 directors are associated with Tyresoles (India) Private Limited.
- Karun Krishna Sanghi
- Vasundhara Karun Sanghi
- Rajesh Vasudev Shetty
- Ramamurti Lakshmi Narayana Rao
What is the registered address of Tyresoles (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Tyresoles (India) Private Limited is 1001 Godambe Appt. Chs Ltd Anand Building Chitrakar Dhurandhar Marg Nr Gabana Kha R West, India, Mumbai, Maharashtra, 400052.
What is the corporate identification number (CIN) and company number of Tyresoles (India) Private Limited?
The corporate identification number (CIN) of Tyresoles (India) Private Limited is U25110MH1990PTC059023 and the company number is 059023 as per Ministry of Corporate Affairs (MCA).
What is the official website of Tyresoles (India) Private Limited?
The Official website of Tyresoles (India) Private Limited is https://www.tyresoles.com
What has been the recent revenue trend for Tyresoles (India) Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Tyresoles (India) Private Limited has risen by 107.92%.
How many employees does Tyresoles (India) Private Limited currently have?
As Per 2023 financial reports, 229 employees are currently employed by Tyresoles (India) Private Limited.
What change has been observed in the net worth of Tyresoles (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Tyresoles (India) Private Limited has experienced an upsurge of 8.98%.
What are the total open charges for Tyresoles (India) Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Tyresoles (India) Private Limited amount to ₹ 4.35 Cr.
When was the last Balance Sheet of Tyresoles (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Tyresoles (India) Private Limited was filed with the ROC on 31 Mar 2023.