
Truestar Enterprise Private Limited
About Truestar Enterprise Private Limited
Data last updated:
Truestar Enterprise Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 27 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019PTC331077. Its GSTIN is 27AAHCT5347B1ZE (Maharashtra).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Dharmesh Gunvantrai Vora and Chirag Deepak Dedhia.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.48 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹2.06 Cr (net margin 6.2%) and EBITDA of ₹2.79 Cr (EBITDA margin 8.3%).
Company details
Contact details
Truestar Enterprise Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 807 8th Floor Jaswanti Allied Business Premises Csl, Kachpada Ramchandra Lane Extn, Mumbai, Maharashtra, India – 400064
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Truestar Enterprise 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 Truestar Enterprise 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 Truestar Enterprise Private Limited, buy the company report.
Financials of Truestar Enterprise Private Limited
FY 2024 filings availableTruestar Enterprise Private Limited reported revenue of ₹33.48 Cr (down 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year. EBITDA rose 161% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | 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 | ₹2.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.06 Cr | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.3% | ||||
| Net Profit Margin | 6.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Truestar Enterprise Private Limited, buy the company report.
Board of directors of Truestar Enterprise Private Limited
Truestar Enterprise has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chirag Deepak Dedhia | Additional Director | 17 Oct 2024 | 2 Years 0 Months | Current |
| Pooja Mehul Vora Also directs: Chandravim Exim Private Limited | Additional Director | 19 Mar 2025 | 1 Years 7 Months | Current |
| Dharmesh Gunvantrai Vora Also directs: Everway Lifescience Private Limited | Director | 01 Apr 2020 | 6 Years 7 Months | Current |
| Manisha Arvind Sharma | Additional Director | 17 Oct 2024 | 2 Years 0 Months | Current |
| Devi Charan Yadav | Additional Director | 19 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Truestar Enterprise 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 |
|---|---|---|---|---|---|---|
| MRGP Metalloys Private Limited | ₹33.5 Cr (FY 2025) | 63.0% | Ghaziabad, Uttar Pradesh, India | |||
| Glory Fine Papers Private Limited | ₹33.5 Cr (FY 2025) | -3.0% | Sivakasi, Tamil Nadu, India | |||
| Madhura Agency Private Limited | ₹33.5 Cr (FY 2025) | -16.0% | New Delhi, Delhi, India | |||
| H C Jain Pipes Private Limited | ₹33.49 Cr (FY 2022) | -64.0% | New Delhi, Delhi, India | |||
| BRK Busicorp Private Limited | ₹33.48 Cr (FY 2025) | 160.0% | Indore, Madhya Pradesh, India | |||
| Truestar Enterprise Private Limitedthis company | ₹33.48 Cr (FY 2024) | ₹2.06 Cr | 6.2% | -19.0% | Mumbai, Maharashtra, India | |
| Energetic Globetex Private Limited | ₹33.48 Cr (FY 2016) | 60534.0% | Navi Mumbai, Maharashtra, India | |||
| Precious Electro Trade Private Limited | ₹33.47 Cr (FY 2025) | -6.0% | Kolkata, West Bengal, India | |||
| Vamas Fashion Private Limited | ₹33.46 Cr (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| Shivam Tie-Up Private Limited | ₹33.46 Cr (FY 2025) | 9.0% | Asansol, West Bengal, India | |||
| Igen Technologies Private Limited | ₹33.45 Cr (FY 2025) | 7.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Truestar Enterprise Private Limited, buy the company report.
Auditor
Truestar Enterprise Private Limited is audited by NITESH RANCHHODBHAI AMBALIYA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NITESH RANCHHODBHAI AMBALIYA | FY 2023 | 169153 |
Shareholding
The shareholding of Truestar Enterprise Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Truestar Enterprise Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Truestar Enterprise 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 Truestar Enterprise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Truestar Enterprise has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCT5347B1ZE | Maharashtra | Active | 21 Jul 2020 |
To see the full GST registrations and return filing status of Truestar Enterprise Private Limited, buy the company report.
Recent activity
Truestar Enterprise Private Limited has 8 board changes on record since 2020: 5 appointments and 3 cessations. The latest: Devi Charan Yadav was appointed as Additional Director on 19 Mar 2025.
Frequently asked questions
Truestar Enterprise is an active private limited company based in Mumbai, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 27 September 2019 (7+ years old) and is registered under CIN U74999MH2019PTC331077.
Truestar Enterprise has 5 current directors:
- Chirag Deepak Dedhia - Additional Director
- Pooja Mehul Vora - Additional Director
- Dharmesh Gunvantrai Vora - Director
- Manisha Arvind Sharma - Additional Director
- Devi Charan Yadav - Additional Director
The latest financial statements of Truestar Enterprise 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 2020 are in the company report.
The GSTIN of Truestar Enterprise is 27AAHCT5347B1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Truestar Enterprise is U74999MH2019PTC331077. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Truestar Enterprise was incorporated on 27 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Truestar Enterprise by revenue are MRGP Metalloys Private Limited, Glory Fine Papers Private Limited, Madhura Agency Private Limited, H C Jain Pipes Private Limited, BRK Busicorp Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Devi Charan Yadav was appointed as Additional Director on 19 Mar 2025. Pooja Mehul Vora was appointed as Additional Director on 19 Mar 2025. Chirag Deepak Dedhia was appointed as Additional Director on 17 Oct 2024. Truestar Enterprise has 8 board changes on record in total.
The registered office of Truestar Enterprise is at Office No. 807 8th Floor Jaswanti Allied Business Premises Csl, Kachpada Ramchandra Lane Extn, Mumbai, Maharashtra, India – 400064.
Truestar Enterprise operates in the pharma industry, in the pharmaceutical retailers and distributors segment.
Truestar Enterprise can be reached at its registered office: Office No. 807 8th Floor Jaswanti Allied Business Premises Csl, Kachpada Ramchandra Lane Extn, Mumbai, Maharashtra, India – 400064.

