True Gainers Network Private Limited

True Gainers Network Private Limited - education in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U72900DL2001PTC290092 Incorporated 28 September 2001 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company education MSME · Micro
Data last updated
Revenue · FY 2024
₹2.11 Cr
▲ 26% YoY
Net profit · FY 2024
₹85.43 Lakh
Net margin 40.5%
EBITDA · FY 2024
₹1.78 Cr
EBITDA margin 84.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹59.52 Cr
Satisfied ₹5 Cr
Company age
25 yrs
Est. 2001
Directors on board
2
As per MCA filings

About True Gainers Network Private Limited

Data last updated:

True Gainers Network Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 28 September 2001 and has been in existence for over 25 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2001PTC290092. Its GSTIN is 09AACCT2186K1ZZ (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sarita Nangia and Rakesh Kumar Nangia.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 27 Soami Nagar, New Delhi, Delhi, India – 110017.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.11 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹85.43 Lakh (net margin 40.5%) and EBITDA of ₹1.78 Cr (EBITDA margin 84.2%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 12% over five years.

As per MCA filings, the company has open charges of ₹59.52 Cr and satisfied charges of ₹5 Cr on record.

True Gainers Network Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0046342). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U72900DL2001PTC290092
Registration Number 290092
Incorporation Date 28 September 2001
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-UP-28-0046342

CIN history

True Gainers Network has one previous CIN (Corporate Identification Number): U72900UR2001PTC026261. The current CIN is U72900DL2001PTC290092, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72900DL2001PTC290092Current
U72900UR2001PTC026261Previous
Key People
Sarita Nangia Director Rakesh Kumar Nangia Director

Recognitions & Rankings of True Gainers Network

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-UP-28-0046342

Contact details

True Gainers Network Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    B – 27 Soami Nagar, New Delhi, Delhi, India – 110017
  • Industry
    Education, Corporate Training & Development, EdTech Solutions

To see the full contact details of True Gainers Network Private Limited, buy the company report.

Comprehensive company report
True Gainers Network 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
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Financials of True Gainers Network Private Limited

FY 2024 filings available

True Gainers Network Private Limited reported revenue of ₹2.11 Cr (up 26% YoY) for FY 2024.

Revenue · FY 2024
₹2.11 Cr ▲ 26%
Net profit · FY 2024
₹85.43 Lakh margin 40.5%
EBITDA · FY 2024
₹1.78 Cr margin 84.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 15%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 19%
5 years · compounded
▲ 15%

Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 26% growth in the latest year. EBITDA rose 34% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹1.78 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹85.43 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin84.2%
Net Profit Margin40.5%
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 True Gainers Network Private Limited, buy the company report.

Board of directors of True Gainers Network Private Limited

True Gainers Network has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sarita NangiaDirector30 Jul 200323 Years 3 MonthsCurrent
Rakesh Kumar Nangia
Also directs: Nangia & Co LLP, Cosmo First Limited, The Indo-Canadian Business Chamber
Director01 Apr 201412 Years 7 MonthsCurrent
View all directors

Peer comparison

True Gainers Network Private Limited is compared with the 3 companies closest to it by revenue in the Education industry (Corporate and Commercial Training, Education Technology), with the same principal business activity (higher education, technical & vocational education), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Divyam Educom Private Limited₹2.11 Cr (FY 2024)-43.0%Delhi, India
True Gainers Network Private Limitedthis company₹2.11 Cr (FY 2024)₹85.43 Lakh40.5%26.0%New Delhi, Delhi, India
Unschooled Global Private Limited₹2.1 Cr (FY 2025)20.0%Jaipur, Rajasthan, India
Intellisis Resources Private Limited₹2.1 Cr (FY 2025)24.0%Chandigarh, India

To see the full peer comparison of True Gainers Network Private Limited, buy the company report.

Auditor

True Gainers Network Private Limited is audited by ARVIND K. JAIN & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
ARVIND K. JAIN & ASSOCIATESFY 2023010605N

Shareholding

The shareholding of True Gainers Network Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of True Gainers Network Private Limited, buy the company report.

Charges & borrowings

Open charges
₹59.52 Cr
Satisfied charges
₹5 Cr
Breakdown by lending institutions
Axis Bank Limited₹55.00 Cr
Citibank N.A₹3.56 Cr
Citibank N.A.₹0.96 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Nov 2022100660655Axis Bank Limited₹55 CrOpen
06 Jun 201210362878Citibank N.A₹56 LakhOpen
06 Jun 201210362697Citibank N.A₹3 CrOpen
25 Mar 201010210422Citibank N.A.₹96.22 LakhOpen
20 Nov 201310462279Citi Bank N.A.₹2 CrSatisfied

To see the full charge records of True Gainers Network Private Limited, buy the company report.

Total charge records: 7 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for True Gainers Network Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

True Gainers Network has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
09AACCT2186K1ZZUttar PradeshActive12 Dec 2018

To see the full GST registrations and return filing status of True Gainers Network Private Limited, buy the company report.

Recent activity

True Gainers Network Private Limited has 5 board changes on record since 2003: 2 appointments and 3 cessations. The latest: Rakesh Kumar Nangia ceased to be Additional Director on 30 Sep 2014.

AGM
True Gainers Network Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Axis Bank Limited of Rs. 5,500.00 Lakh registered on 20 Nov 2022 with Charge ID 100660655 was modified on 30 Sep 2024.
Filing
True Gainers Network Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Axis Bank Limited amounted to Rs. 5,500.00 Lakh with Charge ID 100660655 was registered on 20 Nov 2022.
Charges
A charge registered on 20 Nov 2013 via Charge ID 10462128 with Citi Bank N.A. was fully satisfied on 26 Jun 2015.
Charges
A charge registered on 20 Nov 2013 via Charge ID 10462279 with Citi Bank N.A. was fully satisfied on 17 Apr 2015.
Charges
A charge registered on 15 May 2010 via Charge ID 10226952 with Citi Bank N.A was fully satisfied on 17 Apr 2015.
Ceased
Rakesh Kumar Nangia ceased to be Additional Director.
Ceased
Bela Eashwaran ceased to be Director.
Appointed
Rakesh Kumar Nangia was appointed as Director.
Ceased
Sangeeta Kalra ceased to be Director.
Charges
A charge with Citi Bank N.A. amounted to Rs. 200.00 Lakh with Charge ID 10462279 was registered on 20 Nov 2013.

7 earlier events are in the company report.

Frequently asked questions

True Gainers Network is an active private limited company based in New Delhi, Delhi, India. The company works in corporate training and development, within the education industry. It was incorporated on 28 September 2001 (25+ years old) and is registered under CIN U72900DL2001PTC290092.

True Gainers Network has 2 current directors:

The latest financial statements of True Gainers Network on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of True Gainers Network is 09AACCT2186K1ZZ, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of True Gainers Network is U72900DL2001PTC290092. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

True Gainers Network was incorporated on 28 September 2001, making it 25+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of True Gainers Network by revenue are Divyam Educom Private Limited, Unschooled Global Private Limited, Intellisis Resources Private Limited, all in the Education industry (Corporate and Commercial Training, Education Technology), with the same principal business activity (higher education, technical & vocational education).

Rakesh Kumar Nangia ceased to be Additional Director on 30 Sep 2014. Bela Eashwaran ceased to be Director on 01 Apr 2014. Rakesh Kumar Nangia was appointed as Director on 01 Apr 2014. True Gainers Network has 5 board changes on record in total.

Yes, True Gainers Network is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-28-0046342).

The registered office of True Gainers Network is at B – 27 Soami Nagar, New Delhi, Delhi, India – 110017.

True Gainers Network operates in the education industry, in the corporate training and development segment.