About DSP Trustee Private Limited
Data last updated:
DSP Trustee Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Dsp Adiko Holdings Private Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 24 June 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65991MH1996PTC100444. Its GSTIN is 27AAACD3070G1ZZ (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Dsp Merrill Lynch Trustee Company Private Limited and Dsp Blackrock Trustee Company Private Limited. It is led by directors including Dharmishta Narendraprasad Raval and Shitin Dayalji Desai.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.29 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹1.78 Lakh (net margin 0.8%) and EBITDA of ₹2.4 Lakh (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 3% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 2 brands: DSP Mutual Fund and DSPIM. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dspim.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressThe Ruby 25th Floor 29, Senapati Bapat Marg Dadar (West), Mumbai, Maharashtra, India – 400028
- IndustryFinancial Services, Diversified Financial 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 DSP Trustee Private Limited
The main business activity of DSP Trustee is financial and insurance service. In detail, this covers activities by trusts, funds and other financial holding companies.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K2 | Activities by Trusts, funds and other financial holding companies | 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 DSP Trustee Private Limited FY 2025 filings available
DSP Trustee Private Limited reported revenue of ₹2.29 Cr (up 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of DSP Trustee Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 21% growth in the latest year. EBITDA fell 60% 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 DSP Trustee 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 | ₹2.4 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.78 Lakh | •••• | •••• | •••• | •••• |
| 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 DSP Trustee Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• | •••• |
| 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 DSP Trustee are in the company report.
Financial statements from 2015
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.
Auditor Details of DSP Trustee Private Limited
DSP Trustee Private Limited is audited by S. R. Batliboi & Co. LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. R. Batliboi & Co. LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of DSP Trustee Private Limited
DSP Trustee has 7 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmishta Narendraprasad Raval Also directs: Zydus Wellness Limited, Zydus Wellness Products Limited, German Remedies Pharmaceuticals Private Limited and 4 more | Director | 29 Nov 2019 | 6 Years 10 Months | Current |
| Shitin Dayalji Desai | Director | 24 Jun 1996 | 30 Years 3 Months | Current |
| Rajiv Kumar Also directs: Firstsource Solutions Limited, Parley India Foundation | Director | 01 Oct 2022 | 4 Years 0 Months | Current |
| Pravin Tripathi | Director | 16 Feb 2018 | 8 Years 7 Months | Current |
| Jitendrakumar Himatlal Mehta | Director | 01 Apr 2023 | 3 Years 6 Months | Current |
| Taruvai Subbayya Krishnamurthy | Director | 29 Sep 2006 | 20 Years 0 Months | Current |
Ownership and Shareholding of DSP Trustee 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 DSP Trustee Private Limited
DSP Trustee Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of DSP Trustee Private Limited
DSP Trustee Private Limited has 1 court case on record: 1 filed by DSP Trustee. All case is disposed. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMSS) | Filed by the company against Piramal Finance Limited | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with DSP Trustee Private Limited
DSP Trustee operates two associated brands: DSP Mutual Fund and DSPIM. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive investment management services for funds. | dspim.com | |
| DSPIM is an investment management firm specializing in diversified funds and portfolios. | dspblackrock.com |
Employees and EPFO Compliance at DSP Trustee Private Limited
DSP Trustee Private Limited has a workforce of 1 employees as of Apr 07, 2024.
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.
Name History of DSP Trustee Private Limited
DSP Trustee has undergone 3 name changes throughout its history. The company was previously known as Dsp Merrill Lynch Trustee Company Private Limited, Dsp Blackrock Trustee Company Private Limited, and Dsp Trustee Private Limited. The current legal name is Dsp Trustee Private Limited.
| Company Name | Status |
|---|---|
| DSP Trustee Private Limited | Current |
| Dsp Merrill Lynch Trustee Company Private Limited | Previous |
| Dsp Blackrock Trustee Company Private Limited | Previous |
News related to DSP Trustee Private Limited
Recent Activity on DSP Trustee Private Limited
DSP Trustee Private Limited has 17 board changes on record since 1996: 7 appointments and 10 cessations. The latest: Sabina Bharat Nanavati was appointed as Additional Director on 29 Oct 2025.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for DSP Trustee 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 DSP Trustee 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 DSP Trustee 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 DSP Trustee Private Limited
DSP Trustee has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD3070G1ZZ | Maharashtra | Active | 01 Jul 2017 |
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 DSP Trustee 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 DSP Trustee Private Limited
DSP Trustee 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 24 June 1996 (30+ years old) and is registered under CIN U65991MH1996PTC100444.
DSP Trustee reported revenue of ₹2.29 Cr for FY 2024 (up 21% YoY).
DSP Trustee has 7 current directors:
- Dharmishta Narendraprasad Raval - Director
- Shitin Dayalji Desai - Director
- Rajiv Kumar - Director
- Pravin Tripathi - Director
- Jitendrakumar Himatlal Mehta - Director
- Taruvai Subbayya Krishnamurthy - Director
- Sabina Bharat Nanavati - Additional Director
DSP Trustee reported a net profit of ₹1.78 Lakh (net margin 0.8%) and EBITDA of ₹2.4 Lakh (EBITDA margin 1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of DSP Trustee is 11% over three years and 3% over five years. In the latest year (FY 2024) revenue rose 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of DSP Trustee is 27AAACD3070G1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of DSP Trustee is U65991MH1996PTC100444. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
DSP Trustee has 1 court case on record: 1 filed by the company.
DSP Trustee was incorporated on 24 June 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Sabina Bharat Nanavati was appointed as Additional Director on 29 Oct 2025. Jitendrakumar Himatlal Mehta ceased to be Additional Director on 28 Sep 2023. Rajiv Kumar ceased to be Director on 28 Sep 2023. DSP Trustee has 17 board changes on record in total.