Truenorth Automobiles Private Limited

Provides vehicle trading, servicing, and dealership for Tata Motors passenger vehicles in Delhi.

2018 | Delhi (India) | Active
Last Updated:

Truenorth Automobiles Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 18.40 Cr
  • Company Age 6 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 51.14 Cr
  • Satisfied Charges ₹ 118.58 Cr
  • Revenue Growth 47.81%
  • Profit Growth -860.89%
  • Ebitda -55.45%
  • Net Worth 12.45%
  • Total Assets 38.85%

About Truenorth Automobiles

Truenorth Automobiles Private Limited (TAPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 October 2018 (Six years and six months 1 days old ). Its registered office is in Delhi, India.

The Company is engaged in the Automotive 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 20.00 Cr and a paid-up capital of Rs 18.40 Cr.

The company currently has active open charges totaling ₹51.14 Cr. The company has closed loans amounting to ₹118.58 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Truenorth Automobiles Private Limited India is Nimisha Jain as COMPANY SECRETARY. Dilmohan Singh and Prithipal Singh serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50101DL2018PTC341311

  • Company No.

    341311

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Oct 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive
Company report

Truenorth Automobiles Private Limited

Explore comprehensive data for Truenorth Automobiles Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Truenorth Automobiles?

Executive Team (1)

NameDesignationAppointment DateStatus
Nimisha Jain Company Secretary25-Aug-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Dilmohan Singh Country flag representing In Director 01-Jul-2024Current
Prithipal Singh Country flag representing In Director 01-Jul-2024Current

Financial Performance of Truenorth Automobiles.

Truenorth Automobiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.81% increase. The company also saw a substantial fall in profitability, with a 860.89% decrease in profit. The company's net worth Soared by an impressive increase of 12.45%.

Truenorth Automobiles revenue growth over time
Truenorth Automobiles 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
47.81%
Revenue from Operations
47.86%
Total Assets
38.85%
Profit or Loss
-860.89%
Net Worth
12.45%
EBITDA
-55.45%

What is the Ownership and Shareholding Structure of Truenorth Automobiles?

In 2023, Truenorth Automobiles 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

₹51.14 Cr

Satisfied Charges

₹118.58 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 49.40 Cr
  • Others : 1.74 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jul 2024Hdfc Bank Limited₹49.40 CrOpen
31 Jan 2024Others₹2.94 MOpen
11 Jan 2024Others₹6.35 MOpen
30 Oct 2023Others₹8.11 MOpen
21 Feb 2024Others₹29.00 CrSatisfied

How Many Employees Work at Truenorth Automobiles?

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

Employee growth trends for Truenorth Automobiles Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Truenorth Automobiles, 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 Truenorth Automobiles'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 Truenorth Automobiles

Recent activity within the organization

  • Director Appointment

    Nimisha Jain was appointed as a Company Secretary was appointed as a Company Secretary on 25 Aug 2024 & has been associated with this company since 8 months 4 days .

  • Charges

    A charge registered on 21 Feb 2024 via Charge ID 100870267 with Others was fully satisfied on 31 Jul 2024.

  • Charges

    A charge registered on 21 Feb 2024 via Charge ID 100870273 with Others was fully satisfied on 30 Jul 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 49.40 Cr with Charge ID 100954080 was registered on 16 Jul 2024.

  • Charges

    A charge registered on 30 Sep 2023 via Charge ID 100800227 with Others was fully satisfied on 11 Jul 2024.

  • Charges

    A charge registered on 28 Sep 2022 via Charge ID 100620766 with Others was fully satisfied on 11 Jul 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Truenorth Automobiles Private Limited?

    Truenorth Automobiles Private Limited was incorporated on 30 Oct 2018.

  • What is authorized share capital and paid-up capital of Truenorth Automobiles Private Limited?

    The authorized share capital of Truenorth Automobiles Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 18.40 Cr.

  • Who are the current board members & directors of Truenorth Automobiles Private Limited?

    Currently 3 directors are associated with Truenorth Automobiles Private Limited.

    • Dilmohan Singh
    • Nimisha Jain
    • Prithipal Singh
  • What is the registered address of Truenorth Automobiles Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Truenorth Automobiles Private Limited is Plot No A-1/1 Rewari Line Mayapuri Industrial Area Phase- 1, India, New Delhi, 110064.

  • What is the corporate identification number (CIN) and company number of Truenorth Automobiles Private Limited?

    The corporate identification number (CIN) of Truenorth Automobiles Private Limited is U50101DL2018PTC341311 and the company number is 341311 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Truenorth Automobiles Private Limited?

    The Official website of Truenorth Automobiles Private Limited is https://www.truenorthautos.com

  • What has been the recent revenue trend for Truenorth Automobiles Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Truenorth Automobiles Private Limited has risen by 47.81%.

  • What change has been observed in the net worth of Truenorth Automobiles Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Truenorth Automobiles Private Limited has experienced an upsurge of 12.45%.

  • What are the total open charges for Truenorth Automobiles Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Truenorth Automobiles Private Limited amount to ₹ 51.14 Cr.

  • When was the last Balance Sheet of Truenorth Automobiles Private Limited filed with the ROC?

    The most recent Balance Sheet for Truenorth Automobiles Private Limited was filed with the ROC on 31 Mar 2023.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Auto Dealership & Trading