True Mantra Solutions Private Limited
About True Mantra Solutions Private Limited
Data last updated:
True Mantra Solutions Private Limited is a private limited company based in Kolkata, West Bengal, India. The company is currently classified as dormant under Section 455 of the Companies Act - it is legally registered but has declared that it is not conducting any business operations. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 13 May 2016.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U72900WB2016PTC215745. Its GSTIN is 19AAFCT7409N1ZP (West Bengal).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Ravi Churiwala and Amar Sharma Chandra.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 6 Park Side Road 3rd Floor, Kolkata, West Bengal, India – 700026.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.07 Cr. For the same year it recorded a net loss of ₹31.4 Lakh (net margin -15.2%) and EBITDA of -₹28.43 Lakh (EBITDA margin -13.8%).
The company has about 4 employees on its provident fund (EPFO) records.
Company details
Contact details
True Mantra Solutions Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address6 Park Side Road 3rd Floor, Kolkata, West Bengal, India – 700026
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of True Mantra 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
Business activity
The main business activity of True Mantra Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
Financials of True Mantra Solutions Private Limited
FY 2022 filings availableTrue Mantra Solutions Private Limited reported revenue of ₹2.07 Cr for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹2.07 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹28.43 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹31.4 Lakh |
| 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 |
|---|---|
| Profitability | |
| EBITDA Margin | -13.8% |
| Net Profit Margin | -15.2% |
| 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 Mantra Solutions Private Limited, buy the company report.
Board of directors of True Mantra Solutions Private Limited
True Mantra Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Churiwala Also directs: Sulphotek Systems Private Limited, Creative Solutions Private Limited, Millennium Properties Private Limited and 1 more | Director | 06 Mar 2021 | 5 Years 7 Months | Current |
| Amar Sharma Chandra | Director | 27 Mar 2018 | 8 Years 6 Months | Current |
Auditor
True Mantra Solutions Private Limited is audited by M P SUREKA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M P SUREKA & CO | FY 2017 | 322097E |
Shareholding
The shareholding of True Mantra Solutions Private Limited is on record for FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of True Mantra Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving True Mantra 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 Mantra Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
True Mantra Solutions Private Limited has a workforce of 4 employees on its EPFO records as of Mar 25, 2024, across 1 active EPFO establishment.
GST
True Mantra Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAFCT7409N1ZP | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of True Mantra Solutions Private Limited, buy the company report.
Recent activity
True Mantra Solutions Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Amar Sharma Chandra ceased to be Additional Director on 04 Apr 2022.
Frequently asked questions
True Mantra Solutions is classified as "Dormant" under Section 455 of the Companies Act. This means the company is legally registered but has officially declared that it is not currently conducting any business operations. A dormant company can be reactivated by following the prescribed procedures with the Registrar of Companies.
True Mantra Solutions is a dormant private limited company based in Kolkata, West Bengal, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 13 May 2016 and is registered under CIN U72900WB2016PTC215745. The company is legally registered but not currently conducting business.
The compliance status of True Mantra Solutions is compliant as of 10 July 2026.
True Mantra Solutions has 2 current directors:
- Ravi Churiwala - Director
- Amar Sharma Chandra - Director
The CIN (Corporate Identification Number) of True Mantra Solutions is U72900WB2016PTC215745. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Mantra Solutions was incorporated on 13 May 2016. It is registered with the Registrar of Companies, Kolkata.
The registered office of True Mantra Solutions is at 6 Park Side Road 3rd Floor, Kolkata, West Bengal, India – 700026.
The latest financial statements of True Mantra Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2017 are in the company report.
The GSTIN of True Mantra Solutions is 19AAFCT7409N1ZP, registered in West Bengal.
True Mantra Solutions operates in the information technology industry, in the IT consulting and support services segment.