True Value Petroleum Private Limited

Sells petroleum products through petrol pump.

2003 | Punjab, Punjab (India) | Active
Last Updated:

True Value Petroleum Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 21 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.50 M
  • Revenue Growth -71.95%
  • Profit Growth -6.14%
  • Ebitda -126.55%
  • Net Worth 5.05%
  • Total Assets -23.80%

About True Value Petroleum

True Value Petroleum Private Limited (TVPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 June 2003 and has a history of 21 years and ten months. Its registered office is in Punjab, Punjab.

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 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹3.50 M.

Ramneek Handa and Parveen Handa serve as directors at the Company.

Company Details

  • Location Punjab, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50500PB2003PTC026085

  • Company No.

    026085

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Jun 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Energy and Power
Company report

True Value Petroleum Private Limited

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

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

Executive Team (1)

NameDesignationAppointment DateStatus
Ramneek Handa Country flag representing In Managing Director24-Feb-2007Current

Board Members (1)

NameDesignationAppointment DateStatus
Parveen Handa Country flag representing In Director 06-Jun-2003Current

Financial Performance of True Value Petroleum.

True Value Petroleum Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 71.95% decrease. The company also saw a slight decrease in profitability, with a 6.14% decrease in profit. The company's net worth moved up by a moderate rise of 5.05%.

True Value Petroleum revenue growth over time
True Value Petroleum 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
-71.95%
Revenue from Operations
-72.16%
Total Assets
-23.80%
Profit or Loss
-6.14%
Net Worth
5.05%
EBITDA
-126.55%

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

Unlock access to True Value Petroleum's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.35 Cr

Latest Charge Details

DateLenderAmountStatus
31 Mar 2016State Bank Of India₹3.50 MOpen

How Many Employees Work at True Value Petroleum?

True Value Petroleum 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.

Employee growth trends for True Value Petroleum Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    True Value Petroleum Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Charges

    A charge with State Bank Of India amounted to Rs. 3.50 M with Charge ID 100021713 was registered on 31 Mar 2016.

  • Director Appointment

    Ramneek Handa was appointed as a Managing Director was appointed as a Managing Director on 24 Feb 2007 & has been associated with this company since 18 years 1 month .

  • Director Appointment

    Parveen Handa was appointed as a Director was appointed as a Director on 06 Jun 2003 & has been associated with this company since 21 years 10 months .

  • Company Incorporation

    True Value Petroleum Private Limited was registered on 06 Jun 2003 with Roc Chandigarh & aged 21 years 10 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of True Value Petroleum Private Limited?

    True Value Petroleum Private Limited was incorporated on 06 Jun 2003.

  • What is authorized share capital and paid-up capital of True Value Petroleum Private Limited?

    The authorized share capital of True Value Petroleum Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of True Value Petroleum Private Limited?

    Currently 2 directors are associated with True Value Petroleum Private Limited.

    • Ramneek Handa
    • Parveen Handa

  • What is the registered address of True Value Petroleum Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of True Value Petroleum Private Limited is Jalandhar Pathankot Road, Village Sarmastpur India, Punjab.

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

    The corporate identification number (CIN) of True Value Petroleum Private Limited is U50500PB2003PTC026085 and the company number is 026085 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for True Value Petroleum Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for True Value Petroleum Private Limited has fallen by -71.95%.

  • How many employees does True Value Petroleum Private Limited currently have?

    As Per 2023 financial reports, 3 employees are currently employed by True Value Petroleum Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of True Value Petroleum Private Limited has experienced an upsurge of 5.05%.

  • What are the total open charges for True Value Petroleum Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for True Value Petroleum Private Limited amount to ₹ 3.50 M.

  • When was the last Balance Sheet of True Value Petroleum Private Limited filed with the ROC?

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

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