True North Learning Systems Private Limited
About True North Learning Systems Private Limited
Data last updated:
True North Learning Systems Private Limited was a private limited company based in Mumbai, Maharashtra, India. 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 technical services segment of the education and learning sector. It was incorporated on 12 November 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U80904MH2010PTC210013. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12.59 Lakh. It was led by directors including Rohit Bir Mohindra and Jogesh Vasdev Motwani.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 7 Patropolis 157 Shahid Bhagat Singh Road Colaba, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2019, the company reported a revenue of ₹58.97 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹10.88 Lakh (net margin -18.5%) and EBITDA of -₹5.06 Lakh (EBITDA margin -8.6%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years.
The company was associated with 1 brand: HMI-Technologies.
Company details
Contact details
True North Learning Systems Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address7 Patropolis 157 Shahid Bhagat Singh Road Colaba, Mumbai, Maharashtra, India – 400005
- IndustryEducation & Learing, Technical, Higher Education, Vocational Education
To see the full contact details of True North Learning Systems 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
Brands
True North Learning Systems operates one associated brand: HMI-Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers SEO, PPC, and digital marketing services for business online growth. | hmi-tech.in |
Business activity
The main business activity of True North Learning Systems is education. In detail, this covers higher education, technical & vocational education.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P2 | Higher education, technical & vocational education |
To see the full business activity and turnover split of True North Learning Systems Private Limited, buy the company report.
Financials of True North Learning Systems Private Limited
FY 2019 filings availableTrue North Learning Systems Private Limited reported revenue of ₹58.97 Lakh (down 30% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over three years, including a 30% fall in the latest year. EBITDA rose 11% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹5.06 Lakh | ||||
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| Net Profit (PAT) | -₹10.88 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | -8.6% | ||||
| Net Profit Margin | -18.5% | ||||
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To see the full financial statements and ratios of True North Learning Systems Private Limited, buy the company report.
Board of directors of True North Learning Systems Private Limited
True North Learning Systems has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Bir Mohindra Also directs: Raj Mohindra Consultants Private Limited | Director | 12 Nov 2010 | 16 Years 0 Months | As last reported |
| Jogesh Vasdev Motwani | Director | 07 Feb 2011 | 15 Years 9 Months | As last reported |
| Rajendra Surinder Arora | Director | 12 Nov 2010 | 16 Years 0 Months | As last reported |
Peer comparison
True North Learning Systems Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (higher education, technical & vocational education), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saaval Classes Private Limited | ₹59.65 Lakh (FY 2025) | -58.0% | Abohar, Punjab, India | |||
| Juno Learning Private Limited | ₹59.55 Lakh (FY 2025) | -43.0% | Gurugram, Haryana, India | |||
| Spread Education & Consulting (India) Private Limited | ₹59.47 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Mpsa Eduventure Priavte Limited | ₹59.33 Lakh (FY 2020) | Laxmi Nagar, Near Mandir, Delhi, India | ||||
| Edvancer Entertainment Private Limited | ₹59.05 Lakh (FY 2025) | -96.0% | Mumbai, Maharashtra, India | |||
| True North Learning Systems Private Limitedthis company | ₹58.97 Lakh (FY 2019) | -₹10.88 Lakh | -18.5% | -30.0% | Mumbai, Maharashtra, India | |
| Gyan Mantra Study Point Private Limited | ₹58.91 Lakh (FY 2025) | 2.0% | Delhi, India | |||
| Jobs Computer Hardware & Networking Engineering College Private Limited | ₹58.87 Lakh (FY 2025) | 180.0% | Kushinagar, Uttar Pradesh, India | |||
| Sketo Infotech (OPC) Private Limited | ₹58.7 Lakh (FY 2025) | 14.0% | Ambernath East, Maharashtra, India | |||
| Fastrack Realtors Private Limited | ₹58.66 Lakh (FY 2024) | -10.0% | Kolkata, West Bengal, India | |||
| Hindriser Welfare Foundation | ₹58.46 Lakh (FY 2025) | 220.0% | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of True North Learning Systems Private Limited, buy the company report.
Auditor
True North Learning Systems Private Limited is audited by P.M. John & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.M. John & Co. | FY 2017 | 113374W |
Shareholding
The shareholding of True North Learning Systems 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 North Learning Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving True North Learning Systems 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 North Learning Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
True North Learning Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of True North Learning Systems Private Limited, buy the company report.
Recent activity
True North Learning Systems Private Limited has 3 board changes on record since 2010: 3 appointments. The latest: Jogesh Vasdev Motwani was appointed as Director on 07 Feb 2011.
Frequently asked questions
True North Learning Systems 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 North Learning Systems was a private limited company based in Mumbai, Maharashtra, India. The company worked in technical, within the education and learning industry. It was incorporated on 12 November 2010 and is registered under CIN U80904MH2010PTC210013. The company has been struck off by the Registrar of Companies and is no longer operational.
True North Learning Systems had 3 directors:
- Rohit Bir Mohindra - Director
- Jogesh Vasdev Motwani - Director
- Rajendra Surinder Arora - Director
The CIN (Corporate Identification Number) of True North Learning Systems is U80904MH2010PTC210013. 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 North Learning Systems is at 7 Patropolis 157 Shahid Bhagat Singh Road Colaba, Mumbai, Maharashtra, India – 400005.
True North Learning Systems was incorporated on 12 November 2010. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of True North Learning Systems on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. True North Learning Systems has 1 GST registration on record and it is cancelled or inactive.
True North Learning Systems operated in the education and learning industry, in the technical segment. It worked in this industry before it was struck off.
The peers of True North Learning Systems by revenue are Saaval Classes Private Limited, Juno Learning Private Limited, Spread Education & Consulting (India) Private Limited, Mpsa Eduventure Priavte Limited, Edvancer Entertainment Private Limited and 5 more, all in the same principal business activity (higher education, technical & vocational education).
Jogesh Vasdev Motwani was appointed as Director on 07 Feb 2011. Rajendra Surinder Arora was appointed as Director on 12 Nov 2010. Rohit Bir Mohindra was appointed as Director on 12 Nov 2010.
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