About True Entertainment Private Limited
Data last updated:
True Entertainment Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the media and content distribution segment of the media and publishing sector. It was incorporated on 02 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U92412MH2009PTC193769.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shailendra Mandowara and Subhadra Mandowara.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No. 303 3rd Floor Challenger Tower – 3 Thakur Village Kandivali (E), Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2025, the company reported a revenue of ₹70.35 Lakh. For the same year it recorded a net loss of ₹14 Lakh (net margin -19.9%) and EBITDA of -₹18.71 Lakh (EBITDA margin -26.6%).
The company is associated with 1 brand: Trueworks. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website trueworks.in.
Company details
Contact details
True Entertainment Private Limited's registered office is in Mumbai, Maharashtra. Its website is trueworks.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered AddressFlat No. 303 3rd Floor Challenger Tower – 3 Thakur Village Kandivali (E), Mumbai, Maharashtra, India – 400101
- IndustryMedia and Publishing, Media & Content Distribution
To see the full contact details of True Entertainment Private Limited, buy the company report.
- 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
Brands
True Entertainment operates one associated brand: Trueworks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers website development, mobile apps, SEO, and digital marketing services. | trueworks.in |
Business activity
The main business activity of True Entertainment is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | 90 | Creative, arts and entertainment activities |
To see the full business activity and turnover split of True Entertainment Private Limited, buy the company report.
Financials of True Entertainment Private Limited
FY 2025 filings availableTrue Entertainment Private Limited reported revenue of ₹70.35 Lakh for FY 2025.
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 | -₹18.71 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14 Lakh | ||||
| 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 | -26.6% | ||||
| Net Profit Margin | -19.9% | ||||
| 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 True Entertainment Private Limited, buy the company report.
Board of directors of True Entertainment Private Limited
True Entertainment has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailendra Mandowara | Director | 12 Aug 2024 | 2 Years 2 Months | Current |
| Subhadra Mandowara | Director | 02 Jul 2009 | 17 Years 3 Months | Current |
Auditor
True Entertainment Private Limited is audited by M A PARIKH & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M A PARIKH & CO | FY 2018 | 107556W |
Shareholding
The shareholding of True Entertainment Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of True Entertainment Private Limited, buy the company report.
Legal cases
True Entertainment Private Limited has 5 court cases on record: 4 filed by True Entertainment, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against State of Mah. THR. Office of Public Prosecutor High Court Nagpur. and 1 other | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against The State of Maharashtra and Anr. and 1 other | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against The State of Mah. to Be Served THR. Government Pleader, High Court (A.S.), and Another and 1 other | Disposed |
| District court, Chandrapur, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against an individual | Disposed |
To see the full case history of True Entertainment 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 True Entertainment 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 Entertainment Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
True Entertainment Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Shruti Sandeep Maheshwari ceased to be Director on 29 Sep 2024.
Frequently asked questions
True Entertainment is an active private limited company based in Mumbai, Maharashtra, India. The company works in media and content distribution, within the media and publishing industry. It was incorporated on 02 July 2009 (17+ years old) and is registered under CIN U92412MH2009PTC193769.
True Entertainment has 2 current directors:
- Shailendra Mandowara - Director
- Subhadra Mandowara - Director
The latest financial statements of True Entertainment on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of True Entertainment is U92412MH2009PTC193769. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Entertainment has 5 court cases on record: 4 filed by the company and 1 filed against it. Most are in the high courts.
True Entertainment was incorporated on 02 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Shruti Sandeep Maheshwari ceased to be Director on 29 Sep 2024. Shailendra Mandowara was appointed as Director on 12 Aug 2024. Shailendra Mandowara ceased to be Director on 22 Apr 2019. True Entertainment has 4 board changes on record in total.
True Entertainment can be reached through the website trueworks.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of True Entertainment is at Flat No. 303 3rd Floor Challenger Tower – 3 Thakur Village Kandivali E, Mumbai, Maharashtra, India – 400101.
True Entertainment operates in the media and publishing industry, in the media and content distribution segment.