About True Living Spaces Private Limited
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True Living Spaces Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Ozone Properties Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 07 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45400KA2011PTC059511. Its GSTIN is 29AAECT7717N1ZM (Karnataka).
The company has an authorised share capital of ₹6.75 Cr and a paid-up capital of ₹4.09 Cr. It is led by directors Sathya Moorthy Sai Prasad and Vasudevan Sathyamoorthy.
Its last annual general meeting (AGM) was held on 23 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 38 Ulsoor Road, Bangalore, Karnataka, India – 560042.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹100 Cr and satisfied charges of ₹380 Cr on record. Court records list 2 cases involving the company, including 2 filed against it. The company has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹41.84 Cr; the latest was in January 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ozonegroup.com.
Company details
Contact details
True Living Spaces Private Limited's registered office is in Bangalore, Karnataka. Its website is ozonegroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 38 Ulsoor Road, Bangalore, Karnataka, India – 560042
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of True Living Spaces 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 Living Spaces Private Limited
FY 2024 filings availableTrue Living Spaces Private Limited reported revenue of ₹2,017 (down 100% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 92% over five years. 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
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Financial Ratios
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To see the full financial statements and ratios of True Living Spaces Private Limited, buy the company report.
Board of directors of True Living Spaces Private Limited
True Living Spaces has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sathya Moorthy Sai Prasad Also directs: Ozone Lifestyle Projects Private Limited, Ozone Realtors Private Limited, Ozone Infra Con Private Limited and 5 more | Director | 31 Mar 2015 | 11 Years 7 Months | Current |
| Vasudevan Sathyamoorthy Also directs: Ozone Lifestyle Projects Private Limited, Ozone Shelters Private Limited, Ozone Leisure and Resorts Private Limited and 5 more | Director | 23 Mar 2017 | 9 Years 7 Months | Current |
Auditor
True Living Spaces Private Limited is audited by A R T S & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A R T S & CO | FY 2023 | 018060S |
Shareholding
The shareholding of True Living Spaces 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
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To see the full shareholding pattern of True Living Spaces Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Dec 2017 | 100152598 | Others | ₹100 Cr | Open | |
| 24 Jun 2019 | 100271879 | Others | ₹380 Cr | Satisfied |
To see the full charge records of True Living Spaces Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
True Living Spaces Private Limited has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹41.84 Cr; the latest was in January 2018.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2018 | Funding round | ₹41.84 Cr | Investors: Callisto Horizon Limited |
| Jun 2017 | Rights issue | ₹3.6 Cr | Investors: Ozone Properties Private Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Ozone Properties Private Limited Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
True Living Spaces Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Indiabulls Housing Finance Ltd | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by India Bulls Housing Finance Ltd. | Disposed |
To see the full case history of True Living Spaces 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 Living Spaces Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
True Living Spaces has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Platinum Holdings Private Limited | U45202TN2006PTC059598 |
To see the full group structure of True Living Spaces Private Limited, buy the company report.
GST
True Living Spaces has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECT7717N1ZM | Karnataka | Active | 23 Nov 2017 |
To see the full GST registrations and return filing status of True Living Spaces Private Limited, buy the company report.
Recent activity
True Living Spaces Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Priya Vasudevan ceased to be Director on 01 Feb 2018.
Frequently asked questions
True Living Spaces is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 07 July 2011 (15+ years old) and is registered under CIN U45400KA2011PTC059511.
True Living Spaces has 2 current directors:
- Sathya Moorthy Sai Prasad - Director
- Vasudevan Sathyamoorthy - Director
The latest financial statements of True Living Spaces on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of True Living Spaces is 29AAECT7717N1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of True Living Spaces is U45400KA2011PTC059511. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Living Spaces has 2 court cases on record: 2 filed against it.
True Living Spaces was incorporated on 07 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
True Living Spaces has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹41.84 Cr; the latest was in January 2018.
Priya Vasudevan ceased to be Director on 01 Feb 2018. Vasudevan Sathyamoorthy ceased to be Additional Director on 23 Sep 2017. Medipalli Sreehari ceased to be Director on 23 Mar 2017. True Living Spaces has 6 board changes on record in total.
True Living Spaces can be reached through the website ozonegroup.com. Its registered office is in Bangalore, Karnataka, India.
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