MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0115891
Truboard Private Limited - business outsourcing in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹50.6 Cr
▲ 30% YoY
Net loss · FY 2025
₹11.38 Cr
Net margin -22.5%
EBITDA · FY 2025
-₹8.15 Cr
EBITDA margin -16.1%
Authorised capital
₹80 Lakh
Registered with MCA
Paid-up capital
₹30.94 Lakh
Issued & subscribed
Open charges
₹7 Cr
Satisfied ₹15 Cr
Company age
6 yrs
Est. 2020
Employees · EPFO
60
Provident fund records
About Truboard Private Limited
Data last updated:
Truboard Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 04 March 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2020PTC338576. Its GSTIN is 27AAHCT8057C1Z7 (Maharashtra).
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹30.94 Lakh. It was formerly known as Truboard Vt Private Limited. It is led by directors including Vipul Parimal Thakore and Srickant Rajagopal.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No 2402 24th Floor Building Lightbridge Hiranandani Meadows, Gladys Alwares Road Off Pokhran Road No. 2 Thane (W), Maharashtra, India – 400610.
As per the financials filed for FY 2025, the company reported a revenue of ₹50.6 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net loss of ₹11.38 Cr (net margin -22.5%) and EBITDA of -₹8.15 Cr (EBITDA margin -16.1%). Revenue has grown at a compounded annual rate (CAGR) of 94% over three years.
The company has about 60 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: TruBoard Partners. As per MCA filings, the company has open charges of ₹7 Cr and satisfied charges of ₹15 Cr on record. The company has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹42 Cr; the latest was in February 2026.
Truboard Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0115891). For more details, the company can be reached via its website truboardpartners.com.
Company details
CIN U74999MH2020PTC338576
Registration Number 338576
Incorporation Date 04 March 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-MH-19-0115891
Recognitions & Rankings of Truboard
Contact details
Truboard Private Limited's registered office is in Thane, Maharashtra. Its website is truboardpartners.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No 2402 24th Floor Building Lightbridge Hiranandani Meadows, Gladys Alwares Road Off Pokhran Road No. 2 Thane (W), Maharashtra, India – 400610
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Truboard Private Limited, buy the company report.
Comprehensive company report
Truboard 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
Brands
Truboard operates one associated brand: TruBoard Partners. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Asset performance is managed via data and AI platform. | truboardpartners.com |
Business activity
The main business activity of Truboard is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Truboard Private Limited, buy the company report.
Financials of Truboard Private Limited
FY 2025 filings availableTruboard Private Limited reported revenue of ₹50.6 Cr (up 30% YoY) for FY 2025.
Revenue · FY 2025
₹50.6 Cr ▲ 30%
Net loss · FY 2025
₹11.38 Cr margin -22.5%
EBITDA · FY 2025
-₹8.15 Cr margin -16.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 94%
EBITDA CAGR growth
1 year
▲ 60%
3 years · compounded
▼ 21%
Revenue has grown at a compounded annual rate (CAGR) of 94% over three years, including 30% growth in the latest year. EBITDA rose 60% 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 |
|---|---|---|---|---|---|
| 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 | -₹8.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.38 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -16.1% | ||||
| Net Profit Margin | -22.5% | ||||
| 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 Truboard Private Limited, buy the company report.
Board of directors of Truboard Private Limited
Truboard has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipul Parimal Thakore | Director | 04 Mar 2020 | 6 Years 7 Months | Current |
| Srickant Rajagopal Also directs: Truboard Technologies Private Limited, Truboard Cleantech Private Limited, Truboard Partners LLP and 2 more | Director | 04 Mar 2020 | 6 Years 7 Months | Current |
| Raman Uberoi Also directs: PG Electroplast Limited, Dvara Kshetriya Gramin Financial Services Private Limited, Ikf Finance Limited and 1 more | Director | 25 Oct 2021 | 4 Years 11 Months | Current |
| Nandkumar Surti Renukant | Director | 23 Nov 2020 | 5 Years 11 Months | Current |
| Jayesh Ramniklal Desai Also directs: Cube Highways Fund Advisors Private Limited | Director | 01 Jul 2021 | 5 Years 3 Months | Current |
Auditor
Truboard Private Limited is audited by K A SINHA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K A SINHA & CO. | FY 2023 | 112368 |
Shareholding
The shareholding of Truboard Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Truboard Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7 Cr
Satisfied charges
₹15 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2025 | 101181111 | Others | ₹7 Cr | Open | |
| 18 Jul 2024 | 100949377 | Others | ₹10 Cr | Satisfied | |
| 11 Jan 2024 | 100938552 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Truboard Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Truboard Private Limited has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹42 Cr; the latest was in February 2026.
Total deals
5
Funding rounds
2
Secondary share transfers
2
Rights issue
1
Disclosed funding
₹42 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2026 | Funding round | ₹20 Cr | Investors: Earth Fund |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Pioneer Agro Industries Sanvin Laboratories Private Limited , an individual Seller: 2 individuals |
| May 2022 | Funding round | ₹22 Cr | Investors: 4 individuals |
| Mar 2022 | Rights issue | ₹3.4 Lakh | Investors: 4 individuals |
| Jan 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Truboard 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 Truboard Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Truboard has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
3
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Truboard Servicing Private Limited | U67190MH2021PTC372114 | |
| Truboard Technologies Private Limited | U72900MH2021PTC372654 | |
| Truboard Credit Monitoring Services Private Limited | U74999MH2020PTC349429 |
To see the full group structure of Truboard Private Limited, buy the company report.
Employees & EPFO
Truboard Private Limited has a workforce of 60 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
60
Active EPFO establishments
1
Employee growth
25%
GST
Truboard has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCT8057C1Z7 | Maharashtra | Active | 04 Jul 2020 |
To see the full GST registrations and return filing status of Truboard Private Limited, buy the company report.
Recent activity
Truboard Private Limited has 5 board changes on record since 2020: 5 appointments. The latest: Raman Uberoi was appointed as Director on 25 Oct 2021.
Charges
A charge registered on 11 Jan 2024 via Charge ID 100938552 with Others was fully satisfied on 05 Dec 2025.
Charges
A charge with Others amounted to Rs. 700.00 Lakh with Charge ID 101181111 was registered on 29 Oct 2025.
AGM
Truboard Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Truboard Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 18 Jul 2024 via Charge ID 100949377 with Others was fully satisfied on 13 Jan 2025.
Charges
A charge with Others amounted to Rs. 1,000.00 Lakh with Charge ID 100949377 was registered on 18 Jul 2024.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 100938552 was registered on 11 Jan 2024.
Appointed
Raman Uberoi was appointed as Director.
Appointed
Jayesh Ramniklal Desai was appointed as Director.
Appointed
Nandkumar Surti Renukant was appointed as Director.
Appointed
Srickant Rajagopal was appointed as Director.
Appointed
Vipul Parimal Thakore was appointed as Director.
1 earlier event is in the company report.
News
Frequently asked questions
Truboard is an active private limited company based in Thane, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 04 March 2020 (6+ years old) and is registered under CIN U74999MH2020PTC338576.
Truboard has 5 current directors:
- Vipul Parimal Thakore - Director
- Srickant Rajagopal - Director
- Raman Uberoi - Director
- Nandkumar Surti Renukant - Director
- Jayesh Ramniklal Desai - Director
The latest financial statements of Truboard on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Truboard is 27AAHCT8057C1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Truboard is U74999MH2020PTC338576. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Truboard was incorporated on 04 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Truboard has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹42 Cr; the latest was in February 2026.
Raman Uberoi was appointed as Director on 25 Oct 2021. Jayesh Ramniklal Desai was appointed as Director on 01 Jul 2021. Nandkumar Surti Renukant was appointed as Director on 23 Nov 2020. Truboard has 5 board changes on record in total.
Yes, Truboard is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0115891).
Truboard can be reached through the website truboardpartners.com. Its registered office is in Thane, Maharashtra, India.