Trust Fintech Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
as on 27-07-2024
- Paid Up Capital ₹ 23.83 Cr
as on 27-07-2024
- Company Age 26 Year, 5 Days
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 1.84 Cr
as on 27-07-2024
- Revenue 26.02%
(FY 2023)
- Profit 201.02%
(FY 2023)
- Ebitda 205.00%
(FY 2023)
- Net Worth 79.29%
(FY 2023)
- Total Assets 59.24%
(FY 2023)
About Trust Fintech
The Corporate was formerly known as Trust Systems And Software (India) Limited. The Company is engaged in the Information Technology 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 25.00 Cr and a paid-up capital of Rs 23.83 Cr.
The company has closed loans amounting to ₹1.84 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Trust Fintech Limited India are Anand Kane as CFO and Deshana Pathak as Company Secretary. Hemant Chafle, Mandar Deo, Heramb Damle, and Five other members serve as directors at the Company.
- CIN/LLPIN
U72100MH1998PLC117470
- Company No.
117470
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
15 Dec 1998
- Date of AGM
15 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Nagpur, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Trust Fintech Limited offer?
Trust Fintech Limited offers a wide range of products and services, including Software Development Services, Customized Software Solution, IT Solutions, IT, Networking & Automation Solution, CA, CS & Cost Accounting Services, Accounting Services.
Who are the key members and board of directors at Trust Fintech?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hemant Chafle  | Managing Director | 17-Dec-1998 | Current |
| Anand Kane | CFO | Current | |
| Deshana Pathak | Company Secretary | Current |
Board Members(7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kapil Chandrayan | Director | 08-Jan-2024 | Current |
| Anand Kane | Director | 18-Oct-2016 | Current |
| Mandar Deo | Whole-Time Director | 12-Mar-2010 | Current |
| Heramb Damle | Whole-Time Director | 12-Mar-2010 | Current |
| Prasad Dongarkar | Director | 08-Jan-2024 | Current |
| Nitin Alshi | Director | 08-Jan-2024 | Current |
Financial Performance and Corporate Structure Insights of Trust Fintech.
Trust Fintech Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.02% increase. The company also saw a substantial improvement in profitability, with a 201.02% increase in profit. The company's net worth Soared by an impressive increase of 79.29%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Trust Fintech?
In 2023, Trust Fintech had a promoter holding of 92.53% and a public holding of 7.47%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 24 Oct 2016 | ₹1.05 M | Satisfied |
Allahabad Bank Creation Date: 19 Aug 2014 | ₹0.85 M | Satisfied |
Indian Bank Creation Date: 29 Oct 2009 | ₹1.60 Cr | Satisfied |
How Many Employees Work at Trust Fintech?
Unlock and access historical data on people associated with Trust Fintech, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Trust Fintech, 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 Fintech's trajectory.
Rating
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
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.
