Truevalue Engineering Private Limited - Due diligence report

A 360° intelligence report on Truevalue Engineering Private Limited: trust score, financial health, credit view, compliance, directors, grow…

1999-12-09 Mumbai, Maharashtra Under Cirp Unlisted Active Compliant
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Truevalue Engineering Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
48/100
Trust Score
Caution Indicated

Truevalue Engineering Private Limited is assessed as Caution Indicated with a Trust Score of 48/100. Truevalue Engineering Private Limited is a private limited indian non-government company incorporated in 1999, operating in the Chemicals and Materials sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and moderate financial risk profile.

Report generated on 16 Jul 2026 from the latest processed filings. Truevalue Engineering Private Limited snapshot & full profile →

Financial Health › Good
Overall Assessment CautionWeakNeutralGoodStrong Neutral
Compliance › Caution

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreCaution Indicated
48/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
5/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
55/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
65/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
25/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 65/100 Moderate
  • Liabilities ≈ 38% EBITDA - stretched.
  • No open charges - unencumbered balance sheet.
  • Moderate gearing (D/E 1.42).
  • Working-capital cover adequate.
  • Externally credit-rated (D).

Charges position: 0 open (-) · 1 satisfied (40.55 cr).

Banking relationships (from registered charges)
LenderChargesAmount
State Bank Of India1 48.0 cr
Compliance Score: 5/100 Caution Indicated
  • Company status is "Under Cirp" - not Active.
  • Last balance sheet is for Mar 2019 - filings overdue.
  • Flagged by authority: BANKS.
  • Litigation present in 1 court forum(s).
  • 2 active GST registration(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
RAJENDRAKUMAR NANDLAL CHOUDHARY 01234567 Director 01/04/2018 6 yrs Approved
DEEPAK NIRVAN 01234567 Director 01/04/2018 6 yrs Approved
SUDEEP GUARISHANKAR HANSARIA 01234567 Director 01/04/2018 6 yrs Approved
Megha Agrawal 01234567 Director 01/04/2018 6 yrs Approved
  • 4 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2019 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
3 allotment(s) · 0 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 25
Growth signals & trust indicators
Operating for 26+ years.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
Statutory filings appear overdue.
Adverse company status: Under Cirp.
Compliance score is weak (5/100).
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence24/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 4 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment47/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view47/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
04 Mar 2025
Charge satisfied
State Bank Of India
14 May 2024
Director appointed
Megha Agrawal (IRP/RP/Liquidator)
22 Feb 2021
Director appointed
DEEPAK NIRVAN (Director)
05 Feb 2020
Director ceased
ANKIT RAJENDRA KUMAR CHOUDHARY
04 Feb 2020
Director appointed
SUDEEP GUARISHANKAR HANSARIA (Additional Director)
30 Sep 2019
Last AGM held
Annual general meeting
31 Mar 2019
Latest balance sheet
Filed with ROC
08 Jun 2016
Director ceased
PRATIK RAJENDRAKUMAR CHOUDHARY
05 Jan 2016
Director ceased
GOVRISHANKAR KHYLIRAM HANSARIA
31 Mar 2013
Securities allotted
320000 Equity Shares Without Differential Rights - 32.00 Lakh raised
31 Mar 2012
Securities allotted
200000 Equity Shares Without Differential Rights - 2.00 cr raised
18 Feb 2011
Securities allotted
552500 Equity Shares Without Differential Rights - 5.53 cr raised
15 Nov 2010
Charge created
State Bank Of India - 40.55 cr
09 Dec 1999
Incorporated
Registered with Roc Mumbai
Director appointed
RAJENDRAKUMAR NANDLAL CHOUDHARY (Director)
10

Key Observations

Auto-generated from the data above
Revenue declined 2.1x over the last 4 financial year(s).
Net profit margin moved from 24% to 0.86.
Debt-to-equity stands at 61% - manageable leverage.
Net worth is positive.
4 active director(s) / partner(s); board looks stable and experienced.
2 active GST registration(s) indicate ongoing business operations.
All 1 registered charge(s) stand satisfied - past borrowings repaid.
Carries an external credit rating of D from Icra.
Promoters hold a dominant controlling stake as per the FY 2019 annual return.
Capital has been raised through 3 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Bazzerro India Private Limited U74999HR2017PTC070152 Rewari, Haryana, India
Meghaaarika International Private Limited U66120DL2007PTC168151 New Delhi, Delhi, India
Djs Plastics And Polymers Private Limited U74999DL2017PTC322810 New Delhi, Delhi, India
Valeoservice U50100TN2012PTC084043 Chennai, Tamil Nadu, India
J E Marketing & Services Private Limited U74999MH2014PTC254379 Mumbai, Maharashtra, India
Emirates Multiventures Private Limited U74999MH2015PTC262158 Mumbai, Maharashtra, India
Aikya Infraprojects Private Limited U51909MH2012PTC234086 Thane, Maharashtra, India
Medsource Healthcare Private Limited U51397DL2002PTC116043 New Delhi, Delhi, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Truevalue Engineering Private Limited before audits and certifications: compliance score 5/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Truevalue Engineering Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 65/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 40/100, margin trends, ownership structure and peer set for Truevalue Engineering Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 48/100, distress signals and MSME payment-delay disclosures - know whether Truevalue Engineering Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Truevalue Engineering Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Truevalue Engineering Private Limited an active company?

Truevalue Engineering Private Limited has MCA status “Under Cirp” with a compliance score of 5/100 (Caution Indicated).

Is Truevalue Engineering Private Limited financially healthy?

Truevalue Engineering Private Limited has a Financial Health Score of 55/100 (Moderate) based on its filed financial statements.

Should I do business with Truevalue Engineering Private Limited?

Its overall Trust Score is 48/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Truevalue Engineering Private Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 4 active director(s) are on record.

Does Truevalue Engineering Private Limited have loans or charges against its assets?

No open charges - all 1 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Truevalue Engineering Private Limited up to date with its ROC filings?

Last balance sheet is for Mar 2019 - filings overdue. Overall compliance score: 5/100 (Caution Indicated).

Is it risky to lend to Truevalue Engineering Private Limited?

Its Credit Risk Score is 65/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.