Indbank Merchant Banking Services Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 44.38 Cr
as on 16-11-2024
- Company Age 35 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 60.00 Cr
as on 16-11-2024
- Revenue -12.96%
(FY 2023)
- Profit -49.71%
(FY 2023)
- Ebitda -3.02%
(FY 2023)
- Net Worth 4.74%
(FY 2023)
- Total Assets 2.84%
(FY 2023)
About Indbank Merchant Banking Services
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 511473 and on the National Stock Exchange(NSE) under INDBANK.
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 100.00 Cr and a paid-up capital of Rs 44.38 Cr.
The company currently has active open charges totaling ₹60.00 Cr.
The Key Managerial Personnel (KMP) at Indbank Merchant Banking Services Limited India are Tausif Inamdar as CFO and Chitra Iyer as Company Secretary. Ganapathy Sundaravadivel, Devinder Singla, Chitra Murali, and Four other members serve as directors at the Company.
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Indbank Merchant Banking Services?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tausif Inamdar | CFO | 22-Jul-2022 | Current |
| Chitra Iyer | Company Secretary | 29-Jan-2022 | Current |
Board Members(7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chitra Murali  | Director | 20-Nov-2013 | Current |
| Ganapathy Sundaravadivel | Director | 20-Nov-2013 | Current |
| Devinder Singla | Director | 07-May-2024 | Current |
| Vaijinath Gavarshetty | Director | 19-Jul-2019 | Current |
| Ashutosh Choudhury | Nominee Director | 09-Aug-2024 | Current |
| Haribabu | Whole-Time Director | 28-Feb-2022 | Current |
Financial Performance and Corporate Structure Insights of Indbank Merchant Banking Services.
Indbank Merchant Banking Services Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.96% decrease. The company also saw a substantial fall in profitability, with a 49.71% decrease in profit. The company's net worth moved up by a moderate rise of 4.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Indbank Merchant Banking Services?
In 2022, Indbank Merchant Banking Services had a promoter holding of 64.84% and a public holding of 35.15%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ind Bank Housing LtdActive 33 years 10 monthsGanapathy Sundaravadivel, Haribabu and 1 more are mutual person
Gichfl Financial Services Private LimitedActive 3 years 10 monthsVaijinath Gavarshetty is a mutual person
- Indbank Global Support Services LimitedActive 10 months 10 days
Ashutosh Choudhury and Sunil Jain are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
South Indian Bank Ltd. Creation Date: 14 Feb 1998 | ₹40.00 Cr | Open |
The Federal Bank Ltd. Creation Date: 15 Dec 1994 | ₹20.00 Cr | Open |
How Many Employees Work at Indbank Merchant Banking Services?
Indbank Merchant Banking Services has a workforce of 97 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Indbank Merchant Banking Services, 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 Indbank Merchant Banking Services'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.
