About Truegreen
Truegreen was a Consumer company based in Ahmedabad (India) founded in 2009. It manufactures and supplies biodegradable and compostable packaging products. It operates on a B2B model. The company has 1 employees. Its Indian entity Greendiamz Biotech Limited reported revenue of ₹1.61 Cr. The company is recorded as dissolved. Its focus areas include Manufacturing, Packaging, Sustainable Packaging and Biodegradable Products.
Company details
Truegreen manufactures and supplies biodegradable and compostable packaging products, focusing on producing manufactured goods, packaging, offering sustainable packaging, and biodegradable products. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Ahmedabad, India
- Employees 1
- SectorsConsumer
- Website truegreen.in
- Social X
- Legal Name Greendiamz Biotech Limited
- Date of Incorporation 08 May, 2009
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹1.61 Cr
FY 2017 · +150% YoY
- Net Loss-₹99.8 Lakh
FY 2017 · -62% margin
- EBITDA₹54.9 Lakh
FY 2017 · 34% margin
- Employee Count1
Associated legal entities of Truegreen
Truegreen operates through Greendiamz Biotech Limited (under liquidation). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2017) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Greendiamz Biotech Limited CIN U36990GJ2009PLC056869 | Under Liquidation | 08 May 2009 | Ahmedabad, Gujarat | ₹1.6 Cr | 3 | View details |
Board of directors of Greendiamz Biotech Limited (Truegreen)
Greendiamz Biotech Limited is the primary company behind Truegreen. The board of Greendiamz Biotech Limited currently have 3 directors; the longest-serving is Champat Sanghvi, appointed in 2009. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Champat Sanghvi DIN 00581756 | Director | 08 May 2009 | 17 yrs 6 mo | Greendiamz Biotech Limited |
| Deepak Champat Sanghvi DIN 00582016 | Director | 08 May 2009 | 17 yrs 6 mo | Greendiamz Biotech Limited |
| Kapilkumar Nayak Narendra DIN 05237629 | Director | 25 Mar 2013 | 13 yrs 7 mo | Greendiamz Biotech Limited |
Financials of Truegreen
Figures of Greendiamz Biotech Limited, the primary company behind Truegreen, for FY 2017. Revenue was ₹1.61 Cr (+150% year on year). Net loss was -₹99.8 Lakh (-62% margin). EBITDA was ₹54.9 Lakh (34% margin). Revenue has grown at a compounded annual rate of -34% over three years and -49% over five years.
- ₹1.61 CrRevenue · FY 2017 · +150% YoY
- -₹99.8 LakhNet loss · -62% margin
- ₹54.9 LakhEBITDA · 34% margin
- ₹5.00 CrPaid-up capital
- -34%Revenue CAGR, 3 years
- -49%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Greendiamz Biotech Limited are on its company page.
Detailed financial statements for Truegreen
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Top companies in Food Packaging
3 companies that operate in the same segment as Truegreen (Food Packaging) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Diverse products in FMCG, hotels, packaging, and agri-business are offered. | 1910 | Kolkata, West Bengal, India | USD 10.81 B | 47,360 | ||
Glass containers are manufactured for pharmaceuticals and beverages. | 1946 | Kolkata, West Bengal, India | USD 212.68 M | 904 | ||
Disposable plates are manufactured by Agrileaf in India. | 2020 | Mangaluru, Karnataka, India | USD 1.89 M | USD 2.49 M | 54 |
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Frequently Asked Questions about Truegreen
Truegreen was founded in 2009.
Truegreen is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Truegreen has 1 employees.
The primary company behind Truegreen, Greendiamz Biotech Limited, reported revenue of ₹1.61 Cr for FY 2017, up 150% year on year.
Truegreen manufactures and supplies biodegradable and compostable packaging products, focusing on producing manufactured goods, packaging, offering sustainable packaging, and biodegradable products. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Truegreen operates through Greendiamz Biotech Limited.
The legal entities of Truegreen currently have 3 directors, including Champat Sanghvi, Deepak Champat Sanghvi, Kapilkumar Nayak Narendra.