
Master Portfolio Services Limited
About Master Portfolio Services Limited
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Master Portfolio Services Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Master Capital Services Limited. It operates in the portfolio management services segment of the financial services sector. It was incorporated on 21 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67120GJ1994PLC124853. Its GSTIN is 04AABCM1075F1ZY (Chandigarh). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹81 Lakh. It was formerly known as Master Portfolio Services and Finlease Limited. It is led by directors including Gurmeet Singh Chawla (Managing Director) and Maninder Singh.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 704 7th Floor Sears Tower Opp. Just Dial Tower Panchvati To Gulbai Tekra Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.56 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹2.41 Cr (net margin 11.7%) and EBITDA of ₹6.96 Cr (EBITDA margin 33.9%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 39% over five years.
The company is associated with 1 brand: Master Trust.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Master Portfolio Services has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U67120GJ1994PLC124853, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120GJ1994PLC124853 | Current |
| U67120PB1994PLC015331 | Previous |
| L67120PB1994PLC015331 | Previous |
Contact details
Master Portfolio Services Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address704 7th Floor Sears Tower Opp. Just Dial Tower Panchvati To Gulbai Tekra Road, Ahmedabad, Gujarat, India – 380009
- IndustryFinancial Services, Portfolio Management Services
To see the full contact details of Master Portfolio Services 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
Master Portfolio Services operates one associated brand: Master Trust. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diversified investment management services are offered to various clients. | mastertrust.co.in |
Business activity
The main business activity of Master Portfolio Services is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Master Portfolio Services Limited, buy the company report.
Financials of Master Portfolio Services Limited
FY 2025 filings availableMaster Portfolio Services Limited reported revenue of ₹20.56 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 39%. EBITDA fell 16% 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 | ₹6.96 Cr | ||||
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| Net Profit (PAT) | ₹2.41 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 | 33.9% | ||||
| Net Profit Margin | 11.7% | ||||
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To see the full financial statements and ratios of Master Portfolio Services Limited, buy the company report.
Board of directors of Master Portfolio Services Limited
Master Portfolio Services has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maninder Singh Also directs: Phda Financial Services Private Limited | Director | 13 Sep 2016 | 10 Years 1 Months | Current |
| Gurmeet Singh Chawla Also directs: Master Trust Limited, Master Insurance Brokers Limited, Master Commodity Services Limited and 3 more | Managing Director | 01 Aug 2005 | 21 Years 3 Months | Current |
| Jashanjyot Singh Arora | Director | 20 Apr 2022 | 4 Years 6 Months | Current |
| Harjeet Singh Arora Also directs: Master Trust Limited, Master Insurance Brokers Limited, Master Projects Private Ltd and 5 more | Director | 28 Jul 2005 | 21 Years 3 Months | Current |
| Rajinder Kumar Singhania Also directs: Master Trust Limited, Master Insurance Brokers Limited, Master Projects Private Ltd and 5 more | Director | 28 Jul 2005 | 21 Years 3 Months | Current |
| Puneet Singhania | Director | 20 Apr 2022 | 4 Years 6 Months | Current |
Peer comparison
Master Portfolio Services Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| SKS Capital & Research Private Limited | ₹20.8 Cr (FY 2025) | -6.0% | Kolkata, West Bengal, India | |||
| Master Portfolio Services Limitedthis company | ₹20.56 Cr (FY 2025) | ₹2.41 Cr | 11.7% | -1.0% | Ahmedabad, Gujarat, India | |
| Mehta Prime Wealth Limited | ₹19.77 Cr (FY 2024) | 3147.0% | Surat, Gujarat, India | |||
| Counter Cyclical Investments Private Limited | ₹19.75 Cr (FY 2025) | -1.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Master Portfolio Services Limited, buy the company report.
Auditor
Master Portfolio Services Limited is audited by Manjeet Singh & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Manjeet Singh & Co. | FY 2023 | 011831N |
Shareholding
The shareholding of Master Portfolio Services 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 Master Portfolio Services Limited, buy the company report.
Legal cases
No court or tribunal cases involving Master Portfolio Services 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 Master Portfolio Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Master Portfolio Services has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AABCM1075F1ZY | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Master Portfolio Services Limited, buy the company report.
Recent activity
Master Portfolio Services Limited has 10 board changes on record since 2005: 6 appointments and 4 cessations. The latest: Jashanjyot Singh Arora ceased to be Additional Director on 26 Sep 2022.
1 earlier event is in the company report.
Frequently asked questions
Master Portfolio Services is an active public limited company based in Ahmedabad, Gujarat, India. The company works in portfolio management services, within the financial services industry. It was incorporated on 21 November 1994 (32+ years old) and is registered under CIN U67120GJ1994PLC124853.
Master Portfolio Services has 6 current directors:
- Gurmeet Singh Chawla - Managing Director
- Maninder Singh - Director
- Jashanjyot Singh Arora - Director
- Harjeet Singh Arora - Director
- Rajinder Kumar Singhania - Director
- Puneet Singhania - Director
The latest financial statements of Master Portfolio Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Master Portfolio Services is 04AABCM1075F1ZY, registered in Chandigarh. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Master Portfolio Services is U67120GJ1994PLC124853. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Master Portfolio Services was incorporated on 21 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Master Portfolio Services by revenue are SKS Capital & Research Private Limited, Mehta Prime Wealth Limited, Counter Cyclical Investments Private Limited, all in the BFSI industry (Portfolio Managers), with the same principal business activity (financial advisory, brokerage and consultancy services).
Jashanjyot Singh Arora ceased to be Additional Director on 26 Sep 2022. Puneet Singhania ceased to be Additional Director on 26 Sep 2022. Jashanjyot Singh Arora was appointed as Director on 20 Apr 2022. Master Portfolio Services has 10 board changes on record in total.
The registered office of Master Portfolio Services is at 704 7th Floor Sears Tower Opp. Just Dial Tower Panchvati To Gulbai Tekra Road, Ahmedabad, Gujarat, India – 380009.
Master Portfolio Services operates in the financial services industry, in the portfolio management services segment.
The compliance status of Master Portfolio Services is compliant as of 12 August 2026. The company is actively filing with the Registrar of Companies.

