About IIT Investrust Limited
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IIT Investrust Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Industrial Investment Trust Limited. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 31 December 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH1992PLC070247. Its GSTIN is 27AAACI1080R1Z9 (Maharashtra).
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹12.5 Cr. It is led by directors including Shankar Narayan Mokashi and Bipin Agarwal.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No.101A The Capital G – Block Plot No.C – 70 Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2024, the company reported a revenue of ₹57.13 Lakh, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹8.14 Cr and EBITDA of ₹8.29 Cr. Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 14% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
Court records list 10 cases involving the company, including 7 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iitinvestrust.com.
Company details
CIN history
IIT Investrust has one previous CIN (Corporate Identification Number): U67190MH1992PTC070247. The current CIN is U67190MH1992PLC070247, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67190MH1992PLC070247 | Current |
| U67190MH1992PTC070247 | Previous |
Contact details
IIT Investrust Limited's registered office is in Mumbai, Maharashtra. Its website is iitinvestrust.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No.101A The Capital G – Block Plot No.C – 70 Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of IIT Investrust 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 activities of IIT Investrust are financial and insurance service and real estate. In detail, this covers other financial activities and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of IIT Investrust Limited, buy the company report.
Financials of IIT Investrust Limited
FY 2024 filings availableIIT Investrust Limited reported revenue of ₹57.13 Lakh (up 41% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 41% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. EBITDA rose 270% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹8.29 Cr | ||||
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| Net Profit (PAT) | ₹8.14 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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To see the full financial statements and ratios of IIT Investrust Limited, buy the company report.
Board of directors and KMP of IIT Investrust Limited
IIT Investrust Limited currently reports 3 directors and 1 key managerial person. 24 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shankar Narayan Mokashi Also directs: Iitl Projects Limited, Industrial Investment Trust Limited | Director | 13 Aug 2024 | 2 Years 2 Months | Current |
| Bipin Agarwal Also directs: Iitl Projects Limited, Industrial Investment Trust Limited, Nimbus Projects Limited and 5 more | Director | 05 Mar 2008 | 18 Years 7 Months | Current |
| Shriram Surajmal Khandelwal Also directs: Iitl Projects Limited, Yash Resources Recycling Limited, Sant Sundardas Foundation and 1 more | Director | 13 Aug 2024 | 2 Years 2 Months | Current |
| Jeevanantham Ganapathy | Cfo | 23 Feb 2019 | 7 Years 7 Months | Current |
Auditor
IIT Investrust Limited is audited by Desai and Kinare for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Desai and Kinare | FY 2022 | 119575W |
Shareholding
The shareholding of IIT Investrust Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of IIT Investrust Limited, buy the company report.
Legal cases
IIT Investrust Limited has 10 court cases on record: 7 filed by IIT Investrust, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 2 | 0 |
| District courts | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax -4 Mumbai | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax - 4 | Disposed |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (CHS) | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (CHOL) | Filed by the company against Fag Precision Bearings Ltd. and Ors. | Disposed |
To see the full case history of IIT Investrust 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 IIT Investrust Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
IIT Investrust Limited has a workforce of 2 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
IIT Investrust has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI1080R1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of IIT Investrust Limited, buy the company report.
Recent activity
IIT Investrust Limited has 27 board changes on record since 2007: 4 appointments and 23 cessations. The latest: Priyal Yash Shah ceased to be Company Secretary on 01 Nov 2024.
18 earlier events are in the company report.
Frequently asked questions
IIT Investrust 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 31 December 1992 (34+ years old) and is registered under CIN U67190MH1992PLC070247.
IIT Investrust has 4 current directors and KMP:
- Shankar Narayan Mokashi - Director
- Bipin Agarwal - Director
- Shriram Surajmal Khandelwal - Director
- Jeevanantham Ganapathy - Cfo
The latest financial statements of IIT Investrust on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of IIT Investrust is 27AAACI1080R1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of IIT Investrust is U67190MH1992PLC070247. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
IIT Investrust has 10 court cases on record: 7 filed by the company and 3 filed against it. Most are in the high courts.
IIT Investrust was incorporated on 31 December 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Priyal Yash Shah ceased to be Company Secretary on 01 Nov 2024. Shankar Narayan Mokashi ceased to be Additional Director on 24 Sep 2024. Shriram Surajmal Khandelwal ceased to be Additional Director on 24 Sep 2024. IIT Investrust has 27 board changes on record in total.
IIT Investrust can be reached through the website iitinvestrust.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of IIT Investrust is at Office No.101A The Capital G – Block Plot No.C – 70 Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.