Truetech Vision Industry Private Limited

Manufacturer of metal equipment for pharma and food industry, established in 2017 in Mumbai.

2017 | Nashik, Maharashtra (India) | Active
Last Updated: October 23, 2024

Truetech Vision Industry Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 7 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.37 Cr
  • Satisfied Charges ₹ 4.15 Cr
  • Revenue Growth 99.35%
  • Profit Growth 43.05%
  • Ebitda 75.38%
  • Net Worth 26.30%
  • Total Assets 63.75%

About Truetech Vision Industry

Truetech Vision Industry Private Limited (TVIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 10 April 2017 (Seven years and ten months 4 days old ). Its registered office is in Nashik, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.00 Cr.

The company currently has active open charges totaling ₹9.37 Cr. The company has closed loans amounting to ₹4.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

Deepak Mate, Onkar Lalsare, and Suresh Badgujar serve as directors at the Company.

Company Details

  • Location

    Nashik, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    truetechvision.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29309MH2017PTC293653

  • Company No.

    293653

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Apr 2017

  • 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 Truetech Vision Industry Private Limited offer?

Truetech Vision Industry Private Limited offers a wide range of products and services, including Pharmaceutical Machines, Multi Mill, Industrial Mixers & Homogenizers, Powder Mixers, Pharmaceutical Processing Equipment, Vibro Sifter, Pharmaceutical Machinery & Equipment, Industrial Water Tanks, Distilled Water Storage Tanks, Industrial Mixers.

Who are the key members and board of directors at Truetech Vision Industry?

Executive Team (1)

Name Designation Appointment Date Status
Suresh Badgujar Country flag representing In Managing Director 10-Apr-2017 Current

Board Members (2)

Name Designation Appointment Date Status
Onkar Lalsare Country flag representing In Director 21-Mar-2024 Current
Deepak Mate Country flag representing In Director 10-Apr-2017 Current

Financial Performance of Truetech Vision Industry.

Truetech Vision Industry Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 99.35% increase. The company also saw a substantial improvement in profitability, with a 43.05% increase in profit. The company's net worth Soared by an impressive increase of 26.3%.

Graph illustrating revenue growth over time
Graph showing 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
99.35%
Revenue from Operations
100.71%
Total Assets
63.75%
Profit or Loss
43.05%
Net Worth
26.30%
EBITDA
75.38%

What is the Ownership and Shareholding Structure of Truetech Vision Industry?

In 2023, Truetech Vision Industry had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.37 Cr

Satisfied Charges

₹4.15 Cr

Charges Breakdown by Lending Institutions

  • Others : 9.37 Cr

Latest Charge Details

Date Lender Amount Status
12 Dec 2023 Others ₹9.00 M Open
31 Mar 2022 Others ₹8.40 Cr Open
30 May 2019 Others ₹0.70 M Open
20 Feb 2020 Canara Bank ₹4.15 Cr Satisfied

How Many Employees Work at Truetech Vision Industry?

Truetech Vision Industry has a workforce of 249 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Truetech Vision Industry, 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 Truetech Vision Industry'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 Truetech Vision Industry

Recent activity within the organization

  • Director Appointment

    Onkar Sureshrao Lalsare was appointed as a Director was appointed as a Director on 21 Mar 2024 & has been associated with this company since 10 months 24 days .

    21 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.90 Cr with Charge ID 100838879 was registered on 12 Dec 2023.

    12 Dec 2023

  • Charges

    A charge registered on 20 Feb 2020 via Charge ID 100340519 with Canara Bank was fully satisfied on 07 Nov 2023.

    07 Nov 2023

  • Charges

    A charge with Others of Rs. 8.40 Cr registered on 31 Mar 2022 with Charge ID 100562878 was modified on 17 Oct 2023.

    17 Oct 2023

  • Annual General Meeting

    Truetech Vision Industry Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Truetech Vision Industry Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Frequently asked questions

  • Truetech Vision Industry Private Limited was incorporated on 10 Apr 2017.

  • The authorized share capital of Truetech Vision Industry Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.00 Cr.

  • Currently 3 directors are associated with Truetech Vision Industry Private Limited.

    • Deepak Balu Mate
    • Onkar Sureshrao Lalsare
    • Suresh Jagannath Badgujar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Truetech Vision Industry Private Limited is Plot No. H-160 Midc Ambad India, Nashik, Maharashtra, 422010.

  • The corporate identification number (CIN) of Truetech Vision Industry Private Limited is U29309MH2017PTC293653 and the company number is 293653 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Truetech Vision Industry Private Limited is https://www.truetechvision.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Truetech Vision Industry Private Limited has risen by 99.35%.

  • As Per 2023 financial reports, 249 employees are currently employed by Truetech Vision Industry Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Truetech Vision Industry Private Limited has experienced an upsurge of 26.30%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Truetech Vision Industry Private Limited amount to ₹ 9.37 Cr.

  • The most recent Balance Sheet for Truetech Vision Industry Private Limited was filed with the ROC on 31 Mar 2023.

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