Keynote Capitals Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U67120MH1995PLC088172 Incorporated 08 May 1995 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company financial services
Data last updated
Revenue · FY 2025
₹19.37 Cr
▼ 22.00% YoY
EBITDA · FY 2025
*****
▼ 48.00% YoY
Net profit · FY 2025
*****
▼ 54.00% YoY
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹11.27 Cr
Issued & subscribed
Open charges
₹16.72 Cr
Secured borrowings
Company age
31 yrs
Est. 1995
Employees · EPFO
18
Latest available

About Keynote Capitals Limited

Data last updated: 11 January 2026

Keynote Capitals Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Keynote Financial Services Limited. It specialises in brokerage and trading services, a part of the broader financial services sector. Incorporated on 08 May 1995, the company has been in operation for over 31 years.

Registered with ROC Mumbai under CIN U67120MH1995PTC088172.

Capital: an authorised share capital of ₹15 Cr and a paid-up capital of ₹11.27 Cr. It is led by directors including Ravindranath Cheerakuzhi Puthan Menon and Vineet Suchanti.

Last AGM: 21 August 2025. Financial statements filed for year ended 31 March 2025. Office: The Ruby 9Th Floor Senapati Bapat Marg Dadar (West), Mumbai, Maharashtra, India – 400028.

As per the financials filed for FY 2025, the company reported a revenue of ₹19.37 Cr, a decline of 22% compared to the previous year.

The company has a workforce of approximately 18 employees as per the latest available data. It operates as a subsidiary of Keynote Financial Services Limited.

The company is associated with 2 brands - Keynote Capitals, Fikaa. As per MCA filings, the company has open charges of ₹16.72 Cr 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 keynotecapitals.com.

Company Details of Keynote Capitals Limited
CIN U67120MH1995PLC088172
Registration Number 088172
Incorporation Date 08 May 1995
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 21 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Keynote Financial Services Limited
Compliance Status Active Compliant
Contact Details
  • Email
    **************
  • Telephone
    **************
  • Website
    **************
  • Social Media
  • Registered Address
    The Ruby 9Th Floor Senapati Bapat Marg Dadar (West), Mumbai, Maharashtra, India – 400028
  • Industry
    Financial Services, Brokerage & Trading Services
Company report
Keynote Capitals Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Keynote Capitals Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Keynote Capitals Limited

Keynote Capitals Limited has one previous CIN (Corporate Identification Number): U67120MH1995PTC088172. The current CIN is U67120MH1995PLC088172, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U67120MH1995PLC088172 Current
U67120MH1995PTC088172 Previous

Associated Brands with Keynote Capitals Limited

Keynote Capitals Limited operates two associated brands: Keynote Capitals and FIKAA. These brands represent Keynote Capitals Limited's diversified market presence and brand portfolio.

Brand Description Website
Financial services including stock trading, mutual funds, and depository operations in India. keynotecapitals.com
A technology company focused on smarter returns management solutions is operated. fikaa.in

Competitors & Alternatives of Keynote Capitals Limited

Brands and companies operating in the same space as Keynote Capitals Limited include Scripbox, FundsIndia, AssetPlus and 6 more.

Competitor Description Location Founded
Scripbox Scripbox Platform offering mutual fund investments, financial planning, and wealth growth services Bengaluru, India, India 2012
FundsIndia FundsIndia Online investment platform for mutual funds and other financial products Chennai, India, India 2008
AssetPlus AssetPlus Mutual fund investments are enabled via advisor-assisted diversified plans. Chennai, India, India 2016
Kuvera Kuvera Mutual fund portfolios are created via an app-based investment platform. Bengaluru, India, India 2016
Bandhan Mutual Fund Bandhan Mutual Fund Online platform for investing in mutual funds Mumbai, India, India 2000
Clearfunds Clearfunds Direct mutual fund investments are enabled via an online platform. Mumbai, India, India 2016
Fundzbazar Fundzbazar Online platform for mutual funds, stock broking, and other investment services. Ahmedabad, India, India 2016
Sqrrl Sqrrl App-based personal finance and planning platform is offered for individuals. Delhi, India, India 2016
CashRich CashRich Dynamic SIP options for mutual fund investments are facilitated. Mumbai, India, India 2015

Business Activity of Keynote Capitals Limited

Keynote Capitals Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including financial advisory, brokerage and consultancy services.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
K Financial and insurance Service K7 Financial Advisory, brokerage and Consultancy Services *********

Board of Directors of Keynote Capitals Limited

Keynote Capitals Limited is currently managed by 5 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Ravindranath Cheerakuzhi Puthan Menon Director 12 Jul 2024 1 Years 11 Months Current
Vineet Suchanti Director 30 Oct 1998 27 Years 8 Months Current
Rakesh Shriram Choudhari Managing Director 01 Apr 2013 13 Years 3 Months Current

Financials of Keynote Capitals Limited FY 2025 filings available

Keynote Capitals Limited reported revenue of ₹19.37 Cr (down 22% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹19.37 Cr ▼ -22%
Profit
***** ▼ -54%
EBITDA
***** ▼ -48%
Metrics
*****
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*****
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Revenue
Revenue from Operations
*****
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Revenue Growth %
*****
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Other Income
*****
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Total Revenue
*****
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Expenses
Total Expenses
*****
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Raw Material Cost
*****
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Change in Inventory FG
*****
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Change in Inventory WIP
*****
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Purchase of Traded Goods
*****
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Employee Cost
*****
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Managerial Remuneration
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Audit Fees
*****
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Insurance
*****
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Power & Fuel
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Interest
*****
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Depreciation
*****
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Other Expenses
*****
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Profitability
EBITDA (Operating Profit)
*****
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Operating Margin %
*****
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Exceptional Items
*****
*****
*****
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Extraordinary Items
*****
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*****
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Profit Before Exceptional & Extraordinary Items
*****
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Profit Before Tax
*****
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*****
Tax & Net Profit
Tax Expense
*****
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Current Tax
*****
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Deferred Tax
*****
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Profit from Discontinued Operations
*****
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Tax on Discontinued Operations
*****
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Profit
*****
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Net Margin %
*****
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Metrics
*****
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Shareholders' Funds
Total Shareholders' Funds
*****
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Equity Capital
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Reserves & Surplus
*****
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Money Against Warrants
*****
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Other Equity
*****
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Non-Current Liabilities
Total Non-Current Liabilities
*****
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Long-Term Borrowings
*****
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Deferred Tax Liabilities
*****
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Other Non-Current Liabilities
*****
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
*****
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Short-Term Borrowings
*****
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Trade Payables
*****
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Other Current Liabilities
*****
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Short-Term Provisions
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Total Equity & Liabilities
*****
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Non-Current Assets
Non-Current Assets
*****
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
*****
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LT Loans & Advances
*****
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*****
Other Non-Current Assets
*****
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*****
Current Assets
Current Assets
*****
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Current Investments
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Inventories
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Trade Receivables
*****
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Cash & Bank Balance
*****
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ST Loans & Advances
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Other Current Assets
*****
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Total Assets
*****
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Metrics
*****
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*****
Cash from Operating Activities (CFO)
Profit Before Tax
*****
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Non-Cash Adjustments
*****
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*****
+ Interest Expense
*****
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+ Depreciation
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+/- Unrealized Forex
*****
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
*****
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Cash Generated from Operations
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Income Taxes Paid
*****
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Net CFO (Cash from Operations)
*****
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*****
Cash from Investing Activities (CFI)
Acquisitions & Disposals
*****
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
*****
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
*****
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
*****
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Closing Cash & Equivalents
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Metrics
*****
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Liquidity
Current Ratio
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Quick Ratio
*****
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Cash Ratio
*****
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Efficiency
Inventory Days
*****
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Debtor Days
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Creditor Days
*****
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
*****
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Operating Margin %
*****
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ROE %
*****
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ROCE %
*****
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Net Worth Margin %
*****
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Growth
Revenue Growth %
*****
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Leverage
Equity Multiplier
*****
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Debt / EBITDA
*****
*****
*****
*****
*****
Solvency
D/E Ratio
*****
*****
*****
*****
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ICR
*****
*****
*****
*****
*****

Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Charges & Borrowings of Keynote Capitals Limited

Open charges
₹16.72 Cr
Satisfied charges
₹0
Breakdown by lending institutions
Axis Bank Limited₹15.00 Cr
Hdfc Bank Limited₹1.06 Cr
Others₹0.41 Cr
Daimler Financial Services India Private Limited₹0.25 Cr
Latest charge details
DateLenderAmountStatus
31 Dec 2024 Hdfc Bank Limited ₹48 Lakh Open
13 Feb 2024 Others ₹15 Lakh Open
26 Jul 2018 Hdfc Bank Limited ₹58 Lakh Open
30 Apr 2018 Others ₹25.95 Lakh Open
06 Mar 2017 Axis Bank Limited ₹10 Cr Open

Total charge records: 7 View all charges

Employees and EPFO Compliance at Keynote Capitals Limited

View historical data on people associated with Keynote Capitals Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Keynote Capitals Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Keynote Capitals Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Keynote Capitals Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Keynote Capitals Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Keynote Capitals Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Keynote Capitals Limited

MSME Payment Delays by Keynote Capitals Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Keynote Capitals Limited

Subsidiaries & Group Companies of Keynote Capitals Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Keynote Capitals Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Keynote Capitals Limited

MCA Filings & Documents of Keynote Capitals Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Keynote Capitals Limited

Activity
21 Aug 2025
Keynote Capitals Limited last Annual general meeting of members was held on 21 Aug 2025 as per latest MCA records.
Activity
31 Mar 2025
Keynote Capitals Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
31 Dec 2024
A charge with Hdfc Bank Limited amounted to Rs. 0.48 Cr with Charge ID 101044296 was registered on 31 Dec 2024.
Directors
12 Jul 2024
Ravindranath Cheerakuzhi Puthan Menon was appointed as a Director on 12 Jul 2024 & has been associated with this company since 1 year 11 months.
Charges
13 Feb 2024
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100902159 was registered on 13 Feb 2024.
Charges
27 Oct 2023
A charge with Axis Bank Limited of Rs. 5.00 Cr registered on 21 Jun 2016 with Charge ID 100038529 was modified on 27 Oct 2023.

Frequently Asked Questions about Keynote Capitals Limited

Keynote Capitals Limited is an active public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 08 May 1995 (31+ years old) and is registered under CIN U67120MH1995PLC088172. The company has 18 employees.

Keynote Capitals Limited reported revenue of ₹19.37 Cr for FY 2025 (down 22.00% YoY).

The current directors of Keynote Capitals Limited are:

The primary industry of Keynote Capitals Limited is financial services. The company specifically operates in brokerage and trading services. The company is currently active in this sector.

Keynote Capitals Limited can be reached at the registered office: The Ruby 9Th Floor Senapati Bapat Marg Dadar West, Mumbai, Maharashtra, India – 400028, or through the website keynotecapitals.com.

The authorised capital is ₹15 Cr, and the paid-up capital is ₹11.27 Cr.

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