Startup India Government of India
Mitcon Credentia Trusteeship Services Limited - financial services in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹7.2 Cr
▲ 56% YoY
Net profit · FY 2025
₹70.05 Lakh
Net margin 9.7%
EBITDA · FY 2025
₹1.31 Cr
EBITDA margin 18.1%
Authorised capital
₹11.1 Cr
Registered with MCA
Paid-up capital
₹10.52 Cr
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
49
Provident fund records
Directors on board
6
As per MCA filings
About Mitcon Credentia Trusteeship Services Limited
Data last updated:
Mitcon Credentia Trusteeship Services Limited is a public limited company based in Pune, Maharashtra, India, a subsidiary of Mitcon Consultancy & Engineering Services Limited and recognised as a startup by DPIIT. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 22 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U93000PN2018PLC180330. Its GSTIN is 27AAMCM2458D1ZE (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹11.1 Cr and a paid-up capital of ₹10.52 Cr. It was formerly known as Mitcon Trusteeship Services Private Limited and Mitcon Trusteeship Services Limited. It is led by directors including Vaishali Goverdhan Urkude (Managing Director) and Manjunath Thyagaraj Jyothinagar.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kubera Chambers 1st Floor Shivajinagar, Pune, Maharashtra, India – 411005.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.2 Cr, a growth of 56% compared to the previous year. For the same year it recorded a net profit of ₹70.05 Lakh (net margin 9.7%) and EBITDA of ₹1.31 Cr (EBITDA margin 18.1%). Revenue has grown at a compounded annual rate (CAGR) of 80% over three years and 64% over five years.
The company has about 49 employees on its provident fund (EPFO) records.
Court records list 23 cases involving the company, including 11 filed by the company and 12 filed against it; 7 cases are pending. The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹16.3 Lakh; the latest was in December 2021.
Mitcon Credentia Trusteeship Services Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0235954). For more details, the company can be reached via its website mitconcredentia.in.
Company details
CIN U93000PN2018PLC180330
Registration Number 180330
Incorporation Date 22 November 2018
ROC Pune
Listing Status Unlisted
Company Status Active
Parent Company Mitcon Consultancy & Engineering Services Limited
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0235954
Name history
Mitcon Credentia Trusteeship Services has undergone 2 name changes throughout its history. The company was previously known as Mitcon Trusteeship Services Private Limited, and Mitcon Trusteeship Services Limited. The current legal name is Mitcon Credentia Trusteeship Services Limited.
| Company Name | Status |
|---|---|
| Mitcon Credentia Trusteeship Services Limited | Current |
| Mitcon Trusteeship Services Private Limited | Previous |
| Mitcon Trusteeship Services Limited | Previous |
CIN history
Mitcon Credentia Trusteeship Services has one previous CIN (Corporate Identification Number): U93000PN2018PTC180330. The current CIN is U93000PN2018PLC180330, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93000PN2018PLC180330 | Current |
| U93000PN2018PTC180330 | Previous |
Key People
Vaishali Goverdhan Urkude Managing Director Venkatesh Ramesh Prabhu Cfo Manjunath Thyagaraj Jyothinagar Director Recognitions & Rankings of Mitcon Credentia Trusteeship Services
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0235954
Contact details
Mitcon Credentia Trusteeship Services Limited's registered office is in Pune, Maharashtra. Its website is mitconcredentia.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressKubera Chambers 1st Floor Shivajinagar, Pune, Maharashtra, India – 411005
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Mitcon Credentia Trusteeship Services Limited, buy the company report.
Comprehensive company report
Mitcon Credentia Trusteeship Services 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
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Business activity
The main business activity of Mitcon Credentia Trusteeship Services 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 Mitcon Credentia Trusteeship Services Limited, buy the company report.
Financials of Mitcon Credentia Trusteeship Services Limited
FY 2025 filings availableMitcon Credentia Trusteeship Services Limited reported revenue of ₹7.2 Cr (up 56% YoY) for FY 2025.
Revenue · FY 2025
₹7.2 Cr ▲ 56%
Net profit · FY 2025
₹70.05 Lakh margin 9.7%
EBITDA · FY 2025
₹1.31 Cr margin 18.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 56%
3 years · compounded
▲ 80%
5 years · compounded
▲ 64%
EBITDA CAGR growth
1 year
▲ 99%
3 years · compounded
▲ 151%
5 years · compounded
▲ 103%
Revenue has grown at a compounded annual rate (CAGR) of 64% over five years, including 56% growth in the latest year. EBITDA rose 99% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹70.05 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.1% | ||||
| Net Profit Margin | 9.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Mitcon Credentia Trusteeship Services Limited, buy the company report.
Board of directors and KMP of Mitcon Credentia Trusteeship Services Limited
Mitcon Credentia Trusteeship Services Limited currently reports 4 directors and 2 key managerial personnel. 12 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjunath Thyagaraj Jyothinagar Also directs: Amjtech Ventures LLP, Uhp Technologies Private Limited, Kasfab Tools Private Limited and 3 more | Director | 05 Feb 2025 | 1 Years 9 Months | Current |
| Venkatesh Ramesh Prabhu | Cfo | 15 May 2024 | 2 Years 5 Months | Current |
| Padma Vinod Betai Also directs: Irise India Private Limited | Director | 22 Dec 2023 | 2 Years 10 Months | Current |
| Venkateswara Rao Thallapaka | Director | 06 Dec 2021 | 4 Years 11 Months | Current |
| Vaishali Goverdhan Urkude | Managing Director | 20 Jul 2020 | 6 Years 3 Months | Current |
| Ankita Agarwal | Company Secretary | 25 Jun 2020 | 6 Years 4 Months | Current |
Auditor
Mitcon Credentia Trusteeship Services Limited is audited by J Singh & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J Singh & Associates | FY 2023 | 110266W |
Shareholding
The shareholding of Mitcon Credentia Trusteeship Services 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 Mitcon Credentia Trusteeship Services Limited, buy the company report.
Deals & funding
Mitcon Credentia Trusteeship Services Limited has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹16.3 Lakh; the latest was in December 2021.
Total deals
2
Rights issue
1
Funding round
1
Disclosed funding
₹16.3 Lakh
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Funding round | ₹16.3 Lakh | Investors: Mitcon Consultancy & Engineering Services Limited , 3 individuals |
| Mar 2019 | Rights issue | ₹10.25 Cr | Investors: Mitcon Consultancy & Engineering Services Limited , Mitcon Consultancy & Engineering Services Limited & Aniruddha Sathe, Mitcon Consultancy & Engineering Services Limited & Pankaj Deshmukh |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mitcon Credentia Trusteeship Services Limited has 23 court cases on record: 11 filed by Mitcon Credentia Trusteeship Services, 12 filed against it. 7 cases are pending and 16 are disposed.
Total cases
23
Filed by the company
11
Filed against the company
12
Pending
7
Disposed
16
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 1 | 4 |
| High courts | 10 | 10 | 2 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0904-Civil Law : Transfer of Property Act, 1882 and Specific Relief Act, 1963 – matters arising out of suit for specific performance, declaration, injunction, possession or cancellation of deeds/documents) | Filed against the company by individuals | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Ms Sagar Deposits and Advances Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Ilindra Workspace Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Sterne India Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Rednile Innovations Private Limited and 2 Ors | Disposed |
To see the full case history of Mitcon Credentia Trusteeship Services 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 Mitcon Credentia Trusteeship Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mitcon Credentia Trusteeship Services Limited has a workforce of 49 employees on its EPFO records as of May 2026.
Employee count
49
Employee growth
19.5%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 49 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of Mitcon Credentia Trusteeship Services Limited, buy the company report.
GST
Mitcon Credentia Trusteeship Services has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCM2458D1ZE | Maharashtra | Active | 01 Aug 2019 |
| 24AAMCM2458D1ZK | Gujarat | Active | 08 Aug 2022 |
To see the full GST registrations and return filing status of Mitcon Credentia Trusteeship Services Limited, buy the company report.
Recent activity
Mitcon Credentia Trusteeship Services Limited has 17 board changes on record since 2020: 6 appointments and 11 cessations. The latest: Manjunath Thyagaraj Jyothinagar ceased to be Additional Director on 27 May 2025.
AGM
Mitcon Credentia Trusteeship Services Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Ceased
Manjunath Thyagaraj Jyothinagar ceased to be Additional Director.
Filing
Mitcon Credentia Trusteeship Services Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Manjunath Thyagaraj Jyothinagar was appointed as Director.
Appointed
Venkatesh Ramesh Prabhu was appointed as CFO.
Ceased
Padma Vinod Betai ceased to be Additional Director.
Appointed
Padma Vinod Betai was appointed as Director.
Ceased
Ram Dhondiba Mapari ceased to be Director.
Ceased
Lakshmi Arunkumar ceased to be Additional Director.
Ceased
Pankaj Prabhakar Deshmukh ceased to be Additional Director.
Ceased
Venkateswara Rao Thallapaka ceased to be Additional Director.
Ceased
Pradeep Raghunath Bavadekar ceased to be Director.
8 earlier events are in the company report.
Frequently asked questions
Mitcon Credentia Trusteeship Services is an active public limited company based in Pune, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 22 November 2018 (8+ years old) and is registered under CIN U93000PN2018PLC180330.
Mitcon Credentia Trusteeship Services has 6 current directors and KMP:
- Vaishali Goverdhan Urkude - Managing Director
- Manjunath Thyagaraj Jyothinagar - Director
- Padma Vinod Betai - Director
- Venkateswara Rao Thallapaka - Director
- Venkatesh Ramesh Prabhu - Cfo
- Ankita Agarwal - Company Secretary
The latest financial statements of Mitcon Credentia Trusteeship Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Mitcon Credentia Trusteeship Services is 27AAMCM2458D1ZE, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAMCM2458D1ZK (Gujarat).
The CIN (Corporate Identification Number) of Mitcon Credentia Trusteeship Services is U93000PN2018PLC180330. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mitcon Credentia Trusteeship Services has 23 court cases on record: 11 filed by the company and 12 filed against it. 7 are pending. Most are in the district courts.
Mitcon Credentia Trusteeship Services was incorporated on 22 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.
Mitcon Credentia Trusteeship Services has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹16.3 Lakh; the latest was in December 2021.
Manjunath Thyagaraj Jyothinagar ceased to be Additional Director on 27 May 2025. Manjunath Thyagaraj Jyothinagar was appointed as Director on 05 Feb 2025. Venkatesh Ramesh Prabhu was appointed as CFO on 15 May 2024. Mitcon Credentia Trusteeship Services has 17 board changes on record in total.
Yes, Mitcon Credentia Trusteeship Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
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