About Truevalue Marketing Services Private Limited
Data last updated: 23 December 2025
Truevalue Marketing Services Private Limited is a private limited company based in Bangalore., Karnataka, India. It specialises in tea and coffee processing, a part of the broader agriculture sector. Incorporated on 10 January 1997, the company has been in operation for over 29 years.
Registered with ROC Bangalore under CIN U45209KA1997PTC021627.
Capital: an authorised share capital of ₹25 Lakh and a paid-up capital of ₹17.84 Lakh. It is led by directors including Seena Shanavas and Naresh Krishnan.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: #315 6Th Main Road Hal 2Nd Stage Bangalore., Karnataka, India – 560038.
As per the financials filed for FY 2024, the company reported a revenue of ₹60.34 Cr, a growth of 1% compared to the previous year.
The company has a workforce of approximately 398 employees as per the latest available data.
The company is associated with 2 brands - Granules N Beans, Truevalue Marketing. As per MCA filings, the company has open charges of ₹6.01 Cr and satisfied charges of ₹5.7 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website truevaluemarketing.in.
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Registered Address#315 6Th Main Road Hal 2Nd Stage Bangalore., Karnataka, India – 560038
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IndustryAgriculture, Tea & Coffee Processing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Truevalue Marketing Services Private Limited
Truevalue Marketing Services Private Limited operates two associated brands: Granules N Beans and Truevalue Marketing. These brands represent Truevalue Marketing Services Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Operates a direct-to-consumer brand offering tea and coffee. | buygnb.com | |
| Ready-to-drink coffee and tea are provided by an internet-first brand. | truevaluemarketing.in |
Competitors & Alternatives of Truevalue Marketing Services Private Limited
Brands and companies operating in the same space as Truevalue Marketing Services Private Limited include Teaology India, Dolshyne, Desire Instant Chai and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Teaology India
|
Internet first brand offering multi-category non-alcoholic beverages | Ahmedabad, India, India | 2018 |
Dolshyne
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A brand specializing in high-quality coffee and tea products. | New Delhi, India, India | 2021 |
Desire Instant Chai
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Offers instant beverage premixes and vending machines for tea, coffee, and cold drinks. | Mumbai, India, India | 2010 |
Haritima Food
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Delivers comprehensive solutions for tea and coffee products. | Indore, India, India | 2015 |
Naivo
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Sources, roasts, and sells specialty coffee beans online and wholesale. | Bengaluru, India, India | 2015 |
SVDN Organic Naturals
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Sells organic tea, coffee powders, and moringa products directly to consumers. | Kadapa, India, India | 2023 |
Cozy Cup Cafe
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Offers a selection of roasted coffee blends and tea premixes for quality beverage experiences. | Fazilka, India, India | 1989 |
Business Activity of Truevalue Marketing Services Private Limited
Truevalue Marketing Services Private Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Truevalue Marketing Services Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Truevalue Marketing Services Private Limited
Truevalue Marketing Services Private Limited is audited by JAYESH SHETH & CO for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAYESH SHETH & CO | Locked | Locked | Locked |
Complete auditor history for Truevalue Marketing Services Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Truevalue Marketing Services Private Limited
Truevalue Marketing Services Private Limited is currently managed by 6 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Seena Shanavas | Director | 03 Sep 2014 | 11 Years 11 Months | Current |
| Naresh Krishnan | Director | 01 Jul 2022 | 4 Years 1 Months | Current |
| Mita Vitthal Shah | Director | 01 Jun 2015 | 11 Years 2 Months | Current |
| Vithal Ramdas Shah | Director | 01 Jun 2015 | 11 Years 2 Months | Current |
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Pratima Nitin Ashar
Also directs:
Value Beverage Private Limited
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Director | 28 Mar 2002 | 24 Years 4 Months | Current |
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Nitin Ashar Jagdish
Also directs:
Value Beverage Private Limited
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Director | 01 Nov 2009 | 16 Years 9 Months | Current |
Financials of Truevalue Marketing Services Private Limited FY 2024 filings available
Truevalue Marketing Services Private Limited reported revenue of ₹60.34 Cr (up 1.00% YoY) for FY 2024.
Ten-year financial statements for Truevalue Marketing Services Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Truevalue Marketing Services Private Limited
Shareholding and ownership data for Truevalue Marketing Services Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Truevalue Marketing Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2023 | Hdfc Bank Limited | ₹1 Cr | Open |
| 09 Dec 2022 | Hdfc Bank Limited | ₹5.01 Cr | Open |
| 19 Mar 2019 | Citi Bank N.A. | ₹2 Cr | Satisfied |
| 02 Apr 2018 | Citi Bank N.A. | ₹1 Cr | Satisfied |
| 13 Apr 2011 | Citi Bank N.A. | ₹2.7 Cr | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Truevalue Marketing Services Private Limited
Truevalue Marketing Services Private Limited has a workforce of 398 employees as of Apr 07, 2024.
Employee and EPFO history for Truevalue Marketing Services Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Truevalue Marketing Services Private Limited
GST registrations and filing compliance for Truevalue Marketing Services Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Truevalue Marketing Services Private Limited
Credit ratings, litigation, and regulatory alerts for Truevalue Marketing Services Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Truevalue Marketing Services Private Limited
MSME payment history for Truevalue Marketing Services Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Truevalue Marketing Services Private Limited
Corporate group structure for Truevalue Marketing Services Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Truevalue Marketing Services Private Limited
MCA filings and documents for Truevalue Marketing Services Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Truevalue Marketing Services Private Limited
Frequently Asked Questions about Truevalue Marketing Services Private Limited
Truevalue Marketing Services Private Limited is an active private limited company in the agriculture sector based in Bangalore, Karnataka, India. It was incorporated on 10 January 1997 (29+ years old) and is registered under CIN U45209KA1997PTC021627. The company has 398 employees.
Truevalue Marketing Services Private Limited reported revenue of ₹60.34 Cr for FY 2024 (up 1.00% YoY).
The current directors of Truevalue Marketing Services Private Limited are:
- Seena Shanavas - Director
- Naresh Krishnan - Director
- Mita Vitthal Shah - Director
- Vithal Ramdas Shah - Director
- Pratima Nitin Ashar - Director
- Nitin Ashar Jagdish - Director
The primary industry of Truevalue Marketing Services Private Limited is agriculture. The company specifically operates in tea and coffee processing. The company is currently active in this sector.
Truevalue Marketing Services Private Limited can be reached at the registered office: #315 6Th Main Road Hal 2Nd Stage Bangalore, Karnataka, India – 560038, or through the website truevaluemarketing.in.
The authorised capital is ₹25 Lakh, and the paid-up capital is ₹17.84 Lakh.