
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.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- 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
- One PDF report, delivered after checkout
Financials of True North Fund VI LLP FY 2025 filings available
True North Fund VI LLP reported revenue of ₹317.73 Cr (up 2031% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of True North Fund VI LLP
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 of True North Fund VI LLP
| 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 of True North Fund VI LLP
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of True North Fund VI are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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 of True North Fund VI LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Sep 2018 | Catalyst Trusteeship Limited | ₹175 Cr | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at True North Fund VI LLP
Employment history and EPFO contributions of people linked to True North Fund VI.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on True North Fund VI LLP
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.
Credit Ratings, Litigation & Regulatory Alerts for True North Fund VI LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by True North Fund VI LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of True North Fund VI LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of True North Fund VI LLP
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of True North Fund VI LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about True North Fund VI LLP
Frequently Asked Questions about True North Fund VI LLP
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 reported revenue of ₹317.73 Cr for FY 2022 (up 2031% YoY).
True North Fund VI has 2 current designated partners:
- Suresh Narsappa Talwar - Designated Partner
- Laxminarayan Rangarajan - Designated Partner
True North Fund VI reported a net profit of ₹212.77 Cr (net margin 67%) and EBITDA of ₹212.29 Cr (EBITDA margin 66.8%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of True North Fund VI is 805% over three years. CAGR is the steady yearly rate that links the first and the last year.
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.
The total obligation of contribution is ₹3,990.23 Cr.