MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0023675
True Tone Ink Private Limited - chemicals and materials in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹2.69 Cr
▼ 8% YoY
Net profit · FY 2023
₹5.1 Lakh
Net margin 1.9%
EBITDA · FY 2023
-₹6.61 Lakh
EBITDA margin -2.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹12.07 Lakh
Satisfied ₹4 Lakh
Company age
8 yrs
Est. 2018
Employees · EPFO
14
Provident fund records
About True Tone Ink Private Limited
Data last updated:
True Tone Ink Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 20 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U18209GJ2018PTC100895. Its GSTIN is 24AAGCT6250N1Z0 (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Arun Mohanlal Baid and Kamleshkumar Ambalal Patel.
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 68 Nidc Near Stovec Industry Lambha Gam Road – Narol, Ahmedabad, Gujarat, India – 382405.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.69 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹5.1 Lakh (net margin 1.9%) and EBITDA of -₹6.61 Lakh (EBITDA margin -2.5%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years.
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: ManticLabs and Truetone Ink. As per MCA filings, the company has open charges of ₹12.07 Lakh and satisfied charges of ₹4 Lakh on record.
True Tone Ink Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0023675). For more details, the company can be reached via its website truetoneink.com.
Company details
CIN U18209GJ2018PTC100895
Registration Number 100895
Incorporation Date 20 February 2018
ROC Ahmedabad
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-GJ-01-0023675
Key People
Arun Mohanlal Baid Director Kamleshkumar Ambalal Patel Director Kalpana Pravin Sethia Director Recognitions & Rankings of True Tone Ink
Contact details
True Tone Ink Private Limited's registered office is in Ahmedabad, Gujarat. Its website is truetoneink.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address68 Nidc Near Stovec Industry Lambha Gam Road – Narol, Ahmedabad, Gujarat, India – 382405
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
To see the full contact details of True Tone Ink Private Limited, buy the company report.
Comprehensive company report
True Tone Ink 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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Brands
True Tone Ink operates two associated brands: ManticLabs and Truetone Ink. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| ManticLabs provides web development services. | manticlabs.in | |
| Herbal dyes, yarns, and fabrics are provided by Truetone Ink, focusing on eco-friendly textile solutions through natural processes. | truetoneink.com |
Financials of True Tone Ink Private Limited
FY 2025 filings availableTrue Tone Ink Private Limited reported revenue of ₹2.69 Cr (down 8% YoY) for FY 2023.
Revenue · FY 2023
₹2.69 Cr ▼ 8%
Net profit · FY 2023
₹5.1 Lakh margin 1.9%
EBITDA · FY 2023
-₹6.61 Lakh margin -2.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 2%
Revenue fell 8% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 2%. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.69 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹6.61 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.1 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.5% | ||||
| Net Profit Margin | 1.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of True Tone Ink Private Limited, buy the company report.
Board of directors of True Tone Ink Private Limited
True Tone Ink has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Mohanlal Baid | Director | 16 Feb 2022 | 4 Years 8 Months | Current |
| Kamleshkumar Ambalal Patel | Director | 20 Feb 2018 | 8 Years 8 Months | Current |
| Kalpana Pravin Sethia | Director | 30 Nov 2021 | 4 Years 10 Months | Current |
Auditor
True Tone Ink Private Limited is audited by K.L. JAIN & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.L. JAIN & CO. | FY 2023 | 32744 |
Shareholding
The shareholding of True Tone Ink Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of True Tone Ink Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12.07 Lakh
Satisfied charges
₹4 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Dec 2021 | 100522700 | Hdfc Bank Limited | ₹12.07 Lakh | Open | |
| 29 Oct 2020 | 100389011 | Hdfc Bank Limited | ₹4 Lakh | Satisfied |
To see the full charge records of True Tone Ink Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving True Tone Ink 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 Tone Ink Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
True Tone Ink Private Limited has a workforce of 14 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
Employee growth
-12.5%
GST
True Tone Ink has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCT6250N1Z0 | Gujarat | Active | 18 Apr 2018 |
| 29AAGCT6250N1ZQ | Karnataka | Active | 29 Oct 2024 |
To see the full GST registrations and return filing status of True Tone Ink Private Limited, buy the company report.
Recent activity
True Tone Ink Private Limited has 7 board changes on record since 2018: 3 appointments and 4 cessations. The latest: Kamleshkumar Ambalal Patel ceased to be Director on 07 Aug 2025.
Charges
A charge registered on 29 Oct 2020 via Charge ID 100389011 with Hdfc Bank Limited was fully satisfied on 05 Nov 2025.
AGM
True Tone Ink Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Kamleshkumar Ambalal Patel ceased to be Director.
Filing
True Tone Ink Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Arun Mohanlal Baid ceased to be Additional Director.
Appointed
Arun Mohanlal Baid was appointed as Director.
Ceased
Naresh Kumar Chhajer ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.07 Lakh with Charge ID 100522700 was registered on 17 Dec 2021.
Appointed
Kalpana Pravin Sethia was appointed as Director.
Ceased
Shanti Lal Chhajer ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.00 Lakh with Charge ID 100389011 was registered on 29 Oct 2020.
Appointed
Kamleshkumar Ambalal Patel was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
True Tone Ink is an active private limited company based in Ahmedabad, Gujarat, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 20 February 2018 (8+ years old) and is registered under CIN U18209GJ2018PTC100895.
True Tone Ink has 3 current directors:
- Arun Mohanlal Baid - Director
- Kamleshkumar Ambalal Patel - Director
- Kalpana Pravin Sethia - Director
The latest financial statements of True Tone Ink 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 2018 are in the company report.
The GSTIN of True Tone Ink is 24AAGCT6250N1Z0, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAGCT6250N1ZQ (Karnataka).
The CIN (Corporate Identification Number) of True Tone Ink is U18209GJ2018PTC100895. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Tone Ink was incorporated on 20 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kamleshkumar Ambalal Patel ceased to be Director on 07 Aug 2025. Arun Mohanlal Baid ceased to be Additional Director on 30 Sep 2022. Arun Mohanlal Baid was appointed as Director on 16 Feb 2022. True Tone Ink has 7 board changes on record in total.
Yes, True Tone Ink is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0023675).
True Tone Ink can be reached through the website truetoneink.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of True Tone Ink is at 68 Nidc Near Stovec Industry Lambha Gam Road – Narol, Ahmedabad, Gujarat, India – 382405.