
About Institutional Shareholder Services India Private Limited
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Institutional Shareholder Services India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Institutional Shareholders Services Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 28 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2013FTC250522. Its GSTIN is 27AADCI4140F1ZW (Maharashtra).
The company has an authorised share capital of ₹3.25 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Marija Cavich Kramer and Dipesh Bakulesh Mehta.
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 8th Floor Central B Wing Nesco IT Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹247.91 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹34.94 Cr (net margin 14.1%) and EBITDA of ₹59.91 Cr (EBITDA margin 24.2%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 43% over five years.
The company has about 787 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Institutional Shareholder Services.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website issgovernance.com.
Company details
Contact details
Institutional Shareholder Services India Private Limited's registered office is in Mumbai, Maharashtra. Its website is issgovernance.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address7th & 8th Floor Central B Wing Nesco IT Park – Tower 04 Western Express Highway Goreg, Aon East, Mumbai, Maharashtra, India – 400063
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
To see the full contact details of Institutional Shareholder Services India Private 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
Brands
Institutional Shareholder Services India operates one associated brand: Institutional Shareholder Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Corporate governance and ESG solutions are provided to investors. | issgovernance.com |
Business activity
The main business activity of Institutional Shareholder Services India is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Institutional Shareholder Services India Private Limited, buy the company report.
Financials of Institutional Shareholder Services India Private Limited
FY 2025 filings availableInstitutional Shareholder Services India Private Limited reported revenue of ₹247.91 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 18% growth in the latest year. EBITDA rose 13% 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 |
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| EBITDA | ₹59.91 Cr | ||||
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| Net Profit (PAT) | ₹34.94 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 24.2% | ||||
| Net Profit Margin | 14.1% | ||||
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To see the full financial statements and ratios of Institutional Shareholder Services India Private Limited, buy the company report.
Board of directors of Institutional Shareholder Services India Private Limited
Institutional Shareholder Services India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Marija Cavich Kramer | Director | 28 Nov 2013 | 12 Years 11 Months | Current |
| Dipesh Bakulesh Mehta | Nominee Director | 30 Apr 2014 | 12 Years 6 Months | Current |
Peer comparison
Institutional Shareholder Services India Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Thoughtspot India Private Limited | ₹261.66 Cr (FY 2025) | 22.0% | Begur Hobli Bangalore, Karnataka, India | |||
| Vakrangee Limited | ₹259.03 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Insight Direct India Private Limited | ₹252.21 Cr (FY 2025) | 282.0% | Gurgaon, Haryana, India | |||
| Morgan Stanley Solutions India Private Limited | ₹249.69 Cr (FY 2017) | 25.0% | Mumbai, Maharashtra, India | |||
| Qentelli Solutions Private Limited | ₹248.6 Cr (FY 2025) | -3.0% | Hyderabad, Telangana, India | |||
| Institutional Shareholder Services India Private Limitedthis company | ₹247.91 Cr (FY 2025) | ₹34.94 Cr | 14.1% | 18.0% | 787 | Mumbai, Maharashtra, India |
| Web Werks India Private Limited | ₹237.05 Cr (FY 2025) | 43.0% | Navi Mumbai, Maharashtra, India | |||
| Exela Technologies India Private Limited | ₹232.48 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Hostin Services Private Limited | ₹230.3 Cr (FY 2025) | 70.0% | Pune, Maharashtra, India |
To see the full peer comparison of Institutional Shareholder Services India Private Limited, buy the company report.
Auditor
Institutional Shareholder Services India Private Limited is audited by Haribhakti & Co. LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Haribhakti & Co. LLP | FY 2022 | 103523W / W100048 |
Shareholding
The shareholding of Institutional Shareholder Services India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Institutional Shareholder Services India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Institutional Shareholder Services India 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 Institutional Shareholder Services India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Institutional Shareholder Services India Private Limited has a workforce of 787 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Institutional Shareholder Services India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCI4140F1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Institutional Shareholder Services India Private Limited, buy the company report.
Recent activity
Institutional Shareholder Services India Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Stephen Harvey ceased to be Director on 31 Dec 2019.
News
Frequently asked questions
Institutional Shareholder Services India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 28 November 2013 (13+ years old) and is registered under CIN U74999MH2013FTC250522.
Institutional Shareholder Services India has 2 current directors:
- Marija Cavich Kramer - Director
- Dipesh Bakulesh Mehta - Nominee Director
The latest financial statements of Institutional Shareholder Services India 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 Institutional Shareholder Services India is 27AADCI4140F1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Institutional Shareholder Services India is U74999MH2013FTC250522. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Institutional Shareholder Services India was incorporated on 28 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Institutional Shareholder Services India by revenue are Thoughtspot India Private Limited, Vakrangee Limited, Insight Direct India Private Limited, Morgan Stanley Solutions India Private Limited, Qentelli Solutions Private Limited and 3 more, all in the same principal business activity (data processing, hosting and related activities; web portal).
Stephen Harvey ceased to be Director on 31 Dec 2019. Anand Rajendra Gupta ceased to be Director on 30 Apr 2014. Dipesh Bakulesh Mehta was appointed as Nominee Director on 30 Apr 2014. Institutional Shareholder Services India has 4 board changes on record in total.
Institutional Shareholder Services India can be reached through the website issgovernance.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Institutional Shareholder Services India is at 7th & 8th Floor Central B Wing Nesco IT Park – Tower 04 Western Express Highway Goreg, Aon East, Mumbai, Maharashtra, India – 400063.
Institutional Shareholder Services India operates in the information technology industry, in the application development and software solutions segment.

