Truecrew Trade Private Limited
About Truecrew Trade Private Limited
Data last updated:
Truecrew Trade Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mangal Credit And Fincorp Limited. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 17 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U20299MH2010PTC204406. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹16 Lakh. It was formerly known as Goodhands Trading Private Limited and Commontrade Private Limited. It is led by directors Chetan Wadhwa and Bhagawati Mohanlal Jain.
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 A – 24 Grd Floor Pandya Cottage Shree Ji Kiran Tejpal Road Vile Parle East, Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.34 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹2.55 Lakh (net margin 9.7%) and EBITDA of ₹25.4 Lakh (EBITDA margin 96.4%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years.
As per MCA filings, the company has satisfied charges of ₹50 Lakh on record. Court records list 5 cases involving the company, including 5 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Truecrew Trade has undergone 4 name changes throughout its history. The current legal name is Truecrew Trade Private Limited.
| Company Name | Status |
|---|---|
| Truecrew Trade Private Limited | Current |
| Goodhands Trading Private Limited | Previous |
| Commontrade Private Limited | Previous |
| Mangal Timber Private Limited | Previous |
Contact details
Truecrew Trade Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressA – 24 Grd Floor Pandya Cottage Shree Ji Kiran Tejpal Road Vile Parle East, Mumbai, Maharashtra, India – 400057
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Truecrew Trade Private Limited, buy the company report.
- 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
Financials of Truecrew Trade Private Limited
FY 2025 filings availableTruecrew Trade Private Limited reported revenue of ₹26.34 Lakh (down 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over three years, including a 26% fall in the latest year. EBITDA rose 18% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| EBITDA | ₹25.4 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.55 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 96.4% | ||||
| Net Profit Margin | 9.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Truecrew Trade Private Limited, buy the company report.
Board of directors of Truecrew Trade Private Limited
Truecrew Trade has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Wadhwa Also directs: Mangal Mines and Minerals Private Limited, Shwet Developers Private Limited, Parvara Properties Private Limited and 5 more | Additional Director | 27 Jan 2025 | 1 Years 8 Months | Current |
| Bhagawati Mohanlal Jain Also directs: Mangal Mines and Minerals Private Limited, Shwet Developers Private Limited, Parvara Properties Private Limited and 5 more | Additional Director | 27 Jan 2025 | 1 Years 8 Months | Current |
Peer comparison
Truecrew Trade Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mybia Manifold Private Limited | ₹26.58 Lakh (FY 2025) | -31.0% | Jaipur, Rajasthan, India | |||
| Srimaa Mines & Minerals Private Limited | ₹26.55 Lakh (FY 2025) | 1666.0% | Barakar, West Bengal, India | |||
| Vasudev Paper & Boards Private Limited | ₹26.5 Lakh (FY 2025) | -78.0% | Kolkata, West Bengal, India | |||
| G. R. Metaliks and Industries Private Limited | ₹26.48 Lakh (FY 2025) | -8.0% | Chhattisgarh, India | |||
| Truecrew Trade Private Limitedthis company | ₹26.34 Lakh (FY 2025) | ₹2.55 Lakh | 9.7% | -26.0% | Mumbai, Maharashtra, India | |
| Viam Exim Private Limited | ₹25.87 Lakh (FY 2025) | -40.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Truecrew Trade Private Limited, buy the company report.
Auditor
Truecrew Trade Private Limited is audited by PRAVEEN MANIYAR & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAVEEN MANIYAR & ASSOCIATES | FY 2021 | 134787W |
Shareholding
The shareholding of Truecrew Trade Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Truecrew Trade Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 2012 | 10375098 | The Bharat Co-Operative Bank(Mumbai) Ltd | ₹50 Lakh | Satisfied |
To see the full charge records of Truecrew Trade Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Truecrew Trade Private Limited has 5 court cases on record: 5 filed by Truecrew Trade. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against an individual | Disposed |
To see the full case history of Truecrew Trade 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 Truecrew Trade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Truecrew Trade has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Truecrew Trade Private Limited, buy the company report.
Recent activity
Truecrew Trade Private Limited has 15 board changes on record since 2010: 2 appointments and 13 cessations. The latest: Dinesh Ranglalji Bafna ceased to be Additional Director on 29 Jan 2025.
9 earlier events are in the company report.
Frequently asked questions
Truecrew Trade is an active private limited company based in Mumbai, Maharashtra, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 17 June 2010 (16+ years old) and is registered under CIN U20299MH2010PTC204406.
Truecrew Trade has 2 current directors:
- Chetan Wadhwa - Additional Director
- Bhagawati Mohanlal Jain - Additional Director
The latest financial statements of Truecrew Trade on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Truecrew Trade has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Truecrew Trade is U20299MH2010PTC204406. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Truecrew Trade has 5 court cases on record: 5 filed by the company.
Truecrew Trade was incorporated on 17 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Truecrew Trade by revenue are Mybia Manifold Private Limited, Srimaa Mines & Minerals Private Limited, Vasudev Paper & Boards Private Limited, G. R. Metaliks and Industries Private Limited, Viam Exim Private Limited, all in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (retail trading).
Dinesh Ranglalji Bafna ceased to be Additional Director on 29 Jan 2025. Bhagawati Mohanlal Jain was appointed as Additional Director on 27 Jan 2025. Chetan Wadhwa was appointed as Additional Director on 27 Jan 2025. Truecrew Trade has 15 board changes on record in total.
The registered office of Truecrew Trade is at A – 24 Grd Floor Pandya Cottage Shree Ji Kiran Tejpal Road Vile Parle East, Mumbai, Maharashtra, India – 400057.
Truecrew Trade operates in the metals and minerals industry, in the materials retail and distribution segment.