True Origin Essentials Private Limited
About True Origin Essentials Private Limited
Data last updated:
True Origin Essentials Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the seed production and distribution segment of the agriculture sector. It was incorporated on 16 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U51100PN2013PTC155182. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1.21 Lakh. It was formerly known as Celebrating Vacations Private Limited. It is led by directors Laxman Sanjay Rane and Jitendra Kailas Sharma.
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 64 Rajni 2nd Floor Shivaji Housing Society Off Senapati Bapat Road, Pune, Maharashtra, India – 411016.
As per the financials filed for FY 2024, the company reported a revenue of ₹42,200, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹39,323 (net margin -93.2%) and EBITDA of ₹19,500 (EBITDA margin 46.2%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹1.06 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address64 Rajni 2nd Floor Shivaji Housing Society Off Senapati Bapat Road, Pune, Maharashtra, India – 411016
- IndustryAgriculture, Seed Production & Distribution, Fertilizers & Soil Enhancers
- 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
- One PDF report, delivered after checkout
Business Activity of True Origin Essentials Private Limited
The main business activity of True Origin Essentials is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of True Origin Essentials Private Limited FY 2024 filings available
True Origin Essentials Private Limited reported revenue of ₹42,200 (down 97% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of True Origin Essentials Private Limited
Revenue fell 97% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 101% 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 of True Origin Essentials Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹19,500 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹39,323 | •••• | •••• | •••• | •••• |
| 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 of True Origin Essentials Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 46.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -93.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of True Origin Essentials are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of True Origin Essentials Private Limited
True Origin Essentials Private Limited is compared with the companies closest to it by revenue in the Agriculture industry (Fertilizers, Seeds). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MLD Seeds Producer Company Limited | •••• | •••• | •••• | •••• | - | Gwalior, Madhya Pradesh, India |
| Madhya Pradesh Orgo-Chem Limited | •••• | •••• | •••• | •••• | - | Neemuch, Madhya Pradesh, India |
| Havenex Hybrid Seeds Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Biya Organics Private Limited | •••• | •••• | •••• | •••• | - | Vijayawada, Andhra Pradesh, India |
| Sewak Seeds Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| True Origin Essentials Private Limited this company | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Varinder Fertilizers and Chemicals Pvt Ltd | •••• | •••• | •••• | •••• | - | U T, Chandigarh, India |
| Prayag Organics Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Starshine Realcon Private Limited | •••• | •••• | •••• | •••• | - | North 24 Pgs, West Bengal, India |
| Sky Organics Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Progressive Farmgrow Agro Biotech Private Limited | •••• | •••• | •••• | •••• | - | Chandigarh, India |
Peers are the five companies nearest above and the five nearest below True Origin Essentials by revenue in the Agriculture industry (Fertilizers, Seeds), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of True Origin Essentials Private Limited
True Origin Essentials Private Limited is audited by M K R S & ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M K R S & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of True Origin Essentials Private Limited
True Origin Essentials 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 |
|---|---|---|---|---|
| Laxman Sanjay Rane Also directs: Agro-Next International Private Limited, Solidus Stones Private Limited, Precia Foods Private Limited and 3 more | Director | 30 Nov 2023 | 2 Years 10 Months | Current |
| Jitendra Kailas Sharma Also directs: Agro-Next International Private Limited, Solidus Stones Private Limited, Precia Foods Private Limited and 3 more | Director | 30 Nov 2023 | 2 Years 10 Months | Current |
Ownership and Shareholding of True Origin Essentials Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of True Origin Essentials Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Sep 2015 | Udyam Vikas Sahakari Bank Ltd. | ₹50 Lakh | Open |
| 28 Oct 2014 | Udyam Vikas Sahakari Bank Ltd. | ₹40 Lakh | Open |
| 28 Oct 2014 | Udyam Vikas Sahakari Bank Ltd. | ₹15.77 Lakh | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at True Origin Essentials Private Limited
Employment history and EPFO contributions of people linked to True Origin Essentials.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of True Origin Essentials Private Limited
True Origin Essentials has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51100PN2013PTC155182, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100PN2013PTC155182 | Current |
| U63090MH2013PTC247041 | Previous |
| U63090PN2013PTC155182 | Previous |
Recent Activity on True Origin Essentials Private Limited
True Origin Essentials Private Limited has 9 board changes on record since 2021: 2 appointments and 7 cessations. The latest: Jitendra Kailas Sharma ceased to be Additional Director on 29 Sep 2024.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for True Origin Essentials Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by True Origin Essentials Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of True Origin Essentials Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of True Origin Essentials Private Limited
True Origin Essentials has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of True Origin Essentials Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about True Origin Essentials Private Limited
True Origin Essentials is an active private limited company based in Pune, Maharashtra, India. The company works in seed production and distribution, within the agriculture industry. It was incorporated on 16 August 2013 (13+ years old) and is registered under CIN U51100PN2013PTC155182.
True Origin Essentials reported revenue of ₹42,200 for FY 2024 (down 97% YoY).
True Origin Essentials has 2 current directors:
- Laxman Sanjay Rane - Director
- Jitendra Kailas Sharma - Director
True Origin Essentials reported a net loss of ₹39,323 (net margin -93.2%) and EBITDA of ₹19,500 (EBITDA margin 46.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of True Origin Essentials is -34% over three years and 11% over five years. In the latest year (FY 2024) revenue fell 97%. CAGR is the steady yearly rate that links the first and the last year.
No. True Origin Essentials has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of True Origin Essentials is U51100PN2013PTC155182. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Origin Essentials was incorporated on 16 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.
The peers of True Origin Essentials by revenue are MLD Seeds Producer Company Limited, Madhya Pradesh Orgo-Chem Limited, Havenex Hybrid Seeds Private Limited, Biya Organics Private Limited, Sewak Seeds Private Limited and 5 more, all in the Agriculture industry (Fertilizers, Seeds).
Jitendra Kailas Sharma ceased to be Additional Director on 29 Sep 2024. Laxman Sanjay Rane ceased to be Additional Director on 29 Sep 2024. Aayush Lakhotia ceased to be Additional Director on 01 Dec 2023. True Origin Essentials has 9 board changes on record in total.
The registered office of True Origin Essentials is at 64 Rajni 2nd Floor Shivaji Housing Society Off Senapati Bapat Road, Pune, Maharashtra, India – 411016.