Trusource Technology Private Limited

Trading company specializing in textiles, footwear, and eyeglasses, based in Bangalore.

2017 | Bangaluru, Karnataka (India) | Active
Last Updated:

Trusource Technology Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.62 M
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.19 Cr
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth 291.08%
  • Profit Growth -72.99%
  • Ebitda 5.63%
  • Net Worth 18.03%
  • Total Assets 68.68%

About Trusource Technology

Trusource Technology Private Limited (TTPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 21 February 2017 (Eight years and two months 14 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Fashion And Textile Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.62 M.

The company currently has active open charges totaling ₹11.19 Cr. The company has closed loans amounting to ₹3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Arun Paliwal and Manoj Baranwal serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2017PTC100728

  • Company No.

    100728

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Feb 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Fashion and Textile
Consumer Goods
Company report

Trusource Technology Private Limited

Explore comprehensive data for Trusource Technology Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Trusource Technology?

Board Members (2)

NameDesignationAppointment DateStatus
Manoj Baranwal Country flag representing In Director 02-Jan-2018Current
Arun Paliwal Country flag representing In Director 21-Feb-2017Current

Financial Performance of Trusource Technology.

Trusource Technology Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 291.08% increase. The company also saw a substantial fall in profitability, with a 72.99% decrease in profit. The company's net worth Soared by an impressive increase of 18.03%.

Trusource Technology revenue growth over time
Trusource Technology profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
291.08%
Revenue from Operations
293.05%
Total Assets
68.68%
Profit or Loss
-72.99%
Net Worth
18.03%
EBITDA
5.63%

What is the Ownership and Shareholding Structure of Trusource Technology?

In 2022, Trusource Technology had a public holding of 6.48%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹111.90 M

Satisfied Charges

₹30.00 M

Charges Breakdown by Lending Institutions

  • Others : 11.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 0.15 Cr
  • Hdfc Bank Limited : 0.04 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jan 2024Others₹1.00 CrOpen
06 Dec 2023The Hongkong And Shanghai Banking Corporation Limited₹1.50 MOpen
30 Mar 2023Others₹1.00 CrOpen
30 Mar 2023Others₹2.00 CrOpen
24 Mar 2023Others₹2.00 CrOpen

How Many Employees Work at Trusource Technology?

Trusource Technology has a workforce of 749 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Trusource Technology Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Trusource Technology, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Trusource Technology's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Trusource Technology

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100871227 was registered on 31 Jan 2024.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 1.50 M with Charge ID 100832084 was registered on 06 Dec 2023.

  • Annual General Meeting

    Trusource Technology Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Trusource Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100706850 was registered on 30 Mar 2023.

  • Charges

    A charge with Others amounted to Rs. 20.00 M with Charge ID 100706851 was registered on 30 Mar 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Trusource Technology Private Limited?

    Trusource Technology Private Limited was incorporated on 21 Feb 2017.

  • What is authorized share capital and paid-up capital of Trusource Technology Private Limited?

    The authorized share capital of Trusource Technology Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.62 M.

  • Who are the current board members & directors of Trusource Technology Private Limited?

    Currently 2 directors are associated with Trusource Technology Private Limited.

    • Arun Paliwal
    • Manoj Kumar Baranwal

  • What is the registered address of Trusource Technology Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Trusource Technology Private Limited is Survey No. 111/3 111/5 111/1 111/7 111/2 Budhihal Village, Kasaba Hobli India, Nelamangala, Karnataka, 562123.

  • What is the corporate identification number (CIN) and company number of Trusource Technology Private Limited?

    The corporate identification number (CIN) of Trusource Technology Private Limited is U72900KA2017PTC100728 and the company number is 100728 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Trusource Technology Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Trusource Technology Private Limited has risen by 291.08%.

  • How many employees does Trusource Technology Private Limited currently have?

    As Per 2022 financial reports, 749 employees are currently employed by Trusource Technology Private Limited.

  • What change has been observed in the net worth of Trusource Technology Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Trusource Technology Private Limited has experienced an upsurge of 18.03%.

  • What are the total open charges for Trusource Technology Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Trusource Technology Private Limited amount to ₹ 11.19 Cr.

  • When was the last Balance Sheet of Trusource Technology Private Limited filed with the ROC?

    The most recent Balance Sheet for Trusource Technology Private Limited was filed with the ROC on 31 Mar 2023.

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