True Blue Corp LLP
About True Blue Corp LLP
Data last updated:
True Blue Corp LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 07 February 2018 and has been in existence for over 8 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAL-9429. Its GSTIN is 27AANFT4643H1ZT (Maharashtra).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Rakesh Prakash Jain and Vivek Kamalkumar Jain.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at 505 Flr – 5 Plot. – 64B Gupta Bhavan S.T.M Rd. Tata Power Carnac Bandar Chichbandar, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹1.63 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net loss of ₹3.26 Cr (net margin -200%) and EBITDA of -₹3.22 Cr (EBITDA margin -198%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years.
As per MCA filings, the LLP has open charges of ₹12.5 Cr on record. Court records list 2 cases involving the LLP, including 1 filed by the LLP and 1 filed against it.
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- Registered Address505 Flr – 5 Plot. – 64B Gupta Bhavan S.T.M Rd. Tata Power Carnac Bandar Chichbandar, Mumbai, Maharashtra, India – 400009
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Financials of True Blue Corp LLP FY 2024 filings available
True Blue Corp LLP reported revenue of ₹1.63 Cr (up 64% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of True Blue Corp LLP
Revenue rose 64% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 30%. 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 Blue Corp LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | -₹3.26 Cr | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of True Blue Corp LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | -200% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of True Blue Corp are in the company report.
Financial statements from FY 2018
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.
Designated Partners of True Blue Corp LLP
True Blue Corp has 2 current designated partners and 3 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Prakash Jain Also directs: Prakhhyat Residency LLP, Prakhhyat Assets LLP, Asr Concepts Limited Liability Partnership and 5 more | Designated Partner | 02 May 2019 | 7 Years 5 Months | Current |
| Vivek Kamalkumar Jain | Designated Partner | 07 Feb 2018 | 8 Years 8 Months | Current |
Ownership and Shareholding of True Blue Corp LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of True Blue Corp LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Oct 2025 | Axis Finance Limited | ₹12.5 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of True Blue Corp LLP
True Blue Corp LLP has 2 court cases on record: 1 filed by True Blue Corp, 1 filed against it. All cases are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by an individual | Disposed |
| Bombay High Court | Writ petition | Filed by the company against an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at True Blue Corp LLP
Employment history and EPFO contributions of people linked to True Blue Corp.
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 Blue Corp LLP
True Blue Corp LLP has 5 designated partner changes on record since 2018: 3 appointments and 2 cessations. The latest: Sandeep Surajprakash Bagla ceased to be Designated Partner on 03 May 2019.
Credit Ratings, Litigation & Regulatory Alerts for True Blue Corp LLP
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 Blue Corp LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of True Blue Corp LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of True Blue Corp LLP
True Blue Corp has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANFT4643H1ZT | Maharashtra | Active | 17 May 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of True Blue Corp LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about True Blue Corp LLP
True Blue Corp is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 07 February 2018 (8+ years old) and is registered under LLPIN AAL-9429.
True Blue Corp reported revenue of ₹1.63 Cr for FY 2023 (up 64% YoY).
True Blue Corp has 2 current designated partners:
- Rakesh Prakash Jain - Designated Partner
- Vivek Kamalkumar Jain - Designated Partner
True Blue Corp reported a net loss of ₹3.26 Cr (net margin -200%) and EBITDA of -₹3.22 Cr (EBITDA margin -198%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of True Blue Corp is -30% over three years. In the latest year (FY 2023) revenue rose 64%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of True Blue Corp is 27AANFT4643H1ZT, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of True Blue Corp is AAL-9429. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
True Blue Corp has 2 court cases on record: 1 filed by the LLP and 1 filed against it.
True Blue Corp was incorporated on 07 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Sandeep Surajprakash Bagla ceased to be Designated Partner on 03 May 2019. Pramesh Chunilal Rambhiya was appointed as Partner on 02 May 2019. Rakesh Prakash Jain was appointed as Designated Partner on 02 May 2019. True Blue Corp has 5 designated partner changes on record in total.