DPIIT recognised startup Government of India
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Truefuels Logistics Private Limited
Truefuels Logistics Private Limited - oil & gas in Ahmednagar, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2024
₹7.52 Lakh
▼ 87% YoY
Net loss · FY 2024
₹7.51 Lakh
Net margin -99.9%
EBITDA · FY 2024
-₹2.8 Lakh
EBITDA margin -37.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹5,000
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date
About Truefuels Logistics Private Limited
Data last updated:
Truefuels Logistics Private Limited is a private limited company based in Ahmednagar, Maharashtra, India, recognised as a startup by DPIIT. It operates in the fuel segment of the oil and gas sector. It was incorporated on 28 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U50500PN2020PTC194458.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹5,000. It is led by directors Satish Jalindar Tanpure and Reshma Satish Tanpure.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No.26 S.No.29 Mangal Housing Society Gulmohar Road, Ahmednagar, Maharashtra, India – 414001.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.52 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹7.51 Lakh (net margin -99.9%) and EBITDA of -₹2.8 Lakh (EBITDA margin -37.3%).
Truefuels Logistics Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-01-0012262).
Company details
CIN U50500PN2020PTC194458
Registration Number 194458
Incorporation Date 28 September 2020
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-01-0012262
Recognitions & Rankings of Truefuels Logistics
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-MH-01-0012262
Contact details
Truefuels Logistics Private Limited's registered office is in Ahmednagar, Maharashtra.
- Registered AddressPlot No.26 S.No.29 Mangal Housing Society Gulmohar Road, Ahmednagar, Maharashtra, India – 414001
- IndustryOil & Gas, Fuel, Retailers
Comprehensive company report
Truefuels Logistics Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Truefuels Logistics is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Truefuels Logistics Private Limited, buy the company report.
Financials of Truefuels Logistics Private Limited
FY 2024 filings availableTruefuels Logistics Private Limited reported revenue of ₹7.52 Lakh (down 87% YoY) for FY 2024.
Revenue · FY 2024
₹7.52 Lakh ▼ 87%
Net loss · FY 2024
₹7.51 Lakh margin -99.9%
EBITDA · FY 2024
-₹2.8 Lakh margin -37.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 87%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▼ 15%
Revenue fell 87% in the latest year. EBITDA fell 3% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹2.8 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹7.51 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -37.3% | |||
| Net Profit Margin | -99.9% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Truefuels Logistics Private Limited, buy the company report.
Board of directors of Truefuels Logistics Private Limited
Truefuels Logistics has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Jalindar Tanpure Also directs: Seenasagar Sugar and Agro Products Private Limited | Director | 28 Sep 2020 | 6 Years 1 Months | Current |
| Reshma Satish Tanpure Also directs: Seenasagar Sugar and Agro Products Private Limited | Director | 28 Sep 2020 | 6 Years 1 Months | Current |
Peer comparison
Truefuels Logistics Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tirupati Prime Commodite Private Limited | ₹7.52 Lakh (FY 2024) | 7.0% | Jaipur, Rajasthan, India | |||
| Narmoda Vintrade Private Limited | ₹7.52 Lakh (FY 2022) | -29.0% | Kolkata, West Bengal, India | |||
| Mensheild Pharmaceutical Private Limited | ₹7.52 Lakh (FY 2018) | Ghaziabad, Uttar Pradesh, India | ||||
| Ooyelik Livings Private Limited | ₹7.52 Lakh (FY 2023) | 298.0% | Gurgaon, Haryana, India | |||
| Ziamia Apparels Private Limited | ₹7.52 Lakh (FY 2025) | 127.0% | Kaloor, Kerala, India | |||
| Truefuels Logistics Private Limitedthis company | ₹7.52 Lakh (FY 2024) | -₹7.51 Lakh | -99.9% | -87.0% | Ahmednagar, Maharashtra, India | |
| Aazaan Exporters (OPC) Private Limited | ₹7.52 Lakh (FY 2021) | Patna, Bihar, India | ||||
| Sareen Electricals Private Limited | ₹7.52 Lakh (FY 2025) | -42.0% | Ludhiana, Punjab, India | |||
| Jacob Pharmaceuticals Private Limited | ₹7.52 Lakh (FY 2024) | -58.0% | Madurai, Tamil Nadu, India | |||
| Mercantile Dairy Project Pvt Ltd | ₹7.51 Lakh (FY 2016) | -45.0% | Kolkata, West Bengal, India | |||
| Panchmurti Niketan Limited | ₹7.51 Lakh (FY 2023) | 60.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Truefuels Logistics Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Truefuels Logistics 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 Truefuels Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Truefuels Logistics Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Truefuels Logistics Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Reshma Satish Tanpure was appointed as Director on 28 Sep 2020.
AGM
Truefuels Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Truefuels Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Appointed
Reshma Satish Tanpure was appointed as Director.
Appointed
Satish Jalindar Tanpure was appointed as Director.
Incorporation
28 Sep 2020
Truefuels Logistics Private Limited was registered on 28 Sep 2020 with Roc Pune & aged 6 years 1 month as per MCA records.
Frequently asked questions
Truefuels Logistics is an active private limited company based in Ahmednagar, Maharashtra, India. The company works in fuel, within the oil and gas industry. It was incorporated on 28 September 2020 (6+ years old) and is registered under CIN U50500PN2020PTC194458.
Truefuels Logistics has 2 current directors:
- Satish Jalindar Tanpure - Director
- Reshma Satish Tanpure - Director
The latest financial statements of Truefuels Logistics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Truefuels Logistics is U50500PN2020PTC194458. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Truefuels Logistics was incorporated on 28 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Truefuels Logistics by revenue are Tirupati Prime Commodite Private Limited, Narmoda Vintrade Private Limited, Mensheild Pharmaceutical Private Limited, Ooyelik Livings Private Limited, Ziamia Apparels Private Limited and 5 more, all in the same principal business activity (retail trading).
Reshma Satish Tanpure was appointed as Director on 28 Sep 2020. Satish Jalindar Tanpure was appointed as Director on 28 Sep 2020.
Yes, Truefuels Logistics is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Truefuels Logistics is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-01-0012262).
The registered office of Truefuels Logistics is at Plot No.26 S.No.29 Mangal Housing Society Gulmohar Road, Ahmednagar, Maharashtra, India – 414001.
Truefuels Logistics operates in the oil and gas industry, in the fuel segment.
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