True Green Bio Energy Limited Company Logo

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), Chinar Rajkumar Jethwani (Director). Past directors included Shyamsunder Nandkishore Gupta, Ambalal Chhitabhai Patel, Pooran Singh Mathuria. It holds ₹250.07 Cr open charges and ₹66.32 Cr settled loans. Its latest AGM occurred on 30 September 2024, 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

  • 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 Indicators

  • Authorised Capital ₹ 45.00 Cr
  • Paid Up Capital ₹ 32.96 Cr
  • Company Age 21 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 250.07 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

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

NameDesignationAppointment DateStatus
Rajan SrivastavaWhole-Time Director15 Jan 2024Current
Jyotiprasad Devkinandan ChiripalDirector17 Dec 2003Current
Chinar Rajkumar JethwaniDirector13 Aug 2016Current
Chintan Kanaiyalal PatelDirector14 Sep 2020Current
Pooja Smit ShahDirector14 Sep 2020Current
Suresh ChatterjeeAdditional Director12 Aug 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Sep 2008Past
Pramod AbcsddDirector30 Mar 2019Past
Pramod AbcsddManaging Director26 Sep 2016Past
Pramod AbcsddAdditional Director25 Apr 2024Past
Pramod AbcsddAdditional Director26 Apr 2008Past
Pramod AbcsddCompany 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
  • 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
-99.97%
Revenue from Operations
-100.00%
Total Assets
-41.74%
Profit or Loss
-175.70%
Net Worth
-5.82%
EBITDA
-102.13%

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.

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Charges (Loans)

Open Charges

₹2,500,714,000.00

Satisfied Charges

₹663,200,000.00

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 250.00 Cr
  • Hdfc Bank Limited : 0.07 Cr

Latest Charge Details

DateLenderAmountStatus
29 Aug 2024Sbicap Trustee Company Limited₹250.00 CrOpen
29 Nov 2021Hdfc Bank Limited₹0.71 MOpen
12 Jan 2022State Bank Of India₹1.10 CrSatisfied
13 Sep 2011State Bank Of India₹28.65 CrSatisfied
03 Jun 2011State Bank Of India₹28.65 CrSatisfied

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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 growth trends for True Green Bio Energy Limited

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.

Latest Updates, News, and FAQs on True Green Bio Energy

Recent Activity within the Organization

  • Director Appointment

    The activity Siddhi Jayendra Shah was appointed as a Company Secretary was appointed as a Company Secretary on 16 Oct 2025 & has been associated with this company since 1 month 12 days . was completed.

  • Director Appointment

    The activity Suresh Chatterjee was appointed as a Additional Director was appointed as a Additional Director on 12 Aug 2025 & has been associated with this company since 3 months 18 days . was completed.

  • Annual General Meeting

    The activity True Green Bio Energy Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Charges

    The activity A charge with Sbicap Trustee Company Limited amounted to Rs. 250.00 Cr with Charge ID 100969276 was registered on 29 Aug 2024. was completed.

  • Charges

    The activity A charge with Sbicap Trustee Company Limited of Rs. 250.00 Cr registered on 29 Aug 2024 with Charge ID 100969276 was modified on 29 Aug 2024. was completed.

  • Balance Sheet

    Progress on True Green Bio Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was documented.

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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