About Trueblue India IT Private Limited
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Trueblue India IT Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Staff Management Solutions Llc, Usa. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 01 November 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2002PTC031175. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.5 Cr. It was formerly known as Seaton India It Private Limited. It is led by directors Rahul Singh and Todd Nathaniel Gilman.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Condor Mirage 3rd Floor 101/1 Richmond Road Richmond Town, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2022, the company reported a revenue of ₹33,560, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹24,830 (net margin 74%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 90% over five years.
The company has about 438 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: TrueBlue.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website seatoncorp.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressCondor Mirage 3rd Floor 101/1 Richmond Road Richmond Town, Bangalore, Karnataka, India – 560025
- IndustryInformation Technology, IT Consulting & Support Services
- 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
Financials of Trueblue India IT Private Limited FY 2025 filings available
Trueblue India IT Private Limited reported revenue of ₹33,560 (up 3% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Trueblue India IT Private Limited
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 90%. 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 Trueblue India IT Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹33,560 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24,830 | •••• | •••• | •••• | •••• |
| 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 Trueblue India IT Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | 74% | •••• | •••• | •••• | •••• |
| 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 Trueblue India IT 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.
Auditor Details of Trueblue India IT Private Limited
Trueblue India IT Private Limited is audited by Narendra Singhania & Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Narendra Singhania & Co. | 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 Trueblue India IT Private Limited
Trueblue India IT has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Singh Also directs: Trueblue India LLP, Trueblue Services India LLP | Director | 24 Jul 2017 | 9 Years 2 Months | Current |
| Todd Nathaniel Gilman Also directs: Trueblue India LLP, Trueblue Services India LLP | Director | 06 Sep 2018 | 8 Years 1 Months | Current |
Ownership and Shareholding of Trueblue India IT 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 Trueblue India IT Private Limited
Trueblue India IT Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Trueblue India IT Private Limited
Trueblue India IT operates one associated brand: TrueBlue. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| HR consulting services are provided to businesses from Tacoma. | seatoncorp.com |
Employees and EPFO Compliance at Trueblue India IT Private Limited
Employment history and EPFO contributions of people linked to Trueblue India IT.
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.
News related to Trueblue India IT Private Limited
Recent Activity on Trueblue India IT Private Limited
Trueblue India IT Private Limited has 11 board changes on record since 2013: 2 appointments and 9 cessations. The latest: James Elliott Defebaugh ceased to be Director on 01 Jul 2020.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Trueblue India IT 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 Trueblue India IT 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 Trueblue India IT 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 Trueblue India IT Private Limited
Trueblue India IT has 1 GST registration on record, and it has been cancelled or is 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 Trueblue India IT 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 Trueblue India IT Private Limited
Trueblue India IT is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 01 November 2002 (24+ years old) and is registered under CIN U72200KA2002PTC031175.
Trueblue India IT reported revenue of ₹33,560 for FY 2022 (up 3% YoY).
Trueblue India IT has 2 current directors:
- Rahul Singh - Director
- Todd Nathaniel Gilman - Director
Trueblue India IT reported a net profit of ₹24,830 (net margin 74%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Trueblue India IT is -59% over three years and -90% over five years. In the latest year (FY 2022) revenue rose 3%. CAGR is the steady yearly rate that links the first and the last year.
No. Trueblue India IT has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Trueblue India IT is U72200KA2002PTC031175. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trueblue India IT was incorporated on 01 November 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.
James Elliott Defebaugh ceased to be Director on 01 Jul 2020. Todd Nathaniel Gilman ceased to be Additional Director on 14 Nov 2018. Todd Nathaniel Gilman was appointed as Director on 06 Sep 2018. Trueblue India IT has 11 board changes on record in total.
Trueblue India IT can be reached through the website seatoncorp.com. Its registered office is in Bangalore, Karnataka, India.