About True & Real Value Automobile Services Private Limited
Data last updated:
True & Real Value Automobile Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the retail trading segment of the trading and commerce sector. It was incorporated on 07 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U50401KA2015PTC142944. Its GSTIN is 27AAFCT4449L1ZU (Maharashtra).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹17.37 Lakh. It is led by directors Prasun Kumar Mandal and Vineet Sehgal.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 106 Sub No.5 6 7 8 And 9 Rachanhaelli Village 167 Srk Nagar Post Krishnarajuram Hobli, Bangalore, Karnataka, India – 560045.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.11 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net loss of ₹68.07 Lakh (net margin -61.2%) and EBITDA of -₹91.5 Lakh (EBITDA margin -82.3%). Revenue has grown at a compounded annual rate (CAGR) of 445% over three years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: DoSeat. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹7.25 Cr; the latest was in September 2017. Its 4 peer companies in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading) are compared by revenue, 2 larger and 2 smaller; the largest is Biscayne Exotics (OPC) Private Limited with revenue of ₹1.12 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website doseat.com.
Company details
CIN history
True & Real Value Automobile Services has one previous CIN (Corporate Identification Number): U50401MH2015PTC267272. The current CIN is U50401KA2015PTC142944, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U50401KA2015PTC142944 | Current |
| U50401MH2015PTC267272 | Previous |
Contact details
True & Real Value Automobile Services Private Limited's registered office is in Bangalore, Karnataka. Its website is doseat.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address106 Sub No.5 6 7 8 And 9 Rachanhaelli Village 167 Srk Nagar Post Krishnarajuram Hobli, Bangalore, Karnataka, India – 560045
- IndustryTrading, Retail Trading, Retailers
To see the full contact details of True & Real Value Automobile Services 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 & Real Value Automobile Services operates one associated brand: DoSeat. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online listing platform for new and used bikes | doseat.com |
Financials of True & Real Value Automobile Services Private Limited
FY 2025 filings availableTrue & Real Value Automobile Services Private Limited reported revenue of ₹1.11 Cr (up 53% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 445% over three years, including 53% growth in the latest year. EBITDA rose 51% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1.11 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹91.5 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹68.07 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -82.3% | |||
| Net Profit Margin | -61.2% | |||
| 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 | ||||
To see the full financial statements and ratios of True & Real Value Automobile Services Private Limited, buy the company report.
Board of directors of True & Real Value Automobile Services Private Limited
True & Real Value Automobile Services has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasun Kumar Mandal Also directs: Quikr Red Private Limited, Zero Effort Technologies Private Limited, Flat Dot to Technologies Private Limited and 5 more | Director | 03 Mar 2021 | 5 Years 7 Months | Current |
| Vineet Sehgal Also directs: Quikr Red Private Limited, Zero Effort Technologies Private Limited, Flat Dot to Technologies Private Limited and 5 more | Director | 28 Feb 2024 | 2 Years 8 Months | Current |
Peer comparison
True & Real Value Automobile Services Private Limited is compared with the 4 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Biscayne Exotics (OPC) Private Limited | ₹1.12 Cr (FY 2025) | 52.0% | Mumbai, Maharashtra, India | |||
| Animesh Autocorp Private Limited | ₹1.11 Cr (FY 2022) | -2.0% | Kolkata, West Bengal, India | |||
| True & Real Value Automobile Services Private Limitedthis company | ₹1.11 Cr (FY 2019) | -₹68.07 Lakh | -61.2% | 53.0% | 13 | Bangalore, Karnataka, India |
| Rudra Car Dealers India Private Limited | ₹1.11 Cr (FY 2025) | -8.0% | Naihati, West Bengal, India | |||
| Y S Motors Private Limited | ₹1.11 Cr (FY 2016) | Saharanpur, Uttar Pradesh, India |
To see the full peer comparison of True & Real Value Automobile Services Private Limited, buy the company report.
Auditor
True & Real Value Automobile Services Private Limited is audited by R. C. Jain & Associates LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. C. Jain & Associates LLP | FY 2019 | 103952W/W100156 |
Shareholding
The shareholding of True & Real Value Automobile Services Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of True & Real Value Automobile Services Private Limited, buy the company report.
Deals & funding
True & Real Value Automobile Services Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹7.25 Cr; the latest was in September 2017.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Dec 2015 | Funding round | ₹6.85 Cr | Investors: Orios Venture Partners |
| Oct 2015 | Funding round | ₹10 Lakh | Investors: an individual |
| Oct 2015 | Funding round | ₹30.4 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving True & Real Value Automobile Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
True & Real Value Automobile Services Private Limited was last rated by Care on 25 Jun 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 25 Jun 2020 |
To see the full credit ratings and regulatory alerts of True & Real Value Automobile Services Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for True & Real Value Automobile Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
True & Real Value Automobile Services Private Limited has a workforce of 13 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
True & Real Value Automobile Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCT4449L1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of True & Real Value Automobile Services Private Limited, buy the company report.
Recent activity
True & Real Value Automobile Services Private Limited has 14 board changes on record since 2015: 8 appointments and 6 cessations. The latest: Sonali Vinayak Madbhavi ceased to be Director on 29 Feb 2024.
5 earlier events are in the company report.
Frequently asked questions
True & Real Value Automobile Services is an active private limited company based in Bangalore, Karnataka, India. The company works in retail trading, within the trading industry. It was incorporated on 07 August 2015 (11+ years old) and is registered under CIN U50401KA2015PTC142944.
True & Real Value Automobile Services has 2 current directors:
- Prasun Kumar Mandal - Director
- Vineet Sehgal - Director
The latest financial statements of True & Real Value Automobile Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of True & Real Value Automobile Services is 27AAFCT4449L1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of True & Real Value Automobile Services is U50401KA2015PTC142944. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True & Real Value Automobile Services was incorporated on 07 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
True & Real Value Automobile Services has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹7.25 Cr; the latest was in September 2017.
The peers of True & Real Value Automobile Services by revenue are Biscayne Exotics (OPC) Private Limited, Animesh Autocorp Private Limited, Rudra Car Dealers India Private Limited, Y S Motors Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Sonali Vinayak Madbhavi ceased to be Director on 29 Feb 2024. Vineet Sehgal was appointed as Director on 28 Feb 2024. Amit Jain ceased to be Director on 12 Aug 2021. True & Real Value Automobile Services has 14 board changes on record in total.
True & Real Value Automobile Services can be reached through the website doseat.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of True & Real Value Automobile Services is at 106 Sub No.5 6 7 8 And 9 Rachanhaelli Village 167 Srk Nagar Post Krishnarajuram Hobli, Bangalore, Karnataka, India – 560045.
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