Ncdex E Markets Limited - Company Profile

Q: Who are the current directors of Ncdex E Markets Limited?

The current directors of Ncdex E Markets Limited are Siddhartha Shekhar Singh, Sanjeev Rohilla, Akshata Madhukar Vengurlekar, Dinesh Kumar Mehrotra, Praveen Rudraiah Hiremath, Asim Halder, Rajiv Jalota, Narayanan Sadanandan.

It is a e-commerce public limited company based in Mumbai, Maharashtra, India, established in 2006.

2006 Mumbai, Maharashtra, India Active

Last Updated: March 06, 2026

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About Ncdex E Markets Limited

Ncdex E Markets Limited, a active public limited company, was established on 18 October 2006 in Mumbai, Maharashtra, India. Engaging in general e-commerce platforms within the financial and insurance service sector, it holds CIN: U93090MH2006PLC165172. Registered under ROC Roc Mumbai I. it is unlisted. It has an authorized capital of ₹50.00 Cr and a paid-up capital of ₹35.60 Cr.

Formerly known as Ncdex Spot Exchange Limited. It upholds a compliant status. Employing 273 professional, Its leadership includes Siddhartha Shekhar Singh (Director), Sanjeev Rohilla (Director), Dinesh Kumar Mehrotra (Director). Past directors included Rakesh Kapur, Vinod Kumar Malhotra, Shailesh Sharadkumar Chitre. It holds ₹1.55 Cr open charges and ₹10.00 Cr settled loans. Its latest AGM occurred on 29 July 2025, with the balance sheet filed on 31 March 2025. It is based at Unit No.101 & 101 T, First Floor,Ackruti Corporate Park,L.B.S Marg, Next To Ge Garden, Kanj, Urmarg (W), Mumbai, Maharashtra, 400079.

Company Details

CIN/LLPIN
U93090MH2006PLC165172
Registration Number
165172
Incorporation Date
18 October 2006
Authorized Capital
₹50.00 Cr
Paid-Up Capital
₹35.60 Cr
ROC Code
Roc Mumbai I
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 50.00 Cr as on 06-03-2026
Paid Up Capital ₹ 35.60 Cr as on 06-03-2026
Company Age 19 Year, 5 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 1.55 Cr as on 06-03-2026
Satisfied Charges ₹ 10.00 Cr as on 06-03-2026
Revenue Growth **** 45.72% (FY 2023)
Profit Growth **** 111.21% (FY 2023)
Ebitda **** 102.18% (FY 2023)
Net Worth 1.94% (FY 2023)
Total Assets -1.73% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Ncdex E Markets 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 Ncdex E Markets Limited?

Current Directors

Name	Designation	Appointment Date	Status
Siddhartha Shekhar Singh	Director	16 May 2022	Current
Sanjeev Rohilla	Director	08 Feb 2025	Current
Dinesh Kumar Mehrotra	Director	16 May 2025	Current
Praveen Rudraiah Hiremath	Ceo	15 Jul 2024	Current
Rajiv Jalota	Additional Director	30 Sep 2025	Current
Narayanan Sadanandan	Additional Director	30 Sep 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	01 Aug 2024	Past
Pramod Abcsdd	Director	27 Jan 2010	Past
Pramod Abcsdd	Ceo	-	Past
Pramod Abcsdd	Cfo(Kmp)	-	Past
Pramod Abcsdd	Additional Director	17 Apr 2008	Past
Pramod Abcsdd	Director	11 Jun 2019	Past

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Financial Performance of Ncdex E Markets.

Ncdex E Markets Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.72% increase. The company also saw a substantial improvement in profitability, with a 111.21% increase in profit. The company's net worth moved up by a moderate rise of 1.94%.

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

********

45.72%

*******

Revenue from Operations

*******

55.17%

*******

Total Assets

*******

-1.73%

*******

Profit or Loss

*******

111.21%

*******

Net Worth

*******

1.94%

*******

EBITDA

*******

102.18%

*******

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What is the Ownership and Shareholding Structure of Ncdex E Markets?

In 2023, Ncdex E Markets had a promoter holding of 99.73% and a public holding of 0.27%. The company had 2 Joint Ventures. 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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Charges (Loans)

Open Charges

₹15,500,000.00

Satisfied Charges

₹100,000,000.00

Charges Breakdown by Lending Institutions

Axis Bank Limited : 1.35 Cr
Citi Bank N.A. : 0.10 Cr
Others : 0.10 Cr

Latest Charge Details

Date	Lender	Amount	Status
10 Sep 2025	Axis Bank Limited	₹1.35 Cr	Open
29 Jun 2022	Others	₹1.00 M	Open
02 Mar 2022	Citi Bank N.A.	₹1.00 M	Open
19 Sep 2019	State Bank Of India	₹10.00 Cr	Satisfied

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How Many Employees Work at Ncdex E Markets?

Ncdex E Markets has a workforce of 273 employees as of Sep 23, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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 Ncdex E Markets, 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 Ncdex E Markets's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

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 Ncdex E Markets

Recent Activity within the Organization

Director Appointment

Rajiv Jalota was appointed as a Additional Director was appointed as a Additional Director on 30 Sep 2025 & has been associated with this company since 5 months 25 days . was recorded as a recent event.
30 Sep 2025
Director Appointment

Progress on Narayanan Sadanandan was appointed as a Additional Director was appointed as a Additional Director on 30 Sep 2025 & has been associated with this company since 5 months 25 days . was documented.
30 Sep 2025
Charges

Progress on A charge with Axis Bank Limited amounted to Rs. 1.35 Cr with Charge ID 101151805 was registered on 10 Sep 2025. was documented.
10 Sep 2025
Annual General Meeting

Ncdex E Markets Limited last Annual general meeting of members was held on 29 Jul 2025 as per latest MCA records. was recorded as a recent event.
29 Jul 2025
Director Appointment

Asim Halder was appointed as a Cfo was appointed as a Cfo on 03 Jun 2025 & has been associated with this company since 9 months 22 days . was recorded as a recent event.
03 Jun 2025
Director Appointment

The activity Dinesh Kumar Mehrotra was appointed as a Director was appointed as a Director on 16 May 2025 & has been associated with this company since 10 months 9 days . was completed.
16 May 2025

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