True Logistics Private Limited

Provides transportation and storage services for raw materials and finished goods across India.

2012 | Bangaluru, Karnataka (India) | Active
Last Updated:

True Logistics Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 12 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.40 Cr
  • Satisfied Charges ₹ 2.29 Cr
  • Revenue Growth -34.26%
  • Profit Growth -47.40%
  • Ebitda -149.73%
  • Net Worth -9.31%
  • Total Assets -4.71%

About True Logistics

True Logistics Private Limited (TLPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 November 2012 and has a history of 12 years and four months. Its registered office is in Bangaluru, Karnataka, 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 1.00 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.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U60200KA2012PTC066613

  • Company No.

    066613

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Nov 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Transport and Logistics

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.

Company report

True Logistics Private Limited

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

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

Executive Team (1)

NameDesignationAppointment DateStatus
Prateek Pathapati Country flag representing In Managing Director18-Aug-2016Current

Board Members (1)

NameDesignationAppointment DateStatus
Pathapati Umapathiraju Country flag representing In Director 07-Nov-2012Current

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%.

True Logistics revenue growth over time
True Logistics 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
-34.26%
Revenue from Operations
-33.96%
Total Assets
-4.71%
Profit or Loss
-47.40%
Net Worth
-9.31%
EBITDA
-149.73%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.40 Cr

Satisfied Charges

₹2.29 Cr

Charges Breakdown by Lending Institutions

  • Others : 2.40 Cr

Latest Charge Details

DateLenderAmountStatus
08 Feb 2013Others₹2.40 CrOpen
19 Mar 2014Vijaya Bank₹1.54 CrSatisfied
20 Sep 2013Vijaya Bank₹7.50 MSatisfied

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.

Employee growth trends for True Logistics Private Limited

Deals i

Graph showing company valuation over time

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

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 Logistics

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    True Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Others of Rs. 2.40 Cr registered on 08 Feb 2013 with Charge ID 10408193 was modified on 26 Feb 2021.

  • Charges

    A charge registered on 19 Mar 2014 via Charge ID 10497049 with Vijaya Bank was fully satisfied on 02 Feb 2018.

  • Charges

    A charge registered on 20 Sep 2013 via Charge ID 10487461 with Vijaya Bank was fully satisfied on 02 Feb 2018.

  • Director Appointment

    Prateek Raju Pathapati was appointed as a Managing Director was appointed as a Managing Director on 18 Aug 2016 & has been associated with this company since 8 years 6 months .

Frequently asked questions

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

    True Logistics Private Limited was incorporated on 07 Nov 2012.

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

    The authorized share capital of True Logistics Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

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

    Currently 2 directors are associated with True Logistics Private Limited.

    • Pathapati Umapathiraju
    • Prateek Raju Pathapati

  • What is the registered address of True Logistics Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of True Logistics Private Limited is Sy. No. 118 Gayatri Lakefront Ring Road Hebbal, India, Bangalore, Karnataka, 560024.

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

    The corporate identification number (CIN) of True Logistics Private Limited is U60200KA2012PTC066613 and the company number is 066613 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of True Logistics Private Limited?

    The Official website of True Logistics Private Limited is https://www.truelogistics.in

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

    According to the financial reports for the fiscal year 2021, the revenue trend for True Logistics Private Limited has fallen by -34.26%.

  • How many employees does True Logistics Private Limited currently have?

    As Per 2021 financial reports, 6 employees are currently employed by True Logistics Private Limited.

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

    The financial reports for the fiscal year 2021 indicates that The net worth of True Logistics Private Limited has experienced an downturn of -9.31%.

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

    As per the financial statements for fiscal Year 2021, The total open charges for True Logistics Private Limited amount to ₹ 2.40 Cr.

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

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

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