Indbank Merchant Banking Services Limited

This company offers merchant banking, stock broking, and advisory services for financial instruments and investments.

1989 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Indbank Merchant Banking Services Profile

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 44.38 Cr
  • Company Age 35 Year, 6 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 six 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

    indbankonline.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L65191TN1989PLC017883

  • Company No.

    017883

  • Stock Symbol

    BSE : 511473 NSE : INDBANK

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Aug 1989

  • Date of AGM

    19 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Indbank Merchant Banking Services?

Executive Team (2)

NameDesignationAppointment DateStatus
Tausif Inamdar CFO22-Jul-2022Current
Chitra Iyer Company Secretary29-Jan-2022Current

Board Members (7)

NameDesignationAppointment DateStatus
Chitra Murali Country flag representing In Director 20-Nov-2013Current
Ganapathy Sundaravadivel Country flag representing In Director 20-Nov-2013Current
Devinder Singla Country flag representing In Director 07-May-2024Current
Vaijinath Gavarshetty Country flag representing In Director 19-Jul-2019Current
Ashutosh Choudhury Country flag representing In Nominee Director 09-Aug-2024Current
Haribabu Country flag representing In Whole-Time Director 28-Feb-2022Current

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%.

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
-12.96%
Revenue from Operations
3.59%
Total Assets
2.84%
Profit or Loss
-49.71%
Net Worth
4.74%
EBITDA
-3.02%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
14 Feb 1998South Indian Bank Ltd.₹40.00 CrOpen
15 Dec 1994The Federal Bank Ltd.₹20.00 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    19 Sep 2024

  • 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 6 months 15 days .

    09 Aug 2024

  • 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 9 months 17 days .

    07 May 2024

  • Balance Sheet

    Indbank Merchant Banking Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • 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 7 months .

    19 Jul 2019

  • 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 3 months .

    20 Nov 2013

Frequently asked questions

  • Indbank Merchant Banking Services Limited was incorporated on 11 Aug 1989.

  • The authorized share capital of Indbank Merchant Banking Services Limited is ₹ 100.00 Cr and paid-up capital is ₹ 44.38 Cr.

  • 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
  • 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.

  • 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).

  • Yes, Indbank Merchant Banking Services Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): INDBANK.

  • The Official website of Indbank Merchant Banking Services Limited is https://www.indbankonline.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Indbank Merchant Banking Services Limited has fallen by -12.96%.

  • As Per 2023 financial reports, 97 employees are currently employed by Indbank Merchant Banking Services Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Indbank Merchant Banking Services Limited amount to ₹ 60.00 Cr.

  • The most recent Balance Sheet for Indbank Merchant Banking Services Limited was filed with the ROC on 31 Mar 2024.

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