About Morgan Asia Private Limited
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Morgan Asia Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 18 September 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL1981PTC012346. Its GSTIN is 07AAACM8554E1ZH (Delhi).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹49 Lakh. It was formerly known as Morgan Asia Limited. It is led by directors Uma Ramesh (Whole-Time Director) and Viswanatha Balasubramanian.
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 319 3rd Floor F – 14 Competent House Connaught Place, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.62 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹1.51 Cr (net margin 19.8%) and EBITDA of ₹4.1 Cr (EBITDA margin 53.8%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 8% over five years.
The company has about 19 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹2.55 Cr and satisfied charges of ₹54.77 Cr on record. Court records list 20 cases involving the company, including 14 filed by the company and 6 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website groupmorgan.in.
Company details
CIN history
Morgan Asia has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51909DL1981PTC012346, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909DL1981PTC012346 | Current |
| U51909DL1981PLC012346 | Previous |
| L51909DL1981PLC012346 | Previous |
| L99999DL1981PLC012346 | Previous |
Contact details
Morgan Asia Private Limited's registered office is in New Delhi, Delhi. Its website is groupmorgan.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address319 3rd Floor F – 14 Competent House Connaught Place, New Delhi, Delhi, India – 110001
- IndustryFinancial Services, NBFC
To see the full contact details of Morgan Asia 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 activities of Morgan Asia are financial and insurance activities and administrative and support service activities. In detail, this covers activities auxiliary to financial service and insurance activities and rental and leasing 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 | 66 | Activities auxiliary to financial service and insurance activities | |
| N | Administrative and support service activities | 77 | Rental and leasing activities |
To see the full business activity and turnover split of Morgan Asia Private Limited, buy the company report.
Financials of Morgan Asia Private Limited
FY 2025 filings availableMorgan Asia Private Limited reported revenue of ₹7.62 Cr (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 18% fall in the latest year. EBITDA fell 35% 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 | ₹4.1 Cr | ||||
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| Net Profit (PAT) | ₹1.51 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 53.8% | ||||
| Net Profit Margin | 19.8% | ||||
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To see the full financial statements and ratios of Morgan Asia Private Limited, buy the company report.
Board of directors of Morgan Asia Private Limited
Morgan Asia has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uma Ramesh | Whole-Time Director | 01 Jul 2009 | 17 Years 3 Months | Current |
| Viswanatha Balasubramanian | Director | 31 Oct 1996 | 29 Years 11 Months | Current |
Auditor
Morgan Asia Private Limited is audited by P.BHOLUSARIA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.BHOLUSARIA & CO. | FY 2023 | 000468N |
Shareholding
The shareholding of Morgan Asia 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Morgan Asia Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2023 | 100688058 | City Union Bank Limited | ₹2.55 Cr | Open | |
| 26 Dec 2023 | 100836017 | Others | ₹30 Cr | Satisfied | |
| 06 Mar 2019 | 100247743 | Others | ₹4.5 Cr | Satisfied | |
| 02 May 2017 | 100098764 | Others | ₹15 Cr | Satisfied | |
| 02 May 2012 | 10356742 | City Union Bank Ltd. | ₹12 Lakh | Satisfied |
To see the full charge records of Morgan Asia Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Morgan Asia Private Limited has 20 court cases on record: 14 filed by Morgan Asia, 6 filed against it. 5 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 1 |
| High courts | 7 | 6 | 4 |
| Supreme Court | 5 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2001-Environmental Laws : Environment (Protection) Act, 1986, Indian Forest Act, 1927, Wildlife (Protection) Act, 1972, Biological Diversity Act 2002, Coastal Regulation Zone (CRZ), Pollution Laws, Prevention of cruelty to animals, all other Acts, Rules, Regulations dealing with environment, ecology, conservation including environmental clearance) | Filed by the company against State Level Environment Impact Assessment Authority Tamil Nadu (Seiaatn) and 1 other | Disposed |
| District court, Central, Delhi | Cheque dishonour complaint | Filed by the company against Jai Krishan Estates Developers Private Limited and 2 others | Pending |
| High Court of Rajasthan | Appeal | Filed against the company by The Oriental Insurance Company Ltd. and 1 other | Pending |
| District court, Mohali, Punjab | Civil suit | Filed by the company against M/S Shipra Estate Ltd. and 2 others | Disposed |
| District court, Central, Delhi | Cheque dishonour complaint | Filed by the company against Saya Homes Private Limited | Disposed |
To see the full case history of Morgan Asia 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
No delayed payments to MSME suppliers are on our record for Morgan Asia Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Morgan Asia has 1 subsidiary company and 3 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Nellichery Land & Properties Private Limited | U70102TN2017PTC114904 |
To see the full group structure of Morgan Asia Private Limited, buy the company report.
Employees & EPFO
Morgan Asia Private Limited has a workforce of 19 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Morgan Asia has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACM8554E1ZH | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Morgan Asia Private Limited, buy the company report.
Recent activity
Morgan Asia Private Limited has 7 board changes on record since 1996: 2 appointments and 5 cessations. The latest: Saurabh Gupta ceased to be Additional Director on 31 Dec 2020.
10 earlier events are in the company report.
Frequently asked questions
Morgan Asia is an active private limited company based in New Delhi, Delhi, India. The company works in nbfc, within the financial services industry. It was incorporated on 18 September 1981 (45+ years old) and is registered under CIN U51909DL1981PTC012346.
Morgan Asia has 2 current directors:
- Uma Ramesh - Whole-Time Director
- Viswanatha Balasubramanian - Director
The latest financial statements of Morgan Asia 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 GSTIN of Morgan Asia is 07AAACM8554E1ZH, registered in Delhi.
The CIN (Corporate Identification Number) of Morgan Asia is U51909DL1981PTC012346. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Morgan Asia has 20 court cases on record: 14 filed by the company and 6 filed against it. 5 are pending. Most are in the district courts.
Morgan Asia was incorporated on 18 September 1981, making it 45+ years old. It is registered with the Registrar of Companies, Delhi.
Saurabh Gupta ceased to be Additional Director on 31 Dec 2020. Ramamurthy Bhaskar ceased to be Director on 12 Sep 2017. Ashok Balasubramanian ceased to be Additional Director on 30 Sep 2009. Morgan Asia has 7 board changes on record in total.
Morgan Asia can be reached through the website groupmorgan.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Morgan Asia is at 319 3rd Floor F – 14 Competent House Connaught Place, New Delhi, Delhi, India – 110001.