MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0065516
True Wall Specialities Private Limited - infrastructure and utilities in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹148.63 Cr
▲ 96% YoY
Net profit · FY 2025
₹4.07 Cr
Net margin 2.7%
EBITDA · FY 2025
₹7.58 Cr
EBITDA margin 5.1%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹1.79 Cr
Issued & subscribed
Open charges
₹27.42 Cr
Satisfied ₹8.5 Cr
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
About True Wall Specialities Private Limited
Data last updated:
True Wall Specialities Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 14 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36990MH2007PTC170792. Its GSTIN is 27AACCT6714B1ZM (Maharashtra). The company holds 12 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.79 Cr. It is led by directors Harpreet Singh Harinder Singh Marwah and Manpreet Kaur Harpreetsingh Marwah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 182/1 Retiwala Compound Cadell Road Mahim (West), Mumbai, Maharashtra, India – 400016.
As per the financials filed for FY 2025, the company reported a revenue of ₹148.63 Cr, a growth of 96% compared to the previous year. For the same year it recorded a net profit of ₹4.07 Cr (net margin 2.7%) and EBITDA of ₹7.58 Cr (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹27.42 Cr and satisfied charges of ₹8.5 Cr on record. Court records list 23 cases involving the company, including 2 filed by the company and 21 filed against it; 2 cases are pending. The company has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹90 Lakh; the latest was in December 2022. The company has 18 MSME Form 1 returns on record between 2014 and 2024, listing 2,261 overdue payments to 49 micro and small suppliers.
True Wall Specialities Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0065516). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website truewallspecialities.com.
Company details
CIN U36990MH2007PTC170792
Registration Number 170792
Incorporation Date 14 May 2007
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0065516
Key People
Harpreet Singh Harinder Singh Marwah Director Manpreet Kaur Harpreetsingh Marwah Director Recognitions & Rankings of True Wall Specialities
Contact details
True Wall Specialities Private Limited's registered office is in Mumbai, Maharashtra. Its website is truewallspecialities.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address182/1 Retiwala Compound Cadell Road Mahim (West), Mumbai, Maharashtra, India – 400016
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of True Wall Specialities Private Limited, buy the company report.
Comprehensive company report
True Wall Specialities 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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Business activity
The main business activity of True Wall Specialities is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of True Wall Specialities Private Limited, buy the company report.
Financials of True Wall Specialities Private Limited
FY 2024 filings availableTrue Wall Specialities Private Limited reported revenue of ₹148.63 Cr (up 96% YoY) for FY 2025.
Revenue · FY 2025
₹148.63 Cr ▲ 96%
Net profit · FY 2025
₹4.07 Cr margin 2.7%
EBITDA · FY 2025
₹7.58 Cr margin 5.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 96%
3 years · compounded
▲ 49%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 76%
3 years · compounded
▲ 57%
5 years · compounded
▲ 20%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 96% growth in the latest year. EBITDA rose 76% 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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| Total Expenses | |||||
| EBITDA | ₹7.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.07 Cr | ||||
| 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 | 5.1% | ||||
| Net Profit Margin | 2.7% | ||||
| 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 True Wall Specialities Private Limited, buy the company report.
Board of directors of True Wall Specialities Private Limited
True Wall Specialities has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harpreet Singh Harinder Singh Marwah Also directs: Aimers Infra Private Limited, True Wall Realty Private Limited | Director | 14 May 2007 | 19 Years 5 Months | Current |
| Manpreet Kaur Harpreetsingh Marwah | Director | 14 May 2007 | 19 Years 5 Months | Current |
Auditor
True Wall Specialities Private Limited is audited by JAYESH SANGHRAJKA & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAYESH SANGHRAJKA & CO LLP | FY 2023 | 104184W |
Shareholding
The shareholding of True Wall Specialities Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of True Wall Specialities Private Limited, buy the company report.
Charges & borrowings
Open charges
₹27.42 Cr
Satisfied charges
₹8.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 May 2025 | 101110900 | Hdfc Bank Limited | ₹30.2 Lakh | Open | |
| 17 Feb 2024 | 100908865 | Hdfc Bank Limited | ₹16.64 Lakh | Open | |
| 10 Aug 2023 | 100778965 | Others | ₹13 Cr | Open | |
| 23 Jan 2023 | 100672489 | Standard Chartered Bank | ₹1 Cr | Open | |
| 29 Jun 2010 | 10255721 | Standard Chartered Bank | ₹12.95 Cr | Open |
To see the full charge records of True Wall Specialities Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
True Wall Specialities Private Limited has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹90 Lakh; the latest was in December 2022.
Total deals
4
Funding rounds
3
Rights issue
1
Disclosed funding
₹90 Lakh
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Funding round | ₹20 Lakh | Investors: an individual |
| May 2021 | Funding round | ₹20 Lakh | Investors: 2 individuals |
| Nov 2020 | Rights issue | ₹15 Lakh | Investors: an individual |
| Mar 2009 | Funding round | ₹50 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
True Wall Specialities Private Limited has 23 court cases on record: 2 filed by True Wall Specialities, 21 filed against it. 2 cases are pending and 21 are disposed.
Total cases
23
Filed by the company
2
Filed against the company
21
Pending
2
Disposed
21
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 18 | 2 |
| High courts | 3 | 2 | 0 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed against the company by Agarvanshi Aluminium and Infra Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed against the company by Eurobond Industries Pvt. Ltd. | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Agarvanshi Aluminium and Infra Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Agarvanshi Aluminium and Infra Limited | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Religare Finvest Ltd | Disposed |
To see the full case history of True Wall Specialities 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
True Wall Specialities Private Limited has 18 MSME Form 1 returns on record between 2014 and 2024, listing 2,261 overdue payments to 49 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 49)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| All Arch India Private Limited | |||
| Avon Tuff Glass Private Limited | |||
| Santech Industries | |||
| an individual supplier |
To see the full MSME payment records of True Wall Specialities Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
True Wall Specialities has 12 GST registrations: 8 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
12
Active
8
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCT6714B1ZM | Maharashtra | Active | 01 Jul 2017 |
| 06AACCT6714B1ZQ | Haryana | Active | 01 Jul 2017 |
| 29AACCT6714B1ZI | Karnataka | Active | 01 Jul 2017 |
| 33AACCT6714B1ZT | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of True Wall Specialities Private Limited, buy the company report.
Recent activity
True Wall Specialities Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Harpreet Singh Harinder Singh Marwah was appointed as Director on 14 May 2007.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 101110900 was registered on 02 May 2025.
AGM
True Wall Specialities Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
True Wall Specialities Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.17 Cr with Charge ID 100908865 was registered on 17 Feb 2024.
Charges
A charge with Others amounted to Rs. 13.00 Cr with Charge ID 100778965 was registered on 10 Aug 2023.
Charges
A charge with Standard Chartered Bank amounted to Rs. 1.00 Cr with Charge ID 100672489 was registered on 23 Jan 2023.
Charges
A charge with Standard Chartered Bank of Rs. 12.95 Cr registered on 29 Jun 2010 with Charge ID 10255721 was modified on 11 Feb 2020.
Charges
A charge registered on 13 Jun 2007 via Charge ID 10132777 with State Bank Of Hyderabad was fully satisfied on 14 Jul 2011.
Charges
A charge with Standard Chartered Bank amounted to Rs. 12.95 Cr with Charge ID 10255721 was registered on 29 Jun 2010.
Charges
A charge with State Bank Of Hyderabad of Rs. 8.50 Cr registered on 13 Jun 2007 with Charge ID 10132777 was modified on 09 Mar 2010.
Charges
A charge with State Bank Of Hyderabad amounted to Rs. 8.50 Cr with Charge ID 10132777 was registered on 13 Jun 2007.
Appointed
Harpreet Singh Harinder Singh Marwah was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
True Wall Specialities is an active private limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 14 May 2007 (19+ years old) and is registered under CIN U36990MH2007PTC170792.
True Wall Specialities has 2 current directors:
- Harpreet Singh Harinder Singh Marwah - Director
- Manpreet Kaur Harpreetsingh Marwah - Director
The latest financial statements of True Wall Specialities on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of True Wall Specialities is 27AACCT6714B1ZM, registered in Maharashtra. The company has 12 GST registrations in all, of which 8 are active and 4 are cancelled or inactive. Other active GSTINs include 06AACCT6714B1ZQ (Haryana), 29AACCT6714B1ZI (Karnataka), 33AACCT6714B1ZT (Tamil Nadu).
The CIN (Corporate Identification Number) of True Wall Specialities is U36990MH2007PTC170792. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Wall Specialities has 23 court cases on record: 2 filed by the company and 21 filed against it. 2 are pending. Most are in the district courts.
True Wall Specialities was incorporated on 14 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
True Wall Specialities has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹90 Lakh; the latest was in December 2022.
Harpreet Singh Harinder Singh Marwah was appointed as Director on 14 May 2007. Manpreet Kaur Harpreetsingh Marwah was appointed as Director on 14 May 2007.
Yes, True Wall Specialities is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0065516).
True Wall Specialities has 18 MSME Form 1 returns on record between 2014 and 2024, listing 2,261 overdue payments to 49 micro and small suppliers. The latest return was filed on 03 May 2024.