Trustnride Vehicles Private Limited

Provides brokerage, trading, and consulting services for old cars and vehicles.

2019 | Delhi (India) | Active
Last Updated: October 24, 2024

Trustnride Vehicles Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 1.00 K
  • Company Age 5 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 140.50 Cr
  • Revenue Growth -16.32%
  • Profit Growth -65.31%
  • Ebitda 45.66%
  • Net Worth 25.63%
  • Total Assets -95.14%

About Trustnride Vehicles

Trustnride Vehicles Private Limited (TVPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 June 2019 (Five years and seven months 28 days old ). Its registered office is in Delhi, India.

The Company is engaged in the Automotive 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 0.10 M and a paid-up capital of Rs 1.00 K .

The company has closed loans amounting to ₹140.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Krishnan Narayanswamy and Reddappa serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50401DL2019PTC351418

  • Company No.

    351418

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jun 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

Who are the key members and board of directors at Trustnride Vehicles?

Board Members (2)

Name Designation Appointment Date Status
Krishnan Narayanswamy Country flag representing In Director Current
Reddappa Country flag representing In Director Current

Financial Performance of Trustnride Vehicles.

Trustnride Vehicles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.32% decrease. The company also saw a substantial fall in profitability, with a 65.31% decrease in profit. The company's net worth Soared by an impressive increase of 25.63%.

Graph illustrating revenue growth over time
Graph showing 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
-16.32%
Revenue from Operations
-14.46%
Total Assets
-95.14%
Profit or Loss
-65.31%
Net Worth
25.63%
EBITDA
45.66%

What is the Ownership and Shareholding Structure of Trustnride Vehicles?

In 2023, Trustnride Vehicles 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)

Open Charges

₹0

Satisfied Charges

₹1,405.00 M

Charges Breakdown by Lending Institutions

  • Others : 123.50 Cr
  • Hdfc Bank Limited : 17.00 Cr

Latest Charge Details

Date Lender Amount Status
16 Sep 2022 Hdfc Bank Limited ₹17.00 Cr Satisfied
20 Jan 2022 Others ₹12.50 Cr Satisfied
08 Dec 2021 Others ₹25.00 Cr Satisfied
26 Oct 2021 Others ₹12.50 Cr Satisfied
27 Aug 2021 Others ₹25.00 Cr Satisfied

How Many Employees Work at Trustnride Vehicles?

Unlock and access historical data on people associated with Trustnride Vehicles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Trustnride Vehicles, 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 Trustnride Vehicles'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 Trustnride Vehicles

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Trustnride Vehicles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge registered on 20 Jan 2022 via Charge ID 100535575 with Others was fully satisfied on 09 Mar 2023.

    09 Mar 2023

  • Charges

    A charge registered on 16 Sep 2022 via Charge ID 100623798 with Hdfc Bank Limited was fully satisfied on 08 Mar 2023.

    08 Mar 2023

  • Charges

    A charge registered on 14 Oct 2020 via Charge ID 100393259 with Others was fully satisfied on 28 Feb 2023.

    28 Feb 2023

  • Charges

    A charge registered on 20 Oct 2020 via Charge ID 100395913 with Others was fully satisfied on 18 Jan 2023.

    18 Jan 2023

Frequently asked questions

  • Trustnride Vehicles Private Limited was incorporated on 14 Jun 2019.

  • The authorized share capital of Trustnride Vehicles Private Limited is ₹ 0.10 M and paid-up capital is ₹ 1.00 K .

  • Currently 2 directors are associated with Trustnride Vehicles Private Limited.

    • Krishnan Narayanswamy
    • Reddappa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Trustnride Vehicles Private Limited is A-54 Basement Gulmohar Park India, New Delhi, 110049.

  • The corporate identification number (CIN) of Trustnride Vehicles Private Limited is U50401DL2019PTC351418 and the company number is 351418 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Trustnride Vehicles Private Limited is https://www.trustnride.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Trustnride Vehicles Private Limited has fallen by -16.32%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Trustnride Vehicles Private Limited has experienced an upsurge of 25.63%.

  • The most recent Balance Sheet for Trustnride Vehicles Private Limited was filed with the ROC on 31 Mar 2023.

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