True Developers Private Limited
About True Developers Private Limited
Data last updated:
True Developers Private Limited is a private limited company based in Gurugram, Haryana, India, a subsidiary of Plambee Ltd. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 10 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70109HR2006PTC086949. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹80 Cr and a paid-up capital of ₹79.71 Cr. It is led by directors Deepak and Rajender Kumar Yadav.
Its last annual general meeting (AGM) was held on 17 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gurugram, Haryana.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.14 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹4.72 Cr (net margin 76.9%) and EBITDA of ₹6.03 Cr (EBITDA margin 98.2%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 7% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
True Developers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U70109HR2006PTC086949, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70109HR2006PTC086949 | Current |
| U70109DL2006PTC150808 | Previous |
| U70109TN2006PTC065397 | Previous |
Contact details
True Developers Private Limited's registered office is in Gurugram, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressIreo Campus Archview Drive Ireo City Golf Course Extension Road Sector – 59 G, Urugram, Gurugram, Haryana, India – 122101
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of True Developers Private Limited, buy the company report.
- 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
Business activity
The main business activity of True Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
Financials of True Developers Private Limited
FY 2025 filings availableTrue Developers Private Limited reported revenue of ₹6.14 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 11% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 11% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹6.03 Cr | ||||
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| Net Profit (PAT) | ₹4.72 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 98.2% | ||||
| Net Profit Margin | 76.9% | ||||
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To see the full financial statements and ratios of True Developers Private Limited, buy the company report.
Board of directors of True Developers Private Limited
True Developers has 2 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Also directs: Scan Buildhome Private Limited, Eager Buildwell Private Limited, Initiative Builders Private Limited and 2 more | Director | 14 Oct 2024 | 2 Years 0 Months | Current |
| Rajender Kumar Yadav Also directs: Glazy Realty Private Limited, Ireo Victory Valley Private Limited, Accent Builders Private Limited and 5 more | Director | 04 Jun 2021 | 5 Years 5 Months | Current |
Peer comparison
True Developers Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mishika Homes Private Limited | ₹6.14 Cr (FY 2025) | 616.0% | Chennai, Tamil Nadu, India | |||
| True Developers Private Limitedthis company | ₹6.14 Cr (FY 2025) | ₹4.72 Cr | 76.9% | 11.0% | Gurugram, Haryana, India | |
| Tirumala Infrastructure and Development Private Limited | ₹6.14 Cr (FY 2025) | -35.0% | Kolkata, West Bengal, India | |||
| Gma Constructions Private Limited | ₹6.14 Cr (FY 2025) | -2.0% | Delhi, India | |||
| Lagoo Builders and Consultants Private Limited | ₹6.13 Cr (FY 2025) | -43.0% | Sangli, Maharashtra, India |
To see the full peer comparison of True Developers Private Limited, buy the company report.
Auditor
True Developers Private Limited is audited by JAIN JINDAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN JINDAL & CO. | FY 2023 | 025817N |
Shareholding
The shareholding of True Developers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of True Developers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving True Developers 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 True Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
True Developers has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of True Developers Private Limited, buy the company report.
Recent activity
True Developers Private Limited has 19 board changes on record since 2006: 2 appointments and 17 cessations. The latest: Deepak ceased to be Additional Director on 16 Jul 2025.
10 earlier events are in the company report.
Frequently asked questions
True Developers is an active private limited company based in Gurugram, Haryana, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 10 July 2006 (20+ years old) and is registered under CIN U70109HR2006PTC086949.
True Developers has 2 current directors:
- Deepak - Director
- Rajender Kumar Yadav - Director
The latest financial statements of True Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 July 2025. Year-wise statements from 2015 are in the company report.
No. True Developers has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of True Developers is U70109HR2006PTC086949. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Developers was incorporated on 10 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of True Developers by revenue are Mishika Homes Private Limited, Tirumala Infrastructure and Development Private Limited, Gma Constructions Private Limited, Lagoo Builders and Consultants Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Deepak ceased to be Additional Director on 16 Jul 2025. Deepak was appointed as Director on 14 Oct 2024. Rajender Kumar Yadav ceased to be Additional Director on 29 Nov 2021. True Developers has 19 board changes on record in total.
The registered office of True Developers is at Ireo Campus Archview Drive Ireo City Golf Course Extension Road Sector – 59 G, Urugram, Gurugram, Haryana, India – 122101.
True Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of True Developers is compliant as of 08 July 2026. The company is actively filing with the Registrar of Companies.
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