True Believers Private Limited
About True Believers Private Limited
Data last updated:
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%).
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- 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
- One PDF report, delivered after checkout
Business Activity of True Believers Private Limited
The main business activity of True Believers is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of True Believers Private Limited FY 2021 filings available
True Believers Private Limited reported revenue of ₹10.26 Lakh for FY 2021.
Financial Statement Summary of True Believers Private Limited
| Metrics | 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 | ₹15,874 |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | -₹4,205 |
| 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 of True Believers Private Limited
| Metrics | FY 2020-21 |
|---|---|
| Profitability | |
| EBITDA Margin | 1.5% |
| Net Profit Margin | -0.4% |
| 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 | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of True Believers are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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 |
Peer Comparison of True Believers Private Limited
True Believers Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution, IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cosmezo Green Energy Private Limited | ₹10.33 Lakh (FY 2024) | •••• | •••• | •••• | Patna, Bihar, India | |
| Srimat Solutions Private Limited | ₹10.33 Lakh (FY 2024) | •••• | •••• | -68.0% | •••• | Nagpur, Maharashtra, India |
| Bhavani Communications Private Limited | ₹10.32 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Balasore, Odisha, India |
| Amd Infotech Private Limited | ₹10.31 Lakh (FY 2021) | •••• | •••• | -46.0% | •••• | Bangalore, Karnataka, India |
| Vars Engineers India Private Limited | ₹10.28 Lakh (FY 2025) | •••• | •••• | -47.0% | •••• | Delhi, India |
| True Believers Private Limited this company | ₹10.26 Lakh (FY 2021) | •••• | •••• | •••• | Jalandhar, Punjab, India | |
| A. K. Gandhi Cellular Private Limited | ₹10.25 Lakh (FY 2025) | •••• | •••• | 14111.0% | •••• | Nagpur, Maharashtra, India |
| Infinity Solar Power Private Limited | ₹10.25 Lakh (FY 2024) | •••• | •••• | -17.0% | •••• | Mumbai, Maharashtra, India |
| Amsys Solutions India Private Limited | ₹10.24 Lakh (FY 2024) | •••• | •••• | -61.0% | •••• | Chennai, Tamil Nadu, India |
| Podd Power Solutions Private Limited | ₹10.21 Lakh (FY 2023) | •••• | •••• | -97.0% | •••• | Mumbai, Maharashtra, India |
| Ando Technologies Private Limited | ₹10.2 Lakh (FY 2019) | •••• | •••• | 6700.0% | •••• | Hisar, Haryana, India |
Peers are the five companies nearest above and the five nearest below True Believers by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution, IT Products Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of True Believers Private Limited
True Believers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at True Believers Private Limited
Employment history and EPFO contributions of people linked to True Believers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on True Believers Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for True Believers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by True Believers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of True Believers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of True Believers Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of True Believers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about True Believers Private Limited
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 reported revenue of ₹10.26 Lakh for FY 2021.
True Believers has 4 current directors:
- Anil - Whole-Time Director
- Vijay Kumar - Whole-Time Director
- Sagar - Director
- Suresh Kumar - Director
True Believers reported a net loss of ₹4,205 (net margin -0.4%) and EBITDA of ₹15,874 (EBITDA margin 1.5%) for FY 2021, as per its filed financial statements.
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.
The peers of True Believers by revenue are Cosmezo Green Energy Private Limited, Srimat Solutions Private Limited, Bhavani Communications Private Limited, Amd Infotech Private Limited, Vars Engineers India Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution, IT Products Retail and Distribution).
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 has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
True Believers operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.