About Idbi Asset Management Limited
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Idbi Asset Management Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Idbi Bank Limited. It operates in the asset management firms segment of the financial services sector. It was incorporated on 25 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65100MH2010PLC199319. Its GSTIN is 27AACCI2317R1Z9 (Maharashtra). The company holds 10 GST registrations, all of them active.
The company has an authorised share capital of ₹250 Cr and a paid-up capital of ₹200 Cr. It is led by directors including Sanjiv Kumar Sachdev and Trilok Sharma.
Its last annual general meeting (AGM) was held on 30 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Idbi Tower Wtc Complex Cuffe Parade Colaba, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.12 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net profit of ₹8.72 Cr (net margin 61.8%) and EBITDA of ₹11.6 Cr (EBITDA margin 82.2%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 17% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: IDBI Mutual Fund. Court records list 10 cases involving the company, including 3 filed by the company and 7 filed against it; 1 case is pending. The company has 2 deals on record (1 acquisition, 1 secondary share transfer); the latest was in November 2019. Its 5 peer companies in the BFSI industry (Asset Management), with the same principal business activity (fund management services) are compared by revenue, 2 larger and 3 smaller; the largest is Incofin India Investment Management Private Limited with revenue of ₹15.09 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website idbimutual.co.in.
Company details
Contact details
Idbi Asset Management Limited's registered office is in Mumbai, Maharashtra. Its website is idbimutual.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressIdbi Tower Wtc Complex Cuffe Parade Colaba, Mumbai, Maharashtra, India – 400005
- IndustryFinancial Services, Asset Management Firms
To see the full contact details of Idbi Asset Management 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
Idbi Asset Management operates one associated brand: IDBI Mutual Fund. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mutual fund investments and research are offered online to individuals. | idbimutual.co.in |
Business activity
The main business activity of Idbi Asset Management is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of Idbi Asset Management Limited, buy the company report.
Financials of Idbi Asset Management Limited
FY 2025 filings availableIdbi Asset Management Limited reported revenue of ₹14.12 Cr (down 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 35% fall in the latest year. EBITDA fell 32% 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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| EBITDA | ₹11.6 Cr | ||||
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| Net Profit (PAT) | ₹8.72 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 82.2% | ||||
| Net Profit Margin | 61.8% | ||||
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To see the full financial statements and ratios of Idbi Asset Management Limited, buy the company report.
Board of directors of Idbi Asset Management Limited
Idbi Asset Management has 4 current directors and 46 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjiv Kumar Sachdev Also directs: RSB Advisors Limited Liability Partnership | Director | 06 Apr 2023 | 3 Years 6 Months | Current |
| Trilok Sharma | Nominee Director | 03 Nov 2023 | 2 Years 11 Months | Current |
| Renu Bhalla Seth | Nominee Director | 15 Mar 2024 | 2 Years 7 Months | Current |
| Shishir Kumar Rath | Additional Director | 31 Dec 2025 | 0 Years 10 Months | Current |
Peer comparison
Idbi Asset Management Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Asset Management), with the same principal business activity (fund management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Incofin India Investment Management Private Limited | ₹15.09 Cr (FY 2025) | 21.0% | Chennai, Tamil Nadu, India | |||
| Trinity Alternative Investment Managers Limited | ₹14.45 Cr (FY 2022) | 8.0% | Kolkata, West Bengal, India | |||
| Idbi Asset Management Limitedthis company | ₹14.12 Cr (FY 2025) | ₹8.72 Cr | 61.8% | -35.0% | 40 | Mumbai, Maharashtra, India |
| Tamil Nadu Infrastructure Fund Management Corporation Limited | ₹13.67 Cr (FY 2024) | -5.0% | Chennai, Tamil Nadu, India | |||
| Il&Fs Infra Asset Management Limited | ₹13.26 Cr (FY 2025) | -26.0% | Mumbai, Maharashtra, India | |||
| Blacksoil Asset Management Private Limited | ₹13.19 Cr (FY 2022) | 28.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Idbi Asset Management Limited, buy the company report.
Auditor
Idbi Asset Management Limited is audited by MGB CO & LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MGB CO & LLP | FY 2019 | 101169W/W100035 |
Shareholding
The shareholding of Idbi Asset Management Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Idbi Asset Management Limited, buy the company report.
Deals & funding
Idbi Asset Management Limited has 2 deals on record (1 acquisition, 1 secondary share transfer); the latest was in November 2019.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2019 | Acquisition | Undisclosed | Buyer: Muthoot Finance Limited |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Idbi Asset Management Limited has 10 court cases on record: 3 filed by Idbi Asset Management, 7 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 0 |
| High courts | 3 | 1 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (CARBP) | Filed against the company by Muthoot Finance Ltd | Pending |
| Bombay High Court | Court case (COMSS) | Filed by the company against Dewan Housing Finance Corporation Ltd. (DHFL) and Anr | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Bilt Graphic Paper Products Ltd and 6 others | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln-IDA) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.-PGA) | Filed against the company by an individual | Disposed |
To see the full case history of Idbi Asset Management 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 Idbi Asset Management Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Idbi Asset Management Limited has a workforce of 40 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Idbi Asset Management has 10 GST registrations: 10 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCI2317R1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 27AACCI2317R2Z8 | Maharashtra | Active | 28 Jul 2017 |
| 07AACCI2317R1ZB | Delhi | Active | 01 Jul 2017 |
| 19AACCI2317R1Z6 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Idbi Asset Management Limited, buy the company report.
Recent activity
Idbi Asset Management Limited has 43 board changes on record since 2010: 6 appointments and 37 cessations. The latest: Shishir Kumar Rath was appointed as Additional Director on 31 Dec 2025.
34 earlier events are in the company report.
News
Frequently asked questions
Idbi Asset Management is an active public limited company based in Mumbai, Maharashtra, India. The company works in asset management firms, within the financial services industry. It was incorporated on 25 January 2010 (16+ years old) and is registered under CIN U65100MH2010PLC199319.
Idbi Asset Management has 4 current directors:
- Sanjiv Kumar Sachdev - Director
- Trilok Sharma - Nominee Director
- Renu Bhalla Seth - Nominee Director
- Shishir Kumar Rath - Additional Director
The latest financial statements of Idbi Asset Management on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Idbi Asset Management is 27AACCI2317R1Z9, registered in Maharashtra. The company has 10 GST registrations in all, of which 10 are active. Other active GSTINs include 27AACCI2317R2Z8 (Maharashtra), 07AACCI2317R1ZB (Delhi), 19AACCI2317R1Z6 (West Bengal).
The CIN (Corporate Identification Number) of Idbi Asset Management is U65100MH2010PLC199319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Idbi Asset Management has 10 court cases on record: 3 filed by the company and 7 filed against it. 1 is pending. Most are in the district courts.
Idbi Asset Management was incorporated on 25 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Idbi Asset Management has 2 deals on record (1 acquisition, 1 secondary share transfer); the latest was in November 2019.
The peers of Idbi Asset Management by revenue are Incofin India Investment Management Private Limited, Trinity Alternative Investment Managers Limited, Tamil Nadu Infrastructure Fund Management Corporation Limited, Il&Fs Infra Asset Management Limited, Blacksoil Asset Management Private Limited, all in the BFSI industry (Asset Management), with the same principal business activity (fund management services).
Shishir Kumar Rath was appointed as Additional Director on 31 Dec 2025. Ashok Kumar Dash ceased to be Additional Director on 29 Jul 2025. Ashok Kumar Dash was appointed as Director on 03 Jul 2025. Idbi Asset Management has 43 board changes on record in total.
Idbi Asset Management can be reached through the website idbimutual.co.in. Its registered office is in Mumbai, Maharashtra, India.
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