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Truelan Textiles Private Limited - fashion and textile in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹7.84 Cr
▲ 18% YoY
Net profit · FY 2025
₹2.1 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹18.19 Lakh
EBITDA margin 2.3%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.23 Lakh
Issued & subscribed
Open charges
₹2.02 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Truelan Textiles Private Limited
Data last updated:
Truelan Textiles Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the innerwear segment of the fashion and textiles sector. It was incorporated on 22 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U18209GJ2017PTC100248. Its GSTIN is 24AAGCT5558D1ZC (Gujarat). The company holds 7 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.23 Lakh. It is led by directors Abhishek Lodha and Neerja Satyanarayan Lakhani.
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 E – 31 Siddhi Vinayak Business Tower B/H Dcp Office S.G Highway Makarba, Ahmedabad, Gujarat, India – 380051.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.84 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹2.1 Lakh (net margin 0.3%) and EBITDA of ₹18.19 Lakh (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 25% over five years.
The company is associated with 1 brand: Inner Sense. As per MCA filings, the company has open charges of ₹2.02 Cr on record. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹2.34 Cr; the latest was in April 2018. Its 9 peer companies in the Apparel industry (Inner Wear, Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 5 smaller; the largest is Rudrasagar Silk Limited with revenue of ₹7.85 Cr. The company has 6 MSME Form 1 returns on record between 2021 and 2024, listing 41 overdue payments to 21 micro and small suppliers.
Truelan Textiles Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0006703). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innersense.co.in.
Company details
CIN U18209GJ2017PTC100248
Registration Number 100248
Incorporation Date 22 December 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0006703
Recognitions & Rankings of Truelan Textiles
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0006703
Contact details
Truelan Textiles Private Limited's registered office is in Ahmedabad, Gujarat. Its website is innersense.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressE – 31 Siddhi Vinayak Business Tower B/H Dcp Office S.G Highway Makarba, Ahmedabad, Gujarat, India – 380051
- IndustryFashion and Textile, Innerwear
To see the full contact details of Truelan Textiles Private Limited, buy the company report.
Comprehensive company report
Truelan 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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Brands
Truelan Textiles operates one associated brand: Inner Sense. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Eco-friendly organic lingerie for women is provided by Inner Sense. | innersense.co.in |
Business activity
The main business activity of Truelan 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 Truelan Textiles Private Limited, buy the company report.
Financials of Truelan Textiles Private Limited
FY 2025 filings availableTruelan Textiles Private Limited reported revenue of ₹7.84 Cr (up 18% YoY) for FY 2025.
Revenue · FY 2025
₹7.84 Cr ▲ 18%
Net profit · FY 2025
₹2.1 Lakh margin 0.3%
EBITDA · FY 2025
₹18.19 Lakh margin 2.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 15%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▼ 35%
3 years · compounded
▲ 1%
5 years · compounded
▲ 27%
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 18% growth in the latest year. EBITDA fell 35% 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 |
|---|---|---|---|---|---|
| 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 | ₹18.19 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.1 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Truelan Textiles Private Limited, buy the company report.
Board of directors of Truelan Textiles Private Limited
Truelan Textiles has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Lodha | Director | 22 Dec 2017 | 8 Years 10 Months | Current |
| Neerja Satyanarayan Lakhani | Director | 22 Dec 2017 | 8 Years 10 Months | Current |
Peer comparison
Truelan Textiles Private Limited is compared with the 9 companies closest to it by revenue in the Apparel industry (Inner Wear, 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 |
|---|---|---|---|---|---|---|
| Rudrasagar Silk Limited | ₹7.85 Cr (FY 2024) | 11.0% | Guwahati, Assam, India | |||
| Eastern Fine Printing India Private Limited | ₹7.85 Cr (FY 2025) | 33.0% | Mumbai, Maharashtra, India | |||
| Shree Jai Prabha Designer Private Limited | ₹7.85 Cr (FY 2025) | 38.0% | Sachin, Gujarat, India | |||
| Gopi Textile Private Limited | ₹7.84 Cr (FY 2025) | -4.0% | Khurda, Odisha, India | |||
| Truelan Textiles Private Limitedthis company | ₹7.84 Cr (FY 2025) | ₹2.1 Lakh | 0.3% | 18.0% | Ahmedabad, Gujarat, India | |
| Shubhdarshan Textiles Private Limited | ₹7.83 Cr (FY 2025) | 97.0% | Madanganj Kishangarh, Rajasthan, India | |||
| Mundra Woolen Mills Pvt. Ltd. | ₹7.83 Cr (FY 2024) | -3.0% | Rajasthan, India | |||
| Rudveda .Creation Private Limited | ₹7.83 Cr (FY 2024) | 2316.0% | Chinsurah, West Bengal, India | |||
| C.H. Fashion Private Limited | ₹7.83 Cr (FY 2025) | -5.0% | Surat, Gujarat, India | |||
| Mangalmay Weaver S Pvt Ltd | ₹7.83 Cr (FY 2025) | 17.0% | Surat, Gujarat, India |
To see the full peer comparison of Truelan Textiles Private Limited, buy the company report.
Auditor
Truelan Textiles Private Limited is audited by PMP & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PMP & ASSOCIATES | FY 2023 | 141854W |
Shareholding
The shareholding of Truelan Textiles Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Truelan Textiles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.02 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2020 | 100398095 | Hdfc Bank Limited | ₹2.02 Cr | Open |
To see the full charge records of Truelan Textiles Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Truelan Textiles Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹2.34 Cr; the latest was in April 2018.
Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹2.34 Cr
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2018 | Secondary share transfer | Undisclosed | Buyer: Venture Catalysts Seller: an individual |
| Apr 2018 | Secondary share transfer | Undisclosed | Buyer: Venture Catalysts Seller: an individual |
To see the full deal history of Truelan Textiles Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Truelan Textiles Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Truelan Textiles Private Limited has 6 MSME Form 1 returns on record between 2021 and 2024, listing 41 overdue payments to 21 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 21)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Sachinam Fabrics Private Limited | |||
| Kotak Overseas Private Limited |
To see the full MSME payment records of Truelan Textiles Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Truelan Textiles has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCT5558D1ZC | Gujarat | Active | 21 Mar 2018 |
| 24AAGCT5558D2ZB | Gujarat | Active | 03 Sep 2024 |
| 27AAGCT5558D1Z6 | Maharashtra | Active | 14 Jan 2019 |
| 29AAGCT5558D1Z2 | Karnataka | Active | 15 Oct 2019 |
To see the full GST registrations and return filing status of Truelan Textiles Private Limited, buy the company report.
Recent activity
Truelan Textiles Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Abhishek Lodha was appointed as Director on 22 Dec 2017.
AGM
Truelan Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Truelan Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 202.00 Lakh registered on 15 Dec 2020 with Charge ID 100398095 was modified on 26 Aug 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 202.00 Lakh with Charge ID 100398095 was registered on 15 Dec 2020.
Appointed
Abhishek Lodha was appointed as Director.
Appointed
Neerja Satyanarayan Lakhani was appointed as Director.
Incorporation
22 Dec 2017
Truelan Textiles Private Limited was registered on 22 Dec 2017 with Roc Ahmedabad & aged 8 years 10 months as per MCA records.
Frequently asked questions
Truelan Textiles is an active private limited company based in Ahmedabad, Gujarat, India. The company works in innerwear, within the fashion and textile industry. It was incorporated on 22 December 2017 (9+ years old) and is registered under CIN U18209GJ2017PTC100248.
Truelan Textiles has 2 current directors:
- Abhishek Lodha - Director
- Neerja Satyanarayan Lakhani - Director
The latest financial statements of Truelan Textiles 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 FY 2018 are in the company report.
The GSTIN of Truelan Textiles is 24AAGCT5558D1ZC, registered in Gujarat. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 24AAGCT5558D2ZB (Gujarat), 27AAGCT5558D1Z6 (Maharashtra), 29AAGCT5558D1Z2 (Karnataka).
The CIN (Corporate Identification Number) of Truelan Textiles is U18209GJ2017PTC100248. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Truelan Textiles was incorporated on 22 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Truelan Textiles has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹2.34 Cr; the latest was in April 2018.
The peers of Truelan Textiles by revenue are Rudrasagar Silk Limited, Eastern Fine Printing India Private Limited, Shree Jai Prabha Designer Private Limited, Gopi Textile Private Limited, Shubhdarshan Textiles Private Limited and 4 more, all in the Apparel industry (Inner Wear, Textiles), with the same principal business activity (textile, leather and other apparel products).
Abhishek Lodha was appointed as Director on 22 Dec 2017. Neerja Satyanarayan Lakhani was appointed as Director on 22 Dec 2017.
Yes, Truelan Textiles is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Truelan Textiles is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0006703).
Truelan Textiles has 6 MSME Form 1 returns on record between 2021 and 2024, listing 41 overdue payments to 21 micro and small suppliers. The latest return was filed on 25 Apr 2024.
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