True Value Nirman Private Limited

Founded in 2005 and headquartered in Gujarat, India.

2005 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 24, 2024

True Value Nirman Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 20 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 11.71 Cr
  • Revenue Growth -1.39%
  • Profit Growth 27.11%
  • Ebitda 55.32%
  • Net Worth 9.56%
  • Total Assets 38.32%

About True Value Nirman

True Value Nirman Private Limited (TVNPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 January 2005 and has a history of 20 years and one month. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Mahek Property Private Limited. The Company is engaged in the Real Estate And Construction 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 1.00 M and a paid-up capital of Rs 0.50 M.

The company has closed loans amounting to ₹11.71 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sweta Shah and Manish Shah serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    truevaluenirman.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74110GJ2005PTC045313

  • Company No.

    045313

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jan 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Real Estate and Construction

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

Board Members (2)

NameDesignationAppointment DateStatus
Sweta Shah Country flag representing In Director 01-Apr-2021Current
Manish Shah Country flag representing In Director 18-Jan-2005Current

Financial Performance of True Value Nirman.

True Value Nirman Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.39% decrease. The company also saw a substantial improvement in profitability, with a 27.11% increase in profit. The company's net worth moved up by a moderate rise of 9.56%.

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
-1.39%
Revenue from Operations
-19.89%
Total Assets
38.32%
Profit or Loss
27.11%
Net Worth
9.56%
EBITDA
55.32%

What is the Ownership and Shareholding Structure of True Value Nirman?

In 2023, True Value Nirman had a promoter holding of 100.00%. The company had 1 Subsidiary. 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

₹117.06 M

Charges Breakdown by Lending Institutions

  • Icici Bank Limited : 6.00 Cr
  • Others : 5.71 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2020Others₹5.71 CrSatisfied
16 Feb 2015Icici Bank Limited₹1.50 CrSatisfied
16 Feb 2015Icici Bank Limited₹1.50 CrSatisfied
16 Feb 2015Icici Bank Limited₹1.50 CrSatisfied
16 Feb 2015Icici Bank Limited₹1.50 CrSatisfied

How Many Employees Work at True Value Nirman?

True Value Nirman has a workforce of 28 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge registered on 30 Sep 2020 via Charge ID 100373875 with Others was fully satisfied on 30 Sep 2024.

    30 Sep 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    True Value Nirman Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Sweta Manish Shah was appointed as a Director was appointed as a Director on 01 Apr 2021 & has been associated with this company since 3 years 10 months .

    01 Apr 2021

  • Charges

    A charge registered on 16 Feb 2015 via Charge ID 10552849 with Icici Bank Limited was fully satisfied on 18 Mar 2021.

    18 Mar 2021

  • Charges

    A charge registered on 16 Feb 2015 via Charge ID 10552828 with Icici Bank Limited was fully satisfied on 03 Feb 2021.

    03 Feb 2021

Frequently asked questions

  • True Value Nirman Private Limited was incorporated on 18 Jan 2005.

  • The authorized share capital of True Value Nirman Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with True Value Nirman Private Limited.

    • Sweta Manish Shah
    • Manish Dilipbhai Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of True Value Nirman Private Limited is True Value House Opp. Isro Nr. Sundarvan Bus-Stop, Satellite India, Ahmedabad, Gujarat, 380015.

  • The corporate identification number (CIN) of True Value Nirman Private Limited is U74110GJ2005PTC045313 and the company number is 045313 as per Ministry of Corporate Affairs (MCA).

  • The Official website of True Value Nirman Private Limited is https://www.truevaluenirman.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for True Value Nirman Private Limited has fallen by -1.39%.

  • As Per 2023 financial reports, 28 employees are currently employed by True Value Nirman Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of True Value Nirman Private Limited has experienced an upsurge of 9.56%.

  • The most recent Balance Sheet for True Value Nirman Private Limited was filed with the ROC on 31 Mar 2023.

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