True Power Limited

Manufactures electrical equipment for various industries.

2013 | Lucknow, Uttar Pradesh (India) | Active
Last Updated:

True Power Profile

Key Indicators

  • Authorised Capital ₹ 1.10 Cr
  • Paid Up Capital ₹ 1.02 Cr
  • Company Age 12 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 33.77 Cr
  • Satisfied Charges ₹ 3.14 Cr
  • Revenue Growth 88.77%
  • Profit Growth 69.87%
  • Ebitda 31.11%
  • Net Worth 25.76%
  • Total Assets 97.95%

About True Power

True Power Limited (TPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 April 2013 and has a history of 12 years and one month. Its registered office is in Lucknow, Uttar Pradesh, India.

The Corporate was formerly known as Truepower Earthings Private Limited. The Company is engaged in the Energy And Power 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 1.10 Cr and a paid-up capital of Rs 1.02 Cr.

The company currently has active open charges totaling ₹33.77 Cr. The company has closed loans amounting to ₹3.14 Cr, as per Ministry of Corporate Affairs (MCA) records.

Hari Tiwari, Shiv Tiwari, and Alok Shukla serve as directors at the Company.

Company Details

  • Location

    Lucknow, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40300UP2013PLC056004

  • Company No.

    056004

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Apr 2013

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Energy and Power

What products or services does True Power Limited offer?

True Power Limited offers a wide range of products and services, including Industrial Chemicals & Supplies, Earthing Chemicals, Metal and Alloy Wires, Electrical Conductors, Electric Fittings & Components, Earthing Electrodes, Fuses, Circuit Breakers & Components, Surge Protection Device, Earthing Equipment, Copper & Brass Products.

Company report

True Power Limited

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

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

Board Members (3)

NameDesignationAppointment DateStatus
Shiv Tiwari Country flag representing In Director 20-Apr-2017Current
Hari Tiwari Country flag representing In Director 05-Apr-2013Current
Alok Shukla Country flag representing In Director 06-Jul-2023Current

Financial Performance of True Power.

True Power Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 88.77% increase. The company also saw a substantial improvement in profitability, with a 69.87% increase in profit. The company's net worth Soared by an impressive increase of 25.76%.

True Power revenue growth over time
True Power 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
88.77%
Revenue from Operations
88.77%
Total Assets
97.95%
Profit or Loss
69.87%
Net Worth
25.76%
EBITDA
31.11%

What is the Ownership and Shareholding Structure of True Power?

In 2023, True Power had a promoter holding of 99.51% and a public holding of 0.49%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹33.77 Cr

Satisfied Charges

₹3.14 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 33.71 Cr
  • Indian Overseas Bank : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
10 Nov 2022Hdfc Bank Limited₹1.18 CrOpen
15 Mar 2022Hdfc Bank Limited₹3.60 MOpen
04 Sep 2021Hdfc Bank Limited₹0.65 MOpen
28 Jun 2019Hdfc Bank Limited₹0.62 MOpen
08 Oct 2018Hdfc Bank Limited₹32.05 CrOpen

How Many Employees Work at True Power?

True Power has a workforce of 5 employees as of Apr 22, 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 Power Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 32.05 Cr registered on 08 Oct 2018 with Charge ID 100214745 was modified on 21 Mar 2024.

  • Annual General Meeting

    True Power Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Director Appointment

    Alok Kumar Shukla was appointed as a Director was appointed as a Director on 06 Jul 2023 & has been associated with this company since 1 year 10 months .

  • Balance Sheet

    True Power Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.18 Cr with Charge ID 100642083 was registered on 10 Nov 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.36 Cr with Charge ID 100568103 was registered on 15 Mar 2022.

Frequently asked questions

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

    True Power Limited was incorporated on 05 Apr 2013.

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

    The authorized share capital of True Power Limited is ₹ 1.10 Cr and paid-up capital is ₹ 1.02 Cr.

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

    Currently 3 directors are associated with True Power Limited.

    • Hari Om Tiwari
    • Shiv Om Tiwari
    • Alok Kumar Shukla
  • What is the registered address of True Power Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of True Power Limited is Plot No.- 07 Pragati Vihar, Takrohi Indra Nagar, Lucknow, Uttar Pradesh, India, 226016.

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

    The corporate identification number (CIN) of True Power Limited is U40300UP2013PLC056004 and the company number is 056004 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of True Power Limited?

    The Official website of True Power Limited is https://www.truepowerearthings.in

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

    According to the financial reports for the fiscal year 2023, the revenue trend for True Power Limited has risen by 88.77%.

  • How many employees does True Power Limited currently have?

    As Per 2023 financial reports, 5 employees are currently employed by True Power Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of True Power Limited has experienced an upsurge of 25.76%.

  • What are the total open charges for True Power Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for True Power Limited amount to ₹ 33.77 Cr.

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

    The most recent Balance Sheet for True Power Limited was filed with the ROC on 31 Mar 2023.

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