
About Indexer Corporate Services Private Limited
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Indexer Corporate Services Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 19 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2011PTC141694.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors Ashish Sunit Mulay (Managing Director) and Devangi Ashish Mulay.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 304 Nrusinha Sadan 1087 Sadashiv Peth Bajirao Road, Pune, Maharashtra, India – 411030.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.36 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹2.47 Lakh (net margin -1.8%) and EBITDA of -₹1.17 Lakh (EBITDA margin -0.9%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 19% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indexer.co.in.
Company details
Contact details
Indexer Corporate Services Private Limited's registered office is in Pune, Maharashtra. Its website is indexer.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address304 Nrusinha Sadan 1087 Sadashiv Peth Bajirao Road, Pune, Maharashtra, India – 411030
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Indexer Corporate Services Private 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 activity of Indexer Corporate Services is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Indexer Corporate Services Private Limited, buy the company report.
Financials of Indexer Corporate Services Private Limited
FY 2025 filings availableIndexer Corporate Services Private Limited reported revenue of ₹1.36 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 10% fall in the latest year. EBITDA rose 93% 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 | -₹1.17 Lakh | ||||
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| Net Profit (PAT) | -₹2.47 Lakh | ||||
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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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| EBITDA Margin | -0.9% | ||||
| Net Profit Margin | -1.8% | ||||
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To see the full financial statements and ratios of Indexer Corporate Services Private Limited, buy the company report.
Board of directors of Indexer Corporate Services Private Limited
Indexer Corporate Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devangi Ashish Mulay | Director | 26 Aug 2013 | 13 Years 2 Months | Current |
| Ashish Sunit Mulay | Managing Director | 19 Dec 2011 | 14 Years 10 Months | Current |
Peer comparison
Indexer Corporate Services Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Broking Services), with the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pagashka Services India Private Limited | ₹1.37 Cr (FY 2025) | -77.0% | Mumbai, Maharashtra, India | |||
| Indexer Corporate Services Private Limitedthis company | ₹1.36 Cr (FY 2025) | -₹2.47 Lakh | -1.8% | -10.0% | Pune, Maharashtra, India | |
| Vivansh Imf and Financial Services Private Limited | ₹1.36 Cr (FY 2024) | 432.0% | Pune, Maharashtra, India | |||
| Stellar Securities Private Limited | ₹1.36 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Indexer Corporate Services Private Limited, buy the company report.
Auditor
Indexer Corporate Services Private Limited is audited by NEEREN RANADIVE & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NEEREN RANADIVE & ASSOCIATES | FY 2017 | 127604W |
Shareholding
The shareholding of Indexer Corporate Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Indexer Corporate Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Indexer Corporate Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indexer Corporate Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Indexer Corporate Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Indexer Corporate Services Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Devangi Ashish Mulay ceased to be Additional Director on 30 Sep 2013.
Frequently asked questions
Indexer Corporate Services is an active private limited company based in Pune, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 19 December 2011 (15+ years old) and is registered under CIN U74900PN2011PTC141694.
Indexer Corporate Services has 2 current directors:
- Ashish Sunit Mulay - Managing Director
- Devangi Ashish Mulay - Director
The latest financial statements of Indexer Corporate Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Indexer Corporate Services is U74900PN2011PTC141694. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indexer Corporate Services was incorporated on 19 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Indexer Corporate Services by revenue are Pagashka Services India Private Limited, Vivansh Imf and Financial Services Private Limited, Stellar Securities Private Limited, all in the BFSI industry (Broking Services), with the same principal business activity (activities auxiliary to financial service and insurance activities).
Devangi Ashish Mulay ceased to be Additional Director on 30 Sep 2013. Manjusha Sunit Mulay ceased to be Additional Director on 29 Sep 2013. Devangi Ashish Mulay was appointed as Director on 26 Aug 2013. Indexer Corporate Services has 5 board changes on record in total.
Indexer Corporate Services can be reached through the website indexer.co.in. Its registered office is in Pune, Maharashtra, India.
The registered office of Indexer Corporate Services is at 304 Nrusinha Sadan 1087 Sadashiv Peth Bajirao Road, Pune, Maharashtra, India – 411030.
Indexer Corporate Services operates in the financial services industry, in the brokerage and trading services segment.
The compliance status of Indexer Corporate Services is compliant as of 03 August 2026. The company is actively filing with the Registrar of Companies.

