About Trust Investment Advisors Private Limited
Data last updated:
Trust Investment Advisors Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Trust Capital Services (India) Private Limited. It operates in the portfolio management services segment of the financial services sector. It was incorporated on 30 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2006PTC162464. Its GSTIN is 27AACCT4545N1ZW (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.5 Cr. It is led by directors Nisha Mehta Sandip and Nipa Utpal Sheth.
Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹380.29 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹109.87 Cr (net margin 28.9%) and EBITDA of ₹298.2 Cr (EBITDA margin 78.4%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 22% over five years.
The company has about 113 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Trust Mutual Fund and TRUST. As per MCA filings, the company has open charges of ₹4,455.4 Cr and satisfied charges of ₹1,548.5 Cr on record. Court records list 11 cases involving the company, including 5 filed by the company and 6 filed against it; 2 cases are pending. The company has 4 deals on record (2 funding rounds, 1 debt financing, 1 acquisition), with disclosed funding of ₹237.7 Cr; the latest was in March 2026. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website trustgroup.in.
Company details
Contact details
Trust Investment Advisors Private Limited's registered office is in Mumbai, Maharashtra. Its website is trustgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address109 & 110 First Fl Balarama Premises Co – Op Soc Vilg Parigkhari Bandra Kurla Complex, Bandra (E), Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, Portfolio Management Services
To see the full contact details of Trust Investment Advisors 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
Brands
Trust Investment Advisors operates two associated brands: Trust Mutual Fund and TRUST. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides mutual funds for equity, debt, and short-term investments in India. | trustmf.com | |
| Full-service corporate advisory is provided to businesses in India. | trustgroup.in |
Business activity
The main business activity of Trust Investment Advisors is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Trust Investment Advisors Private Limited, buy the company report.
Financials of Trust Investment Advisors Private Limited
FY 2025 filings availableTrust Investment Advisors Private Limited reported revenue of ₹380.29 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 12% growth in the latest year. EBITDA rose 12% 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 | |||||
| Total Revenue | ₹380.29 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹298.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹109.87 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 78.4% | ||||
| Net Profit Margin | 28.9% | ||||
| 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 Trust Investment Advisors Private Limited, buy the company report.
Board of directors of Trust Investment Advisors Private Limited
Trust Investment Advisors has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nisha Mehta Sandip | Director | 30 May 2006 | 20 Years 5 Months | Current |
| Nipa Utpal Sheth Also directs: Chanakya Value Creation LLP, Goldiam International Limited, Goldiam Jewellery Limited and 5 more | Director | 30 May 2006 | 20 Years 5 Months | Current |
Auditor
Trust Investment Advisors Private Limited is audited by JIMMY SHETH & CO for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JIMMY SHETH & CO | FY 2025 | 155604W |
Shareholding
The shareholding of Trust Investment Advisors Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Trust Investment Advisors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2025 | 101205559 | Others | ₹100 Cr | Open | |
| 12 Dec 2025 | 101205570 | Others | ₹100 Cr | Open | |
| 18 Oct 2025 | 101189096 | Others | ₹75.8 Lakh | Open | |
| 18 Jul 2025 | 101210920 | Others | ₹35 Cr | Open | |
| 04 Jul 2025 | 101122313 | Others | ₹25 Cr | Open |
To see the full charge records of Trust Investment Advisors Private Limited, buy the company report.
Total charge records: 62 View all charges
Deals & funding
Trust Investment Advisors Private Limited has 4 deals on record (2 funding rounds, 1 debt financing, 1 acquisition), with disclosed funding of ₹237.7 Cr; the latest was in March 2026.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2026 | Debt financing | ₹230 Cr | Investors: Board Of Trustees MSRTC Contributory Provident Fund, Chanakya Corporate Services Private Limited , The Maharashtra State Co-Operative Bank Limited |
| Feb 2026 | Funding round | ₹6.7 Cr | Investors: Utpal Sheth Trust, an individual |
| Feb 2009 | Funding round | ₹1 Cr | Investors: Trust Capital |
| Jun 2006 | Acquisition | ₹5.49 Cr | Buyer: Trust Capital |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Trust Investment Advisors Private Limited has 11 court cases on record: 5 filed by Trust Investment Advisors, 6 filed against it. 2 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 3 | 0 |
| High courts | 2 | 1 | 1 |
| Supreme Court | 1 | 1 | 1 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed against the company by Avantha Realty Limited and 1 other | Pending |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Shrem Investments Pvt. Ltd. 1101 Viraj Tower Junction of Andheri Kurla Road Western Express Highway Andheri East, Mumbai 400069 , , Other and 1 other | Pending |
| District court, Hyderabad Central, Telangana | Court case (COS) | Filed against the company by Ardente Townships Private Limited and 3 others | Disposed |
| District court, Hyderabad CCC, Telangana | Court case (COS) | Filed against the company by Janapriya Engineers Syndicate Private Limited | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by an individual | Disposed |
To see the full case history of Trust Investment Advisors 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.
Credit ratings & regulatory alerts
Trust Investment Advisors Private Limited was last rated by Care on 27 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 27 Sep 2022 |
To see the full credit ratings and regulatory alerts of Trust Investment Advisors Private Limited, buy the company report.
MSME payment delays
Trust Investment Advisors Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Infomatics Services Private Limited |
To see the full MSME payment records of Trust Investment Advisors Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Trust Investment Advisors Private Limited has a workforce of 113 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 113 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Trust Investment Advisors Private Limited, buy the company report.
GST
Trust Investment Advisors has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCT4545N1ZW | Maharashtra | Active | 01 Jul 2017 |
| 19AACCT4545N1ZT | West Bengal | Active | 14 Aug 2017 |
| 07AACCT4545N1ZY | Delhi | Active | 16 Aug 2017 |
To see the full GST registrations and return filing status of Trust Investment Advisors Private Limited, buy the company report.
Recent activity
Trust Investment Advisors Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Nipa Utpal Sheth was appointed as Director on 30 May 2006.
93 earlier events are in the company report.
News
Frequently asked questions
Trust Investment Advisors is an active private limited company based in Mumbai, Maharashtra, India. The company works in portfolio management services, within the financial services industry. It was incorporated on 30 May 2006 (20+ years old) and is registered under CIN U67190MH2006PTC162464.
Trust Investment Advisors has 2 current directors:
- Nisha Mehta Sandip - Director
- Nipa Utpal Sheth - Director
The latest financial statements of Trust Investment Advisors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Trust Investment Advisors is 27AACCT4545N1ZW, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 19AACCT4545N1ZT (West Bengal), 07AACCT4545N1ZY (Delhi).
The CIN (Corporate Identification Number) of Trust Investment Advisors is U67190MH2006PTC162464. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trust Investment Advisors has 11 court cases on record: 5 filed by the company and 6 filed against it. 2 are pending. Most are in the district courts.
Trust Investment Advisors was incorporated on 30 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Trust Investment Advisors has 4 deals on record (2 funding rounds, 1 debt financing, 1 acquisition), with disclosed funding of ₹237.7 Cr; the latest was in March 2026.
Nipa Utpal Sheth was appointed as Director on 30 May 2006. Nisha Mehta Sandip was appointed as Director on 30 May 2006.
Trust Investment Advisors has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.
Trust Investment Advisors can be reached through the website trustgroup.in. Its registered office is in Mumbai, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
