Turbo Bearings Private Limited Company Logo

Turbo Bearings Private Limited - Company Profile

It is a machinery and equipment private limited company based in Rajkot, Gujarat, India, established in 1988.

1988 | Rajkot, Gujarat, India | Active
Last Updated:

About Turbo Bearings Private Limited

Turbo Bearings Private Limited, a active private limited company, was established on 31 May 1988 in Rajkot, Gujarat, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: U29120GJ1988PTC010777. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹4.64 M.

It upholds a compliant status. Employing 233 professional, Its leadership includes Brijen Paresh Bhai Vasani (Managing Director), Jitendra Pratapbhai Vasani (Whole-Time Director), Pareshbhai Pratapbhai Vasani (Whole-Time Director). Past directors included Brijen Paresh Bhai Vasani, Pratapbhai Ranchhodbhai Vasani, Pareshbhai Pratapbhai Vasani. It holds ₹7.00 Cr open charges and ₹4.15 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No 250 & 251 Q Roadaji G I D C -2 3, Rajkot, Gujarat.

Company Details

  • CIN/LLPIN

    U29120GJ1988PTC010777

  • Registration Number

    010777

  • Incorporation Date

    31 May 1988

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹4.64 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 4.64 M
  • Company Age 37 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.00 Cr
  • Satisfied Charges ₹ 4.15 Cr
  • Revenue Growth 41.73%
  • Profit Growth 52.67%
  • Ebitda 34.68%
  • Net Worth 16.92%
  • Total Assets 17.53%
Company report

Turbo Bearings Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Turbo Bearings Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Turbo Bearings Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Brijen Paresh Bhai VasaniManaging Director31 Dec 2020Current
Jitendra Pratapbhai VasaniWhole-Time Director01 Aug 2001Current
Pareshbhai Pratapbhai VasaniWhole-Time Director25 Sep 1999Current
Kiritkumar Solanki TribhovanbhaiWhole-Time Director25 Sep 1999Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector01 Jan 2021Past
Pramod AbcsddWhole-Time Director01 Apr 2025Past
Pramod AbcsddManaging Director31 Mar 2025Past

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Financial Performance of Turbo Bearings.

Turbo Bearings Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 41.73% increase. The company also saw a substantial improvement in profitability, with a 52.67% increase in profit. The company's net worth Soared by an impressive increase of 16.92%.

Turbo Bearings revenue growth over time
Turbo Bearings profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
41.73%
Revenue from Operations
39.20%
Total Assets
17.53%
Profit or Loss
52.67%
Net Worth
16.92%
EBITDA
34.68%

What is the Ownership and Shareholding Structure of Turbo Bearings?

In 2023, Turbo Bearings had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹70,000,000.00

Satisfied Charges

₹41,500,000.00

Charges Breakdown by Lending Institutions

  • Others : 7.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Oct 2020Others₹4.00 CrOpen
16 Oct 2020Others₹3.00 CrOpen
07 Jan 2002Orintal Bank Of Commerce₹3.00 MSatisfied
09 Feb 2000Orintal Bank Of Commerce₹1.85 CrSatisfied
02 Feb 2000Orintal Bank Of Commerce₹1.85 CrSatisfied

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How Many Employees Work at Turbo Bearings?

Turbo Bearings has a workforce of 233 employees as of Apr 05, 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.

Employee growth trends for Turbo Bearings Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Turbo Bearings, 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 Bearings's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Bearings

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Turbo Bearings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Turbo Bearings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was completed.

  • Director Appointment

    The activity Brijen Paresh Bhai Vasani was appointed as a Managing Director was appointed as a Managing Director on 31 Dec 2020 & has been associated with this company since 4 years 11 months . was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100381180 was registered on 16 Oct 2020. was completed.

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100383657 was registered on 16 Oct 2020. was recorded as a recent event.

  • Charges

    The activity A charge registered on 07 Jan 2002 via Charge ID 90100787 with Orintal Bank Of Commerce was fully satisfied on 30 Apr 2016. was completed.

Frequently Asked Questions

  • What is the CIN of Turbo Bearings Private Limited?

    The CIN of Turbo Bearings Private Limited is U29120GJ1988PTC010777.

  • Where is Turbo Bearings Private Limited headquartered?

    Turbo Bearings Private Limited is headquartered at Plot No 250 & 251 Q Roadaji G I D C -2 3, Rajkot, Gujarat.

  • When was Turbo Bearings Private Limited incorporated?

    Turbo Bearings Private Limited was incorporated on 31 May 1988.

  • Who are the current directors of Turbo Bearings Private Limited?

    The current directors of Turbo Bearings Private Limited are

  • What is the primary industry of Turbo Bearings Private Limited?

    The primary industry of Turbo Bearings Private Limited is Manufacturing.

  • Is Turbo Bearings Private Limited a listed company?

    Turbo Bearings Private Limited is unlisted.

  • What is the capital structure of Turbo Bearings Private Limited?

    The authorized capital of Turbo Bearings Private Limited is ₹3.00 Cr, and the paid-up capital is ₹4.64 M.

  • What is the compliance status of Turbo Bearings Private Limited?

    The compliance status of Turbo Bearings Private Limited is Compliant.

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