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Lic Mutual Fund Asset Management Limited - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1994.

1994 | Mumbai, Maharashtra, India | Active
Last Updated:

About Lic Mutual Fund Asset Management Limited

Lic Mutual Fund Asset Management Limited, a active public limited company, was established on 20 April 1994 in Mumbai, Maharashtra, India. Engaging in asset management firms within the financial and insurance service sector, it holds CIN: U67190MH1994PLC077858. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹25.00 Cr and a paid-up capital of ₹15.39 Cr.

Formerly known as Lic Nomura Mutual Fund Asset Management Company Limited., Lic Mutual Fund Asset Management Company Limited. It upholds a compliant status. Employing 244 professional, Its leadership includes Rima Dhawan (Director), Vijay Sharma (Director), Ravi Kumar Jha (Ceo). Past directors included Yugo Ishida, Vikas Sharma, Warendra Sinha. Its latest AGM occurred on 25 July 2025, with the balance sheet filed on 31 March 2025. It is based at Indl Assurance Bldg 4Th Flropp Churchgate Station, Mumbai, Maharashtra, 400020.

Company Details

  • CIN/LLPIN

    U67190MH1994PLC077858

  • Registration Number

    077858

  • Incorporation Date

    20 April 1994

  • Authorized Capital

    ₹25.00 Cr

  • Paid-Up Capital

    ₹15.39 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 15.39 Cr
  • Company Age 31 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth 8.38%
  • Profit Growth -49.71%
  • Ebitda 11.07%
  • Net Worth 0.10%
  • Total Assets 1.33%
Company report

Lic Mutual Fund Asset Management Limited

Company Report FY 2025-2026

Explore comprehensive insights into Lic Mutual Fund Asset Management Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Lic Mutual Fund Asset Management Limited?

Current Directors

NameDesignationAppointment DateStatus
Rima DhawanDirector20 Oct 2023Current
Vijay SharmaDirector01 Mar 2017Current
Ravi Kumar JhaCeo31 Jan 2024Current
Tribhuwan AdhikariNominee Director06 Sep 2023Current
Raghunandan Dattatray MalusteAdditional Director19 Feb 2020Current
Praveen GargDirector06 Apr 2023Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector20 Jun 2013Past
Pramod AbcsddAdditional Director05 Aug 2011Past
Pramod AbcsddNominee Director20 Sep 2016Past
Pramod AbcsddDirector18 Jan 2011Past
Pramod AbcsddDirector29 Aug 2016Past
Pramod AbcsddNominee Director16 Sep 2016Past

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Financial Performance of Lic Mutual Fund Asset Management.

Lic Mutual Fund Asset Management Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.38% increase. 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 0.1%.

Lic Mutual Fund Asset Management revenue growth over time
Lic Mutual Fund Asset Management 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
8.38%
Revenue from Operations
4.63%
Total Assets
1.33%
Profit or Loss
-49.71%
Net Worth
0.10%
EBITDA
11.07%

What is the Ownership and Shareholding Structure of Lic Mutual Fund Asset Management?

In 2023, Lic Mutual Fund Asset Management had a promoter holding of 84.30% and a public holding of 15.70%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Lic Mutual Fund Asset Management?

Lic Mutual Fund Asset Management has a workforce of 244 employees as of Apr 07, 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.

Employee growth trends for Lic Mutual Fund Asset Management Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lic Mutual Fund Asset Management, 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 Lic Mutual Fund Asset Management'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 Lic Mutual Fund Asset Management

Recent Activity within the Organization

  • Director Appointment

    Progress on Dinesh Pant was appointed as a Additional Director was appointed as a Additional Director on 25 Aug 2025 & has been associated with this company since 4 months 3 days . was documented.

  • Director Appointment

    Balram Prasad Bhagat was appointed as a Additional Director was appointed as a Additional Director on 30 Jul 2025 & has been associated with this company since 4 months 29 days . was recorded as a recent event.

  • Annual General Meeting

    Lic Mutual Fund Asset Management Limited last Annual general meeting of members was held on 25 Jul 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Lovnish Chunilal Manocha was appointed as a Cfo was appointed as a Cfo on 12 Jun 2025 & has been associated with this company since 6 months 16 days . was recorded as a recent event.

  • Balance Sheet

    The activity Lic Mutual Fund Asset Management Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.

  • Director Appointment

    Progress on Sachindra Dattaram Salvi was appointed as a Additional Director was appointed as a Additional Director on 14 Mar 2025 & has been associated with this company since 9 months 14 days . was documented.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Lic Mutual Fund Asset Management Limited?

    The CIN of Lic Mutual Fund Asset Management Limited is U67190MH1994PLC077858.

  • Where is Lic Mutual Fund Asset Management Limited headquartered?

    Lic Mutual Fund Asset Management Limited is headquartered at Indl Assurance Bldg 4Th Flropp Churchgate Station, Mumbai, Maharashtra, 400020.

  • When was Lic Mutual Fund Asset Management Limited incorporated?

    Lic Mutual Fund Asset Management Limited was incorporated on 20 April 1994.

  • Who are the current directors of Lic Mutual Fund Asset Management Limited?

    The current directors of Lic Mutual Fund Asset Management Limited are

  • What is the primary industry of Lic Mutual Fund Asset Management Limited?

    The primary industry of Lic Mutual Fund Asset Management Limited is Financial And Insurance Service.

  • Is Lic Mutual Fund Asset Management Limited a listed company?

    Lic Mutual Fund Asset Management Limited is unlisted.

  • What is the capital structure of Lic Mutual Fund Asset Management Limited?

    The authorized capital of Lic Mutual Fund Asset Management Limited is ₹25.00 Cr, and the paid-up capital is ₹15.39 Cr.

  • What is the compliance status of Lic Mutual Fund Asset Management Limited?

    The compliance status of Lic Mutual Fund Asset Management Limited is Compliant.

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