Piramal Fund Management Limited - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 2005.

2005 Mumbai, Maharashtra, India Active

Last Updated: January 11, 2026

About Piramal Fund Management Limited

Piramal Fund Management Limited, a active public limited company, was established on 14 July 2005 in Mumbai, Maharashtra, India. Engaging in portfolio management services within the financial and insurance service sector, it holds CIN: U67190MH2005PTC154781. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.15 Cr and a paid-up capital of ₹1.15 Cr.

Formerly known as Indiareit Fund Advisors Private Limited, Piramal Fund Management Limited. It upholds a compliant status. Employing 6 professional, Its leadership includes Shitin Dayalji Desai (Director), Ajay Gopikisan Piramal (Director), Niraj Pankaj Bhukhanwala (Director). Past directors included Satya Paul Ahuja, Ramesh Tikuchand Jogani, Shitin Dayalji Desai. It holds ₹7.50 Cr open charges and ₹1,600.00 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 4Th Floor, Piramal Tower, Peninsula Corporate Park, G.K. Marg, Lower Parel, Mumbai, Mumbai, Maharashtra, 400013.

Company Details

CIN/LLPIN
U67190MH2005PLC154781
Registration Number
154781
Incorporation Date
14 July 2005
Authorized Capital
₹2.15 Cr
Paid-Up Capital
₹1.15 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 2.15 Cr as on 11-01-2026
Paid Up Capital ₹ 1.15 Cr as on 11-01-2026
Company Age 20 Year, 8 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 7.50 Cr as on 11-01-2026
Satisfied Charges ₹ 1,600.00 Cr as on 11-01-2026
Revenue Growth **** -53.74% (FY 2023)
Profit Growth **** -307.41% (FY 2023)
Ebitda **** -1410.92% (FY 2023)
Net Worth -364.07% (FY 2023)
Total Assets -7.74% (FY 2023)

Comprehensive Company Insights

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

Access Report

Who are the key members and board of directors at Piramal Fund Management Limited?

Current Directors

Name	Designation	Appointment Date	Status
Shitin Dayalji Desai	Director	18 Dec 2015	Current
Ajay Gopikisan Piramal	Director	08 Aug 2005	Current
Niraj Pankaj Bhukhanwala	Director	08 Aug 2005	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	01 Oct 2011	Past
Pramod Abcsdd	Managing Director	29 Aug 2012	Past
Pramod Abcsdd	Additional Director	27 Sep 2016	Past
Pramod Abcsdd	Director	04 Apr 2008	Past
Pramod Abcsdd	Managing Director	28 Feb 2017	Past
Pramod Abcsdd	Director	03 May 2022	Past

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Financial Performance of Piramal Fund Management.

Piramal Fund Management Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 53.74% decrease. The company also saw a substantial fall in profitability, with a 307.41% decrease in profit. The company's net worth observed a substantial decline by a decrease of 364.07%.

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

********

-53.74%

*******

Revenue from Operations

*******

-58.67%

*******

Total Assets

*******

-7.74%

*******

Profit or Loss

*******

-307.41%

*******

Net Worth

*******

-364.07%

*******

EBITDA

*******

-1410.92%

*******

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What is the Ownership and Shareholding Structure of Piramal Fund Management?

In 2023, Piramal Fund Management had a promoter holding of 100.00%. 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

₹75,000,000.00

Satisfied Charges

₹16,000,000,000.00

Charges Breakdown by Lending Institutions

Hdfc Bank Limited : 7.50 Cr

Latest Charge Details

Date	Lender	Amount	Status
05 Aug 2011	Hdfc Bank Limited	₹7.50 Cr	Open
15 Sep 2019	Others	₹1,600.00 Cr	Satisfied

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How Many Employees Work at Piramal Fund Management?

Piramal Fund Management has a workforce of 6 employees as of Apr 04, 2024. 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 Piramal Fund Management, 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 Piramal Fund Management'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 Piramal Fund Management

Recent Activity within the Organization

Annual General Meeting

Piramal Fund Management Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.
30 Sep 2025
Balance Sheet

Piramal Fund Management Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.
31 Mar 2025
Charges

Progress on A charge registered on 15 Sep 2019 via Charge ID 100287161 with Others was fully satisfied on 25 Aug 2020. was documented.
25 Aug 2020
Charges

A charge with Others amounted to Rs. 1,600.00 Cr with Charge ID 100287161 was registered on 15 Sep 2019. was recorded as a recent event.
15 Sep 2019
Director Appointment

Shitin Dayalji Desai was appointed as a Director was appointed as a Director on 18 Dec 2015 & has been associated with this company since 10 years 3 months . was recorded as a recent event.
18 Dec 2015
Charges

The activity A charge with Hdfc Bank Limited of Rs. 7.50 Cr registered on 05 Aug 2011 with Charge ID 10304237 was modified on 30 Oct 2012. was completed.
30 Oct 2012

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