Trusource Technology Private Limited
About Trusource Technology Private Limited
Data last updated: 22 December 2025
Trusource Technology Private Limited is a private limited company based in Nelamangala, Karnataka, India, recognised as a startup by DPIIT. It specialises in designer and branded fashion, a part of the broader fashion and textiles sector. Incorporated on 21 February 2017, the company has been in operation for over 9 years.
Registered with ROC Bangalore under CIN U72900KA2017PTC100728.
Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.27 Lakh. It is led by directors Manoj Kumar Baranwal and Arun Paliwal.
Last AGM: 30 September 2023. Financial statements filed for year ended 31 March 2023. Office: Nelamangala, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹24.81 Cr, a growth of 16% compared to the previous year.
The company has a workforce of approximately 749 employees as per the latest available data.
The company is associated with 1 brand - Rapidbox. As per MCA filings, the company has open charges of ₹11.19 Cr and satisfied charges of ₹3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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Registered AddressSurvey No. 111/3 111/5 111/1 111/7 111/2 Budhihal Village, Kasaba Hobli, Nelamangala, Karnataka, India – 562123
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IndustryFashion and Textile, Designer & Branded Fashion
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Trusource Technology Private Limited
Trusource Technology Private Limited operates one associated brand: RapidBox. These brands represent Trusource Technology Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Multi-category fashion products and sneakers are sold online. | rapidbox.in |
Competitors & Alternatives of Trusource Technology Private Limited
Brands and companies operating in the same space as Trusource Technology Private Limited include Comet, Neeman's, CHK and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Comet
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Unisex lifestyle sneakers are designed and sold online by Comet. | Bengaluru, India, India | 2023 |
Neeman's
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Eco-friendly footwear is provided online by Neeman's. | Hyderabad, India, India | 2017 |
CHK
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Streetwear-inspired sneakers are provided through a direct-to-consumer platform. | Bengaluru, India, India | 2024 |
Gully Labs
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Handmade sneakers for men and women are sold online. | Noida, India, India | 2023 |
7-10.in
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Sneakers for men and women are offered online by 7-10.in. | Bengaluru, India, India | 2021 |
Joybean Shoes
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An e-commerce platform offering a range of shoes for men and women | Chennai, India, India | 2022 |
Earthen Tunes
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Limited information available | Hyderabad, India, India | 2019 |
Funkfeets
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Internet first brand offering footwear for women and men | Kanpur, India, India | 2017 |
Recycled Entirely
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An online platform selling a wide range of sustainable sneakers for men and women. | Gurugram, India, India | 2023 |
Business Activity of Trusource Technology Private Limited
Trusource Technology Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details for Trusource Technology Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Trusource Technology Private Limited
Trusource Technology Private Limited is audited by AJASAB for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AJASAB | Locked | Locked | Locked |
Complete auditor history for Trusource Technology Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Trusource Technology Private Limited
Trusource Technology Private Limited is currently managed by 2 directors, with 3 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Kumar Baranwal | Director | 02 Jan 2018 | 8 Years 7 Months | Current |
| Arun Paliwal | Director | 21 Feb 2017 | 9 Years 5 Months | Current |
Financials of Trusource Technology Private Limited FY 2023 filings available
Trusource Technology Private Limited reported revenue of ₹24.81 Cr (up 16.00% YoY) for FY 2023.
Ten-year financial statements for Trusource Technology Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Trusource Technology Private Limited
Shareholding and ownership data for Trusource Technology Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Trusource Technology Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jan 2024 | Others | ₹1 Cr | Open |
| 06 Dec 2023 | The Hongkong and Shanghai Banking Corporation Limited | ₹15 Lakh | Open |
| 30 Mar 2023 | Others | ₹2 Cr | Open |
| 30 Mar 2023 | Others | ₹1 Cr | Open |
| 24 Mar 2023 | Others | ₹2 Cr | Open |
Total charge records: 9 View all charges
Employees and EPFO Compliance at Trusource Technology Private Limited
Trusource Technology Private Limited has a workforce of 749 employees as of Apr 09, 2024.
Employee and EPFO history for Trusource Technology Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Trusource Technology Private Limited
GST registrations and filing compliance for Trusource Technology Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Trusource Technology Private Limited
Credit ratings, litigation, and regulatory alerts for Trusource Technology Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- 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 Trusource Technology Private Limited
MSME payment history for Trusource Technology Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Trusource Technology Private Limited
Corporate group structure for Trusource Technology Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Trusource Technology Private Limited
MCA filings and documents for Trusource Technology Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Trusource Technology Private Limited
Frequently Asked Questions about Trusource Technology Private Limited
Trusource Technology Private Limited is an active private limited company in the fashion and textile sector based in Nelamangala, Karnataka, India. It was incorporated on 21 February 2017 (9+ years old) and is registered under CIN U72900KA2017PTC100728. The company has 749 employees.
Trusource Technology Private Limited reported revenue of ₹24.81 Cr for FY 2023 (up 16.00% YoY).
The current directors of Trusource Technology Private Limited are:
- Manoj Kumar Baranwal - Director
- Arun Paliwal - Director
The primary industry of Trusource Technology Private Limited is fashion and textile. The company specifically operates in designer and branded fashion. The company is currently active in this sector.
Yes, Trusource Technology Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Trusource Technology Private Limited can be reached at the registered office: Survey No. 1113 1115 1111 1117 1112 Budhihal Village, Kasaba Hobli, Nelamangala, Karnataka, India – 562123.