True Rings India Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 6.25 M
- Company Age 19 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.96 Cr
- Satisfied Charges ₹ 4.27 Cr
- Revenue Growth -54.64%
- Profit Growth -362.81%
- Ebitda -208.91%
- Net Worth -54.76%
- Total Assets -17.97%
About True Rings India
True Rings India Private Limited (TRIPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 April 2005 and has a history of 19 years and ten months. Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Machinery And Equipment 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 6.25 M.
The company currently has active open charges totaling ₹1.96 Cr. The company has closed loans amounting to ₹4.27 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ramachandra Veeramachaneni and Kiran Veeramachaneni serve as directors at the Company.
Company Details
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Location
Hyderabad, Telangana, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U28991TG2005PTC045824
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Company No.
045824
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
06 Apr 2005
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at True Rings India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kiran Veeramachaneni
|
Managing Director | 06-Apr-2005 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Ramachandra Veeramachaneni
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Director | 06-Apr-2005 | Current |
Financial Performance of True Rings India.
True Rings India Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 54.64% decrease. The company also saw a substantial fall in profitability, with a 362.81% decrease in profit. The company's net worth observed a substantial decline by a decrease of 54.76%.
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What is the Ownership and Shareholding Structure of True Rings India?
In 2021, True Rings India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Dual Rings Pvt LtdRamachandra Veeramachaneni is a mutual person
Charges (Loans)
₹1.96 Cr
₹4.27 Cr
Charges Breakdown by Lending Institutions
- Others : 1.49 Cr
- Andhra Pradesh State Financial Corporation : 0.47 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jun 2020 | Others | ₹2.40 M | Open |
| 29 Mar 2008 | Andhra Pradesh State Financial Corporation | ₹4.70 M | Open |
| 28 Mar 2008 | Others | ₹1.25 Cr | Open |
| 19 Dec 2018 | Others | ₹5.00 M | Satisfied |
| 07 Dec 2017 | Others | ₹5.00 M | Satisfied |
How Many Employees Work at True Rings India?
True Rings India has a workforce of 12 employees as of Mar 28, 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 Rings India, 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 Rings India'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.