About PL Asset Management Private Limited
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PL Asset Management Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Prabhudas Lilladher Advisory Services Private Limited. It operates in the portfolio management services segment of the financial services sector. It was incorporated on 31 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2008PTC180645. Its GSTIN is 27AAECP6209P1ZX (Maharashtra).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Pl Fund Advisors Private Limited. It is led by directors including Rupesh Jagdish Agrawal and Siddharth Niraj Vora.
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 3rd Floor Sadhana House 570 P. B. Marg Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.42 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net loss of ₹18.6 Lakh (net margin -5.4%) and EBITDA of -₹36.06 Lakh (EBITDA margin -10.5%). Revenue has grown at a compounded annual rate (CAGR) of 166% over three years and 52% over five years.
As per MCA filings, the company has satisfied charges of ₹63.9 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website plindia.com.
Company details
Contact details
PL Asset Management Private Limited's registered office is in Mumbai, Maharashtra. Its website is plindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3rd Floor Sadhana House 570 P. B. Marg Worli, Mumbai, Maharashtra, India – 400018
- IndustryFinancial Services, Portfolio Management Services
To see the full contact details of PL Asset Management Private 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
Business activity
The main business activity of PL Asset Management is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of PL Asset Management Private Limited, buy the company report.
Financials of PL Asset Management Private Limited
FY 2025 filings availablePL Asset Management Private Limited reported revenue of ₹3.42 Cr (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 52% over five years, including 29% growth in the latest year. EBITDA fell 119% 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 | -₹36.06 Lakh | ||||
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| Net Profit (PAT) | -₹18.6 Lakh | ||||
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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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| EBITDA Margin | -10.5% | ||||
| Net Profit Margin | -5.4% | ||||
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To see the full financial statements and ratios of PL Asset Management Private Limited, buy the company report.
Board of directors of PL Asset Management Private Limited
PL Asset Management has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rupesh Jagdish Agrawal | Director | 21 Nov 2022 | 3 Years 11 Months | Current |
| Siddharth Niraj Vora Also directs: Prabhudas Lilladher Advisory Services Limited, Prabhudas Lilladher Private Limited, Facile Engineering Private Limited and 5 more | Director | 15 Nov 2022 | 3 Years 11 Months | Current |
| Dhiren Prabhudas Sheth | Director | 31 Mar 2008 | 18 Years 6 Months | Current |
| Amisha Niraj Vora | Director | 31 Mar 2008 | 18 Years 6 Months | Current |
| Nupur Ashok Patel | Additional Director | 23 Dec 2025 | 0 Years 10 Months | Current |
Auditor
PL Asset Management Private Limited is audited by Talati and Talati LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Talati and Talati LLP | FY 2023 | 11110758W/W100377 |
Shareholding
The shareholding of PL Asset Management Private 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 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of PL Asset Management Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2010 | 10231097 | Idbi Trusteeship Services Limited | ₹63.9 Cr | Satisfied |
To see the full charge records of PL Asset Management Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving PL Asset Management Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for PL Asset Management Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
PL Asset Management has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECP6209P1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of PL Asset Management Private Limited, buy the company report.
Recent activity
PL Asset Management Private Limited has 13 board changes on record since 2008: 5 appointments and 8 cessations. The latest: Nupur Ashok Patel was appointed as Additional Director on 23 Dec 2025.
6 earlier events are in the company report.
Frequently asked questions
PL Asset Management is an active private limited company based in Mumbai, Maharashtra, India. The company works in portfolio management services, within the financial services industry. It was incorporated on 31 March 2008 (18+ years old) and is registered under CIN U74140MH2008PTC180645.
PL Asset Management has 5 current directors:
- Rupesh Jagdish Agrawal - Director
- Siddharth Niraj Vora - Director
- Dhiren Prabhudas Sheth - Director
- Amisha Niraj Vora - Director
- Nupur Ashok Patel - Additional Director
The latest financial statements of PL Asset Management 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 PL Asset Management is 27AAECP6209P1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of PL Asset Management is U74140MH2008PTC180645. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
PL Asset Management was incorporated on 31 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Nupur Ashok Patel was appointed as Additional Director on 23 Dec 2025. Rupesh Jagdish Agrawal ceased to be Additional Director on 13 Sep 2023. Siddharth Niraj Vora ceased to be Additional Director on 13 Sep 2023. PL Asset Management has 13 board changes on record in total.
PL Asset Management can be reached through the website plindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of PL Asset Management is at 3rd Floor Sadhana House 570 P. B. Marg Worli, Mumbai, Maharashtra, India – 400018.
PL Asset Management operates in the financial services industry, in the portfolio management services segment.