MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0056194
True Logistics Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.9 Cr
▼ 12% YoY
Net loss · FY 2025
₹1.75 Cr
Net margin -60.5%
EBITDA · FY 2025
-₹1.75 Cr
EBITDA margin -60.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹2.4 Cr
Satisfied ₹4.69 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
6
Provident fund records
About True Logistics Private Limited
Data last updated:
True Logistics Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the carriers services segment of the transport and logistics sector. It was incorporated on 07 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U60200KA2012PTC066613. Its GSTIN is 29AAECT4367L1ZQ (Karnataka). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Prateek Raju Pathapati (Managing Director) and Pathapati Umapathiraju.
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 Sy. No. 118 Gayatri Lakefront Ring Road Hebbal, Bangalore, Karnataka, India – 560024.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.9 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹1.75 Cr (net margin -60.5%) and EBITDA of -₹1.75 Cr (EBITDA margin -60.3%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 6% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.4 Cr and satisfied charges of ₹4.69 Cr on record. Court records list 28 cases involving the company, including 17 filed by the company and 11 filed against it; 5 cases are pending.
True Logistics Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0056194). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website truelogistics.in.
Company details
CIN U60200KA2012PTC066613
Registration Number 066613
Incorporation Date 07 November 2012
ROC Bangalore
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 Micro
Udyam Registration UDYAM-KR-03-0056194
Recognitions & Rankings of True Logistics
Contact details
True Logistics Private Limited's registered office is in Bangalore, Karnataka. Its website is truelogistics.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressSy. No. 118 Gayatri Lakefront Ring Road Hebbal, Bangalore, Karnataka, India – 560024
- IndustryTransport and Logistics, Carriers Services
To see the full contact details of True Logistics Private Limited, buy the company report.
Comprehensive company report
True Logistics 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of True Logistics is transportation and storage. In detail, this covers land transport and transport via pipelines.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transportation and storage | 49 | Land transport and transport via pipelines |
To see the full business activity and turnover split of True Logistics Private Limited, buy the company report.
Financials of True Logistics Private Limited
FY 2025 filings availableTrue Logistics Private Limited reported revenue of ₹2.9 Cr (down 12% YoY) for FY 2025.
Revenue · FY 2025
₹2.9 Cr ▼ 12%
Net loss · FY 2025
₹1.75 Cr margin -60.5%
EBITDA · FY 2025
-₹1.75 Cr margin -60.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▼ 2%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▼ 474%
3 years · compounded
▼ 175%
5 years · compounded
▼ 58%
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 12% fall in the latest year. EBITDA fell 474% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹1.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.75 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -60.3% | ||||
| Net Profit Margin | -60.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of True Logistics Private Limited, buy the company report.
Board of directors of True Logistics Private Limited
True Logistics has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pathapati Umapathiraju Also directs: Eeva Homes LLP, Insight Technologies Private Limited ,, Doctor Pack India Private Limited and 3 more | Director | 07 Nov 2012 | 13 Years 11 Months | Current |
| Prateek Raju Pathapati | Managing Director | 18 Aug 2016 | 10 Years 2 Months | Current |
Peer comparison
True Logistics Private Limited is compared with the 5 companies closest to it by revenue in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport and transport via pipelines), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agilitas Logistics India Private Limited | ₹2.91 Cr (FY 2025) | -96.0% | Siliguri, West Bengal, India | |||
| Spanda Logistics Private Limited | ₹2.9 Cr (FY 2024) | Ballabgarh, Haryana, India | ||||
| True Logistics Private Limitedthis company | ₹2.9 Cr (FY 2025) | -₹1.75 Cr | -60.5% | -12.0% | 6 | Bangalore, Karnataka, India |
| Garga Carriers Private Limited | ₹2.89 Cr (FY 2025) | 25.0% | Delhi, India | |||
| TCTS Private Limited | ₹2.89 Cr (FY 2025) | -25.0% | Mumbai, Maharashtra, India | |||
| Sma Logistics Private Limited | ₹2.88 Cr (FY 2021) | 26.0% | Kolkata, West Bengal, India |
To see the full peer comparison of True Logistics Private Limited, buy the company report.
Auditor
True Logistics Private Limited is audited by RAO ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAO ASSOCIATES | FY 2021 | 003080S |
Shareholding
The shareholding of True Logistics Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of True Logistics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.4 Cr
Satisfied charges
₹4.69 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2014 | 10497049 | Vijaya Bank | ₹1.54 Cr | Satisfied | |
| 20 Sep 2013 | 10487461 | Vijaya Bank | ₹75 Lakh | Satisfied | |
| 08 Feb 2013 | 10408193 | Others | ₹2.4 Cr | Satisfied |
To see the full charge records of True Logistics Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
True Logistics Private Limited has 28 court cases on record: 17 filed by True Logistics, 11 filed against it. 5 cases are pending and 23 are disposed.
Total cases
28
Filed by the company
17
Filed against the company
11
Pending
5
Disposed
23
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 9 | 5 |
| High courts | 4 | 2 | 0 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Regent Lighting Asia Pvt Ltd and 3 others | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Pavilions and Interiors (India) Private Limited and 3 others | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Colours Logistics Private Limited and 4 others | Disposed |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed against the company by an individual | Pending |
To see the full case history of True Logistics Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for True Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
True Logistics Private Limited has a workforce of 6 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
6
Active EPFO establishments
1
GST
True Logistics has 6 GST registrations: 2 active and 4 cancelled or inactive.
Total GSTINs
6
Active
2
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECT4367L1ZQ | Karnataka | Active | 01 Jul 2017 |
| 33AAECT4367L1Z1 | Tamil Nadu | Active | 24 Jul 2017 |
To see the full GST registrations and return filing status of True Logistics Private Limited, buy the company report.
Recent activity
True Logistics Private Limited has 7 board changes on record since 2012: 2 appointments and 5 cessations. The latest: Madhava Raju Pathapati ceased to be Additional Director on 30 Sep 2016.
AGM
True Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 08 Feb 2013 via Charge ID 10408193 with Others was fully satisfied on 09 Apr 2025.
Filing
True Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others of Rs. 2.40 Cr registered on 08 Feb 2013 with Charge ID 10408193 was modified on 26 Feb 2021.
Charges
A charge registered on 19 Mar 2014 via Charge ID 10497049 with Vijaya Bank was fully satisfied on 02 Feb 2018.
Charges
A charge registered on 20 Sep 2013 via Charge ID 10487461 with Vijaya Bank was fully satisfied on 02 Feb 2018.
Ceased
Madhava Raju Pathapati ceased to be Additional Director.
Ceased
Prateek Raju Pathapati ceased to be Additional Director.
Ceased
Jatinkumar Vasudevbhai Pandya ceased to be Director.
Ceased
Kaju Raju Jayarama ceased to be Director.
Appointed
Prateek Raju Pathapati was appointed as Managing Director.
Ceased
Srinath Kuppuswamy ceased to be Director.
5 earlier events are in the company report.
Frequently asked questions
True Logistics is an active private limited company based in Bangalore, Karnataka, India. The company works in carriers services, within the transport and logistics industry. It was incorporated on 07 November 2012 (14+ years old) and is registered under CIN U60200KA2012PTC066613.
True Logistics has 2 current directors:
- Prateek Raju Pathapati - Managing Director
- Pathapati Umapathiraju - Director
The latest financial statements of True Logistics 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 2015 are in the company report.
The GSTIN of True Logistics is 29AAECT4367L1ZQ, registered in Karnataka. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 33AAECT4367L1Z1 (Tamil Nadu).
The CIN (Corporate Identification Number) of True Logistics is U60200KA2012PTC066613. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Logistics has 28 court cases on record: 17 filed by the company and 11 filed against it. 5 are pending. Most are in the district courts.
True Logistics was incorporated on 07 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of True Logistics by revenue are Agilitas Logistics India Private Limited, Spanda Logistics Private Limited, Garga Carriers Private Limited, TCTS Private Limited, Sma Logistics Private Limited, all in the Transport and Logistics industry (Road Carriers and Trucking), with the same principal business activity (land transport and transport via pipelines).
Madhava Raju Pathapati ceased to be Additional Director on 30 Sep 2016. Prateek Raju Pathapati ceased to be Additional Director on 30 Sep 2016. Jatinkumar Vasudevbhai Pandya ceased to be Director on 18 Aug 2016. True Logistics has 7 board changes on record in total.
Yes, True Logistics is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0056194).
True Logistics can be reached through the website truelogistics.in. Its registered office is in Bangalore, Karnataka, India.