MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0020625
Ernst & Young Merchant Banking Services LLP
Ernst & Young Merchant Banking Services LLP - financial services in Mumbai, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2023
₹79.59 Cr
▲ 15% YoY
Contribution obligation
₹5.42 Cr
As per LLP agreement
LLP age
7 yrs
Est. 2019
Designated partners
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date
LLP status
Active
MCA master data
Registrar
Mumbai
ROC office
Incorporated
07 Feb 2019
Date of incorporation
About Ernst & Young Merchant Banking Services LLP
Data last updated:
Ernst & Young Merchant Banking Services LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 07 February 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAO-2287.
The LLP has a total obligation of contribution of ₹5.42 Cr. It is led by designated partners Parag Manharlal Mehta and Navin Vohra.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹79.59 Cr, a growth of 15% compared to the previous year. Revenue has grown at a compounded annual rate (CAGR) of 6% over three years.
Ernst & Young Merchant Banking Services LLP is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0020625).
Company details
LLPIN AAO-2287
Incorporation Date 07 February 2019
Total Obligation of Contribution ₹5.42 Cr
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0020625
Recognitions & Rankings of Ernst & Young Merchant Banking Services
Contact details
Ernst & Young Merchant Banking Services LLP's registered office is in Mumbai, Maharashtra.
- Registered AddressThe Ruby 14th Floor 29 Senapati Bapat Marg Dadar (W) Mumba, I, Mumbai, Maharashtra, India – 400028
- IndustryFinancial Services, Diversified Financial Services
Comprehensive company report
Ernst & Young Merchant Banking Services LLP - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Financials of Ernst & Young Merchant Banking Services LLP
FY 2025 filings availableErnst & Young Merchant Banking Services LLP reported revenue of ₹79.59 Cr (up 15% YoY) for FY 2023.
Revenue · FY 2023
₹79.59 Cr ▲ 15%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 6% over three years, including 15% growth 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | |||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | |||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | |||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of Ernst & Young Merchant Banking Services LLP, buy the company report.
Designated partners of Ernst & Young Merchant Banking Services LLP
Ernst & Young Merchant Banking Services has 2 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parag Manharlal Mehta | Designated Partner | 11 May 2021 | 5 Years 5 Months | Current |
| Navin Vohra Also directs: Ernst & Young LLP, Indian Association of Investment Professionals, Aventus Talent Acquisition Solutions Private Limited and 1 more | Designated Partner | 07 Feb 2019 | 7 Years 8 Months | Current |
Peer comparison
Ernst & Young Merchant Banking Services LLP is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ioc Global Capital Management Ifsc Limited | ₹81.31 Cr (FY 2025) | 13190.0% | Gandhinagar, Gujarat, India | |||
| Lariox Capital Private Limited | ₹81.14 Cr (FY 2024) | 269.0% | Hyderabad, Telangana, India | |||
| Icl Securities Limited | ₹80.53 Cr (FY 2025) | 40266103.0% | Chennai, Tamil Nadu, India | |||
| Qapita Fintech India Private Limited | ₹79.83 Cr (FY 2025) | 27.0% | Hyderabad, Telangana, India | |||
| Unique Mercantile India Limited | ₹79.61 Cr (FY 2022) | 114.0% | Ahmedabad, Gujarat, India | |||
| Ernst & Young Merchant Banking Services LLPthis company | ₹79.59 Cr (FY 2023) | 15.0% | Mumbai, Maharashtra, India | |||
| Vistra Itcl (India) Limited | ₹79.22 Cr (FY 2025) | 22.0% | Mumbai, Maharashtra, India | |||
| CS Shares and Stocks Private Limited | ₹78.6 Cr (FY 2024) | 7213.0% | Hyderabad, Telangana, India | |||
| Sadgati Investments and Trading Company Private Limited | ₹78.45 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Finzoomers Services Private Limited | ₹77.78 Cr (FY 2025) | 29.0% | Gurugram, Haryana, India | |||
| Crystal Share Broking Private Limited | ₹77.57 Cr (FY 2025) | -6.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ernst & Young Merchant Banking Services LLP, buy the company report.
Legal cases
No court or tribunal cases involving Ernst & Young Merchant Banking Services LLP 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 Ernst & Young Merchant Banking Services LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ernst & Young Merchant Banking Services LLP; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ernst & Young Merchant Banking Services LLP has 4 designated partner changes on record since 2019: 2 appointments and 2 cessations. The latest: Amit Khandelwal ceased to be Designated Partner on 11 May 2021.
AGM
Ernst & Young Merchant Banking Services Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Ernst & Young Merchant Banking Services Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Amit Khandelwal ceased to be Designated Partner.
Appointed
Parag Manharlal Mehta was appointed as Designated Partner.
Ceased
Parag Manharlal Mehta ceased to be Partner.
Appointed
Navin Vohra was appointed as Designated Partner.
Incorporation
07 Feb 2019
Ernst & Young Merchant Banking Services Llp was registered on 07 Feb 2019 with Roc Mumbai I & aged 7 years 8 months as per MCA records.
Frequently asked questions
Ernst & Young Merchant Banking Services is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in diversified financial services, within the financial services industry. It was incorporated on 07 February 2019 (7+ years old) and is registered under LLPIN AAO-2287.
Ernst & Young Merchant Banking Services has 2 current designated partners:
- Parag Manharlal Mehta - Designated Partner
- Navin Vohra - Designated Partner
The latest financial statements of Ernst & Young Merchant Banking Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2019 are in the company report.
The LLPIN (Limited Liability Partnership Identification Number) of Ernst & Young Merchant Banking Services is AAO-2287. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Ernst & Young Merchant Banking Services was incorporated on 07 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ernst & Young Merchant Banking Services by revenue are Ioc Global Capital Management Ifsc Limited, Lariox Capital Private Limited, Icl Securities Limited, Qapita Fintech India Private Limited, Unique Mercantile India Limited and 5 more, all in the BFSI industry (Other Financial Services).
Amit Khandelwal ceased to be Designated Partner on 11 May 2021. Parag Manharlal Mehta was appointed as Designated Partner on 11 May 2021. Parag Manharlal Mehta ceased to be Partner on 10 May 2021. Ernst & Young Merchant Banking Services has 4 designated partner changes on record in total.
Yes, Ernst & Young Merchant Banking Services is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0020625).
The registered office of Ernst & Young Merchant Banking Services is at The Ruby 14th Floor 29 Senapati Bapat Marg Dadar W Mumba, I, Mumbai, Maharashtra, India – 400028.
Ernst & Young Merchant Banking Services operates in the financial services industry, in the diversified financial services segment.
Ernst & Young Merchant Banking Services can be reached at its registered office: The Ruby 14th Floor 29 Senapati Bapat Marg Dadar W Mumba, I, Mumbai, Maharashtra, India – 400028.