True Tone Private Limited

Produces tanning and dyeing extracts since 1992, based in Ahmedabad, Gujarat.

1992 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 01, 2025

True Tone Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.93 M
  • Company Age 32 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.32 Cr
  • Revenue Growth %
  • Profit Growth -28.75%
  • Ebitda -313.15%
  • Net Worth -5.39%
  • Total Assets -2.14%

About True Tone

True Tone Private Limited (TTPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 June 1992 and has a history of 32 years and seven months. Its registered office is in Ahmedabad, Gujarat.

The Corporate was formerly known as Baid Chemicals Pvt Ltd. The Company is engaged in the Chemicals And Materials 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 M and a paid-up capital of Rs 0.93 M.

The company has closed loans amounting to ₹3.32 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Kushalchand Jain and Mahi Baid serve as directors at the Company.

Company Details

  • Location
    Ahmedabad, Gujarat
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24231GJ1992PTC017851

  • Company No.

    017851

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jun 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

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

Board Members (2)

Name Designation Appointment Date Status
Mahi Baid Country flag representing In Director 30-Aug-2014 Current
Kushalchand Jain Country flag representing In Director 20-Feb-2014 Current

Financial Performance of True Tone.

True Tone Private Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 28.75% decrease in profit. The company's net worth dipped by a decrease of 5.39%.

Graph illustrating revenue growth over time
Graph showing 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
Revenue from Operations
Total Assets
-2.14%
Profit or Loss
-28.75%
Net Worth
-5.39%
EBITDA
-313.15%

What is the Ownership and Shareholding Structure of True Tone?

In 2020, True Tone had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹33.17 M

Charges Breakdown by Lending Institutions

  • Small Industries Development Bank Of India : 1.71 Cr
  • Bank Of India : 1.40 Cr
  • Gujarat State Financal Corporation : 0.11 Cr
  • Nutan Nagrik Sahkari Bank Limited : 0.06 Cr
  • Nutan Nbagrik Sahakari Bank Ltd. : 0.04 Cr

Latest Charge Details

Date Lender Amount Status
18 Oct 2007 Bank Of India ₹1.40 Cr Satisfied
12 Jul 2007 Small Industries Development Bank Of India ₹1.71 Cr Satisfied
10 Oct 1997 Nutan Nagrik Sahkari Bank Limited ₹0.41 M Satisfied
18 Jan 1995 Nutan Nagrik Sahkari Bank Limited ₹0.20 M Satisfied
18 Jan 1995 Nutan Nbagrik Sahakari Bank Ltd. ₹0.40 M Satisfied

How Many Employees Work at True Tone?

Unlock and access historical data on people associated with True Tone, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Mahi Arun Baid was appointed as a Director was appointed as a Director on 30 Aug 2014 & has been associated with this company since 10 years 5 months .

    30 Aug 2014

  • Charges

    A charge registered on 18 Oct 2007 via Charge ID 10145501 with Bank Of India was fully satisfied on 18 Jun 2014.

    18 Jun 2014

  • Charges

    A charge registered on 12 Jul 2007 via Charge ID 10059188 with Small Industries Development Bank Of India was fully satisfied on 24 Feb 2014.

    24 Feb 2014

  • Director Appointment

    Kushalchand Malchand Jain was appointed as a Director was appointed as a Director on 20 Feb 2014 & has been associated with this company since 10 years 11 months .

    20 Feb 2014

Frequently asked questions

  • True Tone Private Limited was incorporated on 19 Jun 1992.

  • The authorized share capital of True Tone Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.93 M.

  • Currently 2 directors are associated with True Tone Private Limited.

    • Kushalchand Malchand Jain
    • Mahi Arun Baid
  • As per Ministry of Corporate Affairs (Mca), the registered address of True Tone Private Limited is 69/1 N I D C Lambhanarol Bombayhighway India, Ahmedabad, Gujarat.

  • The corporate identification number (CIN) of True Tone Private Limited is U24231GJ1992PTC017851 and the company number is 017851 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2021 indicates that The net worth of True Tone Private Limited has experienced an downturn of -5.39%.

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

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