Startup India Government of India
Trueassist Technology Private Limited - automotive in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.58 Cr
▲ 46% YoY
Net profit · FY 2025
₹1.81 Lakh
Net margin 1.1%
EBITDA · FY 2025
₹2.85 Lakh
EBITDA margin 1.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹25,000
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Trueassist Technology Private Limited
Data last updated:
Trueassist Technology Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 01 November 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022PTC167518. Its GSTIN is 29AAJCT7576L1ZC (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹25,000. It is led by directors Naina Shivajirao Padaki and Anand Omanna Kutre.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.C – 102 Devasandra Ind. Estatem D – Pura Hoody/F8, Bangalore, Karnataka, India – 560048.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.58 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹1.81 Lakh (net margin 1.1%) and EBITDA of ₹2.85 Lakh (EBITDA margin 1.8%).
The company is associated with 1 brand: True Assistive Technology. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
Trueassist Technology Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0240761). For more details, the company can be reached via its website trueassistech.com.
Company details
CIN U72900KA2022PTC167518
Registration Number 167518
Incorporation Date 01 November 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0240761
Recognitions & Rankings of Trueassist Technology
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KR-03-0240761
Contact details
Trueassist Technology Private Limited's registered office is in Bangalore, Karnataka. Its website is trueassistech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.C – 102 Devasandra Ind. Estatem D – Pura Hoody/F8, Bangalore, Karnataka, India – 560048
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Trueassist Technology Private Limited, buy the company report.
Comprehensive company report
Trueassist Technology 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
Brands
Trueassist Technology operates one associated brand: True Assistive Technology. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Automotive electrical and electronic systems are manufactured in India. | trueassistech.com |
Business activity
The main business activity of Trueassist Technology is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Trueassist Technology Private Limited, buy the company report.
Financials of Trueassist Technology Private Limited
FY 2025 filings availableTrueassist Technology Private Limited reported revenue of ₹1.58 Cr (up 46% YoY) for FY 2025.
Revenue · FY 2025
₹1.58 Cr ▲ 46%
Net profit · FY 2025
₹1.81 Lakh margin 1.1%
EBITDA · FY 2025
₹2.85 Lakh margin 1.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 46%
EBITDA CAGR growth
1 year
▼ 39%
Revenue rose 46% in the latest year. EBITDA fell 39% 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 |
|---|---|---|---|
| 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 | ₹2.85 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.81 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 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.8% | ||
| Net Profit Margin | 1.1% | ||
| 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 Trueassist Technology Private Limited, buy the company report.
Board of directors of Trueassist Technology Private Limited
Trueassist Technology has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naina Shivajirao Padaki | Director | 01 Nov 2022 | 3 Years 11 Months | Current |
| Anand Omanna Kutre | Director | 01 Nov 2022 | 3 Years 11 Months | Current |
Auditor
Trueassist Technology Private Limited is audited by GOEL KAPIL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOEL KAPIL & ASSOCIATES | FY 2023 | 031027N |
Shareholding
The shareholding of Trueassist Technology Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Trueassist Technology Private Limited, buy the company report.
Legal cases
Trueassist Technology Private Limited has 2 court cases on record: 2 filed by Trueassist Technology. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Trueassist Technology 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 Trueassist Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Trueassist Technology Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
Active EPFO establishments
1
GST
Trueassist Technology has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCT7576L1ZC | Karnataka | Active | 22 Nov 2022 |
To see the full GST registrations and return filing status of Trueassist Technology Private Limited, buy the company report.
Recent activity
Trueassist Technology Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Anand Omanna Kutre was appointed as Director on 01 Nov 2022.
AGM
Trueassist Technology Private Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Filing
Trueassist Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Anand Omanna Kutre was appointed as Director.
Appointed
Naina Shivajirao Padaki was appointed as Director.
Incorporation
01 Nov 2022
Trueassist Technology Private Limited was registered on 01 Nov 2022 with Roc Bangalore & aged 3 years 11 months as per MCA records.
News
Frequently asked questions
Trueassist Technology is an active private limited company based in Bangalore, Karnataka, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 01 November 2022 (4+ years old) and is registered under CIN U72900KA2022PTC167518.
Trueassist Technology has 2 current directors:
- Naina Shivajirao Padaki - Director
- Anand Omanna Kutre - Director
The latest financial statements of Trueassist Technology on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Trueassist Technology is 29AAJCT7576L1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Trueassist Technology is U72900KA2022PTC167518. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trueassist Technology has 2 court cases on record: 2 filed by the company. 1 is pending.
Trueassist Technology was incorporated on 01 November 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
Anand Omanna Kutre was appointed as Director on 01 Nov 2022. Naina Shivajirao Padaki was appointed as Director on 01 Nov 2022.
Yes, Trueassist Technology is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Trueassist Technology is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0240761).