About Inditrade Capital Limited
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Inditrade Capital Limited is a public limited company based in Kochi, Kerala, India, a subsidiary of Juno Moneta Technologies Private Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 17 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN L67120KL1994PLC008265. Its GSTIN is 32AAACJ7327G1ZU (Kerala). The company holds 6 GST registrations, all of them active. It is recorded as listed by MCA, but trading in its shares on BSE (532745) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹23.35 Cr. It was formerly known as Jrg Securities Limited and Jrg Associates Private Limited. It is led by directors including Jhuma Guha and Sudip Bandyopadhyay.
Its last annual general meeting (AGM) was held on 08 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Second Floor M E S Building Kaloor, Kochi, Kerala, India – 682017.
As per the financials filed for FY 2024, the company reported a revenue of ₹177.44 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹3.12 Cr (net margin 1.8%) and EBITDA of ₹39.68 Cr (EBITDA margin 22.4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 18% over five years.
The company has about 2 employees on its provident fund (EPFO) records. Its group structure includes 6 subsidiaries.
The company is associated with 1 brand: Inditrade. As per MCA filings, the company has open charges of ₹40 Cr and satisfied charges of ₹98.45 Cr on record. Court records list 101 cases involving the company, including 85 filed by the company and 16 filed against it; 10 cases are pending. The company has 33 deals on record (27 market trades, 4 funding rounds, 1 acquisition), with disclosed funding of ₹158.75 Cr; the latest was in January 2025. Its 6 peer companies in the BFSI industry (Other Financial Services), with the same principal business activity (financial advisory, brokerage and consultancy services) are compared by revenue, 4 larger and 2 smaller; the largest is White Oak Investment Management Private Limited with revenue of ₹181.73 Cr. The company has 3 MSME Form 1 returns on record between 2023 and 2024, listing 15 overdue payments to 3 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website inditrade.com.
Company details
Name history
Inditrade Capital has undergone 2 name changes throughout its history. The company was previously known as Jrg Securities Limited, and Jrg Associates Private Limited. The current legal name is Inditrade Capital Limited.
| Company Name | Status |
|---|---|
| Inditrade Capital Limited | Current |
| Jrg Securities Limited | Previous |
| Jrg Associates Private Limited | Previous |
CIN history
Inditrade Capital has one previous CIN (Corporate Identification Number): U67120KL1994PLC008265. The current CIN is L67120KL1994PLC008265, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L67120KL1994PLC008265 | Current |
| U67120KL1994PLC008265 | Previous |
Contact details
Inditrade Capital Limited's registered office is in Kochi, Kerala. Its website is inditrade.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSecond Floor M E S Building Kaloor, Kochi, Kerala, India – 682017
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Inditrade Capital 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
Brands
Inditrade Capital operates one associated brand: Inditrade. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Stock broking, agri commodity financing, and microfinance services are provided. | inditrade.com |
Financials of Inditrade Capital Limited
FY 2024 filings availableInditrade Capital Limited reported revenue of ₹177.44 Cr (down 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA rose 86% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹39.68 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.12 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.4% | ||||
| Net Profit Margin | 1.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Inditrade Capital Limited, buy the company report.
Board of directors of Inditrade Capital Limited
Inditrade Capital has 3 current directors and 33 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jhuma Guha Also directs: Inditrade Fincorp Limited, Inditrade Scalerator Limited, Inditrade Microfinance Limited and 3 more | Director | 15 Feb 2016 | 10 Years 8 Months | Current |
| Sudip Bandyopadhyay Also directs: VST Industries Limited, Inditrade Fincorp Limited, Inditrade Rural Marketing Limited and 4 more | Director | 10 Mar 2021 | 5 Years 8 Months | Current |
| Subroto Chattopadhyay | Director | 21 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Inditrade Capital Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| White Oak Investment Management Private Limited | ₹181.73 Cr (FY 2025) | -2.0% | Mumbai, Maharashtra, India | |||
| RNG Finlease Pvt Ltd | ₹181.49 Cr (FY 2025) | 4.0% | Lodhika, Gujarat, India | |||
| Black Rock Financial Services Private Limited | ₹180.71 Cr (FY 2025) | 66.0% | Ahmedabad, Gujarat, India | |||
| Fia Technology Services Private Limited | ₹178.17 Cr (FY 2025) | 8.0% | Gurgaon, Haryana, India | |||
| Inditrade Capital Limitedthis company | ₹177.44 Cr (FY 2024) | ₹3.12 Cr | 1.8% | -1.0% | 2 | Kochi, Kerala, India |
| Ardom Holdings Private Limited | ₹176.63 Cr (FY 2025) | 15.0% | Gurgaon, Haryana, India | |||
| Amity Infotech Private Limited | ₹173.4 Cr (FY 2024) | 5771.0% | New Delhi, Delhi, India |
To see the full peer comparison of Inditrade Capital Limited, buy the company report.
Auditor
Inditrade Capital Limited is audited by HARIBHAKTHI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARIBHAKTHI & CO | FY 2023 | 103523W/W100048 |
Shareholding
The shareholding of Inditrade Capital 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Inditrade Capital Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Feb 2022 | 100536047 | Others | ₹20 Cr | Open | |
| 25 Jun 2020 | 100343492 | Sidbi | ₹20 Cr | Open | |
| 07 Jul 2017 | 100114229 | State Bank of India | ₹50 Cr | Satisfied | |
| 21 Jun 2010 | 10232347 | Hdfc Bank Limited | ₹5 Cr | Satisfied | |
| 21 Nov 2008 | 10132799 | The Federal Bank Limited | ₹20 Cr | Satisfied |
To see the full charge records of Inditrade Capital Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Inditrade Capital Limited has 33 deals on record (27 market trades, 4 funding rounds, 1 acquisition), with disclosed funding of ₹158.75 Cr; the latest was in January 2025.
Deals on record (5 of 33)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2024 | Market trade | ₹24.9 Lakh | Seller: Mayaprime Finance Private Limited |
| Nov 2024 | Market trade | ₹33.9 Lakh | Seller: Mayaprime Finance Private Limited |
| Nov 2024 | Market trade | ₹17.1 Lakh | Seller: Mayaprime Finance Private Limited |
| Jun 2024 | Market trade | ₹5.86 Cr | Buyer: Setu Securities Private Limited , Multiplier Share and Stock Advisors Private Limited , Evermore Share Broking Private Limited Seller: Mufin Green Finance Limited , Setu Securities Private Limited , Evermore Share Broking Private Limited |
| Jun 2024 | Market trade | ₹1.95 Cr | Buyer: Manglam Financial Services, Multiplier Share and Stock Advisors Private Limited , an individual Seller: Multiplier Share and Stock Advisors Private Limited , Mansi Share and Stock Broking Private Limited , Manglam Financial Services |
To see the full deal history of Inditrade Capital 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
Inditrade Capital Limited has 101 court cases on record: 85 filed by Inditrade Capital, 16 filed against it. 10 cases are pending and 91 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 83 | 12 | 8 |
| High courts | 11 | 3 | 2 |
| Supreme Court | 7 | 1 | 0 |
Cases on record (5 of 101)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against National Stock Exchange of India Ltd., Hyd and 17 Others and 17 others | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Remerge Management LLP Managing Partner Prasanna Kumar Sabat | Disposed |
| District court, Srikakulam, Andhra Pradesh | Criminal miscellaneous application | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Mas Financial Services Limited Through Its Autho. Signatory Mukul Anand | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Mas Financial Services Limited | Pending |
To see the full case history of Inditrade Capital 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
Inditrade Capital Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 15 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Nmah and Co. | |||
| Iron Mountain India (P) Ltd | |||
| Biz Equip Advisory LLP |
To see the full MSME payment records of Inditrade Capital Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Inditrade Capital has 6 subsidiary companies and 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Inditrade Fincorp Limited | U65923KL2007PLC021180 | |
| Inditrade Microfinance Limited | U67190MH2016PLC306585 | |
| Inditrade Technologies Limited | U72100MH2018PLC307208 | |
| Inditrade Scalerator Limited | U74110TG2011PLC077783 | |
| Inditrade Business Consultants Limited | U74140KL2008PLC023055 | |
| Inditrade Community Foundation | U85320KL2018NPL052582 |
To see the full group structure of Inditrade Capital Limited, buy the company report.
Employees & EPFO
Inditrade Capital Limited has a workforce of 2 employees on its EPFO records as of Sep 2024, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2024-25 | 2 |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Inditrade Capital Limited, buy the company report.
GST
Inditrade Capital has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACJ7327G1ZU | Kerala | Active | 01 Jul 2017 |
| 36AAACJ7327G1ZM | Telangana | Active | 29 Jun 2017 |
| 27AAACJ7327G1ZL | Maharashtra | Active | 01 Jul 2017 |
| 29AAACJ7327G1ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Inditrade Capital Limited, buy the company report.
Recent activity
Inditrade Capital Limited has 60 board changes on record since 1994: 32 appointments and 28 cessations. The latest: Subroto Chattopadhyay was appointed as Director on 21 Aug 2025.
82 earlier events are in the company report.
News
Frequently asked questions
Inditrade Capital is an active public limited company based in Kochi, Kerala, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 17 October 1994 (32+ years old) and is registered under CIN L67120KL1994PLC008265.
Inditrade Capital has 3 current directors:
- Jhuma Guha - Director
- Sudip Bandyopadhyay - Director
- Subroto Chattopadhyay - Director
The latest financial statements of Inditrade Capital on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 08 August 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Inditrade Capital is 32AAACJ7327G1ZU, registered in Kerala. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 36AAACJ7327G1ZM (Telangana), 27AAACJ7327G1ZL (Maharashtra), 29AAACJ7327G1ZH (Karnataka).
The CIN (Corporate Identification Number) of Inditrade Capital is L67120KL1994PLC008265. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Inditrade Capital is recorded as a listed company by MCA, but trading in its shares on BSE (532745) has been suspended, so they do not currently trade on a stock exchange.
Inditrade Capital has 101 court cases on record: 85 filed by the company and 16 filed against it. 10 are pending. Most are in the district courts.
Inditrade Capital was incorporated on 17 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ernakulam.
Inditrade Capital has 33 deals on record (27 market trades, 4 funding rounds, 1 acquisition), with disclosed funding of ₹158.75 Cr; the latest was in January 2025.
The peers of Inditrade Capital by revenue are White Oak Investment Management Private Limited, RNG Finlease Pvt Ltd, Black Rock Financial Services Private Limited, Fia Technology Services Private Limited, Ardom Holdings Private Limited and 1 more, all in the BFSI industry (Other Financial Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Subroto Chattopadhyay was appointed as Director on 21 Aug 2025. Radhakrishna Nair ceased to be Director on 30 May 2025. Biju Sreeramachandran ceased to be CFO on 16 May 2025. Inditrade Capital has 60 board changes on record in total.
Inditrade Capital has 3 MSME Form 1 returns on record between 2023 and 2024, listing 15 overdue payments to 3 micro and small suppliers. The latest return was filed on 30 Apr 2024.
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