About Truism Trade Tech Private Limited
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Truism Trade Tech Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 21 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U51909OR2005PTC018974. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹75 Lakh. It is led by directors Santosh Kumar Padhi and Srikanta Padhi.
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 N – 3/443 Flat – 102 Bn Enclave Irc Village, Bhubaneswar, Odisha, India – 751015.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.87 Lakh, a growth of 136% compared to the previous year. For the same year it recorded a net loss of ₹4.27 Lakh (net margin -54.3%) and EBITDA of -₹2.97 Lakh (EBITDA margin -37.7%). Revenue has declined at a compounded annual rate (CAGR) of 72% over three years and 15% over five years.
As per MCA filings, the company has satisfied charges of ₹8.16 Cr on record.
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
CIN history
Truism Trade Tech has one previous CIN (Corporate Identification Number): U51909DL2005PTC142722. The current CIN is U51909OR2005PTC018974, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909OR2005PTC018974 | Current |
| U51909DL2005PTC142722 | Previous |
Contact details
Truism Trade Tech Private Limited's registered office is in Bhubaneswar, Odisha. Its website is truism.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressN – 3/443 Flat – 102 Bn Enclave Irc Village, Bhubaneswar, Odisha, India – 751015
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Truism Trade Tech 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 Trade Tech Private Limited
FY 2024 filings availableTruism Trade Tech Private Limited reported revenue of ₹7.87 Lakh (up 136% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 136% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 15%. EBITDA fell 432% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹2.97 Lakh | ||||
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| Net Profit (PAT) | -₹4.27 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -37.7% | ||||
| Net Profit Margin | -54.3% | ||||
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To see the full financial statements and ratios of Truism Trade Tech Private Limited, buy the company report.
Board of directors of Truism Trade Tech Private Limited
Truism Trade Tech has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Kumar Padhi Also directs: Truism Resources LLP | Director | 13 Jul 2018 | 8 Years 3 Months | Current |
| Srikanta Padhi Also directs: Srikant Autotech Private Limited | Director | 24 Jan 2019 | 7 Years 9 Months | Current |
Auditor
Truism Trade Tech Private Limited is audited by PANDA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PANDA & ASSOCIATES | FY 2022 | 320015E |
Shareholding
The shareholding of Truism Trade Tech Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Truism Trade Tech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Oct 2019 | 100298353 | Others | ₹11.5 Lakh | Satisfied | |
| 17 Jul 2019 | 100280033 | Others | ₹2 Cr | Satisfied | |
| 08 Feb 2017 | 100077672 | Others | ₹3.5 Cr | Satisfied | |
| 01 Sep 2016 | 100096555 | Hdfc Bank Limited | ₹48 Lakh | Satisfied | |
| 03 Aug 2015 | 10617388 | Bank of India | ₹6 Lakh | Satisfied |
To see the full charge records of Truism Trade Tech Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Truism Trade Tech 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 Truism Trade Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Truism Trade Tech 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 Truism Trade Tech Private Limited, buy the company report.
Recent activity
Truism Trade Tech Private Limited has 8 board changes on record since 2005: 5 appointments and 3 cessations. The latest: Lakshanu Ranjan Panda ceased to be Additional Director on 17 Sep 2019.
12 earlier events are in the company report.
Frequently asked questions
Truism Trade Tech is an active private limited company based in Bhubaneswar, Odisha, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 21 November 2005 (21+ years old) and is registered under CIN U51909OR2005PTC018974.
Truism Trade Tech has 2 current directors:
- Santosh Kumar Padhi - Director
- Srikanta Padhi - Director
The latest financial statements of Truism Trade Tech 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 2015 are in the company report.
No. Truism Trade Tech has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Truism Trade Tech is U51909OR2005PTC018974. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Truism Trade Tech was incorporated on 21 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Cuttack.
Lakshanu Ranjan Panda ceased to be Additional Director on 17 Sep 2019. Srikanta Padhi was appointed as Director on 24 Jan 2019. Lakshanu Ranjan Panda was appointed as Additional Director on 01 Oct 2018. Truism Trade Tech has 8 board changes on record in total.
Truism Trade Tech can be reached through the website truism.in. Its registered office is in Bhubaneswar, Odisha, India.
The registered office of Truism Trade Tech is at N – 3443 Flat – 102 Bn Enclave Irc Village, Bhubaneswar, Odisha, India – 751015.
Truism Trade Tech operates in the agriculture industry, in the agro retail and distribution segment.