Indian Company Master Data Made Simple
True Green Bio Energy Limited
Established in 2003, True Green Bio Energy Limited has 22 years of operational experience. Its CIN is L17111GJ2003PLC043354, with registration number 43354. The company is classified as company limited by shares. Authorized capital of the company is recorded at ₹45.00 crore. Its paid up capital is ₹32.96 crore.
Its primary business activity involves manufacture of textiles. The firm’s place of registration is Ahmedabad. The firm’s incorporation address reads Survey No. 396 (p), 395/4 (p), Moraiya Village, Sarkhej - Bavla Highway, Tal. Sanand, Ahmedabad, Gujarat, India, 382210. It is an active company at present. Its LEI code is registered as 3358005EI57V5CM1M293. Its primary communication email is investorgrievancescil.nova@chiripalgroup.com. The executive leadership listing includes Satish Ravishanker Bhatt (CFO) and Shashank Paranjape (CEO).
Company Overview
- CIN
- Date of Incorporation
- 16/12/2003
- Company Status
- Active
- RoC
- Ahmedabad
- Registration Number
- Balance sheet date
- 31/03/2024
- Company Category
- Company limited by shares
- Company Sub Category
- Non-government company
- Listed in Stock Exchange
- Yes
- Class of Company
- Public Limited Company
- LEI Number
- LEI Status
- Issued
- Authorized Capital
- ₹45,00,00,000.00
- Paid up Capital
- ₹32,95,71,430.00
- Activity
- Manufacture Of Textiles
- investorgrievancescil.nova@chiripalgroup.com
- PAN
ISIN Numbers
| ISIN | Security | Interest Rate | Maturity Date | FISN | CFI |
|---|---|---|---|---|---|
| INE672K01025 | TRUE GREEN BIO ENERGY LIMITED EQ NEW FV RS. 10/- | - | 12/10/2026 | TRUE GREEN/SH VTG | ESVUFN |
| IN8672K01024 | TRUE GREEN BIO ENERGY LIMITED EQ NEW FV RS. 10/-LISTING/TRADG APRVL AWAITED | - | 12/10/2026 | TRUE GREEN/SH VTG | ESVUFN |
Balance Sheet
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Net PPE | ₹34,589.54L | ₹27,358.82L | ₹10,351.56L | ₹5,836.94L | ₹0.00L |
| Net Debt | ₹32,124.70L | ₹17,080.17L | ₹1,698.82L | ₹7.39L | ₹0.00L |
| Gross PPE | ₹34,589.54L | ₹28,217.81L | ₹11,551.30L | ₹6,564.24L | ₹0.00L |
| Inventory | ₹3,916.20L | ₹292.72L | ₹128.26L | ₹207.64L | ₹0.00L |
| Total Debt | ₹34,033.49L | ₹17,360.01L | ₹1,758.01L | ₹22.21L | ₹0.00L |
| Common Stock | ₹3,295.71L | ₹2,992.14L | ₹2,710.00L | ₹2,710.00L | ₹0.00L |
| Current Debt | ₹11,308.49L | ₹2,122.09L | ₹1,751.77L | ₹9.13L | ₹0.00L |
| Share Issued | ₹329.57L | ₹299.21L | ₹271.00L | ₹271.00L | ₹0.00L |
| Total Assets | ₹55,773.67L | ₹31,225.94L | ₹11,182.90L | ₹9,071.55L | ₹0.00L |
| Capital Stock | ₹3,295.71L | ₹2,992.14L | ₹2,710.00L | ₹2,710.00L | ₹0.00L |
| Long Term Debt | ₹22,725.00L | ₹15,237.92L | ₹6.24L | ₹13.08L | ₹0.00L |
| Current Assets | ₹19,740.18L | ₹3,857.32L | ₹668.59L | ₹1,024.01L | ₹0.00L |
| Working Capital | ₹3,049.57L | -₹537.71L | -₹1,634.12L | ₹756.98L | ₹0.00L |
| Invested Capital | ₹49,925.68L | ₹28,952.99L | ₹10,631.96L | ₹8,813.64L | ₹0.00L |
| Other Properties | ₹34,026.73L | ₹335.27L | ₹650.82L | ₹5,832.46L | ₹0.00L |
| Common Stock Equity | ₹15,892.19L | ₹11,592.98L | ₹8,873.95L | ₹8,791.43L | ₹0.00L |
| Net Tangible Assets | ₹15,882.40L | ₹11,592.98L | ₹8,867.98L | ₹8,791.43L | ₹0.00L |
| Tangible Book Value | ₹15,882.40L | ₹11,592.98L | ₹8,867.98L | ₹8,791.43L | ₹0.00L |
| Current Liabilities | ₹16,690.61L | ₹4,395.03L | ₹2,302.71L | ₹267.03L | ₹0.00L |
| Long Term Provisions | ₹8.57L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Stockholders Equity | ₹15,892.19L | ₹11,592.98L | ₹8,873.95L | ₹8,791.43L | ₹0.00L |
| Other Equity Interest | ₹12,596.48L | ₹962.77L | ₹6,163.95L | ₹6,081.45L | ₹0.00L |
| Total Capitalization | ₹38,617.19L | ₹26,830.90L | ₹8,880.19L | ₹8,804.51L | ₹0.00L |
| Ordinary Shares Number | ₹329.57L | ₹299.21L | ₹271.00L | ₹271.00L | ₹0.00L |
| Other Non Current Assets | ₹1,260.57L | ₹846.13L | ₹1,793.69L | -₹1.25L | ₹0.00L |
| Total Non Current Assets | ₹36,033.48L | ₹27,368.61L | ₹10,514.32L | ₹8,047.53L | ₹0.00L |
| Cash And Cash Equivalents | ₹1,908.79L | ₹279.84L | ₹59.19L | ₹14.82L | ₹0.00L |
| Construction In Progress | ₹562.81L | ₹21,694.02L | ₹4,221.65L | ₹4.48L | ₹0.00L |
| Other Short Term Investments | ₹1,996.91L | ₹34.24L | ₹205.51L | ₹152.86L | ₹0.00L |
| Goodwill And Other Intangible Assets | ₹9.79L | ₹0.00L | ₹5.97L | ₹0.00L | ₹19.64L |
| Total Equity Gross Minority Interest | ₹15,892.19L | ₹11,592.98L | ₹8,873.95L | ₹8,791.43L | ₹0.00L |
| Total Liabilities Net Minority Interest | ₹39,881.48L | ₹19,632.96L | ₹2,308.95L | ₹280.12L | ₹0.00L |
| Current Debt And Capital Lease Obligation | ₹11,308.49L | ₹2,122.09L | ₹1,751.77L | ₹9.13L | ₹0.00L |
| Long Term Debt And Capital Lease Obligation | ₹22,725.00L | ₹15,237.92L | ₹6.24L | ₹13.08L | ₹0.00L |
| Cash Cash Equivalents And Short Term Investments | ₹3,905.70L | ₹314.08L | ₹59.19L | ₹14.82L | ₹0.00L |
| Total Non Current Liabilities Net Minority Interest | ₹23,190.87L | ₹15,237.93L | ₹6.24L | ₹13.09L | ₹0.00L |
Cash Flow
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Free Cash Flow | -₹14,224.07L | -₹18,836.05L | -₹3,810.59L | ₹1,989.72L | ₹0.00L |
| Changes In Cash | ₹1,628.95L | ₹220.65L | ₹44.37L | ₹12.22L | ₹0.00L |
| End Cash Position | ₹1,908.79L | ₹279.84L | ₹59.19L | ₹14.82L | ₹0.00L |
| Financing Cash Flow | ₹16,763.26L | ₹18,515.08L | ₹1,370.96L | -₹2,751.39L | ₹0.00L |
| Investing Cash Flow | -₹10,452.57L | -₹15,180.91L | -₹1,589.92L | ₹327.13L | ₹0.00L |
| Operating Cash Flow | -₹4,681.74L | -₹3,113.52L | ₹263.33L | ₹2,436.48L | ₹0.00L |
| Capital Expenditure | -₹9,542.33L | -₹15,722.53L | -₹4,073.92L | -₹446.76L | ₹0.00L |
| Beginning Cash Position | ₹279.84L | ₹59.19L | ₹14.82L | ₹2.60L | ₹0.00L |
| Issuance Of Capital Stock | ₹1,162.23L | ₹2,937.77L | ₹0.00L | ₹0.00L | ₹0.00L |
Income Statement
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| EBIT | ₹5,479.41L | -₹113.34L | -₹338.83L | -₹146.96L | ₹0.00L |
| EBITDA | ₹6,103.11L | ₹40.76L | -₹147.30L | ₹284.15L | ₹0.00L |
| Basic EPS | ₹0.00L | -₹0.00L | ₹0.00L | -₹0.00L | ₹0.00L |
| Net Income | ₹3,132.95L | -₹219.23L | ₹81.49L | -₹593.15L | ₹0.00L |
| Diluted EPS | ₹0.00L | -₹0.00L | ₹0.00L | -₹0.00L | ₹0.00L |
| Gross Profit | ₹10,533.69L | ₹387.87L | ₹0.00L | ₹0.00L | ₹6,610.07L |
| Pretax Income | ₹4,199.54L | -₹121.72L | -₹340.45L | -₹146.96L | ₹0.00L |
| Tax Provision | ₹1,066.59L | ₹0.00L | -₹16.12L | ₹0.00L | ₹0.00L |
| Total Revenue | ₹28,369.76L | ₹2,329.27L | ₹0.00L | ₹0.00L | ₹0.00L |
| Cost Of Revenue | ₹17,836.07L | ₹1,941.40L | ₹0.00L | ₹0.00L | ₹22,980.51L |
| Total Expenses | ₹22,921.61L | ₹2,455.77L | ₹365.13L | ₹154.85L | ₹0.00L |
| Interest Expense | ₹1,279.87L | ₹8.38L | ₹1.62L | ₹0.00L | ₹0.00L |
| Operating Income | ₹5,448.15L | -₹126.50L | -₹365.13L | -₹154.85L | ₹0.00L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized EBITDA | ₹6,103.11L | ₹40.76L | -₹147.30L | ₹284.15L | ₹0.00L |
| Normalized Income | ₹3,132.95L | -₹121.72L | -₹324.32L | -₹146.96L | ₹0.00L |
| Operating Expense | ₹5,085.54L | ₹514.37L | ₹365.13L | ₹154.85L | ₹0.00L |
| Operating Revenue | ₹28,369.76L | ₹2,329.27L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Interest Income | -₹1,279.87L | -₹8.38L | ₹24.68L | ₹7.89L | ₹0.00L |
| Basic Average Shares | ₹327.03L | ₹277.51L | ₹271.00L | ₹271.00L | ₹0.00L |
| Diluted Average Shares | ₹327.03L | ₹277.51L | ₹271.00L | ₹271.00L | ₹0.00L |
| Other Operating Expenses | ₹3,609.92L | ₹227.11L | ₹67.67L | ₹25.92L | ₹0.00L |
| Reconciled Depreciation | ₹623.70L | ₹154.10L | ₹191.53L | ₹431.11L | ₹0.00L |
| Reconciled Cost Of Revenue | ₹17,836.07L | ₹1,941.40L | ₹0.00L | ₹0.00L | ₹22,980.51L |
| Tax Effect Of Unusual Items | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Interest Expense Non Operating | ₹1,279.87L | ₹8.38L | ₹1.62L | ₹0.00L | ₹0.00L |
| Net Income Common Stockholders | ₹3,132.95L | -₹219.23L | ₹81.49L | -₹593.15L | ₹0.00L |
| Net Income Continuous Operations | ₹3,132.95L | -₹121.72L | -₹324.33L | -₹146.96L | ₹0.00L |
| Diluted NIAvailto Com Stockholders | ₹3,132.95L | -₹219.23L | ₹81.49L | -₹593.15L | ₹0.00L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Non Operating Interest Income Expense | -₹1,279.87L | -₹8.38L | ₹24.68L | ₹7.89L | ₹0.00L |
| Net Income Including Noncontrolling Interests | ₹3,132.95L | -₹219.23L | ₹81.48L | -₹593.15L | ₹0.00L |
| Net Income From Continuing And Discontinued Operation | ₹3,132.95L | -₹219.23L | ₹81.49L | -₹593.15L | ₹0.00L |
| Net Income From Continuing Operation Net Minority Interest | ₹3,132.95L | -₹121.72L | -₹324.32L | -₹146.96L | ₹0.00L |
Company Performance (FY25–FY26)
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 17/12/2003 | Jyotiprasad Devkinandan Chiripal | 00155695 | Director | View other directorships |
| 05/10/2009 | Murlimanohar Raghunandan Goyal | 02329431 | Director | View other directorships |
| 06/08/2014 | Satish Ravishanker Bhatt | *****7745E | CFO | |
| 13/08/2016 | Chinar Rajkumar Jethwani | 07141393 | Director | View other directorships |
| 14/09/2020 | Pooja Smit Shah | 07441428 | Director | View other directorships |
| 14/09/2020 | Chintan Kanaiyalal Patel | 07243695 | Director | View other directorships |
| 12/11/2021 | Shashank Paranjape | *****5208Q | CEO | |
| 15/01/2024 | Rajan Srivastava | 10461210 | Whole-time director | View other directorships |
Business Network
Directors 8
- Rajan SrivastavaWhole-time director
- Chintan Kanaiyalal PatelDirector
- Pooja Smit ShahDirector
- Chinar Rajkumar JethwaniDirector
- Murlimanohar Raghunandan GoyalDirector
- Jyotiprasad Devkinandan ChiripalDirector
- Shashank ParanjapeCEO
- Satish Ravishanker BhattCFO
Latest Documents
| Date | Title | Size |
|---|---|---|
| 04/11/2024 | Form MGT-7-04112024_signed | - |
| 21/10/2024 | Form AOC-4(XBRL)-21102024_signed | - |
| 17/10/2024 | Form MGT-7-17102024 | - |
| 22/07/2024 | Form Addendum to AOC-4 CSR-22072024 | - |
| 08/02/2024 | Form MGT-7-08022024_signed | - |
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Address
Frequently Asked Questions
The current board member of True Green Bio Energy Limited are:
- Jyotiprasad Devkinandan Chiripal
- Murlimanohar Raghunandan Goyal
- Chinar Rajkumar Jethwani
- Pooja Smit Shah
- Chintan Kanaiyalal Patel
- Rajan Srivastava