True Value Petroleum Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
as on 24-10-2024
- Paid Up Capital ₹ 0.10 M
as on 24-10-2024
- Company Age 21 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.50 M
as on 24-10-2024
- Revenue -71.95%
(FY 2023)
- Profit -6.14%
(FY 2023)
- Ebitda -94.22%
(FY 2023)
- Net Worth 5.05%
(FY 2023)
- Total Assets -23.80%
(FY 2023)
About True Value Petroleum
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.
- 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
Company Details
- LocationPunjab, Punjab
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at True Value Petroleum?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramneek Handa  | Managing Director | 24-Feb-2007 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Parveen Handa | Director | 06-Jun-2003 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of True Value Petroleum?
In 2023, True Value Petroleum 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)
Raga Motors Private LimitedActive 25 years 1 monthRamneek Handa and Parveen Handa are mutual person
Devintec Electrical Technologies Private LimitedActive 19 years 8 monthsRamneek Handa is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 31 Mar 2016 | ₹3.50 M | Open |
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.
Deals i
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
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.
