- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KR-03-0200209

Truekem Labs Private Limited
About Truekem Labs Private Limited
Data last updated:
Truekem Labs Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 12 September 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24290KA2022PTC165972.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Mehta Vasanth Kumar Hitesh Kumar and Vinitha Jain.
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 No.28/1 1 Stamainroad Behindlalbaghroad Passportoffice Sudhamanagar, Bengaluru, Karnataka, India – 560027.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.7 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹27,240 (net margin 0.9%) and EBITDA of ₹37,399 (EBITDA margin 1.3%).
Truekem Labs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0200209). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Truekem Labs
Contact details
Truekem Labs Private Limited's registered office is in Bengaluru, Karnataka.
- Registered AddressNo.28/1 1 Stamainroad Behindlalbaghroad Passportoffice Sudhamanagar, Bengaluru, Karnataka, India – 560027
- IndustryPharma, Drug Formulation & Development
- 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 Truekem Labs is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Truekem Labs Private Limited, buy the company report.
Financials of Truekem Labs Private Limited
FY 2024 filings availableTruekem Labs Private Limited reported revenue of ₹28.7 Lakh (up 246% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 246% in the latest year. EBITDA rose 77% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
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| Revenue from Operations | ||
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| EBITDA | ₹37,399 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹27,240 | |
| Balance Sheet | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.3% | |
| Net Profit Margin | 0.9% | |
| Return on Equity (ROE) | ||
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To see the full financial statements and ratios of Truekem Labs Private Limited, buy the company report.
Board of directors of Truekem Labs Private Limited
Truekem Labs has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mehta Vasanth Kumar Hitesh Kumar | Director | 12 Sep 2022 | 4 Years 1 Months | Current |
| Vinitha Jain Also directs: Truekembio Pharmaceuticals Private Limited | Director | 12 Sep 2022 | 4 Years 1 Months | Current |
Peer comparison
Truekem Labs Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| TDC Foods Private Limited | ₹28.7 Lakh (FY 2024) | 26.0% | Noida, Uttar Pradesh, India | |||
| SM and PM Beverages Private Limited | ₹28.7 Lakh (FY 2024) | Roha, Maharashtra, India | ||||
| Leeche Overseas OPC Private Limited | ₹28.7 Lakh (FY 2016) | Karnal, Haryana, India | ||||
| Novaspark Solutions Private Limited | ₹28.7 Lakh (FY 2025) | 80.0% | Pune, Maharashtra, India | |||
| Pedestal Infra-Tech Services Private Limited | ₹28.7 Lakh (FY 2022) | 58.0% | Kolkata, West Bengal, India | |||
| Truekem Labs Private Limitedthis company | ₹28.7 Lakh (FY 2024) | ₹27,240 | 0.9% | 246.0% | Bengaluru, Karnataka, India | |
| Ayvo Life Technologies Private Limited | ₹28.7 Lakh (FY 2019) | 14461.0% | New Delhi, Delhi, India | |||
| Oswal Premium Synthetics Private Limited | ₹28.69 Lakh (FY 2025) | 12.0% | Punjab, India | |||
| Aesclapius Pharmaceuticals Private Limited | ₹28.69 Lakh (FY 2025) | 240.0% | Purnia, Bihar, India | |||
| Bajrangbali Dealers Private Limited | ₹28.68 Lakh (FY 2022) | -23.0% | Mumbai, Maharashtra, India | |||
| Ceean Exports Pvt.Ltd. | ₹28.68 Lakh (FY 2025) | -63.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Truekem Labs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Truekem Labs 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 Truekem Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Truekem Labs Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Truekem Labs Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Mehta Vasanth Kumar Hitesh Kumar was appointed as Director on 12 Sep 2022.
Frequently asked questions
Truekem Labs is an active private limited company based in Bengaluru, Karnataka, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 12 September 2022 (4+ years old) and is registered under CIN U24290KA2022PTC165972.
Truekem Labs has 2 current directors:
- Mehta Vasanth Kumar Hitesh Kumar - Director
- Vinitha Jain - Director
The latest financial statements of Truekem Labs 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 2023 are in the company report.
The CIN (Corporate Identification Number) of Truekem Labs is U24290KA2022PTC165972. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Truekem Labs was incorporated on 12 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Truekem Labs by revenue are TDC Foods Private Limited, SM and PM Beverages Private Limited, Leeche Overseas OPC Private Limited, Novaspark Solutions Private Limited, Pedestal Infra-Tech Services Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Mehta Vasanth Kumar Hitesh Kumar was appointed as Director on 12 Sep 2022. Vinitha Jain was appointed as Director on 12 Sep 2022.
Yes, Truekem Labs is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0200209).
The registered office of Truekem Labs is at No.281 1 Stamainroad Behindlalbaghroad Passportoffice Sudhamanagar, Bengaluru, Karnataka, India – 560027.
Truekem Labs operates in the pharma industry, in the drug formulation and development segment.
The compliance status of Truekem Labs is compliant as of 02 July 2026. The company is actively filing with the Registrar of Companies.

