Trustmore Technologies Private Limited

Trustmore Technologies Private Limited - internet in Gurgaon, Haryana, India. FY 2026 financials & compliance.
CIN U70102HR2015PTC056344 Incorporated 10 August 2015 ROC Haryana HQ Gurgaon, Haryana, India
Active Private Limited Company internet MSME · Micro
Data last updated
Revenue · FY 2025
₹1.12 Cr
▲ 8% YoY
Net loss · FY 2025
₹3.68 Cr
Net margin -327.9%
EBITDA · FY 2025
-₹3.37 Cr
EBITDA margin -299.9%
Authorised capital
₹11 Lakh
Registered with MCA
Paid-up capital
₹1.57 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Trustmore Technologies Private Limited

Data last updated:

Trustmore Technologies Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 10 August 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U70102HR2015PTC056344. Its GSTIN is 06AAGCB4195E1ZR (Haryana).

The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹1.57 Lakh. It was formerly known as Bigdealsin Business Network Private Limited. It is led by directors Ashwin Chawwla (Managing Director) and Brijesh Thakkar.

Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sector 24, Gurgaon, Haryana.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.12 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹3.68 Cr (net margin -327.9%) and EBITDA of -₹3.37 Cr (EBITDA margin -299.9%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 12% over five years.

The company is associated with 2 brands: Escrowpay and Trustmore. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 4 cases are pending. The company has 14 deals on record (4 funding rounds, 4 rights issues, 4 secondary share transfers), with disclosed funding of ₹32.32 Cr; the latest was in January 2024. The company has 12 MSME Form 1 returns on record between 2019 and 2023, listing 85 overdue payments to 1 micro and small supplier.

Trustmore Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0058689). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website escrowpayindia.com.

Company details

CIN U70102HR2015PTC056344
Registration Number 056344
Incorporation Date 10 August 2015
ROC Haryana
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-HR-05-0058689
Key People
Ashwin Chawwla Managing Director Brijesh Thakkar Nominee Director

Recognitions & Rankings of Trustmore Technologies

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-HR-05-0058689

Contact details

Trustmore Technologies Private Limited's registered office is in Gurgaon, Haryana. Its website is escrowpayindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    escrowpayindia.com
  • Social Media
  • Registered Address
    91S Ground Floor Building No. 7A, DLF Cyber City DLF Phase 2 Sector 24, Gurgaon, Haryana, India – 122002
  • Industry
    Internet, Online Financial Services

To see the full contact details of Trustmore Technologies Private Limited, buy the company report.

Comprehensive company report
Trustmore Technologies Private Limited - one report that includes everything
  • 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
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Brands

Trustmore Technologies operates two associated brands: Escrowpay and Trustmore. Each brand links to its own profile.

BrandDescriptionWebsite
Escrowpay
Digital escrow services are delivered for secure transaction management in financial sectors.escrowpayindia.com
Trustmore
Provider of financial services with a focus on innovative offerings beyond escrow servicesitrustmore.com

Business activity

The main business activity of Trustmore Technologies is support service to organizations. In detail, this covers other support services to organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Trustmore Technologies Private Limited, buy the company report.

Financials of Trustmore Technologies Private Limited

FY 2025 filings available

Trustmore Technologies Private Limited reported revenue of ₹1.12 Cr (up 8% YoY) for FY 2025.

Revenue · FY 2025
₹1.12 Cr ▲ 8%
Net loss · FY 2025
₹3.68 Cr margin -327.9%
EBITDA · FY 2025
-₹3.37 Cr margin -299.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 47%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▼ 59%
5 years · compounded
▼ 29%

Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 8% growth in the latest year. EBITDA rose 14% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹3.37 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.68 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-299.9%
Net Profit Margin-327.9%
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 Trustmore Technologies Private Limited, buy the company report.

Board of directors of Trustmore Technologies Private Limited

Trustmore Technologies has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Brijesh Thakkar
Also directs: Exovolt Energy Limited, Trikaya Wealth Advisors Private Limited
Nominee Director12 Apr 20188 Years 6 MonthsCurrent
Ashwin ChawwlaManaging Director10 Aug 201511 Years 2 MonthsCurrent
View all directors

Auditor

Trustmore Technologies Private Limited is audited by S. S. Sikka & Co for the financial year 2022.

Auditor firmFinancial yearFirm registration number
S. S. Sikka & CoFY 2022007333N

Shareholding

The shareholding of Trustmore Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Trustmore Technologies Private Limited, buy the company report.

Deals & funding

Trustmore Technologies Private Limited has 14 deals on record (4 funding rounds, 4 rights issues, 4 secondary share transfers), with disclosed funding of ₹32.32 Cr; the latest was in January 2024.

Total deals
14
Funding rounds
4
Rights issues
4
Secondary share transfers
4
Convertible or debt financings
2
Disclosed funding
₹32.32 Cr

Deals on record (5 of 14)

WhenDealAmountParties
Jan 2024Rights issue₹5.05 CrInvestors: Tano Capital, Chhatisgarh Investments Limited , 2 individuals
Jan 2021Rights issue₹65.6 LakhInvestors: Chhatisgarh Investments Limited , an individual
Nov 2019Secondary share transferUndisclosedBuyer: Bluebolt Accelerator Private Limited , 2 individuals
Seller: an individual
Apr 2019Rights issue₹20 LakhInvestors: Chhatisgarh Investments Limited
Oct 2018Rights issue₹77.3 LakhInvestors: Chhatisgarh Investments Limited , Uday Venture, 2 individuals

To see the full deal history of Trustmore Technologies Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Trustmore Technologies Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 85 overdue payments 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)

SupplierAmount dueDue sinceReported on
Eminds Legal LLP

To see the full MSME payment records of Trustmore Technologies Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Trustmore Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
06AAGCB4195E1ZRHaryanaActive01 Jul 2017

To see the full GST registrations and return filing status of Trustmore Technologies Private Limited, buy the company report.

Recent activity

Trustmore Technologies Private Limited has 7 board changes on record since 2015: 2 appointments and 5 cessations. The latest: Anil Kumar Chhikara ceased to be Director on 04 Nov 2021.

AGM
Trustmore Technologies Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Filing
Trustmore Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Haryana.
Ceased
Anil Kumar Chhikara ceased to be Director.
Ceased
Ashwin Chawwla ceased to be Director.
Ceased
Manoj Manohar ceased to be Director.
Ceased
Subhrangshu Neogi ceased to be Additional Director.
Appointed
Brijesh Thakkar was appointed as Nominee Director.
Ceased
Ashish Bahadur ceased to be Director.
Appointed
Ashwin Chawwla was appointed as Managing Director.
Incorporation
10 Aug 2015
Trustmore Technologies Private Limited was registered on 10 Aug 2015 with Roc Haryana & aged 11 years 3 months as per MCA records.

News

Escrowpay collaborates with Eqaro Guarantees
14 Jun 2023 · Expresscomputer

Frequently asked questions

Trustmore Technologies is an active private limited company based in Gurgaon, Haryana, India. The company works in online financial services, within the internet industry. It was incorporated on 10 August 2015 (11+ years old) and is registered under CIN U70102HR2015PTC056344.

Trustmore Technologies has 2 current directors:

The latest financial statements of Trustmore Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Trustmore Technologies is 06AAGCB4195E1ZR, registered in Haryana.

The CIN (Corporate Identification Number) of Trustmore Technologies is U70102HR2015PTC056344. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Trustmore Technologies has 8 court cases on record: 4 filed by the company and 4 filed against it. 4 are pending. Most are in the district courts.

Trustmore Technologies was incorporated on 10 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Haryana.

Trustmore Technologies has 14 deals on record (4 funding rounds, 4 rights issues, 4 secondary share transfers), with disclosed funding of ₹32.32 Cr; the latest was in January 2024.

Anil Kumar Chhikara ceased to be Director on 04 Nov 2021. Ashwin Chawwla ceased to be Director on 01 Jul 2019. Manoj Manohar ceased to be Director on 29 Sep 2018. Trustmore Technologies has 7 board changes on record in total.

Yes, Trustmore Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-05-0058689).

Trustmore Technologies has 12 MSME Form 1 returns on record between 2019 and 2023, listing 85 overdue payments to 1 micro and small supplier. The latest return was filed on 13 Nov 2023.