MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-08-0046853
True Zone Textiles Private Limited
True Zone Textiles Private Limited - manufacturing in Tirupur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹14.05 Cr
Latest filing
Net profit · FY 2023
₹47.96 Lakh
Net margin 3.4%
EBITDA · FY 2023
₹88.68 Lakh
EBITDA margin 6.3%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹6 Cr
Issued & subscribed
Open charges
₹16 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
About True Zone Textiles Private Limited
Data last updated:
True Zone Textiles Private Limited is a private limited company based in Tirupur, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 29 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17299TZ2021PTC037169. Its GSTIN is 33AAICT8973E1Z0 (Tamil Nadu).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹6 Cr. It is led by directors Sumithra and Joseph Rasu.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 7 Sengunthapuram 2nd Street, Tirupur, Tamil Nadu, India – 641604.
As per the financials filed for FY 2023, the company reported a revenue of ₹14.05 Cr. For the same year it recorded a net profit of ₹47.96 Lakh (net margin 3.4%) and EBITDA of ₹88.68 Lakh (EBITDA margin 6.3%).
As per MCA filings, the company has open charges of ₹16 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
True Zone Textiles Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0046853).
Company details
CIN U17299TZ2021PTC037169
Registration Number 037169
Incorporation Date 29 September 2021
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Small
Udyam Registration UDYAM-TN-08-0046853
Key People
Sumithra Director Joseph Rasu Director Recognitions & Rankings of True Zone Textiles
Contact details
True Zone Textiles Private Limited's registered office is in Tirupur, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address7 Sengunthapuram 2nd Street, Tirupur, Tamil Nadu, India – 641604
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of True Zone Textiles Private Limited, buy the company report.
Comprehensive company report
True Zone Textiles 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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Business activity
The main business activity of True Zone Textiles is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of True Zone Textiles Private Limited, buy the company report.
Financials of True Zone Textiles Private Limited
FY 2023 filings availableTrue Zone Textiles Private Limited reported revenue of ₹14.05 Cr for FY 2023.
Revenue · FY 2023
₹14.05 Cr
Net profit · FY 2023
₹47.96 Lakh margin 3.4%
EBITDA · FY 2023
₹88.68 Lakh margin 6.3%
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹14.05 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹88.68 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹47.96 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
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 6.3% | |
| Net Profit Margin | 3.4% | |
| 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 | ||
To see the full financial statements and ratios of True Zone Textiles Private Limited, buy the company report.
Board of directors of True Zone Textiles Private Limited
True Zone Textiles has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumithra | Director | 01 Oct 2022 | 4 Years 0 Months | Current |
| Joseph Rasu | Director | 23 Sep 2022 | 4 Years 1 Months | Current |
Peer comparison
True Zone Textiles Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Turf Textile Exports Private Limited | ₹14.06 Cr (FY 2024) | 1.0% | Mumbai, Maharashtra, India | |||
| Belcon Weavetech Private Limited | ₹14.06 Cr (FY 2024) | 2305.0% | Surat, Gujarat, India | |||
| Oriental Weaving & Processing Mills Private Limited | ₹14.05 Cr (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| Rexolene India Manufacturing Private Limited | ₹14.05 Cr (FY 2025) | 60.0% | Sonipat, Haryana, India | |||
| True Zone Textiles Private Limitedthis company | ₹14.05 Cr (FY 2023) | ₹47.96 Lakh | 3.4% | Tirupur, Tamil Nadu, India | ||
| Gulshan Valvets Private Limited | ₹14.05 Cr (FY 2025) | -7.0% | New Delhi, Delhi, India | |||
| Shree Bhagwati Balaji Fashions Private Limited | ₹14.04 Cr (FY 2025) | 73.0% | Kolkata, West Bengal, India | |||
| Swaran Textiles Private Limited | ₹14.04 Cr (FY 2025) | 35.0% | Ludhiana, Punjab, India |
To see the full peer comparison of True Zone Textiles Private Limited, buy the company report.
Auditor
True Zone Textiles Private Limited is audited by S RAJESH KANNAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S RAJESH KANNAN | FY 2023 | 215583 |
Shareholding
The shareholding of True Zone Textiles Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of True Zone Textiles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹16 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2022 | 100668966 | Others | ₹16 Cr | Open |
Total charge records: 1 View all charges
Legal cases
True Zone Textiles Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Fedbank Financial Services | Disposed |
To see the full case history of True Zone Textiles Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for True Zone Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
True Zone Textiles has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICT8973E1Z0 | Tamil Nadu | Active | 03 Nov 2021 |
To see the full GST registrations and return filing status of True Zone Textiles Private Limited, buy the company report.
Recent activity
True Zone Textiles Private Limited has 4 board changes on record since 2022: 2 appointments and 2 cessations. The latest: Rajarathinam ceased to be Director on 12 Oct 2022.
AGM
True Zone Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
True Zone Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
Charges
A charge with Others amounted to Rs. 16.00 Cr with Charge ID 100668966 was registered on 30 Dec 2022.
Ceased
Rajarathinam ceased to be Director.
Ceased
Rajarathinam Umagandhi ceased to be Director.
Appointed
Sumithra was appointed as Director.
Appointed
Joseph Rasu was appointed as Director.
Incorporation
29 Sep 2021
True Zone Textiles Private Limited was registered on 29 Sep 2021 with Roc Coimbatore & aged 5 years 1 month as per MCA records.
Frequently asked questions
True Zone Textiles is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 29 September 2021 (5+ years old) and is registered under CIN U17299TZ2021PTC037169.
True Zone Textiles has 2 current directors:
- Sumithra - Director
- Joseph Rasu - Director
The latest financial statements of True Zone Textiles on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2022 are in the company report.
The GSTIN of True Zone Textiles is 33AAICT8973E1Z0, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of True Zone Textiles is U17299TZ2021PTC037169. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Zone Textiles has 1 court case on record: 1 filed against it.
True Zone Textiles was incorporated on 29 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of True Zone Textiles by revenue are Turf Textile Exports Private Limited, Belcon Weavetech Private Limited, Oriental Weaving & Processing Mills Private Limited, Rexolene India Manufacturing Private Limited, Gulshan Valvets Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Rajarathinam ceased to be Director on 12 Oct 2022. Rajarathinam Umagandhi ceased to be Director on 12 Oct 2022. Sumithra was appointed as Director on 01 Oct 2022. True Zone Textiles has 4 board changes on record in total.
Yes, True Zone Textiles is registered as a small enterprise under Udyam registration (number: UDYAM-TN-08-0046853).
The registered office of True Zone Textiles is at 7 Sengunthapuram 2nd Street, Tirupur, Tamil Nadu, India – 641604.
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