True Value Polytech Private Limited
About True Value Polytech Private Limited
Data last updated:
True Value Polytech Private Limited is a private limited company based in Veraval, Gujarat, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 20 June 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ2022PTC133023. Its GSTIN is 24AAJCT4782G1Z3 (Gujarat).
The company has an authorised share capital of ₹1.87 Cr and a paid-up capital of ₹1.53 Cr. It is led by directors including Alpaben Meramanbhai Solanki and Puja Gopal Vala.
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 C/Otruevalueirrigationsystem Plno.2 – 3 Sur 36 P/1P/2P/1 Shantipara Opp.Madhav Hotel, Veraval, Gujarat, India – 362255.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.05 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹16.79 Lakh (net margin 3.3%) and EBITDA of ₹1.78 Cr (EBITDA margin 35.3%).
As per MCA filings, the company has open charges of ₹9.53 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressC/Otruevalueirrigationsystem Plno.2 – 3 Sur 36 P/1P/2P/1 Shantipara Opp.Madhav Hotel, Veraval, Gujarat, India – 362255
- IndustryManufacturing, Pipe & Tubes
- 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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Business Activity of True Value Polytech Private Limited
The main business activity of True Value Polytech is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of True Value Polytech Private Limited FY 2025 filings available
True Value Polytech Private Limited reported revenue of ₹5.05 Cr (up 1545% YoY) for FY 2024.
Financial Statement Summary of True Value Polytech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | ₹1.78 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹16.79 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 of True Value Polytech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 35.3% | •••• |
| Net Profit Margin | 3.3% | •••• |
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of True Value Polytech are in the company report.
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of True Value Polytech Private Limited
True Value Polytech Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Surajmal Agencies Private Limited | ₹5.08 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Lucknow, Uttar Pradesh, India |
| Kavita Dreamhomes Private Limited | ₹5.07 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Varanasi, Uttar Pradesh, India |
| P.S. Infraconstructions Private Limited | ₹5.06 Cr (FY 2024) | •••• | •••• | -36.0% | •••• | Jaipur, Rajasthan, India |
| Mera Bathroom Private Limited | ₹5.05 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | New Delhi, Delhi, India |
| Anaypriya Infra and Transport Private Limited | ₹5.05 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Muzaffarpur, Bihar, India |
| True Value Polytech Private Limited this company | ₹5.05 Cr (FY 2024) | •••• | •••• | 1545.0% | •••• | Veraval, Gujarat, India |
| Rivashaa Eco Design Solutions Private Limited | ₹5.04 Cr (FY 2024) | •••• | •••• | 57.0% | •••• | Ahmedabad, Gujarat, India |
| Msupply Ecommerce India Private Limited | ₹5.04 Cr (FY 2019) | •••• | •••• | 630.0% | •••• | Bengaluru, Karnataka, India |
| Maroo Machineries Private Limited | ₹5.04 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Udaipur, Rajasthan, India |
| Mazel Infratech Private Limited | ₹5.04 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Guwahati, Assam, India |
| Omshri Gujrat Granito Private Limited | ₹5.03 Cr (FY 2025) | •••• | •••• | 234.0% | •••• | Rajnagar Rajsamand, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below True Value Polytech by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of True Value Polytech Private Limited
True Value Polytech Private Limited is audited by K. P. PAREKH & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K. P. PAREKH & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of True Value Polytech Private Limited
True Value Polytech has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alpaben Meramanbhai Solanki Also directs: True Value Irrigation Private Limited | Director | 20 Jun 2022 | 4 Years 3 Months | Current |
| Puja Gopal Vala Also directs: True Value Irrigation Private Limited | Director | 20 Jun 2022 | 4 Years 3 Months | Current |
| Usha Ajaybhai Vala | Director | 20 Jun 2022 | 4 Years 3 Months | Current |
Ownership and Shareholding of True Value Polytech Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of True Value Polytech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Aug 2024 | Others | ₹2.5 Lakh | Open |
| 09 Nov 2022 | Others | ₹9.5 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at True Value Polytech Private Limited
True Value Polytech Private Limited has a workforce of 0 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on True Value Polytech Private Limited
True Value Polytech Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Alpaben Meramanbhai Solanki was appointed as Director on 20 Jun 2022.
Credit Ratings, Litigation & Regulatory Alerts for True Value Polytech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by True Value Polytech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of True Value Polytech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of True Value Polytech Private Limited
True Value Polytech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCT4782G1Z3 | Gujarat | Active | 10 Sep 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of True Value Polytech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about True Value Polytech Private Limited
True Value Polytech is an active private limited company based in Veraval, Gujarat, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 20 June 2022 (4+ years old) and is registered under CIN U25209GJ2022PTC133023.
True Value Polytech reported revenue of ₹5.05 Cr for FY 2024 (up 1545% YoY).
True Value Polytech has 3 current directors:
- Alpaben Meramanbhai Solanki - Director
- Puja Gopal Vala - Director
- Usha Ajaybhai Vala - Director
True Value Polytech reported a net profit of ₹16.79 Lakh (net margin 3.3%) and EBITDA of ₹1.78 Cr (EBITDA margin 35.3%) for FY 2024, as per its filed financial statements.
The GSTIN of True Value Polytech is 24AAJCT4782G1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of True Value Polytech is U25209GJ2022PTC133023. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Value Polytech was incorporated on 20 June 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of True Value Polytech by revenue are Surajmal Agencies Private Limited, Kavita Dreamhomes Private Limited, P.S. Infraconstructions Private Limited, Mera Bathroom Private Limited, Anaypriya Infra and Transport Private Limited and 5 more, all in the Metals and Minerals industry (Construction Materials Retail and Distribution).
Alpaben Meramanbhai Solanki was appointed as Director on 20 Jun 2022. Puja Gopal Vala was appointed as Director on 20 Jun 2022. Usha Ajaybhai Vala was appointed as Director on 20 Jun 2022.
The registered office of True Value Polytech is at COtruevalueirrigationsystem Plno.2 – 3 Sur 36 P1P2P1 Shantipara Opp.Madhav Hotel, Veraval, Gujarat, India – 362255.
True Value Polytech has an authorised share capital of ₹1.87 Cr and a paid-up capital of ₹1.53 Cr.