About Ernst & Young Merchant Banking Services Private Limited
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Ernst & Young Merchant Banking Services Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Ernst & Young Llp. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the banking institutions segment of the financial services sector. It was incorporated on 11 October 2000.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH2000PTC129109. Its GSTIN is 27AAACI8134Q1Z2 (Maharashtra). The company held 4 GST registrations, all of them active.
The company had an authorised share capital of ₹16.88 Cr and a paid-up capital of ₹16.67 Cr. It was formerly known as Ind Global Corporate Finance Private Limited.
Its last annual general meeting (AGM) was held on 29 August 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at The Ruby 14th Floor 29 Senapati Bapat Marg Dadar (W), Mumbai, Maharashtra, India – 400028.
As per the financials filed for FY 2018, the company reported a revenue of ₹33.27 Cr, a growth of 105% compared to the previous year. For the same year it recorded a net profit of ₹3.48 Cr (net margin 10.5%) and EBITDA of ₹4.78 Cr (EBITDA margin 14.4%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years.
The company has about 85 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The last known website on record is ey.com.
Company details
Contact details
Ernst & Young Merchant Banking Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is ey.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressThe Ruby 14th Floor 29 Senapati Bapat Marg Dadar (W), Mumbai, Maharashtra, India – 400028
- IndustryFinancial Services, Banking Institutions
To see the full contact details of Ernst & Young Merchant Banking Services Private 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 Ernst & Young Merchant Banking Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Ernst & Young Merchant Banking Services Private Limited, buy the company report.
Financials of Ernst & Young Merchant Banking Services Private Limited
FY 2018 filings availableErnst & Young Merchant Banking Services Private Limited reported revenue of ₹33.27 Cr (up 105% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over three years, including 105% growth in the latest year. EBITDA rose 188% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹33.27 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹4.78 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹3.48 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 14.4% | |||
| Net Profit Margin | 10.5% | |||
| 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 | ||||
To see the full financial statements and ratios of Ernst & Young Merchant Banking Services Private Limited, buy the company report.
Board of directors of Ernst & Young Merchant Banking Services Private Limited
Ernst & Young Merchant Banking Services has 6 former directors on record and no current directors listed.
Auditor
Ernst & Young Merchant Banking Services Private Limited is audited by J K DOSHI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J K DOSHI & CO | FY 2018 | 102720W |
Shareholding
The shareholding of Ernst & Young Merchant Banking Services Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ernst & Young Merchant Banking Services Private Limited, buy the company report.
Legal cases
Ernst & Young Merchant Banking Services Private Limited has 2 court cases on record: 1 filed by Ernst & Young Merchant Banking Services, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed by the company against The Deputy Commissioner of Income Tax Circle 3 (2) | Pending |
| Bombay High Court | Tax appeal | Filed against the company by Commissioner of Income Tax -6 | Disposed |
To see the full case history of Ernst & Young Merchant Banking Services Private 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
No delayed payments to MSME suppliers are on our record for Ernst & Young Merchant Banking Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ernst & Young Merchant Banking Services Private Limited has a workforce of 85 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Ernst & Young Merchant Banking Services has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI8134Q1Z2 | Maharashtra | Active | 01 Jul 2017 |
| 06AAACI8134Q1Z6 | Haryana | Active | 01 Jul 2017 |
| 07AAACI8134Q1Z4 | Delhi | Active | 01 Jul 2017 |
| 29AAACI8134Q1ZY | Karnataka | Active | 30 Dec 2017 |
To see the full GST registrations and return filing status of Ernst & Young Merchant Banking Services Private Limited, buy the company report.
Recent activity
Ernst & Young Merchant Banking Services Private Limited has 5 board changes on record since 2010: 0 appointments and 5 cessations. The latest: Navin Vohra ceased to be Director on 06 Feb 2019.
News
Frequently asked questions
Ernst & Young Merchant Banking Services has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Ernst & Young Merchant Banking Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in banking institutions, within the financial services industry. It was incorporated on 11 October 2000 and is registered under CIN U67120MH2000PTC129109. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Ernst & Young Merchant Banking Services is U67120MH2000PTC129109. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ernst & Young Merchant Banking Services was incorporated on 11 October 2000. It is registered with the Registrar of Companies, Mumbai.
Ernst & Young Merchant Banking Services can be reached through the website ey.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ernst & Young Merchant Banking Services is at The Ruby 14th Floor 29 Senapati Bapat Marg Dadar W, Mumbai, Maharashtra, India – 400028.
The latest financial statements of Ernst & Young Merchant Banking Services on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 August 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Ernst & Young Merchant Banking Services is 27AAACI8134Q1Z2, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 06AAACI8134Q1Z6 (Haryana), 07AAACI8134Q1Z4 (Delhi), 29AAACI8134Q1ZY (Karnataka).
Ernst & Young Merchant Banking Services operated in the financial services industry, in the banking institutions segment.
Ernst & Young Merchant Banking Services has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
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