Multiplus Holdings Limited - Company Profile

Q: Who are the current directors of Multiplus Holdings Limited?

The current directors of Multiplus Holdings Limited are Jignesh Ramniklal Sheth, Jayprakash Ramniklal Sheth, Alpesh Hasmukhrai Modi, Ajay Dhanjibhai Gungla, Mahesh Vijaykumar Fulpadia, Kavita Jayprakash Sheth, Jyoti Agrawal.

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1982.

1982 Mumbai, Maharashtra, India Active

Last Updated: January 09, 2026

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About Multiplus Holdings Limited

Multiplus Holdings Limited, a active public limited company, was established on 24 February 1982 in Mumbai, Maharashtra, India. Engaging in investment banking & advisory within the financial and insurance service sector, it holds CIN: L65990MH1982PLC026425. Registered under ROC Roc Mumbai. it is listed on BSE: 505594. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹1.88 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹6.43 Cr and a net worth of ₹22.36 Cr. Its leadership includes Jignesh Ramniklal Sheth (Managing Director), Jayprakash Ramniklal Sheth (Director), Alpesh Hasmukhrai Modi (Director). Past directors included Jignesh Ramniklal Sheth, Rajiv Prafulbhai Kamdar, Jayprakash Ramniklal Sheth. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 101, B Wing, Bhaveshwar Plaza, L B S Marg, Ghatkopar (W), Mumbai, Maharashtra, 400086.

Company Details

CIN/LLPIN
L65990MH1982PLC026425
Registration Number
026425
Incorporation Date
24 February 1982
Authorized Capital
₹10.00 Cr
Paid-Up Capital
₹1.88 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 505594)
Company Status
Active

Key Metrics

Authorised Capital ₹ 10.00 Cr as on 09-01-2026
Paid Up Capital ₹ 1.88 Cr as on 09-01-2026
Company Age 44 Year,
Last Filing with ROC 31 Mar 2024
Revenue Growth **** 70.07% (FY 2023)
Profit Growth **** 51.97% (FY 2023)
Ebitda **** 67.64% (FY 2023)
Net Worth 1.10% (FY 2023)
Total Assets **** 4.55% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Multiplus Holdings Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Multiplus Holdings Limited?

Current Directors

Name	Designation	Appointment Date	Status
Jignesh Ramniklal Sheth	Managing Director	25 Jun 2007	Current
Jayprakash Ramniklal Sheth	Director	31 Aug 2007	Current
Alpesh Hasmukhrai Modi	Director	30 Apr 2016	Current
Ajay Dhanjibhai Gungla	Director	30 Apr 2016	Current
Kavita Jayprakash Sheth	Director	31 Mar 2015	Current
Mahesh Vijaykumar Fulpadia	Cfo	31 Aug 2015	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	20 Jun 2008	Past
Pramod Abcsdd	Director	30 Apr 2016	Past
Pramod Abcsdd	Additional Director	20 Sep 2008	Past
Pramod Abcsdd	Director	31 Aug 2007	Past
Pramod Abcsdd	Director	20 Jun 2008	Past
Pramod Abcsdd	Additional Director	17 Sep 2016	Past

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Financial Performance of Multiplus Holdings.

Multiplus Holdings Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 70.07% increase. The company also saw a substantial improvement in profitability, with a 51.97% increase in profit. The company's net worth moved up by a moderate rise of 1.1%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

70.07%

*******

Revenue from Operations

*******

64.97%

*******

Total Assets

*******

4.55%

*******

Profit or Loss

*******

51.97%

*******

Net Worth

*******

1.10%

*******

EBITDA

*******

67.64%

*******

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What is the Ownership and Shareholding Structure of Multiplus Holdings?

In 2022, Multiplus Holdings had a promoter holding of 52.69% and a public holding of 47.31%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Multiplus Holdings?

Unlock and access historical data on people associated with Multiplus Holdings, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Multiplus Holdings, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Multiplus Holdings's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Multiplus Holdings

Recent Activity within the Organization

Annual General Meeting

Multiplus Holdings Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.
30 Sep 2024
Balance Sheet

Multiplus Holdings Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.
31 Mar 2024
Director Appointment

The activity Jyoti Agrawal was appointed as a Company Secretary was appointed as a Company Secretary on 28 Dec 2023 & has been associated with this company since 2 years 2 months . was completed.
28 Dec 2023
Director Appointment

Progress on Alpesh Hasmukhrai Modi was appointed as a Director was appointed as a Director on 30 Apr 2016 & has been associated with this company since 9 years 9 months . was documented.
30 Apr 2016
Director Appointment

The activity Ajay Dhanjibhai Gungla was appointed as a Director was appointed as a Director on 30 Apr 2016 & has been associated with this company since 9 years 9 months . was completed.
30 Apr 2016
Director Appointment

Mahesh Vijaykumar Fulpadia was appointed as a CFO was appointed as a CFO on 31 Aug 2015 & has been associated with this company since 10 years 5 months . was recorded as a recent event.
31 Aug 2015

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