TRS Business Solutions Private Limited
About TRS Business Solutions Private Limited
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TRS Business Solutions Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the other financial services segment of the financial services sector. It was incorporated on 15 July 2019.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U93000KA2019PTC126236.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Finwith Financial Services Private Limited. It was led by directors Tarikere Sathyanarayana Dushyanth Raj and Sapna Vinay.
Its last annual general meeting (AGM) was held on 08 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at No. 190 1st Main Road Ideal Homes Township R Nagar, Bangalore, Karnataka, India – 560098.
As per the financials filed for FY 2021, the company reported a revenue of ₹15,950, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹3.13 Lakh and EBITDA of -₹3.13 Lakh.
Company details
Name history
TRS Business Solutions has undergone 2 name changes throughout its history. The company was previously known as Trs Business Solutions Private Limited, and Finwith Financial Services Private Limited. The current legal name is Trs Business Solutions Private Limited.
| Company Name | Status |
|---|---|
| TRS Business Solutions Private Limited | Current |
| Finwith Financial Services Private Limited | Previous |
CIN history
TRS Business Solutions has one previous CIN (Corporate Identification Number): U65990KA2019PTC126236. The current CIN is U93000KA2019PTC126236, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93000KA2019PTC126236 | Current |
| U65990KA2019PTC126236 | Previous |
Contact details
TRS Business Solutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo. 190 1st Main Road Ideal Homes Township R Nagar, Bangalore, Karnataka, India – 560098
- IndustryFinancial Services, Other Financial Services
To see the full contact details of TRS Business Solutions 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
Financials of TRS Business Solutions Private Limited
FY 2021 filings availableTRS Business Solutions Private Limited reported revenue of ₹15,950 (down 6% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year. EBITDA fell 510% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹15,950 | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹3.13 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹3.13 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
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | ||
| Net Profit Margin | ||
| 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 | ||
To see the full financial statements and ratios of TRS Business Solutions Private Limited, buy the company report.
Board of directors of TRS Business Solutions Private Limited
TRS Business Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tarikere Sathyanarayana Dushyanth Raj | Director | 24 Feb 2021 | 5 Years 8 Months | As last reported |
| Sapna Vinay | Director | 08 Feb 2021 | 5 Years 8 Months | As last reported |
Peer comparison
TRS Business Solutions Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Varshney Financial Servics Private Limited | ₹16,000 (FY 2025) | -6.0% | New Delhi, Delhi, India | |||
| Scuttle Marketing Private Limited | ₹16,000 (FY 2016) | -81.0% | New Delhi, Delhi, India | |||
| Byte Powered Finance Private Limited | ₹16,000 (FY 2022) | -99.0% | Bangalore, Karnataka, India | |||
| Moneyworx Consulting Private Limited | ₹15,980 (FY 2025) | -100.0% | Gurgaon, Haryana, India | |||
| Srajan Nidhi Limited | ₹15,977 (FY 2024) | -68.0% | Udaipur, Rajasthan, India | |||
| TRS Business Solutions Private Limitedthis company | ₹15,950 (FY 2021) | -₹3.13 Lakh | -6.0% | Bangalore, Karnataka, India | ||
| Shaveta Shares Private Limited | ₹15,940 (FY 2025) | -23.0% | Punjab, India | |||
| Trimline Agencies Private Limited | ₹15,890 (FY 2025) | -53.0% | Kolkata, West Bengal, India | |||
| Firstbanc Goldmen India Nidhi Limited | ₹15,889 (FY 2022) | -82.0% | Gandhinagar, Gujarat, India | |||
| Kreditline Fin Solutions Private Limited | ₹15,865 (FY 2024) | -93.0% | Bangalore, Karnataka, India | |||
| Skap Electronics Private Limited | ₹15,823 (FY 2025) | -98.0% | New Delhi, Delhi, India |
To see the full peer comparison of TRS Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving TRS Business Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for TRS Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for TRS Business Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
TRS Business Solutions Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Bala Subramanian ceased to be Director on 01 Mar 2021.
Frequently asked questions
TRS Business Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
TRS Business Solutions was a private limited company based in Bangalore, Karnataka, India. The company worked in other financial services, within the financial services industry. It was incorporated on 15 July 2019 and is registered under CIN U93000KA2019PTC126236. The company has been struck off by the Registrar of Companies and is no longer operational.
TRS Business Solutions had 2 directors:
- Tarikere Sathyanarayana Dushyanth Raj - Director
- Sapna Vinay - Director
The CIN (Corporate Identification Number) of TRS Business Solutions is U93000KA2019PTC126236. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of TRS Business Solutions is at No. 190 1st Main Road Ideal Homes Township R Nagar, Bangalore, Karnataka, India – 560098.
TRS Business Solutions was incorporated on 15 July 2019. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of TRS Business Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 08 September 2021. Year-wise statements from FY 2020 are in the company report.
TRS Business Solutions operated in the financial services industry, in the other financial services segment. It worked in this industry before it was struck off.
The peers of TRS Business Solutions by revenue are Varshney Financial Servics Private Limited, Scuttle Marketing Private Limited, Byte Powered Finance Private Limited, Moneyworx Consulting Private Limited, Srajan Nidhi Limited and 5 more, all in the BFSI industry (Other Financial Services).
Bala Subramanian ceased to be Director on 01 Mar 2021. Tarikere Sathyanarayana Dushyanth Raj was appointed as Director on 24 Feb 2021. Vinay Kumar Terikere Sathyanarayana ceased to be Director on 16 Feb 2021. TRS Business Solutions has 4 board changes on record in total.
Yes. TRS Business Solutions was formerly known as Finwith Financial Services Private Limited.
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