True Verifiers & Consulting Private Limited
About True Verifiers & Consulting Private Limited
Data last updated:
True Verifiers & Consulting Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 15 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74910KA2020PTC138614. Its GSTIN is 29AAICT0983E1Z3 (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Singatagere Mahendra (Managing Director) and Handana Halli Chandra Shekhar Chaithra.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.469 Ews 6th Main 4th Cross Ks Town Kengeri Bengaluru Rural, Karnataka, India – 560060.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.35 Lakh, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹10.91 Lakh (net margin -81.7%) and EBITDA of -₹10.11 Lakh (EBITDA margin -75.7%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo.469 Ews 6th Main 4th Cross Ks Town Kengeri Bengaluru Rural, Karnataka, India – 560060
- IndustryBusiness Services, Miscellaneous Business Activities
- 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
- One PDF report, delivered after checkout
Business Activity of True Verifiers & Consulting Private Limited
The main business activity of True Verifiers & Consulting is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of True Verifiers & Consulting Private Limited FY 2025 filings available
True Verifiers & Consulting Private Limited reported revenue of ₹13.35 Lakh (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of True Verifiers & Consulting Private Limited
Revenue rose 15% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA rose 21% 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 of True Verifiers & Consulting Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹10.11 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.91 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 of True Verifiers & Consulting Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -75.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -81.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of True Verifiers & Consulting are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of True Verifiers & Consulting Private Limited
True Verifiers & Consulting has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Singatagere Mahendra | Managing Director | 15 Sep 2020 | 6 Years 1 Months | Current |
| Handana Halli Chandra Shekhar Chaithra | Director | 15 Sep 2020 | 6 Years 1 Months | Current |
Peer Comparison of True Verifiers & Consulting Private Limited
True Verifiers & Consulting Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Placement agencies and HR management services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gigleji Teknet Private Limited | ₹13.44 Lakh (FY 2025) | •••• | •••• | 460.0% | •••• | Bangalore, Karnataka, India |
| Aelfric Solutions Private Limited | ₹13.42 Lakh (FY 2020) | •••• | •••• | 123.0% | •••• | Hyderabad, Telangana, India |
| Vuca Consulting Private Limited | ₹13.4 Lakh (FY 2025) | •••• | •••• | 93.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Human Mantra Consulting Private Limited | ₹13.4 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| SVN Technologies Private Limited | ₹13.39 Lakh (FY 2022) | •••• | •••• | 1679.0% | •••• | Hyderabad, Telangana, India |
| True Verifiers & Consulting Private Limited this company | ₹13.35 Lakh (FY 2025) | •••• | •••• | 15.0% | •••• | Bengaluru, Karnataka, India |
| Beads HR Consulting & Training (OPC) Private Limited | ₹13.35 Lakh (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Suma Marketing Analytics and Cloud Consulting Private Limited | ₹13.33 Lakh (FY 2019) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| E2e People Practices Private Limited | ₹13.31 Lakh (FY 2025) | •••• | •••• | -37.0% | •••• | Bangalore, Karnataka, India |
| Annpurna and Kusum Enterprises Private Limited | ₹13.3 Lakh (FY 2025) | •••• | •••• | 13.0% | •••• | Patna, Bihar, India |
| Bandhan Infratech Private Limited | ₹13.29 Lakh (FY 2024) | •••• | •••• | -15.0% | •••• | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below True Verifiers & Consulting by revenue in the same principal business activity (Placement agencies and HR management services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of True Verifiers & Consulting Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of True Verifiers & Consulting Private Limited
True Verifiers & Consulting Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at True Verifiers & Consulting Private Limited
True Verifiers & Consulting Private Limited has a workforce of 0 employees as of Mar 25, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on True Verifiers & Consulting Private Limited
True Verifiers & Consulting Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Handana Halli Chandra Shekhar Chaithra was appointed as Director on 15 Sep 2020.
Credit Ratings, Litigation & Regulatory Alerts for True Verifiers & Consulting Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by True Verifiers & Consulting Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of True Verifiers & Consulting Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of True Verifiers & Consulting Private Limited
True Verifiers & Consulting has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICT0983E1Z3 | Karnataka | Active | 28 Sep 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of True Verifiers & Consulting Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about True Verifiers & Consulting Private Limited
True Verifiers & Consulting is an active private limited company based in Bengaluru, Karnataka, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 15 September 2020 (6+ years old) and is registered under CIN U74910KA2020PTC138614.
True Verifiers & Consulting reported revenue of ₹13.35 Lakh for FY 2025 (up 15% YoY).
True Verifiers & Consulting has 2 current directors:
- Singatagere Mahendra - Managing Director
- Handana Halli Chandra Shekhar Chaithra - Director
True Verifiers & Consulting reported a net loss of ₹10.91 Lakh (net margin -81.7%) and EBITDA of -₹10.11 Lakh (EBITDA margin -75.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of True Verifiers & Consulting is -6% over three years. In the latest year (FY 2025) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of True Verifiers & Consulting is 29AAICT0983E1Z3, registered in Karnataka.
The CIN (Corporate Identification Number) of True Verifiers & Consulting is U74910KA2020PTC138614. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Verifiers & Consulting was incorporated on 15 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of True Verifiers & Consulting by revenue are Gigleji Teknet Private Limited, Aelfric Solutions Private Limited, Vuca Consulting Private Limited, Human Mantra Consulting Private Limited, SVN Technologies Private Limited and 5 more, all in the same principal business activity (Placement agencies and HR management services).
Handana Halli Chandra Shekhar Chaithra was appointed as Director on 15 Sep 2020. Singatagere Mahendra was appointed as Managing Director on 15 Sep 2020.
The registered office of True Verifiers & Consulting is at No.469 Ews 6th Main 4th Cross Ks Town Kengeri Bengaluru Rural, Karnataka, India – 560060.