- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-30-0001334

About Tru-Sprag Freewheels Private Limited
Data last updated:
Tru-Sprag Freewheels Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 28 December 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U32202MH1995PTC095666. Its GSTIN is 27AACCS5253Q1ZS (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹49.72 Lakh. It was formerly known as Stieber Precision Private Limited. It is led by directors including Omkar Balkrishna Joshi and Balkrishna Vinayak Joshi.
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 Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.83 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹3.47 Cr (net margin 39.3%) and EBITDA of ₹4.98 Cr (EBITDA margin 56.4%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 2% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹98 Lakh on record.
Tru-Sprag Freewheels Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-30-0001334). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website trusprag.com.
Recognitions & Rankings of Tru-Sprag Freewheels
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFlat No 403 Ushakiran 2128 2126A, Vijayanagar Colony Sadashiv Peth, Pune, Maharashtra, India – 411030
- IndustryAutomotive, Auto Parts & Components
- 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
Business Activity
The main business activity of Tru-Sprag Freewheels is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Tru-Sprag Freewheels Private Limited
FY 2024 filings availableTru-Sprag Freewheels Private Limited reported revenue of ₹8.83 Cr (up 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 8% 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 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| 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 | ₹4.98 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹3.47 Cr | |
| 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 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 56.4% | |
| Net Profit Margin | 39.3% | |
| 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, and every line for FY 2019-20 to FY 2022-23, 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 Tru-Sprag Freewheels are in the company report.
: available in the company report
Board of Directors of Tru-Sprag Freewheels Private Limited
Tru-Sprag Freewheels has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Omkar Balkrishna Joshi | Director | 23 Oct 2008 | 17 Years 11 Months | Current |
| Balkrishna Vinayak Joshi | Director | 23 Oct 2008 | 17 Years 11 Months | Current |
| Vidula Ramdas Joshi | Director | 22 Nov 2021 | 4 Years 11 Months | Current |
| Ramdas Vinayak Joshi | Director | 10 Jan 1996 | 30 Years 9 Months | Current |
Auditor Details
Tru-Sprag Freewheels Private Limited is audited by V. G. Dadhe & Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V. G. Dadhe & Co. | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Mar 2020 | State Bank of India | ₹98 Lakh | Open |
Total charge records: 1 View all charges
MSME Payment Delays
Tru-Sprag Freewheels Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 10 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Atc Global Logistics Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
: available in the company report
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance
Tru-Sprag Freewheels Private Limited has a workforce of 35 employees as of Mar 30, 2024.
: available in the company report
Recent Activity
Tru-Sprag Freewheels Private Limited has 10 board changes on record since 1996: 4 appointments and 6 cessations. The latest: Anjali Shrikant Joshi ceased to be Director on 07 Feb 2024.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Tru-Sprag Freewheels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCS5253Q1ZS | Maharashtra | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Tru-Sprag Freewheels is an active private limited company based in Pune, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 28 December 1995 (31+ years old) and is registered under CIN U32202MH1995PTC095666.
Tru-Sprag Freewheels has 4 current directors:
- Omkar Balkrishna Joshi - Director
- Balkrishna Vinayak Joshi - Director
- Vidula Ramdas Joshi - Director
- Ramdas Vinayak Joshi - Director
The latest financial statements of Tru-Sprag Freewheels 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 Tru-Sprag Freewheels is 27AACCS5253Q1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Tru-Sprag Freewheels is U32202MH1995PTC095666. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tru-Sprag Freewheels was incorporated on 28 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Pune.
Anjali Shrikant Joshi ceased to be Director on 07 Feb 2024. Manjiri Uday Tembe ceased to be Director on 07 Feb 2024. Vidula Ramdas Joshi was appointed as Director on 22 Nov 2021. Tru-Sprag Freewheels has 10 board changes on record in total.
Yes, Tru-Sprag Freewheels is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-30-0001334).
Tru-Sprag Freewheels has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 10 overdue payments to 3 micro and small suppliers. The latest return was filed on 28 May 2019.
Tru-Sprag Freewheels can be reached through the website trusprag.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Tru-Sprag Freewheels is at Flat No 403 Ushakiran 2128 2126A, Vijayanagar Colony Sadashiv Peth, Pune, Maharashtra, India – 411030.