Truechip Solutions Private Limited

Truechip Solutions Private Limited - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U72900DL2008PTC181881 Incorporated 11 August 2008 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company information technology MSME
Data last updated
Revenue · FY 2025
₹59.66 Cr
▲ 76% YoY
Net profit · FY 2025
₹2.4 Cr
Net margin 4%
EBITDA · FY 2025
₹5.18 Cr
EBITDA margin 8.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹8.52 Lakh
Secured borrowings
Company age
18 yrs
Est. 2008
Employees · EPFO
248
Provident fund records

About Truechip Solutions Private Limited

Data last updated:

Truechip Solutions Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 11 August 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2008PTC181881. Its GSTIN is 09AACCD9483H1Z8 (Uttar Pradesh). The company holds 4 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Digicode Solutions Private Limited. It is led by directors including Arun Kishore and Nitin Kishore.

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 Room No 8, D – 25 Ist Floor Lajpat Nagar – II, New Delhi, Delhi, India – 110024.

As per the financials filed for FY 2025, the company reported a revenue of ₹59.66 Cr, a growth of 76% compared to the previous year. For the same year it recorded a net profit of ₹2.4 Cr (net margin 4%) and EBITDA of ₹5.18 Cr (EBITDA margin 8.7%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 35% over five years.

The company has about 248 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Truechip. As per MCA filings, the company has open charges of ₹8.52 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹49 Lakh; the latest was in November 2019.

Truechip Solutions Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-UP-28-0012898). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website truechip.net.

Company details

CIN U72900DL2008PTC181881
Registration Number 181881
Incorporation Date 11 August 2008
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-UP-28-0012898

Recognitions & Rankings of Truechip Solutions

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-UP-28-0012898

Contact details

Truechip Solutions Private Limited's registered office is in New Delhi, Delhi. Its website is truechip.net. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Room No 8, D – 25 Ist Floor Lajpat Nagar – II, New Delhi, Delhi, India – 110024
  • Industry
    Information Technology, Electronic Components & Equipment Manufacturing, IT Consulting & Support Services

To see the full contact details of Truechip Solutions Private Limited, buy the company report.

Comprehensive company report
Truechip Solutions 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

Truechip Solutions operates one associated brand: Truechip. Each brand links to its own profile.

BrandDescriptionWebsite
Provides verification IP and design services for ASIC, FPGA, and SOC development.truechip.net

Business activity

The main business activity of Truechip Solutions is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Truechip Solutions Private Limited, buy the company report.

Financials of Truechip Solutions Private Limited

FY 2025 filings available

Truechip Solutions Private Limited reported revenue of ₹59.66 Cr (up 76% YoY) for FY 2025.

Revenue · FY 2025
₹59.66 Cr ▲ 76%
Net profit · FY 2025
₹2.4 Cr margin 4%
EBITDA · FY 2025
₹5.18 Cr margin 8.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 76%
3 years · compounded
▲ 33%
5 years · compounded
▲ 35%
EBITDA CAGR growth
1 year
▲ 185%
3 years · compounded
▲ 17%
5 years · compounded
▲ 54%

Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 76% growth in the latest year. EBITDA rose 185% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹59.66 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹5.18 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.4 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin8.7%
Net Profit Margin4%
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 Truechip Solutions Private Limited, buy the company report.

Board of directors of Truechip Solutions Private Limited

Truechip Solutions has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Arun KishoreDirector11 Aug 200818 Years 2 MonthsCurrent
Arti KishoreAdditional Director02 Mar 200917 Years 8 MonthsCurrent
Nirmal KishoreAdditional Director20 Dec 201213 Years 10 MonthsCurrent
Nitin KishoreDirector15 Jun 201016 Years 4 MonthsCurrent

Auditor

Truechip Solutions Private Limited is audited by A J K R And Associates for the financial year 2024.

Auditor firmFinancial yearFirm registration number
A J K R And AssociatesFY 2024000516N

Shareholding

The shareholding of Truechip Solutions Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Truechip Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹8.52 Lakh
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹0.09 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Dec 2022100652427Hdfc Bank Limited₹8.52 LakhOpen

Total charge records: 1 View all charges

Deals & funding

Truechip Solutions Private Limited has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹49 Lakh; the latest was in November 2019.

Total deals
8
Secondary share transfers
5
Funding rounds
2
Acquisition
1
Disclosed funding
₹49 Lakh

Deals on record (5 of 8)

WhenDealAmountParties
Nov 2019Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals
Jul 2017Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals
Apr 2014Secondary share transferUndisclosedBuyer: 4 individuals
Seller: an individual
Dec 2012Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Sep 2012Funding round₹25 LakhInvestors: 2 individuals

To see the full deal history of Truechip Solutions Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Truechip Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Truechip Solutions Private Limited has a workforce of 248 employees on its EPFO records as of Feb 15, 2026, across 1 active EPFO establishment.

Employee count
248
Active EPFO establishments
1
Employee growth
1.64%

GST

Truechip Solutions has 4 GST registrations: 3 active and 1 cancelled or inactive.

Total GSTINs
4
Active
3
Cancelled / inactive
1
GSTINStateStatusRegistered on
09AACCD9483H1Z8Uttar PradeshActive01 Jul 2017
29AACCD9483H1Z6KarnatakaActive18 Jun 2018
27AACCD9483H1ZAMaharashtraActive04 Nov 2024

To see the full GST registrations and return filing status of Truechip Solutions Private Limited, buy the company report.

Recent activity

Truechip Solutions Private Limited has 8 board changes on record since 2008: 4 appointments and 4 cessations. The latest: Venkata Pavankumar Kalangi ceased to be Director on 16 Aug 2019.

AGM
Truechip Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Truechip Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 8.52 Lakh with Charge ID 100652427 was registered on 05 Dec 2022.
Ceased
Venkata Pavankumar Kalangi ceased to be Director.
Ceased
Somanathan Sundaram Madurai ceased to be Additional Director.
Ceased
Vishal Khetarpaul ceased to be Director.
Appointed
Nirmal Kishore was appointed as Additional Director.
Appointed
Nitin Kishore was appointed as Director.
Ceased
Aditya Gupta ceased to be Director.
Appointed
Arti Kishore was appointed as Additional Director.
Appointed
Arun Kishore was appointed as Director.
Incorporation
11 Aug 2008
Truechip Solutions Private Limited was registered on 11 Aug 2008 with Roc Delhi I & aged 18 years 3 months as per MCA records.

Frequently asked questions

Truechip Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 11 August 2008 (18+ years old) and is registered under CIN U72900DL2008PTC181881.

Truechip Solutions has 4 current directors:

The latest financial statements of Truechip Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Truechip Solutions is 09AACCD9483H1Z8, registered in Uttar Pradesh. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 29AACCD9483H1Z6 (Karnataka), 27AACCD9483H1ZA (Maharashtra).

The CIN (Corporate Identification Number) of Truechip Solutions is U72900DL2008PTC181881. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Truechip Solutions has 1 court case on record: 1 filed against it. 1 is pending.

Truechip Solutions was incorporated on 11 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.

Truechip Solutions has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹49 Lakh; the latest was in November 2019.

Venkata Pavankumar Kalangi ceased to be Director on 16 Aug 2019. Somanathan Sundaram Madurai ceased to be Additional Director on 29 Sep 2018. Vishal Khetarpaul ceased to be Director on 12 Aug 2013. Truechip Solutions has 8 board changes on record in total.

Yes, Truechip Solutions is registered as an MSME under Udyam registration (number: UDYAM-UP-28-0012898).