Torque Holdings LLP
About Torque Holdings LLP
Data last updated:
Torque Holdings LLP is a limited liability partnership (LLP) based in Vadodara, Gujarat, India. It operates in the holding company segment of the financial services sector. It was incorporated on 18 June 2010 and has been in existence for over 16 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAA-1618. The LLP has 2 GST registrations on record, none of which is active.
The LLP has a total obligation of contribution of ₹25 Lakh. It is led by designated partners including Kuren Manishkumar Amin and Ikshit Manish Amin.
Its latest statement of accounts is for the year ended 31 March 2018. The registered office is at 9 Parishram Society Subhanpura, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2018, the LLP reported a revenue of ₹6.81 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹1.76 Cr (net margin 25.9%) and EBITDA of ₹36.25 Lakh (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 1% over five years.
Court records list 3 cases involving the LLP, including 3 filed against it.
Company details
Contact details
Torque Holdings LLP's registered office is in Vadodara, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address9 Parishram Society Subhanpura, Vadodara, Gujarat, India – 390007
- IndustryFinancial Services, Holding Company
To see the full contact details of Torque Holdings LLP, 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
Financials of Torque Holdings LLP
FY 2018 filings availableTorque Holdings LLP reported revenue of ₹6.81 Cr (up 22% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 22% growth in the latest year. EBITDA fell 9% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Statement of Account and Solvency | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Income and Expenditure | ||||
| Turnover | ||||
| Other Income | ||||
| Total Income | ₹6.81 Cr | |||
| Purchases and Direct Costs | ||||
| Personnel Expenses | ||||
| Administrative Expenses | ||||
| Interest | ||||
| Depreciation | ||||
| Total Expenses | ||||
| Profit Before Tax | ||||
| Tax | ||||
| Profit After Tax | ₹1.76 Cr | |||
| Profit Transferred to Partners | ||||
| Assets and Liabilities | ||||
| Partners' Contribution | ||||
| Reserves and Surplus | ||||
| Secured Loans | ||||
| Unsecured Loans | ||||
| Trade Payables | ||||
| Other Liabilities and Provisions | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Loans and Advances | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Statement of Account and Solvency | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| Net Profit Margin | 25.9% | |||
| Return on Partners' Funds | ||||
| Return on Assets | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Debt to Partners' Funds | ||||
| Interest Coverage | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Turnover Growth | ||||
| Profit Growth | ||||
To see the full financial statements and ratios of Torque Holdings LLP, buy the company report.
Designated partners of Torque Holdings LLP
Torque Holdings has 3 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kuren Manishkumar Amin Also directs: Eco-Build Sustainable Products Private Limited, Stonekraft Developers LLP, Torque International LLP and 4 more | Designated Partner | 18 Jun 2010 | 16 Years 4 Months | Current |
| Ikshit Manish Amin Also directs: Ontime Infrasolutions Private Limited, Tectone Motors Private Limited, Sun Source (India) Limited and 5 more | Designated Partner | 17 Sep 2010 | 16 Years 1 Months | Current |
| Pranav Vipinchandra Parikh Also directs: Heetal M. Patel & Associates LLP, Fountainhead Ventures LLP, Ashna Advisors LLP and 5 more | Designated Partner | 17 Sep 2010 | 16 Years 1 Months | Current |
Auditor
Torque Holdings LLP is audited by JOSHI JAIN & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JOSHI JAIN & CO | FY 2015 | 128820W |
Legal cases
Torque Holdings LLP has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by Idfc First Bank Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Idfc First Bank Ltd | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by M/S. Akzo Nobel India Limited | Disposed |
To see the full case history of Torque Holdings LLP, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Torque Holdings LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Torque Holdings has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Torque Holdings LLP, buy the company report.
Recent activity
Torque Holdings LLP has 4 designated partner changes on record since 2010: 3 appointments and 1 cessation. The latest: Ikshit Manish Amin was appointed as Designated Partner on 17 Sep 2010.
Frequently asked questions
Torque Holdings is an active limited liability partnership based in Vadodara, Gujarat, India. The LLP works in holding company, within the financial services industry. It was incorporated on 18 June 2010 (16+ years old) and is registered under LLPIN AAA-1618.
Torque Holdings has 3 current designated partners:
- Kuren Manishkumar Amin - Designated Partner
- Ikshit Manish Amin - Designated Partner
- Pranav Vipinchandra Parikh - Designated Partner
The latest financial statements of Torque Holdings on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 31 March 2019. Year-wise statements from 2015 are in the company report.
No. Torque Holdings has 2 GST registrations on record and all of them are cancelled or inactive.
The LLPIN (Limited Liability Partnership Identification Number) of Torque Holdings is AAA-1618. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Torque Holdings has 3 court cases on record: 3 filed against it.
Torque Holdings was incorporated on 18 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ikshit Manish Amin was appointed as Designated Partner on 17 Sep 2010. Pranav Vipinchandra Parikh was appointed as Designated Partner on 17 Sep 2010. Priti Kurendu Amin ceased to be Designated Partner on 17 Sep 2010. Torque Holdings has 4 designated partner changes on record in total.
The registered office of Torque Holdings is at 9 Parishram Society Subhanpura, Vadodara, Gujarat, India – 390007.
Torque Holdings operates in the financial services industry, in the holding company segment.