True Blue Asset Services Private Limited

Provides financing and leasing services for construction and mining equipment and commercial vehicles in multiple states.

2019 | Hyderabad, Telangana (India) | Active
Last Updated:

True Blue Asset Services Profile

Key Indicators

  • Authorised Capital ₹ 9.50 M
  • Paid Up Capital ₹ 5.56 M
  • Company Age 5 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth -17.78%
  • Profit Growth 57.65%
  • Ebitda -82.18%
  • Net Worth 1246.56%
  • Total Assets -11.50%

About True Blue Asset Services

True Blue Asset Services Private Limited (TBASPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 July 2019 (Five years and nine months 1 days old ). Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Financial Services 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 9.50 M and a paid-up capital of Rs 5.56 M.

The company has closed loans amounting to ₹1.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Raja Singh, Venkat Vallabhajoysula, Rohit Chawla, and One other member serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909TG2019PTC134010

  • Company No.

    134010

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Jul 2019

  • Date of AGM

    05 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

What products or services does True Blue Asset Services Private Limited offer?

True Blue Asset Services Private Limited offers a wide range of products and services, including Commercial Vehicles & Three Wheelers, Tipper Trucks, Drilling & Boring Equipment, Land Drilling Rig.

Company report

True Blue Asset Services Private Limited

Explore comprehensive data for True Blue Asset Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at True Blue Asset Services?

Board Members (4)

NameDesignationAppointment DateStatus
Raja Singh Country flag representing In Director 20-Jan-2020Current
Venkat Vallabhajoysula Country flag representing In Director 10-Jul-2019Current
Rohit Chawla Country flag representing In Director 20-Jan-2020Current
Amit Sharma Country flag representing In Director 20-Jan-2020Current

Financial Performance of True Blue Asset Services.

True Blue Asset Services Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.78% decrease. The company also saw a substantial improvement in profitability, with a 57.65% increase in profit. The company's net worth Soared by an impressive increase of 1246.56%.

True Blue Asset Services revenue growth over time
True Blue Asset Services 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
-17.78%
Revenue from Operations
-22.82%
Total Assets
-11.50%
Profit or Loss
57.65%
Net Worth
1246.56%
EBITDA
-82.18%

What is the Ownership and Shareholding Structure of True Blue Asset Services?

In 2023, True Blue Asset Services had a promoter holding of 90.00% and a public holding of 10.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹15.00 M

Charges Breakdown by Lending Institutions

  • Others : 1.50 Cr

Latest Charge Details

DateLenderAmountStatus
20 Apr 2021Others₹7.50 MSatisfied
29 Oct 2020Others₹7.50 MSatisfied

How Many Employees Work at True Blue Asset Services?

True Blue Asset Services has a workforce of 82 employees as of Apr 09, 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 True Blue Asset Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of True Blue Asset Services, 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 True Blue Asset Services'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 True Blue Asset Services

Recent activity within the organization

  • Charges

    A charge registered on 20 Apr 2021 via Charge ID 100448519 with Others was fully satisfied on 13 Feb 2024.

  • Charges

    A charge registered on 29 Oct 2020 via Charge ID 100388123 with Others was fully satisfied on 13 Feb 2024.

  • Annual General Meeting

    True Blue Asset Services Private Limited last Annual general meeting of members was held on 05 Sep 2023 as per latest MCA records.

  • Balance Sheet

    True Blue Asset Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

  • Charges

    A charge with Others amounted to Rs. 7.50 M with Charge ID 100448519 was registered on 20 Apr 2021.

  • Charges

    A charge with Others amounted to Rs. 7.50 M with Charge ID 100388123 was registered on 29 Oct 2020.

Frequently asked questions

  • What is the Incorporation or founding date of True Blue Asset Services Private Limited?

    True Blue Asset Services Private Limited was incorporated on 10 Jul 2019.

  • What is authorized share capital and paid-up capital of True Blue Asset Services Private Limited?

    The authorized share capital of True Blue Asset Services Private Limited is ₹ 9.50 M and paid-up capital is ₹ 5.56 M.

  • Who are the current board members & directors of True Blue Asset Services Private Limited?

    Currently 4 directors are associated with True Blue Asset Services Private Limited.

    • Raja Singh
    • Venkat Ramana Vallabhajoysula
    • Rohit Chawla
    • Amit Sharma
  • What is the registered address of True Blue Asset Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of True Blue Asset Services Private Limited is Gnr Rv Insignia Plot No. 28 29 30 Silicon Valley Layout Madhapur, Hyderabad, Telangana, India, 500034.

  • What is the corporate identification number (CIN) and company number of True Blue Asset Services Private Limited?

    The corporate identification number (CIN) of True Blue Asset Services Private Limited is U51909TG2019PTC134010 and the company number is 134010 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of True Blue Asset Services Private Limited?

    The Official website of True Blue Asset Services Private Limited is https://www.tbas.in

  • What has been the recent revenue trend for True Blue Asset Services Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for True Blue Asset Services Private Limited has fallen by -17.78%.

  • How many employees does True Blue Asset Services Private Limited currently have?

    As Per 2023 financial reports, 82 employees are currently employed by True Blue Asset Services Private Limited.

  • What change has been observed in the net worth of True Blue Asset Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of True Blue Asset Services Private Limited has experienced an upsurge of 1246.56%.

  • When was the last Balance Sheet of True Blue Asset Services Private Limited filed with the ROC?

    The most recent Balance Sheet for True Blue Asset Services Private Limited was filed with the ROC on 31 Mar 2023.

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