About Piramal Trusteeship Services Private Limited
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Piramal Trusteeship Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Piramal Corporate & Management Services Private Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 17 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67200MH2017PTC294979. Its GSTIN is 27AAJCP1914G1ZH (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Lakh. It is led by directors Vandana Chablani and Kuttikrishnan Krishna Pisharody.
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 1st Floor Piramal Tower Peninsula Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.53 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹92.82 Lakh (net margin 26.3%) and EBITDA of ₹1.28 Cr (EBITDA margin 36.1%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 9% over five years.
Court records list 37 cases involving the company, including 8 filed by the company and 29 filed against it; 20 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹1.08 Cr; the latest was in May 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website piramal.com.
Company details
Contact details
Piramal Trusteeship Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is piramal.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address1st Floor Piramal Tower Peninsula Corporate Park, Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Piramal Trusteeship Services 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
Business activity
The main business activity of Piramal Trusteeship Services is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Piramal Trusteeship Services Private Limited, buy the company report.
Financials of Piramal Trusteeship Services Private Limited
FY 2025 filings availablePiramal Trusteeship Services Private Limited reported revenue of ₹3.53 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 1% growth in the latest year. EBITDA fell 5% 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 | ₹1.28 Cr | ||||
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| Net Profit (PAT) | ₹92.82 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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| EBITDA Margin | 36.1% | ||||
| Net Profit Margin | 26.3% | ||||
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To see the full financial statements and ratios of Piramal Trusteeship Services Private Limited, buy the company report.
Board of directors of Piramal Trusteeship Services Private Limited
Piramal Trusteeship Services has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vandana Chablani Also directs: PDL Realty Private Limited, Topzone Mercantile Private Limited, Piramal Realty & Developers Private Limited and 5 more | Director | 05 Jun 2017 | 9 Years 4 Months | Current |
| Kuttikrishnan Krishna Pisharody | Director | 01 Aug 2025 | 1 Years 2 Months | Current |
Auditor
Piramal Trusteeship Services Private Limited is audited by D DADHEECH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D DADHEECH & CO | FY 2023 | 101981W |
Shareholding
The shareholding of Piramal Trusteeship Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Piramal Trusteeship Services Private Limited, buy the company report.
Deals & funding
Piramal Trusteeship Services Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹1.08 Cr; the latest was in May 2018.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2018 | Funding round | ₹1.08 Cr | Investors: Piramal Corporate & Management Services Private Limited , Piramal Corporate & Management Services Private Limited & Honnesh Krishna Somanahalli |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Piramal Trusteeship Services Private Limited has 37 court cases on record: 8 filed by Piramal Trusteeship Services, 29 filed against it. 20 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 13 | 9 |
| District courts | 12 | 11 | 8 |
| NCLAT | 6 | 3 | 3 |
| NCLT | 4 | 2 | 0 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Gokulam Shelters Private Limited | Pending |
| High Court of Karnataka | Arbitration matter | Filed against the company by M/S. Sai Sravanthi Infra Projects Private Limited | Pending |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed by the company against Niraj Kumar Associates Private Limited and 1 other | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Swastik Realty Private Limited | Pending |
| High Court, MAHARASHTRA | Appeal | Filed against the company by M/S. Classic Promoters and Builders Pvt. Ltd. and Ors. and 2 others | Pending |
To see the full case history of Piramal Trusteeship Services 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 Piramal Trusteeship Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Piramal Trusteeship Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCP1914G1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Piramal Trusteeship Services Private Limited, buy the company report.
Recent activity
Piramal Trusteeship Services Private Limited has 12 board changes on record since 2017: 7 appointments and 5 cessations. The latest: Kuttikrishnan Krishna Pisharody was appointed as Director on 01 Aug 2025.
3 earlier events are in the company report.
News
Frequently asked questions
Piramal Trusteeship Services 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 17 May 2017 (9+ years old) and is registered under CIN U67200MH2017PTC294979.
Piramal Trusteeship Services has 2 current directors:
- Vandana Chablani - Director
- Kuttikrishnan Krishna Pisharody - Director
The latest financial statements of Piramal Trusteeship Services 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 FY 2018 are in the company report.
The GSTIN of Piramal Trusteeship Services is 27AAJCP1914G1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Piramal Trusteeship Services is U67200MH2017PTC294979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piramal Trusteeship Services has 37 court cases on record: 8 filed by the company and 29 filed against it. 20 are pending. Most are in the high courts.
Piramal Trusteeship Services was incorporated on 17 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Piramal Trusteeship Services has 1 deal on record (1 funding round), with disclosed funding of ₹1.08 Cr; the latest was in May 2018.
Kuttikrishnan Krishna Pisharody was appointed as Director on 01 Aug 2025. Sarita Iyer ceased to be Director on 01 Aug 2025. Narayan Ananthan ceased to be Director on 03 Aug 2022. Piramal Trusteeship Services has 12 board changes on record in total.
Piramal Trusteeship Services can be reached through the website piramal.com. Its registered office is in Mumbai, Maharashtra, India.