Trust Asset Management Private Limited

Financial intermediation services provider, part of Trust Group, incorporated in 2017, based in Mumbai.

2017 | Mumbai, Maharashtra (India) | Active
Last Updated:

Trust Asset Management Profile

Key Indicators

  • Authorised Capital ₹ 175.00 Cr
  • Paid Up Capital ₹ 140.00 Cr
  • Company Age 7 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 79.07%
  • Profit Growth -149.00%
  • Ebitda -167.28%
  • Net Worth 12.66%
  • Total Assets 8.96%

About Trust Asset Management

Trust Asset Management Private Limited (TAMPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 December 2017 (Seven years and two months 24 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 175.00 Cr and a paid-up capital of Rs 140.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Trust Asset Management Private Limited India are Puja Trivedi as COMPANY SECRETARY and Sandeep Bagla as Ceo. Hemant Madhusudan, Rajeev Agarwal, Nipa Sheth, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    trustmf.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65929MH2017PTC302677

  • Company No.

    302677

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Dec 2017

  • Date of AGM

    18 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Trust Asset Management?

Executive Team (2)

NameDesignationAppointment DateStatus
Puja Trivedi Company Secretary12-Apr-2018Current
Sandeep Bagla Country flag representing In CEO19-Oct-2021Current

Board Members (4)

NameDesignationAppointment DateStatus
Utpal Sheth Country flag representing In Director 11-Dec-2017Current
Hemant Madhusudan Country flag representing In Director 19-Oct-2018Current
Rajeev Agarwal Country flag representing In Director 27-Sep-2018Current
Nipa Sheth Country flag representing In Director 11-Dec-2017Current

Financial Performance of Trust Asset Management.

Trust Asset Management Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 79.07% increase. The company also saw a substantial fall in profitability, with a 149% decrease in profit. The company's net worth Soared by an impressive increase of 12.66%.

Trust Asset Management revenue growth over time
Trust Asset Management 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
79.07%
Revenue from Operations
80.07%
Total Assets
8.96%
Profit or Loss
-149.00%
Net Worth
12.66%
EBITDA
-167.28%

What is the Ownership and Shareholding Structure of Trust Asset Management?

In 2023, Trust Asset Management had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Trust Asset Management?

Trust Asset Management has a workforce of 45 employees as of Apr 08, 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 Trust Asset Management Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Trust Asset Management, 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 Trust Asset Management'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 Trust Asset Management

Recent activity within the organization

  • Annual General Meeting

    Trust Asset Management Private Limited last Annual general meeting of members was held on 18 Jul 2024 as per latest MCA records.

  • Balance Sheet

    Trust Asset Management Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Sandeep Bagla was appointed as a Ceo was appointed as a Ceo on 19 Oct 2021 & has been associated with this company since 3 years 4 months .

  • Director Appointment

    Hemant Nerurkar Madhusudan was appointed as a Director was appointed as a Director on 19 Oct 2018 & has been associated with this company since 6 years 4 months .

  • Director Appointment

    Rajeev Krishnamuralilal Agarwal was appointed as a Director was appointed as a Director on 27 Sep 2018 & has been associated with this company since 6 years 5 months .

  • Director Appointment

    Puja Bharatkumar Trivedi was appointed as a Company Secretary was appointed as a Company Secretary on 12 Apr 2018 & has been associated with this company since 6 years 10 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Trust Asset Management Private Limited?

    Trust Asset Management Private Limited was incorporated on 11 Dec 2017.

  • What is authorized share capital and paid-up capital of Trust Asset Management Private Limited?

    The authorized share capital of Trust Asset Management Private Limited is ₹ 175.00 Cr and paid-up capital is ₹ 140.00 Cr.

  • Who are the current board members & directors of Trust Asset Management Private Limited?

    Currently 6 directors are associated with Trust Asset Management Private Limited.

    • Hemant Nerurkar Madhusudan
    • Rajeev Krishnamuralilal Agarwal
    • Puja Bharatkumar Trivedi
    • Sandeep Bagla
    • Nipa Utpal Sheth
    • Utpal Hemendra Sheth

  • What is the registered address of Trust Asset Management Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Trust Asset Management Private Limited is 101 1St Floor Naman Corporate Link Centre G-Block, Kurla Complex India, Bandra, Maharashtra, 400051.

  • What is the corporate identification number (CIN) and company number of Trust Asset Management Private Limited?

    The corporate identification number (CIN) of Trust Asset Management Private Limited is U65929MH2017PTC302677 and the company number is 302677 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Trust Asset Management Private Limited?

    The Official website of Trust Asset Management Private Limited is https://www.trustmf.com

  • What has been the recent revenue trend for Trust Asset Management Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Trust Asset Management Private Limited has risen by 79.07%.

  • How many employees does Trust Asset Management Private Limited currently have?

    As Per 2022 financial reports, 45 employees are currently employed by Trust Asset Management Private Limited.

  • What change has been observed in the net worth of Trust Asset Management Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Trust Asset Management Private Limited has experienced an upsurge of 12.66%.

  • When was the last Balance Sheet of Trust Asset Management Private Limited filed with the ROC?

    The most recent Balance Sheet for Trust Asset Management Private Limited was filed with the ROC on 31 Mar 2024.