Indbank Merchant Banking Services Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 44.38 Cr
- Company Age 35 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 60.00 Cr
- Revenue Growth -12.96%
- Profit Growth -49.71%
- Ebitda -3.02%
- Net Worth 4.74%
- Total Assets 2.84%
About Indbank Merchant Banking Services
Indbank Merchant Banking Services Limited (IMBSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 August 1989 and has a history of 35 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.
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.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Financial Services
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 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
- Ratios
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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 LtdGanapathy Sundaravadivel, Haribabu and 1 more are mutual person
Gic Housing Finance LimitedVaijinath Gavarshetty is a mutual person
Punjab Communications LimitedDevinder Singla is a mutual person
Gichfl Financial Services Private LimitedVaijinath Gavarshetty is a mutual person
- Indbank Global Support Services Limited
Ashutosh Choudhury and Sunil Jain are mutual person
Charges (Loans)
Open Charges
₹60.00 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- South Indian Bank Ltd. : 40.00 Cr
- The Federal Bank Ltd. : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Feb 1998 | South Indian Bank Ltd. | ₹40.00 Cr | Open |
| 15 Dec 1994 | The Federal Bank Ltd. | ₹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.
Latest Updates, News, and FAQs on Indbank Merchant Banking Services
Recent activity within the organization
- Annual General Meeting
Indbank Merchant Banking Services Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.
- Director Appointment
Ashutosh Choudhury was appointed as a Nominee Director was appointed as a Nominee Director on 09 Aug 2024 & has been associated with this company since 7 months 18 days .
- Director Appointment
Devinder Kumar Singla was appointed as a Director was appointed as a Director on 07 May 2024 & has been associated with this company since 10 months 20 days .
- Balance Sheet
Indbank Merchant Banking Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Vaijinath Gavarshetty was appointed as a Director was appointed as a Director on 19 Jul 2019 & has been associated with this company since 5 years 8 months .
- Director Appointment
Ganapathy Ramasamy Sundaravadivel was appointed as a Director was appointed as a Director on 20 Nov 2013 & has been associated with this company since 11 years 4 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Indbank Merchant Banking Services Limited?
Indbank Merchant Banking Services Limited was incorporated on 11 Aug 1989.
What is authorized share capital and paid-up capital of Indbank Merchant Banking Services Limited?
The authorized share capital of Indbank Merchant Banking Services Limited is ₹ 100.00 Cr and paid-up capital is ₹ 44.38 Cr.
Who are the current board members & directors of Indbank Merchant Banking Services Limited?
Currently 9 directors are associated with Indbank Merchant Banking Services Limited.
- Ganapathy Ramasamy Sundaravadivel
- Devinder Kumar Singla
- Chitra Murali
- Vaijinath Gavarshetty
- Ashutosh Choudhury
- Haribabu
- Sunil Jain
- Tausif Allabaksh Inamdar
- Chitra Mangalam Achuthananda Iyer
What is the registered address of Indbank Merchant Banking Services Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Indbank Merchant Banking Services Limited is I Floor Khivraj Complex No.480 Anna Salai, Nandanam India, Chennai, Tamil Nadu, 600035.
What is the corporate identification number (CIN) and company number of Indbank Merchant Banking Services Limited?
The corporate identification number (CIN) of Indbank Merchant Banking Services Limited is L65191TN1989PLC017883 and the company number is 017883 as per Ministry of Corporate Affairs (MCA).
Is Indbank Merchant Banking Services Limited registered with any stock exchange in India?
Yes, Indbank Merchant Banking Services Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): INDBANK.
What is the official website of Indbank Merchant Banking Services Limited?
The Official website of Indbank Merchant Banking Services Limited is https://www.indbankonline.com
What has been the recent revenue trend for Indbank Merchant Banking Services Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Indbank Merchant Banking Services Limited has fallen by -12.96%.
How many employees does Indbank Merchant Banking Services Limited currently have?
As Per 2023 financial reports, 97 employees are currently employed by Indbank Merchant Banking Services Limited.
What change has been observed in the net worth of Indbank Merchant Banking Services Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Indbank Merchant Banking Services Limited has experienced an upsurge of 4.74%.
What are the total open charges for Indbank Merchant Banking Services Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Indbank Merchant Banking Services Limited amount to ₹ 60.00 Cr.
When was the last Balance Sheet of Indbank Merchant Banking Services Limited filed with the ROC?
The most recent Balance Sheet for Indbank Merchant Banking Services Limited was filed with the ROC on 31 Mar 2024.
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