True DG Private Limited
About True DG Private Limited
Data last updated:
True DG Private Limited is a private limited company based in Meerut, Uttar Pradesh, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 09 November 2023.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U77301UP2023PTC192362.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vishwas Mittal and Lata Mittal.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Meerut, Uttar Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹42.92 Lakh. For the same year it recorded a net profit of ₹3.39 Lakh (net margin 7.9%) and EBITDA of ₹6.83 Lakh (EBITDA margin 15.9%).
As per MCA filings, the company has open charges of ₹19.77 Cr on record.
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- Registered Address4 Purwa Jugal Kishore, Metro Plaza, Meerut, Uttar Pradesh, India – 250002
- IndustryFinancial Services, Equipment Leasing & Financing
- 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
Business Activity of True DG Private Limited
The main business activity of True DG is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of True DG Private Limited FY 2025 filings available
True DG Private Limited reported revenue of ₹42.92 Lakh for FY 2024.
Financial Statement Summary of True DG Private Limited
| Metrics | FY 2023-24 |
|---|---|
| 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 | ₹6.83 Lakh |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | ₹3.39 Lakh |
| 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 DG Private Limited
| Metrics | FY 2023-24 |
|---|---|
| Profitability | |
| EBITDA Margin | 15.9% |
| Net Profit Margin | 7.9% |
| 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 DG are in the company report.
Financial statements from FY 2024
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.
Peer Comparison of True DG Private Limited
True DG Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Machinery and Equipment Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sumukha Autocomponents Private Limited | ₹43.5 Lakh (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Aadi Infracon (India) Private Limited | ₹43.38 Lakh (FY 2025) | •••• | •••• | -48.0% | •••• | Barwaha, Madhya Pradesh, India |
| J P Projects Private Limited | ₹43.27 Lakh (FY 2024) | •••• | •••• | 6.0% | •••• | Kolkata, West Bengal, India |
| Shiv Shanti Enterprises Private Limited | ₹43.17 Lakh (FY 2024) | •••• | •••• | 14.0% | •••• | Ranchi, Jharkhand, India |
| Jugernaut Concrete Concepts Private Limited | ₹42.96 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Kolkata, West Bengal, India |
| True DG Private Limited this company | ₹42.92 Lakh (FY 2024) | •••• | •••• | •••• | Meerut, Uttar Pradesh, India | |
| Ratageo Rentals Private Limited | ₹42.85 Lakh (FY 2025) | •••• | •••• | 55.0% | •••• | Kochi, Kerala, India |
| Navayuga Infratech (India) Private Limited | ₹42.76 Lakh (FY 2024) | •••• | •••• | 534.0% | •••• | Hyderabad, Telangana, India |
| Godwin Finance & Leasing Private Limited | ₹42.63 Lakh (FY 2024) | •••• | •••• | 42.0% | •••• | New Delhi, Delhi, India |
| K.S & Co Engineers and Builders Private Limited | ₹42.58 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Coimbatore, Tamil Nadu, India |
| Viewport Business Solutions Private Limited | ₹42.56 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below True DG by revenue in the BFSI industry (Machinery and Equipment Leasing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of True DG Private Limited
True DG has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishwas Mittal | Director | 09 Nov 2023 | 2 Years 10 Months | Current |
| Lata Mittal | Director | 09 Nov 2023 | 2 Years 10 Months | Current |
Charges & Borrowings of True DG Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Dec 2025 | Others | ₹20.68 Lakh | Open |
| 12 Nov 2025 | Others | ₹15.77 Cr | Open |
| 24 Sep 2025 | Others | ₹44.59 Lakh | Open |
| 30 Aug 2025 | Others | ₹75.34 Lakh | Open |
| 28 Apr 2025 | Others | ₹63.72 Lakh | Open |
Total charge records: 11 View all charges
Employees and EPFO Compliance at True DG Private Limited
Employment history and EPFO contributions of people linked to True DG.
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 DG Private Limited
True DG Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Lata Mittal was appointed as Director on 09 Nov 2023.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for True DG Private Limited
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 DG Private Limited
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 DG Private Limited
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 DG Private Limited
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 DG Private Limited
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 DG Private Limited
True DG is an active private limited company based in Meerut, Uttar Pradesh, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 09 November 2023 (3+ years old) and is registered under CIN U77301UP2023PTC192362.
True DG reported revenue of ₹42.92 Lakh for FY 2024.
True DG has 2 current directors:
- Vishwas Mittal - Director
- Lata Mittal - Director
True DG reported a net profit of ₹3.39 Lakh (net margin 7.9%) and EBITDA of ₹6.83 Lakh (EBITDA margin 15.9%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of True DG is U77301UP2023PTC192362. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True DG was incorporated on 09 November 2023, making it 3+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of True DG by revenue are Sumukha Autocomponents Private Limited, Aadi Infracon (India) Private Limited, J P Projects Private Limited, Shiv Shanti Enterprises Private Limited, Jugernaut Concrete Concepts Private Limited and 5 more, all in the BFSI industry (Machinery and Equipment Leasing).
Lata Mittal was appointed as Director on 09 Nov 2023. Vishwas Mittal was appointed as Director on 09 Nov 2023.
The registered office of True DG is at 4 Purwa Jugal Kishore, Metro Plaza, Meerut, Uttar Pradesh, India – 250002.
True DG has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
True DG operates in the financial services industry, in the equipment leasing and financing segment.