MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0046228
Truemax Polymers Private Limited
Truemax Polymers Private Limited - travel and hospitality in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.63 Cr
▼ 18% YoY
Net profit · FY 2024
₹2.55 Lakh
Net margin 1%
EBITDA · FY 2024
₹11.51 Lakh
EBITDA margin 4.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
23 yrs
Est. 2003
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Truemax Polymers Private Limited
Data last updated:
Truemax Polymers Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 26 March 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24119GJ2003PTC042166. Its GSTIN is 24AACCT1564F1ZM (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sureshbhai Ambalal Patel (Managing Director) and Ramilaben Sureshbhai Patel (Whole-Time Director).
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 – 64 Shankar Estate Nr. Suryalia Estate Revabhai Estate Road Ctm Amraiwadi, Ahmedabad, Gujarat, India – 380026.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.63 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹2.55 Lakh (net margin 1%) and EBITDA of ₹11.51 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years.
Truemax Polymers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0046228). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24119GJ2003PTC042166
Registration Number 042166
Incorporation Date 26 March 2003
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
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0046228
Key People
Sureshbhai Ambalal Patel Managing Director Ramilaben Sureshbhai Patel Whole-Time Director Ayushkumar Sureshkumar Patel Director Recognitions & Rankings of Truemax Polymers
Contact details
Truemax Polymers Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 64 Shankar Estate Nr. Suryalia Estate Revabhai Estate Road Ctm Amraiwadi, Ahmedabad, Gujarat, India – 380026
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Truemax Polymers Private Limited, buy the company report.
Comprehensive company report
Truemax Polymers 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Truemax Polymers is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Truemax Polymers Private Limited, buy the company report.
Financials of Truemax Polymers Private Limited
FY 2025 filings availableTruemax Polymers Private Limited reported revenue of ₹2.63 Cr (down 18% YoY) for FY 2024.
Revenue · FY 2024
₹2.63 Cr ▼ 18%
Net profit · FY 2024
₹2.55 Lakh margin 1%
EBITDA · FY 2024
₹11.51 Lakh margin 4.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 18%
3 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 33%
5 years · compounded
▼ 4%
Revenue fell 18% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 17% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹11.51 Lakh | ||||
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| Net Profit (PAT) | ₹2.55 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Truemax Polymers Private Limited, buy the company report.
Board of directors of Truemax Polymers Private Limited
Truemax Polymers has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramilaben Sureshbhai Patel Also directs: Karyani Hydrojetting Pump & Systems Private Limited | Whole-Time Director | 26 Mar 2003 | 23 Years 7 Months | Current |
| Ayushkumar Sureshkumar Patel | Director | 01 Nov 2004 | 21 Years 11 Months | Current |
| Sureshbhai Ambalal Patel Also directs: Karyani Hydrojetting Pump & Systems Private Limited | Managing Director | 26 Mar 2003 | 23 Years 7 Months | Current |
Auditor
Truemax Polymers Private Limited is audited by KAUSHIK S SHETH & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAUSHIK S SHETH & CO | FY 2022 | 113871W |
Shareholding
The shareholding of Truemax Polymers Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Truemax Polymers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Truemax Polymers 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
No delayed payments to MSME suppliers are on our record for Truemax Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Truemax Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCT1564F1ZM | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Truemax Polymers Private Limited, buy the company report.
Recent activity
Truemax Polymers Private Limited has 6 board changes on record since 2003: 3 appointments and 3 cessations. The latest: Ambalal Trikamdas Patel ceased to be Director on 15 May 2019.
AGM
Truemax Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Truemax Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Ambalal Trikamdas Patel ceased to be Director.
Ceased
Hasmukhbhai Ambalal Patel ceased to be Director.
Ceased
Urmilaben Ambalal Patel ceased to be Director.
Appointed
Ayushkumar Sureshkumar Patel was appointed as Director.
Appointed
Ramilaben Sureshbhai Patel was appointed as Whole-Time Director.
Appointed
Sureshbhai Ambalal Patel was appointed as Managing Director.
Incorporation
26 Mar 2003
Truemax Polymers Private Limited was registered on 26 Mar 2003 with Roc Ahmedabad & aged 23 years 7 months as per MCA records.
Frequently asked questions
Truemax Polymers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 26 March 2003 (23+ years old) and is registered under CIN U24119GJ2003PTC042166.
Truemax Polymers has 3 current directors:
- Sureshbhai Ambalal Patel - Managing Director
- Ramilaben Sureshbhai Patel - Whole-Time Director
- Ayushkumar Sureshkumar Patel - Director
The latest financial statements of Truemax Polymers 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.
The GSTIN of Truemax Polymers is 24AACCT1564F1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Truemax Polymers is U24119GJ2003PTC042166. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Truemax Polymers was incorporated on 26 March 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ambalal Trikamdas Patel ceased to be Director on 15 May 2019. Hasmukhbhai Ambalal Patel ceased to be Director on 15 May 2019. Urmilaben Ambalal Patel ceased to be Director on 04 Oct 2017. Truemax Polymers has 6 board changes on record in total.
Yes, Truemax Polymers is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0046228).
The registered office of Truemax Polymers is at C – 64 Shankar Estate Nr. Suryalia Estate Revabhai Estate Road Ctm Amraiwadi, Ahmedabad, Gujarat, India – 380026.
Truemax Polymers operates in the travel and hospitality industry, in the consumer professional services segment.