Boi Merchant Bankers Limited - Company Profile

Q: Where is Boi Merchant Bankers Limited headquartered?

Boi Merchant Bankers Limited is headquartered at Gblk,C5BankofindiastarhousebandrakurlacomplexbandraE, Mumbai, Maharashtra, 400051.

Q: Who are the current directors of Boi Merchant Bankers Limited?

The current directors of Boi Merchant Bankers Limited are Paripurnam Ramanujam Rajagopal, Sanjay Mangalmurti Phadke, Ripal Motilal Tandel, Veerarajan, Rajnish Bhardwaj.

It is a financial services public limited union government company based in Mumbai, Maharashtra, India, established in 2014.

2014 Mumbai, Maharashtra, India Active

Last Updated: February 12, 2026

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About Boi Merchant Bankers Limited

Boi Merchant Bankers Limited, a active public limited union government company, was established on 31 October 2014 in Mumbai, Maharashtra, India. Engaging in diversified financial services within the financial and insurance service sector, it holds CIN: U65190MH2014GOI258997. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹10.00 Cr.

It upholds a compliant status. Its leadership includes Paripurnam Ramanujam Rajagopal (Director), Ripal Motilal Tandel (Managing Director), Rajnish Bhardwaj (Director). Past directors included Debabrata Sarkar, Rajeev Bhatia, Raman Sharma. Its latest AGM occurred on 23 September 2025, with the balance sheet filed on 31 March 2025. It is based at Gblk,C/5Bankofindiastarhousebandrakurlacomplexbandra(E), Mumbai, Maharashtra, 400051.

Company Details

CIN/LLPIN
U65190MH2014GOI258997
Registration Number
258997
Incorporation Date
31 October 2014
Authorized Capital
₹20.00 Cr
Paid-Up Capital
₹10.00 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 20.00 Cr as on 12-02-2026
Paid Up Capital ₹ 10.00 Cr as on 12-02-2026
Company Age 11 Year, 3 Months
Last Filing with ROC 31 Mar 2025
Revenue Growth **** 135.17% (FY 2022)
Profit Growth **** 233.06% (FY 2022)
Ebitda **** 579.59% (FY 2022)
Net Worth 19.52% (FY 2022)
Total Assets **** 27.57% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Boi Merchant Bankers Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Boi Merchant Bankers Limited?

Current Directors

Name	Designation	Appointment Date	Status
Paripurnam Ramanujam Rajagopal	Director	14 Jan 2021	Current
Ripal Motilal Tandel	Managing Director	20 May 2022	Current
Rajnish Bhardwaj	Director	06 Jun 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	28 Sep 2021	Past
Pramod Abcsdd	Company Secretary	24 Sep 2015	Past
Pramod Abcsdd	Director	28 Feb 2018	Past
Pramod Abcsdd	Additional Director	29 Sep 2021	Past
Pramod Abcsdd	Additional Director	29 Sep 2021	Past
Pramod Abcsdd	Managing Director	12 Jun 2020	Past

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Financial Performance of Boi Merchant Bankers.

Boi Merchant Bankers Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 135.17% increase. The company also saw a substantial improvement in profitability, with a 233.06% increase in profit. The company's net worth Soared by an impressive increase of 19.52%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

135.17%

*******

Revenue from Operations

*******

190.36%

*******

Total Assets

*******

27.57%

*******

Profit or Loss

*******

233.06%

*******

Net Worth

*******

19.52%

*******

EBITDA

*******

579.59%

*******

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What is the Ownership and Shareholding Structure of Boi Merchant Bankers?

In 2022, Boi Merchant Bankers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Boi Merchant Bankers?

Unlock and access historical data on people associated with Boi Merchant Bankers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Boi Merchant Bankers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Boi Merchant Bankers's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Boi Merchant Bankers

Recent Activity within the Organization

Annual General Meeting

Progress on Boi Merchant Bankers Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records. was documented.
23 Sep 2025
Director Appointment

The activity Rajnish Bhardwaj was appointed as a Director was appointed as a Director on 06 Jun 2025 & has been associated with this company since 8 months 21 days . was completed.
06 Jun 2025
Balance Sheet

Boi Merchant Bankers Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.
31 Mar 2025
Director Appointment

Progress on Veerarajan was appointed as a Cfo was appointed as a Cfo on 27 Dec 2024 & has been associated with this company since 1 year 2 months . was documented.
27 Dec 2024
Director Appointment

Ripal Motilal Tandel was appointed as a Managing Director was appointed as a Managing Director on 20 May 2022 & has been associated with this company since 3 years 9 months . was recorded as a recent event.
20 May 2022
Director Appointment

Progress on Paripurnam Ramanujam Rajagopal was appointed as a Director was appointed as a Director on 14 Jan 2021 & has been associated with this company since 5 years 1 month . was documented.
14 Jan 2021

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