MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0274424
True Source Consulting Private Limited
True Source Consulting Private Limited - business services in Bangalore, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2025
₹17.93 Lakh
▲ 28% YoY
Net loss · FY 2025
₹3.68 Lakh
Net margin -20.5%
EBITDA · FY 2025
-₹3.32 Lakh
EBITDA margin -18.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About True Source Consulting Private Limited
Data last updated:
True Source Consulting Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 29 August 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2022PTC165493.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vulava Rushendra and Lekkalapudi Balaji.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.93 Lakh, a growth of 28% compared to the previous year. For the same year it recorded a net loss of ₹3.68 Lakh (net margin -20.5%) and EBITDA of -₹3.32 Lakh (EBITDA margin -18.5%).
True Source Consulting Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0274424). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999KA2022PTC165493
Registration Number 165493
Incorporation Date 29 August 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0274424
Recognitions & Rankings of True Source Consulting
Contact details
True Source Consulting Private Limited's registered office is in Bangalore, Karnataka.
- Registered Address465 3rd Floor, 45th Cross 8th Block, Bangalore, Karnataka, India – 560082
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
Comprehensive company report
True Source Consulting 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of True Source Consulting is professional, scientific and technical activities. In detail, this covers legal and accounting activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 69 | Legal and accounting activities |
To see the full business activity and turnover split of True Source Consulting Private Limited, buy the company report.
Financials of True Source Consulting Private Limited
FY 2025 filings availableTrue Source Consulting Private Limited reported revenue of ₹17.93 Lakh (up 28% YoY) for FY 2025.
Revenue · FY 2025
₹17.93 Lakh ▲ 28%
Net loss · FY 2025
₹3.68 Lakh margin -20.5%
EBITDA · FY 2025
-₹3.32 Lakh margin -18.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 28%
EBITDA CAGR growth
1 year
▲ 14%
Revenue rose 28% in the latest year. EBITDA rose 14% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| Total Expenses | |||
| EBITDA | -₹3.32 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3.68 Lakh | ||
| Balance Sheet | |||
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| Reserves and Surplus | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -18.5% | ||
| Net Profit Margin | -20.5% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of True Source Consulting Private Limited, buy the company report.
Board of directors of True Source Consulting Private Limited
True Source Consulting has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vulava Rushendra | Director | 29 Aug 2022 | 4 Years 1 Months | Current |
| Lekkalapudi Balaji | Director | 29 Aug 2022 | 4 Years 1 Months | Current |
Peer comparison
True Source Consulting Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (legal and accounting activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nmva Management Consultancy Private Limited | ₹18.05 Lakh (FY 2025) | 1.0% | Jaipur, Rajasthan, India | |||
| Fincraze Advisors Private Limited | ₹18.03 Lakh (FY 2025) | 7.0% | Dadri, Uttar Pradesh, India | |||
| PKS Consultants Private Limited | ₹18.03 Lakh (FY 2025) | 186.0% | Kolkata, West Bengal, India | |||
| Chomal Corporate Services Private Limited | ₹18.02 Lakh (FY 2024) | 10.0% | Thane, Maharashtra, India | |||
| Ecount Consultancy Private Limited | ₹18.01 Lakh (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| True Source Consulting Private Limitedthis company | ₹17.93 Lakh (FY 2025) | -₹3.68 Lakh | -20.5% | 28.0% | Bangalore, Karnataka, India | |
| Singhania and Company Private Limited | ₹17.89 Lakh (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Renaissance Capital Advisors Private Limited | ₹17.87 Lakh (FY 2024) | -48.0% | New Delhi, Delhi, India | |||
| Benign Consultancy Private Limited | ₹17.83 Lakh (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Miles Corporate Solutions Private Limited | ₹17.81 Lakh (FY 2025) | -61.0% | New Delhi, Delhi, India | |||
| Get Way Management Consultants Private Limited | ₹17.8 Lakh (FY 2024) | -10.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of True Source Consulting Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving True Source Consulting 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 Source Consulting Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for True Source Consulting Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
True Source Consulting Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Lekkalapudi Balaji was appointed as Director on 29 Aug 2022.
AGM
True Source Consulting Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
True Source Consulting Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Lekkalapudi Balaji was appointed as Director.
Appointed
Vulava Rushendra was appointed as Director.
Incorporation
29 Aug 2022
True Source Consulting Private Limited was registered on 29 Aug 2022 with Roc Bangalore & aged 4 years 1 month as per MCA records.
Frequently asked questions
True Source Consulting is an active private limited company based in Bangalore, Karnataka, India. The company works in other services, within the business services industry. It was incorporated on 29 August 2022 (4+ years old) and is registered under CIN U74999KA2022PTC165493.
True Source Consulting has 2 current directors:
- Vulava Rushendra - Director
- Lekkalapudi Balaji - Director
The latest financial statements of True Source Consulting on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of True Source Consulting is U74999KA2022PTC165493. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Source Consulting was incorporated on 29 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of True Source Consulting by revenue are Nmva Management Consultancy Private Limited, Fincraze Advisors Private Limited, PKS Consultants Private Limited, Chomal Corporate Services Private Limited, Ecount Consultancy Private Limited and 5 more, all in the same principal business activity (legal and accounting activities).
Lekkalapudi Balaji was appointed as Director on 29 Aug 2022. Vulava Rushendra was appointed as Director on 29 Aug 2022.
Yes, True Source Consulting is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0274424).
The registered office of True Source Consulting is at 465 3rd Floor, 45th Cross 8th Block, Bangalore, Karnataka, India – 560082.
True Source Consulting operates in the business services industry, in the other services segment.
The compliance status of True Source Consulting is compliant as of 24 September 2026. The company is actively filing with the Registrar of Companies.