True Freight Services Private Limited

Provides freight transport services by road on national and international level using various carriers.

2014 | Indore, Madhya Pradesh (India) | Active
Last Updated: January 05, 2025

True Freight Services Profile

Key Indicators

  • Authorised Capital ₹ 1.20 M
  • Paid Up Capital ₹ 1.20 M
  • Company Age 10 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.24 Cr
  • Revenue Growth 7.04%
  • Profit Growth 108.64%
  • Ebitda 117.60%
  • Net Worth 46.49%
  • Total Assets 59.01%

About True Freight Services

True Freight Services Private Limited (TFSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 July 2014 and has a history of Ten years and seven months. Its registered office is in Indore, Madhya Pradesh, India.

The Company is engaged in the Transport And Logistics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.20 M and a paid-up capital of Rs 1.20 M.

The company currently has active open charges totaling ₹4.24 Cr.

Ashish Kalara, Rakesh Dawar, and Vyom Arora serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U60230MP2014PTC032947

  • Company No.

    032947

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Jul 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Transport and Logistics

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

Financial Performance of True Freight Services.

True Freight Services Private Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 7.04% increase. The company also saw a substantial improvement in profitability, with a 108.64% increase in profit. The company's net worth Soared by an impressive increase of 46.49%.

Graph illustrating revenue growth over time
Graph showing 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
7.04%
Revenue from Operations
7.00%
Total Assets
59.01%
Profit or Loss
108.64%
Net Worth
46.49%
EBITDA
117.60%

What is the Ownership and Shareholding Structure of True Freight Services?

In 2020, True Freight Services 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

Charges (Loans)

Open Charges

₹42.35 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 4.24 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2022Hdfc Bank Limited₹2.35 MOpen
22 Feb 2022Hdfc Bank Limited₹4.00 CrOpen

How Many Employees Work at True Freight Services?

True Freight Services has a workforce of 8 employees as of Mar 30, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of True Freight 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 Freight 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 Freight Services

Recent activity within the organization

  • Annual General Meeting

    True Freight Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 40.00 M registered on 22 Feb 2022 with Charge ID 100541076 was modified on 24 Apr 2024.

    24 Apr 2024

  • Balance Sheet

    True Freight Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.35 M with Charge ID 100559144 was registered on 28 Mar 2022.

    28 Mar 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 40.00 M with Charge ID 100541076 was registered on 22 Feb 2022.

    22 Feb 2022

  • Director Appointment

    Ashish Kalara was appointed as a Director was appointed as a Director on 21 Jul 2014 & has been associated with this company since 10 years 7 months .

    21 Jul 2014

Frequently asked questions

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

    True Freight Services Private Limited was incorporated on 21 Jul 2014.

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

    The authorized share capital of True Freight Services Private Limited is ₹ 1.20 M and paid-up capital is ₹ 1.20 M.

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

    Currently 3 directors are associated with True Freight Services Private Limited.

    • Ashish Kalara
    • Rakesh Kumar Dawar
    • Vyom Vijay Arora
  • What is the registered address of True Freight Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of True Freight Services Private Limited is 799, New Loha Mandi Mansukhani Chember India, Indore, Madhya Pradesh, 452001.

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

    The corporate identification number (CIN) of True Freight Services Private Limited is U60230MP2014PTC032947 and the company number is 032947 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2020, the revenue trend for True Freight Services Private Limited has risen by 7.04%.

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

    As Per 2020 financial reports, 8 employees are currently employed by True Freight Services Private Limited.

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

    The financial reports for the fiscal year 2020 indicates that The net worth of True Freight Services Private Limited has experienced an upsurge of 46.49%.

  • What are the total open charges for True Freight Services Private Limited?

    As per the financial statements for fiscal Year 2020, The total open charges for True Freight Services Private Limited amount to ₹ 4.24 Cr.

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

    The most recent Balance Sheet for True Freight Services Private Limited was filed with the ROC on 31 Mar 2024.