MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0047975
Impetus Arthasutra Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5.32 Cr
▲ 17% YoY
Net profit · FY 2025
₹1.31 Cr
Net margin 24.6%
EBITDA · FY 2025
₹2.42 Cr
EBITDA margin 45.5%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹66.23 Lakh
Issued & subscribed
Open charges
₹1.84 Cr
Secured borrowings
Company age
32 yrs
Est. 1994
Employees · EPFO
9
Provident fund records
About Impetus Arthasutra Private Limited
Data last updated:
Impetus Arthasutra Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 01 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH1994PTC083384. Its GSTIN is 27AAACS5662F1ZC (Maharashtra).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹66.23 Lakh. It was formerly known as Impetus Wealth Management Private Limited and Stocksearch and Financial Services Private Limited. It is led by directors including Deepak Madanlal Majmudar and Sabir Konganam Veedu.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.32 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹1.31 Cr (net margin 24.6%) and EBITDA of ₹2.42 Cr (EBITDA margin 45.5%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 31% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.84 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 19 deals on record (14 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹2.24 Cr; the latest was in December 2022.
Impetus Arthasutra Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0047975). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website impetusindia.in.
Company details
CIN U74110MH1994PTC083384
Registration Number 083384
Incorporation Date 01 December 1994
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0047975
Name history
Impetus Arthasutra has undergone 2 name changes throughout its history. The company was previously known as Impetus Wealth Management Private Limited, and Stocksearch And Financial Services Private Limited. The current legal name is Impetus Arthasutra Private Limited.
| Company Name | Status |
|---|---|
| Impetus Arthasutra Private Limited | Current |
| Impetus Wealth Management Private Limited | Previous |
| Stocksearch And Financial Services Private Limited | Previous |
CIN history
Impetus Arthasutra has one previous CIN (Corporate Identification Number): U65920MH1994PTC083384. The current CIN is U74110MH1994PTC083384, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH1994PTC083384 | Current |
| U65920MH1994PTC083384 | Previous |
Key People
Deepak Madanlal Majmudar Director Sabir Konganam Veedu Director Sageer Koderi Valappil Director Recognitions & Rankings of Impetus Arthasutra
Contact details
Impetus Arthasutra Private Limited's registered office is in Mumbai, Maharashtra. Its website is impetusindia.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 206 2nd Flr Atlanta Estate Off. Goregaon – Mulund Link Road Goregaon, East, Mumbai, Maharashtra, India – 400063
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
To see the full contact details of Impetus Arthasutra Private Limited, buy the company report.
Comprehensive company report
Impetus Arthasutra Private Limited - 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Impetus Arthasutra is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Impetus Arthasutra Private Limited, buy the company report.
Financials of Impetus Arthasutra Private Limited
FY 2024 filings availableImpetus Arthasutra Private Limited reported revenue of ₹5.32 Cr (up 17% YoY) for FY 2025.
Revenue · FY 2025
₹5.32 Cr ▲ 17%
Net profit · FY 2025
₹1.31 Cr margin 24.6%
EBITDA · FY 2025
₹2.42 Cr margin 45.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 28%
5 years · compounded
▲ 31%
EBITDA CAGR growth
3 years · compounded
▲ 24%
5 years · compounded
▲ 67%
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 17% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.42 Cr | ||||
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| Net Profit (PAT) | ₹1.31 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 | 45.5% | ||||
| Net Profit Margin | 24.6% | ||||
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To see the full financial statements and ratios of Impetus Arthasutra Private Limited, buy the company report.
Board of directors of Impetus Arthasutra Private Limited
Impetus Arthasutra has 10 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Madanlal Majmudar | Director | 22 Jul 2020 | 6 Years 3 Months | Current |
| Sabir Konganam Veedu Also directs: Poonoor Hospitality Services LLP, Event MTG LLP | Director | 30 Mar 2018 | 8 Years 6 Months | Current |
| Sageer Koderi Valappil Also directs: Impetus' Arthashastra Private Limited | Director | 04 Dec 2017 | 8 Years 10 Months | Current |
| Manisha Menon Also directs: Impetus' Arthashastra Private Limited | Director | 05 Apr 2017 | 9 Years 6 Months | Current |
| Dilip Radhakrishnan Parayath Also directs: Impetus' Arthashastra Private Limited | Director | 15 Nov 2006 | 19 Years 11 Months | Current |
| Aparna Ninad Pandharkar | Director | 01 Jun 2022 | 4 Years 4 Months | Current |
Showing 6 of 10 current directors. View all directors
Auditor
Impetus Arthasutra Private Limited is audited by MAHESHKUMAR SALGIA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESHKUMAR SALGIA | FY 2023 | 036359 |
Shareholding
The shareholding of Impetus Arthasutra Private 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 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 Impetus Arthasutra Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.84 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2025 | 101194948 | Hdfc Bank Limited | ₹19.23 Lakh | Open | |
| 04 Jan 2025 | 101030474 | Others | ₹95 Lakh | Open | |
| 10 Mar 2021 | 100428994 | Axis Bank Limited | ₹69.44 Lakh | Open |
Total charge records: 3 View all charges
Deals & funding
Impetus Arthasutra Private Limited has 19 deals on record (14 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹2.24 Cr; the latest was in December 2022.
Total deals
19
Secondary share transfers
14
Funding rounds
4
Rights issue
1
Disclosed funding
₹2.24 Cr
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Rights issue | ₹1.65 Cr | Investors: 2 individuals |
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Impetus Arthasutra Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Impetus Arthasutra Private Limited has 1 court case on record: 1 filed by Impetus Arthasutra. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against an individual | Disposed |
To see the full case history of Impetus Arthasutra 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 Impetus Arthasutra Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Impetus Arthasutra Private Limited has a workforce of 9 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
Employee growth
-10%
GST
Impetus Arthasutra has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS5662F1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Impetus Arthasutra Private Limited, buy the company report.
Recent activity
Impetus Arthasutra Private Limited has 30 board changes on record since 2006: 10 appointments and 20 cessations. The latest: Ria Dilip Menon ceased to be Additional Director on 29 Sep 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 19.23 Lakh with Charge ID 101194948 was registered on 25 Sep 2025.
Charges
A charge with Others amounted to Rs. 95.00 Lakh with Charge ID 101030474 was registered on 04 Jan 2025.
AGM
Impetus Arthasutra Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Ria Dilip Menon ceased to be Additional Director.
Ceased
Sagar Dilip Menon ceased to be Additional Director.
Appointed
Ria Dilip Menon was appointed as Director.
Appointed
Sagar Dilip Menon was appointed as Director.
Filing
Impetus Arthasutra Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Aparna Ninad Pandharkar ceased to be Additional Director.
Appointed
Aparna Ninad Pandharkar was appointed as Director.
Ceased
Ranuj Ramchandran Nair ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 69.44 Lakh with Charge ID 100428994 was registered on 10 Mar 2021.
24 earlier events are in the company report.
Frequently asked questions
Impetus Arthasutra is an active private limited company based in Mumbai, Maharashtra, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 01 December 1994 (32+ years old) and is registered under CIN U74110MH1994PTC083384.
Impetus Arthasutra has 10 current directors:
- Deepak Madanlal Majmudar - Director
- Sabir Konganam Veedu - Director
- Sageer Koderi Valappil - Director
- Manisha Menon - Director
- Dilip Radhakrishnan Parayath - Director
- Aparna Ninad Pandharkar - Director
- Ria Dilip Menon - Director
- Cherachamveettil Maliyekkal Shamsudheen - Director
- Sagar Dilip Menon - Director
- Amarnath Achuthan - Director
The latest financial statements of Impetus Arthasutra 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 Impetus Arthasutra is 27AAACS5662F1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Impetus Arthasutra is U74110MH1994PTC083384. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Impetus Arthasutra has 1 court case on record: 1 filed by the company.
Impetus Arthasutra was incorporated on 01 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Impetus Arthasutra has 19 deals on record (14 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹2.24 Cr; the latest was in December 2022.
Ria Dilip Menon ceased to be Additional Director on 29 Sep 2024. Sagar Dilip Menon ceased to be Additional Director on 29 Sep 2024. Ria Dilip Menon was appointed as Director on 07 Sep 2024. Impetus Arthasutra has 30 board changes on record in total.
Yes, Impetus Arthasutra is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0047975).