About Indo Thai
Indo Thai is a company based in Indore (India) founded in 1995. The company has 97 employees. Indo Thai offers products and services including Equity and Derivative Trading and Mutual Funds.
- Headquarter Indore, India
- Employees 97
- Stage Public
- SectorsFinancial Services
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website indothai.co.in
- Social LinkedIn X Facebook
- Legal Name Indo Thai Securities Limited
- Annual Revenue₹85.3 Lakh
FY 2025 · -6% YoY
- Net Profit₹7.89 Cr
FY 2025 · 925% margin
- EBITDA₹12.14 Cr
FY 2025 · 1424% margin
- Latest Funding Round$14M (USD), Post-IPO
Jan 2025
- Employee Count97
Associated legal entities of Indo Thai
Indo Thai is associated with 2 registered companies on The Company Check; the primary company is Indo Thai Securities Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Indo Thai Securities Limited Listed CIN L66120MP1995PLC008959 | Active | 19 Jan 1995 | Indore, Madhya Pradesh | ₹0.9 Cr | 24 | 9 | View details |
| Indo Thai Securities Limited CIN L67120MP1995PLC008959 | – | 19 Jan 1995 | Indore, Madhya Pradesh, India | – | – | – | View details |
Products & Services of Indo Thai
Indo Thai offers a comprehensive portfolio of products and services, including Equity and Derivative Trading and Mutual Funds.
Live market rates and demat management are offered to support trading activities.
Guidance on mutual fund schemes is provided to assist in investment management.
Apps and channels of Indo Thai
Indo Thai publishes 2 mobile apps.
Funding Insights of Indo Thai
- Total Rounds 1
- Last Round Post-IPO β $14M
- First Round $14M
(Jan 2025)
All 1 funding rounds of Indo Thai with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2025 | $14M | Post-IPO | β | β | β |
Board of directors of Indo Thai Securities Limited (Indo Thai)
Indo Thai Securities Limited is the primary company behind Indo Thai. The board of Indo Thai Securities Limited currently have 8 directors; the longest-serving is Rajendra Bandi, appointed in 1995. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajendra Bandi DIN 00051441 | Whole-time director | 19 Jan 1995 | 31 yrs 8 mo | Indo Thai Securities Limited |
| Dhanpal Doshi DIN 00700492 | Managing Director | 19 Jan 1995 | 31 yrs 8 mo | Indo Thai Securities Limited |
| Parasmal Doshi DIN 00051460 | Whole-time director | 01 Oct 2010 | 16 yrs | Indo Thai Securities Limited |
| Sarthak Doshi DIN 07713726 | CEO | 03 Feb 2024 | 2 yrs 8 mo | Indo Thai Securities Limited |
| Amber Chaurasia DIN 07729278 | Director | 06 Sep 2024 | 2 yrs 1 mo | Indo Thai Securities Limited |
| Dharmendra Jain DIN 01221034 | Director | 06 Sep 2024 | 2 yrs 1 mo | Indo Thai Securities Limited |
| Sweta Sharma Pastaria DIN 10753647 | Director | 06 Sep 2024 | 2 yrs 1 mo | Indo Thai Securities Limited |
| Nishit Doshi DIN 10321303 | CFO | 14 Jan 2026 | 8 mo | Indo Thai Securities Limited |
People of Indo Thai
1 people are tracked at Indo Thai (1 in leadership); the tracked headcount is 97.
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership |
Complete people profiles for Indo Thai
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Indo Thai
Indo Thai is a publicly listed company on the NSE with ticker symbol INDOTHAI in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date02 Nov 2011
- Listed onBSE: 533676 · NSE: INDOTHAI
- Listed entityIndo Thai Securities Limited
- Exchange sectorFinance
- ISININE337M01021
- Share price₹36.75 (-4.99% on the day) · 2026-10-09
- Market capitalisation₹502 Cr
- Price to earnings6.8
- EPS (diluted, trailing year)₹5.39
- Dividend yield0.52%
- Volume (last session)1,757,761
Financials of Indo Thai
Figures of Indo Thai Securities Limited, the primary company behind Indo Thai, for FY 2025. Revenue was ₹85.3 Lakh (-6% year on year). Net profit was ₹7.89 Cr (925% margin). EBITDA was ₹12.14 Cr (1424% margin). Revenue has grown at a compounded annual rate of +1517% over three years and -39% over five years.
- ₹85.3 LakhRevenue · FY 2025 · -6% YoY
- ₹7.89 CrNet profit · 925% margin
- ₹12.14 CrEBITDA · 1424% margin
- ₹13.28 CrPaid-up capital
- 24Employees (provident fund records)
- +1517%Revenue CAGR, 3 years
- -39%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | ₹60.9 Cr | ₹66.4 Cr | ₹85.3 Cr |
| 2024 | ₹23.3 Cr | ₹8.2 Cr | ₹11.8 Cr |
| 2023 | ₹28.2 Cr | ₹16.0 Cr | ₹20.9 Cr |
| 2022 | ₹1.0 Cr | -₹6.5 Cr | -₹8.1 Cr |
| 2021 | ₹17.6 Cr | ₹9.9 Cr | ₹12.8 Cr |
Balance sheet, profit and loss, cash flow and ratios of Indo Thai Securities Limited are on its company page.
Detailed financial statements for Indo Thai
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Indo Thai
3 dated milestones of Indo Thai across 30 years, from founding to its latest funding, stage changes and deals.
- Founded Indo Thai is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $14.0M.
Web traffic of Indo Thai
The website of Indo Thai (indothai.co.in) receives about 3.6K visits a month.
- Monthly visits3.6K
▼ 28% vs previous month
Websites whose visitors overlap most with Indo Thai. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
money.rediff.com | money.rediff.com | 100% | – | #13,922 | β |
| chittorgarh.com | 84% | 10.4M | #4,414 | View details | |
| marketonmobile.com | 79% | – | – | View details | |
idbipaisabuilder.in | idbipaisabuilder.in | 78% | – | #6,967,555 | β |
investor.ksei.co.id | investor.ksei.co.id | 76% | – | – | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 11 similar websites and full traffic analytics for Indo Thai
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 11 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Indo Thai
Complete news archive for Indo Thai
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Indo Thai
10 companies that operate in the same segment as Indo Thai (Brokers and Dealers), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Trading in stocks, mutual funds, and commodities is facilitated. | 1995 | Mumbai, Maharashtra, India | – | USD 263.15 M | 1,580 | |
Trading and investment services are provided through an online platform. | 2000 | Mumbai, Maharashtra, India | – | USD 310.83 M | 3,228 | |
Insurance brokerage and consulting services are provided to clients. | 2007 | San Francisco, California, United States | – | – | – | |
Stock brokerage and financial advisory services are provided to investors. | 1989 | San Diego, California, United States | – | USD 16.99 B | 9,000 | |
Discount brokerage services for stock trading are provided. | 1982 | Plantation, Florida, United States | – | – | – | |
Insurance brokerage services are provided globally by Howden Group Holdings. | 1994 | London, England, United Kingdom | USD 680.2 M | – | – | |
Financial services encompassing wealth management and stock brokerage are offered. | 1994 | Mumbai, Maharashtra, India | – | USD 127.79 M | 1,160 | |
Stock brokerage and financial services are provided in India. | 1944 | Mumbai, Maharashtra, India | USD 14.31 M | – | – | |
Online share trading and brokerage services for Indian stocks and mutual funds. | 1994 | Mumbai, Maharashtra, India | – | USD 30.16 M | 383 | |
Stock brokerage services are offered by Finam in Russia. | 1994 | Moscow, Russia | – | USD 956.56 K | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track β from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Indo Thai
Indo Thai was founded in 1995 and raised its 1st funding round 30 years after it was founded.
Indo Thai is headquartered in Indore, India. It is registered at Indore, Madhya Pradesh, India.
Indo Thai has 97 employees.
The primary company behind Indo Thai, Indo Thai Securities Limited, reported revenue of βΉ85.3 Lakh for FY 2025, down 6% year on year.
Indo Thai was founded in 1995 in Indore, India, within the financial services sector. Brokerage operations are conducted through a trading and investment platform covering stocks, equities, bonds, debentures, derivatives, commodities, IPOs, and mutual funds. Portfolio management, wealth management, and depository services are included. Algorithmic trading is facilitated for automated strategies in forex, options, futures, and stocks.
Indo Thai offers Equity and Derivative Trading and Mutual Funds.
Yes, Indo Thai is publicly traded on NSE under the ticker symbol INDOTHAI.
Indo Thai operates through Indo Thai Securities Limited.
The legal entities of Indo Thai currently have 8 directors, including Amber Chaurasia, Nishit Doshi, Dharmendra Jain and others.
Yes. Indo Thai publishes WINSTOCK - Indo Thai and 1 more app.

