About Truetech Services Private Limited
Data last updated:
Truetech Services Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 13 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900HR2018PTC076876. Its GSTIN is 06AAHCT0310N1ZG (Haryana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Neeraj Yadav and Pankaj Yadav.
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 Gurgaon, Haryana.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.17 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹4.22 Lakh (net margin 1.3%) and EBITDA of ₹33.98 Lakh (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
The company is associated with 2 brands: Truetech Services and Rentfoxxy. As per MCA filings, the company has open charges of ₹50 Lakh on record.
For more details, the company can be reached via its website truetechservices.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address429 Fourth Floor Sector – 48, Jmd Megapolis Sohna Road, Gurgaon, Haryana, India – 122018
- IndustryInformation Technology, IT Products Retail & Distribution, IT Consulting & Support Services
- 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 Truetech Services Private Limited
The main business activities of Truetech Services are support service to organizations and trade. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities and wholesale trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | Locked |
| G | Trade | G1 | Wholesale Trading | 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 Truetech Services Private Limited FY 2024 filings available
Truetech Services Private Limited reported revenue of ₹3.17 Cr (up 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Truetech Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 19% over three years, including 19% growth in the latest year. EBITDA rose 36% 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 of Truetech Services Private Limited
| 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 | ₹3.17 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹33.98 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.22 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 Truetech Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.3% | •••• | •••• | •••• | •••• |
| 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 Truetech Services are in the company report.
Financial statements from FY 2019
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 Truetech Services Private Limited
Truetech Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services, IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Broadways Marketing Co Pvt Ltd | ₹3.17 Cr (FY 2024) | •••• | •••• | -29.0% | •••• | Chandigarh, India |
| Nexgen Techtronics Private Limited | ₹3.17 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | New Delhi, Delhi, India |
| Bon Technologies (Mumbai ) Private Limited | ₹3.17 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Niyura Lifestyle Private Limited | ₹3.17 Cr (FY 2024) | •••• | •••• | -76.0% | •••• | Mumbai, Maharashtra, India |
| Integrated Perfect Systems (India) Private Limited | ₹3.17 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Truetech Services Private Limited this company | ₹3.17 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Gurgaon, Haryana, India |
| Incisive Infotech Private Limited | ₹3.17 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Lucknow, Uttar Pradesh, India |
| Mosh Technology Private Limited | ₹3.16 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Faizabad, Uttar Pradesh, India |
| Easy Media Network Private Limited | ₹3.16 Cr (FY 2017) | •••• | •••• | 1535.0% | •••• | Bhopal, Madhya Pradesh, India |
| Page Solutions Private Limited | ₹3.16 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Hyderabad, Telangana, India |
| Asiczen Technologies India Private Limited | ₹3.16 Cr (FY 2025) | •••• | •••• | -72.0% | •••• | Bhubaneswar, Odisha, India |
Peers are the five companies nearest above and the five nearest below Truetech Services by revenue in the Information Technology industry (IT Consulting and Services, IT Products Retail and Distribution), 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 Truetech Services Private Limited
Truetech Services Private Limited is audited by JPP & CO for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JPP & CO | 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 Truetech Services Private Limited
Truetech Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neeraj Yadav | Director | 13 Nov 2018 | 7 Years 10 Months | Current |
| Pankaj Yadav | Director | 13 Nov 2018 | 7 Years 10 Months | Current |
Ownership and Shareholding of Truetech Services 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 Truetech Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2024 | Others | ₹25 Lakh | Open |
| 28 Feb 2024 | Others | ₹25 Lakh | Open |
Total charge records: 2 View all charges
Associated Brands with Truetech Services Private Limited
Truetech Services operates two associated brands: Truetech Services and Rentfoxxy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides laptops and computers on rent for business needs with delivery and support services. | truetechservices.in | |
| Operates an online platform for renting electronic gadgets. | rentfoxxy.com |
Employees and EPFO Compliance at Truetech Services Private Limited
Employment history and EPFO contributions of people linked to Truetech Services.
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 Truetech Services Private Limited
Truetech Services Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Neeraj Yadav was appointed as Director on 13 Nov 2018.
Credit Ratings, Litigation & Regulatory Alerts for Truetech Services 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 Truetech Services 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 Truetech Services 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 Truetech Services Private Limited
Truetech Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAHCT0310N1ZG | Haryana | Active | 16 Jan 2019 |
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 Truetech Services 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 Truetech Services Private Limited
Truetech Services is an active private limited company based in Gurgaon, Haryana, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 13 November 2018 (8+ years old) and is registered under CIN U72900HR2018PTC076876.
Truetech Services reported revenue of ₹3.17 Cr for FY 2024 (up 19% YoY).
Truetech Services has 2 current directors:
- Neeraj Yadav - Director
- Pankaj Yadav - Director
Truetech Services reported a net profit of ₹4.22 Lakh (net margin 1.3%) and EBITDA of ₹33.98 Lakh (EBITDA margin 10.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Truetech Services is 19% over three years. In the latest year (FY 2024) revenue rose 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Truetech Services is 06AAHCT0310N1ZG, registered in Haryana.
The CIN (Corporate Identification Number) of Truetech Services is U72900HR2018PTC076876. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Truetech Services was incorporated on 13 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Truetech Services by revenue are Broadways Marketing Co Pvt Ltd, Nexgen Techtronics Private Limited, Bon Technologies (Mumbai ) Private Limited, Niyura Lifestyle Private Limited, Integrated Perfect Systems (India) Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services, IT Products Retail and Distribution).
Neeraj Yadav was appointed as Director on 13 Nov 2018. Pankaj Yadav was appointed as Director on 13 Nov 2018.
Truetech Services can be reached through the website truetechservices.in. Its registered office is in Gurgaon, Haryana, India.