Truefin Advisory Services Private Limited

Truefin Advisory Services Private Limited - financial services in Kochi, Kerala, India. FY 2026 financials & compliance.
CIN U74999KL2017PTC048947 Incorporated 21 April 2017 ROC Ernakulam HQ Kochi, Kerala, India
Active Private Limited Company financial services DPIIT Startup
Data last updated
Revenue · FY 2022
₹5.9 Lakh
▲ 499% YoY
Net loss · FY 2022
₹31,100
Net margin -5.3%
EBITDA · FY 2022
₹55,200
EBITDA margin 9.3%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹7.5 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Truefin Advisory Services Private Limited

Data last updated:

Truefin Advisory Services Private Limited is a private limited company based in Kochi, Kerala, India, recognised as a startup by DPIIT. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 21 April 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74999KL2017PTC048947. Its GSTIN is 32AAGCT2244N1Z9 (Kerala).

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹7.5 Lakh. It is led by directors Sajeeve Joy (Managing Director) and Satishkumar Chandran.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Building No.1026A Ward No.46 Santhi Nagar Road Chakkaraparambu Vennala P.O., Kochi, Kerala, India – 682028.

As per the financials filed for FY 2022, the company reported a revenue of ₹5.9 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹31,100 (net margin -5.3%) and EBITDA of ₹55,200 (EBITDA margin 9.3%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website truefin.in.

Company details

CIN U74999KL2017PTC048947
Registration Number 048947
Incorporation Date 21 April 2017
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Truefin Advisory Services

DPIIT recognised startup Government of India
Startup India

Contact details

Truefin Advisory Services Private Limited's registered office is in Kochi, Kerala. Its website is truefin.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Apps
  • Registered Address
    Building No.1026A Ward No.46 Santhi Nagar Road Chakkaraparambu Vennala P.O., Kochi, Kerala, India – 682028
  • Industry
    Financial Services, Diversified Financial Services

To see the full contact details of Truefin Advisory Services Private Limited, buy the company report.

Comprehensive company report
Truefin Advisory Services 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
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Business activity

The main business activity of Truefin Advisory Services is professional, scientific and technical. In detail, this covers management consultancy activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM3Management consultancy activities

To see the full business activity and turnover split of Truefin Advisory Services Private Limited, buy the company report.

Financials of Truefin Advisory Services Private Limited

FY 2022 filings available

Truefin Advisory Services Private Limited reported revenue of ₹5.9 Lakh (up 499% YoY) for FY 2022.

Revenue · FY 2022
₹5.9 Lakh ▲ 499%
Net loss · FY 2022
₹31,100 margin -5.3%
EBITDA · FY 2022
₹55,200 margin 9.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 499%
3 years · compounded
▼ 50%
EBITDA CAGR growth
1 year
▲ 133%
3 years · compounded
▼ 63%

Revenue rose 499% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 50%. EBITDA rose 133% 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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
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₹55,200
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹31,100
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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin9.3%
Net Profit Margin-5.3%
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 Truefin Advisory Services Private Limited, buy the company report.

Board of directors of Truefin Advisory Services Private Limited

Truefin Advisory Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sajeeve JoyManaging Director10 Jan 20188 Years 9 MonthsCurrent
Satishkumar ChandranDirector21 Apr 20179 Years 6 MonthsCurrent

Auditor

Truefin Advisory Services Private Limited is audited by PANICKER WARRIER & CO for the financial year 2018.

Auditor firmFinancial yearFirm registration number
PANICKER WARRIER & COFY 2018013548S

Shareholding

The shareholding of Truefin Advisory Services Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Truefin Advisory Services Private Limited, buy the company report.

MSME payment delays

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

GST

Truefin Advisory Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
32AAGCT2244N1Z9KeralaActive05 Dec 2017

To see the full GST registrations and return filing status of Truefin Advisory Services Private Limited, buy the company report.

Recent activity

Truefin Advisory Services Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Padinjarankunnathu Thoombil Manikandan ceased to be Whole-Time Director on 04 Nov 2019.

AGM
Truefin Advisory Services Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Truefin Advisory Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ernakulam.
Ceased
Padinjarankunnathu Thoombil Manikandan ceased to be Whole-Time Director.
Ceased
Gitanjali Kallingal Lazar ceased to be Director.
Ceased
Sajeeve Joy ceased to be Additional Director.
Appointed
Sajeeve Joy was appointed as Managing Director.
Appointed
Satishkumar Chandran was appointed as Director.
Incorporation
21 Apr 2017
Truefin Advisory Services Private Limited was registered on 21 Apr 2017 with Roc Ernakulam & aged 9 years 6 months as per MCA records.

Frequently asked questions

Truefin Advisory Services is an active private limited company based in Kochi, Kerala, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 21 April 2017 (9+ years old) and is registered under CIN U74999KL2017PTC048947.

Truefin Advisory Services has 2 current directors:

The latest financial statements of Truefin Advisory Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Truefin Advisory Services is 32AAGCT2244N1Z9, registered in Kerala.

The CIN (Corporate Identification Number) of Truefin Advisory Services is U74999KL2017PTC048947. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Truefin Advisory Services was incorporated on 21 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ernakulam.

Padinjarankunnathu Thoombil Manikandan ceased to be Whole-Time Director on 04 Nov 2019. Gitanjali Kallingal Lazar ceased to be Director on 15 Jan 2018. Sajeeve Joy ceased to be Additional Director on 15 Jan 2018. Truefin Advisory Services has 5 board changes on record in total.

Yes, Truefin Advisory Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Truefin Advisory Services can be reached through the website truefin.in. Its registered office is in Kochi, Kerala, India.

The registered office of Truefin Advisory Services is at Building No.1026A Ward No.46 Santhi Nagar Road Chakkaraparambu Vennala P.O., Kochi, Kerala, India – 682028.