MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0025475
Tru Value Solar Private Limited - energy and power in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.85 Lakh
▼ 87% YoY
Net loss · FY 2024
₹25,229
Net margin -2.3%
EBITDA · FY 2024
₹9.57 Lakh
EBITDA margin 88.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Tru Value Solar Private Limited
Data last updated:
Tru Value Solar Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 21 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2011PTC065083. Its GSTIN is 24AAJCA4060A1ZB (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Acreage Developers Private Limited. It is led by directors Isha Patel Jevin and Jevin Patel Sanjaybhai.
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 501 5th Floor R.K.Centre Opp. Saffron Building Fatehgunj, Vadodara, Gujarat, India – 390002.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.85 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹25,229 (net margin -2.3%) and EBITDA of ₹9.57 Lakh (EBITDA margin 88.2%). Revenue has declined at a compounded annual rate (CAGR) of 72% over three years and 43% over five years.
The company is associated with 1 brand: Truvaluesolar.
Tru Value Solar Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0025475). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website truvaluesolar.com.
Company details
CIN U74999GJ2011PTC065083
Registration Number 065083
Incorporation Date 21 April 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-24-0025475
CIN history
Tru Value Solar has one previous CIN (Corporate Identification Number): U45200GJ2011PTC065083. The current CIN is U74999GJ2011PTC065083, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999GJ2011PTC065083 | Current |
| U45200GJ2011PTC065083 | Previous |
Recognitions & Rankings of Tru Value Solar
Contact details
Tru Value Solar Private Limited's registered office is in Vadodara, Gujarat. Its website is truvaluesolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address501 5th Floor R.K.Centre Opp. Saffron Building Fatehgunj, Vadodara, Gujarat, India – 390002
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Tru Value Solar Private Limited, buy the company report.
Comprehensive company report
Tru Value Solar 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Tru Value Solar operates one associated brand: Truvaluesolar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Serves as a reliable supplier of high-quality solar panels for sustainable energy solutions. | truvaluesolar.com |
Business activity
The main business activity of Tru Value Solar 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 Tru Value Solar Private Limited, buy the company report.
Financials of Tru Value Solar Private Limited
FY 2025 filings availableTru Value Solar Private Limited reported revenue of ₹10.85 Lakh (down 87% YoY) for FY 2024.
Revenue · FY 2024
₹10.85 Lakh ▼ 87%
Net loss · FY 2024
₹25,229 margin -2.3%
EBITDA · FY 2024
₹9.57 Lakh margin 88.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 87%
3 years · compounded
▼ 72%
5 years · compounded
▼ 43%
EBITDA CAGR growth
1 year
▼ 28%
3 years · compounded
▼ 37%
5 years · compounded
▼ 5%
Revenue has declined at a compounded annual rate (CAGR) of 43% over five years, including a 87% fall in the latest year. EBITDA fell 28% 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 | FY 2019-20 |
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| EBITDA | ₹9.57 Lakh | ||||
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| Net Profit (PAT) | -₹25,229 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 88.2% | ||||
| Net Profit Margin | -2.3% | ||||
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To see the full financial statements and ratios of Tru Value Solar Private Limited, buy the company report.
Board of directors of Tru Value Solar Private Limited
Tru Value Solar has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Isha Patel Jevin Also directs: JJP Import Export Private Limited | Director | 18 Feb 2021 | 5 Years 8 Months | Current |
| Jevin Patel Sanjaybhai | Director | 21 Apr 2011 | 15 Years 6 Months | Current |
Auditor
Tru Value Solar Private Limited is audited by GAURANG I PARIKH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GAURANG I PARIKH & CO | FY 2020 | 103103W |
Shareholding
The shareholding of Tru Value Solar Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Tru Value Solar Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Tru Value Solar 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 Tru Value Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tru Value Solar has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCA4060A1ZB | Gujarat | Active | 07 May 2019 |
To see the full GST registrations and return filing status of Tru Value Solar Private Limited, buy the company report.
Recent activity
Tru Value Solar Private Limited has 8 board changes on record since 2011: 5 appointments and 3 cessations. The latest: Minal Patel Sanjay ceased to be Director on 30 Aug 2021.
AGM
Tru Value Solar Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Tru Value Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Minal Patel Sanjay ceased to be Director.
Appointed
Isha Patel Jevin was appointed as Director.
Ceased
Chintan Pradip Patel ceased to be Director.
Appointed
Minal Patel Sanjay was appointed as Director.
Appointed
Chintan Pradip Patel was appointed as Director.
Ceased
Sanjay Ramanbhai Patel ceased to be Managing Director.
Appointed
Jevin Patel Sanjaybhai was appointed as Director.
Appointed
Sanjay Ramanbhai Patel was appointed as Managing Director.
Incorporation
21 Apr 2011
Tru Value Solar Private Limited was registered on 21 Apr 2011 with Roc Ahmedabad & aged 15 years 6 months as per MCA records.
Frequently asked questions
Tru Value Solar is an active private limited company based in Vadodara, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 21 April 2011 (15+ years old) and is registered under CIN U74999GJ2011PTC065083.
Tru Value Solar has 2 current directors:
- Isha Patel Jevin - Director
- Jevin Patel Sanjaybhai - Director
The latest financial statements of Tru Value Solar 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 2015 are in the company report.
The GSTIN of Tru Value Solar is 24AAJCA4060A1ZB, registered in Gujarat.
The CIN (Corporate Identification Number) of Tru Value Solar is U74999GJ2011PTC065083. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tru Value Solar was incorporated on 21 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Minal Patel Sanjay ceased to be Director on 30 Aug 2021. Isha Patel Jevin was appointed as Director on 18 Feb 2021. Chintan Pradip Patel ceased to be Director on 16 Jan 2019. Tru Value Solar has 8 board changes on record in total.
Yes, Tru Value Solar is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0025475).
Tru Value Solar can be reached through the website truvaluesolar.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Tru Value Solar is at 501 5th Floor R.K.Centre Opp. Saffron Building Fatehgunj, Vadodara, Gujarat, India – 390002.