True Believers Private Limited
About True Believers Private Limited
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True Believers Private Limited is a private limited company based in Jalandhar, Punjab, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 04 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U52399PB2020PTC051569.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Anil (Whole-Time Director) and Vijay Kumar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at House No.17 Gurjit Nagar Garha Road Jalandhar, Punjab, India – 144002.
As per the financials filed for FY 2021, the company reported a revenue of ₹10.26 Lakh. For the same year it recorded a net loss of ₹4,205 (net margin -0.4%) and EBITDA of ₹15,874 (EBITDA margin 1.5%).
Company details
Contact details
True Believers Private Limited's registered office is in Jalandhar, Punjab.
- Registered AddressHouse No.17 Gurjit Nagar Garha Road Jalandhar, Punjab, India – 144002
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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 Believers is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of True Believers Private Limited, buy the company report.
Financials of True Believers Private Limited
FY 2021 filings availableTrue Believers Private Limited reported revenue of ₹10.26 Lakh for FY 2021.
Financial Statement Summary
| Metrics | FY 2020-21 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
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| EBITDA | ₹15,874 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹4,205 |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
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Financial Ratios
| Metrics | FY 2020-21 |
|---|---|
| Profitability | |
| EBITDA Margin | 1.5% |
| Net Profit Margin | -0.4% |
| Return on Equity (ROE) | |
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| Return on Assets (ROA) | |
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| Receivable Days | |
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To see the full financial statements and ratios of True Believers Private Limited, buy the company report.
Board of directors of True Believers Private Limited
True Believers has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar | Director | 06 Sep 2020 | 6 Years 1 Months | Current |
| Suresh Kumar | Director | 06 Sep 2020 | 6 Years 1 Months | Current |
| Anil | Whole-Time Director | 04 Aug 2020 | 6 Years 2 Months | Current |
| Vijay Kumar | Whole-Time Director | 04 Aug 2020 | 6 Years 2 Months | Current |
Legal cases
No court or tribunal cases involving True Believers 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 Believers 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 True Believers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
True Believers Private Limited has 6 board changes on record since 2020: 4 appointments and 2 cessations. The latest: Sandeep Verma ceased to be Whole-Time Director on 28 Dec 2021.
Frequently asked questions
True Believers is an active private limited company based in Jalandhar, Punjab, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 04 August 2020 (6+ years old) and is registered under CIN U52399PB2020PTC051569.
True Believers has 4 current directors:
- Anil - Whole-Time Director
- Vijay Kumar - Whole-Time Director
- Sagar - Director
- Suresh Kumar - Director
The latest financial statements of True Believers on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of True Believers is U52399PB2020PTC051569. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Believers was incorporated on 04 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chandigarh.
Sandeep Verma ceased to be Whole-Time Director on 28 Dec 2021. Akshita Goyal ceased to be Director on 06 Sep 2020. Sagar was appointed as Director on 06 Sep 2020. True Believers has 6 board changes on record in total.
The registered office of True Believers is at House No.17 Gurjit Nagar Garha Road Jalandhar, Punjab, India – 144002.
True Believers operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
True Believers can be reached at its registered office: House No.17 Gurjit Nagar Garha Road Jalandhar, Punjab, India – 144002.
True Believers is registered under the jurisdiction of the Registrar of Companies (ROC), Chandigarh.