Truemind Techsol Private Limited
About Truemind Techsol Private Limited
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Truemind Techsol Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business process outsourcing sector. It was incorporated on 13 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC127901. Its GSTIN is 29AAHCT5130C1ZJ (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹20,000. It is led by directors Prem Kumar Vasanth Kumar (Whole-Time Director) and Puttane Venkateshrao Sohan (Whole-Time Director).
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 Bangalore, Karnataka.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.16 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹10.13 Lakh (net margin 3.2%) and EBITDA of ₹44.25 Lakh (EBITDA margin 14%).
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- Registered AddressNo. 17 1st Floor 1st ‘A’ Cross Apc Layout Lakeshore Garden Thindlu Vidyaranyapur, A, Bangalore, Karnataka, India – 560097
- IndustryBusiness Outsourcing, Business Process Outsourcing
- 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
- One PDF report, delivered after checkout
Business Activity of Truemind Techsol Private Limited
The main business activity of Truemind Techsol is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Truemind Techsol Private Limited FY 2022 filings available
Truemind Techsol Private Limited reported revenue of ₹3.16 Cr (up 1529% YoY) for FY 2022.
Financial Statement Summary of Truemind Techsol Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| 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 | ₹44.25 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.13 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 of Truemind Techsol Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 14% | •••• | •••• |
| Net Profit Margin | 3.2% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Truemind Techsol are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Truemind Techsol Private Limited
Truemind Techsol Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Diversified BPO). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shiftask International Private Limited | ₹3.19 Cr (FY 2024) | •••• | •••• | -62.0% | •••• | Mumbai, Maharashtra, India |
| K 3 Digital Media Private Limited | ₹3.18 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Buying Simplified India Private Limited | ₹3.18 Cr (FY 2024) | •••• | •••• | 126.0% | •••• | Kanpur, Uttar Pradesh, India |
| Avancer Consulting Services Private Limited | ₹3.18 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Spera Management Private Limited | ₹3.18 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Bangalore, Karnataka, India |
| Truemind Techsol Private Limited this company | ₹3.16 Cr (FY 2022) | •••• | •••• | 1529.0% | •••• | Bangalore, Karnataka, India |
| Indurise Global Services Private Limited | ₹3.15 Cr (FY 2025) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Kreston Rangamani Business Advisors Private Limited | ₹3.15 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Bangalore, Karnataka, India |
| Firstring Media (OPC) Private Limited | ₹3.14 Cr (FY 2024) | •••• | •••• | 1488.0% | •••• | Ernakulam, Kerala, India |
| Astronwizards Infoservices Private Limited | ₹3.14 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Lucknow, Uttar Pradesh, India |
| Semilog Solution Private Limited | ₹3.13 Cr (FY 2023) | •••• | •••• | 4.0% | •••• | Kahilipara, Assam, India |
Peers are the five companies nearest above and the five nearest below Truemind Techsol by revenue in the Outsourcing industry (Diversified BPO), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Truemind Techsol Private Limited
Truemind Techsol Private Limited is audited by E S JAGANNATHAM & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| E S JAGANNATHAM & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Truemind Techsol Private Limited
Truemind Techsol has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prem Kumar Vasanth Kumar Also directs: Blackcherry Trading Private Limited | Whole-Time Director | 13 Sep 2019 | 7 Years 0 Months | Current |
| Puttane Venkateshrao Sohan Also directs: Santlum Private Limited | Whole-Time Director | 13 Sep 2019 | 7 Years 0 Months | Current |
Ownership and Shareholding of Truemind Techsol Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Truemind Techsol Private Limited
Truemind Techsol Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Truemind Techsol Private Limited
Employment history and EPFO contributions of people linked to Truemind Techsol.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Truemind Techsol Private Limited
Truemind Techsol Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Prem Kumar Vasanth Kumar was appointed as Whole-Time Director on 13 Sep 2019.
Credit Ratings, Litigation & Regulatory Alerts for Truemind Techsol Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Truemind Techsol Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Truemind Techsol Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Truemind Techsol Private Limited
Truemind Techsol has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCT5130C1ZJ | Karnataka | Active | 28 Feb 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Truemind Techsol Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Truemind Techsol Private Limited
Truemind Techsol is an active private limited company based in Bangalore, Karnataka, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 13 September 2019 (7+ years old) and is registered under CIN U74999KA2019PTC127901.
Truemind Techsol reported revenue of ₹3.16 Cr for FY 2022 (up 1529% YoY).
Truemind Techsol has 2 current directors:
- Prem Kumar Vasanth Kumar - Whole-Time Director
- Puttane Venkateshrao Sohan - Whole-Time Director
Truemind Techsol reported a net profit of ₹10.13 Lakh (net margin 3.2%) and EBITDA of ₹44.25 Lakh (EBITDA margin 14%) for FY 2022, as per its filed financial statements.
The GSTIN of Truemind Techsol is 29AAHCT5130C1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Truemind Techsol is U74999KA2019PTC127901. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Truemind Techsol was incorporated on 13 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Truemind Techsol by revenue are Shiftask International Private Limited, K 3 Digital Media Private Limited, Buying Simplified India Private Limited, Avancer Consulting Services Private Limited, Spera Management Private Limited and 5 more, all in the Outsourcing industry (Diversified BPO).
Prem Kumar Vasanth Kumar was appointed as Whole-Time Director on 13 Sep 2019. Puttane Venkateshrao Sohan was appointed as Whole-Time Director on 13 Sep 2019.
The registered office of Truemind Techsol is at No. 17 1st Floor 1st ‘A’ Cross Apc Layout Lakeshore Garden Thindlu Vidyaranyapur, A, Bangalore, Karnataka, India – 560097.
Truemind Techsol has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹20,000.