MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0049758
Trueserve Technologies Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹39.53 Cr
▲ 25% YoY
Net profit · FY 2025
₹1.71 Cr
Net margin 4.3%
EBITDA · FY 2025
₹2.5 Cr
EBITDA margin 6.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Satisfied charges
₹1 Cr
No open charges
Company age
11 yrs
Est. 2015
Employees · EPFO
2
Provident fund records
About Trueserve Technologies Private Limited
Data last updated:
Trueserve Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 10 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2015PTC269083. Its GSTIN is 27AAFCT5030K1Z9 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Peter Joseph Duranda and Jayesh Shankarbhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 804 Express Zone Nr Patel Uanika Western Express Highway Malad East, Mumbai, Maharashtra, India – 400097.
As per the financials filed for FY 2025, the company reported a revenue of ₹39.53 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹1.71 Cr (net margin 4.3%) and EBITDA of ₹2.5 Cr (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 31% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹1 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
Trueserve Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0049758). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website trueservetech.com.
Company details
CIN U72200MH2015PTC269083
Registration Number 269083
Incorporation Date 10 October 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0049758
Recognitions & Rankings of Trueserve Technologies
Contact details
Trueserve Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its website is trueservetech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 804 Express Zone Nr Patel Uanika Western Express Highway Malad East, Mumbai, Maharashtra, India – 400097
- IndustryInformation Technology, IT Products Retail & Distribution, IT Consulting & Support Services
To see the full contact details of Trueserve Technologies Private Limited, buy the company report.
Comprehensive company report
Trueserve Technologies Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Trueserve Technologies is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Trueserve Technologies Private Limited, buy the company report.
Financials of Trueserve Technologies Private Limited
FY 2024 filings availableTrueserve Technologies Private Limited reported revenue of ₹39.53 Cr (up 25% YoY) for FY 2025.
Revenue · FY 2025
₹39.53 Cr ▲ 25%
Net profit · FY 2025
₹1.71 Cr margin 4.3%
EBITDA · FY 2025
₹2.5 Cr margin 6.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 47%
5 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▲ 52%
3 years · compounded
▲ 30%
5 years · compounded
▲ 35%
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 25% growth in the latest year. EBITDA rose 52% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.5 Cr | ||||
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| Net Profit (PAT) | ₹1.71 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 6.3% | ||||
| Net Profit Margin | 4.3% | ||||
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To see the full financial statements and ratios of Trueserve Technologies Private Limited, buy the company report.
Board of directors of Trueserve Technologies Private Limited
Trueserve Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Peter Joseph Duranda | Director | 01 Oct 2016 | 10 Years 0 Months | Current |
| Jayesh Shankarbhai Patel | Director | 10 Oct 2015 | 11 Years 0 Months | Current |
Auditor
Trueserve Technologies Private Limited is audited by JIGNESH SAVLA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JIGNESH SAVLA & ASSOCIATES | FY 2023 | 127654W |
Shareholding
The shareholding of Trueserve Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Trueserve Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2017 | 100150720 | Others | ₹1 Cr | Satisfied |
To see the full charge records of Trueserve Technologies Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Trueserve Technologies Private Limited has 3 court cases on record: 3 filed by Trueserve Technologies. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
3
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against M/S Smartnet Software Pvt. Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against India Center Foundation | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against India Center Foundation | Disposed |
To see the full case history of Trueserve Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Trueserve Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Trueserve Technologies Private Limited has a workforce of 2 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
GST
Trueserve Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCT5030K1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Trueserve Technologies Private Limited, buy the company report.
Recent activity
Trueserve Technologies Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Atul Shankarbhai Patel ceased to be Director on 01 Oct 2016.
AGM
Trueserve Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Trueserve Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 31 Oct 2017 via Charge ID 100150720 with Others was fully satisfied on 02 Dec 2022.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100150720 was registered on 31 Oct 2017.
Ceased
Atul Shankarbhai Patel ceased to be Director.
Appointed
Peter Joseph Duranda was appointed as Director.
Ceased
Chetan Narahari Vaidya ceased to be Director.
Appointed
Jayesh Shankarbhai Patel was appointed as Director.
Incorporation
10 Oct 2015
Trueserve Technologies Private Limited was registered on 10 Oct 2015 with Roc Mumbai & aged 11 years 17 days as per MCA records.
Frequently asked questions
Trueserve Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 10 October 2015 (11+ years old) and is registered under CIN U72200MH2015PTC269083.
Trueserve Technologies has 2 current directors:
- Peter Joseph Duranda - Director
- Jayesh Shankarbhai Patel - Director
The latest financial statements of Trueserve Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Trueserve Technologies is 27AAFCT5030K1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Trueserve Technologies is U72200MH2015PTC269083. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trueserve Technologies has 3 court cases on record: 3 filed by the company. 1 is pending.
Trueserve Technologies was incorporated on 10 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Atul Shankarbhai Patel ceased to be Director on 01 Oct 2016. Peter Joseph Duranda was appointed as Director on 01 Oct 2016. Chetan Narahari Vaidya ceased to be Director on 25 Apr 2016. Trueserve Technologies has 4 board changes on record in total.
Yes, Trueserve Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0049758).
Trueserve Technologies can be reached through the website trueservetech.com. Its registered office is in Mumbai, Maharashtra, India.