True Home Decor Private Limited

Exports home furnishing products to various clients, including American Mills, TJ Maxx, and Arhaus Furniture.

2006 | Delhi (India) | Active
Last Updated: October 24, 2024

True Home Decor Profile

Key Indicators

  • Authorised Capital ₹ 5.30 M
  • Paid Up Capital ₹ 5.20 M
  • Company Age 18 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.51 Cr
  • Revenue Growth 12.83%
  • Profit Growth 47.18%
  • Ebitda -262.18%
  • Net Worth 6.72%
  • Total Assets -2.34%

About True Home Decor

True Home Decor Private Limited (THDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 May 2006 and has a history of 18 years and eight months. Its registered office is in Delhi, India.

The Corporate was formerly known as L. M. Sagar Exports Private Limited. The Company is engaged in the Home & Lifestyle 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 5.30 M and a paid-up capital of Rs 5.20 M.

The company currently has active open charges totaling ₹2.51 Cr.

Anand Gupta and Venika Gupta serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U51101DL2006PTC148838

  • Company No.

    148838

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 May 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Home & Lifestyle

Who are the key members and board of directors at True Home Decor?

Board Members (2)

Name Designation Appointment Date Status
Anand Gupta Country flag representing In Director 16-Oct-2012 Current
Venika Gupta Country flag representing In Director 13-Jul-2020 Current

Financial Performance of True Home Decor.

True Home Decor Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.83% increase. The company also saw a substantial improvement in profitability, with a 47.18% increase in profit. The company's net worth moved up by a moderate rise of 6.72%.

Graph illustrating revenue growth over time
Graph showing 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
12.83%
Revenue from Operations
4.32%
Total Assets
-2.34%
Profit or Loss
47.18%
Net Worth
6.72%
EBITDA
-262.18%

What is the Ownership and Shareholding Structure of True Home Decor?

In 2022, True Home Decor 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

₹25.10 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India : 2.25 Cr
  • Axis Bank Limited : 0.26 Cr

Latest Charge Details

Date Lender Amount Status
21 Aug 2023 Axis Bank Limited ₹2.60 M Open
13 Dec 2021 Bank Of India ₹2.40 M Open
29 Jul 2020 Bank Of India ₹1.50 M Open
16 May 2018 Bank Of India ₹0.60 M Open
07 Sep 2016 Bank Of India ₹1.80 Cr Open

How Many Employees Work at True Home Decor?

True Home Decor has a workforce of 6 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of True Home Decor, 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 Home Decor'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 Home Decor

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.60 M with Charge ID 100768842 was registered on 21 Aug 2023.

    21 Aug 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Bank Of India amounted to Rs. 2.40 M with Charge ID 100543034 was registered on 13 Dec 2021.

    13 Dec 2021

  • Charges

    A charge with Bank Of India of Rs. 18.00 M registered on 07 Sep 2016 with Charge ID 100049836 was modified on 12 Nov 2020.

    12 Nov 2020

  • Charges

    A charge with Bank Of India amounted to Rs. 1.50 M with Charge ID 100374296 was registered on 29 Jul 2020.

    29 Jul 2020

Frequently asked questions

  • True Home Decor Private Limited was incorporated on 16 May 2006.

  • The authorized share capital of True Home Decor Private Limited is ₹ 5.30 M and paid-up capital is ₹ 5.20 M.

  • Currently 2 directors are associated with True Home Decor Private Limited.

    • Anand Gupta
    • Venika Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of True Home Decor Private Limited is D-116, Okhla Industrial Area Phase-1 India, New Delhi, 110020.

  • The corporate identification number (CIN) of True Home Decor Private Limited is U51101DL2006PTC148838 and the company number is 148838 as per Ministry of Corporate Affairs (MCA).

  • The Official website of True Home Decor Private Limited is https://www.true-home-decor-pvt-ltd.business.site

  • According to the financial reports for the fiscal year 2023, the revenue trend for True Home Decor Private Limited has risen by 12.83%.

  • As Per 2023 financial reports, 6 employees are currently employed by True Home Decor Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of True Home Decor Private Limited has experienced an upsurge of 6.72%.

  • As per the financial statements for fiscal Year 2023, The total open charges for True Home Decor Private Limited amount to ₹ 2.51 Cr.

  • The most recent Balance Sheet for True Home Decor Private Limited was filed with the ROC on 31 Mar 2023.

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