
About DSP Merrill Lynch Capital Limited
Data last updated:
DSP Merrill Lynch Capital Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Dsp Merrill Lynch Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 07 April 2005.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH2005PLC152497. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹210 Cr and a paid-up capital of ₹205 Cr. It was led by directors including Kumar Mahendrabhai Shah and Charulata Indru Sippy.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Ground Floor A Wing One BKC G Block Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2017, the company reported a revenue of ₹102.63 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹58.77 Cr (net margin 57.3%) and EBITDA of ₹89.52 Cr (EBITDA margin 87.2%).
The company had about 4 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹41,603 Cr on record. The company has 1 deal on record (1 acquisition); the latest was in January 2015. Its 4 peer companies in the BFSI industry (NBFC), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 1 smaller; the largest is Chartered Finance & Leasing Ltd. with revenue of ₹128.65 Cr.
The last known website on record is dspml.com.
Company details
CIN history
DSP Merrill Lynch Capital has one previous CIN (Corporate Identification Number): U65990MH2005PTC152497. The current CIN is U65990MH2005PLC152497, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65990MH2005PLC152497 | Current |
| U65990MH2005PTC152497 | Previous |
Contact details
DSP Merrill Lynch Capital Limited's registered office is in Mumbai, Maharashtra. Its website is dspml.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGround Floor A Wing One BKC G Block Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, NBFC
To see the full contact details of DSP Merrill Lynch Capital 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 DSP Merrill Lynch Capital is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of DSP Merrill Lynch Capital Limited, buy the company report.
Financials of DSP Merrill Lynch Capital Limited
FY 2017 filings availableDSP Merrill Lynch Capital Limited reported revenue of ₹102.63 Cr (down 37% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 37% in the latest year. EBITDA fell 40% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
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| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹89.52 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹58.77 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
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| Fixed Assets | |||
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| Inventories | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 87.2% | ||
| Net Profit Margin | 57.3% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Efficiency and Growth | |||
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| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of DSP Merrill Lynch Capital Limited, buy the company report.
Board of directors of DSP Merrill Lynch Capital Limited
DSP Merrill Lynch Capital has 6 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumar Mahendrabhai Shah Also directs: DSP Finance Private Limited, Bofa Securities India Limited | Director | 07 Apr 2005 | 21 Years 7 Months | As last reported |
| Charulata Indru Sippy Also directs: TNS India Foundation | Director | 09 May 2016 | 10 Years 6 Months | As last reported |
| Sundararaman Ramamurthy | Director | 19 Mar 2015 | 11 Years 7 Months | As last reported |
| Jayesh Jayantilal Mehta Also directs: Ajmera Realty & Infra India Limited, Shree Precoated Steels Limited, DSP Finance Private Limited and 4 more | Director | 12 Aug 2005 | 21 Years 3 Months | As last reported |
| Deepali Sumant Tawde | Director | 05 Aug 2014 | 12 Years 3 Months | As last reported |
| Amee Parikh Also directs: Amansa Social Foundation | Director | 19 Mar 2015 | 11 Years 7 Months | As last reported |
Peer comparison
DSP Merrill Lynch Capital Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chartered Finance & Leasing Ltd. | ₹128.65 Cr (FY 2024) | 142.0% | Mumbai, Maharashtra, India | |||
| Sahyog Holdings Private Limited | ₹121.76 Cr (FY 2019) | 41.0% | Mumbai, Maharashtra, India | |||
| Respo Financial Capital Private Limited | ₹103.68 Cr (FY 2025) | 444.0% | Mumbai, Maharashtra, India | |||
| DSP Merrill Lynch Capital Limitedthis company | ₹102.63 Cr (FY 2017) | ₹58.77 Cr | 57.3% | -37.0% | 4 | Mumbai, Maharashtra, India |
| Credright Finance Private Limited | ₹91.56 Cr (FY 2025) | 160.0% | Hyderabad, Telangana, India |
To see the full peer comparison of DSP Merrill Lynch Capital Limited, buy the company report.
Auditor
DSP Merrill Lynch Capital Limited is audited by Price Waterhouse for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse | FY 2016 |
Shareholding
The shareholding of DSP Merrill Lynch Capital Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of DSP Merrill Lynch Capital Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 May 2016 | 100025669 | Hdfc Bank Limited | ₹35 Lakh | Satisfied | |
| 30 Nov 2011 | 10322120 | Hdfc Bank Limited | ₹15.28 Lakh | Satisfied | |
| 25 Nov 2011 | 10324100 | Hdfc Bank Limited | ₹25.73 Lakh | Satisfied | |
| 30 Sep 2011 | 10313390 | Hdfc Bank Limited | ₹3.96 Lakh | Satisfied | |
| 30 Jul 2011 | 10300520 | Hdfc Bank Limited | ₹5.34 Lakh | Satisfied |
To see the full charge records of DSP Merrill Lynch Capital Limited, buy the company report.
Total charge records: 23 View all charges
Deals & funding
DSP Merrill Lynch Capital Limited has 1 deal on record (1 acquisition); the latest was in January 2015.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2015 | Acquisition | ₹602.51 Cr | Buyer: Banc of America India Pvt. Ltd. Seller: DSP Merrill Lynch Capital Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving DSP Merrill Lynch Capital Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for DSP Merrill Lynch Capital Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
DSP Merrill Lynch Capital Limited has a workforce of 4 employees on its EPFO records as of Mar 2018, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2017-18 | 4 |
| FY 2016-17 |
To see the full employee and EPFO history of DSP Merrill Lynch Capital Limited, buy the company report.
GST
DSP Merrill Lynch Capital 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 DSP Merrill Lynch Capital Limited, buy the company report.
Recent activity
DSP Merrill Lynch Capital Limited has 30 board changes on record since 2005: 6 appointments and 24 cessations. The latest: Charulata Indru Sippy ceased to be Director on 08 May 2017.
68 earlier events are in the company report.
Frequently asked questions
DSP Merrill Lynch Capital has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
DSP Merrill Lynch Capital was a public limited company based in Mumbai, Maharashtra, India. The company worked in nbfc, within the financial services industry. It was incorporated on 07 April 2005 and is registered under CIN U65990MH2005PLC152497. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
DSP Merrill Lynch Capital was incorporated on 07 April 2005. It is registered with the Registrar of Companies, Mumbai.
DSP Merrill Lynch Capital had 6 directors:
- Kumar Mahendrabhai Shah - Director
- Charulata Indru Sippy - Director
- Sundararaman Ramamurthy - Director
- Jayesh Jayantilal Mehta - Director
- Deepali Sumant Tawde - Director
- Amee Parikh - Director
The CIN (Corporate Identification Number) of DSP Merrill Lynch Capital is U65990MH2005PLC152497. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of DSP Merrill Lynch Capital is at Ground Floor A Wing One BKC G Block Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
DSP Merrill Lynch Capital can be reached through the website dspml.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of DSP Merrill Lynch Capital on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. DSP Merrill Lynch Capital has 1 GST registration on record and it is cancelled or inactive.
DSP Merrill Lynch Capital operated in the financial services industry, in the nbfc segment.
DSP Merrill Lynch Capital has 1 deal on record (1 acquisition); the latest was in January 2015.

