India's Richest People 2026 edition · 1 director · Source: Hurun India
- #974 Jyotiprasad Chiripal & family ₹2,900 Cr
Market Cap
₹584 Cr
TRUEGREEN · BSE
Share Price
₹174.75
-1.44% today
Revenue
₹284 Cr
FY 2025-26 · +1118.1% YoY
EBITDA
₹60.72 Cr
Margin 21.4%
Net Profit
₹31.32 Cr
FY 2025-26 · +1467.7% YoY
P/E (TTM)
8.4x
P/B 3.0x
ROE
22.8%
ROCE 13.9%
Debt / Equity
1.87
Interest cover 23.5x
About True Green Bio Energy Limited
Data last updated:
True Green Bio Energy Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 17 December 2003 and has been in existence for over 23 years.
Its director Jyotiprasad Chiripal and family are #974 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L17111GJ2003PLC043354. Its GSTIN is 24AADCN0932G1ZV (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 533407. Its shares were delisted from NSE on 13 Apr 2021 · voluntary delisting.
The company has an authorised share capital of ₹45 Cr and a paid-up capital of ₹32.96 Cr. It was formerly known as Nova Polyyarn Limited. It is led by directors including Pradeep Mantri (Whole-Time Director) and Jyotiprasad Devkinandan Chiripal.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Survey No. 396 (P) 395/4 (P) Moraiya Village Sarkhej – Bavla Highway Tal. Sanand, Ahmedabad, Gujarat, India – 382210.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹283.7 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹31.32 Cr (net margin 11%) and EBITDA of ₹60.72 Cr (EBITDA margin 21.4%). The net worth stands at ₹158.92 Cr (up 37.1% YoY). Total assets are valued at ₹499.34 Cr (up 72.5% YoY).
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Cil Nova Petrochemicals. As per MCA filings, the company has open charges of ₹351.07 Cr and satisfied charges of ₹66.32 Cr on record. Court records list 32 cases involving the company, including 4 filed by the company and 28 filed against it; 22 cases are pending. The company has 38 deals on record (37 market trades, 1 rights issue); the latest was in August 2024. Its 7 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 3 smaller; the largest is RKG Laminates Private Limited with revenue of ₹23.46 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cnpcl.com.
Company details
CIN L17111GJ2003PLC043354
Registration Number 043354
Incorporation Date 17 December 2003
ROC Ahmedabad
Listing Status Listed - Listed on BSE (533407); Delisted from NSE on 13 Apr 2021 · voluntary delisting
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
CIN history
True Green Bio Energy has one previous CIN (Corporate Identification Number): U17111GJ2003PLC043354. The current CIN is L17111GJ2003PLC043354, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17111GJ2003PLC043354 | Current |
| U17111GJ2003PLC043354 | Previous |
Key People
Pradeep Mantri Whole-Time Director Jyotiprasad Devkinandan Chiripal Director Pooja Smit Shah Director Recognitions & Rankings of True Green Bio Energy
Contact details
True Green Bio Energy Limited's registered office is in Ahmedabad, Gujarat. Its website is cnpcl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 396 (P) 395/4 (P) Moraiya Village Sarkhej – Bavla Highway Tal. Sanand, Ahmedabad, Gujarat, India – 382210
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of True Green Bio Energy Limited, buy the company report.
Comprehensive company report
True Green Bio Energy Limited - one report that includes everything
- 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
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Brands
True Green Bio Energy operates one associated brand: CIL NOVA PETROCHEMICALS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| POY, FDY, PTY, and DTY polyester yarns are produced. | cnpcl.com |
Business activity
The main business activity of True Green Bio Energy is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of True Green Bio Energy Limited, buy the company report.
Financials of True Green Bio Energy Limited
FY 2025-26 filings availableTrue Green Bio Energy Limited reported revenue of ₹283.7 Cr (up 1118.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue
₹284 Cr
+1118.1% YoY
EBITDA
₹60.72 Cr
+8900.0% YoY
Profit After Tax
₹31.32 Cr
+1467.7% YoY
Net Worth
₹159 Cr
+37.1% YoY
Total Assets
₹499 Cr
+72.5% YoY
Total Debt
₹340 Cr
+96.0% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 284 | 23.29 | 0.00 | 0.00 | 0.00 | 154 | 196 |
| Revenue growth | +1118.1% | - | - | - | -100.0% | -21.4% | - |
| EBITDA | 60.72 | (0.69) | (1.73) | (4.76) | (0.38) | 11.51 | 2.62 |
| EBITDA margin | +21.4% | -3.0% | - | - | - | +7.5% | +1.3% |
| Profit before tax | 41.99 | (2.18) | 0.66 | (5.93) | 7.83 | 6.46 | (3.05) |
| Net profit | 31.32 | (2.29) | (3.24) | (1.47) | (1.54) | 5.43 | (3.05) |
| Net profit margin | +11.0% | -9.8% | - | - | - | +3.5% | -1.6% |
| EPS (₹) | 9.58 | (0.73) | 0.30 | (2.19) | 2.89 | 1.97 | (1.12) |
| Balance sheet | |||||||
| Total assets | 499 | 290 | 106 | 88.14 | 131 | 116 | 111 |
| Net worth | 159 | 116 | 88.74 | 87.91 | 93.35 | 85.46 | 80.08 |
| Total debt | 340 | 174 | 17.58 | 0.22 | 26.76 | 19.60 | 19.56 |
| Cash & bank | 30.63 | 3.14 | 2.62 | 0.23 | 1.93 | 1.22 | 1.76 |
| Net working capital | 144 | 15.84 | 1.17 | 7.67 | 42.93 | 26.00 | 21.65 |
| Cash flow | |||||||
| Cash from operations | (46.82) | (31.14) | 2.63 | 24.36 | (3.22) | 5.52 | 7.63 |
| Cash from investing | (105) | (152) | (15.90) | 3.27 | (2.21) | (3.80) | (0.50) |
| Cash from financing | 168 | 185 | 13.71 | (27.51) | 5.45 | (1.74) | (7.17) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 235 | 228 | 190 | 84.20 | 2.20 | 7.02 | 3.08 | 1.84 |
| Revenue growth (YoY) | - | +3141.7% | +6077.9% | +4476.1% | -85.4% | +114.7% | - | - |
| Other income | 0.78 | 0.23 | (0.74) | 0.11 | 0.91 | 0.03 | (1.53) | 0.60 |
| Total expenses | 204 | 191 | 147 | 68.71 | 2.15 | 5.30 | 4.52 | 1.65 |
| EBITDA | 30.33 | 36.89 | 43.47 | 15.49 | 0.05 | 1.72 | (1.44) | 0.19 |
| EBITDA margin | +12.9% | +16.2% | +22.8% | +18.4% | +2.3% | +24.5% | -46.8% | +10.3% |
| Depreciation | 2.98 | 3.27 | (2.48) | 8.11 | 0.27 | 0.34 | 0.25 | 0.30 |
| Interest | 6.56 | 6.51 | 6.34 | 6.46 | 0.00 | 0.00 | (0.12) | 0.01 |
| Profit before tax | 21.57 | 27.34 | 38.87 | 1.03 | 0.69 | 1.41 | (3.10) | 0.48 |
| Tax | 3.55 | 5.50 | 10.20 | (1.15) | (0.17) | 1.79 | (0.78) | 0.42 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 09 Nov 2026
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 235 | 228 | 190 | 84.20 | 2.20 | 7.02 | 3.08 | 1.84 |
| Revenue growth (YoY) | - | +3141.7% | +6077.9% | +4476.1% | -85.4% | +114.7% | - | - |
| Other income | 0.78 | 0.23 | (0.74) | 0.11 | 0.91 | 0.03 | (1.53) | 0.60 |
| Total expenses | 204 | 191 | 147 | 68.71 | 2.15 | 5.30 | 4.52 | 1.65 |
| EBITDA | 30.33 | 36.89 | 43.47 | 15.49 | 0.05 | 1.72 | (1.44) | 0.19 |
| EBITDA margin | +12.9% | +16.2% | +22.8% | +18.4% | +2.3% | +24.5% | -46.8% | +10.3% |
| Depreciation | 2.98 | 3.27 | (2.48) | 8.11 | 0.27 | 0.34 | 0.25 | 0.30 |
| Interest | 6.56 | 6.51 | 6.34 | 6.46 | 0.00 | 0.00 | (0.12) | 0.01 |
| Profit before tax | 21.57 | 27.34 | 38.87 | 1.03 | 0.69 | 1.41 | (3.10) | 0.48 |
| Tax | 3.55 | 5.50 | 10.20 | (1.15) | (0.17) | 1.79 | (0.78) | 0.42 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 284 | 23.29 | 0.00 | 0.00 | 0.00 | 154 | 196 |
| Revenue growth | +1118.1% | - | - | - | -100.0% | -21.4% | - |
| Other income | 0.31 | 0.13 | 4.46 | 0.08 | 9.46 | 1.61 | 2.36 |
| Total expenses | 223 | 23.98 | 1.73 | 4.76 | 0.38 | 143 | 194 |
| Employee cost | 0.00 | 1.33 | 0.59 | 0.00 | 0.00 | 6.95 | 10.98 |
| EBITDA | 60.72 | (0.69) | (1.73) | (4.76) | (0.38) | 11.51 | 2.62 |
| EBITDA margin | +21.4% | -3.0% | - | - | - | +7.5% | +1.3% |
| Depreciation | 6.24 | 1.54 | 1.92 | 1.25 | 1.25 | 4.12 | 4.24 |
| Interest | 12.80 | 0.08 | 0.15 | 0.00 | 0.00 | 2.54 | 3.79 |
| Profit before tax | 41.99 | (2.18) | 0.66 | (5.93) | 7.83 | 6.46 | (3.05) |
| Tax | 10.67 | 0.00 | (0.16) | 0.00 | 0.00 | 1.12 | 0.00 |
| Net profit | 31.32 | (2.29) | (3.24) | (1.47) | (1.54) | 5.43 | (3.05) |
| Net profit margin | +11.0% | -9.8% | - | - | - | +3.5% | -1.6% |
| EPS (₹) | 9.58 | (0.73) | 0.30 | (2.19) | 2.89 | 1.97 | (1.12) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 32.96 | 29.92 | 27.10 | 27.10 | 27.10 | 27.10 | 27.10 |
| Reserves & surplus | 126 | 76.38 | 61.64 | 60.81 | 66.25 | 58.36 | 52.98 |
| Shareholders' funds (net worth) | 159 | 116 | 88.74 | 87.91 | 93.35 | 85.46 | 80.08 |
| Secured loans | 295 | 163 | 17.18 | 0.22 | 26.85 | 19.60 | 19.56 |
| Unsecured loans | 45.12 | 10.17 | 0.40 | 0.00 | (0.09) | 0.00 | 0.00 |
| Total debt | 340 | 174 | 17.58 | 0.22 | 26.76 | 19.60 | 19.56 |
| Total liabilities | 499 | 290 | 106 | 88.14 | 131 | 116 | 111 |
| Assets | |||||||
| Gross block | 351 | 65.44 | 73.50 | 65.60 | 110 | 107 | 103 |
| Net block | 340 | 56.65 | 61.36 | 58.33 | 82.62 | 83.77 | 83.73 |
| Capital work in progress | 5.63 | 208 | 25.46 | 0.04 | 3.68 | 3.68 | 3.68 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 39.16 | 2.93 | 1.28 | 2.08 | 33.27 | 31.02 | 20.90 |
| Sundry debtors | 73.66 | 2.50 | 2.37 | 6.23 | 28.25 | 36.84 | 36.09 |
| Cash & bank balances | 30.63 | 3.14 | 2.62 | 0.23 | 1.93 | 1.22 | 1.76 |
| Loans & advances | 53.95 | 30.00 | 0.41 | 1.71 | 4.00 | 5.79 | 3.17 |
| Total current assets | 197 | 38.57 | 6.68 | 10.25 | 67.45 | 74.87 | 61.92 |
| Total current liabilities | 53.82 | 22.73 | 5.51 | 2.58 | 24.52 | 48.87 | 40.27 |
| Net working capital | 144 | 15.84 | 1.17 | 7.67 | 42.93 | 26.00 | 21.65 |
| Total assets | 499 | 290 | 106 | 88.14 | 131 | 116 | 111 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2.80 | 0.59 | 0.15 | 0.03 | 0.01 | 0.04 | 0.07 |
| Net cash from operating activities | (46.82) | (31.14) | 2.63 | 24.36 | (3.22) | 5.52 | 7.63 |
| Net cash from investing activities | (105) | (152) | (15.90) | 3.27 | (2.21) | (3.80) | (0.50) |
| Net cash from financing activities | 168 | 185 | 13.71 | (27.51) | 5.45 | (1.74) | (7.17) |
| Net change in cash | 16.29 | 2.21 | 0.44 | 0.12 | 0.02 | (0.03) | (0.03) |
| Closing cash | 30.63 | 3.14 | 2.62 | 0.23 | 1.93 | 1.22 | 1.76 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +1118.1% | - | - | - | -100.0% | -21.4% | - |
| EBITDA growth | +8900.0% | +60.1% | +63.7% | -1152.6% | -103.3% | +339.3% | - |
| PBT growth | +9998.0% | - | +9998.0% | - | +21.2% | +9998.0% | -146.0% |
| Net income growth | +1467.7% | +29.3% | -120.4% | +4.6% | -128.4% | +278.0% | - |
| Revenue CAGR (3Y) | - | - | -100.0% | -100.0% | -100.0% | -14.1% | -4.0% |
| EBITDA CAGR (3Y) | - | +22.0% | - | - | - | +11.2% | -43.1% |
| Profitability & leverage | |||||||
| Net income margin | +11.0% | -9.4% | - | - | - | +3.5% | -1.6% |
| Return on capital employed | +13.9% | 0.0% | -3.3% | 0.0% | -1.2% | +9.7% | 0.0% |
| Return on net worth | +22.8% | 0.0% | -3.6% | 0.0% | -1.7% | +8.6% | 0.0% |
| Debt / equity | 1.87 | 0.93 | 0.10 | 0.15 | 0.26 | 0.31 | 0.54 |
| Long-term debt / equity | 1.38 | 0.74 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 |
| Interest cover | 23.49 | -3.59 | -4.11 | 0.00 | 0.00 | 34.37 | -233.95 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.36 | 0.34 | 0.00 | 0.00 | 0.00 | 1.83 | 3.35 |
| Inventory turnover | 13.48 | 11.06 | 0.00 | 0.00 | 0.00 | 5.94 | 8.20 |
| Debtors turnover | 7.45 | 9.56 | 0.00 | 0.00 | 0.00 | 4.23 | 5.15 |
| EPS (₹) | 9.51 | (0.73) | 0.30 | (2.19) | 2.89 | 1.97 | (1.12) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 48.22 | 35.53 | 32.75 | 32.44 | 34.45 | 31.53 | 14.39 |
To see the full year-wise statements and ratios of True Green Bio Energy Limited, buy the company report.
Board of directors of True Green Bio Energy Limited
True Green Bio Energy has 5 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyotiprasad Devkinandan Chiripal Also directs: Nandan Chiripal Energy Coporation LLP, Devkinandan Corporation LLP, Solidus Reality LLP and 5 more | Director | 17 Dec 2003 | 22 Years 10 Months | Current |
| Pooja Smit Shah | Director | 14 Sep 2020 | 6 Years 1 Months | Current |
| Chintan Kanaiyalal Patel Also directs: HBP Albums Private Limited | Director | 14 Sep 2020 | 6 Years 1 Months | Current |
| Pradeep Mantri | Whole-Time Director | 05 Feb 2026 | 0 Years 9 Months | Current |
| Suresh Chatterjee Also directs: Nandan Denim Limited | Director | 12 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
True Green Bio Energy Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| True Green Bio Energy Limitedthis company | ₹283.7 Cr (FY 2026) | ₹31.32 Cr | 11% | 1118.1% | 22 | Ahmedabad, Gujarat, India |
| RKG Laminates Private Limited | ₹23.46 Cr (FY 2024) | -8.0% | Delhi, India | |||
| Jai Sri Shanmugha Spinners Private Limited | ₹23.46 Cr (FY 2022) | 58.0% | Erode, Tamil Nadu, India | |||
| Shreyans Textiles Limited | ₹23.45 Cr (FY 2025) | 74.0% | Surat, Gujarat, India | |||
| KNW Apparels Private Limited | ₹23.43 Cr (FY 2024) | 5.0% | New Delhi, Delhi, India | |||
| Indtech Apparels Pvt Ltd | ₹23.38 Cr (FY 2024) | -17.0% | Ludhiana, Punjab, India | |||
| Lotus Knits Private Limited | ₹23.37 Cr (FY 2024) | -8.0% | Mumbai, Maharashtra, India | |||
| Travancore Fibres Private Limited | ₹23.35 Cr (FY 2025) | 6.0% | Thane, Maharashtra, India |
To see the full peer comparison of True Green Bio Energy Limited, buy the company report.
Auditor
True Green Bio Energy Limited is audited by J. T. Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J. T. Shah & Co. | FY 2023 | 109616W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 61.30%, foreign institutional investors hold 25.20%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 13.50%.
Sep 2026
QUARTER
61.30% Promoters
25.20% FII (Foreign Institutional)
13.50% Retail & Others
Promoter holding - history
Now 61.30% · Sep 2026High 61.30% · Dec 2025Low 61.30% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 61.30% | 61.30% | 61.30% | 61.30% |
| Public | 38.70% | 38.70% | 38.70% | 38.70% |
Charges & borrowings
Open charges
₹351.07 Cr
Satisfied charges
₹66.32 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2024 | 100969276 | Sbicap Trustee Company Limited | ₹351 Cr | Open | |
| 29 Nov 2021 | 100508817 | Hdfc Bank Limited | ₹7.14 Lakh | Open | |
| 12 Jan 2022 | 100568360 | State Bank of India | ₹1.1 Cr | Satisfied | |
| 13 Sep 2011 | 10309081 | State Bank of India | ₹28.65 Cr | Satisfied | |
| 03 Jun 2011 | 10293057 | State Bank of India | ₹28.65 Cr | Satisfied |
To see the full charge records of True Green Bio Energy Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
True Green Bio Energy Limited has 38 deals on record (37 market trades, 1 rights issue); the latest was in August 2024.
Total deals
38
Market trades
37
Rights issue
1
Deals on record (5 of 38)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2020 | Market trade | ₹42.9 Lakh | Buyer: Lotus Global Investments Seller: Rameswar Retailers LLP |
| May 2018 | Market trade | ₹2.1 Cr | Buyer: Chiripal Exim LLP Seller: Tripoli Management Pvt Ltd |
| Mar 2018 | Market trade | ₹2.59 Cr | Buyer: Devkinandan Corporation LLP Seller: Tripoli Management Pvt Ltd |
| Mar 2018 | Market trade | ₹2.47 Cr | Buyer: Devkinandan Corporation LLP Seller: Tripoli Management Pvt Ltd |
| Aug 2017 | Market trade | ₹56 Lakh | Buyer: an individual Seller: Kautilya Traders Pvt.Ltd. |
To see the full deal history of True Green Bio Energy Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
True Green Bio Energy Limited has 32 court cases on record: 4 filed by True Green Bio Energy, 28 filed against it. 22 cases are pending and 10 are disposed.
Total cases
32
Filed by the company
4
Filed against the company
28
Pending
22
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 27 | 22 |
| High courts | 3 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Fairdeal Process Automation Pvt Ltd and 2 others | Disposed |
| District court, Ahmedabad, Gujarat | Court case (PWAPP-LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (PWAPP-LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (PWAPP-LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (PWAPP-LC) | Filed against the company by an individual | Pending |
To see the full case history of True Green Bio Energy Limited, buy the company report.
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.
Credit ratings & regulatory alerts
True Green Bio Energy Limited was last rated by Icra on 28 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 28 Oct 2021 |
To see the full credit ratings and regulatory alerts of True Green Bio Energy Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for True Green Bio Energy Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
True Green Bio Energy Limited has a workforce of 22 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
22
Active EPFO establishments
1
Employee growth
-84.17%
GST
True Green Bio Energy has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCN0932G1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of True Green Bio Energy Limited, buy the company report.
Recent activity
True Green Bio Energy Limited has 36 board changes on record since 2003: 20 appointments and 16 cessations. The latest: Pradeep Mantri was appointed as Whole-Time Director on 05 Feb 2026.
Filing
True Green Bio Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Appointed
Pradeep Mantri was appointed as Whole-Time Director.
Ceased
Rajan Srivastava ceased to be Whole-Time Director.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 351.00 Cr registered on 29 Aug 2024 with Charge ID 100969276 was modified on 29 Oct 2025.
AGM
True Green Bio Energy Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Ceased
Jigar Harshadkumar Shah ceased to be Company Secretary.
Appointed
Suresh Chatterjee was appointed as Director.
Ceased
Murlimanohar Raghunandan Goyal ceased to be Director.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 351.00 Cr with Charge ID 100969276 was registered on 29 Aug 2024.
Appointed
Jigar Harshadkumar Shah was appointed as Company Secretary.
Charges
A charge registered on 12 Jan 2022 via Charge ID 100568360 with State Bank Of India was fully satisfied on 22 Feb 2024.
Charges
A charge registered on 13 Sep 2011 via Charge ID 10309081 with State Bank Of India was fully satisfied on 22 Feb 2024.
40 earlier events are in the company report.
News
Frequently asked questions
True Green Bio Energy is an active public limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 17 December 2003 (23+ years old) and is registered under CIN L17111GJ2003PLC043354. Listed on BSE: 533407.
True Green Bio Energy reported revenue of ₹283.7 Cr for FY 2025-26 (up 1118.1% YoY) based on standalone financials.
True Green Bio Energy has 5 current directors:
- Pradeep Mantri - Whole-Time Director
- Jyotiprasad Devkinandan Chiripal - Director
- Pooja Smit Shah - Director
- Chintan Kanaiyalal Patel - Director
- Suresh Chatterjee - Director
The latest financial statements of True Green Bio Energy on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of True Green Bio Energy is 24AADCN0932G1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of True Green Bio Energy is L17111GJ2003PLC043354. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. True Green Bio Energy is a listed company as per MCA records. Its shares are listed on BSE (code: 533407). Its shares were delisted from NSE on 13 Apr 2021 · voluntary delisting.
True Green Bio Energy has 32 court cases on record: 4 filed by the company and 28 filed against it. 22 are pending. Most are in the district courts.
True Green Bio Energy was incorporated on 17 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
True Green Bio Energy has 38 deals on record (37 market trades, 1 rights issue); the latest was in August 2024.
The peers of True Green Bio Energy by revenue are RKG Laminates Private Limited, Jai Sri Shanmugha Spinners Private Limited, Shreyans Textiles Limited, KNW Apparels Private Limited, Indtech Apparels Pvt Ltd and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
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