True North Fund VI LLP
About True North Fund VI LLP
Data last updated:
True North Fund VI LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 07 August 2017 and has been in existence for over 9 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAK-2395.
The LLP has a total obligation of contribution of ₹3,990.23 Cr. It is led by designated partners Suresh Narsappa Talwar and Laxminarayan Rangarajan.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Suite F9C Grand Hyatt Plaza Santacruz (East), Mumbai, Maharashtra, India – 400055.
As per the financials filed for FY 2022, the LLP reported a revenue of ₹317.73 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹212.77 Cr (net margin 67%) and EBITDA of ₹212.29 Cr (EBITDA margin 66.8%). Revenue has grown at a compounded annual rate (CAGR) of 805% over three years.
The LLP has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has satisfied charges of ₹175 Cr on record.
Company details
Contact details
True North Fund VI LLP's registered office is in Mumbai, Maharashtra.
- Registered AddressSuite F9C Grand Hyatt Plaza Santacruz (East), Mumbai, Maharashtra, India – 400055
- IndustryFinancial Services, Investment Banking & Advisory
- 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
Financials of True North Fund VI LLP
FY 2025 filings availableTrue North Fund VI LLP reported revenue of ₹317.73 Cr (up 2031% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 805% over three years. 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
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | |||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | ₹212.77 Cr | ||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 67% | ||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of True North Fund VI LLP, buy the company report.
Designated partners of True North Fund VI LLP
True North Fund VI has 2 current designated partners and 4 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Narsappa Talwar Also directs: True North Fund V LLP, True North Fund Trusteeship Private Limited, True North Trusteeship Private Limited and 1 more | Designated Partner | 05 Apr 2018 | 8 Years 6 Months | Current |
| Laxminarayan Rangarajan Also directs: True North Fund V LLP, True North Fund Trusteeship Private Limited, True North Trusteeship Private Limited and 2 more | Designated Partner | 15 May 2024 | 2 Years 5 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2018 | 100287801 | Catalyst Trusteeship Limited | ₹175 Cr | Satisfied |
To see the full charge records of True North Fund VI LLP, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving True North Fund VI LLP 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 North Fund VI LLP; 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 North Fund VI LLP; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
True North Fund VI LLP has 7 designated partner changes on record since 2018: 5 appointments and 2 cessations. The latest: Laxminarayan Rangarajan was appointed as Designated Partner on 15 May 2024.
News
Frequently asked questions
True North Fund VI is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in investment banking and advisory, within the financial services industry. It was incorporated on 07 August 2017 (9+ years old) and is registered under LLPIN AAK-2395.
True North Fund VI has 2 current designated partners:
- Suresh Narsappa Talwar - Designated Partner
- Laxminarayan Rangarajan - Designated Partner
The latest financial statements of True North Fund VI on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2018 are in the company report.
The LLPIN (Limited Liability Partnership Identification Number) of True North Fund VI is AAK-2395. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
True North Fund VI was incorporated on 07 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Laxminarayan Rangarajan was appointed as Designated Partner on 15 May 2024. Samir Sawhney was appointed as Partner on 02 Aug 2021. Suresh Kozhikote was appointed as Partner on 04 Dec 2019. True North Fund VI has 7 designated partner changes on record in total.
The registered office of True North Fund VI is at Suite F9C Grand Hyatt Plaza Santacruz East, Mumbai, Maharashtra, India – 400055.
True North Fund VI operates in the financial services industry, in the investment banking and advisory segment.
True North Fund VI has no open charges and satisfied charges of ₹175 Cr as per latest MCA filings.
True North Fund VI can be reached at its registered office: Suite F9C Grand Hyatt Plaza Santacruz East, Mumbai, Maharashtra, India – 400055.