About Trustin Software Services Private Limited
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Trustin Software Services Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 25 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC126528. Its GSTIN is 29AAHCT4390A1ZB (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors Srinivas Murthy Thimmappa and Meghana Srinivas.
Its last annual general meeting (AGM) was held on 24 March 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 775 9th Main 3rd Block Koramangala, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.09 Lakh, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹1,069 (net margin 0.1%) and EBITDA of ₹1,069 (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years.
The company is associated with 1 brand: TrustIn.
For more details, the company can be reached via its website trustin.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo. 775 9th Main 3rd Block Koramangala, Bangalore, Karnataka, India – 560034
- IndustryInformation Technology, 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 Trustin Software Services Private Limited
The main business activity of Trustin Software Services is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Trustin Software Services Private Limited FY 2024 filings available
Trustin Software Services Private Limited reported revenue of ₹20.09 Lakh (down 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Trustin Software Services Private Limited
Revenue fell 16% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 73%. EBITDA fell 100% 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 Trustin Software 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1,069 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1,069 | •••• | •••• | •••• | •••• |
| 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 Trustin Software Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 Trustin Software Services are in the company report.
Financial statements from FY 2020
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 Trustin Software Services Private Limited
Trustin Software Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nelly Software Services Private Limited | ₹20.39 Lakh (FY 2025) | •••• | •••• | -30.0% | •••• | Chengalpattu, Tamil Nadu, India |
| Cirro Technologies Private Limited | ₹20.37 Lakh (FY 2024) | •••• | •••• | -37.0% | •••• | Bangalore, Karnataka, India |
| Blue Circle Technologies Private Limited | ₹20.35 Lakh (FY 2024) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Dqube Global Software Services Private Limited | ₹20.3 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Chennai, Tamil Nadu, India |
| Edumark Softech Private Limited | ₹20.2 Lakh (FY 2024) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| Trustin Software Services Private Limited this company | ₹20.09 Lakh (FY 2024) | •••• | •••• | -16.0% | •••• | Bangalore, Karnataka, India |
| Meritkraft Engineering Services Private Limited | ₹20.08 Lakh (FY 2019) | •••• | •••• | 30834.0% | •••• | Bengaluru, Karnataka, India |
| Septarian Technologies Private Limited | ₹20.05 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Bangalore, Karnataka, India |
| Pryass Ananth HR Technology Private Limited | ₹20.05 Lakh (FY 2024) | •••• | •••• | 386.0% | •••• | Delhi, India |
| Syscort Global Services Private Limited | ₹20.01 Lakh (FY 2022) | •••• | •••• | •••• | Aurangabad, Maharashtra, India | |
| SN Tech Solutus Private Limited | ₹20 Lakh (FY 2023) | •••• | •••• | 316.0% | •••• | Chaitanya Nagar, Telangana, India |
Peers are the five companies nearest above and the five nearest below Trustin Software Services by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Trustin Software Services Private Limited
Trustin Software Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivas Murthy Thimmappa | Director | 09 Apr 2021 | 5 Years 6 Months | Current |
| Meghana Srinivas | Director | 25 Jul 2019 | 7 Years 2 Months | Current |
Ownership and Shareholding of Trustin Software 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 Trustin Software Services Private Limited
Trustin Software Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Trustin Software Services Private Limited
Trustin Software Services operates one associated brand: TrustIn. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides secure platforms for POSH reporting and workplace safety management. | trustin.co.in |
Employees and EPFO Compliance at Trustin Software Services Private Limited
Employment history and EPFO contributions of people linked to Trustin Software 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 Trustin Software Services Private Limited
Trustin Software Services Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Srinivas Murthy Thimmappa ceased to be Additional Director on 29 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Trustin Software 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 Trustin Software 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 Trustin Software 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 Trustin Software Services Private Limited
Trustin Software Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCT4390A1ZB | Karnataka | Active | 10 Sep 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 Trustin Software 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 Trustin Software Services Private Limited
Trustin Software Services is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 25 July 2019 (7+ years old) and is registered under CIN U72900KA2019PTC126528.
Trustin Software Services reported revenue of ₹20.09 Lakh for FY 2024 (down 16% YoY).
Trustin Software Services has 2 current directors:
- Srinivas Murthy Thimmappa - Director
- Meghana Srinivas - Director
Trustin Software Services reported a net profit of ₹1,069 (net margin 0.1%) and EBITDA of ₹1,069 (EBITDA margin 0.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Trustin Software Services is 73% over three years. In the latest year (FY 2024) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Trustin Software Services is 29AAHCT4390A1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of Trustin Software Services is U72900KA2019PTC126528. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trustin Software Services was incorporated on 25 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Trustin Software Services by revenue are Nelly Software Services Private Limited, Cirro Technologies Private Limited, Blue Circle Technologies Private Limited, Dqube Global Software Services Private Limited, Edumark Softech Private Limited and 5 more, all in the Information Technology industry (Software Services).
Srinivas Murthy Thimmappa ceased to be Additional Director on 29 Nov 2021. Gnana Lakshmi Tinnalore Chandrasekara Barathi ceased to be Director on 09 Apr 2021. Srinivas Murthy Thimmappa was appointed as Director on 09 Apr 2021. Trustin Software Services has 4 board changes on record in total.
Yes, Trustin Software Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).