Kotak Mahindra Bank Limited

Provides diverse financial services including commercial vehicle financing, consumer loans, and investment banking.

1985 | Mumbai, Maharashtra (India) | Active
Last Updated: December 28, 2024

Kotak Mahindra Bank Profile

Key Indicators

  • Authorised Capital ₹ 1,900.00 Cr
  • Paid Up Capital ₹ 994.08 Cr
  • Company Age 39 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2,166.79 Cr
  • Satisfied Charges ₹ 5.00 M

About Kotak Mahindra Bank

Kotak Mahindra Bank Limited (KMBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 November 1985 and has a history of 39 years and three months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500247 and on the National Stock Exchange(NSE) under KOTAKBANK.

The Corporate was formerly known as Kotak Capital Management Finance 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 2024. It's a company limited by shares with an authorized capital of Rs 1,900.00 Cr and a paid-up capital of Rs 994.08 Cr.

The company currently has active open charges totaling ₹2,166.79 Cr. The company has closed loans amounting to ₹5.00 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Kotak Mahindra Bank Limited India are Devang Gheewala as Cfo, Avan Doomasia as Company Secretary, and Ashok Vaswani as Ceo. Shanti Ekambaram, Uday Kotak, Chandra Rajan, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kotak.com

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    L65110MH1985PLC038137

  • Company No.

    038137

  • Stock Symbol

    BSE : 500247 NSE : KOTAKBANK

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Nov 1985

  • Date of AGM

    03 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Financial Services

What products or services does Kotak Mahindra Bank Limited offer?

Kotak Mahindra Bank Limited offers a wide range of products and services, including Banking Service, Saving Account Services.

Who are the key members and board of directors at Kotak Mahindra Bank?

Executive Team (3)

NameDesignationAppointment DateStatus
Devang Gheewala CFO12-Apr-2024Current
Ashok Vaswani Country flag representing In Managing Director01-Jan-2024Current
Avan Doomasia Company Secretary01-Dec-2020Current

Board Members (9)

NameDesignationAppointment DateStatus
Uday Kotak Country flag representing In Director 21-Nov-1985Current
Uday Shankar Country flag representing In Director 16-Mar-2019Current
Shanti Ekambaram Country flag representing In Whole-Time Director 01-Nov-2022Current
Ketaki Bhagwati Country flag representing In Director 18-May-2024Current
Chandra Rajan Country flag representing In Director 22-Oct-2022Current
Amit Desai Country flag representing In Director 18-Mar-2022Current

Financial Performance of Kotak Mahindra Bank.

Kotak Mahindra Bank Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Kotak Mahindra Bank?

In 2023, Kotak Mahindra Bank had a promoter holding of 25.95% and a public holding of 74.05%. The company had 14 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,166.79 Cr

Satisfied Charges

₹0.50 Cr

Charges Breakdown by Lending Institutions

  • Uti Bank Ltd : 853.50 Cr
  • The Industrial Credit & Investment Corpn Of India Ltd : 262.70 Cr
  • Sicom Ltd : 147.17 Cr
  • Icici Ltd : 74.20 Cr
  • Industrial Development Bank Of India : 63.00 Cr
  • Others : 766.22 Cr

Latest Charge Details

DateLenderAmountStatus
20 Mar 2003Uti Bank Ltd₹180.00 CrOpen
24 Jan 2003State Bank Of Patiala₹20.00 CrOpen
20 Jan 2003Uti Bank Ltd₹295.00 CrOpen
25 Oct 2002Uti Bank Ltd₹58.00 CrOpen
10 Oct 2002Bank Of India₹25.00 CrOpen

How Many Employees Work at Kotak Mahindra Bank?

Kotak Mahindra Bank has a workforce of 73299 employees as of Apr 08, 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 Kotak Mahindra Bank, 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 Kotak Mahindra Bank'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 Kotak Mahindra Bank

Recent activity within the organization

  • Annual General Meeting

    Kotak Mahindra Bank Limited last Annual general meeting of members was held on 03 Aug 2024 as per latest MCA records.

    03 Aug 2024

  • Director Appointment

    Ashok Valiram Vaswani was appointed as a Ceo was appointed as a Ceo on 29 Jun 2024 & has been associated with this company since 7 months 24 days .

    29 Jun 2024

  • Director Appointment

    Ketaki Sanat Bhagwati was appointed as a Director was appointed as a Director on 18 May 2024 & has been associated with this company since 9 months 5 days .

    18 May 2024

  • Director Appointment

    Devang Chandrakant Gheewala was appointed as a Cfo was appointed as a Cfo on 12 Apr 2024 & has been associated with this company since 10 months 10 days .

    12 Apr 2024

  • Balance Sheet

    Kotak Mahindra Bank Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Ashok Valiram Vaswani was appointed as a Managing Director was appointed as a Managing Director on 01 Jan 2024 & has been associated with this company since 1 year 1 month .

    01 Jan 2024

Frequently asked questions

  • Kotak Mahindra Bank Limited was incorporated on 21 Nov 1985.

  • The authorized share capital of Kotak Mahindra Bank Limited is ₹ 1,900.00 Cr and paid-up capital is ₹ 994.08 Cr.

  • Currently 13 directors are associated with Kotak Mahindra Bank Limited.

    • Devang Chandrakant Gheewala
    • Shanti Ekambaram
    • Uday Suresh Kotak
    • Chandra Shekhar Rajan
    • Amit Krishnakant Desai
    • Ashu Suyash
    • Uday Shankar
    • Ashok Gulati
    • Ketaki Sanat Bhagwati
    • Ashok Valiram Vaswani
    • Cornelis Petrus Adrianus Joseph Leenaars
    • Avan Kayomars Doomasia
    • Ashok Valiram Vaswani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kotak Mahindra Bank Limited is 27Bkc C 27 G Block Bandra Kurla Complex (E), India, Mumbai, Maharashtra, 400051.

  • The corporate identification number (CIN) of Kotak Mahindra Bank Limited is L65110MH1985PLC038137 and the company number is 038137 as per Ministry of Corporate Affairs (MCA).

  • Yes, Kotak Mahindra Bank Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): KOTAKBANK.

  • The Official website of Kotak Mahindra Bank Limited is https://www.kotak.com

  • As Per 2023 financial reports, 73299 employees are currently employed by Kotak Mahindra Bank Limited.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kotak Mahindra Bank Limited amount to ₹ 2,166.79 Cr.

  • The most recent Balance Sheet for Kotak Mahindra Bank Limited was filed with the ROC on 31 Mar 2024.

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