True Credits Private Limited Company Logo

True Credits Private Limited - Company Profile

It is a financial services private limited company based in Gurgaon, Haryana, India, established in 2017.

2017 | Gurgaon, Haryana, India | Active
Last Updated:

About True Credits Private Limited

True Credits Private Limited, a active private limited company, was established on 05 September 2017 in Gurgaon, Haryana, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U65190HR2017PTC070653. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹21.60 Cr and a paid-up capital of ₹20.38 Cr.

It upholds a compliant status. Employing 91 professional, Its leadership includes Shunmugam Sundararaj (Director), Cheolwon Lee (Managing Director), Padmaja Makarand Parange (Director). Past directors included Vishal Bhatia, Sangwon Kim, Kyoo Sung Choi. It holds ₹2,262.90 Cr open charges and ₹2,310.80 Cr settled loans. Its latest AGM occurred on 27 August 2025, with the balance sheet filed on 31 March 2025. It is based at Huda City Centre Metro Station 5Th Floor, Sector - 29, Gurgaon, Haryana, 122001.

Company Details

  • CIN/LLPIN

    U65190HR2017PTC070653

  • Registration Number

    070653

  • Incorporation Date

    05 September 2017

  • Authorized Capital

    ₹21.60 Cr

  • Paid-Up Capital

    ₹20.38 Cr

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 21.60 Cr
  • Paid Up Capital ₹ 20.38 Cr
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 2,262.90 Cr
  • Satisfied Charges ₹ 2,310.80 Cr
  • Revenue Growth 80.73%
  • Profit Growth 129.98%
  • Ebitda 109.07%
  • Net Worth 44.01%
  • Total Assets 111.43%
Company report

True Credits Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into True Credits Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at True Credits Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Shunmugam SundararajDirector28 May 2021Current
Cheolwon LeeManaging Director05 Sep 2017Current
Padmaja Makarand ParangeDirector01 Sep 2024Current
Anand JethaliaDirector01 Aug 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director16 Jun 2021Past
Pramod AbcsddAdditional Director29 Apr 2021Past
Pramod AbcsddDirector14 Nov 2020Past
Pramod AbcsddAdditional Director28 Sep 2018Past
Pramod AbcsddChief Executive Officer-Past
Pramod AbcsddDirector15 Apr 2019Past

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Financial Performance of True Credits.

True Credits Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 80.73% increase. The company also saw a substantial improvement in profitability, with a 129.98% increase in profit. The company's net worth Soared by an impressive increase of 44.01%.

True Credits revenue growth over time
True Credits profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
80.73%
Revenue from Operations
80.01%
Total Assets
111.43%
Profit or Loss
129.98%
Net Worth
44.01%
EBITDA
109.07%

What is the Ownership and Shareholding Structure of True Credits?

In 2023, True Credits had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹22,629,000,000.00

Satisfied Charges

₹23,108,000,000.00

Charges Breakdown by Lending Institutions

  • Others : 2257.90 Cr
  • Axis Bank Limited : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
25 Sep 2025Others₹12.00 CrOpen
05 Sep 2025Others₹10.00 CrOpen
29 Aug 2025Others₹35.00 CrOpen
29 Aug 2025Others₹10.00 CrOpen
29 Aug 2025Others₹20.00 CrOpen

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How Many Employees Work at True Credits?

True Credits has a workforce of 91 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for True Credits Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of True Credits, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped True Credits's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on True Credits

Recent Activity within the Organization

  • Charges

    A charge with Others amounted to Rs. 12.00 Cr with Charge ID 101170858 was registered on 25 Sep 2025. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101160758 was registered on 05 Sep 2025. was completed.

  • Charges

    Progress on A charge registered on 18 Jun 2024 via Charge ID 100978164 with Others was fully satisfied on 02 Sep 2025. was documented.

  • Charges

    Progress on A charge registered on 26 Dec 2024 via Charge ID 101031918 with Others was fully satisfied on 01 Sep 2025. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 35.00 Cr with Charge ID 101165806 was registered on 29 Aug 2025. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101158200 was registered on 29 Aug 2025. was completed.

Frequently Asked Questions

  • What is the CIN of True Credits Private Limited?

    The CIN of True Credits Private Limited is U65190HR2017PTC070653.

  • Where is True Credits Private Limited headquartered?

    True Credits Private Limited is headquartered at Huda City Centre Metro Station 5Th Floor, Sector - 29, Gurgaon, Haryana, 122001.

  • When was True Credits Private Limited incorporated?

    True Credits Private Limited was incorporated on 05 September 2017.

  • Who are the current directors of True Credits Private Limited?

    The current directors of True Credits Private Limited are

  • What is the primary industry of True Credits Private Limited?

    The primary industry of True Credits Private Limited is Financial And Insurance Service.

  • Is True Credits Private Limited a listed company?

    True Credits Private Limited is unlisted.

  • What is the capital structure of True Credits Private Limited?

    The authorized capital of True Credits Private Limited is ₹21.60 Cr, and the paid-up capital is ₹20.38 Cr.

  • What is the compliance status of True Credits Private Limited?

    The compliance status of True Credits Private Limited is Compliant.

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