
About Phronesis Capital Limited
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Phronesis Capital Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 22 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1995PLC089866. Its GSTIN is 27AAACC2071L1ZQ (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.74 Cr. It was formerly known as Capman Capital Markets Limited and Altius Fincap Markets Limited. It is led by directors including Ketan Surendrabhai Shah (Managing Director) and Neha Jain.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1101/02/03 Hubtown Solaris N.S. Phadke Marg Andheri East, Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.64 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹4.58 Cr (net margin 33.6%) and EBITDA of ₹6.18 Cr (EBITDA margin 45.3%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 5% over five years.
The company is associated with 1 brand: Phronesis Capital. As per MCA filings, the company has open charges of ₹4.83 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website phronesiscap.com.
Company details
Name history
Phronesis Capital has undergone 2 name changes throughout its history. The company was previously known as Capman Capital Markets Limited, and Altius Fincap Markets Limited. The current legal name is Phronesis Capital Limited.
| Company Name | Status |
|---|---|
| Phronesis Capital Limited | Current |
| Capman Capital Markets Limited | Previous |
| Altius Fincap Markets Limited | Previous |
CIN history
Phronesis Capital has one previous CIN (Corporate Identification Number): L67120MH1995PLC089866. The current CIN is U67120MH1995PLC089866, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120MH1995PLC089866 | Current |
| L67120MH1995PLC089866 | Previous |
Contact details
Phronesis Capital Limited's registered office is in Mumbai, Maharashtra. Its website is phronesiscap.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1101/02/03 Hubtown Solaris N.S. Phadke Marg Andheri East, Mumbai, Maharashtra, India – 400069
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Phronesis Capital 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
Brands
Phronesis Capital operates one associated brand: Phronesis Capital. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Stock broking and investment services with regulatory compliance in Mumbai. | phronesiscap.com |
Business activity
The main business activity of Phronesis Capital 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 Phronesis Capital Limited, buy the company report.
Financials of Phronesis Capital Limited
FY 2025 filings availablePhronesis Capital Limited reported revenue of ₹13.64 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 7% fall in the latest year. EBITDA fell 7% 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 | ₹6.18 Cr | ||||
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| Net Profit (PAT) | ₹4.58 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 45.3% | ||||
| Net Profit Margin | 33.6% | ||||
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To see the full financial statements and ratios of Phronesis Capital Limited, buy the company report.
Board of directors of Phronesis Capital Limited
Phronesis Capital has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neha Jain | Director | 01 Jun 2021 | 5 Years 5 Months | Current |
| Amit Dhirajlal Parmar | Director | 01 Aug 2016 | 10 Years 3 Months | Current |
| Ketan Surendrabhai Shah | Managing Director | 13 Aug 2015 | 11 Years 2 Months | Current |
| Rahul Nikhil Chokshi | Director | 16 Jul 2012 | 14 Years 3 Months | Current |
| Jinay Ketan Shah | Additional Director | 01 May 2025 | 1 Years 6 Months | Current |
Auditor
Phronesis Capital Limited is audited by Jayesh Sheth& Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jayesh Sheth& Co | FY 2023 | 119586W |
Shareholding
The shareholding of Phronesis Capital 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 Phronesis Capital Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Mar 2022 | 100555841 | Others | ₹4.8 Cr | Open | |
| 24 Feb 1996 | 90243266 | New India Co-Op. Bank Ltd | ₹2.81 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Phronesis Capital Limited has 4 court cases on record: 4 filed by Phronesis Capital. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Phronesis Capital 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 Phronesis Capital Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Phronesis Capital Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
Phronesis Capital has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACC2071L1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Phronesis Capital Limited, buy the company report.
Recent activity
Phronesis Capital Limited has 15 board changes on record since 2010: 5 appointments and 10 cessations. The latest: Jinay Ketan Shah was appointed as Additional Director on 01 May 2025.
8 earlier events are in the company report.
Frequently asked questions
Phronesis Capital is an active public limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 22 June 1995 (31+ years old) and is registered under CIN U67120MH1995PLC089866.
Phronesis Capital has 5 current directors:
- Ketan Surendrabhai Shah - Managing Director
- Neha Jain - Director
- Amit Dhirajlal Parmar - Director
- Rahul Nikhil Chokshi - Director
- Jinay Ketan Shah - Additional Director
The latest financial statements of Phronesis Capital on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Phronesis Capital is 27AAACC2071L1ZQ, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Phronesis Capital is U67120MH1995PLC089866. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Phronesis Capital has 4 court cases on record: 4 filed by the company.
Phronesis Capital was incorporated on 22 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Jinay Ketan Shah was appointed as Additional Director on 01 May 2025. Neha Jain ceased to be Additional Director on 13 Nov 2021. Neha Jain was appointed as Director on 01 Jun 2021. Phronesis Capital has 15 board changes on record in total.
Phronesis Capital can be reached through the website phronesiscap.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Phronesis Capital is at 11010203 Hubtown Solaris N.S. Phadke Marg Andheri East, Mumbai, Maharashtra, India – 400069.

