Truworth Trends & Tech Private Limited
About Truworth Trends & Tech Private Limited
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Truworth Trends & Tech Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 29 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1995PTC090088. Its GSTIN is 27AABCT8218P2ZQ (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.6 Cr and a paid-up capital of ₹2.56 Cr. It was formerly known as Truworth Shoes Private Limited and Catwalk Fashions Private Limited. It is led by directors including Minaz Asif Merchant and Asif Ebrahim Merchant.
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 Matulya Centre A Unit No 1 Ground Floor Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.68 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹29.6 Lakh (net margin 6.3%) and EBITDA of ₹55.38 Lakh (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 6% over five years.
As per MCA filings, the company has satisfied charges of ₹6.98 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Truworth Trends & Tech has undergone 2 name changes throughout its history. The company was previously known as Truworth Shoes Private Limited, and Catwalk Fashions Private Limited. The current legal name is Truworth Trends & Tech Private Limited.
| Company Name | Status |
|---|---|
| Truworth Trends & Tech Private Limited | Current |
| Truworth Shoes Private Limited | Previous |
| Catwalk Fashions Private Limited | Previous |
CIN history
Truworth Trends & Tech has one previous CIN (Corporate Identification Number): U51900MH1995PTC090088. The current CIN is U70100MH1995PTC090088, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100MH1995PTC090088 | Current |
| U51900MH1995PTC090088 | Previous |
Contact details
Truworth Trends & Tech Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressMatulya Centre A Unit No 1 Ground Floor Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Truworth Trends & Tech 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
Business activity
The main business activities of Truworth Trends & Tech are manufacturing and real estate activities. In detail, this covers manufacture of leather and related products and real estate activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 15 | Manufacture of leather and related products | |
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Truworth Trends & Tech Private Limited, buy the company report.
Financials of Truworth Trends & Tech Private Limited
FY 2025 filings availableTruworth Trends & Tech Private Limited reported revenue of ₹4.68 Cr (up 258% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 258% growth in the latest year. EBITDA rose 259% 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 |
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| EBITDA | ₹55.38 Lakh | ||||
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| Net Profit (PAT) | ₹29.6 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 11.8% | ||||
| Net Profit Margin | 6.3% | ||||
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To see the full financial statements and ratios of Truworth Trends & Tech Private Limited, buy the company report.
Board of directors of Truworth Trends & Tech Private Limited
Truworth Trends & Tech has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Minaz Asif Merchant Also directs: Fashion Intelligence LLP | Director | 01 Jun 2022 | 4 Years 4 Months | Current |
| Asif Ebrahim Merchant Also directs: Catwalk Worldwide Limited | Director | 22 Sep 2022 | 4 Years 1 Months | Current |
| Ayesha Asif Merchant | Director | 06 May 2022 | 4 Years 5 Months | Current |
| Mohammed Aves Siddique Also directs: Fashion Intelligence LLP | Director | 25 May 2025 | 1 Years 5 Months | Current |
Auditor
Truworth Trends & Tech Private Limited is audited by U G DEVI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| U G DEVI & CO | FY 2019 | 102427W |
Shareholding
The shareholding of Truworth Trends & Tech Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Truworth Trends & Tech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2019 | 100316151 | Others | ₹6.75 Cr | Satisfied | |
| 27 Jan 2004 | 90214956 | Bank of Baroda | ₹7.1 Lakh | Satisfied | |
| 17 Sep 2003 | 90214941 | Bank of Baroda | ₹15.75 Lakh | Satisfied |
To see the full charge records of Truworth Trends & Tech Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Truworth Trends & Tech Private Limited has 4 court cases on record: 4 filed by Truworth Trends & Tech. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (S) | Filed by the company against an individual | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Truworth Trends & Tech 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Truworth Trends & Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Truworth Trends & Tech has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCT8218P2ZQ | Maharashtra | Active | 12 Jul 2017 |
To see the full GST registrations and return filing status of Truworth Trends & Tech Private Limited, buy the company report.
Recent activity
Truworth Trends & Tech Private Limited has 12 board changes on record since 2013: 4 appointments and 8 cessations. The latest: Mohammed Aves Siddique ceased to be Additional Director on 29 Sep 2025.
9 earlier events are in the company report.
Frequently asked questions
Truworth Trends & Tech is an active private limited company based in Mumbai, Maharashtra, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 29 June 1995 (31+ years old) and is registered under CIN U70100MH1995PTC090088.
Truworth Trends & Tech has 4 current directors:
- Minaz Asif Merchant - Director
- Asif Ebrahim Merchant - Director
- Ayesha Asif Merchant - Director
- Mohammed Aves Siddique - Director
The latest financial statements of Truworth Trends & Tech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Truworth Trends & Tech is 27AABCT8218P2ZQ, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Truworth Trends & Tech is U70100MH1995PTC090088. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Truworth Trends & Tech has 4 court cases on record: 4 filed by the company.
Truworth Trends & Tech was incorporated on 29 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Mohammed Aves Siddique ceased to be Additional Director on 29 Sep 2025. Mohammed Aves Siddique was appointed as Director on 25 May 2025. Imtiyaz Usmangani Chhipa ceased to be Director on 01 Dec 2022. Truworth Trends & Tech has 12 board changes on record in total.
The registered office of Truworth Trends & Tech is at Matulya Centre A Unit No 1 Ground Floor Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
Truworth Trends & Tech operates in the consumer goods industry, in the footwear manufacturing segment.