True Green Bio Energy Limited

This company manufactures and trades different types of synthetic yarn and exports to various countries.

2003 | Ahmedabad, Gujarat (India) | Active
Last Updated:

True Green Bio Energy Profile

Key Indicators

  • Authorised Capital ₹ 45.00 Cr
  • Paid Up Capital ₹ 29.92 Cr
  • Company Age 21 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 250.07 Cr
  • Satisfied Charges ₹ 66.32 Cr
  • Revenue Growth -7.50%
  • Profit Growth -175.70%
  • Ebitda 20.83%
  • Net Worth -5.82%
  • Total Assets -41.74%

About True Green Bio Energy

True Green Bio Energy Limited (TGBEL) is a Public Limited Indian Non-Government Company incorporated in India on 17 December 2003 and has a history of 21 years and two months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 533407 and on the National Stock Exchange(NSE) under BE : CNOVAPETRO.

The Corporate was formerly known as Nova Polyyarn Limited. The Company is engaged in the Manufacturing 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 45.00 Cr and a paid-up capital of Rs 29.92 Cr.

The company currently has active open charges totaling ₹250.07 Cr. The company has closed loans amounting to ₹66.32 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at True Green Bio Energy Limited India are Jigar Shah as Company Secretary, Shashank Paranjape as Ceo, and Satish Bhatt as Cfo. Rajan Srivastava, Pooja Shah, Chintan Patel, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    cnpcl.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L17111GJ2003PLC043354

  • Company No.

    043354

  • Stock Symbol

    BSE : 533407 NSE : BE : CNOVAPETRO

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Dec 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does True Green Bio Energy Limited offer?

True Green Bio Energy Limited offers a wide range of products and services, including Apparel Denim Fabric, Denim Fabric, Industrial Fabrics and Textiles, Industrial Fabric, Apparel Fabrics & Clothing Textiles, Fleece Fabrics, Fabric, Synthetic Fabric, Apparel & Clothing Fabric, Shirting Fabrics.

Who are the key members and board of directors at True Green Bio Energy?

Executive Team (3)

NameDesignationAppointment DateStatus
Jigar Shah Company Secretary15-Jul-2024Current
Shashank Paranjape CEO12-Nov-2021Current
Satish Bhatt Country flag representing In CFO06-Aug-2014Current

Board Members (6)

NameDesignationAppointment DateStatus
Pooja Shah Country flag representing In Director 14-Sep-2020Current
Murlimanohar Goyal Country flag representing In Director 05-Oct-2009Current
Jyotiprasad Chiripal Country flag representing In Director 17-Dec-2003Current
Chintan Patel Country flag representing In Director 14-Sep-2020Current
Chinar Jethwani Country flag representing In Director 13-Aug-2016Current
Rajan Srivastava Country flag representing In Whole-Time Director 15-Jan-2024Current

Financial Performance of True Green Bio Energy.

Cil Nova Petrochemicals Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.5% decrease. The company also saw a substantial fall in profitability, with a 175.7% decrease in profit. The company's net worth dipped by a decrease of 5.82%.

True Green Bio Energy revenue growth over time
True Green Bio Energy 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
-7.50%
Revenue from Operations
Total Assets
-41.74%
Profit or Loss
-175.70%
Net Worth
-5.82%
EBITDA
20.83%

What is the Ownership and Shareholding Structure of True Green Bio Energy?

In 2022, True Green Bio Energy had a promoter holding of 74.51% and a public holding of 25.49%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹250.07 Cr

Satisfied Charges

₹66.32 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 250.00 Cr
  • Hdfc Bank Limited : 0.07 Cr

Latest Charge Details

DateLenderAmountStatus
29 Aug 2024Sbicap Trustee Company Limited₹250.00 CrOpen
29 Nov 2021Hdfc Bank Limited₹0.71 MOpen
12 Jan 2022State Bank Of India₹1.10 CrSatisfied
13 Sep 2011State Bank Of India₹28.65 CrSatisfied
03 Jun 2011State Bank Of India₹28.65 CrSatisfied

How Many Employees Work at True Green Bio Energy?

True Green Bio Energy has a workforce of 22 employees as of Apr 07, 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 Green Bio Energy Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of True Green Bio Energy, 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 Green Bio Energy'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 Green Bio Energy

Recent activity within the organization

  • Annual General Meeting

    True Green Bio Energy Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 250.00 Cr with Charge ID 100969276 was registered on 29 Aug 2024.

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 250.00 Cr registered on 29 Aug 2024 with Charge ID 100969276 was modified on 29 Aug 2024.

  • Director Appointment

    Jigar Harshadkumar Shah was appointed as a Company Secretary was appointed as a Company Secretary on 15 Jul 2024 & has been associated with this company since 7 months 20 days .

  • Balance Sheet

    True Green Bio Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 12 Jan 2022 via Charge ID 100568360 with State Bank Of India was fully satisfied on 22 Feb 2024.

Frequently asked questions

  • What is the Incorporation or founding date of True Green Bio Energy Limited?

    True Green Bio Energy Limited was incorporated on 17 Dec 2003.

  • What is authorized share capital and paid-up capital of True Green Bio Energy Limited?

    The authorized share capital of True Green Bio Energy Limited is ₹ 45.00 Cr and paid-up capital is ₹ 29.92 Cr.

  • Who are the current board members & directors of True Green Bio Energy Limited?

    Currently 9 directors are associated with True Green Bio Energy Limited.

    • Rajan Srivastava
    • Jigar Harshadkumar Shah
    • Shashank Paranjape
    • Satish Bhatt
    • Pooja Smit Shah
    • Chintan Kanaiyalal Patel
    • Chinar Rajkumar Jethwani
    • Murlimanohar Raghunandan Goyal
    • Jyotiprasad Devkinandan Chiripal

  • What is the registered address of True Green Bio Energy Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of True Green Bio Energy Limited is Survey No. 396 (P) 395/4 Moraiya Village Sarkhej - Bavla Highway Tal. Sanand, India, Ahmedabad, Gujarat, 382210.

  • What is the corporate identification number (CIN) and company number of True Green Bio Energy Limited?

    The corporate identification number (CIN) of True Green Bio Energy Limited is L17111GJ2003PLC043354 and the company number is 043354 as per Ministry of Corporate Affairs (MCA).

  • Is True Green Bio Energy Limited registered with any stock exchange in India?

    Yes, True Green Bio Energy Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): BE : CNOVAPETRO.

  • What is the official website of True Green Bio Energy Limited?

    The Official website of True Green Bio Energy Limited is https://www.cnpcl.com

  • What has been the recent revenue trend for True Green Bio Energy Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for True Green Bio Energy Limited has fallen by -7.50%.

  • How many employees does True Green Bio Energy Limited currently have?

    As Per 2023 financial reports, 22 employees are currently employed by True Green Bio Energy Limited.

  • What change has been observed in the net worth of True Green Bio Energy Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of True Green Bio Energy Limited has experienced an downturn of -5.82%.

  • What are the total open charges for True Green Bio Energy Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for True Green Bio Energy Limited amount to ₹ 250.07 Cr.

  • When was the last Balance Sheet of True Green Bio Energy Limited filed with the ROC?

    The most recent Balance Sheet for True Green Bio Energy Limited was filed with the ROC on 31 Mar 2024.

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