MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-27-0074402
True Ispat India Private Limited
True Ispat India Private Limited - metals and minerals in Raigad, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹58.56 Cr
▲ 22% YoY
Net profit · FY 2025
₹15.65 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹28.54 Lakh
EBITDA margin 0.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹1.96 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
About True Ispat India Private Limited
Data last updated:
True Ispat India Private Limited is a private limited company based in Raigad, Maharashtra, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 11 April 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27100MH2022PTC380315. Its GSTIN is 27AAJCT3023A1ZT (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Deepika Sanjay Bansal and Sharda Suresh Bansal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 5021 Bima Complex 5th Floor Kalamboli Navi Mumbai, Raigad, Maharashtra, India – 410218.
As per the financials filed for FY 2025, the company reported a revenue of ₹58.56 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹15.65 Lakh (net margin 0.3%) and EBITDA of ₹28.54 Lakh (EBITDA margin 0.5%).
As per MCA filings, the company has open charges of ₹1.96 Cr on record.
True Ispat India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-27-0074402). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U27100MH2022PTC380315
Registration Number 380315
Incorporation Date 11 April 2022
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-27-0074402
Recognitions & Rankings of True Ispat India
Contact details
True Ispat India Private Limited's registered office is in Raigad, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 5021 Bima Complex 5th Floor Kalamboli Navi Mumbai, Raigad, Maharashtra, India – 410218
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of True Ispat India Private Limited, buy the company report.
Comprehensive company report
True Ispat India Private 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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Business activity
The main business activity of True Ispat India is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of True Ispat India Private Limited, buy the company report.
Financials of True Ispat India Private Limited
FY 2025 filings availableTrue Ispat India Private Limited reported revenue of ₹58.56 Cr (up 22% YoY) for FY 2025.
Revenue · FY 2025
₹58.56 Cr ▲ 22%
Net profit · FY 2025
₹15.65 Lakh margin 0.3%
EBITDA · FY 2025
₹28.54 Lakh margin 0.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 22%
EBITDA CAGR growth
1 year
▲ 278%
Revenue rose 22% in the latest year. EBITDA rose 278% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹28.54 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹15.65 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.5% | ||
| Net Profit Margin | 0.3% | ||
| 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 | |||
To see the full financial statements and ratios of True Ispat India Private Limited, buy the company report.
Board of directors of True Ispat India Private Limited
True Ispat India has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepika Sanjay Bansal Also directs: True Ispat LLP | Director | 11 Apr 2022 | 4 Years 7 Months | Current |
| Sharda Suresh Bansal | Director | 11 Apr 2022 | 4 Years 7 Months | Current |
Auditor
True Ispat India Private Limited is audited by RAJESH MISHRA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH MISHRA & CO. | FY 2023 | 145949 |
Shareholding
The shareholding of True Ispat India Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of True Ispat India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.96 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2025 | 101194418 | Hdfc Bank Limited | ₹11 Lakh | Open | |
| 31 Oct 2022 | 100627808 | Others | ₹1.85 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving True Ispat India 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 Ispat India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
True Ispat India Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
Active EPFO establishments
1
GST
True Ispat India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCT3023A1ZT | Maharashtra | Active | 06 May 2022 |
To see the full GST registrations and return filing status of True Ispat India Private Limited, buy the company report.
Recent activity
True Ispat India Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Deepika Sanjay Bansal was appointed as Director on 11 Apr 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 11.00 Lakh with Charge ID 101194418 was registered on 28 Nov 2025.
AGM
True Ispat India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
True Ispat India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with Others amounted to Rs. 185.00 Lakh with Charge ID 100627808 was registered on 31 Oct 2022.
Appointed
Deepika Sanjay Bansal was appointed as Director.
Appointed
Sharda Suresh Bansal was appointed as Director.
Incorporation
11 Apr 2022
True Ispat India Private Limited was registered on 11 Apr 2022 with Roc Mumbai Ii & aged 4 years 7 months as per MCA records.
Frequently asked questions
True Ispat India is an active private limited company based in Raigad, Maharashtra, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 11 April 2022 (4+ years old) and is registered under CIN U27100MH2022PTC380315.
True Ispat India has 2 current directors:
- Deepika Sanjay Bansal - Director
- Sharda Suresh Bansal - Director
The latest financial statements of True Ispat India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of True Ispat India is 27AAJCT3023A1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of True Ispat India is U27100MH2022PTC380315. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Ispat India was incorporated on 11 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
Deepika Sanjay Bansal was appointed as Director on 11 Apr 2022. Sharda Suresh Bansal was appointed as Director on 11 Apr 2022.
Yes, True Ispat India is registered as an MSME under Udyam registration (number: UDYAM-MH-27-0074402).
The registered office of True Ispat India is at A – 5021 Bima Complex 5th Floor Kalamboli Navi Mumbai, Raigad, Maharashtra, India – 410218.
True Ispat India operates in the metals and minerals industry, in the metal manufacturing and processing segment.
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