Trueworth Properties Private Limited
About Trueworth Properties Private Limited
Data last updated:
Trueworth Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 30 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70101MH2004PTC146032. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kiran Omprakash Goenka and Sucheta Omprakash Goenka.
Its last annual general meeting (AGM) was held on 28 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 208 Parvati Ind Estatesun Mill Compound Lower Parel (W), Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2016, the company reported a revenue of ₹12 Lakh. For the same year it recorded a net loss of ₹4.13 Lakh (net margin -34.4%) and EBITDA of ₹11.28 Lakh (EBITDA margin 94%).
As per MCA filings, the company has open charges of ₹60.93 Cr and satisfied charges of ₹5.7 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Trueworth Properties Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address208 Parvati Ind Estatesun Mill Compound Lower Parel (W), Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Trueworth Properties Private Limited, buy the company report.
- 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
Business activity
The main business activity of Trueworth Properties is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Trueworth Properties Private Limited, buy the company report.
Financials of Trueworth Properties Private Limited
FY 2016 filings availableTrueworth Properties Private Limited reported revenue of ₹12 Lakh for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹12 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹11.28 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹4.13 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 94% | |
| Net Profit Margin | -34.4% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
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| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
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| Receivable Days | ||
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| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Trueworth Properties Private Limited, buy the company report.
Board of directors of Trueworth Properties Private Limited
Trueworth Properties has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Omprakash Goenka Also directs: Scenic Builders Private Limited, Ecoscapes International Private Limited, Edifice Properties Private Limited and 1 more | Director | 20 Jan 2014 | 12 Years 9 Months | Current |
| Sucheta Omprakash Goenka Also directs: Ecoscapes International Private Limited, D.Square Solutions Private Limited, Wisteria Hotels Private Limited and 3 more | Director | 30 Apr 2004 | 22 Years 5 Months | Current |
Auditor
Trueworth Properties Private Limited is audited by KATARUKA & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KATARUKA & ASSOCIATES | FY 2016 | 131729W |
Shareholding
The shareholding of Trueworth Properties Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Trueworth Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Dec 2013 | 10469833 | Shrimant Malojiraje Sahakari Bank Limited | ₹1.05 Cr | Open | |
| 08 Nov 2011 | 10325766 | Axis Bank Ltd | ₹8.12 Cr | Open | |
| 24 May 2007 | 10055275 | Axis Bank Ltd | ₹47.5 Cr | Open | |
| 24 May 2007 | 10058138 | Uti Bank Ltd | ₹4.26 Cr | Open | |
| 08 May 2008 | 10106135 | Shrimant Malojiraje Sahakari Bank Ltd. | ₹1.4 Cr | Satisfied |
To see the full charge records of Trueworth Properties Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Trueworth Properties 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 Trueworth Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Trueworth Properties has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Trueworth Properties Private Limited, buy the company report.
Recent activity
Trueworth Properties Private Limited has 5 board changes on record since 2004: 2 appointments and 3 cessations. The latest: Kiran Omprakash Goenka ceased to be Director on 11 Apr 2022.
6 earlier events are in the company report.
Frequently asked questions
Trueworth Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 30 April 2004 (22+ years old) and is registered under CIN U70101MH2004PTC146032.
Trueworth Properties has 2 current directors:
- Kiran Omprakash Goenka - Director
- Sucheta Omprakash Goenka - Director
The latest financial statements of Trueworth Properties on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 28 September 2016. Year-wise statements from 2015 are in the company report.
No. Trueworth Properties has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Trueworth Properties is U70101MH2004PTC146032. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trueworth Properties was incorporated on 30 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Kiran Omprakash Goenka ceased to be Director on 11 Apr 2022. Sucheta Omprakash Goenka ceased to be Director on 11 Apr 2022. Omprakash Basantlal Goenka ceased to be Director on 23 Mar 2015. Trueworth Properties has 5 board changes on record in total.
The registered office of Trueworth Properties is at 208 Parvati Ind Estatesun Mill Compound Lower Parel W, Mumbai, Maharashtra, India – 400013.
Trueworth Properties operates in the financial services industry, in the real estate financing segment.
Trueworth Properties has open charges of ₹60.93 Cr and satisfied charges of ₹5.7 Cr as per latest MCA filings.