Trueguard Realcon Private Limited
About Trueguard Realcon Private Limited
Data last updated:
Trueguard Realcon Private Limited is a private limited company based in Vapi, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 07 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U70200GJ2018PTC103983. Its GSTIN is 24AAGCT9251R1ZL (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Mohan Kasiviswanathan Manikkan and Sanjeev Jhurani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No 76 Village Morai, Vapi, Gujarat, India – 396191.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.77 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.27 Cr (net margin -16.5%) and EBITDA of ₹6.5 Cr (EBITDA margin 47.2%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 103% over five years.
Its group structure includes 3 subsidiaries.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 5 deals on record (4 debt financings, 1 rights issue), with disclosed funding of ₹346.25 Cr; the latest was in July 2022.
Company details
Contact details
Trueguard Realcon Private Limited's registered office is in Vapi, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSurvey No 76 Village Morai, Vapi, Gujarat, India – 396191
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Trueguard Realcon 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
Business activity
The main business activity of Trueguard Realcon is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Trueguard Realcon Private Limited, buy the company report.
Financials of Trueguard Realcon Private Limited
FY 2025 filings availableTrueguard Realcon Private Limited reported revenue of ₹13.77 Cr (up 1000% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 103% over five years, including 1000% growth in the latest year. EBITDA rose 107% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹6.5 Cr | ||||
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| Net Profit (PAT) | -₹2.27 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 47.2% | ||||
| Net Profit Margin | -16.5% | ||||
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To see the full financial statements and ratios of Trueguard Realcon Private Limited, buy the company report.
Board of directors of Trueguard Realcon Private Limited
Trueguard Realcon has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohan Kasiviswanathan Manikkan Also directs: Welspun Home Textiles Limited, Texreal Private Limited, Welspun Bapl Private Limited and 5 more | Director | 16 Feb 2022 | 4 Years 8 Months | Current |
| Sanjeev Jhurani Also directs: Finetone Realtors Private Limited, Alphaclarte Trading Private Limited, Alphaclarte Multiventures Private Limited and 5 more | Director | 07 Sep 2018 | 8 Years 1 Months | Current |
Auditor
Trueguard Realcon Private Limited is audited by Sureka Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sureka Associates | FY 2022 | 110640W |
Shareholding
The shareholding of Trueguard Realcon Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Trueguard Realcon Private Limited, buy the company report.
Deals & funding
Trueguard Realcon Private Limited has 5 deals on record (4 debt financings, 1 rights issue), with disclosed funding of ₹346.25 Cr; the latest was in July 2022.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2022 | Debt financing | ₹76.5 Cr | Investors: MGN Agro Properties Private Limited |
| Jul 2020 | Debt financing | ₹202 Cr | Investors: MGN Agro Properties Private Limited |
| Dec 2019 | Debt financing | ₹32.75 Cr | Investors: MGN Agro Properties Private Limited |
| Mar 2019 | Debt financing | ₹35 Cr | Investors: Adani Tradex LLP |
| Oct 2018 | Rights issue | ₹9 Lakh | Investors: BKG Family Trust |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Trueguard Realcon Private Limited has 2 court cases on record: 1 filed by Trueguard Realcon, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Chandra Prakash Jain Resolution Professional of M/S. Sintex Prefab and Infra Ltd. | Disposed |
| High Court of Gujarat | Special civil application | Filed against the company by an individual | Disposed |
To see the full case history of Trueguard Realcon Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Trueguard Realcon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Trueguard Realcon has 3 subsidiary companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Finetone Realtors Private Limited | U70100MH1999PTC118129 | |
| Alphaclarte Trading Private Limited | U74999MH2018PTC314050 | |
| Alphaclarte Multiventures Private Limited | U74999MH2018PTC314078 |
To see the full group structure of Trueguard Realcon Private Limited, buy the company report.
GST
Trueguard Realcon has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCT9251R1ZL | Gujarat | Active | 23 Oct 2020 |
To see the full GST registrations and return filing status of Trueguard Realcon Private Limited, buy the company report.
Recent activity
Trueguard Realcon Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Mohan Kasiviswanathan Manikkan ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Trueguard Realcon is an active private limited company based in Vapi, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 07 September 2018 (8+ years old) and is registered under CIN U70200GJ2018PTC103983.
Trueguard Realcon has 2 current directors:
- Mohan Kasiviswanathan Manikkan - Director
- Sanjeev Jhurani - Director
The latest financial statements of Trueguard Realcon on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Trueguard Realcon is 24AAGCT9251R1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Trueguard Realcon is U70200GJ2018PTC103983. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trueguard Realcon has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the high courts.
Trueguard Realcon was incorporated on 07 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Trueguard Realcon has 5 deals on record (4 debt financings, 1 rights issue), with disclosed funding of ₹346.25 Cr; the latest was in July 2022.
Mohan Kasiviswanathan Manikkan ceased to be Additional Director on 30 Sep 2022. Mohan Kasiviswanathan Manikkan was appointed as Director on 16 Feb 2022. Ravindrakumar Vishwanath Tibrewala ceased to be Director on 16 Feb 2022. Trueguard Realcon has 4 board changes on record in total.
The registered office of Trueguard Realcon is at Survey No 76 Village Morai, Vapi, Gujarat, India – 396191.