Indbank Merchant Banking Services Limited, a active public limited company, was established on 11 August 1989 in Chennai, Tamil Nadu, India. Engaging in investment banking & advisory within the financial and insurance service sector, it holds CIN: L65191TN1989PLC017883. Registered under ROC Roc Chennai. it is listed on BSE: 511473 and NSE: INDBANK. It has an authorized capital of ₹100.00 Cr and a paid-up capital of ₹44.38 Cr.
It upholds a compliant status. In 2023, it reported revenue of ₹21.35 Cr and a net worth of ₹74.51 Cr. Employing 97 professional, Its leadership includes Padma Sridharan (Director), Haribabu (Whole-Time Director), Sunil Jain (Nominee Director). Past directors included Varanasi Ramagopal, Raja Jesudoss Chelliah, Parthasarathy Mugundan. It holds ₹60.00 Cr open charges and no settled loans. Its latest AGM occurred on 18 September 2025, with the balance sheet filed on 31 March 2025. It is based at I Floor, Khivraj Complex I No.480, Anna Salai, Nandanam, Chennai, Tamil Nadu, 600035.
L65191TN1989PLC017883
017883
11 August 1989
₹100.00 Cr
₹44.38 Cr
Roc Chennai
Listed (BSE: 511473, NSE: INDBANK)
Active
Explore comprehensive insights into Indbank Merchant Banking Services Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Padma Sridharan | Director | 17 Aug 2024 | Current |
| Haribabu | Whole-Time Director | 28 Feb 2022 | Current |
| Sunil Jain | Nominee Director | 22 Jul 2022 | Current |
| Vaijinath Gavarshetty | Director | 19 Jul 2019 | Current |
| Vadakke Anavanghot Prasanth | Director | 17 Aug 2024 | Current |
| Ashutosh Choudhury | Nominee Director | 20 Jun 2024 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Additional Director | 03 Jun 2011 | Past |
| Pramod Abcsdd | Director | 07 Apr 2009 | Past |
| Pramod Abcsdd | Company Secretary | 30 Jun 2012 | Past |
| Pramod Abcsdd | Whole-Time Director | 26 May 2011 | Past |
| Pramod Abcsdd | Additional Director | 29 Sep 2020 | Past |
| Pramod Abcsdd | Whole-Time Director | 21 Oct 2008 | Past |
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Indbank Merchant Banking Services Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.96% decrease. The company also saw a substantial fall in profitability, with a 49.71% decrease in profit. The company's net worth moved up by a moderate rise of 4.74%.
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In 2023, Indbank Merchant Banking Services had a promoter holding of 64.84% and a public holding of 35.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹600,000,000.00
₹0
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Feb 1998 | South Indian Bank Ltd. | ₹40.00 Cr | Open |
| 15 Dec 1994 | The Federal Bank Ltd. | ₹20.00 Cr | Open |
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Indbank Merchant Banking Services has a workforce of 97 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Gain comprehensive insights into the Deals and Valuation data of Indbank Merchant Banking Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Indbank Merchant Banking Services's trajectory.
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Indbank Merchant Banking Services Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records. was recorded as a recent event.
Progress on Mamidi Srinivasan Balaji was appointed as a Cfo was appointed as a Cfo on 13 Aug 2025 & has been associated with this company since 3 months 19 days . was documented.
The activity Indbank Merchant Banking Services Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai. was completed.
The activity Padma Sridharan was appointed as a Director was appointed as a Director on 17 Aug 2024 & has been associated with this company since 1 year 3 months . was completed.
The activity Vadakke Anavanghot Prasanth was appointed as a Director was appointed as a Director on 17 Aug 2024 & has been associated with this company since 1 year 3 months . was completed.
Progress on Ashutosh Choudhury was appointed as a Nominee Director was appointed as a Nominee Director on 20 Jun 2024 & has been associated with this company since 1 year 5 months . was documented.
The CIN of Indbank Merchant Banking Services Limited is L65191TN1989PLC017883.
Indbank Merchant Banking Services Limited is headquartered at I Floor, Khivraj Complex I No.480, Anna Salai, Nandanam, Chennai, Tamil Nadu, 600035.
Indbank Merchant Banking Services Limited was incorporated on 11 August 1989.
The current directors of Indbank Merchant Banking Services Limited are
The primary industry of Indbank Merchant Banking Services Limited is Financial And Insurance Service.
Indbank Merchant Banking Services Limited is listed. It is listed on BSE: 511473 and NSE: INDBANK.
The authorized capital of Indbank Merchant Banking Services Limited is ₹100.00 Cr, and the paid-up capital is ₹44.38 Cr.
The compliance status of Indbank Merchant Banking Services Limited is Compliant.
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