Trueline Technologies Private Limited
About Trueline Technologies Private Limited
Data last updated:
Trueline Technologies Private Limited was a private limited company based in Jaipur, Rajasthan, 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 consultancy services segment of the technology and IT services sector. It was incorporated on 15 November 2007.
The company was registered with the Registrar of Companies (ROC), Jaipur, under CIN U72200RJ2007PTC025316. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Bhawani Sharma and Arti Sharma.
Its last annual general meeting (AGM) was held on 30 May 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at A – 20 Shanti Nagar Mazdoor Marg Ajmer Road, Jaipur, Rajasthan, India – 302006.
As per the financials filed for FY 2019, the company reported a revenue of ₹23,533, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹66,426 (net margin -282.3%) and EBITDA of -₹66,426 (EBITDA margin -282.3%). Revenue has declined at a compounded annual rate (CAGR) of 68% over three years.
Company details
Contact details
Trueline Technologies Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressA – 20 Shanti Nagar Mazdoor Marg Ajmer Road, Jaipur, Rajasthan, India – 302006
- IndustryInformation Technology, Consultancy, Computer Programming
To see the full contact details of Trueline Technologies 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 Trueline Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
Financials of Trueline Technologies Private Limited
FY 2019 filings availableTrueline Technologies Private Limited reported revenue of ₹23,533 (up 2007% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 68% over three years. EBITDA fell 161% 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 |
|---|---|---|---|---|---|
| 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 | -₹66,426 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹66,426 | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -282.3% | ||||
| Net Profit Margin | -282.3% | ||||
| 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 Trueline Technologies Private Limited, buy the company report.
Board of directors of Trueline Technologies Private Limited
Trueline Technologies 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 |
|---|---|---|---|---|
| Bhawani Sharma | Director | 13 Oct 2017 | 9 Years 0 Months | As last reported |
| Arti Sharma | Director | 15 Nov 2007 | 18 Years 11 Months | As last reported |
Peer comparison
Trueline Technologies Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cuvesk Business Solutions Private Limited | ₹23,600 (FY 2021) | -96.0% | Kolkata, West Bengal, India | |||
| Sentinelone India Private Limited | ₹23,600 (FY 2025) | -33.0% | Delhi, India | |||
| Tekorion Private Limited | ₹23,598 (FY 2016) | -86.0% | Velliparamb, Kerala, India | |||
| Brillioz Infotech Private Limited | ₹23,562 (FY 2025) | -6.0% | Wagholi, Maharashtra, India | |||
| Trueline Technologies Private Limitedthis company | ₹23,533 (FY 2019) | -₹66,426 | -282.3% | 2007.0% | Jaipur, Rajasthan, India | |
| Rtcom Systems India Private Limited | ₹23,500 (FY 2022) | -99.0% | Mumbai, Maharashtra, India | |||
| Anshin Infotech Private Limited | ₹23,409 (FY 2024) | Kolkata, West Bengal, India | ||||
| Zilliocient Technologies Private Limited | ₹23,370 (FY 2021) | -53.0% | Bareilly, Uttar Pradesh, India | |||
| Sunshine Officials Private Limited | ₹23,360 (FY 2025) | 57.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Trueline Technologies Private Limited, buy the company report.
Auditor
Trueline Technologies Private Limited is audited by SUMIT KASLIWAL & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUMIT KASLIWAL & ASSOCIATES | FY 2017 | 400675 |
Shareholding
The shareholding of Trueline Technologies 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 Trueline Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Trueline Technologies 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 Trueline Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Trueline Technologies 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 Trueline Technologies Private Limited, buy the company report.
Recent activity
Trueline Technologies Private Limited has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Bhawani Sharma ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Trueline Technologies 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.
Trueline Technologies was a private limited company based in Jaipur, Rajasthan, India. The company worked in consultancy, within the information technology industry. It was incorporated on 15 November 2007 and is registered under CIN U72200RJ2007PTC025316. The company has been struck off by the Registrar of Companies and is no longer operational.
Trueline Technologies had 2 directors:
- Bhawani Sharma - Director
- Arti Sharma - Director
The CIN (Corporate Identification Number) of Trueline Technologies is U72200RJ2007PTC025316. 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 Trueline Technologies is at A – 20 Shanti Nagar Mazdoor Marg Ajmer Road, Jaipur, Rajasthan, India – 302006.
Trueline Technologies was incorporated on 15 November 2007. It is registered with the Registrar of Companies, Jaipur.
The latest financial statements of Trueline Technologies on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 May 2019. Year-wise statements from 2015 are in the company report.
No. Trueline Technologies has 1 GST registration on record and it is cancelled or inactive.
Trueline Technologies operated in the information technology industry, in the consultancy segment. It worked in this industry before it was struck off.
The peers of Trueline Technologies by revenue are Cuvesk Business Solutions Private Limited, Sentinelone India Private Limited, Tekorion Private Limited, Brillioz Infotech Private Limited, Rtcom Systems India Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Bhawani Sharma ceased to be Additional Director on 29 Sep 2018. Bhupendra Singh Ratnu ceased to be Director on 15 Oct 2017. Bhawani Sharma was appointed as Director on 13 Oct 2017. Trueline Technologies has 5 board changes on record in total.