True Logistics Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 28-06-2024
- Paid Up Capital ₹ 1.00 Cr
as on 28-06-2024
- Company Age 12 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.40 Cr
as on 28-06-2024
- Satisfied Charges ₹ 2.29 Cr
as on 28-06-2024
- Revenue -34.26%
(FY 2021)
- Profit -47.40%
(FY 2021)
- Ebitda -149.73%
(FY 2021)
- Net Worth -9.31%
(FY 2021)
- Total Assets -4.71%
(FY 2021)
About True Logistics
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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹2.40 Cr. The company has closed loans amounting to ₹2.29 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pathapati Umapathiraju and Prateek Pathapati serve as directors at the Company.
- CIN/LLPIN
U60200KA2012PTC066613
- Company No.
066613
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Nov 2012
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does True Logistics Private Limited offer?
True Logistics Private Limited offers a wide range of products and services, including Warehouses and Warehousing Agents, Warehousing Services.
Who are the key members and board of directors at True Logistics?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prateek Pathapati  | Managing Director | 18-Aug-2016 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pathapati Umapathiraju | Director | 07-Nov-2012 | Current |
Financial Performance of True Logistics.
True Logistics Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 34.26% decrease. The company also saw a substantial fall in profitability, with a 47.4% decrease in profit. The company's net worth dipped by a decrease of 9.31%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of True Logistics?
In 2021, True Logistics had a promoter holding of 45.00% and a public holding of 55.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Parkus Technologies Private LimitedActive 11 years 4 monthsPathapati Umapathiraju is a mutual person
Insight Technologies Private Limited ,Active 37 years 6 monthsPathapati Umapathiraju is a mutual person
- Sol Biz Co Consulting Private LimitedActive 22 years 10 days
Pathapati Umapathiraju and Prateek Pathapati are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 08 Feb 2013 | ₹2.40 Cr | Open |
Vijaya Bank Creation Date: 19 Mar 2014 | ₹1.54 Cr | Satisfied |
Vijaya Bank Creation Date: 20 Sep 2013 | ₹7.50 M | Satisfied |
How Many Employees Work at True Logistics?
True Logistics has a workforce of 6 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of True Logistics, 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 Logistics's trajectory.
Rating
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
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.
