Indoco Capital Markets Limited

Indoco Capital Markets Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U65923MH1995PLC085386 Incorporated 08 February 1995 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company financial services
Data last updated
Revenue · FY 2025
₹5.36 Lakh
▲ 6% YoY
Net profit · FY 2025
₹2.07 Lakh
Net margin 38.6%
EBITDA · FY 2025
₹3.39 Lakh
EBITDA margin 63.3%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹5.01 Lakh
Issued & subscribed
Open charges
₹4.99 Lakh
Secured borrowings
Company age
31 yrs
Est. 1995
Directors on board
3
As per MCA filings

About Indoco Capital Markets Limited

Data last updated:

Indoco Capital Markets Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 08 February 1995 and has been in existence for over 31 years.

Its director Suresh G Kare is #1,673 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65923MH1995PLC085386.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5.01 Lakh. It is led by directors including Madhura Anup Ramani and Aruna Kare Suresh.

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 166 Cst Rd Vidyanagri Margkalina Santacruz (East), Mumbai, Maharashtra, India – 400098.

As per the financials filed for FY 2025, the company reported a revenue of ₹5.36 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹2.07 Lakh (net margin 38.6%) and EBITDA of ₹3.39 Lakh (EBITDA margin 63.3%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 1% over five years.

As per MCA filings, the company has open charges of ₹4.99 Lakh on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indoco.com.

Company details

CIN U65923MH1995PLC085386
Registration Number 085386
Incorporation Date 08 February 1995
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Madhura Anup Ramani Director Aruna Kare Suresh Director Suresh Govind Kare Director

Recognitions & Rankings of Indoco Capital Markets

India's Richest People 2026 edition · 1 director · Source: Hurun India

Contact details

Indoco Capital Markets Limited's registered office is in Mumbai, Maharashtra. Its website is indoco.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    indoco.com
  • Social Media
  • Registered Address
    166 Cst Rd Vidyanagri Margkalina Santacruz (East), Mumbai, Maharashtra, India – 400098
  • Industry
    Financial Services, Financial Activities

To see the full contact details of Indoco Capital Markets Limited, buy the company report.

Comprehensive company report
Indoco Capital Markets Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Indoco Capital Markets is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance activities64Financial service activities, except insurance and pension funding

To see the full business activity and turnover split of Indoco Capital Markets Limited, buy the company report.

Financials of Indoco Capital Markets Limited

FY 2025 filings available

Indoco Capital Markets Limited reported revenue of ₹5.36 Lakh (up 6% YoY) for FY 2025.

Revenue · FY 2025
₹5.36 Lakh ▲ 6%
Net profit · FY 2025
₹2.07 Lakh margin 38.6%
EBITDA · FY 2025
₹3.39 Lakh margin 63.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 11%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 25%
5 years · compounded
▼ 1%

Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 6% growth in the latest year. EBITDA rose 22% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹3.39 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.07 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin63.3%
Net Profit Margin38.6%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Indoco Capital Markets Limited, buy the company report.

Board of directors of Indoco Capital Markets Limited

Indoco Capital Markets has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Madhura Anup Ramani
Also directs: Shanteri Investment Private Limited, A K Services & Agency Private Limited, Xtend Industrial Designers and Engineers Private Limited
Director08 Feb 199531 Years 8 MonthsCurrent
Aruna Kare Suresh
Also directs: Spa Holdings Private Limited, Shanteri Investment Private Limited, A K Services & Agency Private Limited and 1 more
Director08 Feb 199531 Years 8 MonthsCurrent
Suresh Govind Kare
Also directs: Indoco Remedies Limited, Spa Holdings Private Limited, Warren Remedies Private Limited and 1 more
Director01 Jun 199828 Years 5 MonthsCurrent
View all directors

Peer comparison

Indoco Capital Markets Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial service activities, except insurance and pension funding), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Akshar Financial Consultants Private Limited₹5.44 Lakh (FY 2024)28.0%New Delhi, Delhi, India
Kimaya Wellness Limited₹5.44 Lakh (FY 2025)Mumbai, Maharashtra, India
Fast Finsure Private Limited₹5.42 Lakh (FY 2025)112.0%Mumbai, Maharashtra, India
MBNK Consulting Private Limited₹5.41 Lakh (FY 2025)199.0%Mumbai, Maharashtra, India
Gobill Prime Wealth Private Limited₹5.38 Lakh (FY 2025)1322.0%Coimbatore, Tamil Nadu, India
Indoco Capital Markets Limitedthis company₹5.36 Lakh (FY 2025)₹2.07 Lakh38.6%6.0%Mumbai, Maharashtra, India
24X7 Pitchbiz Consultant Private Limited₹5.35 Lakh (FY 2023)693.0%Jaipur, Rajasthan, India
Hooghly Trust Pvt Ltd₹5.31 Lakh (FY 2025)9.0%Kolkata, West Bengal, India
Woodland Financial Services Private Limited₹5.3 Lakh (FY 2025)-42.0%Delhi, India
GNG Finvest Services Private Limited₹5.24 Lakh (FY 2025)6.0%New Delhi, Delhi, India
Sova Finserv Private Limited₹5.19 Lakh (FY 2025)-76.0%Kolkata, West Bengal, India

To see the full peer comparison of Indoco Capital Markets Limited, buy the company report.

Auditor

Indoco Capital Markets Limited is audited by D S MAHAMBRE & CO for the financial year 2017.

Auditor firmFinancial yearFirm registration number
D S MAHAMBRE & COFY 2017105754W

Shareholding

The shareholding of Indoco Capital Markets 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 categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Indoco Capital Markets Limited, buy the company report.

Charges & borrowings

Open charges
₹4.99 Lakh
Satisfied charges
None
Breakdown by lending institutions
The Saraswar Co-Operative Bank Led₹0.05 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Aug 199590215460The Saraswar Co-Operative Bank Led₹2.7 LakhOpen
29 Jun 199590215454The Saraswar Co-Operative Bank Led₹2.29 LakhOpen

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Indoco Capital Markets 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 Indoco Capital Markets Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Indoco Capital Markets Limited has 5 board changes on record since 1995: 3 appointments and 2 cessations. The latest: Suresh Camotin Bambolkar ceased to be Director on 18 Jul 2011.

AGM
Indoco Capital Markets Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Indoco Capital Markets Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Suresh Camotin Bambolkar ceased to be Director.
Appointed
Suresh Govind Kare was appointed as Director.
Charges
A charge with The Saraswar Co-Operative Bank Led amounted to Rs. 2.70 Lakh with Charge ID 90215460 was registered on 14 Aug 1995.
Charges
A charge with The Saraswar Co-Operative Bank Led amounted to Rs. 2.29 Lakh with Charge ID 90215454 was registered on 29 Jun 1995.
Appointed
Aruna Kare Suresh was appointed as Director.
Appointed
Madhura Anup Ramani was appointed as Director.
Ceased
Sundeep Vasant Bambolkar ceased to be Director.
Incorporation
08 Feb 1995
Indoco Capital Markets Limited was registered on 08 Feb 1995 with Roc Mumbai I & aged 31 years 8 months as per MCA records.

News

Frequently asked questions

Indoco Capital Markets is an active public limited company based in Mumbai, Maharashtra, India. The company works in financial activities, within the financial services industry. It was incorporated on 08 February 1995 (31+ years old) and is registered under CIN U65923MH1995PLC085386.

Indoco Capital Markets has 3 current directors:

The latest financial statements of Indoco Capital Markets 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 Indoco Capital Markets is U65923MH1995PLC085386. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Indoco Capital Markets was incorporated on 08 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Indoco Capital Markets by revenue are Akshar Financial Consultants Private Limited, Kimaya Wellness Limited, Fast Finsure Private Limited, MBNK Consulting Private Limited, Gobill Prime Wealth Private Limited and 5 more, all in the same principal business activity (financial service activities, except insurance and pension funding).

Suresh Camotin Bambolkar ceased to be Director on 18 Jul 2011. Suresh Govind Kare was appointed as Director on 01 Jun 1998. Aruna Kare Suresh was appointed as Director on 08 Feb 1995. Indoco Capital Markets has 5 board changes on record in total.

Indoco Capital Markets can be reached through the website indoco.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Indoco Capital Markets is at 166 Cst Rd Vidyanagri Margkalina Santacruz East, Mumbai, Maharashtra, India – 400098.

Indoco Capital Markets operates in the financial services industry, in the financial activities segment.

Indoco Capital Markets has open charges of ₹4.99 Lakh and no satisfied charges on record as per latest MCA filings.