About
Basic Data Updated:
20 days agoMerchant banking, stock broking, depository participant, and allied services are provided by Indbank Merchant Banking Services Limited. Public issues, rights issues, private placement, acquisition of shares and takeovers, and employee stock option schemes/stock purchase scheme by corporates are among the merchant banking services offered by the company. Valuation of shares and other financial instruments, syndication of loans, acquisitions, mergers and amalgamations, and project counseling, appraisal, and feasibility studies are some of the advisory services provided by the company. The company also offers stock broking services in the cash, derivatives, and wholesale debt market segments of NSE for retail and institutional investors and in the cash segment of BSE. Online trading services and depository participation services for institutions and retail customers are also available, along with the distribution of mutual funds and other investment products.
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
Financials of Indbank Merchant Banking Services Limited
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%.
Corporate Structure
Unlock access to Indbank Merchant Banking Services's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Indbank Merchant Banking Services Limited
Unlock and access historical data on people associated with Indbank Merchant Banking Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (2)
TI
Tausif Inamdar CFOAppointment Date: 22-Jul-2022
Status: Current
CI
Chitra Iyer Company SecretaryAppointment Date: 29-Jan-2022
Status: Current
Board Members(6)
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 |
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.
Alert
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.
Related Corporates (Common Directorship)
Ind Bank Housing Ltd
Active
33 years 4 months Ganapathy Sundaravadivel, Haribabu and 1 more are mutual person
Inicio Advisory And Financial Services Private Limited
Active 1 year 1 month Vaijinath Gavarshetty is a mutual person
Gichfl Financial Services Private Limited
Active 3 years 4 months Vaijinath Gavarshetty is a mutual person
Recent activity within the organization
Director Appointment
Devinder Kumar Singla was appointed as a Additional Director was appointed as a Additional Director on 07 May 2024 & has been associated with this company since 22 days .
07 May 2024Annual General Meeting
Indbank Merchant Banking Services Limited last Annual general meeting of members was held on 14 Sep 2023 as per latest MCA records.
14 Sep 2023Balance Sheet
Indbank Merchant Banking Services Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
31 Mar 2023Director Appointment
Haribabu was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 28 Feb 2022 & has been associated with this company since 2 years 3 months .
28 Feb 2022Director Appointment
Vaijinath Gavarshetty was appointed as a Director was appointed as a Director on 19 Jul 2019 & has been associated with this company since 4 years 10 months .
19 Jul 2019
Recent News, Updates & Announcement
Indbank Merchant Banking Services Ltd Q2 FY2024 PAT up at Rs 242 crore.EIN Presswire 16 Oct 2023
- Indbank Merchant Banking Services Ltd posts PAT of Rs 151 crore in Q1FY24.
EIN Presswire 20 Jul 2023
- Indbank Merchant Banking Services announces change in compliance officer.
Business Standard 23 Apr 2018
Frequently asked questions
What is the Incorporation or founding date of Indbank Merchant Banking Services Limited?
_PRIVATE_LIMITED.webp){kind=small}
