True Credits Private Limited - Company overview

Registered with ROC Delhi on 5 September 2017, True Credits is an active private limited company that has been around for about 9 years.

2017-09-05 Gurgaon, Haryana Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹500–1000 Cr
▲ 80.7%
FY 2024
PROFIT / LOSS
₹25–50 Cr
▲ 130.0%
FY 2024
EBITDA
₹100–500 Cr
▲ 109.1%
FY 2024
NET WORTH
₹100–500 Cr
▲ 44.0%
FY 2024
TOTAL ASSETS
₹500–1000 Cr
▲ 111.4%
FY 2024
EMPLOYEE COUNT
91–100
OPEN CHARGES
65
1,435.40 cr
PAID-UP CAPITAL
20.38 cr
AUTHORISED CAPITAL
21.60 cr
COMPANY AGE
9 Years 2 Months
since 2017-09-05
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-08-27
ACTIVE GST
1
Updated: 2023-02-27 01:52:19
TOTAL MONEY RAISED
₹100–500 Cr
SATISFIED CHARGES
134
896.70 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for True Credits covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
84/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (81), financial health (90), director (85) and company-foundation signals.
  • Operating for 9 years.
Compliance Score Low risk
81/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Low risk
90/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2024.
  • Positive net worth.
Director Risk Score Low risk
85/100
Board strength, DIN status and churn.
  • 7 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About True Credits Company identity, industry, contact, and registration details from MCA and company records.

Registered with ROC Delhi on 5 September 2017, True Credits is an active private limited company that has been around for about 9 years. Its registered office is at Huda City Centre Metro Station 5Th Floor, Sector - 29, Gurgaon, Haryana.

Its filings describe the main line of business as other financial activities, which made up 100% of turnover.

It has seven directors: Reeva Kalra, Vishal Bhatia, Shunmugam Sundararaj and 4 others. The longest-serving is Cheolwon Lee, on the board since 2017; the most recent to join is Anupam Vasdani, appointed in December 2025. Vishal Bhatia is the managing director. Six former directors are on record; the most recent to leave was Sangwon Kim in April 2021.

Paid-up capital stands at ₹20.38 crore out of ₹21.6 crore authorised. The last AGM on record was on 27 August 2025, for accounts made up to 31 March 2025. 65 charges (secured loans) are still open, and 134 more have been paid off.

Financial Services •••••••• ••••••••
  • Location Huda City Centre Metro Station 5Th Floor, Sector - 29, Gurgaon, Haryana - 122001
  • Website truecredits.in
YouTube
Legal NameTrue Credits Private Limited
CIN / LLPINU65190HR2017PTC070653
Company No.070653
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2017-09-05
Date of AGM2025-08-27
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Delhi
Credit RatingBBB- (Care)
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of True Credits (7) Current board members from MCA filings, including designation and appointment details.

R
Reeva Kalra
Company Secretary | Since 2021-06-30
V
Vishal Bhatia
Managing Director | Since 2020-11-14 | DIN: 08718781
S
Shunmugam Sundararaj
Director | Since 2021-05-28 | DIN: 08090177
C
Cheolwon Lee
Managing Director | Since 2017-09-05 | DIN: 01795274
P
Padmaja Makarand Parange
Director | Since 2024-09-01 | DIN: 10570615
A
Anand Jethalia
Director | Since 2024-08-01 | DIN: 10697316

Financial Performance of True Credits Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2024
Revenue ₹500–1000 Cr ▲ 80.7%
P&L ₹25–50 Cr ▲ 130.0%
EBITDA ₹100–500 Cr ▲ 109.1%
Net worth ₹100–500 Cr ▲ 44.0%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

Charges of True Credits Open and satisfied charges registered against the company with MCA.

Others : 118.00 cr
Open Charges: 65 Satisfied Charges: 134
Open 1,435.40 cr
Satisfied 896.70 cr
LenderAmountStatus
Others
Creation Date: 25 Nov 2025
 25.00 cr Open
Others
Creation Date: 03 Nov 2025
 35.00 cr Open
Others
Creation Date: 29 Oct 2025
 12.00 cr Open

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Financial and insurance ServiceOther financial activities100

Financial Ratios of True Credits Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

7 years of ratios on record

Profitability, leverage and liquidity ratios require an active report plan.

Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of True Credits Ownership and contribution detail from filings. Full breakdown unlocks with your report.

6 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at True Credits EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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 True Credits GST registrations and filing status by state. Full compliance detail unlocks with your report.

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 True Credits Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

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 True Credits MSME supplier payment delays and filing history. Full amounts unlock with your report.

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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MCA Filings & Documents of True Credits Official MCA forms, returns, and filing index. Document access unlocks with your report.

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

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Frequently Asked Questions about True Credits Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of True Credits?
MCA does not publish an "owner" field. True Credits is run by its directors, Reeva Kalra, Vishal Bhatia, Shunmugam Sundararaj and four others, with Vishal Bhatia as managing director. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of True Credits?
True Credits has seven current directors: Reeva Kalra (since June 2021), Vishal Bhatia (since November 2020), Shunmugam Sundararaj (since May 2021), Cheolwon Lee (since September 2017), Padmaja Makarand Parange (since September 2024) and Anand Jethalia (since August 2024), plus 1 more. Vishal Bhatia is the managing director.
What is CIN of True Credits?
The CIN of True Credits is U65190HR2017PTC070653. Reading it left to right: U means it is not listed, 65190 is the industry code it registered under, HR is Haryana, 2017 is the year it was registered, PTC is the company type and 070653 is its registration number.
When was True Credits incorporated?
True Credits was incorporated on 5 September 2017 with ROC Delhi. That makes it about 9 years old.
What is the registered address of True Credits?
The registered office on MCA records is Huda City Centre Metro Station 5Th Floor, Sector - 29, Gurgaon, Haryana - 122001.
What is the current status of True Credits?
MCA shows True Credits as Active, and its last AGM on record was in August 2025.
What is the contact number or email for True Credits?
You can post to its registered office at Huda City Centre Metro Station 5Th Floor, Sector - 29, Gurgaon, Haryana - 122001 and use its website, https://truecredits.in.
What industry or business activity is True Credits associated with?
Its MCA filings list the main business as other financial activities (100% of turnover).
What is paid-up capital and authorised share capital of True Credits?
Paid-up capital is ₹20.38 crore and authorised capital is ₹21.6 crore, so about 94% of the authorised amount has been issued.
When did True Credits last file accounts and hold an AGM?
The last AGM on record was on 27 August 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for True Credits?
65 charges against True Credits are still open and 134 have been satisfied.
Have any directors left True Credits?
Yes, six former directors are on record. The most recent to leave were Sangwon Kim (April 2021), Kyoo Sung Choi (November 2020) and Anil Kumar Gupta (October 2020).
What is the turnover or revenue of True Credits?
Based on filed financial statements, the revenue of True Credits for FY 2024 was in the ₹500–1000 Cr range. That is up 80.7% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of True Credits?
For FY 2024, the net worth of True Credits was in the ₹100–500 Cr range.
How can I get the financial details of True Credits?
The latest accounts on record are for FY 2024. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of True Credits?
The website on record for True Credits is https://truecredits.in.
Which company owns truecredits.in?
truecredits.in is the website listed for True Credits Private Limited in its company records.
True Credits - is it listed or unlisted?
True Credits is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of True Credits?
True Credits is registered with ROC Delhi.
What is the company classification of True Credits?
MCA classifies True Credits as: Private Limited Indian Non-Government Company.
Does True Credits have GST registrations on file?
Yes, one active GST registration is linked to True Credits.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.