About J. P. Morgan Services India Private Limited
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J. P. Morgan Services India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of J.P. Morgan Chase Holdings Llc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 07 February 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2000PTC124073. Its GSTIN is 27AABCD0503B1ZK (Maharashtra). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹31.41 Cr. It was formerly known as Diplomat Infotech Private Limited. It is led by directors including Deepak Mangla (Whole-Time Director) and Shashanka Sharma (Whole-Time Director).
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Tower A Blk 9 Tower B Blk 10 Tower C Blk 11 Nirlon Knowledge Park, Western Express Highway Goregaon East Mumbai Suburban, Maharashtra, India – 400063.
As per the financials filed for FY 2025, the company reported a revenue of ₹25,031 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹2,581.9 Cr (net margin 10.3%) and EBITDA of ₹4,945.4 Cr (EBITDA margin 19.8%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 19% over five years.
The company has about 47,461 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹96 Cr on record. Court records list 111 cases involving the company, including 15 filed by the company and 96 filed against it; 15 cases are pending. The company has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹24.68 Cr; the latest was in September 2018. The company has 12 MSME Form 1 returns on record between 2019 and 2023, listing 321 overdue payments to 90 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 jpmorgan.com.
Company details
Contact details
J. P. Morgan Services India Private Limited's registered office is in Mumbai, Maharashtra. Its website is jpmorgan.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressTower A Blk 9 Tower B Blk 10 Tower C Blk 11 Nirlon Knowledge Park, Western Express Highway Goregaon East Mumbai Suburban, Maharashtra, India – 400063
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of J. P. Morgan Services 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
Business activity
The main business activity of J. P. Morgan Services India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of J. P. Morgan Services India Private Limited, buy the company report.
Financials of J. P. Morgan Services India Private Limited
FY 2025 filings availableJ. P. Morgan Services India Private Limited reported revenue of ₹25,031 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 16% growth in the latest year. EBITDA rose 23% 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 | ₹4,945.4 Cr | ||||
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| Net Profit (PAT) | ₹2,581.9 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 | 19.8% | ||||
| Net Profit Margin | 10.3% | ||||
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To see the full financial statements and ratios of J. P. Morgan Services India Private Limited, buy the company report.
Board of directors of J. P. Morgan Services India Private Limited
J. P. Morgan Services India has 11 current directors and 45 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Michael James Ashworth | Director | 06 Sep 2016 | 10 Years 2 Months | Current |
| Julie Ann Harris | Director | 04 Sep 2018 | 8 Years 2 Months | Current |
| Erin Colleen King | Director | 29 Nov 2022 | 3 Years 11 Months | Current |
| Daniel Dennman Wilkening | Director | 31 May 2013 | 13 Years 5 Months | Current |
| Deepak Mangla | Whole-Time Director | 05 Oct 2011 | 15 Years 1 Months | Current |
| Shashanka Sharma | Whole-Time Director | 02 Dec 2014 | 11 Years 11 Months | Current |
Auditor
J. P. Morgan Services India Private Limited is audited by Price Waterhouse LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse LLP | FY 2023 | 301112E/ E300264 |
Shareholding
The shareholding of J. P. Morgan Services India Private 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 J. P. Morgan Services India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Oct 2020 | 100391950 | Jp Morgan Chase Bank, N.A. | ₹96 Cr | Open |
To see the full charge records of J. P. Morgan Services India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
J. P. Morgan Services India Private Limited has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹24.68 Cr; the latest was in September 2018.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Rights issue | ₹3,503.92 Cr | Investors: J P Morgan Chase Holdings LLC |
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: J P Morgan Chase Holdings LLC Seller: J.P Morgan Services Asia Holdings Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Seller: J.P Morgan Services Asia Holdings Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Seller: J.P Morgan Services Asia Holdings Limited |
| Mar 2006 | Funding round | ₹2.35 Cr | Investors: J.P Morgan Services Asia Holdings Limited, J.P Morgan Services Asia Holdings Limited & J P Morgan International Finance Limited |
To see the full deal history of J. P. Morgan Services 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 Services India Private Limited has 111 court cases on record: 15 filed by J. P. Morgan Services India, 96 filed against it. 15 cases are pending and 96 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 80 | 71 | 6 |
| District courts | 17 | 13 | 7 |
| Supreme Court | 14 | 12 | 2 |
Cases on record (5 of 111)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (APL) | Filed against the company | Pending |
| Supreme Court | Appeal | Filed against the company by Commissioner of CGST | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP1) | Filed against the company by an individual | Pending |
| District court, South West, Delhi | Court case (Succ. Court) | Filed against the company | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Ref.IDA) | Filed by the company against an individual | Pending |
To see the full case history of J. P. Morgan Services 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 Services India Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 321 overdue payments to 90 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 90)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Liberation Coaches Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Navigo Analytix LLP |
To see the full MSME payment records of J. P. Morgan Services India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
J. P. Morgan Services India Private Limited has a workforce of 47,461 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.
GST
J. P. Morgan Services India has 6 GST registrations: 4 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCD0503B1ZK | Maharashtra | Active | 01 Jul 2017 |
| 29AABCD0503B1ZG | Karnataka | Active | 01 Jul 2017 |
| 36AABCD0503B1ZL | Telangana | Active | 01 Jul 2017 |
| 09AABCD0503B1ZI | Uttar Pradesh | Active | 29 Nov 2022 |
To see the full GST registrations and return filing status of J. P. Morgan Services India Private Limited, buy the company report.
Recent activity
J. P. Morgan Services India Private Limited has 91 board changes on record since 2002: 51 appointments and 40 cessations. The latest: David John Beck was appointed as Director on 22 Jul 2025.
84 earlier events are in the company report.
News
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Frequently asked questions
J. P. Morgan Services India is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 07 February 2000 (26+ years old) and is registered under CIN U72900MH2000PTC124073.
J. P. Morgan Services India has 11 current directors:
- Deepak Mangla - Whole-Time Director
- Shashanka Sharma - Whole-Time Director
- Gopal Kavitha - Whole-Time Director
- Vishesh Vijay Kumar - Whole-Time Director
- Michael James Ashworth - Director
- Julie Ann Harris - Director
- Erin Colleen King - Director
- Daniel Dennman Wilkening - Director
- Elena Korablina - Director
- Stephanie Jane Keay - Director
- David John Beck - Director
The latest financial statements of J. P. Morgan Services India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of J. P. Morgan Services India is 27AABCD0503B1ZK, registered in Maharashtra. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 29AABCD0503B1ZG (Karnataka), 36AABCD0503B1ZL (Telangana), 09AABCD0503B1ZI (Uttar Pradesh).
The CIN (Corporate Identification Number) of J. P. Morgan Services India is U72900MH2000PTC124073. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
J. P. Morgan Services India has 111 court cases on record: 15 filed by the company and 96 filed against it. 15 are pending. Most are in the high courts.
J. P. Morgan Services India was incorporated on 07 February 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
J. P. Morgan Services India has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹24.68 Cr; the latest was in September 2018.
David John Beck was appointed as Director on 22 Jul 2025. Gopal Kavitha was appointed as Whole-Time Director on 22 Jul 2025. Stephanie Jane Keay was appointed as Director on 22 Jul 2025. J. P. Morgan Services India has 91 board changes on record in total.
J. P. Morgan Services India has 12 MSME Form 1 returns on record between 2019 and 2023, listing 321 overdue payments to 90 micro and small suppliers. The latest return was filed on 29 Aug 2023.
J. P. Morgan Services India can be reached through the website jpmorgan.com. Its registered office is in Mumbai, Maharashtra, India.
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