MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-23-0083031
Korrency Consultants Private Limited
Korrency Consultants Private Limited - financial services in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.11 Lakh
▼ 58% YoY
Net profit · FY 2024
₹94,539
Net margin 11.7%
EBITDA · FY 2024
₹90,298
EBITDA margin 11.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Korrency Consultants Private Limited
Data last updated:
Korrency Consultants Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 23 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U74140MP2011PTC025660.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Madhu Mandowara Chainsukh and Chain Sukh Mandowara.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D – 81 Mphb Shopping Comlex, Indore, Madhya Pradesh, India – 452008.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.11 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net profit of ₹94,539 (net margin 11.7%) and EBITDA of ₹90,298 (EBITDA margin 11.1%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 5% over five years.
Korrency Consultants Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0083031). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74140MP2011PTC025660
Registration Number 025660
Incorporation Date 23 March 2011
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MP-23-0083031
Recognitions & Rankings of Korrency Consultants
Contact details
Korrency Consultants Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD – 81 Mphb Shopping Comlex, Indore, Madhya Pradesh, India – 452008
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Korrency Consultants Private Limited, buy the company report.
Comprehensive company report
Korrency Consultants Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Korrency Consultants 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 Korrency Consultants Private Limited, buy the company report.
Financials of Korrency Consultants Private Limited
FY 2025 filings availableKorrency Consultants Private Limited reported revenue of ₹8.11 Lakh (down 58% YoY) for FY 2024.
Revenue · FY 2024
₹8.11 Lakh ▼ 58%
Net profit · FY 2024
₹94,539 margin 11.7%
EBITDA · FY 2024
₹90,298 margin 11.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 58%
3 years · compounded
▲ 29%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 88%
3 years · compounded
▲ 3%
5 years · compounded
▼ 12%
Revenue fell 58% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 88% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹90,298 | ||||
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| Net Profit (PAT) | ₹94,539 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 11.1% | ||||
| Net Profit Margin | 11.7% | ||||
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To see the full financial statements and ratios of Korrency Consultants Private Limited, buy the company report.
Board of directors of Korrency Consultants Private Limited
Korrency Consultants has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhu Mandowara Chainsukh Also directs: Pearl Shine Infratech Private Limited, Pearl Urja Private Limited | Director | 25 Feb 2014 | 12 Years 7 Months | Current |
| Chain Sukh Mandowara Also directs: Pearl Shine Infratech Private Limited, Pearl Urja Private Limited | Director | 23 Mar 2011 | 15 Years 7 Months | Current |
Auditor
Korrency Consultants Private Limited is audited by MAHAJAN & SHAH for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHAJAN & SHAH | FY 2019 | 012618C |
Shareholding
The shareholding of Korrency Consultants Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Korrency Consultants Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Korrency Consultants 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 Korrency Consultants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Korrency Consultants Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Korrency Consultants Private Limited has 6 board changes on record since 2011: 4 appointments and 2 cessations. The latest: Vinod Jain ceased to be Director on 19 Mar 2018.
AGM
Korrency Consultants Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Korrency Consultants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Ceased
Vinod Jain ceased to be Director.
Ceased
Kaushal Ameta ceased to be Director.
Appointed
Madhu Mandowara Chainsukh was appointed as Director.
Appointed
Chain Sukh Mandowara was appointed as Director.
Appointed
Kaushal Ameta was appointed as Director.
Appointed
Vinod Jain was appointed as Director.
Incorporation
23 Mar 2011
Korrency Consultants Private Limited was registered on 23 Mar 2011 with Roc Gwalior & aged 15 years 7 months as per MCA records.
Frequently asked questions
Korrency Consultants is an active private limited company based in Indore, Madhya Pradesh, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 23 March 2011 (15+ years old) and is registered under CIN U74140MP2011PTC025660.
Korrency Consultants has 2 current directors:
- Madhu Mandowara Chainsukh - Director
- Chain Sukh Mandowara - Director
The latest financial statements of Korrency Consultants on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Korrency Consultants is U74140MP2011PTC025660. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Korrency Consultants was incorporated on 23 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Gwalior.
Vinod Jain ceased to be Director on 19 Mar 2018. Kaushal Ameta ceased to be Director on 25 Feb 2014. Madhu Mandowara Chainsukh was appointed as Director on 25 Feb 2014. Korrency Consultants has 6 board changes on record in total.
Yes, Korrency Consultants is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0083031).
The registered office of Korrency Consultants is at D – 81 Mphb Shopping Comlex, Indore, Madhya Pradesh, India – 452008.
Korrency Consultants operates in the financial services industry, in the diversified financial services segment.
The compliance status of Korrency Consultants is compliant as of 07 September 2026. The company is actively filing with the Registrar of Companies.