Truere SPV Private Limited
About Truere SPV Private Limited
Data last updated:
Truere SPV Private Limited is a private limited company based in Bishrakh, Uttar Pradesh, India, a subsidiary of Oriana Power Limited. It operates in the boat and marine services segment of the transportation sector. It was incorporated on 23 March 2023.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U35105UP2023PTC178816. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹16.1 Cr and a paid-up capital of ₹16.1 Cr. It is led by directors Narender Kumar and Omkar Nath Pandey.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bishrakh, Uttar Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.37 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹33.99 Lakh (net margin 10.1%) and EBITDA of ₹3.25 Cr (EBITDA margin 96.3%).
As per MCA filings, the company has open charges of ₹37.55 Cr on record.
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- Registered Address202 – 203 Udyog Kendra Extn – II, Greater Noida, Bishrakh, Uttar Pradesh, India – 201306
- IndustryTransportation, Boats, Repair Of Ships
- 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
Financials of Truere SPV Private Limited FY 2025 filings available
Truere SPV Private Limited reported revenue of ₹3.37 Cr (up 22678% YoY) for FY 2025.
Financial Statement Summary of Truere SPV Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹3.25 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹33.99 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 of Truere SPV Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 96.3% | •••• | •••• |
| Net Profit Margin | 10.1% | •••• | •••• |
| 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 Truere SPV are in the company report.
Financial statements from FY 2023
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 Truere SPV Private Limited
Truere SPV Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Solar Power). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vertex Solar Solutions Private Limited | ₹3.39 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Nadiad, Gujarat, India |
| Rayforge Solar Integration Private Limited | ₹3.39 Cr (FY 2025) | •••• | •••• | •••• | Chittoor, Andhra Pradesh, India | |
| Savlani Trading and Investment Company Private Limited | ₹3.38 Cr (FY 2025) | •••• | •••• | -43.0% | •••• | Mumbai, Maharashtra, India |
| Sorbijli Solutions Private Limited | ₹3.38 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Jaipur, Rajasthan, India |
| Bhavana Power Private Limited | ₹3.37 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Narayanpet, Telangana, India |
| Truere SPV Private Limited this company | ₹3.37 Cr (FY 2025) | •••• | •••• | 22678.0% | •••• | Bishrakh, Uttar Pradesh, India |
| Direct Watts Set Private Limited | ₹3.37 Cr (FY 2025) | •••• | •••• | -52.0% | •••• | Chandigarh, India |
| Carlill Energy Private Limited | ₹3.37 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Sangrur, Punjab, India |
| Clean Max Plutus Private Limited | ₹3.36 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | Mumbai, Maharashtra, India |
| CCCL Infrastructure Limited | ₹3.36 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Srivaikuntam, Tamil Nadu, India |
| Siwana Solar Power Project Private Limited | ₹3.35 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Bhiwani, Haryana, India |
Peers are the five companies nearest above and the five nearest below Truere SPV by revenue in the Cleantech industry (Solar Power), 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 Truere SPV Private Limited
Truere SPV Private Limited is audited by S J C & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S J C & CO. | 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 Truere SPV Private Limited
Truere SPV has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narender Kumar Also directs: Opar SPV Private Limited, Solarithic Power SPV Private Limited, Truere Del Private Limited and 5 more | Director | 23 Mar 2023 | 3 Years 6 Months | Current |
| Omkar Nath Pandey Also directs: Opl Bess Services Private Limited, Opar SPV Private Limited, Solarithic Power SPV Private Limited and 5 more | Additional Director | 01 Nov 2025 | 0 Years 11 Months | Current |
Ownership and Shareholding of Truere SPV 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 Truere SPV Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jan 2024 | State Bank of India | ₹37.55 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Truere SPV Private Limited
Employment history and EPFO contributions of people linked to Truere SPV.
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 Truere SPV Private Limited
Truere SPV Private Limited has 7 board changes on record since 2023: 5 appointments and 2 cessations. The latest: Anirudh Saraswat ceased to be Director on 01 Nov 2025.
Credit Ratings, Litigation & Regulatory Alerts for Truere SPV 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 Truere SPV 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 Truere SPV 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 Truere SPV Private Limited
Truere SPV has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Truere SPV 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 Truere SPV Private Limited
Truere SPV is an active private limited company based in Bishrakh, Uttar Pradesh, India. The company works in boats, within the transportation industry. It was incorporated on 23 March 2023 (3+ years old) and is registered under CIN U35105UP2023PTC178816.
Truere SPV reported revenue of ₹3.37 Cr for FY 2025 (up 22678% YoY).
Truere SPV has 2 current directors:
- Narender Kumar - Director
- Omkar Nath Pandey - Additional Director
Truere SPV reported a net profit of ₹33.99 Lakh (net margin 10.1%) and EBITDA of ₹3.25 Cr (EBITDA margin 96.3%) for FY 2025, as per its filed financial statements.
No. Truere SPV has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Truere SPV is U35105UP2023PTC178816. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Truere SPV was incorporated on 23 March 2023, making it 3+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Truere SPV by revenue are Vertex Solar Solutions Private Limited, Rayforge Solar Integration Private Limited, Savlani Trading and Investment Company Private Limited, Sorbijli Solutions Private Limited, Bhavana Power Private Limited and 5 more, all in the Cleantech industry (Solar Power).
Anirudh Saraswat ceased to be Director on 01 Nov 2025. Gaurav Ranjan ceased to be Whole-Time Director on 01 Nov 2025. Omkar Nath Pandey was appointed as Additional Director on 01 Nov 2025. Truere SPV has 7 board changes on record in total.
The registered office of Truere SPV is at 202 – 203 Udyog Kendra Extn – II, Greater Noida, Bishrakh, Uttar Pradesh, India – 201306.
Truere SPV has an authorised share capital of ₹16.1 Cr and a paid-up capital of ₹16.1 Cr.