Torquesoft Solutions Private Limited
About Torquesoft Solutions Private Limited
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Torquesoft Solutions Private Limited was a private limited company based in Bhopal, Madhya Pradesh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the software development and support services segment of the technology and IT services sector. It was incorporated on 06 July 2015.
The company was registered with the Registrar of Companies (ROC), Gwalior, under CIN U72900MP2015PTC034414.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors including Prakash Hariramani and Cherukuri Ravindhranath Chowdary.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 8 Janki Enclave Kolar Main Road, Bhopal, Madhya Pradesh, India – 462042.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.08 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹3,353 (net margin -3.1%) and EBITDA of ₹36,119 (EBITDA margin 33.3%).
Company details
Contact details
Torquesoft Solutions Private Limited's registered office is in Bhopal, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address8 Janki Enclave Kolar Main Road, Bhopal, Madhya Pradesh, India – 462042
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Torquesoft Solutions Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Torquesoft Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Torquesoft Solutions Private Limited, buy the company report.
Financials of Torquesoft Solutions Private Limited
FY 2018 filings availableTorquesoft Solutions Private Limited reported revenue of ₹1.08 Lakh (down 85% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 85% in the latest year. EBITDA fell 83% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹36,119 | ||
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| Net Profit (PAT) | -₹3,353 | ||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||
| EBITDA Margin | 33.3% | ||
| Net Profit Margin | -3.1% | ||
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To see the full financial statements and ratios of Torquesoft Solutions Private Limited, buy the company report.
Board of directors of Torquesoft Solutions Private Limited
Torquesoft Solutions has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Hariramani Also directs: Ramani Icecream Company Limited, Ramani Holding Private Limited | Director | 06 Jul 2015 | 11 Years 3 Months | As last reported |
| Cherukuri Ravindhranath Chowdary | Director | 06 Jul 2015 | 11 Years 3 Months | As last reported |
| Banshilal Patidar | Director | 06 Jul 2015 | 11 Years 3 Months | As last reported |
| Shobhit Jain | Director | 06 Jul 2015 | 11 Years 3 Months | As last reported |
Auditor
Torquesoft Solutions Private Limited is audited by NAGENDRA PAWAIYA & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAGENDRA PAWAIYA & CO | FY 2016 | 009541C |
Shareholding
The shareholding of Torquesoft Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Torquesoft Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Torquesoft Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Torquesoft Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Torquesoft Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Torquesoft Solutions Private Limited has 4 board changes on record since 2015: 4 appointments. The latest: Banshilal Patidar was appointed as Director on 06 Jul 2015.
Frequently asked questions
Torquesoft Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Torquesoft Solutions was a private limited company based in Bhopal, Madhya Pradesh, India. The company worked in software development and support services, within the information technology industry. It was incorporated on 06 July 2015 and is registered under CIN U72900MP2015PTC034414. The company has been struck off by the Registrar of Companies and is no longer operational.
Torquesoft Solutions had 4 directors:
- Prakash Hariramani - Director
- Cherukuri Ravindhranath Chowdary - Director
- Banshilal Patidar - Director
- Shobhit Jain - Director
The CIN (Corporate Identification Number) of Torquesoft Solutions is U72900MP2015PTC034414. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Torquesoft Solutions is at 8 Janki Enclave Kolar Main Road, Bhopal, Madhya Pradesh, India – 462042.
Torquesoft Solutions was incorporated on 06 July 2015. It is registered with the Registrar of Companies, Gwalior.
The latest financial statements of Torquesoft Solutions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from FY 2016 are in the company report.
Torquesoft Solutions operated in the information technology industry, in the software development and support services segment. It worked in this industry before it was struck off.
Banshilal Patidar was appointed as Director on 06 Jul 2015. Cherukuri Ravindhranath Chowdary was appointed as Director on 06 Jul 2015. Prakash Hariramani was appointed as Director on 06 Jul 2015. Torquesoft Solutions has 4 board changes on record in total.
Torquesoft Solutions can be reached at its registered office: 8 Janki Enclave Kolar Main Road, Bhopal, Madhya Pradesh, India – 462042.