About Bandhan Mutual Fund Trustee Limited
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Bandhan Mutual Fund Trustee Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Bandhan Financial Holdings Limited. It operates in the fund segment of the financial services sector. It was incorporated on 20 December 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U69990MH1999PLC123190. Its GSTIN is 27AACCA3261E1Z3 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Anz Grindlays Trustee Company Private Limited and Idfc Amc Trustee Company Private Limited. It is led by directors including Asit Pal and Narasinganallore Venkatesh Srinivasan.
Its last annual general meeting (AGM) was held on 25 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 6th Floor Tower 1C 841 One World Center Jupiter Mill Senapati Bapat Marg, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2026, the company reported a revenue of ₹1.61 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹54.1 Lakh (net margin 33.5%) and EBITDA of ₹72.6 Lakh (EBITDA margin 45%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 40% over five years.
The company has 6 deals on record (5 secondary share transfers, 1 acquisition); the latest was in March 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website idfc.com.
Company details
Name history
Bandhan Mutual Fund Trustee has undergone 4 name changes throughout its history. The current legal name is Bandhan Mutual Fund Trustee Limited.
| Company Name | Status |
|---|---|
| Bandhan Mutual Fund Trustee Limited | Current |
| Anz Grindlays Trustee Company Private Limited | Previous |
| Idfc Amc Trustee Company Private Limited | Previous |
| Idfc Amc Trustee Company Limited | Previous |
| Standard Chartered Trustee Company Private Limited | Previous |
CIN history
Bandhan Mutual Fund Trustee has one previous CIN (Corporate Identification Number): U69990MH1999PTC123190. The current CIN is U69990MH1999PLC123190, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U69990MH1999PLC123190 | Current |
| U69990MH1999PTC123190 | Previous |
Contact details
Bandhan Mutual Fund Trustee Limited's registered office is in Mumbai, Maharashtra. Its website is idfc.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address6th Floor Tower 1C 841 One World Center Jupiter Mill Senapati Bapat Marg, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Fund, Other Financial Holding, Trust
To see the full contact details of Bandhan Mutual Fund Trustee Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Bandhan Mutual Fund Trustee is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Bandhan Mutual Fund Trustee Limited, buy the company report.
Financials of Bandhan Mutual Fund Trustee Limited
FY 2026 filings availableBandhan Mutual Fund Trustee Limited reported revenue of ₹1.61 Cr (up 25% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 25% growth in the latest year. EBITDA rose 32% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.61 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹72.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹54.1 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 45% | ||||
| Net Profit Margin | 33.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Bandhan Mutual Fund Trustee Limited, buy the company report.
Board of directors of Bandhan Mutual Fund Trustee Limited
Bandhan Mutual Fund Trustee has 4 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvind Agrawal | Nominee Director | 31 Jan 2023 | 3 Years 9 Months | Current |
| Asit Pal | Director | 31 Jan 2023 | 3 Years 9 Months | Current |
| Narasinganallore Venkatesh Srinivasan Also directs: Au Small Finance Bank Limited, One 97 Communications Limited, Rinac India Limited and 5 more | Director | 01 Jan 2025 | 1 Years 10 Months | Current |
| Pradip Kumar Saha Also directs: Sarala Development & Microfinance Private Limited | Director | 31 Jan 2023 | 3 Years 9 Months | Current |
Auditor
Bandhan Mutual Fund Trustee Limited is audited by Price Waterhouse & Co Chartered Accountants LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse & Co Chartered Accountants LLP | FY 2026 | 304026E/E-300009 |
Shareholding
The shareholding of Bandhan Mutual Fund Trustee Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bandhan Mutual Fund Trustee Limited, buy the company report.
Deals & funding
Bandhan Mutual Fund Trustee Limited has 6 deals on record (5 secondary share transfers, 1 acquisition); the latest was in March 2023.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Secondary share transfer | Undisclosed | Buyer: Bandhan Financial Holdings Limited , GIC Singapore, Tangerine Investments Limited Seller: Idfc Financial Holding Company Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Idfc Financial Holding Company Limited Seller: Natixis Global Asset Management Asia Pte Ltd |
| Jul 2015 | Acquisition | Undisclosed | Buyer: Idfc Financial Holding Company Limited Seller: Idfc Limited |
| Dec 2011 | Secondary share transfer | Undisclosed | Buyer: Natixis Global Asset Management Asia Pte Ltd Seller: Idfc Limited |
| May 2008 | Secondary share transfer | Undisclosed | Buyer: Idfc Limited Seller: Standard Chartered Bank |
To see the full deal history of Bandhan Mutual Fund Trustee Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Bandhan Mutual Fund Trustee Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bandhan Mutual Fund Trustee Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bandhan Mutual Fund Trustee has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCA3261E1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bandhan Mutual Fund Trustee Limited, buy the company report.
Recent activity
Bandhan Mutual Fund Trustee Limited has 29 board changes on record since 2007: 4 appointments and 25 cessations. The latest: Narasinganallore Venkatesh Srinivasan ceased to be Additional Director on 24 Jul 2025.
20 earlier events are in the company report.
News
Frequently asked questions
Bandhan Mutual Fund Trustee is an active public limited company based in Mumbai, Maharashtra, India. The company works in fund, within the financial services industry. It was incorporated on 20 December 1999 (27+ years old) and is registered under CIN U69990MH1999PLC123190.
Bandhan Mutual Fund Trustee has 4 current directors:
- Arvind Agrawal - Nominee Director
- Asit Pal - Director
- Narasinganallore Venkatesh Srinivasan - Director
- Pradip Kumar Saha - Director
The latest financial statements of Bandhan Mutual Fund Trustee on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bandhan Mutual Fund Trustee is 27AACCA3261E1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bandhan Mutual Fund Trustee is U69990MH1999PLC123190. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bandhan Mutual Fund Trustee was incorporated on 20 December 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Bandhan Mutual Fund Trustee has 6 deals on record (5 secondary share transfers, 1 acquisition); the latest was in March 2023.
Narasinganallore Venkatesh Srinivasan ceased to be Additional Director on 24 Jul 2025. Narasinganallore Venkatesh Srinivasan was appointed as Director on 01 Jan 2025. Asit Pal ceased to be Additional Director on 02 Mar 2023. Bandhan Mutual Fund Trustee has 29 board changes on record in total.
Bandhan Mutual Fund Trustee can be reached through the website idfc.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Bandhan Mutual Fund Trustee is at 6th Floor Tower 1C 841 One World Center Jupiter Mill Senapati Bapat Marg, Mumbai, Maharashtra, India – 400013.
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