About True Wallet Private Limited
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True Wallet Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 24 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2020PTC362296. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shyamli Maurya and Akhilesh Kumar Maurya.
Its last annual general meeting (AGM) was held on 15 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Plot No – 63/11 Ugf Block B – 1 Ext Sewak Park Near Gurudwara Dwarka Mor, New Delhi, Delhi, India – 110059.
As per the financials filed for FY 2022, the company reported a revenue of ₹11.23 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹45,200 (net margin -4%) and EBITDA of -₹38,100 (EBITDA margin -3.4%).
For more details, the company can be reached via its website truejourney.co.in.
Company details
Contact details
True Wallet Private Limited's registered office is in New Delhi, Delhi. Its website is truejourney.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No – 63/11 Ugf Block B – 1 Ext Sewak Park Near Gurudwara Dwarka Mor, New Delhi, Delhi, India – 110059
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of True Wallet 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 Wallet is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of True Wallet Private Limited, buy the company report.
Financials of True Wallet Private Limited
FY 2022 filings availableTrue Wallet Private Limited reported revenue of ₹11.23 Lakh (down 87% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 87% in the latest year. EBITDA fell 334% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹11.23 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
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| Depreciation and Amortisation | |||
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| Total Expenses | |||
| EBITDA | -₹38,100 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹45,200 | ||
| Balance Sheet | |||
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| Reserves and Surplus | |||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -3.4% | ||
| Net Profit Margin | -4% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of True Wallet Private Limited, buy the company report.
Board of directors of True Wallet Private Limited
True Wallet has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyamli Maurya | Director | 24 Feb 2020 | 6 Years 8 Months | Current |
| Akhilesh Kumar Maurya | Director | 24 Feb 2020 | 6 Years 8 Months | Current |
Peer comparison
True Wallet Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Scanbo India Private Limited | ₹11.24 Lakh (FY 2025) | 31.0% | West Mumbai, Maharashtra, India | |||
| South Shade Infotech Private Limited | ₹11.24 Lakh (FY 2024) | -19.0% | Gurgaon, Haryana, India | |||
| Msinterface Technologies Private Limited | ₹11.24 Lakh (FY 2025) | -30.0% | New Delhi, Delhi, India | |||
| Interactive Holding Co.Private Limited | ₹11.23 Lakh (FY 2021) | -51.0% | Gurgaon, Haryana, India | |||
| Arka Integrated Projects Management Solutions Private Limited | ₹11.23 Lakh (FY 2025) | -85.0% | Hyderabad, Telangana, India | |||
| True Wallet Private Limitedthis company | ₹11.23 Lakh (FY 2022) | -₹45,200 | -4% | -87.0% | New Delhi, Delhi, India | |
| SVN Techtrics Private Limited | ₹11.22 Lakh (FY 2023) | Jaipur, Rajasthan, India | ||||
| Techno Software Solutions Private Limited | ₹11.21 Lakh (FY 2024) | -25.0% | New Delhi, Delhi, India | |||
| Raising Coin Private Limited | ₹11.21 Lakh (FY 2018) | 48.0% | Secunderabad, Telangana, India | |||
| Digi2o Information Solutions Private Limited | ₹11.21 Lakh (FY 2024) | -70.0% | Chennai, Tamil Nadu, India | |||
| Inmotion Media Ventures Private Limited | ₹11.21 Lakh (FY 2016) | 464.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of True Wallet Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving True Wallet 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 Wallet Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
True Wallet 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 Wallet Private Limited, buy the company report.
Recent activity
True Wallet Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Akhilesh Kumar Maurya was appointed as Director on 24 Feb 2020.
Frequently asked questions
True Wallet is an active private limited company based in New Delhi, Delhi, India. The company works in other services, within the business services industry. It was incorporated on 24 February 2020 (6+ years old) and is registered under CIN U74999DL2020PTC362296.
True Wallet has 2 current directors:
- Shyamli Maurya - Director
- Akhilesh Kumar Maurya - Director
The latest financial statements of True Wallet on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 15 September 2022. Year-wise statements from FY 2020 are in the company report.
No. True Wallet has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of True Wallet is U74999DL2020PTC362296. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Wallet was incorporated on 24 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of True Wallet by revenue are Scanbo India Private Limited, South Shade Infotech Private Limited, Msinterface Technologies Private Limited, Interactive Holding Co.Private Limited, Arka Integrated Projects Management Solutions Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Akhilesh Kumar Maurya was appointed as Director on 24 Feb 2020. Shyamli Maurya was appointed as Director on 24 Feb 2020.
True Wallet can be reached through the website truejourney.co.in. Its registered office is in New Delhi, Delhi, India.
The registered office of True Wallet is at Plot No – 6311 Ugf Block B – 1 Ext Sewak Park Near Gurudwara Dwarka Mor, New Delhi, Delhi, India – 110059.
True Wallet operates in the business services industry, in the other services segment.