About 3I India Private Limited
Data last updated:
3I India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of 3I Holding Plc. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 25 July 2005.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65993MH2005PTC155032. Its GSTIN is 27AAACZ2386D1ZA (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.97 Cr. It is led by directors including Pranav Jayantilal Damania (Irp/Rp/Liquidator) and Ritika Bhalla.
Its last annual general meeting (AGM) was held on 25 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹20.23 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹2.98 Cr (net margin 14.7%) and EBITDA of ₹4 Cr (EBITDA margin 19.8%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 15% over five years.
Court records list 2 cases involving the company, including 2 filed against it.
The last known website on record is 3i.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOffice – 701 The Capital G – Block Bandra Kurla Complex Behind Icici Bank Plot – C70 B, Andra East, Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, Investment Banking & Advisory
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of 3I India is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of 3I India Private Limited
FY 2023 filings available3I India Private Limited reported revenue of ₹20.23 Cr (down 4% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 4% fall in the latest year. EBITDA rose 5% 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 2022-23 | FY 2018-19 to FY 2021-22in the company report |
|---|---|---|
| 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 | ₹4 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹2.98 Cr | |
| 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 2022-23 | FY 2018-19 to FY 2021-22in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 19.8% | |
| Net Profit Margin | 14.7% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2018-19 to FY 2021-22, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of 3I India are in the company report.
: available in the company report
Board of Directors of 3I India Private Limited
3I India has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pranav Jayantilal Damania Also directs: Veeam Software Private Limited | Irp/Rp/Liquidator | 16 May 2024 | 2 Years 5 Months | As last reported |
| Ritika Bhalla Also directs: Harvard Global Services India LLP, Mepi Private Limited, National Standard (India) Limited and 2 more | Additional Director | 30 Jul 2024 | 2 Years 2 Months | As last reported |
| Sameer Kanchan Also directs: Harvard Global Services India LLP, Phynova India Private Limited, Microdigital Solutions India Private Limited and 5 more | Additional Director | 30 Jul 2024 | 2 Years 2 Months | As last reported |
Auditor Details
3I India Private Limited is audited by B S R & Co. LLP for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & Co. LLP | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
3I India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases
3I India Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-8 | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR Commissioner of Income-Tax-8 | Disposed |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to 3I India.
: available in the company report
Recent Activity
3I India Private Limited has 13 board changes on record since 2010: 3 appointments and 10 cessations. The latest: Prajakta Madhukar Shirude ceased to be Director on 02 Aug 2024.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
3I India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACZ2386D1ZA | Maharashtra | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Frequently Asked Questions
3I India is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
3I India is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in investment banking and advisory, within the financial services industry. It was incorporated on 25 July 2005 and is registered under CIN U65993MH2005PTC155032. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
3I India has 3 current directors:
- Ritika Bhalla - Additional Director
- Sameer Kanchan - Additional Director
- Pranav Jayantilal Damania - Irp/Rp/Liquidator
The latest financial statements of 3I India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 25 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of 3I India is U65993MH2005PTC155032. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
3I India has 2 court cases on record: 2 filed against it.
3I India was incorporated on 25 July 2005. It is registered with the Registrar of Companies, Mumbai.
Prajakta Madhukar Shirude ceased to be Director on 02 Aug 2024. Ritika Bhalla was appointed as Additional Director on 30 Jul 2024. Sameer Kanchan was appointed as Additional Director on 30 Jul 2024. 3I India has 13 board changes on record in total.
3I India can be reached through the website 3i.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of 3I India is at Office – 701 The Capital G – Block Bandra Kurla Complex Behind Icici Bank Plot – C70 B, Andra East, Mumbai, Maharashtra, India – 400051.