Truebuy Private Limited
About Truebuy Private Limited
Data last updated:
Truebuy Private Limited is a private limited company based in Mumabi, Maharashtra, India. It operates in the retail trade segment of the trading and commerce sector. It was incorporated on 13 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC282306. Its GSTIN is 27AAFCT7891L1ZI (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Ankit Devendrakumar Vakhariya and Abhishek Bhawanishankar Tibrewal.
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 Flat No.202 Tower II Challenger Tower Thakur Village Kandivali (E), Mumabi, Maharashtra, India – 400101.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.67 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹68,705 (net margin -14.7%) and EBITDA of -₹68,088 (EBITDA margin -14.6%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 48% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Truebuy Private Limited's registered office is in Mumabi, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No.202 Tower II Challenger Tower Thakur Village Kandivali (E), Mumabi, Maharashtra, India – 400101
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Truebuy 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
Business activity
The main business activity of Truebuy is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles |
To see the full business activity and turnover split of Truebuy Private Limited, buy the company report.
Financials of Truebuy Private Limited
FY 2024 filings availableTruebuy Private Limited reported revenue of ₹4.67 Lakh (down 87% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years, including a 87% fall in the latest year. EBITDA rose 93% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹68,088 | ||||
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| Net Profit (PAT) | -₹68,705 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -14.6% | ||||
| Net Profit Margin | -14.7% | ||||
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To see the full financial statements and ratios of Truebuy Private Limited, buy the company report.
Board of directors of Truebuy Private Limited
Truebuy has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Devendrakumar Vakhariya Also directs: DND Vacations Homes LLP | Director | 13 Jun 2016 | 10 Years 4 Months | Current |
| Abhishek Bhawanishankar Tibrewal | Director | 13 Jun 2016 | 10 Years 4 Months | Current |
Auditor
Truebuy Private Limited is audited by Singhal Sanklecha & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singhal Sanklecha & Co. | FY 2023 | 025768C |
Shareholding
The shareholding of Truebuy Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Truebuy Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Truebuy 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 Truebuy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Truebuy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCT7891L1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Truebuy Private Limited, buy the company report.
Recent activity
Truebuy Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Abhishek Bhawanishankar Tibrewal was appointed as Director on 13 Jun 2016.
Frequently asked questions
Truebuy is an active private limited company based in Mumabi, Maharashtra, India. The company works in retailers, within the trading industry. It was incorporated on 13 June 2016 (10+ years old) and is registered under CIN U74999MH2016PTC282306.
Truebuy has 2 current directors:
- Ankit Devendrakumar Vakhariya - Director
- Abhishek Bhawanishankar Tibrewal - Director
The latest financial statements of Truebuy on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Truebuy is 27AAFCT7891L1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Truebuy is U74999MH2016PTC282306. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Truebuy was incorporated on 13 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Abhishek Bhawanishankar Tibrewal was appointed as Director on 13 Jun 2016. Ankit Devendrakumar Vakhariya was appointed as Director on 13 Jun 2016.
The registered office of Truebuy is at Flat No.202 Tower II Challenger Tower Thakur Village Kandivali E, Mumabi, Maharashtra, India – 400101.
Truebuy operates in the trading industry, in the retailers segment.
The compliance status of Truebuy is compliant as of 17 July 2026. The company is actively filing with the Registrar of Companies.