- #1,009 Arunkumar Poddar & family ₹2,700 Cr

About Choice Amc Private Limited
Data last updated:
Choice Amc Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Choice International Limited. It operates in the portfolio management services segment of the financial services sector. It was incorporated on 26 December 2007 and has been in existence for over 19 years.
Its director Arunkumar Poddar and family are #1,009 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U66190MH2007PTC177075. Its GSTIN is 27AADCR8963P1ZF (Maharashtra).
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹66.11 Cr. It was formerly known as Choice Investment Managers Private Limited and Choice Insurance Brokers Private Limited. It is led by directors including Raj Kumar and Nagendraa Parakh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sunil Patodia Tower Plot No. 156 – 158 J.B. Nagar Andheri (East), Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2025, the company reported a revenue of ₹61.83 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹24.96 Lakh (net margin -40.4%) and EBITDA of -₹19.79 Lakh (EBITDA margin -32%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 7% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website choiceindia.com.
Company details
Name history
Choice Amc has undergone 9 name changes throughout its history. The current legal name is Choice Amc Private Limited.
| Company Name | Status |
|---|---|
| Choice Amc Private Limited | Current |
| Choice Investment Managers Private Limited | Previous |
| Choice Insurance Brokers Private Limited | Previous |
| Choice Portfolio Management Services Private Limited | Previous |
| Choice Investment Management Private Limited | Previous |
| Choice Investment Services Private Limited | Previous |
| Choice Tradesec Private Limited | Previous |
| Choice Stock Trade Private Limited | Previous |
| Ryder Consultancy Private Limited | Previous |
| Choice Stock Deal Private Limited | Previous |
CIN history
Choice Amc has one previous CIN (Corporate Identification Number): U74140MH2007PTC177075. The current CIN is U66190MH2007PTC177075, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66190MH2007PTC177075 | Current |
| U74140MH2007PTC177075 | Previous |
Recognitions & Rankings of Choice Amc
Contact details
Choice Amc Private Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Apps
- Registered AddressSunil Patodia Tower Plot No. 156 – 158 J.B. Nagar Andheri (East), Mumbai, Maharashtra, India – 400099
- IndustryFinancial Services, Portfolio Management Services
- 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
Financials of Choice Amc Private Limited
FY 2025 filings availableChoice Amc Private Limited reported revenue of ₹61.83 Lakh (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 3% growth in the latest year. EBITDA fell 170% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹19.79 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹24.96 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -32% | ||||
| Net Profit Margin | -40.4% | ||||
| 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 Choice Amc Private Limited, buy the company report.
Board of directors and KMP of Choice Amc Private Limited
Choice Amc Private Limited currently reports 5 directors and 1 key managerial person. 11 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raj Kumar Also directs: Choice International Limited | Director | 19 Apr 2025 | 1 Years 6 Months | Current |
| Nagendraa Parakh Also directs: MMK Toll Road Private Limited | Director | 19 Apr 2025 | 1 Years 6 Months | Current |
| Yogesh Yashpaul Chadha | Director | 19 Apr 2025 | 1 Years 6 Months | Current |
| Arun Kumar Poddar Also directs: Choice Strategic Advisors LLP, Choice International Limited, Choice Consultancy Services Private Limited and 5 more | Director | 13 Oct 2023 | 3 Years 0 Months | Current |
| Ajay Rajendra Kejriwal Also directs: Choice International Limited, Choice Wealth Private Limited, Arete Capital Service Private Limited and 5 more | Ceo | 30 Jun 2025 | 1 Years 3 Months | Current |
| Krishna Rameshchandra Majithia | Director | 19 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Choice Amc Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Portfolio Managers), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| O3 Alternatives Private Limited | ₹67.49 Lakh (FY 2023) | -58.0% | Bengaluru, Karnataka, India | |||
| Kyng Capital Management Private Limited | ₹65.42 Lakh (FY 2025) | 163.0% | Chennai, Tamil Nadu, India | |||
| Goldmine Ifsc Private Limited | ₹65.24 Lakh (FY 2025) | 3987.0% | Gift, Gujarat, India | |||
| S9 Fintech Private Limited | ₹63.86 Lakh (FY 2025) | -12.0% | Thane, Maharashtra, India | |||
| Choice Amc Private Limitedthis company | ₹61.83 Lakh (FY 2025) | -₹24.96 Lakh | -40.4% | 3.0% | Mumbai, Maharashtra, India | |
| Inspo Impact Consulting Private Limited | ₹56.33 Lakh (FY 2024) | 37.0% | Ahmedabad, Gujarat, India | |||
| Narnolia Velox Advisory Limited | ₹56.22 Lakh (FY 2025) | 60.0% | Kolkata, West Bengal, India | |||
| Right Horizons Investment Advisory Services Private Limited | ₹56.2 Lakh (FY 2024) | 53.0% | Bangalore, Karnataka, India | |||
| Moat Financial Services Private Limited | ₹56.02 Lakh (FY 2022) | 127.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Choice Amc Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Choice Amc Private 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 Choice Amc Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Choice Amc has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCR8963P1ZF | Maharashtra | Active | 02 Apr 2021 |
To see the full GST registrations and return filing status of Choice Amc Private Limited, buy the company report.
Recent activity
Choice Amc Private Limited has 17 board changes on record since 2008: 6 appointments and 11 cessations. The latest: Krishna Rameshchandra Majithia ceased to be Additional Director on 29 Sep 2025.
8 earlier events are in the company report.
News
Frequently asked questions
Choice Amc is an active private limited company based in Mumbai, Maharashtra, India. The company works in portfolio management services, within the financial services industry. It was incorporated on 26 December 2007 (19+ years old) and is registered under CIN U66190MH2007PTC177075.
Choice Amc has 6 current directors and KMP:
- Raj Kumar - Director
- Nagendraa Parakh - Director
- Yogesh Yashpaul Chadha - Director
- Arun Kumar Poddar - Director
- Krishna Rameshchandra Majithia - Director
- Ajay Rajendra Kejriwal - Ceo
The latest financial statements of Choice Amc on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Choice Amc is 27AADCR8963P1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Choice Amc is U66190MH2007PTC177075. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Choice Amc was incorporated on 26 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Choice Amc by revenue are O3 Alternatives Private Limited, Kyng Capital Management Private Limited, Goldmine Ifsc Private Limited, S9 Fintech Private Limited, Inspo Impact Consulting Private Limited and 3 more, all in the BFSI industry (Portfolio Managers), with the same principal business activity (financial advisory, brokerage and consultancy services).
Krishna Rameshchandra Majithia ceased to be Additional Director on 29 Sep 2025. Nagendraa Parakh ceased to be Additional Director on 29 Sep 2025. Raj Kumar ceased to be Additional Director on 29 Sep 2025. Choice Amc has 17 board changes on record in total.
Choice Amc can be reached through the website choiceindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Choice Amc is at Sunil Patodia Tower Plot No. 156 – 158 J.B. Nagar Andheri East, Mumbai, Maharashtra, India – 400099.
Choice Amc operates in the financial services industry, in the portfolio management services segment.