Truly Tech Solutions Private Limited
About Truly Tech Solutions Private Limited
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Truly Tech Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 04 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2019PTC137354.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Trinetions Private Limited. It is led by directors including Venkatakasulu Setti and Mallela Sudarshanreddy.
Its last annual general meeting (AGM) was held on 30 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Plot No.430 431 Hafeezpet Kphb Colony, Hyderabad, Telangana, India – 500072.
As per the financials filed for FY 2020, the company reported a revenue of ₹34,178. For the same year it recorded a net loss of ₹66,572 (net margin -194.8%) and EBITDA of -₹66,572 (EBITDA margin -194.8%).
Company details
Contact details
Truly Tech Solutions Private Limited's registered office is in Hyderabad, Telangana.
- Registered AddressPlot No.430 431 Hafeezpet Kphb Colony, Hyderabad, Telangana, India – 500072
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
- 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 Truly Tech Solutions is personal and household service. In detail, this covers washing and cleaning of textile and fur products, hair dressing and other beauty treatment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S3 | Washing and cleaning of textile and fur products, Hair dressing and other beauty treatment |
To see the full business activity and turnover split of Truly Tech Solutions Private Limited, buy the company report.
Financials of Truly Tech Solutions Private Limited
FY 2020 filings availableTruly Tech Solutions Private Limited reported revenue of ₹34,178 for FY 2020.
Financial Statement Summary
| Metrics | FY 2019-20 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
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| Cost of Materials Consumed | |
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| Total Expenses | |
| EBITDA | -₹66,572 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹66,572 |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
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Financial Ratios
| Metrics | FY 2019-20 |
|---|---|
| Profitability | |
| EBITDA Margin | -194.8% |
| Net Profit Margin | -194.8% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
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| Asset Turnover | |
| Receivable Days | |
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| Net Profit Growth | |
To see the full financial statements and ratios of Truly Tech Solutions Private Limited, buy the company report.
Board of directors of Truly Tech Solutions Private Limited
Truly Tech Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatakasulu Setti | Director | 04 Dec 2019 | 6 Years 10 Months | Current |
| Mallela Sudarshanreddy Also directs: Urbovish Services LLP | Director | 04 Dec 2019 | 6 Years 10 Months | Current |
| Rambabu Atluri Also directs: Iha Organics Private Limited, Regta Organics India Private Limited, Sycara Kitchens Private Limited and 1 more | Director | 04 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Truly Tech Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (washing and cleaning of textile and fur products, hair dressing and other beauty treatment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cubs Hair Studio Private Limited | ₹38,694 (FY 2022) | -87.0% | Ahmedabad, Gujarat, India | |||
| Bluebubble Dry Cleaners Private Limited | ₹38,568 (FY 2024) | -83.0% | Surat, Gujarat, India | |||
| Humroon Beauty Care Private Limited | ₹37,221 (FY 2024) | -24.0% | Hyderabad, Telangana, India | |||
| Vida Beauty Private Limited | ₹36,680 (FY 2020) | 16.0% | New Delhi, Delhi, India | |||
| Proxela Beauty Dream Institute Private Limited | ₹35,500 (FY 2024) | 50.0% | Meerut, Uttar Pradesh, India | |||
| Truly Tech Solutions Private Limitedthis company | ₹34,178 (FY 2020) | -₹66,572 | -194.8% | Hyderabad, Telangana, India | ||
| Kumaraguru Garments Private Limited | ₹34,112 (FY 2016) | Chennai, Tamil Nadu, India | ||||
| Samcare Beauty and Lifestyle India Private Limited | ₹32,656 (FY 2025) | -15.0% | Delhi, India | |||
| Damosh Private Limited | ₹32,614 (FY 2024) | 186.0% | Thiruvananthapuram, Kerala, India | |||
| Hair Club for Men Private Limited | ₹30,863 (FY 2024) | -92.0% | Ahmedabad, Gujarat, India | |||
| Salonapple Services and Academy Limited | ₹30,000 (FY 2024) | -97.0% | Pune, Maharashtra, India |
To see the full peer comparison of Truly Tech Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Truly Tech 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 Truly Tech Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Truly Tech Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Truly Tech Solutions Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Mallela Sudarshanreddy was appointed as Director on 04 Dec 2019.
Frequently asked questions
Truly Tech Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 04 December 2019 (7+ years old) and is registered under CIN U74999TG2019PTC137354.
Truly Tech Solutions has 3 current directors:
- Venkatakasulu Setti - Director
- Mallela Sudarshanreddy - Director
- Rambabu Atluri - Director
The latest financial statements of Truly Tech Solutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 September 2020. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Truly Tech Solutions is U74999TG2019PTC137354. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Truly Tech Solutions was incorporated on 04 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Truly Tech Solutions by revenue are Cubs Hair Studio Private Limited, Bluebubble Dry Cleaners Private Limited, Humroon Beauty Care Private Limited, Vida Beauty Private Limited, Proxela Beauty Dream Institute Private Limited and 5 more, all in the same principal business activity (washing and cleaning of textile and fur products, hair dressing and other beauty treatment).
Mallela Sudarshanreddy was appointed as Director on 04 Dec 2019. Rambabu Atluri was appointed as Director on 04 Dec 2019. Venkatakasulu Setti was appointed as Director on 04 Dec 2019.
The registered office of Truly Tech Solutions is at Plot No.430 431 Hafeezpet Kphb Colony, Hyderabad, Telangana, India – 500072.
Truly Tech Solutions operates in the business services industry, in the miscellaneous business activities segment.
Yes. Truly Tech Solutions was formerly known as Trinetions Private Limited.
Truly Tech Solutions can be reached at its registered office: Plot No.430 431 Hafeezpet Kphb Colony, Hyderabad, Telangana, India – 500072.
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