Truevalue Marketing Services Private Limited

Manufacturer of vending machines, coffee premixes, and tea bags under 'Granules 'n' Beans' brand.

1997 | Bangaluru, Karnataka (India) | Active
Last Updated:

Truevalue Marketing Services Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.78 M
  • Company Age 28 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.01 Cr
  • Satisfied Charges ₹ 5.70 Cr
  • Revenue Growth 29.70%
  • Profit Growth 131.13%
  • Ebitda 155.63%
  • Net Worth 8.46%
  • Total Assets 8.11%

About Truevalue Marketing Services

Truevalue Marketing Services Private Limited (TMSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 January 1997 and has a history of 28 years and three months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Agriculture 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 2.50 M and a paid-up capital of Rs 1.78 M.

The company currently has active open charges totaling ₹6.01 Cr. The company has closed loans amounting to ₹5.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pratima Ashar, Nitin Jagdish, Seena Shanavas, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45209KA1997PTC021627

  • Company No.

    021627

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Jan 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Agriculture
Machinery and Equipment

What products or services does Truevalue Marketing Services Private Limited offer?

Truevalue Marketing Services Private Limited offers a wide range of products and services, including Electrical & Electronic Goods Rental, Machine Rental, Vending Machine, Coffee Vending Machines, Coffee, Coffee Premix, Tea Coffee Vending Machine, Tea Vending Machines, Vending Machines & Dispensers, Tea Premix.

Company report

Truevalue Marketing Services Private Limited

Explore comprehensive data for Truevalue Marketing Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (6)

NameDesignationAppointment DateStatus
Pratima Ashar Country flag representing In Director 28-Mar-2002Current
Nitin Jagdish Country flag representing In Director 01-Nov-2009Current
Seena Shanavas Country flag representing In Director 03-Sep-2014Current
Vithal Shah Country flag representing In Director 01-Jun-2015Current
Mita Shah Country flag representing In Director 01-Jun-2015Current
Naresh Krishnan Country flag representing In Director 01-Jul-2022Current

Financial Performance of Truevalue Marketing Services.

Truevalue Marketing Services Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 29.7% increase. The company also saw a substantial improvement in profitability, with a 131.13% increase in profit. The company's net worth moved up by a moderate rise of 8.46%.

Truevalue Marketing Services revenue growth over time
Truevalue Marketing Services 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
29.70%
Revenue from Operations
31.77%
Total Assets
8.11%
Profit or Loss
131.13%
Net Worth
8.46%
EBITDA
155.63%

What is the Ownership and Shareholding Structure of Truevalue Marketing Services?

In 2022, Truevalue Marketing Services had a public holding of 32.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹60.10 M

Satisfied Charges

₹57.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 6.01 Cr

Latest Charge Details

DateLenderAmountStatus
30 Nov 2023Hdfc Bank Limited₹1.00 CrOpen
09 Dec 2022Hdfc Bank Limited₹5.01 CrOpen
19 Mar 2019Citi Bank N.A.₹2.00 CrSatisfied
02 Apr 2018Citi Bank N.A.₹1.00 CrSatisfied
13 Apr 2011Citi Bank N.A.₹2.70 CrSatisfied

How Many Employees Work at Truevalue Marketing Services?

Truevalue Marketing Services has a workforce of 398 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.

Employee growth trends for Truevalue Marketing Services Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with Hdfc Bank Limited of Rs. 50.10 M registered on 09 Dec 2022 with Charge ID 100663037 was modified on 04 Jul 2024.

  • Balance Sheet

    Truevalue Marketing Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge registered on 19 Mar 2019 via Charge ID 100267703 with Citi Bank N.A. was fully satisfied on 09 Jan 2024.

  • Charges

    A charge registered on 02 Apr 2018 via Charge ID 100228537 with Citi Bank N.A. was fully satisfied on 09 Jan 2024.

  • Charges

    A charge registered on 13 Apr 2011 via Charge ID 10279336 with Citi Bank N.A. was fully satisfied on 09 Jan 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Truevalue Marketing Services Private Limited?

    Truevalue Marketing Services Private Limited was incorporated on 10 Jan 1997.

  • What is authorized share capital and paid-up capital of Truevalue Marketing Services Private Limited?

    The authorized share capital of Truevalue Marketing Services Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.78 M.

  • Who are the current board members & directors of Truevalue Marketing Services Private Limited?

    Currently 6 directors are associated with Truevalue Marketing Services Private Limited.

    • Pratima Nitin Ashar
    • Nitin Ashar Jagdish
    • Seena Shanavas
    • Vithal Ramdas Shah
    • Mita Vitthal Shah
    • Naresh Krishnan

  • What is the registered address of Truevalue Marketing Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Truevalue Marketing Services Private Limited is 315 6Th Main Road Hal 2Nd Stage, India, Bangalore., Karnataka, 560038.

  • What is the corporate identification number (CIN) and company number of Truevalue Marketing Services Private Limited?

    The corporate identification number (CIN) of Truevalue Marketing Services Private Limited is U45209KA1997PTC021627 and the company number is 021627 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Truevalue Marketing Services Private Limited?

    The Official website of Truevalue Marketing Services Private Limited is https://www.truevaluemarketing.in

  • What has been the recent revenue trend for Truevalue Marketing Services Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Truevalue Marketing Services Private Limited has risen by 29.70%.

  • How many employees does Truevalue Marketing Services Private Limited currently have?

    As Per 2022 financial reports, 398 employees are currently employed by Truevalue Marketing Services Private Limited.

  • What change has been observed in the net worth of Truevalue Marketing Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Truevalue Marketing Services Private Limited has experienced an upsurge of 8.46%.

  • What are the total open charges for Truevalue Marketing Services Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Truevalue Marketing Services Private Limited amount to ₹ 6.01 Cr.

  • When was the last Balance Sheet of Truevalue Marketing Services Private Limited filed with the ROC?

    The most recent Balance Sheet for Truevalue Marketing Services Private Limited was filed with the ROC on 31 Mar 2024.

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