
Indocoins Capital Markets Private Limited
About Indocoins Capital Markets Private Limited
Data last updated:
Indocoins Capital Markets Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial brokerage segment of the financial services sector. It was incorporated on 08 August 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH2007PTC172972.
The company had an authorised share capital of ₹70 Lakh and a paid-up capital of ₹70 Lakh. It was formerly known as Devkrupa Multitrade Private Limited. It was led by directors Shashi Aneel Jain and Aneel Banwari Jain.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at A6 Mittal Estate Bldg. No. 2 Andheri – Kurla Road Andheri (E), Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2018, the company reported a revenue of ₹55.31 Lakh, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹3.78 Lakh (net margin 6.8%) and EBITDA of ₹5.63 Lakh (EBITDA margin 10.2%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years.
The company was associated with 1 brand: Indo-City.
Company details
Contact details
Indocoins Capital Markets Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA6 Mittal Estate Bldg. No. 2 Andheri – Kurla Road Andheri (E), Mumbai, Maharashtra, India – 400059
- IndustryFinancial Services, Financial Brokerage, Advisory, Consultancy
To see the full contact details of Indocoins Capital Markets 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
Brands
Indocoins Capital Markets operates one associated brand: INDO-CITY. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Investment management services are provided by INDO-CITY in Mumbai. | indocity.co |
Business activity
The main business activity of Indocoins Capital Markets is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Indocoins Capital Markets Private Limited, buy the company report.
Financials of Indocoins Capital Markets Private Limited
FY 2018 filings availableIndocoins Capital Markets Private Limited reported revenue of ₹55.31 Lakh (down 21% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over three years, including a 21% fall in the latest year. EBITDA fell 34% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹5.63 Lakh | |||
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| Net Profit (PAT) | ₹3.78 Lakh | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | 10.2% | |||
| Net Profit Margin | 6.8% | |||
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To see the full financial statements and ratios of Indocoins Capital Markets Private Limited, buy the company report.
Board of directors of Indocoins Capital Markets Private Limited
Indocoins Capital Markets has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashi Aneel Jain Also directs: Indo-City Infotech Limited, Towermatic Plastics Pvt Ltd, Abj Developers Private Limited. and 1 more | Director | 11 Nov 2009 | 17 Years 0 Months | As last reported |
| Aneel Banwari Jain Also directs: Indo-City Infotech Limited, Towermatic Plastics Pvt Ltd, Abj Developers Private Limited. and 1 more | Director | 09 Oct 2009 | 17 Years 1 Months | As last reported |
Peer comparison
Indocoins Capital Markets Private Limited is compared with the 9 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Aarisha Syndicate Private Limited (OPC) | ₹55.51 Lakh (FY 2025) | -5.0% | Ranchi, Jharkhand, India | |||
| Xenturion Fintech Private Limited | ₹55.49 Lakh (FY 2025) | -49.0% | Kochi, Kerala, India | |||
| Awoke India Consultants Private Limited | ₹55.47 Lakh (FY 2023) | 7.0% | Lucknow, Uttar Pradesh, India | |||
| Physical Shares Solution Private Limited | ₹55.38 Lakh (FY 2025) | 54.0% | Jaipur, Rajasthan, India | |||
| Indocoins Capital Markets Private Limitedthis company | ₹55.31 Lakh (FY 2018) | ₹3.78 Lakh | 6.8% | -21.0% | Mumbai, Maharashtra, India | |
| PRV Investment Consultancy Service Private Limited | ₹55.21 Lakh (FY 2019) | -16.0% | Karuvatta, Kerala, India | |||
| Ashish Bhatia Realities Private Limited | ₹55.02 Lakh (FY 2025) | 52.0% | Indore, Madhya Pradesh, India | |||
| Shree Sidvin Investment Advisors Private Limited | ₹55.02 Lakh (FY 2025) | 89.0% | Bangalore, Karnataka, India | |||
| Vikartan Investment Private Limited | ₹54.94 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| Acumen Commodities (India) Limited | ₹54.9 Lakh (FY 2025) | -70.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Indocoins Capital Markets Private Limited, buy the company report.
Auditor
Indocoins Capital Markets Private Limited is audited by S.K.PATODIA& ASSOCIATES CHARTERED ACCOUNTANTS for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.K.PATODIA& ASSOCIATES CHARTERED ACCOUNTANTS | FY 2017 | 112723W |
Shareholding
The shareholding of Indocoins Capital Markets 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 Indocoins Capital Markets Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Indocoins Capital Markets 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 Indocoins Capital Markets Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Indocoins Capital Markets has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Indocoins Capital Markets Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Indocoins Capital Markets Private Limited has 6 board changes on record since 2008: 2 appointments and 4 cessations. The latest: Santoshkumar Bajranglal Agarwal ceased to be Director on 06 Feb 2010.
Frequently asked questions
Indocoins Capital Markets has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Indocoins Capital Markets was a private limited company based in Mumbai, Maharashtra, India. The company worked in financial brokerage, within the financial services industry. It was incorporated on 08 August 2007 and is registered under CIN U51900MH2007PTC172972. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Indocoins Capital Markets was incorporated on 08 August 2007. It is registered with the Registrar of Companies, Mumbai.
Indocoins Capital Markets had 2 directors:
- Shashi Aneel Jain - Director
- Aneel Banwari Jain - Director
The CIN (Corporate Identification Number) of Indocoins Capital Markets is U51900MH2007PTC172972. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Indocoins Capital Markets is at A6 Mittal Estate Bldg. No. 2 Andheri – Kurla Road Andheri E, Mumbai, Maharashtra, India – 400059.
The latest financial statements of Indocoins Capital Markets on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
Indocoins Capital Markets operated in the financial services industry, in the financial brokerage segment.
The peers of Indocoins Capital Markets by revenue are Aarisha Syndicate Private Limited (OPC), Xenturion Fintech Private Limited, Awoke India Consultants Private Limited, Physical Shares Solution Private Limited, PRV Investment Consultancy Service Private Limited and 4 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).
Santoshkumar Bajranglal Agarwal ceased to be Director on 06 Feb 2010. Sunil Surendra Saini ceased to be Director on 06 Feb 2010. Shashi Aneel Jain was appointed as Director on 11 Nov 2009. Indocoins Capital Markets has 6 board changes on record in total.
The compliance status of Indocoins Capital Markets is compliant as of 11 September 2026.

