MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0150170
Trycone India Limited - e-commerce in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.1 Cr
▼ 21% YoY
Net loss · FY 2024
₹49.77 Lakh
Net margin -45.1%
EBITDA · FY 2024
-₹29.06 Lakh
EBITDA margin -26.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹75 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
3
As per MCA filings
Active GSTINs
5
of 6 registered
About Trycone India Limited
Data last updated:
Trycone India Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 25 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U01100GJ2015PLC082697. Its GSTIN is 24AAFCT3063N1Z4 (Gujarat). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹75 Lakh. It was formerly known as Trycone Private Limited and Trycone India Private Limited. It is led by directors including Dhruti Bhaveshbhai Nakrani and Nakrani Preet Bhaveshbhai.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Vadodara, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.1 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹49.77 Lakh (net margin -45.1%) and EBITDA of -₹29.06 Lakh (EBITDA margin -26.3%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 10% over five years.
The company is associated with 1 brand: Trycone Power.
Trycone India Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0150170). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website trycone.com.
Company details
CIN U01100GJ2015PLC082697
Registration Number 082697
Incorporation Date 25 March 2015
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0150170
Name history
Trycone India has undergone 2 name changes throughout its history. The company was previously known as Trycone Private Limited, and Trycone India Private Limited. The current legal name is Trycone India Limited.
| Company Name | Status |
|---|---|
| Trycone India Limited | Current |
| Trycone Private Limited | Previous |
| Trycone India Private Limited | Previous |
CIN history
Trycone India has one previous CIN (Corporate Identification Number): U01100GJ2015PTC082697. The current CIN is U01100GJ2015PLC082697, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01100GJ2015PLC082697 | Current |
| U01100GJ2015PTC082697 | Previous |
Key People
Dhruti Bhaveshbhai Nakrani Director Nakrani Preet Bhaveshbhai Director Vibhaben Bhaveshbhai Nakrani Director Recognitions & Rankings of Trycone India
Contact details
Trycone India Limited's registered office is in Vadodara, Gujarat. Its website is trycone.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No. 304 Third Floor Rajpath Complex, Opp Essar Petrol Pump Vasna Bhayli Main Road, Vadodara, Gujarat, India – 391410
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Trycone India Limited, buy the company report.
Comprehensive company report
Trycone India Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Trycone India operates one associated brand: Trycone Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers science-backed skin care, hair care, and nutrition products online. | trycone.com |
Business activity
The main business activity of Trycone India is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Trycone India Limited, buy the company report.
Financials of Trycone India Limited
FY 2025 filings availableTrycone India Limited reported revenue of ₹1.1 Cr (down 21% YoY) for FY 2024.
Revenue · FY 2024
₹1.1 Cr ▼ 21%
Net loss · FY 2024
₹49.77 Lakh margin -45.1%
EBITDA · FY 2024
-₹29.06 Lakh margin -26.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 21%
3 years · compounded
▼ 36%
5 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▲ 34%
3 years · compounded
▼ 39%
5 years · compounded
▼ 38%
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 21% fall in the latest year. EBITDA rose 34% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Expenses | |||||
| EBITDA | -₹29.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹49.77 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -26.3% | ||||
| Net Profit Margin | -45.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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To see the full financial statements and ratios of Trycone India Limited, buy the company report.
Board of directors of Trycone India Limited
Trycone India has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhruti Bhaveshbhai Nakrani | Director | 14 Apr 2025 | 1 Years 6 Months | Current |
| Nakrani Preet Bhaveshbhai | Director | 14 Apr 2025 | 1 Years 6 Months | Current |
| Vibhaben Bhaveshbhai Nakrani | Director | 14 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Trycone India Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Trycone India Limitedthis company | ₹1.1 Cr (FY 2024) | -₹49.77 Lakh | -45.1% | -21.0% | Vadodara, Gujarat, India | |
| Zeba (India) Private Limited | ₹1.1 Cr (FY 2024) | -69.0% | Mumbai, Maharashtra, India | |||
| Boxania Innovative Solutions Private Limited | ₹1.09 Cr (FY 2025) | 11.0% | Udaipur, Rajasthan, India | |||
| Shalin Online Stores Private Limited | ₹1.09 Cr (FY 2019) | -14.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Trycone India Limited, buy the company report.
Shareholding
The shareholding of Trycone India Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Trycone India Limited, buy the company report.
Legal cases
No court or tribunal cases involving Trycone India 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 Trycone India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Trycone India has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
5
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCT3063N1Z4 | Gujarat | Active | 01 Jul 2017 |
| 06AAFCT3063N1Z2 | Haryana | Active | 11 Aug 2018 |
| 29AAFCT3063N1ZU | Karnataka | Active | 24 Aug 2018 |
| 19AAFCT3063N1ZV | West Bengal | Active | 07 Jun 2019 |
To see the full GST registrations and return filing status of Trycone India Limited, buy the company report.
Recent activity
Trycone India Limited has 12 board changes on record since 2016: 4 appointments and 8 cessations. The latest: Dhruti Bhaveshbhai Nakrani ceased to be Additional Director on 29 Sep 2025.
AGM
Trycone India Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Dhruti Bhaveshbhai Nakrani ceased to be Additional Director.
Ceased
Nakrani Preet Bhaveshbhai ceased to be Additional Director.
Ceased
Vibhaben Bhaveshbhai Nakrani ceased to be Additional Director.
Ceased
Anilkumar Kanjibhai Patel ceased to be Director.
Ceased
Chandrika Anilkumar Patel ceased to be Director.
Ceased
Nikunjbhai Jagdishbhai Patel ceased to be Director.
Appointed
Dhruti Bhaveshbhai Nakrani was appointed as Director.
Appointed
Nakrani Preet Bhaveshbhai was appointed as Director.
Appointed
Vibhaben Bhaveshbhai Nakrani was appointed as Director.
Filing
Trycone India Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Niravkumar Ganpatbhai Patel ceased to be Director.
3 earlier events are in the company report.
Frequently asked questions
Trycone India is an active public limited company based in Vadodara, Gujarat, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 25 March 2015 (11+ years old) and is registered under CIN U01100GJ2015PLC082697.
Trycone India has 3 current directors:
- Dhruti Bhaveshbhai Nakrani - Director
- Nakrani Preet Bhaveshbhai - Director
- Vibhaben Bhaveshbhai Nakrani - Director
The latest financial statements of Trycone India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Trycone India is 24AAFCT3063N1Z4, registered in Gujarat. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 06AAFCT3063N1Z2 (Haryana), 29AAFCT3063N1ZU (Karnataka), 19AAFCT3063N1ZV (West Bengal).
The CIN (Corporate Identification Number) of Trycone India is U01100GJ2015PLC082697. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trycone India was incorporated on 25 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Trycone India by revenue are Zeba (India) Private Limited, Boxania Innovative Solutions Private Limited, Shalin Online Stores Private Limited, all in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (retail trading).
Dhruti Bhaveshbhai Nakrani ceased to be Additional Director on 29 Sep 2025. Nakrani Preet Bhaveshbhai ceased to be Additional Director on 29 Sep 2025. Vibhaben Bhaveshbhai Nakrani ceased to be Additional Director on 29 Sep 2025. Trycone India has 12 board changes on record in total.
Yes, Trycone India is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0150170).
Trycone India can be reached through the website trycone.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Trycone India is at Shop No. 304 Third Floor Rajpath Complex, Opp Essar Petrol Pump Vasna Bhayli Main Road, Vadodara, Gujarat, India – 391410.