About True-Blue Realty Private Limited
Data last updated:
True-Blue Realty Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45202KA2020PTC132034. Its GSTIN is 29AAHCT7373B1Z4 (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.24 Cr. It is led by directors Dega Venkatarami Reddy and Konduru Prasanth Raju.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹79.43 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.2 Cr (net margin 1.5%) and EBITDA of ₹2.94 Cr (EBITDA margin 3.7%).
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: True Blue Napa Valley. As per MCA filings, the company has open charges of ₹30 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company; 3 cases are pending. The company has 1 deal on record (1 rights issue); the latest was in August 2020. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is Ats Infrabuild Private Limited with revenue of ₹80.01 Cr.
For more details, the company can be reached via its website truebluerealty.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo. 24 Vadeyarapura Village Nitte Meenakshi College Road, Bsf Campus Yelahanka Hobli, Bangalore, Karnataka, India – 560064
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of True-Blue Realty Private Limited
The main business activity of True-Blue Realty is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | 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-Blue Realty Private Limited FY 2024 filings available
True-Blue Realty Private Limited reported revenue of ₹79.43 Cr (up 225% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of True-Blue Realty Private Limited
Revenue rose 225% in the latest year. EBITDA rose 111% in the latest year. 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 of True-Blue Realty Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.94 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.2 Cr | •••• | •••• | •••• | •••• |
| 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-Blue Realty Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| 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-Blue Realty are in the company report.
Financial statements from FY 2020
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-Blue Realty Private Limited
True-Blue Realty Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ats Infrabuild Private Limited | ₹80.01 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | New Delhi, Delhi, India |
| Adih Infrastructure Private Limited | ₹80 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Alipurduar, West Bengal, India |
| Yella Constructions Private Limited | ₹79.62 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Andhra Pradesh, India |
| Unique Mercantile India Limited | ₹79.61 Cr (FY 2022) | •••• | •••• | 114.0% | •••• | Ahmedabad, Gujarat, India |
| Emerald Homedevelopers Private Limited | ₹79.46 Cr (FY 2025) | •••• | •••• | 131.0% | •••• | Ballabgarh, Haryana, India |
| True-Blue Realty Private Limited this company | ₹79.43 Cr (FY 2024) | •••• | •••• | 225.0% | •••• | Bangalore, Karnataka, India |
| Rashmi Ameya Developers Housing and Estate Realtors Private Limited | ₹79.4 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Thane, Maharashtra, India |
| Power Housing and Developers Private Limited | ₹79.4 Cr (FY 2024) | •••• | •••• | 104815.0% | •••• | New Delhi, Delhi, India |
| Neptune Developers Limited | ₹79.34 Cr (FY 2019) | •••• | •••• | -83.0% | •••• | Mumbai, Maharashtra, India |
| Parsvnath Estate Developers Private Limited | ₹79.33 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Delhi, India |
| RSB Arch Project Consultants Private Limited | ₹79.29 Cr (FY 2025) | •••• | •••• | 243.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below True-Blue Realty by revenue in the Real Estate industry (Builders and Developers), 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-Blue Realty Private Limited
True-Blue Realty Private Limited is audited by Enjam and Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Enjam and Associates | 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-Blue Realty Private Limited
True-Blue Realty has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dega Venkatarami Reddy Also directs: Bindu Recepies Private Limited, BRPL - Baketech Private Limited | Director | 28 Jan 2020 | 6 Years 8 Months | Current |
| Konduru Prasanth Raju | Director | 04 Aug 2020 | 6 Years 2 Months | Current |
Ownership and Shareholding of True-Blue Realty 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-Blue Realty Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Nov 2020 | Others | ₹30 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of True-Blue Realty Private Limited
True-Blue Realty Private Limited has 1 deal on record (1 rights issue); the latest was in August 2020.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2020 | Rights issue | ₹2.23 Cr | Investors: 4 individuals Seller: an individual |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of True-Blue Realty Private Limited
True-Blue Realty Private Limited has 4 court cases on record: 1 filed by True-Blue Realty, 3 where it is another party. 3 cases are pending and 1 is disposed. Status as checked between 21 Sep 2026 and 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 2 |
| High courts | 1 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed by the company against Bangalore Development Authority | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Company is another party | Pending |
| High Court of Karnataka | Writ petition | Company is another party | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Company is another party | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with True-Blue Realty Private Limited
True-Blue Realty operates one associated brand: True Blue Napa Valley. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops innovative technologies for luxury residential properties in Napa Valley. | truebluerealty.in |
Employees and EPFO Compliance at True-Blue Realty Private Limited
Employment history and EPFO contributions of people linked to True-Blue Realty.
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-Blue Realty Private Limited
True-Blue Realty Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Konduru Prasanth Raju was appointed as Director on 04 Aug 2020.
Credit Ratings, Litigation & Regulatory Alerts for True-Blue Realty 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-Blue Realty 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-Blue Realty 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-Blue Realty Private Limited
True-Blue Realty has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCT7373B1Z4 | Karnataka | Active | 19 Aug 2020 |
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-Blue Realty 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-Blue Realty Private Limited
True-Blue Realty is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 28 January 2020 (6+ years old) and is registered under CIN U45202KA2020PTC132034.
True-Blue Realty reported revenue of ₹79.43 Cr for FY 2024 (up 225% YoY).
True-Blue Realty has 2 current directors:
- Dega Venkatarami Reddy - Director
- Konduru Prasanth Raju - Director
True-Blue Realty reported a net profit of ₹1.2 Cr (net margin 1.5%) and EBITDA of ₹2.94 Cr (EBITDA margin 3.7%) for FY 2024, as per its filed financial statements.
The GSTIN of True-Blue Realty is 29AAHCT7373B1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of True-Blue Realty is U45202KA2020PTC132034. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True-Blue Realty has 4 court cases on record: 1 filed by the company. 3 are pending. Most are in the district courts.
True-Blue Realty was incorporated on 28 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
True-Blue Realty has 1 deal on record (1 rights issue); the latest was in August 2020.
The peers of True-Blue Realty by revenue are Ats Infrabuild Private Limited, Adih Infrastructure Private Limited, Yella Constructions Private Limited, Unique Mercantile India Limited, Emerald Homedevelopers Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Konduru Prasanth Raju was appointed as Director on 04 Aug 2020. Ravindra Reddy Gudur ceased to be Director on 04 Aug 2020. Dega Venkatarami Reddy was appointed as Director on 28 Jan 2020. True-Blue Realty has 4 board changes on record in total.