True Colors Limited Company Logo

True Colors Limited - Company Profile

It is a information technology public limited company based in Surat, Gujarat, India, established in 2021.

2021 | Surat, Gujarat, India | Active
Last Updated:

About True Colors Limited

True Colors Limited, a active public limited company, was established on 09 October 2021 in Surat, Gujarat, India. Engaging in it products retail & distribution within the manufacturing sector, it holds CIN: U17299GJ2021PLC126265. Registered under ROC Roc Ahmedabad. it is listed. It has an authorized capital of ₹25.00 Cr and a paid-up capital of ₹24.65 Cr.

It upholds a compliant status. In 2024, it reported revenue of ₹160.91 Cr and a net worth of ₹15.12 Cr. Employing 490 professional, Its leadership includes Satishkumar Jayantibhai Panchani (Director), Ashishkumar Durlbhbhai Mulani (Director), Sanjay Raghubhai Desai (Managing Director). Past directors included Ashishkumar Durlbhbhai Mulani, Sanjay Raghubhai Desai, Urvisha Panchani. It holds ₹98.89 Cr open charges and no settled loans. Its latest AGM occurred on 25 August 2025, with the balance sheet filed on 31 March 2025. It is based at P-8, Gr Flr To 3Rd Flr, Somakanjiini Wadi Patel Line Khatodara, Surat, Gujarat, 395002.

Company Details

  • CIN/LLPIN

    L17299GJ2021PLC126265

  • Registration Number

    126265

  • Incorporation Date

    09 October 2021

  • Authorized Capital

    ₹25.00 Cr

  • Paid-Up Capital

    ₹24.65 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 24.65 Cr
  • Company Age 4 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 98.89 Cr
  • Revenue Growth 98.78%
  • Profit Growth 115.76%
  • Ebitda 548.42%
  • Net Worth 129.25%
  • Total Assets 136.72%
Company report

True Colors Limited

Company Report FY 2025-2026

Explore comprehensive insights into True Colors 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 True Colors Limited?

Current Directors

NameDesignationAppointment DateStatus
Satishkumar Jayantibhai PanchaniDirector19 Feb 2025Current
Ashishkumar Durlbhbhai MulaniDirector09 Oct 2021Current
Sanjay Raghubhai DesaiManaging Director09 Oct 2021Current
Sagarkumar Bipinbhai MulaniDirector19 Feb 2025Current
Charmi SoniDirector11 Mar 2025Current
Bhavesh Vinodchandra SingapuriDirector11 Mar 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector18 Feb 2025Past
Pramod AbcsddDirector18 Feb 2025Past
Pramod AbcsddDirector16 Dec 2022Past
Pramod AbcsddDirector27 Feb 2024Past

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Financial Performance of True Colors.

True Colors Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 98.78% increase. The company also saw a substantial improvement in profitability, with a 115.76% increase in profit. The company's net worth Soared by an impressive increase of 129.25%.

True Colors revenue growth over time
True Colors 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
98.78%
Revenue from Operations
98.28%
Total Assets
136.72%
Profit or Loss
115.76%
Net Worth
129.25%
EBITDA
548.42%

What is the Ownership and Shareholding Structure of True Colors?

In 2024, True Colors 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

₹988,859,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 98.89 Cr

Latest Charge Details

DateLenderAmountStatus
28 Oct 2024Hdfc Bank Limited₹2.00 MOpen
22 Oct 2024Hdfc Bank Limited₹1.85 MOpen
09 Oct 2024Hdfc Bank Limited₹3.70 MOpen
03 Oct 2022Hdfc Bank Limited₹98.13 CrOpen

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How Many Employees Work at True Colors?

True Colors has a workforce of 490 employees as of Mar 21, 2025. 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 Colors Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of True Colors, 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 Colors'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 Colors

Recent Activity within the Organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 98.13 Cr registered on 03 Oct 2022 with Charge ID 100625519 was modified on 22 Sep 2025. was recorded as a recent event.

  • Annual General Meeting

    True Colors Limited last Annual general meeting of members was held on 25 Aug 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    The activity Javanika Gandharva was appointed as a Company Secretary was appointed as a Company Secretary on 08 Apr 2025 & has been associated with this company since 8 months 10 days . was completed.

  • Balance Sheet

    True Colors Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.

  • Director Appointment

    Charmi Soni was appointed as a Director was appointed as a Director on 11 Mar 2025 & has been associated with this company since 9 months 8 days . was recorded as a recent event.

  • Director Appointment

    The activity Bhavesh Vinodchandra Singapuri was appointed as a Director was appointed as a Director on 11 Mar 2025 & has been associated with this company since 9 months 8 days . was completed.

Frequently Asked Questions

  • What is the CIN of True Colors Limited?

    The CIN of True Colors Limited is L17299GJ2021PLC126265.

  • Where is True Colors Limited headquartered?

    True Colors Limited is headquartered at P-8, Gr Flr To 3Rd Flr, Somakanjiini Wadi Patel Line Khatodara, Surat, Gujarat, 395002.

  • When was True Colors Limited incorporated?

    True Colors Limited was incorporated on 09 October 2021.

  • Who are the current directors of True Colors Limited?

    The current directors of True Colors Limited are

  • What is the primary industry of True Colors Limited?

    The primary industry of True Colors Limited is Manufacturing.

  • Is True Colors Limited a listed company?

    True Colors Limited is listed.

  • What is the capital structure of True Colors Limited?

    The authorized capital of True Colors Limited is ₹25.00 Cr, and the paid-up capital is ₹24.65 Cr.

  • What is the compliance status of True Colors Limited?

    The compliance status of True Colors Limited is Compliant.

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