About Pipal Capital Management Private Limited
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Pipal Capital Management Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 24 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67110MH2009PTC191205. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Harigovind Bajranglal Murarka and Shardadevi Murarka.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.02 Cr, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹2.44 Cr (net margin -239%) and EBITDA of -₹2.06 Cr (EBITDA margin -202.4%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 46% over five years.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pipalcapital.in.
Company details
Contact details
Pipal Capital Management Private Limited's registered office is in Mumbai, Maharashtra. Its website is pipalcapital.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 102 1st Floor Mittal Commercial Andheri Kurla Road Marol Andheri (East, ), Mumbai, Maharashtra, India – 400059
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Pipal Capital Management 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
Business activity
The main business activity of Pipal Capital Management 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 Pipal Capital Management Private Limited, buy the company report.
Financials of Pipal Capital Management Private Limited
FY 2024 filings availablePipal Capital Management Private Limited reported revenue of ₹1.02 Cr (down 90% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 90% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 46%. EBITDA fell 122% 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 | -₹2.06 Cr | ||||
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| Net Profit (PAT) | -₹2.44 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 | -202.4% | ||||
| Net Profit Margin | -239% | ||||
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To see the full financial statements and ratios of Pipal Capital Management Private Limited, buy the company report.
Board of directors of Pipal Capital Management Private Limited
Pipal Capital Management has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harigovind Bajranglal Murarka | Director | 24 Mar 2009 | 17 Years 7 Months | Current |
| Shardadevi Murarka | Director | 01 Dec 2014 | 11 Years 11 Months | Current |
Auditor
Pipal Capital Management Private Limited is audited by Bharat B. Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bharat B. Shah & Co. | FY 2023 | 101201W |
Shareholding
The shareholding of Pipal Capital Management 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 Pipal Capital Management Private Limited, buy the company report.
Legal cases
Pipal Capital Management Private Limited has 3 court cases on record: 2 filed by Pipal Capital Management, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 2 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Company appeal | Filed by the company against National Spot Exchange Limited. | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against National Spot Exchange Limited. | Disposed |
| High Court | Company petition | Filed against the company by Re: Aanchal Collections Limited -and- | Disposed |
To see the full case history of Pipal Capital Management Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pipal Capital Management Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pipal Capital Management has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Pipal Capital Management Private Limited, buy the company report.
Recent activity
Pipal Capital Management Private Limited has 10 board changes on record since 2009: 6 appointments and 4 cessations. The latest: Vivek Choudhary ceased to be Director on 19 Sep 2016.
1 earlier event is in the company report.
Frequently asked questions
Pipal Capital Management is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 24 March 2009 (17+ years old) and is registered under CIN U67110MH2009PTC191205.
Pipal Capital Management has 2 current directors:
- Harigovind Bajranglal Murarka - Director
- Shardadevi Murarka - Director
The latest financial statements of Pipal Capital Management on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Pipal Capital Management has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Pipal Capital Management is U67110MH2009PTC191205. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pipal Capital Management has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the nclat.
Pipal Capital Management was incorporated on 24 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Vivek Choudhary ceased to be Director on 19 Sep 2016. Vivek Choudhary was appointed as Director on 30 May 2016. Banwari Poddar Madanlal ceased to be Director on 01 Dec 2014. Pipal Capital Management has 10 board changes on record in total.
Pipal Capital Management can be reached through the website pipalcapital.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Pipal Capital Management is at Office No. 102 1st Floor Mittal Commercial Andheri Kurla Road Marol Andheri East, , Mumbai, Maharashtra, India – 400059.
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