MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-10-0002314
True Basket Private Limited - energy and power in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.12 Lakh
▲ 53% YoY
Net profit · FY 2025
₹70,185
Net margin 62.6%
EBITDA · FY 2025
₹96,177
EBITDA margin 85.7%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹12.55 Lakh
Issued & subscribed
Open charges
₹25 Lakh
Satisfied ₹15 Lakh
Company age
18 yrs
Est. 2008
Directors on board
3
As per MCA filings
About True Basket Private Limited
Data last updated:
True Basket Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 22 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U47810DL2008PTC186049. Its GSTIN is 07AACCJ1186F1ZQ (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹12.55 Lakh. It was formerly known as Jts Power Private Limited. It is led by directors including Jitender Kumar Sachdeva and Tanu Sachdeva.
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 F – 110 1st Floor Dda Building No. 5 District Centre Jana, K Puri, New Delhi, Delhi, India – 110058.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.12 Lakh, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹70,185 (net margin 62.6%) and EBITDA of ₹96,177 (EBITDA margin 85.7%). Revenue has declined at a compounded annual rate (CAGR) of 76% over three years and 63% over five years.
As per MCA filings, the company has open charges of ₹25 Lakh and satisfied charges of ₹15 Lakh on record.
True Basket Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-10-0002314). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jetpower.in.
Company Details of True Basket Private Limited
CIN U47810DL2008PTC186049
Registration Number 186049
Incorporation Date 22 December 2008
ROC Delhi
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-DL-10-0002314
CIN History of True Basket Private Limited
True Basket has one previous CIN (Corporate Identification Number): U31101DL2008PTC186049. The current CIN is U47810DL2008PTC186049, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U47810DL2008PTC186049 | Current |
| U31101DL2008PTC186049 | Previous |
Recognitions & Rankings of True Basket
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressF – 110 1st Floor Dda Building No. 5 District Centre Jana, K Puri, New Delhi, Delhi, India – 110058
- IndustryEnergy and Power, Power Equipment Manufacturers
Comprehensive company report
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Financials of True Basket Private Limited FY 2025 filings available
True Basket Private Limited reported revenue of ₹1.12 Lakh (up 53% YoY) for FY 2025.
Revenue · FY 2025
₹1.12 Lakh ▲ 53%
Net profit · FY 2025
₹70,185 margin 62.6%
EBITDA · FY 2025
₹96,177 margin 85.7%
Compounded Annual Growth Rate (CAGR) of True Basket Private Limited
Revenue CAGR growth
1 year
▲ 53%
3 years · compounded
▼ 76%
5 years · compounded
▼ 63%
EBITDA CAGR growth
1 year
▲ 114%
3 years · compounded
▼ 42%
5 years · compounded
▼ 12%
Revenue rose 53% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 63%. EBITDA rose 114% 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 of True Basket Private Limited
| Metrics | FY 2024-25 | 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 | ₹96,177 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹70,185 | •••• | •••• | •••• | •••• |
| 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 of True Basket Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 85.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 62.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of True Basket are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of True Basket Private Limited
True Basket has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitender Kumar Sachdeva | Director | 22 Dec 2008 | 17 Years 9 Months | Current |
| Tanu Sachdeva | Director | 22 Dec 2008 | 17 Years 9 Months | Current |
| Dheeraj Sachdeva | Director | 11 Jul 2025 | 1 Years 3 Months | Current |
Peer Comparison of True Basket Private Limited
True Basket Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sarla Harish Exports Private Limited | ₹1.18 Lakh (FY 2018) | •••• | •••• | -7.0% | •••• | New Delhi, Delhi, India |
| Mycrogrip Electronics Private Limited | ₹1.16 Lakh (FY 2024) | •••• | •••• | -64.0% | •••• | Rajkot, Gujarat, India |
| Jainson Equipments Private Limited | ₹1.14 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | Beawar, Rajasthan, India |
| BCN Power Systems Private Limited | ₹1.13 Lakh (FY 2024) | •••• | •••• | -98.0% | •••• | New Delhi, Delhi, India |
| Sunvest Energy Private Limited | ₹1.12 Lakh (FY 2020) | •••• | •••• | -96.0% | •••• | Mumbai, Maharashtra, India |
| True Basket Private Limited this company | ₹1.12 Lakh (FY 2025) | •••• | •••• | 53.0% | •••• | New Delhi, Delhi, India |
| Ark Transformers Private Limited | ₹1.09 Lakh (FY 2025) | •••• | •••• | 36.0% | •••• | Bhopal, Madhya Pradesh, India |
| Gujarat Heavy Electrical & Insulators Private Limited | ₹1.06 Lakh (FY 2025) | •••• | •••• | -99.0% | •••• | Wadhwan, Gujarat, India |
| JDR Luminaries Private Limited. | ₹1.06 Lakh (FY 2025) | •••• | •••• | -22.0% | •••• | Haridwar, Uttarakhand, India |
| DRS Energy Private Limited | ₹1.06 Lakh (FY 2025) | •••• | •••• | -26.0% | •••• | Delhi, India |
| Waaree Infrastructure & Agritech Private Limited | ₹1.05 Lakh (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below True Basket by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of True Basket Private Limited
Open charges
₹25 Lakh
Satisfied charges
₹15 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Mar 2014 | Idbi Bank Limited | ₹25 Lakh | Open |
| 23 Jan 2010 | Idbi Bank Limited | ₹15 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at True Basket Private Limited
Employment history and EPFO contributions of people linked to True Basket.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on True Basket Private Limited
True Basket Private Limited has 3 board changes on record since 2008: 3 appointments. The latest: Dheeraj Sachdeva was appointed as Director on 11 Jul 2025.
AGM
True Basket Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Dheeraj Sachdeva was appointed as Director.
Filing
True Basket Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Charges
A charge with Idbi Bank Limited of Rs. 25.00 Lakh registered on 20 Mar 2014 with Charge ID 10493989 was modified on 31 Mar 2015.
Charges
A charge with Idbi Bank Limited amounted to Rs. 25.00 Lakh with Charge ID 10493989 was registered on 20 Mar 2014.
Charges
A charge registered on 23 Jan 2010 via Charge ID 10205643 with Idbi Bank Limited was fully satisfied on 25 Feb 2014.
Charges
A charge with Idbi Bank Limited amounted to Rs. 15.00 Lakh with Charge ID 10205643 was registered on 23 Jan 2010.
Appointed
Jitender Kumar Sachdeva was appointed as Director.
Appointed
Tanu Sachdeva was appointed as Director.
Incorporation
22 Dec 2008
True Basket Private Limited was registered on 22 Dec 2008 with Roc Delhi Ii & aged 17 years 9 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for True Basket Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by True Basket Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of True Basket Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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GST Compliance of True Basket Private Limited
True Basket has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCJ1186F1ZQ | Delhi | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of True Basket Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about True Basket Private Limited
True Basket is an active private limited company based in New Delhi, Delhi, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 22 December 2008 (18+ years old) and is registered under CIN U47810DL2008PTC186049.
True Basket reported revenue of ₹1.12 Lakh for FY 2025 (up 53% YoY).
True Basket has 3 current directors:
- Jitender Kumar Sachdeva - Director
- Tanu Sachdeva - Director
- Dheeraj Sachdeva - Director
True Basket reported a net profit of ₹70,185 (net margin 62.6%) and EBITDA of ₹96,177 (EBITDA margin 85.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of True Basket is -76% over three years and -63% over five years. In the latest year (FY 2025) revenue rose 53%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of True Basket is 07AACCJ1186F1ZQ, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of True Basket is U47810DL2008PTC186049. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Basket was incorporated on 22 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of True Basket by revenue are Sarla Harish Exports Private Limited, Mycrogrip Electronics Private Limited, Jainson Equipments Private Limited, BCN Power Systems Private Limited, Sunvest Energy Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Dheeraj Sachdeva was appointed as Director on 11 Jul 2025. Jitender Kumar Sachdeva was appointed as Director on 22 Dec 2008. Tanu Sachdeva was appointed as Director on 22 Dec 2008.
Yes, True Basket is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-10-0002314).