About BSE Index Services Private Limited
Data last updated:
BSE Index Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Spdj Singapore Pte Ltd. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 30 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2013PTC247709. Its GSTIN is 27AAMCA0512G1Z1 (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Ashutosh Dhananjay Singh (Managing Director) and Deepak Goel.
Its last annual general meeting (AGM) was held on 30 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 14th Floor P.J. Towers Dalal Street Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2026, the company reported a revenue of ₹42.35 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹23.87 Cr (net margin 56.4%) and EBITDA of ₹32.2 Cr (EBITDA margin 76%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 3% over five years.
The company has about 98 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Asia Index.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asiaindex.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address14th Floor P.J. Towers Dalal Street Fort, Mumbai, Maharashtra, India – 400001
- 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 of BSE Index Services Private Limited
The main business activities of BSE Index Services are information and communication and support service to organizations. In detail, this covers other information & communication service activities and other support services to organizations. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | 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
Verified entity values are shown only after access is granted.
Financials of BSE Index Services Private Limited FY 2025 filings available
BSE Index Services Private Limited reported revenue of ₹42.35 Cr (up 7% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR) of BSE Index Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 7% growth in the latest year. EBITDA rose 25% 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 of BSE Index Services Private Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| 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 | ₹32.2 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹23.87 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 of BSE Index Services Private Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 76% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 56.4% | •••• | •••• | •••• | •••• |
| 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 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 BSE Index Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of BSE Index Services Private Limited
BSE Index Services Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Investment Banking). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhoruka Park Investments India Private Limited | ₹43.38 Cr (FY 2023) | •••• | •••• | 34.0% | •••• | Mumbai, Maharashtra, India |
| BSE Index Services Private Limited this company | ₹42.35 Cr (FY 2026) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| TGS Investment & Trade Private Limited | ₹41.42 Cr (FY 2018) | •••• | •••• | 85.0% | •••• | Mumbai, Maharashtra, India |
| Bageecha Glades Private Limited | ₹41 Cr (FY 2019) | •••• | •••• | 2641.0% | •••• | Pune, Maharashtra, India |
| 3P Investment Managers Private Limited | ₹40.58 Cr (FY 2024) | •••• | •••• | 73595.0% | •••• | Mumbai, Maharashtra, India |
| Virgin Securities and Credits Private Limited | ₹39.81 Cr (FY 2025) | •••• | •••• | 251.0% | •••• | New Delhi, Delhi, India |
| VNG Land Developers Private Limited | ₹39.4 Cr (FY 2024) | •••• | •••• | 4809.0% | •••• | Meerut, Uttar Pradesh, India |
| Unified Vision Capital Private Limited | ₹33.77 Cr (FY 2024) | •••• | •••• | 64.0% | •••• | New Delhi, Delhi, India |
| Infocyber India Private Limited | ₹31.84 Cr (FY 2023) | •••• | •••• | 69.0% | •••• | Mumbai, Maharashtra, India |
| Allegro Corporate Finance Advisors Private Limited | ₹31.74 Cr (FY 2016) | •••• | •••• | -25.0% | •••• | Bangalore, Karnataka, India |
| Keynote Financial Services Limited Listed | ₹30.74 Cr (FY 2025) | •••• | •••• | -38.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below BSE Index Services by revenue in the BFSI industry (Investment Banking), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of BSE Index Services Private Limited
BSE Index Services Private Limited is audited by S.R. Batliboi &Co. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R. Batliboi &Co. LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of BSE Index Services Private Limited
BSE Index Services has 4 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Goel Also directs: BSE Investments Limited, Indian Clearing Corporation Limited, Ebix Insurance Broking Private Limited and 5 more | Director | 29 Sep 2023 | 3 Years 0 Months | Current |
| Kamala Kantharaj | Director | 26 Jun 2023 | 3 Years 3 Months | Current |
| Ashutosh Dhananjay Singh | Managing Director | 31 May 2024 | 2 Years 4 Months | Current |
| Vishal Koul | Director | 29 Oct 2025 | 0 Years 11 Months | Current |
Ownership and Shareholding of BSE Index Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of BSE Index Services Private Limited
BSE Index Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with BSE Index Services Private Limited
BSE Index Services operates one associated brand: Asia Index. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| It functions as an asia index pvt. | asiaindex.co.in |
Employees and EPFO Compliance at BSE Index Services Private Limited
BSE Index Services Private Limited has a workforce of 98 employees as of Mar 30, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of BSE Index Services Private Limited
BSE Index Services has 1 joint venture. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Recent Activity on BSE Index Services Private Limited
BSE Index Services Private Limited has 22 board changes on record since 2013: 4 appointments and 18 cessations. The latest: Vishal Koul ceased to be Additional Director on 02 Dec 2025.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for BSE Index Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by BSE Index Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of BSE Index Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of BSE Index Services Private Limited
BSE Index Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCA0512G1Z1 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of BSE Index Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about BSE Index Services Private Limited
Frequently Asked Questions about BSE Index Services Private Limited
BSE Index Services is an active 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 30 August 2013 (13+ years old) and is registered under CIN U74900MH2013PTC247709.
BSE Index Services reported revenue of ₹42.35 Cr for FY 2026 (up 7% YoY).
BSE Index Services has 4 current directors:
- Ashutosh Dhananjay Singh - Managing Director
- Deepak Goel - Director
- Kamala Kantharaj - Director
- Vishal Koul - Director
BSE Index Services reported a net profit of ₹23.87 Cr (net margin 56.4%) and EBITDA of ₹32.2 Cr (EBITDA margin 76%) for FY 2026, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of BSE Index Services is -8% over three years and 3% over five years. In the latest year (FY 2026) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of BSE Index Services is 27AAMCA0512G1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of BSE Index Services is U74900MH2013PTC247709. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
BSE Index Services was incorporated on 30 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of BSE Index Services by revenue are Bhoruka Park Investments India Private Limited, TGS Investment & Trade Private Limited, Bageecha Glades Private Limited, 3P Investment Managers Private Limited, Virgin Securities and Credits Private Limited and 5 more, all in the BFSI industry (Investment Banking).
Vishal Koul ceased to be Additional Director on 02 Dec 2025. Vishal Koul was appointed as Director on 29 Oct 2025. Deepak Goel ceased to be Additional Director on 07 Aug 2024. BSE Index Services has 22 board changes on record in total.
BSE Index Services can be reached through the website asiaindex.co.in. Its registered office is in Mumbai, Maharashtra, India.