True Source India Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.10 M
- Company Age 22 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.62 Cr
- Satisfied Charges ₹ 8.06 Cr
- Revenue Growth 182.75%
- Profit Growth 127.02%
- Ebitda 834.56%
- Net Worth 142.30%
- Total Assets -0.76%
About True Source India
True Source India Private Limited (TSIPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 October 2002 and has a history of 22 years and three months. Its registered office is in Coimbatore, Tamil Nadu, India.
The Company is engaged in the Metals And Minerals 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 0.50 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹4.62 Cr. The company has closed loans amounting to ₹8.06 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ranee and Palaniappan Shanmugam serve as directors at the Company.
Company Details
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Location
Coimbatore, Tamil Nadu, 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
U51909TZ2002PTC010349
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Company No.
010349
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
25 Oct 2002
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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 Coimbatore
Industry
Who are the key members and board of directors at True Source India?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ranee
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Director | 25-Oct-2002 | Current |
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Palaniappan Shanmugam
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Director | 03-Aug-2017 | Current |
Financial Performance of True Source India.
True Source India Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 182.75% increase. The company also saw a substantial improvement in profitability, with a 127.02% increase in profit. The company's net worth Soared by an impressive increase of 142.3%.
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What is the Ownership and Shareholding Structure of True Source India?
In 2019, True Source 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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Builders And Constructors Enterprises India Private LimitedRanee and Palaniappan Shanmugam are mutual person
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Bace Swiftbuild Private LimitedRanee and Palaniappan Shanmugam are mutual person
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Coimbatore City Infra Services Private LimitedPalaniappan Shanmugam is a mutual person
Charges (Loans)
₹46.20 M
₹80.64 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 4.62 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Aug 2020 | Hdfc Bank Limited | ₹4.62 Cr | Open |
| 04 Apr 2014 | Capital First Limited | ₹3.35 M | Satisfied |
| 20 Dec 2012 | Capital First Limited | ₹1.10 Cr | Satisfied |
| 19 Nov 2012 | Capital First Limited | ₹1.53 Cr | Satisfied |
| 29 Nov 2011 | Indusind Bank Ltd. | ₹1.50 Cr | Satisfied |
How Many Employees Work at True Source India?
True Source India has a workforce of 3 employees as of Mar 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of True Source 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 Source 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.
