
About True Eon Solutions Private Limited
Data last updated:
True Eon Solutions Private Limited was a private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Mgage India Private Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT services segment of the services sector. It was incorporated on 08 April 2015.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2015PTC100002.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Christopher M Manfre and Krishnamurthy Uma Maheswari.
Its last annual general meeting (AGM) was held on 07 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Unit 7&8 I Floor Pinnacle Building Acendas IT Park Csir Road Taramani, Chennai, Tamil Nadu, India – 600113.
The last known website on record is mgageindia.com.
Company details
Contact details
True Eon Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is mgageindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit 7&8 I Floor Pinnacle Building Acendas IT Park Csir Road Taramani, Chennai, Tamil Nadu, India – 600113
- IndustryService, Information Technology Services
To see the full contact details of True Eon Solutions Private Limited, buy the company report.
- 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
Financials of True Eon Solutions Private Limited
FY 2020 filings availableFinancial Statement Summary
| Metrics | 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 | ||
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ||
| 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 2016-17 | FY 2015-16 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | ||
| Net Profit Margin | ||
| 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 | ||
To see the full financial statements and ratios of True Eon Solutions Private Limited, buy the company report.
Board of directors of True Eon Solutions Private Limited
True Eon Solutions 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 |
|---|---|---|---|---|
| Christopher M Manfre | Director | 04 Jun 2019 | 7 Years 5 Months | As last reported |
| Krishnamurthy Uma Maheswari | Director | 04 Jun 2019 | 7 Years 5 Months | As last reported |
| Jayeshkumar Sheth | Director | 08 Apr 2015 | 11 Years 7 Months | As last reported |
Auditor
True Eon Solutions Private Limited is audited by MANOHAR CHOWDHRY & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOHAR CHOWDHRY & ASSOCIATES | FY 2017 | 01997S |
Shareholding
The shareholding of True Eon Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of True Eon Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving True Eon Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for True Eon Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for True Eon Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
True Eon Solutions Private Limited has 8 board changes on record since 2015: 3 appointments and 5 cessations. The latest: Sidhant Sachdev ceased to be Director on 06 Feb 2020.
Frequently asked questions
True Eon Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
True Eon Solutions was a private limited company based in Chennai, Tamil Nadu, India. The company worked in information technology services, within the service industry. It was incorporated on 08 April 2015 and is registered under CIN U72900TN2015PTC100002. The company has been struck off by the Registrar of Companies and is no longer operational.
True Eon Solutions had 3 directors:
- Christopher M Manfre - Director
- Krishnamurthy Uma Maheswari - Director
- Jayeshkumar Sheth - Director
The CIN (Corporate Identification Number) of True Eon Solutions is U72900TN2015PTC100002. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of True Eon Solutions is at Unit 7&8 I Floor Pinnacle Building Acendas IT Park Csir Road Taramani, Chennai, Tamil Nadu, India – 600113.
True Eon Solutions was incorporated on 08 April 2015. It is registered with the Registrar of Companies, Chennai.
True Eon Solutions can be reached through the website mgageindia.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of True Eon Solutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 07 September 2020. Year-wise statements from FY 2016 are in the company report.
True Eon Solutions operated in the service industry, in the information technology services segment. It worked in this industry before it was struck off.
Sidhant Sachdev ceased to be Director on 06 Feb 2020. Christopher M Manfre ceased to be Additional Director on 30 Sep 2019. Krishnamurthy Uma Maheswari ceased to be Additional Director on 30 Sep 2019. True Eon Solutions has 8 board changes on record in total.

