About Truism Infratech Private Limited
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Truism Infratech Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 26 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U70101OR2015PTC019517. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹34 Lakh. It is led by directors Sudhanshu Panda and Lakshanu Ranjan Panda.
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 Plot No – N2/150 Nayapalli, Bhubaneswar, Odisha, India – 751015.
As per the financials filed for FY 2025, the company reported a revenue of ₹67,066, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹6.54 Lakh and EBITDA of -₹5.05 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 71% over five years.
As per MCA filings, the company has satisfied charges of ₹10.35 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website truism.in.
Company details
Contact details
Truism Infratech Private Limited's registered office is in Bhubaneswar, Odisha. Its website is truism.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No – N2/150 Nayapalli, Bhubaneswar, Odisha, India – 751015
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Truism Infratech 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
Financials of Truism Infratech Private Limited
FY 2024 filings availableTruism Infratech Private Limited reported revenue of ₹67,066 (down 95% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 71% over five years, including a 95% fall in the latest year. EBITDA fell 147% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹5.05 Lakh | ||||
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| Net Profit (PAT) | -₹6.54 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Truism Infratech Private Limited, buy the company report.
Board of directors of Truism Infratech Private Limited
Truism Infratech has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshanu Ranjan Panda Also directs: Truism Resources LLP, True Aid Foundation | Additional Director | 01 Nov 2023 | 3 Years 0 Months | Current |
| Sudhanshu Panda Also directs: True Aid Foundation | Director | 19 Aug 2019 | 7 Years 2 Months | Current |
Peer comparison
Truism Infratech Private Limited is compared with the 6 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Realdeal Developers Private Limited | ₹67,181 (FY 2024) | 31.0% | Mumbai, Maharashtra, India | |||
| Govinda Infraprojects Private Limited | ₹67,100 (FY 2025) | -99.0% | Bhilwara, Rajasthan, India | |||
| Truism Infratech Private Limitedthis company | ₹67,066 (FY 2025) | -₹6.54 Lakh | -95.0% | Bhubaneswar, Odisha, India | ||
| BSCP Builders Private Limited | ₹67,060 (FY 2025) | -87.0% | New Delhi, Delhi, India | |||
| Nathani Infra Developers Private Limited | ₹67,029 (FY 2024) | -70.0% | Kolkata, West Bengal, India | |||
| Anuvridhi Infraprojects Private Limited | ₹67,000 (FY 2025) | 570.0% | Gurugram, Haryana, India | |||
| Peak Projects Private Limited | ₹66,999 (FY 2025) | 5.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Truism Infratech Private Limited, buy the company report.
Auditor
Truism Infratech Private Limited is audited by Atul Archana & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Atul Archana & Associates | FY 2023 | 088584 |
Shareholding
The shareholding of Truism Infratech Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Truism Infratech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Mar 2016 | 100019877 | Others | ₹75 Lakh | Satisfied | |
| 25 Feb 2016 | 100061071 | Others | ₹9.6 Cr | Satisfied |
To see the full charge records of Truism Infratech Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Truism Infratech Private Limited has 2 court cases on record: 2 filed by Truism Infratech. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Orissa | Writ petition | Filed by the company against Union of India | Disposed |
To see the full case history of Truism Infratech 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 Truism Infratech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Truism Infratech has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Truism Infratech Private Limited, buy the company report.
Recent activity
Truism Infratech Private Limited has 10 board changes on record since 2018: 2 appointments and 8 cessations. The latest: Lakshanu Ranjan Panda was appointed as Additional Director on 01 Nov 2023.
5 earlier events are in the company report.
Frequently asked questions
Truism Infratech is an active private limited company based in Bhubaneswar, Odisha, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 26 October 2015 (11+ years old) and is registered under CIN U70101OR2015PTC019517.
Truism Infratech has 2 current directors:
- Lakshanu Ranjan Panda - Additional Director
- Sudhanshu Panda - Director
The latest financial statements of Truism Infratech 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 2016 are in the company report.
No. Truism Infratech has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Truism Infratech is U70101OR2015PTC019517. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Truism Infratech has 2 court cases on record: 2 filed by the company.
Truism Infratech was incorporated on 26 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Truism Infratech by revenue are Realdeal Developers Private Limited, Govinda Infraprojects Private Limited, BSCP Builders Private Limited, Nathani Infra Developers Private Limited, Anuvridhi Infraprojects Private Limited and 1 more, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Lakshanu Ranjan Panda was appointed as Additional Director on 01 Nov 2023. Narendra Kumar Panda ceased to be Additional Director on 01 Nov 2023. Lakshanu Ranjan Panda ceased to be Director on 20 May 2022. Truism Infratech has 10 board changes on record in total.
Truism Infratech can be reached through the website truism.in. Its registered office is in Bhubaneswar, Odisha, India.
The registered office of Truism Infratech is at Plot No – N2150 Nayapalli, Bhubaneswar, Odisha, India – 751015.
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