About Iti Management Advisors Limited
Data last updated:
Iti Management Advisors Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of The Investment Trust Of India Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 09 September 2014.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2014PLC257899. Its GSTIN is 27AAFCK6359L1ZY (Maharashtra).
The company had an authorised share capital of ₹271.8 Cr and a paid-up capital of ₹217.44 Cr. It was formerly known as Kohinoor Indiare Insurance Company Limited and Iti Reinsurance Limited. It was led by directors including Sudhir Vrundavandas Valia and Pankaj Rasiklal Bhuta.
Its last annual general meeting (AGM) was held on 23 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 20th Floor Unit No 2001 A Wing Naman Midtown Senapati Bapat Marg Elphinstone Road, Mumbai, Maharashtra, India – 400013.
The company was associated with 1 brand: ITI Re. The company has 7 deals on record (4 secondary share transfers, 1 rights issue, 1 debt financing), with disclosed funding of ₹100 Cr; the latest was in March 2019.
The last known website on record is itireinsurance.com.
Company details
Name history
Iti Management Advisors has undergone 4 name changes throughout its history. The current legal name is Iti Management Advisors Limited.
| Company Name | Status |
|---|---|
| Iti Management Advisors Limited | Current |
| Kohinoor Indiare Insurance Company Limited | Previous |
| Iti Reinsurance Limited | Previous |
| Kohinoor India Reinsurance Co Limited | Previous |
CIN history
Iti Management Advisors has one previous CIN (Corporate Identification Number): U74120MH2014PLC257899. The current CIN is U74110MH2014PLC257899, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2014PLC257899 | Current |
| U74120MH2014PLC257899 | Previous |
Contact details
Iti Management Advisors Limited's registered office is in Mumbai, Maharashtra.
- Registered Address20th Floor Unit No 2001 A Wing Naman Midtown Senapati Bapat Marg Elphinstone Road, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Diversified Financial 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
Brands
Iti Management Advisors operates one associated brand: ITI Re. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Reinsurance company | itireinsurance.com |
Financials of Iti Management Advisors Limited
FY 2019 filings availableFinancial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Iti Management Advisors Limited, buy the company report.
Board of directors and KMP of Iti Management Advisors Limited
Iti Management Advisors Limited currently reports 5 directors and 2 key managerial personnel. 11 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Vrundavandas Valia | Director | 31 Jan 2017 | 9 Years 9 Months | As last reported |
| Pankaj Rasiklal Bhuta Also directs: Jaypee Infratech Limited | Director | 16 May 2017 | 9 Years 5 Months | As last reported |
| Muthukumar Ganesan | Cfo | 25 Mar 2019 | 7 Years 7 Months | As last reported |
| Chintan Vijay Valia Also directs: Iti Jewel Charter Limited, Ventana Power Generation LLP, Iti Growth Opportunities LLP and 5 more | Director | 30 Mar 2016 | 10 Years 7 Months | As last reported |
| Usha Anil Kadam Also directs: Jaypee Infratech Limited, Suraksha Asset Reconstruction Limited, Fortune Management Advisors Limited and 1 more | Director | 03 May 2017 | 9 Years 6 Months | As last reported |
| Prateek Tayal | Manager | 25 Mar 2019 | 7 Years 7 Months | As last reported |
Deals & funding
Iti Management Advisors Limited has 7 deals on record (4 secondary share transfers, 1 rights issue, 1 debt financing), with disclosed funding of ₹100 Cr; the latest was in March 2019.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Seller: Suraksha Realty Limited , Lakshdeep Investments and Finance Private Limited |
| Mar 2017 | Debt financing | ₹100 Cr | Investors: Suraksha Realty Limited , an individual |
| Nov 2016 | Rights issue | ₹407.55 Cr | Investors: The Investment Trust Of India Limited, Lakshdeep Investments and Finance Private Limited , Suraksha Realty Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: The Investment Trust Of India Limited, Suraksha Realty Limited , Lakshdeep Investments and Finance Private Limited Seller: Kohinoor Planet Constructions Private Limited , 3 individuals |
| Apr 2015 | Acquisition | ₹5 Lakh | Buyer: Kohinoor Planet Constructions Private Limited |
To see the full deal history of Iti Management Advisors 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 Iti Management Advisors 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 Iti Management Advisors Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Iti Management Advisors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCK6359L1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Iti Management Advisors Limited, buy the company report.
Recent activity
Iti Management Advisors Limited has 18 board changes on record since 2016: 7 appointments and 11 cessations. The latest: Haroon Noormohamed Mansuri was appointed as Company Secretary on 25 Mar 2019.
9 earlier events are in the company report.
News
Frequently asked questions
Iti Management Advisors has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Iti Management Advisors was a public limited company based in Mumbai, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 09 September 2014 and is registered under CIN U74110MH2014PLC257899. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Iti Management Advisors was incorporated on 09 September 2014. It is registered with the Registrar of Companies, Mumbai.
Iti Management Advisors had 7 directors and KMP:
- Sudhir Vrundavandas Valia - Director
- Pankaj Rasiklal Bhuta - Director
- Chintan Vijay Valia - Director
- Usha Anil Kadam - Director
- Muthukumar Ganesan - Cfo
- Prateek Tayal - Manager
- Haroon Noormohamed Mansuri - Company Secretary
The CIN (Corporate Identification Number) of Iti Management Advisors is U74110MH2014PLC257899. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Iti Management Advisors is at 20th Floor Unit No 2001 A Wing Naman Midtown Senapati Bapat Marg Elphinstone Road, Mumbai, Maharashtra, India – 400013.
Iti Management Advisors can be reached through the website itireinsurance.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Iti Management Advisors on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 23 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Iti Management Advisors is 27AAFCK6359L1ZY, registered in Maharashtra.
Iti Management Advisors operated in the financial services industry, in the diversified financial services segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
