True Green Bio Energy Limited - Company Profile

It is a manufacturing public limited company based in Ahmedabad, Gujarat, India, established in 2003.
2003 Ahmedabad, Gujarat, India Active
Last Updated:
About True Green Bio Energy Limited

True Green Bio Energy Limited, a active public limited company, was established on 17 December 2003 in Ahmedabad, Gujarat, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: L17111GJ2003PLC043354. Registered under ROC Roc Ahmedabad. it is listed on BSE: 533407 and NSE: BE : CNOVAPETRO. It has an authorized capital of ₹45.00 Cr and a paid-up capital of ₹32.96 Cr.

Formerly known as Nova Polyyarn Limited. It upholds a compliant status. In 2023, it reported revenue of ₹0.79 M and a net worth of ₹87.91 Cr. Employing 22 professional, Its leadership includes Rajan Srivastava (Whole-Time Director), Jyotiprasad Devkinandan Chiripal (Director), Suresh Chatterjee (Director). Past directors included Shyamsunder Nandkishore Gupta, Ambalal Chhitabhai Patel, Pooran Singh Mathuria. It holds ₹351.07 Cr open charges and ₹66.32 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2024. It is based at Survey No. 396 (P), 395/4 (P), Moraiya Village, Sarkhej - Bavla Highway, Tal. Sanand,, Ahmedabad, Gujarat, 382210.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L17111GJ2003PLC043354

  • Registration Number

    043354

  • Incorporation Date

    17 December 2003

  • Authorized Capital

    ₹45.00 Cr

  • Paid-Up Capital

    ₹32.96 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (BSE: 533407, NSE: BE : CNOVAPETRO)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 45.00 Cr
  • Paid Up Capital ₹ 32.96 Cr
  • Company Age 22 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 351.07 Cr
  • Satisfied Charges ₹ 66.32 Cr
  • Revenue Growth **** -99.97%
  • Profit Growth **** -175.70%
  • Ebitda **** -102.13%
  • Net Worth -5.82%
  • Total Assets -41.74%
Company report

True Green Bio Energy Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into True Green Bio Energy 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 Green Bio Energy Limited?
Current Directors
Name Designation Appointment Date Status
Rajan Srivastava Whole-Time Director 15 Jan 2024 Current
Jyotiprasad Devkinandan Chiripal Director 17 Dec 2003 Current
Suresh Chatterjee Director 12 Aug 2025 Current
Chinar Rajkumar Jethwani Director 13 Aug 2016 Current
Chintan Kanaiyalal Patel Director 14 Sep 2020 Current
Pooja Smit Shah Director 14 Sep 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2008 Past
Pramod Abcsdd Director 30 Mar 2019 Past
Pramod Abcsdd Managing Director 26 Sep 2016 Past
Pramod Abcsdd Additional Director 25 Apr 2024 Past
Pramod Abcsdd Additional Director 26 Apr 2008 Past
Pramod Abcsdd Company Secretary - Past

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Financial Performance of True Green Bio Energy.

True Green Bio Energy Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.97% decrease. The company also saw a substantial fall in profitability, with a 175.7% decrease in profit. The company's net worth dipped by a decrease of 5.82%.

True Green Bio Energy revenue growth over time
True Green Bio Energy profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • 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
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-99.97%
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*******
*******
*******
Revenue from Operations
*******
-100.00%
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*******
*******
*******
Total Assets
*******
-41.74%
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*******
*******
*******
Profit or Loss
*******
-175.70%
*******
*******
*******
*******
Net Worth
*******
-5.82%
*******
*******
*******
*******
EBITDA
*******
-102.13%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of True Green Bio Energy?

In 2022, True Green Bio Energy had a promoter holding of 74.51% and a public holding of 25.49%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹3,510,714,000.00

Satisfied Charges

₹663,200,000.00

Charges Breakdown by Lending Institutions
  • Sbicap Trustee Company Limited : 351.00 Cr
  • Hdfc Bank Limited : 0.07 Cr
Latest Charge Details
Date Lender Amount Status
29 Aug 2024 Sbicap Trustee Company Limited ₹351.00 Cr Open
29 Nov 2021 Hdfc Bank Limited ₹0.71 M Open
12 Jan 2022 State Bank Of India ₹1.10 Cr Satisfied
13 Sep 2011 State Bank Of India ₹28.65 Cr Satisfied
03 Jun 2011 State Bank Of India ₹28.65 Cr Satisfied

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How Many Employees Work at True Green Bio Energy?

True Green Bio Energy has a workforce of 22 employees as of Apr 07, 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of True Green Bio Energy, 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 Green Bio Energy'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.

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Latest Updates, News, and FAQs on True Green Bio Energy
Recent Activity within the Organization
  • 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. was recorded as a recent event.

  • Annual General Meeting

    The activity True Green Bio Energy Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was completed.

  • Director Appointment

    Suresh Chatterjee was appointed as a Director was appointed as a Director on 12 Aug 2025 & has been associated with this company since 6 months 6 days . was recorded as a recent event.

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 351.00 Cr with Charge ID 100969276 was registered on 29 Aug 2024. was recorded as a recent event.

  • Director Appointment

    Progress on Jigar Harshadkumar Shah was appointed as a Company Secretary was appointed as a Company Secretary on 15 Jul 2024 & has been associated with this company since 1 year 7 months . was documented.

  • Balance Sheet

    The activity True Green Bio Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was completed.

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Frequently Asked Questions
What is the CIN of True Green Bio Energy Limited?

The CIN of True Green Bio Energy Limited is L17111GJ2003PLC043354.

Where is True Green Bio Energy Limited headquartered?

True Green Bio Energy Limited is headquartered at Survey No. 396 (P), 395/4 (P), Moraiya Village, Sarkhej - Bavla Highway, Tal. Sanand,, Ahmedabad, Gujarat, 382210.

When was True Green Bio Energy Limited incorporated?

True Green Bio Energy Limited was incorporated on 17 December 2003.

Who are the current directors of True Green Bio Energy Limited?

The current directors of True Green Bio Energy Limited are

What is the primary industry of True Green Bio Energy Limited?

The primary industry of True Green Bio Energy Limited is Manufacturing.

Is True Green Bio Energy Limited a listed company?

True Green Bio Energy Limited is listed. It is listed on BSE: 533407 and NSE: BE : CNOVAPETRO.

What is the capital structure of True Green Bio Energy Limited?

The authorized capital of True Green Bio Energy Limited is ₹45.00 Cr, and the paid-up capital is ₹32.96 Cr.

What is the compliance status of True Green Bio Energy Limited?

The compliance status of True Green Bio Energy Limited is Compliant.

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