About Incred Research Services Private Limited
Data last updated: 17 February 2026
Incred Research Services Private Limited is a private limited company based in Bandra, Maharashtra, India, a subsidiary of Incred Capital Wealth Portfolio Managers Private Limited. It specialises in brokerage and trading services, a part of the broader financial services sector. Incorporated on 09 November 2016, the company has been in operation for over 10 years.
Registered with ROC Mumbai under CIN U74999MH2016PTC287535.
Capital: an authorised share capital of ₹19 Cr and a paid-up capital of ₹18.26 Cr. Formerly known as Earnest Innovation Partners Private Limited. It is led by directors Nitin Subramanya Rao and Prateek Indwar.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Unit No. 1203 12Th Floor B Wing The Capital Plot No. C – 70, G Block Bandra – Kurla Complex Bandra East Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.67 Cr, a decline of 11% compared to the previous year.
The company has a workforce of approximately 29 employees as per the latest available data. It operates as a subsidiary of Incred Capital Wealth Portfolio Managers Private Limited.
The company is associated with 1 brand - Incred Equities.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website incredsecurities.com.
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Registered AddressUnit No. 1203 12Th Floor B Wing The Capital Plot No. C – 70, G Block Bandra – Kurla Complex Bandra East Mumbai, Maharashtra, India – 400051
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IndustryFinancial Services, Brokerage & Trading Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Incred Research Services Private Limited
Incred Research Services Private Limited operates one associated brand: Incred Equities. These brands represent Incred Research Services Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Equity research and recommendations are delivered to institutional clients. | incredequities.com |
Competitors & Alternatives of Incred Research Services Private Limited
Brands and companies operating in the same space as Incred Research Services Private Limited include The Motley Fool, Seeking Alpha, Univest and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Financial education and investment advice are offered to investors online. | Alexandria, United States, United States | 1993 |
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Equity research is crowdsourced from investors for stock markets. | New York, United States, United States | 2004 |
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Stock market recommendations and trade execution services are offered. | Gandhinagar, India, India | 2022 |
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App-based platform connects equity analysts to institutional investors. | Singapore, Singapore, Singapore | 2014 |
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Stock data is visualized graphically as snowflakes for investors. | Sydney, Australia, Australia | 2014 |
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Business and financial news is delivered through a dedicated website. | New York, United States, United States | 1997 |
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Business news, market data, and stock analysis are delivered online. | New York, United States, United States | 1996 |
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Provider of insights through consumer transaction data and spending behavior analysis | New York, United States, United States | 2009 |
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Quantitative trading firm with a focus on technology and collaborative problem solving | New York, United States, United States | 2000 |
Business Activity of Incred Research Services Private Limited
Incred Research Services Private Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Incred Research Services Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Incred Research Services Private Limited
Incred Research Services Private Limited is audited by S R BATLIBOI & ASSOCIATES LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
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| S R BATLIBOI & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history for Incred Research Services Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Incred Research Services Private Limited
Incred Research Services Private Limited is currently managed by 2 directors, with 7 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
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Nitin Subramanya Rao
Also directs:
2An Consultants Llp, Alpha Fintech Private Limited, Incred Wealth And Investment Services Private Limited and 1 more
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Director | 23 Dec 2020 | 5 Years 6 Months | Current |
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Prateek Indwar
Also directs:
Incred Capital Wealth Portfolio Managers Private Limited
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Director | 28 Dec 2023 | 2 Years 6 Months | Current |
Financials of Incred Research Services Private Limited FY 2025 filings available
Incred Research Services Private Limited reported revenue of ₹19.67 Cr (down 11.00% YoY) for FY 2025.
Ten-year financial statements for Incred Research Services Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Incred Research Services Private Limited
Shareholding and ownership data for Incred Research Services Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings Incred Research Services Private Limited
Incred Research Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Incred Research Services Private Limited
Incred Research Services Private Limited has a workforce of 29 employees as of Apr 06, 2024.
Employee and EPFO history for Incred Research Services Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Incred Research Services Private Limited
GST registrations and filing compliance for Incred Research Services Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Incred Research Services Private Limited
Credit ratings, litigation, and regulatory alerts for Incred Research Services Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Incred Research Services Private Limited
MSME payment history for Incred Research Services Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Incred Research Services Private Limited
Corporate group structure for Incred Research Services Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Incred Research Services Private Limited
MCA filings and documents for Incred Research Services Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Incred Research Services Private Limited
Recent News on Incred Research Services Private Limited
Frequently Asked Questions about Incred Research Services Private Limited
Incred Research Services Private Limited is an active private limited company in the financial services sector based in Bandra, Maharashtra, India. It was incorporated on 09 November 2016 (10+ years old) and is registered under CIN U74999MH2016PTC287535. The company has 29 employees.
Incred Research Services Private Limited reported revenue of ₹19.67 Cr for FY 2025 (down 11.00% YoY).
The current directors of Incred Research Services Private Limited are:
- Nitin Subramanya Rao - Director
- Prateek Indwar - Director
The primary industry of Incred Research Services Private Limited is financial services. The company specifically operates in brokerage and trading services. The company is currently active in this sector.
Incred Research Services Private Limited can be reached at the registered office: Unit No. 1203 12Th Floor B Wing The Capital Plot No. C – 70, G Block Bandra – Kurla Complex Bandra East Mumbai, Maharashtra, India – 400051, or through the website incredsecurities.com.
The authorised capital is ₹19 Cr, and the paid-up capital is ₹18.26 Cr.