About J. P. Morgan India Private Limited
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J. P. Morgan India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of J.P. Morgan Indiasecurities Ho. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 24 September 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1992FTC068724. Its GSTIN is 27AAACJ1022G1Z5 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹143.3 Cr and a paid-up capital of ₹87.86 Cr. It is led by directors including Sanjay Mookim (Whole-Time Director) and Sachin Vijay Kochhar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at J.P. Morgan Tower Off. C.S.T. Road Kalina Santacruz – East, Mumbai, Maharashtra, India – 400098.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,245.84 Cr, a growth of 60% compared to the previous year. For the same year it recorded a net profit of ₹1,164.69 Cr (net margin 51.9%) and EBITDA of ₹1,579.49 Cr (EBITDA margin 70.3%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 27% over five years.
The company has about 305 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: J P Morgan. As per MCA filings, the company has satisfied charges of ₹154 Cr on record. Court records list 19 cases involving the company, including 11 filed by the company and 8 filed against it; 5 cases are pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹107.32 Cr; the latest was in March 2016. The company has 9 MSME Form 1 returns on record between 2019 and 2024, listing 109 overdue payments to 18 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 indiaipo.jpmorgan.com.
Company details
CIN history
J. P. Morgan India has one previous CIN (Corporate Identification Number): U67120MH1992PTC068724. The current CIN is U67120MH1992FTC068724, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120MH1992FTC068724 | Current |
| U67120MH1992PTC068724 | Previous |
Contact details
J. P. Morgan India Private Limited's registered office is in Mumbai, Maharashtra. Its website is indiaipo.jpmorgan.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressJ.P. Morgan Tower Off. C.S.T. Road Kalina Santacruz – East, Mumbai, Maharashtra, India – 400098
- IndustryFinancial Services, Brokerage & Trading Services, Diversified Financial Services
To see the full contact details of J. P. Morgan India 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
J. P. Morgan India operates one associated brand: J P Morgan. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Comprehensive financial services are provided to corporations and individuals. | jpmorgan.com |
Business activity
The main business activity of J. P. Morgan India 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 J. P. Morgan India Private Limited, buy the company report.
Financials of J. P. Morgan India Private Limited
FY 2025 filings availableJ. P. Morgan India Private Limited reported revenue of ₹2,245.84 Cr (up 60% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 60% growth in the latest year. EBITDA rose 77% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2,245.84 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1,579.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1,164.69 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 70.3% | ||||
| Net Profit Margin | 51.9% | ||||
| 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 J. P. Morgan India Private Limited, buy the company report.
Board of directors of J. P. Morgan India Private Limited
J. P. Morgan India has 8 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Mookim | Whole-Time Director | 01 Mar 2021 | 5 Years 8 Months | Current |
| Sachin Vijay Kochhar | Whole-Time Director | 09 Apr 2019 | 7 Years 7 Months | Current |
| Kashyap Rajnikant Parekh | Whole-Time Director | 02 Feb 2018 | 8 Years 9 Months | Current |
| Radhika Vikram Goradia | Whole-Time Director | 02 Jun 2023 | 3 Years 5 Months | Current |
| Kaustubh Kashinath Kulkarni | Whole-Time Director | 24 Feb 2015 | 11 Years 8 Months | Current |
| Nitin Maheshwari | Whole-Time Director | 21 Mar 2025 | 1 Years 7 Months | Current |
Auditor
J. P. Morgan India Private Limited is audited by S R BATLIBOI & Co. LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R BATLIBOI & Co. LLP | FY 2025 | 301003E/E300005 |
Shareholding
The shareholding of J. P. Morgan India Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of J. P. Morgan India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Dec 1999 | 80055992 | The Hongkong and Shanghai Banking Corporation Ltd. | ₹154 Cr | Satisfied |
To see the full charge records of J. P. Morgan India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
J. P. Morgan India Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹107.32 Cr; the latest was in March 2016.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Seller: J P Morgan India Securities Holdings Limited |
| Mar 2015 | Funding round | ₹93.72 Cr | Investors: J P Morgan Chase Funding Inc |
| Mar 2015 | Secondary share transfer | Undisclosed | Seller: J P Morgan India Securities Holdings Limited |
To see the full deal history of J. P. Morgan India Private 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
J. P. Morgan India Private Limited has 19 court cases on record: 11 filed by J. P. Morgan India, 8 filed against it. 5 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 6 | 4 |
| District courts | 1 | 1 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Arbitration matter | Filed against the company by M/S HDFC Bank Limited Th. Mayuri Kalpesh Jadhav | Pending |
| High Court of Delhi | Appeal | Filed by the company against an individual | Pending |
| High Court of Delhi | Writ petition | Filed by the company against an individual | Pending |
| High Court | Writ petition | Filed by the company against State of Maharashtra and 1 other | Disposed |
| Supreme Court | Court case (0303-Direct Taxes Matter : Other matters under Income Tax act, 1961) | Filed against the company by PR. Commissioner of Income Tax 4 Aaykar Bhavan, M.K.Road, Mumbai ,Mumbai , Maharashtra | Disposed |
To see the full case history of J. P. Morgan India 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
J. P. Morgan India Private Limited has 9 MSME Form 1 returns on record between 2019 and 2024, listing 109 overdue payments to 18 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 (5 of 18)
To see the full MSME payment records of J. P. Morgan India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
J. P. Morgan India Private Limited has a workforce of 305 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 305 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 | |
| FY 2014-15 |
To see the full employee and EPFO history of J. P. Morgan India Private Limited, buy the company report.
GST
J. P. Morgan India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACJ1022G1Z5 | Maharashtra | Active | 01 Jul 2017 |
| 07AAACJ1022G1Z7 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of J. P. Morgan India Private Limited, buy the company report.
Recent activity
J. P. Morgan India Private Limited has 30 board changes on record since 2008: 8 appointments and 22 cessations. The latest: Nitin Maheshwari was appointed as Whole-Time Director on 21 Mar 2025.
23 earlier events are in the company report.
News
Frequently asked questions
J. P. Morgan India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 24 September 1992 (34+ years old) and is registered under CIN U67120MH1992FTC068724.
J. P. Morgan India has 8 current directors:
- Sanjay Mookim - Whole-Time Director
- Sachin Vijay Kochhar - Whole-Time Director
- Kashyap Rajnikant Parekh - Whole-Time Director
- Radhika Vikram Goradia - Whole-Time Director
- Kaustubh Kashinath Kulkarni - Whole-Time Director
- Nitin Maheshwari - Whole-Time Director
- Ravi Shankar - Whole-Time Director
- Navin Bhagwan Wadhwani - Whole-Time Director
The latest financial statements of J. P. Morgan India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of J. P. Morgan India is 27AAACJ1022G1Z5, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAACJ1022G1Z7 (Delhi).
The CIN (Corporate Identification Number) of J. P. Morgan India is U67120MH1992FTC068724. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
J. P. Morgan India has 19 court cases on record: 11 filed by the company and 8 filed against it. 5 are pending. Most are in the high courts.
J. P. Morgan India was incorporated on 24 September 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
J. P. Morgan India has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹107.32 Cr; the latest was in March 2016.
Nitin Maheshwari was appointed as Whole-Time Director on 21 Mar 2025. Navin Bhagwan Wadhwani was appointed as Whole-Time Director on 02 Jun 2023. Navin Bhagwan Wadhwani ceased to be Additional Director on 02 Jun 2023. J. P. Morgan India has 30 board changes on record in total.
J. P. Morgan India has 9 MSME Form 1 returns on record between 2019 and 2024, listing 109 overdue payments to 18 micro and small suppliers. The latest return was filed on 25 Apr 2024.
J. P. Morgan India can be reached through the website indiaipo.jpmorgan.com. Its registered office is in Mumbai, Maharashtra, India.
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