Truenow Ventures Private Limited
About Truenow Ventures Private Limited
Data last updated:
Truenow Ventures Private Limited was a private limited company based in Jaipur, Rajasthan, 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 retail trade segment of the trading and commerce sector. It was incorporated on 17 January 2017.
The company was registered with the Registrar of Companies (ROC), Jaipur, under CIN U52609RJ2017PTC056833. The company has 1 GST registration on record, which is no longer active.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 including Deekshant Hada and Sethi Sourabh.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Plot No S.B 107 – C Lal Kothi Tonk Road, Jaipur, Rajasthan, India – 302015.
As per the financials filed for FY 2019, the company reported a revenue of ₹26.07 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹10.87 Lakh (net margin -41.7%) and EBITDA of -₹4.93 Lakh (EBITDA margin -18.9%).
As per MCA filings, the company had satisfied charges of ₹10 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Company details
Contact details
Truenow Ventures Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No S.B 107 – C Lal Kothi Tonk Road, Jaipur, Rajasthan, India – 302015
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Truenow Ventures 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 Truenow Ventures is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Truenow Ventures Private Limited, buy the company report.
Financials of Truenow Ventures Private Limited
FY 2019 filings availableTruenow Ventures Private Limited reported revenue of ₹26.07 Lakh (up 3% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year. EBITDA fell 857% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Total Expenses | |||
| EBITDA | -₹4.93 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹10.87 Lakh | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -18.9% | ||
| Net Profit Margin | -41.7% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Truenow Ventures Private Limited, buy the company report.
Board of directors of Truenow Ventures Private Limited
Truenow Ventures has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deekshant Hada | Director | 17 Jan 2017 | 9 Years 9 Months | As last reported |
| Sethi Sourabh | Director | 17 Jan 2017 | 9 Years 9 Months | As last reported |
| Shubham Jain Also directs: Jaypore Heritage Hospitality LLP, Earthstone Realtors LLP, Legbizz Sponsors LLP and 1 more | Director | 17 Jan 2017 | 9 Years 9 Months | As last reported |
Peer comparison
Truenow Ventures Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prayas Interiors Tiles and Ceramics Organisation Private Limited | ₹26.09 Lakh (FY 2025) | -69.0% | Ranchi, Jharkhand, India | |||
| Graceplus Online Shoppy Private Limited | ₹26.09 Lakh (FY 2022) | Mananthavady, Kerala, India | ||||
| Athore Solution Private Limited | ₹26.09 Lakh (FY 2022) | 5000.0% | Delhi, India | |||
| Nytactiv Global Private Limited | ₹26.08 Lakh (FY 2024) | 322.0% | Udaipur, Rajasthan, India | |||
| Shinedove Jewellers Private Limited (OPC) | ₹26.07 Lakh (FY 2017) | 1000.0% | Rajahmundry, Andhra Pradesh, India | |||
| Truenow Ventures Private Limitedthis company | ₹26.07 Lakh (FY 2019) | -₹10.87 Lakh | -41.7% | 3.0% | Jaipur, Rajasthan, India | |
| Long Menn Impex India Private Limited | ₹26.07 Lakh (FY 2016) | 16826.0% | Chennai, Tamil Nadu, India | |||
| GSRC Industries Private Limited | ₹26.06 Lakh (FY 2024) | 46.0% | Lucknow, Uttar Pradesh, India | |||
| Yuntra Exim Private Limited | ₹26.06 Lakh (FY 2024) | 14.0% | Agra, Uttar Pradesh, India | |||
| Aashirwad Cooperation Producer Company Limited | ₹26.06 Lakh (FY 2025) | -25.0% | Ranchi, Jharkhand, India | |||
| Heptav Technology Private Limited | ₹26.05 Lakh (FY 2024) | 20.0% | Gurugram, Haryana, India |
To see the full peer comparison of Truenow Ventures Private Limited, buy the company report.
Auditor
Truenow Ventures Private Limited is audited by BHUVNESH PANCHOLI AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHUVNESH PANCHOLI AND ASSOCIATES | FY 2017 | 020454C |
Shareholding
The shareholding of Truenow Ventures Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Truenow Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2017 | 100137593 | Others | ₹10 Lakh | Satisfied |
To see the full charge records of Truenow Ventures Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Truenow Ventures Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro I, Rajasthan | Court case (Complaint) | Filed against the company by Punjab National Bank | Pending |
To see the full case history of Truenow Ventures 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 Truenow Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Truenow Ventures 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 Truenow Ventures Private Limited, buy the company report.
Recent activity
Truenow Ventures Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Deekshant Hada was appointed as Director on 17 Jan 2017.
Frequently asked questions
Truenow Ventures 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.
Truenow Ventures was a private limited company based in Jaipur, Rajasthan, India. The company worked in retailers, within the trading industry. It was incorporated on 17 January 2017 and is registered under CIN U52609RJ2017PTC056833. The company has been struck off by the Registrar of Companies and is no longer operational.
Truenow Ventures had 3 directors:
- Deekshant Hada - Director
- Sethi Sourabh - Director
- Shubham Jain - Director
The CIN (Corporate Identification Number) of Truenow Ventures is U52609RJ2017PTC056833. 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 Truenow Ventures is at Plot No S.B 107 – C Lal Kothi Tonk Road, Jaipur, Rajasthan, India – 302015.
Truenow Ventures was incorporated on 17 January 2017. It is registered with the Registrar of Companies, Jaipur.
The latest financial statements of Truenow Ventures on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2017 are in the company report.
No. Truenow Ventures has 1 GST registration on record and it is cancelled or inactive.
Truenow Ventures operated in the trading industry, in the retailers segment. It worked in this industry before it was struck off.
The peers of Truenow Ventures by revenue are Prayas Interiors Tiles and Ceramics Organisation Private Limited, Graceplus Online Shoppy Private Limited, Athore Solution Private Limited, Nytactiv Global Private Limited, Shinedove Jewellers Private Limited (OPC) and 5 more, all in the same principal business activity (retail trading).
Truenow Ventures has 1 court case on record: 1 filed against it. 1 is pending.
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