About Truly Creative Developers Private Limited
Data last updated:
Truly Creative Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 12 January 1996.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1996PTC096241. Its GSTIN is 27AABCT0072F1ZO (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.26 Cr. It is led by directors including Rajendra Pandurang Barde (Managing Director) and Narendra Pandurang Barde.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 66 Rajendra Nagardattapada Road Borivali East, Mumbai, Maharashtra, India – 400066.
As per the financials filed for FY 2020, the company reported a revenue of ₹30.95 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹1.42 Cr (net margin -458.9%) and EBITDA of -₹1.34 Cr (EBITDA margin -434%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 39% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹26.9 Cr and satisfied charges of ₹5 Cr on record. Court records list 158 cases involving the company, including 50 filed by the company and 77 filed against it; 40 cases are pending.
The last known website on record is tcdpl.in.
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- Registered Address66 Rajendra Nagardattapada Road Borivali East, Mumbai, Maharashtra, India – 400066
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 Truly Creative Developers Private Limited FY 2020 filings available
Truly Creative Developers Private Limited reported revenue of ₹30.95 Lakh (down 1% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Truly Creative Developers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 1% fall in the latest year. EBITDA fell 33% 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 of Truly Creative Developers Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| 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 | -₹1.34 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.42 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Truly Creative Developers Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -434% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -458.9% | •••• | •••• | •••• | •••• |
| 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 Truly Creative Developers are in the company report.
Financial statements from 2015
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 Truly Creative Developers Private Limited
Truly Creative Developers Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shaista Khalil & Sons Developers Private Limited | ₹30.96 Lakh (FY 2025) | •••• | •••• | -86.0% | •••• | Mumbai, Maharashtra, India |
| Airan Developers Private Limited | ₹30.96 Lakh (FY 2015) | •••• | •••• | 101.0% | •••• | Indore, Madhya Pradesh, India |
| Purandar Construction Private Limited | ₹30.96 Lakh (FY 2024) | •••• | •••• | -58.0% | •••• | Panvel, Maharashtra, India |
| Apmg Infrastructure Private Limited | ₹30.96 Lakh (FY 2020) | •••• | •••• | -21.0% | •••• | Gurgaon, Haryana, India |
| Avanish Developers Private Limited | ₹30.95 Lakh (FY 2025) | •••• | •••• | -78.0% | •••• | Mumbai, Maharashtra, India |
| Truly Creative Developers Private Limited this company | ₹30.95 Lakh (FY 2020) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Fountaingrass Builders Private Limited | ₹30.95 Lakh (FY 2024) | •••• | •••• | -6.0% | •••• | Kolkata, West Bengal, India |
| Ronak Infra Projects Private Limited | ₹30.94 Lakh (FY 2025) | •••• | •••• | -77.0% | •••• | Udaipur, Rajasthan, India |
| Garrison Developers Private Limited | ₹30.94 Lakh (FY 2024) | •••• | •••• | 208.0% | •••• | New Delhi, Delhi, India |
| Kshema Geo Holdings Private Limited | ₹30.93 Lakh (FY 2025) | •••• | •••• | 26.0% | •••• | Bangalore, Karnataka, India |
| Kushi Construction and Interiors Private Limited | ₹30.92 Lakh (FY 2025) | •••• | •••• | -38.0% | •••• | Bengaluru, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Truly Creative Developers by revenue in the Real Estate industry (Builders and Developers), 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 Truly Creative Developers Private Limited
Truly Creative Developers Private Limited is audited by AGARWAL SINGHAL & ASSOCIATES for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AGARWAL SINGHAL & ASSOCIATES | 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 Truly Creative Developers Private Limited
Truly Creative Developers has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Pandurang Barde Also directs: Kalpak Nirman Limited, Radius Consultants LLP | Director | 12 Jan 1996 | 30 Years 8 Months | As last reported |
| Rajendra Pandurang Barde Also directs: Kalpak Nirman Limited | Managing Director | 12 Jan 1996 | 30 Years 8 Months | As last reported |
| Dattatraya Pandurang Barde Also directs: Kalpak Nirman Limited | Director | 12 Jan 1996 | 30 Years 8 Months | As last reported |
Ownership and Shareholding of Truly Creative Developers 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 Truly Creative Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Feb 2022 | Others | ₹2.95 Cr | Open |
| 06 Oct 2021 | Others | ₹1.27 Cr | Open |
| 06 Apr 2021 | Others | ₹1.2 Cr | Open |
| 12 Feb 2020 | Others | ₹95 Lakh | Open |
| 05 Mar 2016 | Others | ₹9 Cr | Open |
Total charge records: 9 View all charges
Legal Cases of Truly Creative Developers Private Limited
Truly Creative Developers Private Limited has 158 court cases on record: 50 filed by Truly Creative Developers, 77 filed against it, 31 where it is another party. 40 cases are pending and 118 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 86 | 21 | 27 |
| District courts | 66 | 51 | 13 |
| NCLAT | 5 | 5 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 158)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (NMA) | Filed against the company by S D Corporation Private Limited | Disposed |
| Bombay High Court | Court case (APP) | Filed against the company by S D Corporation Private Limited | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| Bombay High Court | Writ petition | Filed against the company by an individual | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Samtanagar Co-Operative Housing Society Union Ltd | Pending |
Full case history
All 158 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Truly Creative Developers Private Limited
Truly Creative Developers Private Limited has a workforce of 9 employees as of Apr 07, 2024.
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 Truly Creative Developers Private Limited
Truly Creative Developers Private Limited has 8 board changes on record since 1996: 3 appointments and 5 cessations. The latest: Ashish Ashok Gadkari ceased to be Director on 26 Dec 2011.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Truly Creative Developers 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 Truly Creative Developers 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 Truly Creative Developers 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 Truly Creative Developers Private Limited
Truly Creative Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCT0072F1ZO | Maharashtra | Active | 01 Jul 2017 |
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 Truly Creative Developers 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 Truly Creative Developers Private Limited
Truly Creative Developers is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Truly Creative Developers is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 12 January 1996 and is registered under CIN U70100MH1996PTC096241. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Truly Creative Developers reported revenue of ₹30.95 Lakh for FY 2020 (down 1% YoY).
Truly Creative Developers has 3 current directors:
- Rajendra Pandurang Barde - Managing Director
- Narendra Pandurang Barde - Director
- Dattatraya Pandurang Barde - Director
Truly Creative Developers reported a net loss of ₹1.42 Cr (net margin -458.9%) and EBITDA of -₹1.34 Cr (EBITDA margin -434%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Truly Creative Developers is -63% over three years and -39% over five years. In the latest year (FY 2020) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Truly Creative Developers is U70100MH1996PTC096241. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Truly Creative Developers has open charges of ₹26.9 Cr and satisfied charges of ₹5 Cr as per latest MCA filings.
Truly Creative Developers has 158 court cases on record: 50 filed by the company and 77 filed against it. 40 are pending. Most are in the high courts.
Truly Creative Developers was incorporated on 12 January 1996. It is registered with the Registrar of Companies, Mumbai.
The peers of Truly Creative Developers by revenue are Shaista Khalil & Sons Developers Private Limited, Airan Developers Private Limited, Purandar Construction Private Limited, Apmg Infrastructure Private Limited, Avanish Developers Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).