Truefit Engineering Company Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 30 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.00 Cr
- Satisfied Charges ₹ 31.72 Cr
- Revenue Growth 38.60%
- Profit Growth 25.90%
- Ebitda -120.56%
- Net Worth 53.25%
- Total Assets 6.84%
About Truefit Engineering Company
Truefit Engineering Company Limited (TECL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 November 1994 and has a history of 30 years and three months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Truefit Engineering Company Private Limited. The Company is engaged in the Machinery And Equipment 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.
The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹31.72 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sudhakar Bangera, Sagar Bangera, and Suraj Bangera serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74210MH1994PLC083300
- Company No.
083300
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
25 Nov 1994
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Machinery and Equipment
What products or services does Truefit Engineering Company Limited offer?
Truefit Engineering Company Limited offers a wide range of products and services, including Ball Bearing Assemblies & Components, Bearing Parts, Ball Bearings and Bearing Assemblies, Pedestal Bearing, Bearing Block, Plummer Blocks, Industrial & Engineering Goods, Precision Engineering Components, Filter Assemblies and Spare Parts, Filter Components.
Who are the key members and board of directors at Truefit Engineering Company?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sudhakar Bangera  | Director | 01-Dec-2022 | Current |
| Sagar Bangera | Director | 16-Apr-2018 | Current |
| Suraj Bangera | Director | 01-Jun-2019 | Current |
Financial Performance of Truefit Engineering Company.
Truefit Engineering Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.6% increase. The company also saw a substantial improvement in profitability, with a 25.9% increase in profit. The company's net worth Soared by an impressive increase of 53.25%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Truefit Engineering Company?
In 2023, Truefit Engineering Company had a promoter holding of 98.98% and a public holding of 1.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Suraj Components Manufacturing Limited
Sudhakar Bangera, Sagar Bangera and 1 more are mutual person
- Cosmos Precision Engineering Private Limited
Sagar Bangera and Suraj Bangera are mutual person
Charges (Loans)
Open Charges
₹5.00 Cr
Satisfied Charges
₹31.72 Cr
Charges Breakdown by Lending Institutions
- Others : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Nov 2023 | Others | ₹4.00 M | Open |
| 01 Dec 2022 | Others | ₹1.85 M | Open |
| 29 Jun 2022 | Others | ₹2.40 M | Open |
| 25 May 2022 | Others | ₹2.40 M | Open |
| 13 Dec 2021 | Others | ₹1.60 Cr | Open |
How Many Employees Work at Truefit Engineering Company?
Unlock and access historical data on people associated with Truefit Engineering Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Truefit Engineering Company, 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 Truefit Engineering Company'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.
Latest Updates, News, and FAQs on Truefit Engineering Company
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 0.40 Cr with Charge ID 100829617 was registered on 21 Nov 2023.
- Annual General Meeting
Truefit Engineering Company Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Truefit Engineering Company Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 0.19 Cr with Charge ID 100649252 was registered on 01 Dec 2022.
- Director Appointment
Sudhakar Koraga Bangera was appointed as a Director was appointed as a Director on 01 Dec 2022 & has been associated with this company since 2 years 3 months .
- Charges
A charge with Others of Rs. 1.60 Cr registered on 10 Aug 2018 with Charge ID 100200612 was modified on 29 Nov 2022.
Frequently asked questions
What is the Incorporation or founding date of Truefit Engineering Company Limited?
Truefit Engineering Company Limited was incorporated on 25 Nov 1994.
What is authorized share capital and paid-up capital of Truefit Engineering Company Limited?
The authorized share capital of Truefit Engineering Company Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.
Who are the current board members & directors of Truefit Engineering Company Limited?
Currently 3 directors are associated with Truefit Engineering Company Limited.
- Sudhakar Koraga Bangera
- Sagar Sudhakar Bangera
- Suraj Sudhakar Bangera
What is the registered address of Truefit Engineering Company Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Truefit Engineering Company Limited is 5 Rachna Apartments Laxminarayan Temple Road Eksar Borivali (W), India, Mumbai- 400 092., Maharashtra, 400092.
What is the corporate identification number (CIN) and company number of Truefit Engineering Company Limited?
The corporate identification number (CIN) of Truefit Engineering Company Limited is U74210MH1994PLC083300 and the company number is 083300 as per Ministry of Corporate Affairs (MCA).
What is the official website of Truefit Engineering Company Limited?
The Official website of Truefit Engineering Company Limited is https://www.truefitindia.com
What has been the recent revenue trend for Truefit Engineering Company Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Truefit Engineering Company Limited has risen by 38.60%.
What change has been observed in the net worth of Truefit Engineering Company Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Truefit Engineering Company Limited has experienced an upsurge of 53.25%.
What are the total open charges for Truefit Engineering Company Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Truefit Engineering Company Limited amount to ₹ 5.00 Cr.
When was the last Balance Sheet of Truefit Engineering Company Limited filed with the ROC?
The most recent Balance Sheet for Truefit Engineering Company Limited was filed with the ROC on 31 Mar 2023.
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