True Value Petroleum Private Limited - Company Profile

It is a energy and power private limited company based in Punjab, Punjab, India, established in 2003.
2003 Punjab, Punjab, India Active
Last Updated:
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About True Value Petroleum Private Limited

True Value Petroleum Private Limited, a active private limited company, was established on 06 June 2003 in Punjab, Punjab, India. Engaging in oil & gas marketing services within the trade sector, it holds CIN: U50500PB2003PTC026085. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Employing 3 professional, Its leadership includes Ramneek Handa (Managing Director), Parveen Handa (Director). Past directors included Hari Prashad Handa. It holds ₹3.50 M open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Jalandhar Pathankot Road,Village Sarmastpur Jalandhar, Punjab, Punjab.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U50500PB2003PTC026085

  • Registration Number

    026085

  • Incorporation Date

    06 June 2003

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 22 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 3.50 M
  • Revenue Growth **** -71.95%
  • Profit Growth **** -6.14%
  • Ebitda **** -126.55%
  • Net Worth 5.05%
  • Total Assets -23.80%
Company report

True Value Petroleum Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into True Value Petroleum Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at True Value Petroleum Private Limited?
Current Directors
Name Designation Appointment Date Status
Ramneek Handa Managing Director 24 Feb 2007 Current
Parveen Handa Director 06 Jun 2003 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 07 Sep 2024 Past

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Financial Performance of True Value Petroleum.

True Value Petroleum Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 71.95% decrease. The company also saw a slight decrease in profitability, with a 6.14% decrease in profit. The company's net worth moved up by a moderate rise of 5.05%.

True Value Petroleum revenue growth over time
True Value Petroleum profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -71.95%
*******
*******
*******
*******
Revenue from Operations
*******
 -72.16%
*******
*******
*******
*******
Total Assets
*******
 -23.80%
*******
*******
*******
*******
Profit or Loss
*******
 -6.14%
*******
*******
*******
*******
Net Worth
*******
 5.05%
*******
*******
*******
*******
EBITDA
*******
 -126.55%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of True Value Petroleum?

Unlock access to True Value Petroleum's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹3,500,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • State Bank Of India : 0.35 Cr
Latest Charge Details
Date Lender Amount Status
31 Mar 2016 State Bank Of India ₹3.50 M Open

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How Many Employees Work at True Value Petroleum?

True Value Petroleum has a workforce of 3 employees as of Mar 22, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

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Latest Updates, News, and FAQs on True Value Petroleum
Recent Activity within the Organization
  • Annual General Meeting

    True Value Petroleum Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity True Value Petroleum Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh. was completed.

  • Charges

    Progress on A charge with State Bank Of India amounted to Rs. 3.50 M with Charge ID 100021713 was registered on 31 Mar 2016. was documented.

  • Director Appointment

    Progress on Ramneek Handa was appointed as a Managing Director was appointed as a Managing Director on 24 Feb 2007 & has been associated with this company since 19 years 9 days . was documented.

  • Director Appointment

    The activity Parveen Handa was appointed as a Director was appointed as a Director on 06 Jun 2003 & has been associated with this company since 22 years 8 months . was completed.

  • Company Incorporation

    True Value Petroleum Private Limited was registered on 06 Jun 2003 with Roc Chandigarh & aged 22 years 8 months as per MCA records. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of True Value Petroleum Private Limited?

The CIN of True Value Petroleum Private Limited is U50500PB2003PTC026085.

Where is True Value Petroleum Private Limited headquartered?

True Value Petroleum Private Limited is headquartered at Jalandhar Pathankot Road,Village Sarmastpur Jalandhar, Punjab, Punjab.

When was True Value Petroleum Private Limited incorporated?

True Value Petroleum Private Limited was incorporated on 06 June 2003.

Who are the current directors of True Value Petroleum Private Limited?

The current directors of True Value Petroleum Private Limited are

What is the primary industry of True Value Petroleum Private Limited?

The primary industry of True Value Petroleum Private Limited is Trade.

Is True Value Petroleum Private Limited a listed company?

True Value Petroleum Private Limited is unlisted.

What is the capital structure of True Value Petroleum Private Limited?

The authorized capital of True Value Petroleum Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of True Value Petroleum Private Limited?

The compliance status of True Value Petroleum Private Limited is Compliant.

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