True North International Private Limited

True North International Private Limited - automotive in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U43299KA2023PTC172613 Incorporated 21 April 2023 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company automotive MSME · Micro
Revenue · FY 2024
₹2.2 Cr
Latest filing
Net profit · FY 2024
₹19.12 Lakh
Net margin 8.7%
EBITDA · FY 2024
₹27.31 Lakh
EBITDA margin 12.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.11 Lakh
Issued & subscribed
Open charges
₹3.45 Cr
Secured borrowings
Company age
3 yrs
Est. 2023
Directors on board
2
As per MCA filings

About True North International Private Limited

Data last updated:

True North International Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 21 April 2023.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U43299KA2023PTC172613. Its GSTIN is 29AAKCT0673M1ZP (Karnataka). The company holds 8 GST registrations, all of them active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.11 Lakh. It is led by directors Harsha Yadalam and Subhadra Badarinath.

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 Bangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.2 Cr. For the same year it recorded a net profit of ₹19.12 Lakh (net margin 8.7%) and EBITDA of ₹27.31 Lakh (EBITDA margin 12.4%).

The company is associated with 1 brand: TrueNorth International. As per MCA filings, the company has open charges of ₹3.45 Cr on record.

True North International Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0279517).

Company details

CIN U43299KA2023PTC172613
Registration Number 172613
Incorporation Date 21 April 2023
ROC Bangalore
Listing Status Unlisted
Company Status Active
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0279517
Key People
Harsha Yadalam Director Subhadra Badarinath Director

Recognitions & Rankings of True North International

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-KR-03-0279517

Contact details

True North International Private Limited's registered office is in Bangalore, Karnataka.

  • Registered Address
    No.7 Ground Floor, 12th Cross 1st Stage, Bangalore, Karnataka, India – 560038
  • Industry
    Automotive, Auto Dealership & Trading
Comprehensive company report
True North International 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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Secure checkout · GST invoice included

Brands

True North International operates one associated brand: TrueNorth International. Each brand links to its own profile.

BrandDescriptionWebsite
TrueNorth International
Delivers comprehensive supply chain and marketing services.truenorthint.com

Business activity

The main business activity of True North International is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of True North International Private Limited, buy the company report.

Financials of True North International Private Limited

FY 2025 filings available

True North International Private Limited reported revenue of ₹2.2 Cr for FY 2024.

Revenue · FY 2024
₹2.2 Cr
Net profit · FY 2024
₹19.12 Lakh margin 8.7%
EBITDA · FY 2024
₹27.31 Lakh margin 12.4%

Financial Statement Summary

MetricsFY 2023-24
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₹27.31 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹19.12 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

MetricsFY 2023-24
Profitability
EBITDA Margin12.4%
Net Profit Margin8.7%
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 North International Private Limited, buy the company report.

Board of directors of True North International Private Limited

True North International has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Harsha Yadalam
Also directs: Svivel Ventures Private Limited
Director21 Apr 20233 Years 6 MonthsCurrent
Subhadra Badarinath
Also directs: Svivel Ventures Private Limited, Nephora Tech LLP
Director21 Apr 20233 Years 6 MonthsCurrent
View all directors

Charges & borrowings

Open charges
₹3.45 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹3.45 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Jul 2025101131347Hdfc Bank Limited₹15 LakhOpen
18 Jun 2025101136307Hdfc Bank Limited₹30 LakhOpen
31 Jan 2025101052056Hdfc Bank Limited₹3 CrOpen

To see the full charge records of True North International Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for True North International Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

True North International has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.

Total GSTINs
8
Active
8
GSTINStateStatusRegistered on
29AAKCT0673M1ZPKarnatakaActive20 Jun 2023
27AAKCT0673M1ZTMaharashtraActive01 Jul 2023
06AAKCT0673M1ZXHaryanaActive05 Jul 2023
36AAKCT0673M1ZUTelanganaActive21 Jul 2023

To see the full GST registrations and return filing status of True North International Private Limited, buy the company report.

Recent activity

True North International Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Harsha Yadalam was appointed as Director on 21 Apr 2023.

Charges
A charge with Hdfc Bank Limited of Rs. 300.00 Lakh registered on 31 Jan 2025 with Charge ID 101052056 was modified on 03 Oct 2025.
AGM
True North International Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Lakh with Charge ID 101131347 was registered on 04 Jul 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.00 Lakh with Charge ID 101136307 was registered on 18 Jun 2025.
Filing
True North International Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 300.00 Lakh with Charge ID 101052056 was registered on 31 Jan 2025.
Appointed
Harsha Yadalam was appointed as Director.
Appointed
Subhadra Badarinath was appointed as Director.
Incorporation
21 Apr 2023
True North International Private Limited was registered on 21 Apr 2023 with Roc Bangalore & aged 3 years 6 months as per MCA records.

Frequently asked questions

True North International is an active private limited company based in Bangalore, Karnataka, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 21 April 2023 (3+ years old) and is registered under CIN U43299KA2023PTC172613.

True North International has 2 current directors:

The latest financial statements of True North International 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 2024 are in the company report.

The GSTIN of True North International is 29AAKCT0673M1ZP, registered in Karnataka. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 27AAKCT0673M1ZT (Maharashtra), 06AAKCT0673M1ZX (Haryana), 36AAKCT0673M1ZU (Telangana).

The CIN (Corporate Identification Number) of True North International is U43299KA2023PTC172613. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

True North International was incorporated on 21 April 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.

Harsha Yadalam was appointed as Director on 21 Apr 2023. Subhadra Badarinath was appointed as Director on 21 Apr 2023.

Yes, True North International is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0279517).

The registered office of True North International is at No.7 Ground Floor, 12th Cross 1st Stage, Bangalore, Karnataka, India – 560038.

True North International operates in the automotive industry, in the auto dealership and trading segment.