About Trust Securities Services Private Limited
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Trust Securities Services 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 brokerage and trading services segment of the financial services sector. It was incorporated on 29 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65929MH2016PTC287266. Its GSTIN is 27AAFCT9761M1ZJ (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Nipa Utpal Sheth and Pranav Kirit Inamdar.
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 109&110 Balarama Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.27 Cr, a growth of 77% compared to the previous year. For the same year it recorded a net profit of ₹3.61 Cr (net margin 8.2%) and EBITDA of ₹5.6 Cr (EBITDA margin 12.6%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 49% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹87 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
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.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address109&110 Balarama Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, Brokerage & Trading Services
- 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 Trust Securities Services Private Limited
The main business activity of Trust Securities Services is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| 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 Trust Securities Services Private Limited FY 2025 filings available
Trust Securities Services Private Limited reported revenue of ₹44.27 Cr (up 77% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Trust Securities Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 49% over five years, including 77% growth in the latest year. EBITDA rose 65% 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 Trust Securities Services 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 | ₹5.6 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.61 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 Trust Securities Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.2% | •••• | •••• | •••• | •••• |
| 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 Trust Securities Services are in the company report.
Financial statements from FY 2017
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 Trust Securities Services Private Limited
Trust Securities Services Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Broking Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SRHK Properties Private Limited | ₹44.71 Cr (FY 2025) | •••• | •••• | 116.0% | •••• | Mumbai, Maharashtra, India |
| Growmore Hathway Equity Reserch Private Limited | ₹44.47 Cr (FY 2023) | •••• | •••• | 188.0% | •••• | Jaipur, Rajasthan, India |
| S Bafna Investments Private Limited | ₹44.45 Cr (FY 2024) | •••• | •••• | -33.0% | •••• | Pune, Maharashtra, India |
| Nexome Capital Markets Limited Listed | ₹44.41 Cr (FY 2025) | •••• | •••• | -81.0% | •••• | Kolkata, West Bengal, India |
| Times Publishing House Limited | ₹44.28 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Bangalore, Karnataka, India |
| Trust Securities Services Private Limited this company | ₹44.27 Cr (FY 2025) | •••• | •••• | 77.0% | •••• | Mumbai, Maharashtra, India |
| Hindon Traders and Brokers Private Limited | ₹44.21 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Intellect Stock Broking Limited | ₹44.16 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Kolkata, West Bengal, India |
| Novo Insurance Broking Services Private Limited | ₹44.16 Cr (FY 2025) | •••• | •••• | 70.0% | •••• | Hyderabad, Telangana, India |
| Rosestar Marketing Private Limited | ₹44.16 Cr (FY 2017) | •••• | •••• | 23.0% | •••• | Delhi, India |
| M A Alagappan Holdings Private Limited | ₹44.14 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Trust Securities Services by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Trust Securities Services Private Limited
Trust Securities Services Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Walker Chandiok & 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 Trust Securities Services Private Limited
Trust Securities Services has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nipa Utpal Sheth Also directs: Chanakya Value Creation LLP, Goldiam International Limited, Goldiam Jewellery Limited and 5 more | Director | 29 Oct 2016 | 9 Years 11 Months | Current |
| Pranav Kirit Inamdar | Director | 29 Oct 2016 | 9 Years 11 Months | Current |
| Namrata Pundalik Sutrave | Director | 16 Feb 2024 | 2 Years 7 Months | Current |
| Anand Rajendra Dalal | Director | 05 May 2017 | 9 Years 5 Months | Current |
Ownership and Shareholding of Trust Securities Services 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 Trust Securities Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jun 2025 | Others | ₹25 Cr | Open |
| 02 Apr 2025 | Others | ₹50 Cr | Open |
| 11 Nov 2021 | Others | ₹10 Cr | Open |
| 26 Oct 2021 | Hdfc Bank Limited | ₹1.5 Cr | Open |
| 25 May 2021 | Axis Bank Limited | ₹50 Lakh | Open |
Total charge records: 5 View all charges
Legal Cases of Trust Securities Services Private Limited
Trust Securities Services Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Insolvency matter | Filed against the company by an individual | Disposed |
Full case history
All 1 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.
Employees and EPFO Compliance at Trust Securities Services Private Limited
Trust Securities Services Private Limited has a workforce of 17 employees as of Sep 19, 2024.
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.
News related to Trust Securities Services Private Limited
Recent Activity on Trust Securities Services Private Limited
Trust Securities Services Private Limited has 7 board changes on record since 2016: 4 appointments and 3 cessations. The latest: Namrata Pundalik Sutrave ceased to be Additional Director on 29 Sep 2024.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Trust Securities Services 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.
MSME Payment Delays by Trust Securities Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Trust Securities Services 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 Trust Securities Services Private Limited
Trust Securities Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCT9761M1ZJ | Maharashtra | Active | 23 Aug 2017 |
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 Trust Securities Services 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 Trust Securities Services Private Limited
Trust Securities Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 29 October 2016 (10+ years old) and is registered under CIN U65929MH2016PTC287266.
Trust Securities Services reported revenue of ₹44.27 Cr for FY 2025 (up 77% YoY).
Trust Securities Services has 4 current directors:
- Nipa Utpal Sheth - Director
- Pranav Kirit Inamdar - Director
- Namrata Pundalik Sutrave - Director
- Anand Rajendra Dalal - Director
Trust Securities Services reported a net profit of ₹3.61 Cr (net margin 8.2%) and EBITDA of ₹5.6 Cr (EBITDA margin 12.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Trust Securities Services is 26% over three years and 49% over five years. In the latest year (FY 2025) revenue rose 77%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Trust Securities Services is 27AAFCT9761M1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Trust Securities Services is U65929MH2016PTC287266. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trust Securities Services has 1 court case on record: 1 filed against it.
Trust Securities Services was incorporated on 29 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Trust Securities Services by revenue are SRHK Properties Private Limited, Growmore Hathway Equity Reserch Private Limited, S Bafna Investments Private Limited, Nexome Capital Markets Limited, Times Publishing House Limited and 5 more, all in the BFSI industry (Broking Services).
Namrata Pundalik Sutrave ceased to be Additional Director on 29 Sep 2024. Namrata Pundalik Sutrave was appointed as Director on 16 Feb 2024. Anand Rajendra Dalal ceased to be Additional Director on 29 Sep 2017. Trust Securities Services has 7 board changes on record in total.