- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-03-0000152

True Source India Private Limited
About True Source India Private Limited
Data last updated:
True Source India Private Limited is a private limited company based in Singanallur, Tamil Nadu, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 25 October 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U51909TZ2002PTC010349. Its GSTIN is 33AABCT7665E1ZC (Tamil Nadu).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ranee and Palaniappan Shanmugam.
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 No.6 Ground Floor George Town Nanjappa Nagar Extension Trichy Road, Singanallur, Tamil Nadu, India – 641005.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.07 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹19.16 Lakh (net margin 9.2%) and EBITDA of ₹37.83 Lakh (EBITDA margin 18.3%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 3% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.62 Cr and satisfied charges of ₹8.06 Cr on record.
True Source India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0000152). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of True Source India
Contact details
True Source India Private Limited's registered office is in Singanallur, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.6 Ground Floor George Town Nanjappa Nagar Extension Trichy Road, Singanallur, Tamil Nadu, India – 641005
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of True Source India Private Limited, buy the company report.
- 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
Business activity
The main business activity of True Source India is mining and quarrying. In detail, this covers mining of coal and lignite.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B1 | Mining of Coal and lignite |
To see the full business activity and turnover split of True Source India Private Limited, buy the company report.
Financials of True Source India Private Limited
FY 2025 filings availableTrue Source India Private Limited reported revenue of ₹2.07 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 11% growth in the latest year. EBITDA rose 83% 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 | ₹37.83 Lakh | ||||
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| Net Profit (PAT) | ₹19.16 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 18.3% | ||||
| Net Profit Margin | 9.2% | ||||
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To see the full financial statements and ratios of True Source India Private Limited, buy the company report.
Board of directors of True Source India Private Limited
True Source India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranee | Director | 25 Oct 2002 | 24 Years 0 Months | Current |
| Palaniappan Shanmugam | Director | 03 Aug 2017 | 9 Years 3 Months | Current |
Auditor
True Source India Private Limited is audited by ANJANA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANJANA & CO | FY 2019 | 006724S |
Shareholding
The shareholding of True Source India Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of True Source India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Aug 2020 | 100366895 | Hdfc Bank Limited | ₹4.62 Cr | Open | |
| 04 Apr 2014 | 10497181 | Capital First Limited | ₹33.5 Lakh | Satisfied | |
| 20 Dec 2012 | 10400510 | Capital First Limited | ₹1.1 Cr | Satisfied | |
| 19 Nov 2012 | 10397856 | Capital First Limited | ₹1.53 Cr | Satisfied | |
| 29 Nov 2011 | 10351525 | Indusind Bank Ltd. | ₹1.5 Cr | Satisfied |
To see the full charge records of True Source India Private Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
No court or tribunal cases involving True Source India 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 Source India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
True Source India Private Limited has a workforce of 3 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
True Source India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCT7665E1ZC | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of True Source India Private Limited, buy the company report.
Recent activity
True Source India Private Limited has 5 board changes on record since 2002: 2 appointments and 3 cessations. The latest: Jens Rainer Hesse ceased to be Director on 01 Jun 2019.
29 earlier events are in the company report.
Frequently asked questions
True Source India is an active private limited company based in Singanallur, Tamil Nadu, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 25 October 2002 (24+ years old) and is registered under CIN U51909TZ2002PTC010349.
True Source India has 2 current directors:
- Ranee - Director
- Palaniappan Shanmugam - Director
The latest financial statements of True Source India 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 Source India is 33AABCT7665E1ZC, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of True Source India is U51909TZ2002PTC010349. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Source India was incorporated on 25 October 2002, making it 24+ years old. It is registered with the Registrar of Companies, Coimbatore.
Jens Rainer Hesse ceased to be Director on 01 Jun 2019. Palaniappan Shanmugam ceased to be Additional Director on 25 Sep 2017. Pranav Shanmugham ceased to be Director on 25 Sep 2017. True Source India has 5 board changes on record in total.
Yes, True Source India is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-03-0000152).
The registered office of True Source India is at No.6 Ground Floor George Town Nanjappa Nagar Extension Trichy Road, Singanallur, Tamil Nadu, India – 641005.
True Source India operates in the metals and minerals industry, in the mining and mineral extraction segment.

