Turineedo Technologies Private Limited
About Turineedo Technologies Private Limited
Data last updated:
Turineedo Technologies Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 05 February 2008.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U62099KA2008PTC045179.
The company had an authorised share capital of ₹1.01 Cr and a paid-up capital of ₹50.17 Lakh. It was formerly known as Nitesh Landholdings Private Limited. It was led by directors Lalgudi Saptharishi Vaidyanathan and Vijay Kumar Arora.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.1 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.08 Cr (net margin 99.6%) and EBITDA of ₹4.08 Cr (EBITDA margin 99.6%).
The company has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹22.79 Cr; the latest was in March 2020. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is Shankheshwar Buildwell Limited with revenue of ₹4.1 Cr.
CIN History of Turineedo Technologies Private Limited
Turineedo Technologies has one previous CIN (Corporate Identification Number): U70102KA2008PTC045179. The current CIN is U62099KA2008PTC045179, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U62099KA2008PTC045179 | Current |
| U70102KA2008PTC045179 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo.23/1 1st Floor, 1st Main Vasanth Nagar, Bangalore, Karnataka, India – 560001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Turineedo Technologies Private Limited
The main business activity of Turineedo Technologies is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Turineedo Technologies Private Limited FY 2023 filings available
Turineedo Technologies Private Limited reported revenue of ₹4.1 Cr (up 19159% YoY) for FY 2023.
Financial Statement Summary of Turineedo Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹4.08 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.08 Cr | •••• | •••• | •••• | •••• |
| 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 of Turineedo Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 99.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Turineedo Technologies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Turineedo Technologies Private Limited
Turineedo Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Kumar Arora Also directs: Hey Spoon Private Limited | Additional Director | 09 Feb 2023 | 3 Years 8 Months | As last reported |
| Lalgudi Saptharishi Vaidyanathan Also directs: Satchmo Holdings Limited, Nirpl Ventures Private Limited, Northroof Ventures Private Limited and 4 more | Director | 28 Jan 2010 | 16 Years 8 Months | As last reported |
Peer Comparison of Turineedo Technologies Private Limited
Turineedo Technologies Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shankheshwar Buildwell Limited | ₹4.1 Cr (FY 2025) | •••• | •••• | 1059.0% | •••• | Ahmedabad, Gujarat, India |
| Prabhat Constructions Private Ltd. | ₹4.1 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Delhi, India |
| Neelkanth Floors Private Limited | ₹4.1 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | New Delhi, Delhi, India |
| Rawalwasia Realty Private Limited | ₹4.1 Cr (FY 2025) | •••• | •••• | 137.0% | •••• | Kolkata, West Bengal, India |
| Viraat Creators Private Limited | ₹4.1 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Turineedo Technologies Private Limited this company | ₹4.1 Cr (FY 2023) | •••• | •••• | 19159.0% | •••• | Bangalore, Karnataka, India |
| Skynet Infra Developers Private Limited | ₹4.1 Cr (FY 2025) | •••• | •••• | 51.0% | •••• | Bathinda, Punjab, India |
| A R Contracts (Delhi) Private Limited | ₹4.09 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | New Delhi, Delhi, India |
| Sundance Estates Private Limited | ₹4.09 Cr (FY 2023) | •••• | •••• | 112.0% | •••• | Periyar Nagar, Tamil Nadu, India |
| Endee Shelters & Properties Private Limited | ₹4.09 Cr (FY 2025) | •••• | •••• | 296.0% | •••• | Chennai, Tamil Nadu, India |
| Maurya Realcon Private Limited | ₹4.09 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Turineedo Technologies by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Turineedo Technologies Private Limited
Turineedo Technologies Private Limited is audited by S V R & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S V R & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Turineedo Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Turineedo Technologies Private Limited
Turineedo Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Turineedo Technologies Private Limited
Turineedo Technologies Private Limited has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹22.79 Cr; the latest was in March 2020.
Deals on record (4 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Vishpush Family Trust, Fijita Outdoor Ads and Networks Private Limited Seller: an individual |
| May 2019 | Funding round | ₹46 Lakh | Investors: an individual |
| Jan 2019 | Funding round | ₹3.2 Lakh | Investors: Vishpush Family Trust |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Turineedo Technologies Private Limited
Employment history and EPFO contributions of people linked to Turineedo Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Turineedo Technologies Private Limited
Turineedo Technologies Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Nitesh Shetty ceased to be Director on 19 Feb 2024.
Credit Ratings, Litigation & Regulatory Alerts for Turineedo Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Turineedo Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Turineedo Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Turineedo Technologies Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Turineedo Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Turineedo Technologies Private Limited
Turineedo Technologies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Turineedo Technologies was a private limited company based in Bangalore, Karnataka, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 05 February 2008 and is registered under CIN U62099KA2008PTC045179. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Turineedo Technologies was incorporated on 05 February 2008. It is registered with the Registrar of Companies, Bangalore.
Turineedo Technologies had 2 directors:
- Vijay Kumar Arora - Additional Director
- Lalgudi Saptharishi Vaidyanathan - Director
The CIN (Corporate Identification Number) of Turineedo Technologies is U62099KA2008PTC045179. 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 Turineedo Technologies is at No.231 1st Floor, 1st Main Vasanth Nagar, Bangalore, Karnataka, India – 560001.
Turineedo Technologies reported revenue of ₹4.1 Cr for FY 2023 (up 19159% YoY).
Turineedo Technologies has an authorised share capital of ₹1.01 Cr and a paid-up capital of ₹50.17 Lakh.
Turineedo Technologies reported a net profit of ₹4.08 Cr (net margin 99.6%) and EBITDA of ₹4.08 Cr (EBITDA margin 99.6%) for FY 2023, as per its filed financial statements.
Turineedo Technologies operated in the real estate and construction industry, in the real estate builders and developers segment.
No. Turineedo Technologies is not listed on any stock exchange. It is an unlisted company.