True Value Petroleum Private Limited
About True Value Petroleum Private Limited
Data last updated: 18 December 2025
True Value Petroleum Private Limited is a private limited company based in Punjab, Punjab, India. It specialises in oil and gas marketing services, a part of the broader energy and power sector. Incorporated on 06 June 2003, the company has been in operation for over 23 years.
Registered with ROC Chandigarh under CIN U50500PB2003PTC026085.
Capital: an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramneek Handa and Parveen Handa.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Jalandhar Pathankot Road Village Sarmastpur Jalandhar, Punjab, Punjab, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹39.34 Cr, a growth of 45% compared to the previous year.
The company has a workforce of approximately 3 employees as per the latest available data.
As per MCA filings, the company has open charges of ₹35 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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Registered AddressJalandhar Pathankot Road Village Sarmastpur Jalandhar, Punjab, Punjab, India
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IndustryEnergy and Power, Oil & Gas Marketing Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of True Value Petroleum Private Limited
True Value Petroleum Private Limited is engaged in the principal business activity of trade, with detailed activities including retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details for True Value Petroleum Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of True Value Petroleum Private Limited
True Value Petroleum Private Limited is audited by KUNAL KAPOOR & CO for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KUNAL KAPOOR & CO | Locked | Locked | Locked |
Complete auditor history for True Value Petroleum Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of True Value Petroleum Private Limited
True Value Petroleum Private Limited is currently managed by 2 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramneek Handa | Managing Director | 24 Feb 2007 | 19 Years 5 Months | Current |
| Parveen Handa | Director | 06 Jun 2003 | 23 Years 2 Months | Current |
Financials of True Value Petroleum Private Limited FY 2025 filings available
True Value Petroleum Private Limited reported revenue of ₹39.34 Cr (up 45.00% YoY) for FY 2025.
Ten-year financial statements for True Value Petroleum Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of True Value Petroleum Private Limited
Shareholding and ownership data for True Value Petroleum Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of True Value Petroleum Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2016 | State Bank of India | ₹35 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at True Value Petroleum Private Limited
True Value Petroleum Private Limited has a workforce of 3 employees as of Mar 22, 2024.
Employee and EPFO history for True Value Petroleum Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of True Value Petroleum Private Limited
GST registrations and filing compliance for True Value Petroleum Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for True Value Petroleum Private Limited
Credit ratings, litigation, and regulatory alerts for True Value Petroleum Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by True Value Petroleum Private Limited
MSME payment history for True Value Petroleum Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of True Value Petroleum Private Limited
Corporate group structure for True Value Petroleum Private Limited
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- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of True Value Petroleum Private Limited
MCA filings and documents for True Value Petroleum Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on True Value Petroleum Private Limited
Frequently Asked Questions about True Value Petroleum Private Limited
True Value Petroleum Private Limited is an active private limited company in the energy and power sector based in Punjab, Punjab, India. It was incorporated on 06 June 2003 (23+ years old) and is registered under CIN U50500PB2003PTC026085. The company has 3 employees.
True Value Petroleum Private Limited reported revenue of ₹39.34 Cr for FY 2025 (up 45.00% YoY).
The current directors of True Value Petroleum Private Limited are:
- Ramneek Handa - Managing Director
- Parveen Handa - Director
The primary industry of True Value Petroleum Private Limited is energy and power. The company specifically operates in oil and gas marketing services. The company is currently active in this sector.
True Value Petroleum Private Limited can be reached at the registered office: Jalandhar Pathankot Road Village Sarmastpur Jalandhar, Punjab, Punjab, India.
The authorised capital is ₹1 Lakh, and the paid-up capital is ₹1 Lakh.