True Colors Limited
About True Colors Limited
Data last updated: 14 July 2026
True Colors Limited is a public limited company based in Surat, Gujarat, India. It specialises in IT products retail and distribution, a part of the broader technology and IT services sector. Incorporated on 09 October 2021, the company has been in operation for over 5 years.
Registered with ROC Ahmedabad under CIN L17299GJ2021PLC126265. Listed.
Capital: an authorised share capital of ₹25 Cr and a paid-up capital of ₹24.65 Cr. It is led by directors including Ashishkumar Durlbhbhai Mulani and Sanjay Raghubhai Desai.
Last AGM: 25 August 2025. Financial statements filed for year ended 31 March 2025. Office: P – 8 Gr Flr To 3Rd Flr Somakanjiini Wadi Patel Line Khatodara, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2025, the company reported a revenue of ₹234.05 Cr, a growth of 45% compared to the previous year.
The company has a workforce of approximately 490 employees as per the latest available data.
As per MCA filings, the company has open charges of ₹99.97 Cr and satisfied charges of ₹75.46 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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Registered AddressP – 8 Gr Flr To 3Rd Flr Somakanjiini Wadi Patel Line Khatodara, Surat, Gujarat, India – 395002
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IndustryInformation Technology, IT Products Retail & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of True Colors Limited
True Colors Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L17299GJ2021PLC126265, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17299GJ2021PLC126265 | Current |
| U17299GJ2021PLC126265 | Previous |
| U17299GJ2021PTC126265 | Previous |
Business Activity of True Colors Limited
True Colors Limited is engaged in the principal business activity of manufacturing, with detailed activities including plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details for True Colors Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of True Colors Limited
True Colors Limited currently reports 5 directors and 2 key managerial personnel. 4 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Satishkumar Jayantibhai Panchani
Also directs:
True Colors Limited, Fabcurate Private Limited
|
Ceo | 19 Feb 2025 | 1 Years 5 Months | Current |
|
Ashishkumar Durlbhbhai Mulani
Also directs:
True Colors Limited
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Director | 09 Oct 2021 | 4 Years 10 Months | Current |
| Sanjay Raghubhai Desai | Managing Director | 09 Oct 2021 | 4 Years 10 Months | Current |
|
Sagarkumar Bipinbhai Mulani
Also directs:
True Colors Limited, Inkia Inks Private Limited, Athrees Electronics Private Limited and 2 more
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Cfo | 19 Feb 2025 | 1 Years 5 Months | Current |
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Charmi Soni
Also directs:
True Colors Limited
|
Director | 11 Mar 2025 | 1 Years 5 Months | Current |
|
Bhavesh Vinodchandra Singapuri
Also directs:
True Colors Limited
|
Director | 11 Mar 2025 | 1 Years 5 Months | Current |
Financials of True Colors Limited FY 2025 filings available
True Colors Limited reported revenue of ₹234.05 Cr (up 45.00% YoY) for FY 2025.
Ten-year financial statements for True Colors Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Charges & Borrowings of True Colors Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Oct 2022 | Hdfc Bank Limited | ₹99.97 Cr | Open |
| 28 Oct 2024 | Hdfc Bank Limited | ₹20 Lakh | Satisfied |
| 22 Oct 2024 | Hdfc Bank Limited | ₹18.46 Lakh | Satisfied |
| 09 Oct 2024 | Hdfc Bank Limited | ₹37 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at True Colors Limited
View historical data on people associated with True Colors Limited, including employment history and EPFO contributions.
Employee and EPFO history for True Colors Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of True Colors Limited
GST registrations and filing compliance for True Colors Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for True Colors Limited
Credit ratings, litigation, and regulatory alerts for True Colors Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by True Colors Limited
MSME payment history for True Colors Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of True Colors Limited
Corporate group structure for True Colors Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of True Colors Limited
MCA filings and documents for True Colors Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on True Colors Limited
Frequently Asked Questions about True Colors Limited
True Colors Limited is an active public limited company in the information technology sector based in Surat, Gujarat, India. It was incorporated on 09 October 2021 (5+ years old) and is registered under CIN L17299GJ2021PLC126265. The company has 490 employees.
True Colors Limited reported revenue of ₹234.05 Cr for FY 2025 (up 45.00% YoY).
The current directors and KMP of True Colors Limited are:
- Satishkumar Jayantibhai Panchani - Ceo
- Ashishkumar Durlbhbhai Mulani - Director
- Sanjay Raghubhai Desai - Managing Director
- Sagarkumar Bipinbhai Mulani - Cfo
- Charmi Soni - Director
- Bhavesh Vinodchandra Singapuri - Director
- Nanty Nalinbhai Shah - Director
The primary industry of True Colors Limited is information technology. The company specifically operates in IT products retail and distribution. The company is currently active in this sector.
Yes, True Colors Limited is a listed company.
True Colors Limited can be reached at the registered office: P – 8 Gr Flr To 3Rd Flr Somakanjiini Wadi Patel Line Khatodara, Surat, Gujarat, India – 395002.