
About Universal Trustees Private Limited
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Universal Trustees Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 03 August 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2010PTC206204. Its GSTIN is 27AABCU2149J1Z8 (Maharashtra).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Ashish Nasa (Managing Director) and Dilip Jayantilal Thakkar.
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 74 Sakhar Bhavan 7th Floor 230 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.38 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹62.54 Lakh (net margin 9.8%) and EBITDA of ₹74.95 Lakh (EBITDA margin 11.7%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 10% over five years.
Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Universal Trustees. Court records list 11 cases involving the company, including 10 filed by the company and 1 filed against it; 4 cases are pending. The company has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹7.69 Cr; the latest was in November 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website universaltrustees.co.in.
Company details
Contact details
Universal Trustees Private Limited's registered office is in Mumbai, Maharashtra. Its website is universaltrustees.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address74 Sakhar Bhavan 7th Floor 230 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Universal Trustees 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
Brands
Universal Trustees operates one associated brand: Universal Trustees. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of accounting, audit and tax related services | universaltrustees.co.in |
Business activity
The main business activity of Universal Trustees is financial and insurance service. In detail, this covers activities by trusts, funds and other financial holding companies.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K2 | Activities by Trusts, funds and other financial holding companies |
To see the full business activity and turnover split of Universal Trustees Private Limited, buy the company report.
Financials of Universal Trustees Private Limited
FY 2025 filings availableUniversal Trustees Private Limited reported revenue of ₹6.38 Cr (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 27% growth in the latest year. EBITDA rose 98% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹74.95 Lakh | ||||
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| Net Profit (PAT) | ₹62.54 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 11.7% | ||||
| Net Profit Margin | 9.8% | ||||
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To see the full financial statements and ratios of Universal Trustees Private Limited, buy the company report.
Board of directors of Universal Trustees Private Limited
Universal Trustees has 8 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilip Jayantilal Thakkar Also directs: Jayantilal D Thakkar & Associates LLP, Jayantilal D Thakkar & Co LLP, Zodiac Clothing Company Limited and 5 more | Director | 22 Mar 2013 | 13 Years 7 Months | Current |
| Pradip Panalal Shah | Director | 16 Feb 2011 | 15 Years 8 Months | Current |
| Udayan Dileep Choksi Also directs: Senores Pharmaceuticals Limited, Aia Engineering Limited, M & B Engineering Limited and 3 more | Director | 01 Apr 2021 | 5 Years 7 Months | Current |
| Anujbhai Rohitbhai Mehta Also directs: Archman Exim LLP, Rajesh Malleables Limited, Azadirachta Indica Renewables Private Limited and 3 more | Director | 28 Jun 2018 | 8 Years 4 Months | Current |
| Hoshang Noshirwan Sinor Also directs: Cosmo First Limited, Arka Fincap Limited | Director | 26 May 2017 | 9 Years 5 Months | Current |
| Srinivasan Sridhar Also directs: Essfore Consultancy Services LLP, Go Fashion (India) Limited, BNP Akone Evc Private Limited and 5 more | Director | 26 May 2017 | 9 Years 5 Months | Current |
Auditor
Universal Trustees Private Limited is audited by V. Sankar Aiyar & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. Sankar Aiyar & Co | FY 2023 | 109208W |
Shareholding
The shareholding of Universal Trustees Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Universal Trustees Private Limited, buy the company report.
Deals & funding
Universal Trustees Private Limited has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹7.69 Cr; the latest was in November 2017.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2017 | Rights issue | ₹2 Cr | Investors: Voxlaw Tax Asp Private Limited , UTPL ESOP Trust, Icici Bank Limited , an individual |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Icici Securities Limited Seller: Icici Bank Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Voxlaw Tax Asp Private Limited Seller: 2 individuals |
| Jul 2011 | Funding round | ₹7.69 Cr | Investors: Icici Bank Limited , CIM Financial Services Limited, Lo Participations Sa |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Universal Trustees Private Limited has 11 court cases on record: 10 filed by Universal Trustees, 1 filed against it. 4 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 1 | 4 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Petition | Filed by the company against an individual | Pending |
| Bombay High Court | Court case (WILL) | Filed by the company against an individual | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against individuals | Pending |
| High Court, MAHARASHTRA | Court case (NMT) | Filed by the company against an individual | Pending |
| High Court | Court case (JOT) | Filed by the company against an individual | Disposed |
To see the full case history of Universal Trustees Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Universal Trustees Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Universal Trustees has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Universal Trusteeship Services Limited | U72900MH2001PLC132441 | |
| Utpl Corporate Trustees Private Limited | U74999MH2015PTC265627 |
To see the full group structure of Universal Trustees Private Limited, buy the company report.
GST
Universal Trustees has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCU2149J1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Universal Trustees Private Limited, buy the company report.
Recent activity
Universal Trustees Private Limited has 22 board changes on record since 2010: 15 appointments and 7 cessations. The latest: Karan Pradip Shah was appointed as Additional Director on 24 Jun 2025.
13 earlier events are in the company report.
Frequently asked questions
Universal Trustees is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 03 August 2010 (16+ years old) and is registered under CIN U74990MH2010PTC206204.
Universal Trustees has 8 current directors:
- Ashish Nasa - Managing Director
- Dilip Jayantilal Thakkar - Director
- Pradip Panalal Shah - Director
- Udayan Dileep Choksi - Director
- Anujbhai Rohitbhai Mehta - Director
- Hoshang Noshirwan Sinor - Director
- Srinivasan Sridhar - Director
- Karan Pradip Shah - Additional Director
The latest financial statements of Universal Trustees 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 Universal Trustees is 27AABCU2149J1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Universal Trustees is U74990MH2010PTC206204. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Universal Trustees has 11 court cases on record: 10 filed by the company and 1 filed against it. 4 are pending.
Universal Trustees was incorporated on 03 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Universal Trustees has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹7.69 Cr; the latest was in November 2017.
Karan Pradip Shah was appointed as Additional Director on 24 Jun 2025. Ashish Nasa was appointed as Managing Director on 19 Jul 2024. Rupesh Kumar Satnaliwala ceased to be Managing Director on 30 Nov 2023. Universal Trustees has 22 board changes on record in total.
Universal Trustees can be reached through the website universaltrustees.co.in. Its registered office is in Mumbai, Maharashtra, India.

