Trustplutus Wealth (India) Private Limited

Provides wealth management and advisory services, based in Mumbai.

2010 | Mumbai, Maharashtra (India) | Active
Last Updated: July 31, 2024

Trustplutus Wealth (India) Profile

Key Indicators

  • Authorised Capital ₹ 13.40 Cr
  • Paid Up Capital ₹ 3.25 Cr
  • Company Age 14 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -12.71%
  • Profit Growth -9.92%
  • Ebitda -56.06%
  • Net Worth -192.48%
  • Total Assets 14.39%

About Trustplutus Wealth (India)

Trustplutus Wealth (India) Private Limited (TWIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 July 2010 and has a history of 14 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Trust Wealth Advisors Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 13.40 Cr and a paid-up capital of Rs 3.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Utpal Sheth, Nipa Sheth, and Sameer Kaul serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    trustplutus.com

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U65991MH2010PTC206150

  • Company No.

    206150

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Jul 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Trustplutus Wealth (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Sameer Kaul Country flag representing In Managing Director01-Jan-2019Current

Board Members (2)

NameDesignationAppointment DateStatus
Utpal Sheth Country flag representing In Director 31-Jul-2010Current
Nipa Sheth Country flag representing In Director 31-Jul-2010Current

Financial Performance of Trustplutus Wealth (India).

Trustplutus Wealth (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.71% decrease. The company also saw a slight decrease in profitability, with a 9.92% decrease in profit. The company's net worth observed a substantial decline by a decrease of 192.48%.

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
-12.71%
Revenue from Operations
-12.24%
Total Assets
14.39%
Profit or Loss
-9.92%
Net Worth
-192.48%
EBITDA
-56.06%

What is the Ownership and Shareholding Structure of Trustplutus Wealth (India)?

In 2023, Trustplutus Wealth (India) had a promoter holding of 89.51% and a public holding of 10.49%. The company had 1 Subsidiary. 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 Trustplutus Wealth (India)?

Unlock and access historical data on people associated with Trustplutus Wealth (India), 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 Trustplutus Wealth (India), 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 Trustplutus Wealth (India)'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 Trustplutus Wealth (India)

Recent activity within the organization

  • Annual General Meeting

    Trustplutus Wealth (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Trustplutus Wealth (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Sameer Kaul was appointed as a Managing Director was appointed as a Managing Director on 01 Jan 2019 & has been associated with this company since 6 years 1 month .

    01 Jan 2019

  • Director Appointment

    Utpal Hemendra Sheth was appointed as a Director was appointed as a Director on 31 Jul 2010 & has been associated with this company since 14 years 6 months .

    31 Jul 2010

  • Director Appointment

    Nipa Utpal Sheth was appointed as a Director was appointed as a Director on 31 Jul 2010 & has been associated with this company since 14 years 6 months .

    31 Jul 2010

  • Company Incorporation

    Trustplutus Wealth (India) Private Limited was registered on 31 Jul 2010 with Roc Mumbai & aged 14 years 6 months as per MCA records.

    31 Jul 2010

Frequently asked questions

  • Trustplutus Wealth (India) Private Limited was incorporated on 31 Jul 2010.

  • The authorized share capital of Trustplutus Wealth (India) Private Limited is ₹ 13.40 Cr and paid-up capital is ₹ 3.25 Cr.

  • Currently 3 directors are associated with Trustplutus Wealth (India) Private Limited.

    • Utpal Hemendra Sheth
    • Nipa Utpal Sheth
    • Sameer Kaul
  • As per Ministry of Corporate Affairs (Mca), the registered address of Trustplutus Wealth (India) Private Limited is 1081St FloorBalarama Premises Bandra Kurla Complex Bandra (E), Mumbai, Maharashtra, India, 400051.

  • The corporate identification number (CIN) of Trustplutus Wealth (India) Private Limited is U65991MH2010PTC206150 and the company number is 206150 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Trustplutus Wealth (India) Private Limited is https://www.trustplutus.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Trustplutus Wealth (India) Private Limited has fallen by -12.71%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Trustplutus Wealth (India) Private Limited has experienced an downturn of -192.48%.

  • The most recent Balance Sheet for Trustplutus Wealth (India) Private Limited was filed with the ROC on 31 Mar 2023.

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