About Iti Gilts Limited
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Iti Gilts Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of The Investment Trust Of India Limited. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 23 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67100MH2016PLC272339. Its GSTIN is 27AAGCC3271N1ZC (Maharashtra).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹15 Cr. It was formerly known as Iti Debt Securities Private Limited and Iti Dcm Private Limited. It is led by directors including Jignesh Prabhudas Sangani and Arvind Prabhudas Valia.
Its last annual general meeting (AGM) was held on 23 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Iti House 36 Dr. R. K. Shirodkar Marg Parel, Mumbai, Maharashtra, India – 400012.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.12 Cr, a decline of 54% compared to the previous year. For the same year it recorded a net profit of ₹1.19 Cr (net margin 19.5%) and EBITDA of ₹4.98 Cr (EBITDA margin 81.4%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 12% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹75 Cr and satisfied charges of ₹175 Cr on record. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹9.99 Cr; the latest was in March 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itiorg.com.
Company details
Name history
Iti Gilts has undergone 8 name changes throughout its history. The current legal name is Iti Gilts Limited.
| Company Name | Status |
|---|---|
| Iti Gilts Limited | Current |
| Iti Debt Securities Private Limited | Previous |
| Iti Dcm Private Limited | Previous |
| Crest Debt Capital Markets Private Limited | Previous |
| Iti Wdm Securities Private Limited | Previous |
| Iti Gilts Private Limited | Previous |
| Iti Wholesale Debt Private Limited | Previous |
| Iti Wdm Private Limited | Previous |
| Iti Debt Market Private Limited | Previous |
CIN history
Iti Gilts has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U67100MH2016PLC272339, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67100MH2016PLC272339 | Current |
| U74999MH2016PTC272339 | Previous |
| U67100MH2016PTC272339 | Previous |
Contact details
Iti Gilts Limited's registered office is in Mumbai, Maharashtra. Its website is itiorg.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressIti House 36 Dr. R. K. Shirodkar Marg Parel, Mumbai, Maharashtra, India – 400012
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Iti Gilts 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 Iti Gilts is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding and activities auxiliary to financial service and insurance activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding | |
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Iti Gilts Limited, buy the company report.
Financials of Iti Gilts Limited
FY 2025 filings availableIti Gilts Limited reported revenue of ₹6.12 Cr (down 54% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 54% fall in the latest year. EBITDA fell 52% 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 | ₹4.98 Cr | ||||
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| Net Profit (PAT) | ₹1.19 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 81.4% | ||||
| Net Profit Margin | 19.5% | ||||
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To see the full financial statements and ratios of Iti Gilts Limited, buy the company report.
Board of directors of Iti Gilts Limited
Iti Gilts has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvind Prabhudas Valia Also directs: Iti Gold Loans Limited | Additional Director | 23 Jul 2025 | 1 Years 3 Months | Current |
| Jayesh Dhirajlal Valia Also directs: Antique Stock Broking (Ifsc) Limited, Antique Stock Broking Limited, Distress Asset Specialist Limited and 2 more | Additional Director | 17 Jan 2025 | 1 Years 9 Months | Current |
| Jignesh Prabhudas Sangani Also directs: Antique Stock Broking (Ifsc) Limited, Antique Stock Broking Limited, Iti Credit Limited and 1 more | Director | 13 Apr 2016 | 10 Years 6 Months | Current |
| Raj Mahendra Mehta | Additional Director | 17 Jan 2025 | 1 Years 9 Months | Current |
Auditor
Iti Gilts Limited is audited by Bathiya & Associates Llp for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bathiya & Associates Llp | FY 2022 | 101046W |
Shareholding
The shareholding of Iti Gilts Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Iti Gilts Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2023 | 100792786 | Others | ₹50 Cr | Satisfied | |
| 02 Nov 2021 | 100495574 | Others | ₹50 Cr | Satisfied | |
| 16 Feb 2021 | 100423271 | Axis Bank Limited | ₹75 Cr | Satisfied |
To see the full charge records of Iti Gilts Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Iti Gilts Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹9.99 Cr; the latest was in March 2018.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: The Investment Trust Of India Limited, The Investment Trust of India Limited and Raksha Valia, The Investment Trust of India Limited and Sudhir Valia Seller: The Investment Trust Of India Limited, Crest Partners LLP , Crest Partners LLP and Vikram Pratapbhai Kotak |
| Apr 2016 | Funding round | ₹9.99 Cr | Investors: The Investment Trust Of India Limited, Crest Partners LLP |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Iti Gilts 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 Iti Gilts Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Iti Gilts Limited has a workforce of 11 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Iti Gilts has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCC3271N1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Iti Gilts Limited, buy the company report.
Recent activity
Iti Gilts Limited has 17 board changes on record since 2016: 7 appointments and 10 cessations. The latest: Arvind Prabhudas Valia was appointed as Additional Director on 23 Jul 2025.
14 earlier events are in the company report.
Frequently asked questions
Iti Gilts is an active public limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 23 January 2016 (10+ years old) and is registered under CIN U67100MH2016PLC272339.
Iti Gilts has 4 current directors:
- Arvind Prabhudas Valia - Additional Director
- Jayesh Dhirajlal Valia - Additional Director
- Jignesh Prabhudas Sangani - Director
- Raj Mahendra Mehta - Additional Director
The latest financial statements of Iti Gilts on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 August 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Iti Gilts is 27AAGCC3271N1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Iti Gilts is U67100MH2016PLC272339. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iti Gilts was incorporated on 23 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Iti Gilts has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹9.99 Cr; the latest was in March 2018.
Arvind Prabhudas Valia was appointed as Additional Director on 23 Jul 2025. Jayesh Dhirajlal Valia was appointed as Additional Director on 17 Jan 2025. Raj Mahendra Mehta was appointed as Additional Director on 17 Jan 2025. Iti Gilts has 17 board changes on record in total.
Iti Gilts can be reached through the website itiorg.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Iti Gilts is at Iti House 36 Dr. R. K. Shirodkar Marg Parel, Mumbai, Maharashtra, India – 400012.