- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0089661

About Tusker Enterprises Private Limited
Data last updated:
Tusker Enterprises Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 02 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U50500KA2017PTC098939. Its GSTIN is 29AAGCT0743E1ZF (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Srinivas Reddy Kasi Raghavareddy and Kumar Reddy Reddy Kasi Reddy Raghava.
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 is at #55/2 – 1 Lavelle Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2023, the company reported a revenue of ₹22.69 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹15.32 Lakh (net margin -0.7%) and EBITDA of ₹30.78 Lakh (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹6.44 Cr and satisfied charges of ₹6.44 Cr on record.
Tusker Enterprises Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0089661). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tusker.asia.
Company details
Recognitions & Rankings of Tusker Enterprises
Contact details
Tusker Enterprises Private Limited's registered office is in Bangalore, Karnataka. Its website is tusker.asia. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#55/2 – 1 Lavelle Road, Bangalore, Karnataka, India – 560001
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Tusker Enterprises Private Limited, 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
Business activity
The main business activity of Tusker Enterprises is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Tusker Enterprises Private Limited, buy the company report.
Financials of Tusker Enterprises Private Limited
FY 2023 filings availableTusker Enterprises Private Limited reported revenue of ₹22.69 Cr (down 11% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 57% 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
| 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 | ₹22.69 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹30.78 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15.32 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.4% | ||||
| Net Profit Margin | -0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Tusker Enterprises Private Limited, buy the company report.
Board of directors of Tusker Enterprises Private Limited
Tusker Enterprises has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivas Reddy Kasi Raghavareddy Also directs: Tusker Pam Private Limited, Tusker Motorcycles Private Limited | Director | 02 Jan 2017 | 9 Years 10 Months | Current |
| Kumar Reddy Reddy Kasi Reddy Raghava Also directs: Raghava Reddy Constructions Private Limited, Saturn Motors Private Limited, Tusker Pam Private Limited and 2 more | Director | 02 Jan 2017 | 9 Years 10 Months | Current |
Peer comparison
Tusker Enterprises Private Limited is compared with the 4 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Velocity Automotives Private Limited | ₹22.78 Cr (FY 2025) | 37.0% | Ambala, Haryana, India | |||
| S M K Motor Private Limited | ₹22.74 Cr (FY 2025) | 24.0% | Chennai, Tamil Nadu, India | |||
| Ajs Riders Private Limited | ₹22.71 Cr (FY 2025) | 5.0% | Bareilly, Uttar Pradesh, India | |||
| Tusker Enterprises Private Limitedthis company | ₹22.69 Cr (FY 2023) | -₹15.32 Lakh | -0.7% | -11.0% | Bangalore, Karnataka, India | |
| Anushka Automotive Private Limited | ₹22.67 Cr (FY 2024) | 80.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Tusker Enterprises Private Limited, buy the company report.
Auditor
Tusker Enterprises Private Limited is audited by Shekar & Yathish for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shekar & Yathish | FY 2023 | 008964S |
Shareholding
The shareholding of Tusker Enterprises Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tusker Enterprises Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jul 2018 | 100221883 | Others | ₹1 Cr | Satisfied | |
| 24 Mar 2017 | 100134586 | Hdfc Bank Limited | ₹1.1 Cr | Satisfied | |
| 20 Mar 2017 | 100103686 | Others | ₹2 Cr | Satisfied | |
| 20 Mar 2017 | 100103691 | Others | ₹1.34 Cr | Satisfied | |
| 20 Mar 2017 | 100103689 | Others | ₹1 Cr | Satisfied |
To see the full charge records of Tusker Enterprises Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Tusker Enterprises 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
Tusker Enterprises Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Advaith Motors Private Limited | |||
| A&R O2o Commerce Private Limited |
To see the full MSME payment records of Tusker Enterprises Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Tusker Enterprises has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCT0743E1ZF | Karnataka | Active | 01 Jul 2017 |
| 30AAGCT0743E1ZW | Goa | Active | 01 Oct 2019 |
To see the full GST registrations and return filing status of Tusker Enterprises Private Limited, buy the company report.
Recent activity
Tusker Enterprises Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Aarti Reddy Srinivas ceased to be Director on 01 Jun 2020.
8 earlier events are in the company report.
Frequently asked questions
Tusker Enterprises is an active private limited company based in Bangalore, Karnataka, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 02 January 2017 (9+ years old) and is registered under CIN U50500KA2017PTC098939.
Tusker Enterprises has 2 current directors:
- Srinivas Reddy Kasi Raghavareddy - Director
- Kumar Reddy Reddy Kasi Reddy Raghava - Director
The latest financial statements of Tusker Enterprises on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Tusker Enterprises is 29AAGCT0743E1ZF, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 30AAGCT0743E1ZW (Goa).
The CIN (Corporate Identification Number) of Tusker Enterprises is U50500KA2017PTC098939. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tusker Enterprises was incorporated on 02 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Tusker Enterprises by revenue are Velocity Automotives Private Limited, S M K Motor Private Limited, Ajs Riders Private Limited, Anushka Automotive Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Aarti Reddy Srinivas ceased to be Director on 01 Jun 2020. Kumar Reddy Reddy Kasi Reddy Raghava was appointed as Director on 02 Jan 2017. Srinivas Reddy Kasi Raghavareddy was appointed as Director on 02 Jan 2017.
Yes, Tusker Enterprises is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0089661).
Tusker Enterprises has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 09 Nov 2021.
Tusker Enterprises can be reached through the website tusker.asia. Its registered office is in Bangalore, Karnataka, India.
The registered office of Tusker Enterprises is at #552 – 1 Lavelle Road, Bangalore, Karnataka, India – 560001.

