India's Richest People 2026 edition · 1 director · Source: Hurun India
- #15 Uday Kotak ₹1,18,800 Cr
Revenue · FY 2025
₹4,904.43 Cr
▲ 25% YoY
Net profit · FY 2025
₹999.97 Cr
Net margin 20.4%
EBITDA · FY 2025
₹3,672.69 Cr
EBITDA margin 74.9%
Authorised capital
₹6.5 Cr
Registered with MCA
Paid-up capital
₹3.5 Cr
Issued & subscribed
Open charges
₹1,12,009 Cr
Satisfied ₹83,053 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
7,912
Provident fund records
About Kotak Mahindra Prime Limited
Data last updated:
Kotak Mahindra Prime Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Kotak Mahindra Bank Limited. It operates in the asset financing companies segment of the financial services sector. It was incorporated on 28 February 1996 and has been in existence for over 30 years.
Its director Uday Kotak is #15 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67200MH1996PLC097730. Its GSTIN is 27AAACK5934A1ZV (Maharashtra). The company holds 31 GST registrations, of which 29 are active.
The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹3.5 Cr. It was formerly known as Komaf Auto Finance P Ltd. It is led by directors including Suraj Rajappan (Whole-Time Director) and Prakash Krishnaji Apte.
Its last annual general meeting (AGM) was held on 26 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 27 BKC C 27 G Block Bandra Kurla Complex Bandra (E), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹4,904.43 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹999.97 Cr (net margin 20.4%) and EBITDA of ₹3,672.69 Cr (EBITDA margin 74.9%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 9% over five years.
The company has about 7,912 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,12,009 Cr and satisfied charges of ₹83,053 Cr on record. Court records list 74,542 cases involving the company, including 72,491 filed by the company and 2,056 filed against it; 13,744 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in June 2005. Its 8 peer companies in the BFSI industry (Asset Financing Companies, Large NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 5 smaller; the largest is Creditaccess Grameen Limited with revenue of ₹5,172.66 Cr. The company has 6 MSME Form 1 returns on record between 2023 and 2024, listing 54 overdue payments to 14 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 primeloans.kotak.com.
Company details
CIN U67200MH1996PLC097730
Registration Number 097730
Incorporation Date 28 February 1996
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 June 2025
Date of Balance Sheet 31 March 2025
Parent Company Kotak Mahindra Bank Limited
Compliance Status Active Compliant
CIN history
Kotak Mahindra Prime has one previous CIN (Corporate Identification Number): U67200MH1996PTC097730. The current CIN is U67200MH1996PLC097730, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67200MH1996PLC097730 | Current |
| U67200MH1996PTC097730 | Previous |
Key People
Shahrukh Homi Todiwala Ceo Suraj Rajappan Whole-Time Director Prakash Krishnaji Apte Director Recognitions & Rankings of Kotak Mahindra Prime
Contact details
Kotak Mahindra Prime Limited's registered office is in Mumbai, Maharashtra. Its website is primeloans.kotak.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address27 BKC C 27 G Block Bandra Kurla Complex Bandra (E), Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, Asset Financing Companies, NBFC, Investment & Credit NBFC
To see the full contact details of Kotak Mahindra Prime Limited, buy the company report.
Comprehensive company report
Kotak Mahindra Prime 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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Business activity
The main business activity of Kotak Mahindra Prime is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Kotak Mahindra Prime Limited, buy the company report.
Financials of Kotak Mahindra Prime Limited
FY 2025 filings availableKotak Mahindra Prime Limited reported revenue of ₹4,904.43 Cr (up 25% YoY) for FY 2025.
Revenue · FY 2025
₹4,904.43 Cr ▲ 25%
Net profit · FY 2025
₹999.97 Cr margin 20.4%
EBITDA · FY 2025
₹3,672.69 Cr margin 74.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 22%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 17%
5 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 25% growth in the latest year. EBITDA rose 25% 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 | ₹3,672.69 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹999.97 Cr | ||||
| Balance Sheet | |||||
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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 | 74.9% | ||||
| Net Profit Margin | 20.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Kotak Mahindra Prime Limited, buy the company report.
Board of directors and KMP of Kotak Mahindra Prime Limited
Kotak Mahindra Prime Limited currently reports 9 directors and 1 key managerial person. 25 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Krishnaji Apte | Director | 01 Jan 2024 | 2 Years 9 Months | Current |
| Uday Suresh Kotak Also directs: Kotak Mahindra Bank Limited, Kotak Mahindra Investments Limited, Kotak Mahindra Asset Management Company Limited and 5 more | Director | 13 Dec 1996 | 29 Years 10 Months | Current |
| Vyomesh Dineshchandra Kapasi | Director | 09 Dec 2016 | 9 Years 10 Months | Current |
| Ravi Venkatraman | Director | 04 Aug 2021 | 5 Years 2 Months | Current |
| Tekumalla Nihar Ramana Rao | Director | 12 Mar 2024 | 2 Years 7 Months | Current |
| Shahrukh Homi Todiwala | Ceo | 21 Feb 2025 | 1 Years 8 Months | Current |
Showing 6 of 10 current directors and KMP. View all directors and KMP
Peer comparison
Kotak Mahindra Prime Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Asset Financing Companies, Large NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Creditaccess Grameen Limited | ₹5,172.66 Cr (FY 2024) | 46.0% | Bangalore, Karnataka, India | |||
| Sbi Cards and Payment Services Limited | ₹5,144.36 Cr (FY 2018) | 53.0% | New Delhi, Delhi, India | |||
| Shanghvi Finance Private Limited | ₹5,059.13 Cr (FY 2024) | 118.0% | Mumbai, Maharashtra, India | |||
| Kotak Mahindra Prime Limitedthis company | ₹4,904.43 Cr (FY 2025) | ₹999.97 Cr | 20.4% | 25.0% | 7,912 | Mumbai, Maharashtra, India |
| Religare Enterprises Limited | ₹4,863.23 Cr (FY 2023) | 44.0% | New Delhi, Delhi, India | |||
| India Infrastructure Finance Company Limited | ₹4,776.7 Cr (FY 2022) | 1.0% | New Delhi, Delhi, India | |||
| Credila Financial Services Limited | ₹4,726 Cr (FY 2025) | 71.0% | Mumbai, Maharashtra, India | |||
| Authum Investment & Infrastructure Limited | ₹4,612.22 Cr (FY 2025) | 77.0% | Mumbai, Maharashtra, India | |||
| Fortis Healthcare Holdings Private Limited | ₹4,424.06 Cr (FY 2016) | 9.0% | New Delhi, Delhi, India |
To see the full peer comparison of Kotak Mahindra Prime Limited, buy the company report.
Auditor
Kotak Mahindra Prime Limited is audited by M M NISSIM & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M M NISSIM & CO | FY 2022 | 107122W |
Shareholding
The shareholding of Kotak Mahindra Prime 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 Kotak Mahindra Prime Limited, buy the company report.
Charges & borrowings
Open charges
₹1,12,009 Cr
Satisfied charges
₹83,053 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 2024 | 100982821 | Idbi Trusteeship Services Limited | ₹20,000 Cr | Open | |
| 13 Aug 2024 | 100959270 | Idbi Trusteeship Services Limited | ₹15,000 Cr | Open | |
| 22 Aug 2022 | 100696427 | Idbi Trusteeship Services Limited | ₹15,000 Cr | Open | |
| 29 Jan 2020 | 100323806 | Idbi Trusteeship Services Limited | ₹5,000 Cr | Open | |
| 03 Jul 2019 | 100284781 | Idbi Trusteeship Services Limited | ₹15,000 Cr | Open |
To see the full charge records of Kotak Mahindra Prime Limited, buy the company report.
Total charge records: 53 View all charges
Deals & funding
Kotak Mahindra Prime Limited has 1 deal on record (1 acquisition); the latest was in June 2005.
Total deals
1
Acquisition
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2005 | Acquisition | Undisclosed | Buyer: Kotak Mahindra Bank Limited Seller: Ford Credit International Inc. |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kotak Mahindra Prime Limited has 74,542 court cases on record: 72,491 filed by Kotak Mahindra Prime, 2,056 filed against it. 13,744 cases are pending and 60,798 are disposed.
Total cases
74,542
Filed by the company
72,491
Filed against the company
2,056
Pending
13,744
Disposed
60,798
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 71,364 | 1,350 | 13,500 |
| High courts | 3,111 | 658 | 210 |
| NCLAT | 44 | 32 | 34 |
| Supreme Court | 16 | 10 | 0 |
| NCLT | 7 | 6 | 0 |
Cases on record (5 of 74,542)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Court case (OMP (COMM.)) | Filed against the company by Ms NKG Infrastructure Limited | Pending |
| District court, Central, Delhi | Arbitration matter | Filed against the company by M/S NKG Infrastructure Ltd and Anr | Pending |
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed by the company against Ms KMS Mondialle Pvt Ltd and 4 others | Disposed |
| District court, Chandigarh | Arbitration matter | Filed against the company by an individual | Pending |
| District court, Central, Delhi | Court case (OMP (COMM.)) | Filed against the company by an individual | Pending |
To see the full case history of Kotak Mahindra Prime 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.
Credit ratings & regulatory alerts
Kotak Mahindra Prime Limited was last rated by Icra on 15 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 15 Feb 2022 |
To see the full credit ratings and regulatory alerts of Kotak Mahindra Prime Limited, buy the company report.
MSME payment delays
Kotak Mahindra Prime Limited has 6 MSME Form 1 returns on record between 2023 and 2024, listing 54 overdue payments to 14 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 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shree Ganesh Enterprises.. | |||
| Cameo Corporate Services Limited | |||
| Spacewood Office Solutions Private Limited | |||
| Yethi Consulting Private Limited | |||
| Cxio Technologies Pvt Ltd |
To see the full MSME payment records of Kotak Mahindra Prime Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kotak Mahindra Prime Limited has a workforce of 7,912 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
7,912
Active EPFO establishments
1
Employee growth
22.8%
GST
Kotak Mahindra Prime has 31 GST registrations: 29 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
31
Active
29
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK5934A1ZV | Maharashtra | Active | 01 Jul 2017 |
| 27AAACK5934A2ZU | Maharashtra | Active | 18 Sep 2017 |
| 03AAACK5934A1Z5 | Punjab | Active | 01 Jul 2017 |
| 04AAACK5934A1Z3 | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kotak Mahindra Prime Limited, buy the company report.
Recent activity
Kotak Mahindra Prime Limited has 34 board changes on record since 1996: 10 appointments and 24 cessations. The latest: Suraj Rajappan ceased to be Additional Director on 25 Jun 2025.
Charges
A charge with Others of Rs. 15,000.00 Cr registered on 27 Mar 2012 with Charge ID 10349693 was modified on 23 Oct 2025.
AGM
Kotak Mahindra Prime Limited last Annual general meeting of members was held on 26 Jun 2025 as per latest MCA records.
Ceased
Suraj Rajappan ceased to be Additional Director.
Appointed
Suraj Rajappan was appointed as Whole-Time Director.
Ceased
Ramesh Ganesh Iyer ceased to be Additional Director.
Filing
Kotak Mahindra Prime Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Ramesh Ganesh Iyer was appointed as Director.
Appointed
Shahrukh Homi Todiwala was appointed as CEO.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 20,000.00 Cr with Charge ID 100982821 was registered on 03 Sep 2024.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 15,000.00 Cr with Charge ID 100959270 was registered on 13 Aug 2024.
Ceased
Prakash Krishnaji Apte ceased to be Additional Director.
Ceased
Tekumalla Nihar Ramana Rao ceased to be Additional Director.
126 earlier events are in the company report.
News
Frequently asked questions
Kotak Mahindra Prime is an active public limited company based in Mumbai, Maharashtra, India. The company works in asset financing companies, within the financial services industry. It was incorporated on 28 February 1996 (30+ years old) and is registered under CIN U67200MH1996PLC097730.
Kotak Mahindra Prime has 10 current directors and KMP:
- Suraj Rajappan - Whole-Time Director
- Prakash Krishnaji Apte - Director
- Uday Suresh Kotak - Director
- Vyomesh Dineshchandra Kapasi - Director
- Ravi Venkatraman - Director
- Tekumalla Nihar Ramana Rao - Director
- Amit Mohan - Director
- Akila Urankar - Director
- Ramesh Ganesh Iyer - Director
- Shahrukh Homi Todiwala - Ceo
The latest financial statements of Kotak Mahindra Prime on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kotak Mahindra Prime is 27AAACK5934A1ZV, registered in Maharashtra. The company has 31 GST registrations in all, of which 29 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAACK5934A2ZU (Maharashtra), 03AAACK5934A1Z5 (Punjab), 04AAACK5934A1Z3 (Chandigarh).
The CIN (Corporate Identification Number) of Kotak Mahindra Prime is U67200MH1996PLC097730. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kotak Mahindra Prime has 74,542 court cases on record: 72,491 filed by the company and 2,056 filed against it. 13,744 are pending. Most are in the district courts.
Kotak Mahindra Prime was incorporated on 28 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Kotak Mahindra Prime has 1 deal on record (1 acquisition); the latest was in June 2005.
The peers of Kotak Mahindra Prime by revenue are Creditaccess Grameen Limited, Sbi Cards and Payment Services Limited, Shanghvi Finance Private Limited, Religare Enterprises Limited, India Infrastructure Finance Company Limited and 3 more, all in the BFSI industry (Asset Financing Companies, Large NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities).
Suraj Rajappan ceased to be Additional Director on 25 Jun 2025. Suraj Rajappan was appointed as Whole-Time Director on 04 Jun 2025. Ramesh Ganesh Iyer ceased to be Additional Director on 24 Apr 2025. Kotak Mahindra Prime has 34 board changes on record in total.
Kotak Mahindra Prime has 6 MSME Form 1 returns on record between 2023 and 2024, listing 54 overdue payments to 14 micro and small suppliers. The latest return was filed on 01 May 2024.
Kotak Mahindra Prime can be reached through the website primeloans.kotak.com. Its registered office is in Mumbai, Maharashtra, India.