About True North Fund Trusteeship Private Limited
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True North Fund Trusteeship Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the asset management firms segment of the financial services sector. It was incorporated on 30 May 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65991MH2000PTC126846. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5.01 Lakh. It was formerly known as India Value Fund Trustee Company Limited and True North Trusteeship Enterprise Private Limited. It is led by directors Suresh Narsappa Talwar and Laxminarayan Rangarajan.
Its last annual general meeting (AGM) was held on 30 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Suite F9C Grand Hyatt Plaza Santacruz (East), Mumbai, Maharashtra, India – 400055.
As per the financials filed for FY 2026, the company reported a revenue of ₹2.73 Lakh. For the same year it recorded a net loss of ₹13,460 (net margin -4.9%) and EBITDA of -₹13,460 (EBITDA margin -4.9%).
The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹5 Lakh; the latest was in April 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website truenorth.co.in.
Company details
Name history
True North Fund Trusteeship has undergone 8 name changes throughout its history. The current legal name is True North Fund Trusteeship Private Limited.
| Company Name | Status |
|---|---|
| True North Fund Trusteeship Private Limited | Current |
| India Value Fund Trustee Company Limited | Previous |
| True North Trusteeship Enterprise Private Limited | Previous |
| India-Human Capital Trustee Company Private Limited | Previous |
| India Value Fund Trustee Company Private Limited | Previous |
| True North Advisors Trusteeship Private Limited | Previous |
| True North Scheme Trusteeship Private Limited | Previous |
| India Value Fund Trustee Company Limited | Previous |
CIN history
True North Fund Trusteeship has one previous CIN (Corporate Identification Number): U65991MH2000PLC126846. The current CIN is U65991MH2000PTC126846, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65991MH2000PTC126846 | Current |
| U65991MH2000PLC126846 | Previous |
Contact details
True North Fund Trusteeship Private Limited's registered office is in Mumbai, Maharashtra. Its website is truenorth.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSuite F9C Grand Hyatt Plaza Santacruz (East), Mumbai, Maharashtra, India – 400055
- IndustryFinancial Services, Asset Management Firms
To see the full contact details of True North Fund Trusteeship Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of True North Fund Trusteeship Private Limited
FY 2025 filings availableTrue North Fund Trusteeship Private Limited reported revenue of ₹2.73 Lakh for FY 2026.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | -₹13,460 | ||||
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| Net Profit (PAT) | -₹13,460 | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.9% | ||||
| Net Profit Margin | -4.9% | ||||
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To see the full financial statements and ratios of True North Fund Trusteeship Private Limited, buy the company report.
Board of directors of True North Fund Trusteeship Private Limited
True North Fund Trusteeship has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Narsappa Talwar Also directs: True North Fund V LLP, True North Fund VI LLP, True North Trusteeship Private Limited and 1 more | Director | 18 Nov 2009 | 16 Years 11 Months | Current |
| Laxminarayan Rangarajan Also directs: True North Fund V LLP, True North Fund VI LLP, True North Trusteeship Private Limited and 2 more | Director | 15 May 2024 | 2 Years 5 Months | Current |
Auditor
True North Fund Trusteeship Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of True North Fund Trusteeship Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of True North Fund Trusteeship Private Limited, buy the company report.
Deals & funding
True North Fund Trusteeship Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹5 Lakh; the latest was in April 2018.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2018 | Secondary share transfer | Undisclosed | Buyer: Trustees Of True North Capital Trust Seller: 2 individuals |
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: Trustees Of True North Capital Trust Seller: 2 individuals |
| May 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Jul 2009 | Secondary share transfer | Undisclosed | Buyer: Aw Holdings Private Limited, an individual Seller: Ambit Investment Private Limited, an individual |
| Jul 2006 | Funding round | ₹5 Lakh | Investors: Ambit Investment Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving True North Fund Trusteeship Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for True North Fund Trusteeship Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
True North Fund Trusteeship has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of True North Fund Trusteeship Private Limited, buy the company report.
Recent activity
True North Fund Trusteeship Private Limited has 12 board changes on record since 2009: 2 appointments and 10 cessations. The latest: Laxminarayan Rangarajan ceased to be Director on 04 Jul 2024.
3 earlier events are in the company report.
News
Frequently asked questions
True North Fund Trusteeship is an active private limited company based in Mumbai, Maharashtra, India. The company works in asset management firms, within the financial services industry. It was incorporated on 30 May 2000 (26+ years old) and is registered under CIN U65991MH2000PTC126846.
True North Fund Trusteeship has 2 current directors:
- Suresh Narsappa Talwar - Director
- Laxminarayan Rangarajan - Director
The latest financial statements of True North Fund Trusteeship on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 June 2025. Year-wise statements from 2015 are in the company report.
No. True North Fund Trusteeship has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of True North Fund Trusteeship is U65991MH2000PTC126846. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True North Fund Trusteeship was incorporated on 30 May 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
True North Fund Trusteeship has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹5 Lakh; the latest was in April 2018.
Laxminarayan Rangarajan ceased to be Director on 04 Jul 2024. Laxminarayan Rangarajan was appointed as Director on 15 May 2024. Surendra Ambalal Dave ceased to be Director on 15 May 2024. True North Fund Trusteeship has 12 board changes on record in total.
True North Fund Trusteeship can be reached through the website truenorth.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of True North Fund Trusteeship is at Suite F9C Grand Hyatt Plaza Santacruz East, Mumbai, Maharashtra, India – 400055.