True Life Science Private Limited
About True Life Science Private Limited
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True Life Science Private Limited is a private limited company based in Gurugram, Haryana, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 06 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U24100HR2011PTC041833. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.95 Lakh. It is led by directors Monika Sharma and Sandeep Sharma.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Basement Plot No 2 Rajiv Colony NH 8, Gurugram, Haryana, India – 122001.
As per the financials filed for FY 2017, the company reported a revenue of ₹6.08 Lakh, a decline of 72% compared to the previous year. For the same year it recorded a net profit of ₹10,071 (net margin 1.7%) and EBITDA of -₹64,153 (EBITDA margin -10.5%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years.
As per MCA filings, the company has open charges of ₹8 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
True Life Science Private Limited's registered office is in Gurugram, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBasement Plot No 2 Rajiv Colony NH 8, Gurugram, Haryana, India – 122001
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of True Life Science 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
Financials of True Life Science Private Limited
FY 2020 filings availableTrue Life Science Private Limited reported revenue of ₹6.08 Lakh (down 72% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over three years, including a 72% fall 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹6.08 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹64,153 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹10,071 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -10.5% | ||
| Net Profit Margin | 1.7% | ||
| 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 Life Science Private Limited, buy the company report.
Board of directors of True Life Science Private Limited
True Life Science has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Monika Sharma | Director | 14 Feb 2012 | 14 Years 8 Months | Current |
| Sandeep Sharma | Director | 06 Jan 2011 | 15 Years 9 Months | Current |
Auditor
True Life Science Private Limited is audited by S M SAINI & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S M SAINI & ASSOCIATES | FY 2017 | 014267N |
Shareholding
The shareholding of True Life Science Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of True Life Science Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 2014 | 10517151 | Dena Bank | ₹8 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving True Life Science 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 Life Science Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
True Life Science has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of True Life Science Private Limited, buy the company report.
Recent activity
True Life Science Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Deepak Sharma ceased to be Director on 14 Feb 2012.
Frequently asked questions
True Life Science is an active private limited company based in Gurugram, Haryana, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 06 January 2011 (15+ years old) and is registered under CIN U24100HR2011PTC041833.
True Life Science has 2 current directors:
- Monika Sharma - Director
- Sandeep Sharma - Director
The latest financial statements of True Life Science on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. True Life Science has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of True Life Science is U24100HR2011PTC041833. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Life Science was incorporated on 06 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Haryana.
Deepak Sharma ceased to be Director on 14 Feb 2012. Monika Sharma was appointed as Director on 14 Feb 2012. Sandeep Sharma was appointed as Director on 06 Jan 2011.
The registered office of True Life Science is at Basement Plot No 2 Rajiv Colony NH 8, Gurugram, Haryana, India – 122001.
True Life Science operates in the healthcare industry, in the medical and laboratory equipment segment.
True Life Science has open charges of ₹8 Lakh and no satisfied charges on record as per latest MCA filings.