Trues Steels Private Limited

Manufacturer and supplier of sheet metal and heavy fabrication components with ISO certification.

2008 | Chandigarh (India) | Active
Last Updated:

Trues Steels Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 17 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 21.07 Cr
  • Satisfied Charges ₹ 49.86 Cr
  • Revenue Growth 19.36%
  • Profit Growth 31.93%
  • Ebitda 14.70%
  • Net Worth 24.15%
  • Total Assets -6.41%

About Trues Steels

Trues Steels Private Limited (TSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 February 2008 and has a history of 17 years and two months. Its registered office is in Chandigarh, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹21.07 Cr. The company has closed loans amounting to ₹49.86 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vikas Mangla and Ravi Kant serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27106CH2008PTC031101

  • Company No.

    031101

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Feb 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Machinery and Equipment

What products or services does Trues Steels Private Limited offer?

Trues Steels Private Limited offers a wide range of products and services, including Doors and Windows, Industrial Doors, Metal Doors, Cleanroom Equipment & Supplies, Clean Room Fittings and Furniture, MS Pipe, Commercial Door.

Company report

Trues Steels Private Limited

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

Who are the key members and board of directors at Trues Steels?

Board Members (2)

NameDesignationAppointment DateStatus
Vikas Mangla Country flag representing In Director 25-Feb-2008Current
Ravi Kant Country flag representing In Director 25-Feb-2008Current

Financial Performance of Trues Steels.

Trues Steels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.36% increase. The company also saw a substantial improvement in profitability, with a 31.93% increase in profit. The company's net worth Soared by an impressive increase of 24.15%.

Trues Steels revenue growth over time
Trues Steels 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
19.36%
Revenue from Operations
19.10%
Total Assets
-6.41%
Profit or Loss
31.93%
Net Worth
24.15%
EBITDA
14.70%

What is the Ownership and Shareholding Structure of Trues Steels?

In 2023, Trues Steels 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

₹21.07 Cr

Satisfied Charges

₹49.86 Cr

Charges Breakdown by Lending Institutions

  • Others : 21.07 Cr

Latest Charge Details

DateLenderAmountStatus
07 Feb 2022Others₹21.07 CrOpen
22 Nov 2019Hdfc Bank Limited₹24.66 CrSatisfied
11 Feb 2015Yes Bank Limited₹15.67 CrSatisfied
06 Feb 2014Bank Of India₹5.00 MSatisfied
26 Nov 2012Bank Of India₹2.25 CrSatisfied

How Many Employees Work at Trues Steels?

Trues Steels has a workforce of 177 employees as of Mar 29, 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 Trues Steels Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Trues Steels, 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 Trues Steels'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 Trues Steels

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Trues Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Charges

    A charge registered on 22 Nov 2019 via Charge ID 100308328 with Hdfc Bank Limited was fully satisfied on 07 Apr 2022.

  • Charges

    A charge with Others amounted to Rs. 21.07 Cr with Charge ID 100540155 was registered on 07 Feb 2022.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 24.66 Cr registered on 22 Nov 2019 with Charge ID 100308328 was modified on 28 Dec 2021.

  • Charges

    A charge registered on 11 Feb 2015 via Charge ID 10581655 with Yes Bank Limited was fully satisfied on 03 Sep 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Trues Steels Private Limited?

    Trues Steels Private Limited was incorporated on 25 Feb 2008.

  • What is authorized share capital and paid-up capital of Trues Steels Private Limited?

    The authorized share capital of Trues Steels Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Trues Steels Private Limited?

    Currently 2 directors are associated with Trues Steels Private Limited.

    • Vikas Mangla
    • Ravi Kant
  • What is the registered address of Trues Steels Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Trues Steels Private Limited is Plot No: 285 Industrial Area, Phase Ii India, Chandigarh, 160002.

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

    The corporate identification number (CIN) of Trues Steels Private Limited is U27106CH2008PTC031101 and the company number is 031101 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Trues Steels Private Limited?

    The Official website of Trues Steels Private Limited is https://www.tsplchd.com

  • What has been the recent revenue trend for Trues Steels Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Trues Steels Private Limited has risen by 19.36%.

  • How many employees does Trues Steels Private Limited currently have?

    As Per 2023 financial reports, 177 employees are currently employed by Trues Steels Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Trues Steels Private Limited has experienced an upsurge of 24.15%.

  • What are the total open charges for Trues Steels Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Trues Steels Private Limited amount to ₹ 21.07 Cr.

  • When was the last Balance Sheet of Trues Steels Private Limited filed with the ROC?

    The most recent Balance Sheet for Trues Steels Private Limited was filed with the ROC on 31 Mar 2024.

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