About Ecap Equities Limited
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Ecap Equities Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Edelweiss Financial Services Limited. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 08 October 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2008PLC287466. Its GSTIN is 27AACCE0717D1Z6 (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹55.9 Cr and a paid-up capital of ₹18.45 Cr. It was formerly known as Edel Land Limited. It is led by directors including Swadesh Agrawal (Whole-Time Director) and Piyush Chamria (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Tower 3 Wing B Kohinoor City Mall Kohinoor City Kirol Road Kurla West, Mumbai, Maharashtra, India – 400070.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,263.66 Cr, a growth of 94% compared to the previous year. For the same year it recorded a net profit of ₹617.24 Cr (net margin 18.9%) and EBITDA of ₹1,350.54 Cr (EBITDA margin 41.4%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 106% over five years.
The company has about 38 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Edelweiss Finance. As per MCA filings, the company has open charges of ₹8,805.03 Cr and satisfied charges of ₹6,540.6 Cr on record. Court records list 27 cases involving the company, including 18 filed by the company and 9 filed against it; 11 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ecap.edelweissfin.com.
Company details
CIN history
Ecap Equities has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74900MH2008PLC287466, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900MH2008PLC287466 | Current |
| U74900AP2008PLC084221 | Previous |
| U74900TG2008PLC084221 | Previous |
| U74900MH2008PLC187365 | Previous |
Contact details
Ecap Equities Limited's registered office is in Mumbai, Maharashtra. Its website is ecap.edelweissfin.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressTower 3 Wing B Kohinoor City Mall Kohinoor City Kirol Road Kurla West, Mumbai, Maharashtra, India – 400070
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Ecap Equities 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
Brands
Ecap Equities operates one associated brand: Edelweiss Finance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Investment management, SME loans, and insurance services are provided. | edelweissfin.com |
Business activity
The main business activity of Ecap Equities 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 Ecap Equities Limited, buy the company report.
Financials of Ecap Equities Limited
FY 2024 filings availableEcap Equities Limited reported revenue of ₹3,263.66 Cr (up 94% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 106% over five years, including 94% growth in the latest year. EBITDA rose 103% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹1,350.54 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹617.24 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41.4% | ||||
| Net Profit Margin | 18.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Ecap Equities Limited, buy the company report.
Board of directors of Ecap Equities Limited
Ecap Equities has 6 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
Peer comparison
Ecap Equities Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Other Financial Services), 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 |
|---|---|---|---|---|---|---|
| Shriram Gi Holdings Private Limited | ₹3,721.12 Cr (FY 2024) | 32.0% | Chennai, Tamil Nadu, India | |||
| Ecap Equities Limitedthis company | ₹3,263.66 Cr (FY 2025) | ₹617.24 Cr | 18.9% | 94.0% | 38 | Mumbai, Maharashtra, India |
| Aakaaish Investments Private Limited | ₹3,211.66 Cr (FY 2025) | 16.0% | Faridabad, Haryana, India | |||
| Edelweiss Business Services Limited | ₹3,157.72 Cr (FY 2024) | 42.0% | Mumbai, Maharashtra, India | |||
| NSE Clearing Limited | ₹2,777.05 Cr (FY 2025) | 27.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Ecap Equities Limited, buy the company report.
Auditor
Ecap Equities Limited is audited by NGS & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NGS & Co. LLP | FY 2023 | 119850W |
Shareholding
The shareholding of Ecap Equities Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ecap Equities Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Sep 2025 | 101164250 | Others | ₹200 Cr | Open | |
| 16 Dec 2024 | 101028722 | Others | ₹450 Cr | Open | |
| 23 Sep 2024 | 100989064 | Others | ₹300 Cr | Open | |
| 06 Feb 2024 | 100874370 | State Bank of India | ₹275 Cr | Open | |
| 18 Jan 2024 | 100862350 | Others | ₹100 Cr | Open |
To see the full charge records of Ecap Equities Limited, buy the company report.
Total charge records: 27 View all charges
Legal cases
Ecap Equities Limited has 27 court cases on record: 18 filed by Ecap Equities, 9 filed against it. 11 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 19 | 6 | 8 |
| NCLT | 4 | 2 | 0 |
| District courts | 2 | 1 | 1 |
| Supreme Court | 2 | 0 | 2 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Interim or miscellaneous application | Filed against the company by Catalyst Trusteeship Ltd | Pending |
| High Court | Commercial suit | Filed against the company by Catalyst Trusteeship Ltd | Pending |
| High Court | Court case (COMSS) | Filed by the company against Variegate Real Estate Private Limited | Pending |
| High Court | Interim or miscellaneous application | Filed by the company against Variegate Real Estate Private Limited | Pending |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed by the company against Future Corporate Resources Pvt. Ltd. Office at Knowledge House, Shyam Nagar, Jogeshwari Link Road, Jogeshwari (E) , District: Mumbai ,Mumbai , Maharashtra | Pending |
To see the full case history of Ecap Equities Limited, buy 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.
MSME payment delays
Ecap Equities Limited has 6 MSME Form 1 returns on record between 2020 and 2023, listing 7 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Nestien Solutions Private Limited | |||
| an individual supplier | |||
| First Advantage Private Limited |
To see the full MSME payment records of Ecap Equities Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Ecap Equities has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Edelweiss Retail Finance Limited | U67120MH1997PLC285490 | |
| Edelcap Securities Limited | U67120TG2008PLC057145 |
To see the full group structure of Ecap Equities Limited, buy the company report.
Employees & EPFO
Ecap Equities Limited has a workforce of 38 employees on its EPFO records as of Apr 08, 2024, across 2 active EPFO establishments.
GST
Ecap Equities has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCE0717D1Z6 | Maharashtra | Active | 01 Jul 2017 |
| 24AACCE0717D1ZC | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ecap Equities Limited, buy the company report.
Recent activity
Ecap Equities Limited has 36 board changes on record since 2008: 21 appointments and 15 cessations. The latest: Sanjeev Rastogi ceased to be Director on 04 Aug 2025.
75 earlier events are in the company report.
Frequently asked questions
Ecap Equities is an active public limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 08 October 2008 (18+ years old) and is registered under CIN U74900MH2008PLC287466.
Ecap Equities has 6 current directors:
- Swadesh Agrawal - Whole-Time Director
- Piyush Chamria - Whole-Time Director
- Bharat Vipinchandra Bakshi - Director
- Vinod Anand Juneja - Director
- Vyapak Krishna Shrivastava - Director
- Ananya Suneja - Director
The latest financial statements of Ecap Equities on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ecap Equities is 27AACCE0717D1Z6, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AACCE0717D1ZC (Gujarat).
The CIN (Corporate Identification Number) of Ecap Equities is U74900MH2008PLC287466. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ecap Equities has 27 court cases on record: 18 filed by the company and 9 filed against it. 11 are pending. Most are in the high courts.
Ecap Equities was incorporated on 08 October 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ecap Equities by revenue are Shriram Gi Holdings Private Limited, Aakaaish Investments Private Limited, Edelweiss Business Services Limited, NSE Clearing Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Sanjeev Rastogi ceased to be Director on 04 Aug 2025. Vyapak Krishna Shrivastava was appointed as Director on 04 Aug 2025. Swadesh Agrawal was appointed as Whole-Time Director on 08 May 2024. Ecap Equities has 36 board changes on record in total.
Ecap Equities has 6 MSME Form 1 returns on record between 2020 and 2023, listing 7 overdue payments to 4 micro and small suppliers. The latest return was filed on 21 Nov 2023.
Ecap Equities can be reached through the website ecap.edelweissfin.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ecap Equities is at Tower 3 Wing B Kohinoor City Mall Kohinoor City Kirol Road Kurla West, Mumbai, Maharashtra, India – 400070.
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