MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-PB-12-0026463
True Marine Logistics Services Private Limited
True Marine Logistics Services Private Limited - transportation in Ludhiana, Punjab, India. Directors, charges & compliance details.
Revenue · FY 2025
₹9.92 Cr
▼ 5% YoY
Net profit · FY 2025
₹3.52 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹12.91 Lakh
EBITDA margin 1.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹50 Lakh
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
About True Marine Logistics Services Private Limited
Data last updated:
True Marine Logistics Services Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the water transportation segment of the transportation sector. It was incorporated on 19 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U61200PB2021PTC053025.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Reeta Sharma and Vitesh Sharma.
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 120 Ff Vardhman Park Chandigarh Road, Ludhiana, Punjab, India – 141123.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.92 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹3.52 Lakh (net margin 0.4%) and EBITDA of ₹12.91 Lakh (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years.
As per MCA filings, the company has open charges of ₹50 Lakh on record.
True Marine Logistics Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0026463).
Company details
CIN U61200PB2021PTC053025
Registration Number 053025
Incorporation Date 19 March 2021
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-PB-12-0026463
Key People
Reeta Sharma Director Vitesh Sharma Director Recognitions & Rankings of True Marine Logistics Services
Contact details
True Marine Logistics Services Private Limited's registered office is in Ludhiana, Punjab.
- Registered Address120 Ff Vardhman Park Chandigarh Road, Ludhiana, Punjab, India – 141123
- IndustryTransportation, Water Transportation
Comprehensive company report
True Marine Logistics Services 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 Marine Logistics Services is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of True Marine Logistics Services Private Limited, buy the company report.
Financials of True Marine Logistics Services Private Limited
FY 2025 filings availableTrue Marine Logistics Services Private Limited reported revenue of ₹9.92 Cr (down 5% YoY) for FY 2025.
Revenue · FY 2025
₹9.92 Cr ▼ 5%
Net profit · FY 2025
₹3.52 Lakh margin 0.4%
EBITDA · FY 2025
₹12.91 Lakh margin 1.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 52%
EBITDA CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 116%
Revenue fell 5% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 52%. EBITDA fell 15% 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 | ₹12.91 Lakh | ||||
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| Net Profit (PAT) | ₹3.52 Lakh | ||||
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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 | 1.3% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of True Marine Logistics Services Private Limited, buy the company report.
Board of directors of True Marine Logistics Services Private Limited
True Marine Logistics Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Reeta Sharma | Director | 19 Mar 2021 | 5 Years 7 Months | Current |
| Vitesh Sharma | Director | 19 Mar 2021 | 5 Years 7 Months | Current |
Charges & borrowings
Open charges
₹50 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2023 | 100798426 | Idbi Bank Limited | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving True Marine Logistics Services 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 Marine Logistics Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for True Marine Logistics Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
True Marine Logistics Services Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Amarjit Singh ceased to be Director on 28 Jan 2023.
AGM
True Marine Logistics Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
True Marine Logistics Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Idbi Bank Limited amounted to Rs. 50.00 Lakh with Charge ID 100798426 was registered on 27 Sep 2023.
Ceased
Amarjit Singh ceased to be Director.
Appointed
Reeta Sharma was appointed as Director.
Appointed
Vitesh Sharma was appointed as Director.
Incorporation
19 Mar 2021
True Marine Logistics Services Private Limited was registered on 19 Mar 2021 with Roc Chandigarh & aged 5 years 7 months as per MCA records.
Frequently asked questions
True Marine Logistics Services is an active private limited company based in Ludhiana, Punjab, India. The company works in water transportation, within the transportation industry. It was incorporated on 19 March 2021 (5+ years old) and is registered under CIN U61200PB2021PTC053025.
True Marine Logistics Services has 2 current directors:
- Reeta Sharma - Director
- Vitesh Sharma - Director
The latest financial statements of True Marine Logistics Services 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 2021 are in the company report.
The CIN (Corporate Identification Number) of True Marine Logistics Services is U61200PB2021PTC053025. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Marine Logistics Services was incorporated on 19 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chandigarh.
Amarjit Singh ceased to be Director on 28 Jan 2023. Reeta Sharma was appointed as Director on 19 Mar 2021. Vitesh Sharma was appointed as Director on 19 Mar 2021.
Yes, True Marine Logistics Services is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-12-0026463).
The registered office of True Marine Logistics Services is at 120 Ff Vardhman Park Chandigarh Road, Ludhiana, Punjab, India – 141123.
True Marine Logistics Services operates in the transportation industry, in the water transportation segment.
True Marine Logistics Services has open charges of ₹50 Lakh and no satisfied charges on record as per latest MCA filings.
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