About Indian Direct Equity Advisors Private Limited
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Indian Direct Equity Advisors Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 14 July 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH1999PTC120805. Its GSTIN is 27AAACI5019G1ZT (Maharashtra).
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹9.68 Lakh. It is led by directors including Mallika Sanjaya Kulkarni and Abhishek Sanjaya Kulkarni.
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 A/12 Technocraft Society Twin Tower Lane Prabhadevi, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.42 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹22.06 Lakh (net margin 15.5%) and EBITDA of ₹51.23 Lakh (EBITDA margin 36%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹4.92 Lakh on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ideaequity.com.
Company details
Contact details
Indian Direct Equity Advisors Private Limited's registered office is in Mumbai, Maharashtra. Its website is ideaequity.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressA/12 Technocraft Society Twin Tower Lane Prabhadevi, Mumbai, Maharashtra, India – 400025
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Indian Direct Equity Advisors 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 Indian Direct Equity Advisors 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 Indian Direct Equity Advisors Private Limited, buy the company report.
Financials of Indian Direct Equity Advisors Private Limited
FY 2025 filings availableIndian Direct Equity Advisors Private Limited reported revenue of ₹1.42 Cr (down 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 36% fall in the latest year. EBITDA fell 60% 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 | ₹51.23 Lakh | ||||
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| Net Profit (PAT) | ₹22.06 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36% | ||||
| Net Profit Margin | 15.5% | ||||
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To see the full financial statements and ratios of Indian Direct Equity Advisors Private Limited, buy the company report.
Board of directors of Indian Direct Equity Advisors Private Limited
Indian Direct Equity Advisors has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mallika Sanjaya Kulkarni Also directs: Og Agritech Private Limited | Director | 21 Mar 2016 | 10 Years 7 Months | Current |
| Abhishek Sanjaya Kulkarni Also directs: Og Agritech Private Limited, SL Poultry Private Limited | Director | 21 Mar 2016 | 10 Years 7 Months | Current |
| Sanjaya Shrikrishna Kulkarni Also directs: TPL Plastech Limited, Time Technoplast Limited, Supreme Treon Private Limited and 1 more | Director | 14 Jul 1999 | 27 Years 3 Months | Current |
| Shaila Kulkarni Sanjaya | Director | 14 Jul 2006 | 20 Years 3 Months | Current |
Auditor
Indian Direct Equity Advisors Private Limited is audited by SHRENIK N BAMB & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHRENIK N BAMB & ASSOCIATES | FY 2021 | 120548W |
Shareholding
The shareholding of Indian Direct Equity Advisors Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Indian Direct Equity Advisors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2000 | 90142791 | The Hongkong and Shangahai Banking Corp. Ltd | ₹2.08 Lakh | Open | |
| 30 Nov 1999 | 90142618 | The Hongkong and Shangahai Banking Corp. Ltd | ₹2.84 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Indian Direct Equity Advisors Private Limited has 3 court cases on record: 2 filed by Indian Direct Equity Advisors, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Greenstone Investments Pvt Ltd Through Venkatesh Kamath | Pending |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
To see the full case history of Indian Direct Equity Advisors 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 Indian Direct Equity Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indian Direct Equity Advisors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI5019G1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indian Direct Equity Advisors Private Limited, buy the company report.
Recent activity
Indian Direct Equity Advisors Private Limited has 6 board changes on record since 1999: 4 appointments and 2 cessations. The latest: Abhishek Sanjaya Kulkarni ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
Indian Direct Equity Advisors is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 14 July 1999 (27+ years old) and is registered under CIN U74140MH1999PTC120805.
Indian Direct Equity Advisors has 4 current directors:
- Mallika Sanjaya Kulkarni - Director
- Abhishek Sanjaya Kulkarni - Director
- Sanjaya Shrikrishna Kulkarni - Director
- Shaila Kulkarni Sanjaya - Director
The latest financial statements of Indian Direct Equity Advisors 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 GSTIN of Indian Direct Equity Advisors is 27AAACI5019G1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Indian Direct Equity Advisors is U74140MH1999PTC120805. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indian Direct Equity Advisors has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Indian Direct Equity Advisors was incorporated on 14 July 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Abhishek Sanjaya Kulkarni ceased to be Additional Director on 30 Sep 2016. Mallika Sanjaya Kulkarni ceased to be Additional Director on 30 Sep 2016. Abhishek Sanjaya Kulkarni was appointed as Director on 21 Mar 2016. Indian Direct Equity Advisors has 6 board changes on record in total.
Indian Direct Equity Advisors can be reached through the website ideaequity.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Indian Direct Equity Advisors is at A12 Technocraft Society Twin Tower Lane Prabhadevi, Mumbai, Maharashtra, India – 400025.
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