About True Fit Development India Private Limited
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True Fit Development India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of True Fit Corporation- Usa. It operates in the database management and solutions segment of the technology and IT services sector. It was incorporated on 19 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2016FTC284969. Its GSTIN is 27AAFCT8887J1ZG (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jessica Arredondo Murphy and Naresh Ashok Sachwani.
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 B1 – 401 Boomerang Floor 4 Chandivali Farm Road Andheri East, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.48 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹95.14 Lakh (net margin 11.2%) and EBITDA of ₹1.37 Cr (EBITDA margin 16.1%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 6% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: True Fit. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website truefit.com.
Company details
Contact details
True Fit Development India Private Limited's registered office is in Mumbai, Maharashtra. Its website is truefit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB1 – 401 Boomerang Floor 4 Chandivali Farm Road Andheri East, Mumbai, Maharashtra, India – 400072
- IndustryInformation Technology, Database Management & Solutions, Application Development & Software Solutions
To see the full contact details of True Fit Development India 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 Fit Development India operates one associated brand: True Fit. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-based fitting solutions are provided for fashion retailers. | truefit.com |
Business activity
The main business activity of True Fit Development India is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of True Fit Development India Private Limited, buy the company report.
Financials of True Fit Development India Private Limited
FY 2025 filings availableTrue Fit Development India Private Limited reported revenue of ₹8.48 Cr (down 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 10% fall in the latest year. EBITDA fell 43% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.37 Cr | ||||
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| Net Profit (PAT) | ₹95.14 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 16.1% | ||||
| Net Profit Margin | 11.2% | ||||
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To see the full financial statements and ratios of True Fit Development India Private Limited, buy the company report.
Board of directors of True Fit Development India Private Limited
True Fit Development India has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jessica Arredondo Murphy | Director | 23 Aug 2021 | 5 Years 2 Months | Current |
| Naresh Ashok Sachwani Also directs: Ag1 India Distribution Private Limited, Prodigy Development Institution, Giis K12 Education Private Limited and 2 more | Additional Director | 25 Mar 2025 | 1 Years 7 Months | Current |
Auditor
True Fit Development India Private Limited is audited by Suresh Surana & Associates LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suresh Surana & Associates LLP | FY 2021 | 121750W/W100010 |
Shareholding
The shareholding of True Fit Development India Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of True Fit Development India Private Limited, buy the company report.
Legal cases
True Fit Development India Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Neogrowth Credit P. Ltd. | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Neogrowth Credit P. Ltd. | Disposed |
To see the full case history of True Fit Development India 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 Fit Development India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
True Fit Development India Private Limited has a workforce of 20 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 20 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of True Fit Development India Private Limited, buy the company report.
GST
True Fit Development India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCT8887J1ZG | Maharashtra | Active | 09 Jan 2018 |
To see the full GST registrations and return filing status of True Fit Development India Private Limited, buy the company report.
Recent activity
True Fit Development India Private Limited has 10 board changes on record since 2017: 3 appointments and 7 cessations. The latest: Naresh Ashok Sachwani was appointed as Additional Director on 25 Mar 2025.
1 earlier event is in the company report.
News
Frequently asked questions
True Fit Development India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in database management and solutions, within the information technology industry. It was incorporated on 19 August 2016 (10+ years old) and is registered under CIN U72900MH2016FTC284969.
True Fit Development India has 2 current directors:
- Jessica Arredondo Murphy - Director
- Naresh Ashok Sachwani - Additional Director
The latest financial statements of True Fit Development India 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 2017 are in the company report.
The GSTIN of True Fit Development India is 27AAFCT8887J1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of True Fit Development India is U72900MH2016FTC284969. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Fit Development India has 2 court cases on record: 2 filed against it. 1 is pending.
True Fit Development India was incorporated on 19 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Naresh Ashok Sachwani was appointed as Additional Director on 25 Mar 2025. Bhagyashree Vaishnav ceased to be Additional Director on 26 Sep 2024. Jessica Arredondo Murphy was appointed as Director on 23 Aug 2021. True Fit Development India has 10 board changes on record in total.
True Fit Development India can be reached through the website truefit.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of True Fit Development India is at B1 – 401 Boomerang Floor 4 Chandivali Farm Road Andheri East, Mumbai, Maharashtra, India – 400072.
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