About Trion Properties Private Limited
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Trion Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Inorbit Malls (India) Private Limited. It operates in the mall and retail management segment of the business services sector. It was incorporated on 17 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2005PTC157367. Its GSTIN is 27AACCT3444Q1ZU (Maharashtra). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹24.05 Cr and a paid-up capital of ₹2.52 Lakh. It is led by directors including Rajneesh Mahajan (Manager) and Sunil Madhav Hingorani.
Its last annual general meeting (AGM) was held on 01 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. C – 30 Block 'G' Opp. Sidbi Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹325.41 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹101.84 Cr (net margin 31.3%) and EBITDA of ₹257 Cr (EBITDA margin 79%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 11% over five years.
The company has about 53 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,653.84 Cr and satisfied charges of ₹1,173 Cr on record. Court records list 17 cases involving the company, including 4 filed by the company and 9 filed against it; 3 cases are pending. The company has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 debt financing), with disclosed funding of ₹310.54 Cr; the latest was in December 2024. Its 10 peer companies in the Business Services industry (Mall Management) are compared by revenue, 5 larger and 5 smaller; the largest is CSJ Infrastructure Private Limited.. The company has 13 MSME Form 1 returns on record between 2017 and 2023, listing 135 overdue payments to 27 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website inorbit.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
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- Registered AddressPlot No. C – 30 Block 'G' Opp. Sidbi Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryBusiness Services, Mall & Retail Management
- 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 Trion Properties Private Limited
The main business activities of Trion Properties are real estate and financial and insurance service. In detail, this covers real estate activities with own or leased property and other financial activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
| K | Financial and insurance Service | K8 | Other financial activities | 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 Trion Properties Private Limited FY 2025 filings available
Trion Properties Private Limited reported revenue of ₹325.41 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Trion Properties Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 26% growth in the latest year. EBITDA rose 27% 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 Trion Properties Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹257 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹101.84 Cr | •••• | •••• | •••• | •••• |
| 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 Trion Properties Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 79% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 31.3% | •••• | •••• | •••• | •••• |
| 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 Trion Properties 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.
Peer Comparison of Trion Properties Private Limited
Trion Properties Private Limited is compared with the companies closest to it by revenue in the Business Services industry (Mall Management). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| CSJ Infrastructure Private Limited. | •••• | •••• | •••• | •••• | 41 | Chandigarh, India |
| Offbeat Developers Private Limited | •••• | •••• | •••• | •••• | 75 | Mumbai, Maharashtra, India |
| Wave Infratech Private Limited. | •••• | •••• | •••• | •••• | 245 | New Delhi, Delhi, India |
| Ambience Developers & Infrastructure Private Limited. | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Vamona Developers Private Limited | •••• | •••• | •••• | •••• | 72 | Mumbai, Maharashtra, India |
| Trion Properties Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Express Infrastructure Private Limited | •••• | •••• | •••• | •••• | 363 | Chennai, Tamil Nadu, India |
| Classic Mall Development Company Limited | •••• | •••• | •••• | •••• | - | Mahalaxmi, Maharashtra, India |
| R Mall Developers Private Limited | •••• | •••• | •••• | •••• | 71 | Mumbai, Maharashtra, India |
| Salsette Developers Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Sparkle One Mall Developers Private Limited | •••• | •••• | •••• | •••• | - | Estate, Mahalaxmi, Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Trion Properties by revenue in the Business Services industry (Mall Management), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Trion Properties Private Limited
Trion Properties Private Limited is audited by S R B C & CO LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R B C & 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 Trion Properties Private Limited
Trion Properties has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajneesh Mahajan Also directs: Inorbit Malls (India) Private Limited, Nadir Company Private Limited, Infranow Property Management Private Limited and 1 more | Manager | 17 Apr 2015 | 11 Years 5 Months | Current |
| Sunil Madhav Hingorani Also directs: K Raheja Corp Real Estate Private Limited, Rafferty Developments Private Limited, K.Raheja Private Limited and 5 more | Director | 05 Apr 2007 | 19 Years 6 Months | Current |
| Urvi Kumarswamy Aradhya | Additional Director | 07 Jan 2025 | 1 Years 9 Months | Current |
Ownership and Shareholding of Trion Properties 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 Trion Properties Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Sep 2025 | The Hongkong and Shanghai Banking Corporation Limited | ₹351 Cr | Open |
| 04 Mar 2025 | Idbi Trusteeship Services Limited | ₹255 Cr | Open |
| 25 Sep 2024 | The Hongkong and Shanghai Banking Corporation Limited | ₹8.4 Cr | Open |
| 04 Dec 2014 | Idbi Trusteeship Services Limited | ₹1,015.44 Cr | Open |
| 28 Aug 2014 | The Hongkong and Shanghai Banking Corporation Limited | ₹24 Cr | Open |
Total charge records: 13 View all charges
Deals & Funding of Trion Properties Private Limited
Trion Properties Private Limited has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 debt financing), with disclosed funding of ₹310.54 Cr; the latest was in December 2024.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2018 | Secondary share transfer | Undisclosed | Seller: Inorbit Malls (India) Private Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Seller: Inorbit Malls (India) Private Limited |
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: Inorbit Malls (India) Private Limited Seller: 2 individuals |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: Inorbit Malls (India) Private Limited Seller: Chalet Hotels Limited |
| May 2013 | Secondary share transfer | Undisclosed | Buyer: Chalet Hotels Limited Seller: I-2 Company (Mauritius) Limited |
Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Trion Properties Private Limited
Trion Properties Private Limited has 17 court cases on record: 4 filed by Trion Properties, 9 filed against it, 4 where it is another party. 3 cases are pending and 14 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 9 | 0 |
| High courts | 4 | 0 | 3 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed by the company against RR Health & Beauty Private Limited | Disposed |
| High Court of Andhra Pradesh | Writ petition | Company is another party | Pending |
| High Court for State of Telangana | Writ petition | Company is another party | Pending |
| District court, Rangareddy, Telangana | Criminal case | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS Cases) | Filed against the company by an individual | Disposed |
Full case history
All 17 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.
MSME Payment Delays by Trion Properties Private Limited
Trion Properties Private Limited has 13 MSME Form 1 returns on record between 2017 and 2023, listing 135 overdue payments to 27 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 27)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| South Glass Private Limited | •••• | •••• | •••• |
| Straton Business Solutions Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Emerald Enterprises | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 13 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Trion Properties Private Limited
Trion Properties Private Limited has a workforce of 53 employees as of Oct 07, 2025.
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.
Recent Activity on Trion Properties Private Limited
Trion Properties Private Limited has 9 board changes on record since 2007: 3 appointments and 6 cessations. The latest: Urvi Kumarswamy Aradhya was appointed as Additional Director on 07 Jan 2025.
25 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Trion Properties 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.
Subsidiaries & Group Companies of Trion Properties 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 Trion Properties Private Limited
Trion Properties has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCT3444Q1ZU | Maharashtra | Active | 01 Jul 2017 |
| 27AACCT3444Q2ZT | Maharashtra | Active | 29 Dec 2017 |
| 36AACCT3444Q1ZV | Telangana | Active | 01 Jul 2017 |
| 37AACCT3444Q2ZS | Andhra Pradesh | Active | 01 Jun 2022 |
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 Trion Properties 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 Trion Properties Private Limited
Trion Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in mall and retail management, within the business services industry. It was incorporated on 17 November 2005 (21+ years old) and is registered under CIN U45200MH2005PTC157367.
Trion Properties reported revenue of ₹325.41 Cr for FY 2025 (up 26% YoY).
Trion Properties has 3 current directors:
- Sunil Madhav Hingorani - Director
- Urvi Kumarswamy Aradhya - Additional Director
- Rajneesh Mahajan - Manager
Trion Properties reported a net profit of ₹101.84 Cr (net margin 31.3%) and EBITDA of ₹257 Cr (EBITDA margin 79%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Trion Properties is 25% over three years and 11% over five years. In the latest year (FY 2025) revenue rose 26%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Trion Properties is 27AACCT3444Q1ZU, registered in Maharashtra. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 27AACCT3444Q2ZT (Maharashtra), 36AACCT3444Q1ZV (Telangana), 37AACCT3444Q2ZS (Andhra Pradesh).
The CIN (Corporate Identification Number) of Trion Properties is U45200MH2005PTC157367. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trion Properties has 17 court cases on record: 4 filed by the company and 9 filed against it. 3 are pending. Most are in the district courts.
Trion Properties was incorporated on 17 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Trion Properties has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 debt financing), with disclosed funding of ₹310.54 Cr; the latest was in December 2024.
The peers of Trion Properties by revenue are CSJ Infrastructure Private Limited, Offbeat Developers Private Limited, Wave Infratech Private Limited, Ambience Developers & Infrastructure Private Limited, Vamona Developers Private Limited and 5 more, all in the Business Services industry (Mall Management).
Urvi Kumarswamy Aradhya was appointed as Additional Director on 07 Jan 2025. Neel Chandru Raheja ceased to be Director on 03 Jan 2025. Rajneesh Mahajan ceased to be Additional Director on 13 Sep 2021. Trion Properties has 9 board changes on record in total.