MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-HR-05-0037634
Torq Rides Private Limited
Torq Rides Private Limited - information technology in Gurgaon, Haryana, India. Directors, charges & compliance details.
Revenue · FY 2024
₹18.42 Lakh
▼ 4% YoY
Net loss · FY 2024
₹13.22 Lakh
Net margin -71.8%
EBITDA · FY 2024
-₹9.38 Lakh
EBITDA margin -50.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date
About Torq Rides Private Limited
Data last updated:
Torq Rides Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 22 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U72900HR2021PTC098634.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Divakar Kumar and Mishu Ahluwalia.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 22B Tower B2 Spaze I Tech Park Sector – 49 Sohna Road, Gurgaon, Haryana, India – 122001.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.42 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹13.22 Lakh (net margin -71.8%) and EBITDA of -₹9.38 Lakh (EBITDA margin -50.9%).
Torq Rides Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0037634).
Company details
CIN U72900HR2021PTC098634
Registration Number 098634
Incorporation Date 22 October 2021
ROC Haryana
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-HR-05-0037634
Key People
Divakar Kumar Director Mishu Ahluwalia Director Recognitions & Rankings of Torq Rides
Contact details
Torq Rides Private Limited's registered office is in Gurgaon, Haryana.
- Registered Address22B Tower B2 Spaze I Tech Park Sector – 49 Sohna Road, Gurgaon, Haryana, India – 122001
- IndustryInformation Technology, Other Computer Related Activities
Comprehensive company report
Torq Rides Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Torq Rides is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Torq Rides Private Limited, buy the company report.
Financials of Torq Rides Private Limited
FY 2024 filings availableTorq Rides Private Limited reported revenue of ₹18.42 Lakh (down 4% YoY) for FY 2024.
Revenue · FY 2024
₹18.42 Lakh ▼ 4%
Net loss · FY 2024
₹13.22 Lakh margin -71.8%
EBITDA · FY 2024
-₹9.38 Lakh margin -50.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
EBITDA CAGR growth
1 year
▼ 641%
Revenue fell 4% in the latest year. EBITDA fell 641% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹9.38 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹13.22 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -50.9% | ||
| Net Profit Margin | -71.8% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Torq Rides Private Limited, buy the company report.
Board of directors of Torq Rides Private Limited
Torq Rides has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Divakar Kumar | Director | 14 Jul 2023 | 3 Years 3 Months | Current |
| Mishu Ahluwalia | Director | 22 Oct 2021 | 5 Years 0 Months | Current |
Peer comparison
Torq Rides Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Haab Technologies Private Limited | ₹18.48 Lakh (FY 2025) | 45.0% | Hyderabad, Telangana, India | |||
| Livetronics Private Limited | ₹18.46 Lakh (FY 2025) | -30.0% | Kolachery Via, Kerala, India | |||
| Fivestake Software Private Limited | ₹18.45 Lakh (FY 2021) | -7.0% | Ahmedabad, Gujarat, India | |||
| A2j Jauhari Tech Private Limited | ₹18.43 Lakh (FY 2023) | Sahaswan, Uttar Pradesh, India | ||||
| Earticle Media Technology Private Limited | ₹18.42 Lakh (FY 2025) | -27.0% | Chunar, Uttar Pradesh, India | |||
| Torq Rides Private Limitedthis company | ₹18.42 Lakh (FY 2024) | -₹13.22 Lakh | -71.8% | -4.0% | Gurgaon, Haryana, India | |
| Qurex Health Technologies Private Limited | ₹18.42 Lakh (FY 2024) | 3882.0% | Delhi, India | |||
| Aify Innovation Labs Private Limited | ₹18.42 Lakh (FY 2024) | 67.0% | Allahabad, Uttar Pradesh, India | |||
| Foretek Solution and Services (OPC) Private Limited | ₹18.4 Lakh (FY 2025) | Dadri, Uttar Pradesh, India | ||||
| Cloud Park IT Solutions Private Limited | ₹18.39 Lakh (FY 2024) | 224.0% | Puducherry, India | |||
| Kindersoft Technologies Private Limited | ₹18.39 Lakh (FY 2021) | 186.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Torq Rides Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Torq Rides 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 Torq Rides 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 Torq Rides Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Torq Rides Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Divakar . Kumar ceased to be Additional Director on 29 Sep 2023.
AGM
Torq Rides Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Torq Rides Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Haryana.
Ceased
Divakar . Kumar ceased to be Additional Director.
Ceased
Nikhil ceased to be Director.
Appointed
Divakar Kumar was appointed as Director.
Appointed
Mishu Ahluwalia was appointed as Director.
Incorporation
22 Oct 2021
Torq Rides Private Limited was registered on 22 Oct 2021 with Roc Haryana & aged 5 years 12 days as per MCA records.
Frequently asked questions
Torq Rides is an active private limited company based in Gurgaon, Haryana, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 22 October 2021 (5+ years old) and is registered under CIN U72900HR2021PTC098634.
Torq Rides has 2 current directors:
- Divakar Kumar - Director
- Mishu Ahluwalia - Director
The latest financial statements of Torq Rides on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Torq Rides is U72900HR2021PTC098634. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Torq Rides was incorporated on 22 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Haryana.
The peers of Torq Rides by revenue are Haab Technologies Private Limited, Livetronics Private Limited, Fivestake Software Private Limited, A2j Jauhari Tech Private Limited, Earticle Media Technology Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Divakar . Kumar ceased to be Additional Director on 29 Sep 2023. Nikhil ceased to be Director on 15 Jul 2023. Divakar Kumar was appointed as Director on 14 Jul 2023. Torq Rides has 4 board changes on record in total.
Yes, Torq Rides is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-05-0037634).
The registered office of Torq Rides is at 22B Tower B2 Spaze I Tech Park Sector – 49 Sohna Road, Gurgaon, Haryana, India – 122001.
Torq Rides operates in the information technology industry, in the other computer related activities segment.
Torq Rides can be reached at its registered office: 22B Tower B2 Spaze I Tech Park Sector – 49 Sohna Road, Gurgaon, Haryana, India – 122001.
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