Trueline Appliances Private Limited
About Trueline Appliances Private Limited
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Trueline Appliances Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 09 March 2004.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U31909DL2004PTC125067. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Sumit Sehgal and Amit Talwar.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 40 DLF Industrial Areakirti Nagar, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.46 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹5.05 Lakh (net margin -3.5%) and EBITDA of ₹7.66 Lakh (EBITDA margin 5.2%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years.
Court records list 10 cases involving the company, including 4 filed by the company and 6 filed against it; 1 case is pending.
Company details
Contact details
Trueline Appliances Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address40 DLF Industrial Areakirti Nagar, New Delhi, Delhi, India – 110015
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Trueline Appliances 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 Trueline Appliances 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 Trueline Appliances Private Limited, buy the company report.
Financials of Trueline Appliances Private Limited
FY 2017 filings availableTrueline Appliances Private Limited reported revenue of ₹1.46 Cr (down 41% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over three years, including a 41% fall in the latest year. EBITDA rose 107% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1.46 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹7.66 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹5.05 Lakh | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 5.2% | ||
| Net Profit Margin | -3.5% | ||
| 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 Trueline Appliances Private Limited, buy the company report.
Board of directors of Trueline Appliances Private Limited
Trueline Appliances has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Sehgal Also directs: Dars Modern Infra LLP | Director | 09 Mar 2004 | 22 Years 8 Months | As last reported |
| Amit Talwar | Director | 22 Jun 2007 | 19 Years 4 Months | As last reported |
Peer comparison
Trueline Appliances Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with 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 |
|---|---|---|---|---|---|---|
| NCR Consultancy & Services Private Limited | ₹1.47 Cr (FY 2025) | 122.0% | Ghaziabad, Uttar Pradesh, India | |||
| Trueline Appliances Private Limitedthis company | ₹1.46 Cr (FY 2017) | -₹5.05 Lakh | -3.5% | -41.0% | New Delhi, Delhi, India | |
| Ajuni Enterprises Private Limited | ₹1.46 Cr (FY 2024) | 43.0% | Delhi, India | |||
| Roopbasant Enterprises Private Limited | ₹1.45 Cr (FY 2025) | -79.0% | Delhi, India |
To see the full peer comparison of Trueline Appliances Private Limited, buy the company report.
Auditor
Trueline Appliances Private Limited is audited by ASVG & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASVG & CO | FY 2017 | 411502 |
Shareholding
The shareholding of Trueline Appliances Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Trueline Appliances Private Limited, buy the company report.
Legal cases
Trueline Appliances Private Limited has 10 court cases on record: 4 filed by Trueline Appliances, 6 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 6 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Civil suit | Filed by the company against Ms. Volga Appliances Pvt. Ltd. | Disposed |
| District court, New Delhi, Delhi | Arbitration matter | Filed against the company by M/S Riya Traders | Pending |
| District court, North West, Delhi | Civil suit | Filed against the company by State | Disposed |
| District court, South West, Delhi | Civil suit | Filed against the company by State | Disposed |
| District court, South West, Delhi | Civil suit | Filed against the company by State | Disposed |
To see the full case history of Trueline Appliances Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Trueline Appliances Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Trueline Appliances has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Trueline Appliances Private Limited, buy the company report.
Recent activity
Trueline Appliances Private Limited has 3 board changes on record since 2004: 2 appointments and 1 cessation. The latest: Puneet Sehgal ceased to be Director on 01 Oct 2010.
Frequently asked questions
Trueline Appliances has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Trueline Appliances was a private limited company based in New Delhi, Delhi, India. The company worked in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 09 March 2004 and is registered under CIN U31909DL2004PTC125067. The company has been struck off by the Registrar of Companies and is no longer operational.
Trueline Appliances had 2 directors:
- Sumit Sehgal - Director
- Amit Talwar - Director
The CIN (Corporate Identification Number) of Trueline Appliances is U31909DL2004PTC125067. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Trueline Appliances is at 40 DLF Industrial Areakirti Nagar, New Delhi, Delhi, India – 110015.
Trueline Appliances was incorporated on 09 March 2004. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Trueline Appliances on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Trueline Appliances has 1 GST registration on record and it is cancelled or inactive.
Trueline Appliances operated in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment. It worked in this industry before it was struck off.
The peers of Trueline Appliances by revenue are NCR Consultancy & Services Private Limited, Ajuni Enterprises Private Limited, Roopbasant Enterprises Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Trueline Appliances has 10 court cases on record: 4 filed by the company and 6 filed against it. 1 is pending.
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