About Trustless Private Limited
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Trustless Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 07 May 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2020PTC190756.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.16 Lakh. It is led by directors including Lingraj Mahanand and Bhubanananda Sethi.
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 Shree Manibhadra Estate Sno. 130/1 Kala Khadak Fl – 105, Pune, Maharashtra, India – 411057.
The company is associated with 2 brands: Trustless Capital and Credore.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website trustless.capital.
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- Registered AddressShree Manibhadra Estate Sno. 130/1 Kala Khadak Fl – 105, Pune, Maharashtra, India – 411057
- IndustryInformation Technology, Other Computer Related Activities
- 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
Financials of Trustless Private Limited FY 2025 filings available
Financial Statement Summary of Trustless Private Limited
| Metrics | 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 | •••• | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | •••• | •••• |
| 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 Trustless Private Limited
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| 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 | •••• | •••• |
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 Trustless are in the company report.
Financial statements from FY 2021
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.
Board of Directors of Trustless Private Limited
Trustless has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lingraj Mahanand | Director | 07 May 2020 | 6 Years 5 Months | Current |
| Bhubanananda Sethi | Director | 07 May 2020 | 6 Years 5 Months | Current |
| Harshit Harish Jain Also directs: Colorjet India Limited | Director | 05 Jun 2023 | 3 Years 4 Months | Current |
Ownership and Shareholding of Trustless 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 Trustless Private Limited
Trustless Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Trustless Private Limited
Trustless operates two associated brands: Trustless Capital and Credore. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers decentralized financial solutions for managing crypto and fiat currencies securely. | trustless.capital | |
| Blockchain-based solutions for financial supply chain management are provided. | credore.xyz |
Employees and EPFO Compliance at Trustless Private Limited
Trustless Private Limited has a workforce of 0 employees as of Apr 08, 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.
Recent Activity on Trustless Private Limited
Trustless Private Limited has 5 board changes on record since 2020: 4 appointments and 1 cessation. The latest: Harshit Harish Jain was appointed as Director on 05 Jun 2023.
Credit Ratings, Litigation & Regulatory Alerts for Trustless 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 Trustless 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 Trustless 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 Trustless Private Limited
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 Trustless 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 Trustless Private Limited
Trustless is an active private limited company based in Pune, Maharashtra, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 07 May 2020 (6+ years old) and is registered under CIN U72900PN2020PTC190756.
Trustless has 3 current directors:
- Lingraj Mahanand - Director
- Bhubanananda Sethi - Director
- Harshit Harish Jain - Director
The CIN (Corporate Identification Number) of Trustless is U72900PN2020PTC190756. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trustless was incorporated on 07 May 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
Harshit Harish Jain was appointed as Director on 05 Jun 2023. Dash Sekhar Shasanka ceased to be Director on 15 Jul 2022. Dash Sekhar Shasanka was appointed as Director on 04 Feb 2021. Trustless has 5 board changes on record in total.
Yes, Trustless is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Trustless can be reached through the website trustless.capital. Its registered office is in Pune, Maharashtra, India.
The registered office of Trustless is at Shree Manibhadra Estate Sno. 1301 Kala Khadak Fl – 105, Pune, Maharashtra, India – 411057.
Trustless has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.16 Lakh.
Trustless operates in the information technology industry, in the other computer related activities segment.