Turbo Automotives Private Limited
Manufacturer and trader of various car parts and accessories, established in 2014.
2014 | Undrajavaram, Andhra Pradesh (India) | Active
Turbo Automotives Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.85 Cr
- Company Age 10 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.16 Cr
- Revenue Growth 19.02%
- Profit Growth 10.26%
- Ebitda 34.20%
- Net Worth 22.55%
- Total Assets 49.10%
About Turbo Automotives
Turbo Automotives Private Limited (TAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 December 2014 and has a history of Ten years and six months. Its registered office is in Undrajavaram, Andhra Pradesh.
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 2.00 Cr and a paid-up capital of Rs 1.85 Cr.
The company currently has active open charges totaling ₹12.16 Cr.
Karuturi Suresh and Sree Sunkavalli serve as directors at the Company.
Company Details
- Location Undrajavaram, Andhra Pradesh
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U63000AP2014PTC095757
- Company No.
095757
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Dec 2014
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Automotive
Turbo Automotives Private Limited
Explore comprehensive data for Turbo Automotives Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Turbo Automotives?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sree Sunkavalli  | Managing Director | 02-Dec-2014 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Karuturi Suresh | Director | 02-Dec-2014 | Current |
Financial Performance of Turbo Automotives.
Turbo Automotives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.02% increase. The company also saw a substantial improvement in profitability, with a 10.26% increase in profit. The company's net worth Soared by an impressive increase of 22.55%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Turbo Automotives?
In 2023, Turbo Automotives had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Turbo Produce Private Limited
Karuturi Suresh is a mutual person
- Bhogavalli Auto Trade Private Limited
Karuturi Suresh is a mutual person
- Brand Agro Trade Private Limited
Karuturi Suresh is a mutual person
Charges (Loans)
Open Charges
₹12.16 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 11.90 Cr
- Hdfc Bank Limited : 0.26 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Sep 2021 | Hdfc Bank Limited | ₹2.58 M | Open |
| 11 Jun 2015 | State Bank Of India | ₹11.90 Cr | Open |
How Many Employees Work at Turbo Automotives?
Turbo Automotives has a workforce of 27 employees as of Apr 07, 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 Turbo Automotives, 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 Turbo Automotives'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 Turbo Automotives
Recent activity within the organization
- Annual General Meeting
Turbo Automotives Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with State Bank Of India of Rs. 11.90 Cr registered on 11 Jun 2015 with Charge ID 10594514 was modified on 27 Apr 2023.
- Balance Sheet
Turbo Automotives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.26 Cr with Charge ID 100505054 was registered on 09 Sep 2021.
- Charges
A charge with State Bank Of India amounted to Rs. 11.90 Cr with Charge ID 10594514 was registered on 11 Jun 2015.
- Director Appointment
Karuturi Suresh was appointed as a Director was appointed as a Director on 02 Dec 2014 & has been associated with this company since 10 years 6 months .
Frequently asked questions
What is the Incorporation or founding date of Turbo Automotives Private Limited?
Turbo Automotives Private Limited was incorporated on 02 Dec 2014.
What is authorized share capital and paid-up capital of Turbo Automotives Private Limited?
The authorized share capital of Turbo Automotives Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.85 Cr.
Who are the current board members & directors of Turbo Automotives Private Limited?
Currently 2 directors are associated with Turbo Automotives Private Limited.
- Karuturi Suresh
- Sree Satyaharsha Sunkavalli
What is the registered address of Turbo Automotives Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Turbo Automotives Private Limited is D.No 4-6, Tadiparru W G Dt India, Undrajavaram, Andhra Pradesh, 534339.
What is the corporate identification number (CIN) and company number of Turbo Automotives Private Limited?
The corporate identification number (CIN) of Turbo Automotives Private Limited is U63000AP2014PTC095757 and the company number is 095757 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Turbo Automotives Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Turbo Automotives Private Limited has risen by 19.02%.
How many employees does Turbo Automotives Private Limited currently have?
As Per 2023 financial reports, 27 employees are currently employed by Turbo Automotives Private Limited.
What change has been observed in the net worth of Turbo Automotives Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Turbo Automotives Private Limited has experienced an upsurge of 22.55%.
What are the total open charges for Turbo Automotives Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Turbo Automotives Private Limited amount to ₹ 12.16 Cr.
When was the last Balance Sheet of Turbo Automotives Private Limited filed with the ROC?
The most recent Balance Sheet for Turbo Automotives Private Limited was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
SE
Swami EdupugantiDirector
Similar Companies Based on Auto Dealership & Trading
Renault India Private Limited Kanchipuram, Tamil Nadu, India
Pps Motors Private Limited Hyderabad, Telangana, India
My Car (Pune) Private Limited Pune, Maharashtra, India
Mobis India Limited Kanchipuram, Tamil Nadu, India
Varun Motors Private Limited Visakhapatnam, Andhra Pradesh, India
Automotive Manufacturers Private Limited Mumbai, Maharashtra, India
Cie Automotive India Limited Mumbai, Maharashtra, India
Sai Service Private Limited Pune, Maharashtra, India