True Count Systems Private Limited

Provides cash counting machines and security solutions for businesses.

2001 | Okhla Vihar Jamia Nagar, Delhi (India) | Active
Last Updated:

True Count Systems Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.12 M
  • Company Age 23 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.61 Cr
  • Revenue Growth 34.01%
  • Profit Growth -10.22%
  • Ebitda -42.16%
  • Net Worth 2.16%
  • Total Assets 0.24%

About True Count Systems

True Count Systems Private Limited (TCSPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 October 2001 and has a history of 23 years and four months. Its registered office is in Okhla Vihar Jamia Nagar, Delhi, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.12 M.

The company currently has active open charges totaling ₹1.61 Cr.

Qumar Abbas and Mehtab Bano serve as directors at the Company.

Company Details

  • Location

    Okhla Vihar Jamia Nagar, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    truecountsystems.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51505DL2001PTC112842

  • Company No.

    112842

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Oct 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

What products or services does True Count Systems Private Limited offer?

True Count Systems Private Limited offers a wide range of products and services, including Banding Machine, Metal, Security & Safety Detectors, Currency Detector, Security Safes, Storage Lockers, Industrial Locker, Money Counter, Currency Counting Machines, Wrapping & Banding Machines, Security AlArms, Detectors & Devices.

Who are the key members and board of directors at True Count Systems?

Board Members (2)

NameDesignationAppointment DateStatus
Qumar Abbas Country flag representing In Director 16-Oct-2001Current
Mehtab Bano Country flag representing In Director 25-Sep-2012Current

Financial Performance of True Count Systems.

True Count Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.01% increase. The company also saw a substantial fall in profitability, with a 10.22% decrease in profit. The company's net worth moved up by a moderate rise of 2.16%.

True Count Systems revenue growth over time
True Count Systems profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
34.01%
Revenue from Operations
32.06%
Total Assets
0.24%
Profit or Loss
-10.22%
Net Worth
2.16%
EBITDA
-42.16%

What is the Ownership and Shareholding Structure of True Count Systems?

In 2023, True Count Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹16.14 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.31 Cr
  • Hdfc Bank Limited : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
07 Oct 2023Hdfc Bank Limited₹3.04 MOpen
27 Aug 2007Others₹1.31 CrOpen

How Many Employees Work at True Count Systems?

True Count Systems has a workforce of 4 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for True Count Systems Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of True Count Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped True Count Systems's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on True Count Systems

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.04 M with Charge ID 100802817 was registered on 07 Oct 2023.

  • Annual General Meeting

    True Count Systems Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    True Count Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Charges

    A charge with Others of Rs. 13.10 M registered on 27 Aug 2007 with Charge ID 10071107 was modified on 17 Mar 2023.

  • Director Appointment

    Mehtab Bano was appointed as a Director was appointed as a Director on 25 Sep 2012 & has been associated with this company since 12 years 5 months .

  • Charges

    A charge with Others amounted to Rs. 13.10 M with Charge ID 10071107 was registered on 27 Aug 2007.

Frequently asked questions

  • What is the Incorporation or founding date of True Count Systems Private Limited?

    True Count Systems Private Limited was incorporated on 16 Oct 2001.

  • What is authorized share capital and paid-up capital of True Count Systems Private Limited?

    The authorized share capital of True Count Systems Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.12 M.

  • Who are the current board members & directors of True Count Systems Private Limited?

    Currently 2 directors are associated with True Count Systems Private Limited.

    • Qumar Abbas
    • Mehtab Bano

  • What is the registered address of True Count Systems Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of True Count Systems Private Limited is H.No. E-61 Fourth Floor B/Side Flat No.401 Gali.No.3, Okhla Vihar Jamia Nagar, Delhi, India, 110025.

  • What is the corporate identification number (CIN) and company number of True Count Systems Private Limited?

    The corporate identification number (CIN) of True Count Systems Private Limited is U51505DL2001PTC112842 and the company number is 112842 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of True Count Systems Private Limited?

    The Official website of True Count Systems Private Limited is https://www.truecountsystems.com

  • What has been the recent revenue trend for True Count Systems Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for True Count Systems Private Limited has risen by 34.01%.

  • How many employees does True Count Systems Private Limited currently have?

    As Per 2023 financial reports, 4 employees are currently employed by True Count Systems Private Limited.

  • What change has been observed in the net worth of True Count Systems Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of True Count Systems Private Limited has experienced an upsurge of 2.16%.

  • What are the total open charges for True Count Systems Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for True Count Systems Private Limited amount to ₹ 1.61 Cr.

  • When was the last Balance Sheet of True Count Systems Private Limited filed with the ROC?

    The most recent Balance Sheet for True Count Systems Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Industrial Machinery Retail & Distribution