Truevalue Engineering Private Limited

Steel trading company supplying various products to OEMs and trading houses since 1999.

1999 | Mumbai, Maharashtra (India) | Under Insolvency
Last Updated: January 16, 2025

Truevalue Engineering Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.49 Cr
  • Company Age 25 Year, 1 Month
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 40.55 Cr
  • Revenue Growth -6.79%
  • Profit Growth -727.30%
  • Ebitda -51.94%
  • Net Worth -9.57%
  • Total Assets -9.73%

About Truevalue Engineering

Truevalue Engineering Private Limited (TEPL) is Under Cirp company established on 09 Dec 1999 with its office registered at Mumbai, Maharashtra, India and has been running since 25 Year, 1 Month with a paid up capital of 1.49 Cr. According to MCA records, 3 Directors are linked to this company as of 16 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74210MH1999PTC122998

  • Company No.

    122998

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Dec 1999

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials
Metals and Minerals

Who are the key members and board of directors at Truevalue Engineering?

Board Members (3)

Name Designation Appointment Date Status
Deepak Nirvan Country flag representing In Director 22-Feb-2021 Current
Sudeep Hansaria Country flag representing In Additional Director 04-Feb-2020 Current
Rajendrakumar Choudhary Country flag representing In Director 09-Dec-1999 Current

Financial Performance of Truevalue Engineering.

Truevalue Engineering Private Limited, for the financial year ended 2019, experienced Minor drop in revenue, with a 6.79% decrease. The company also saw a substantial fall in profitability, with a 727.3% decrease in profit. The company's net worth dipped by a decrease of 9.57%.

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
-6.79%
Revenue from Operations
-6.88%
Total Assets
-9.73%
Profit or Loss
-727.30%
Net Worth
-9.57%
EBITDA
-51.94%

What is the Ownership and Shareholding Structure of Truevalue Engineering?

In 2019, Truevalue Engineering 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

₹40.55 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 40.55 Cr

Latest Charge Details

Date Lender Amount Status
15 Nov 2010 State Bank Of India ₹40.55 Cr Open

How Many Employees Work at Truevalue Engineering?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Truevalue Engineering, 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 Truevalue Engineering'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 Truevalue Engineering

Recent activity within the organization

  • Director Appointment

    Deepak Nirvan was appointed as a Director was appointed as a Director on 22 Feb 2021 & has been associated with this company since 3 years 11 months .

    22 Feb 2021

  • Director Appointment

    Sudeep Guarishankar Hansaria was appointed as a Additional Director was appointed as a Additional Director on 04 Feb 2020 & has been associated with this company since 4 years 11 months .

    04 Feb 2020

  • Annual General Meeting

    Truevalue Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Truevalue Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.

    31 Mar 2019

  • Charges

    A charge with State Bank Of India of Rs. 40.55 Cr registered on 15 Nov 2010 with Charge ID 10261134 was modified on 27 Feb 2013.

    27 Feb 2013

  • Charges

    A charge with State Bank Of India amounted to Rs. 40.55 Cr with Charge ID 10261134 was registered on 15 Nov 2010.

    15 Nov 2010

Frequently asked questions

  • Truevalue Engineering Private Limited was incorporated on 09 Dec 1999.

  • The authorized share capital of Truevalue Engineering Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.49 Cr.

  • Currently 3 directors are associated with Truevalue Engineering Private Limited.

    • Deepak Nirvan
    • Sudeep Guarishankar Hansaria
    • Rajendrakumar Nandlal Choudhary
  • As per Ministry of Corporate Affairs (Mca), the registered address of Truevalue Engineering Private Limited is 203 Loha Bhavancarna Bunder Masjid India, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of Truevalue Engineering Private Limited is U74210MH1999PTC122998 and the company number is 122998 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Truevalue Engineering Private Limited has fallen by -6.79%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Truevalue Engineering Private Limited has experienced an downturn of -9.57%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Truevalue Engineering Private Limited amount to ₹ 40.55 Cr.

  • The most recent Balance Sheet for Truevalue Engineering Private Limited was filed with the ROC on 31 Mar 2019.

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