About Tata Asset Management Private Limited
Data last updated:
Tata Asset Management Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Tata Sons Private Limited. It operates in the asset management firms segment of the financial services sector. It was incorporated on 15 March 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1994PTC077090. Its GSTIN is 27AAACT1458L1Z4 (Maharashtra). The company holds 20 GST registrations, all of them active.
The company has an authorised share capital of ₹55 Cr and a paid-up capital of ₹26.25 Cr. It was formerly known as Tata Asset Management Limited. It is led by directors including Anand Vardarajan (Managing Director) and Gagan Rai.
Its last annual general meeting (AGM) was held on 29 May 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹849.34 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹364.49 Cr (net margin 42.9%) and EBITDA of ₹499.89 Cr (EBITDA margin 58.9%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 24% over five years.
The company has about 620 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Tata Mutual Fund. Court records list 26 cases involving the company, including 6 filed by the company and 20 filed against it; 8 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in March 2019. Its 4 peer companies in the Ecommerce and Internet industry (Asset Management, Finance), with the same principal business activity (activities auxiliary to financial service and insurance activities) are compared by revenue, 2 larger and 2 smaller; the largest is Multiples Alternate Asset Management Private Limited with revenue of ₹788.17 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tatamutualfund.com.
Company details
Name history
Tata Asset Management has undergone 2 name changes throughout its history. The company was previously known as Tata Asset Management Private Limited, and Tata Asset Management Limited. The current legal name is Tata Asset Management Private Limited.
| Company Name | Status |
|---|---|
| Tata Asset Management Private Limited | Current |
| Tata Asset Management Limited | Previous |
CIN history
Tata Asset Management has one previous CIN (Corporate Identification Number): U65990MH1994PLC077090. The current CIN is U65990MH1994PTC077090, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65990MH1994PTC077090 | Current |
| U65990MH1994PLC077090 | Previous |
Contact details
Tata Asset Management Private Limited's registered office is in Mumbai, Maharashtra. Its website is tatamutualfund.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1903 B Wing 19th Floor Parinee Crescenzo G Block Bandra Kurla Complex Bandra Ea, St, Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, Asset Management Firms
To see the full contact details of Tata 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
Brands
Tata Asset Management operates one associated brand: Tata Mutual Fund. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Equity, balanced, and debt funds are managed for investors. | tatamutualfund.com |
Business activity
The main business activity of Tata Asset Management is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Tata Asset Management Private Limited, buy the company report.
Financials of Tata Asset Management Private Limited
FY 2026 filings availableTata Asset Management Private Limited reported revenue of ₹849.34 Cr (up 11% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 11% growth in the latest year. EBITDA rose 14% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹849.34 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹499.89 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹364.49 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 58.9% | ||||
| Net Profit Margin | 42.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Tata Asset Management Private Limited, buy the company report.
Board of directors of Tata Asset Management Private Limited
Tata Asset Management has 6 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gagan Rai Also directs: Tata Aig General Insurance Company Limited | Director | 16 Dec 2021 | 4 Years 10 Months | Current |
| Suprakash Mukhopadhyay Also directs: Tata Investment Corporation Limited, Tata Motors Insurance Broking and Advisory Services Limited, Tata Services Limited and 4 more | Director | 30 Apr 2018 | 8 Years 6 Months | Current |
| Rajiv Sabharwal Also directs: Tata Capital Limited, Tata Securities Limited, Tata Capital Housing Finance Limited and 1 more | Director | 18 Jul 2018 | 8 Years 3 Months | Current |
| Sujit Kumar Varma | Director | 06 Apr 2021 | 5 Years 7 Months | Current |
| Punita Kumar Sinha | Director | 25 Jun 2024 | 2 Years 4 Months | Current |
| Anand Vardarajan | Managing Director | 10 Jul 2026 | 0 Years 4 Months | Current |
Peer comparison
Tata Asset Management Private Limited is compared with the 4 companies closest to it by revenue in the Ecommerce and Internet industry (Asset Management, Finance), with the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tata Asset Management Private Limitedthis company | ₹849.34 Cr (FY 2026) | ₹364.49 Cr | 42.9% | 11.0% | 620 | Mumbai, Maharashtra, India |
| Multiples Alternate Asset Management Private Limited | ₹788.17 Cr (FY 2025) | 173.0% | Mumbai, Maharashtra, India | |||
| The Peerless General Finance & Investment Co Ltd | ₹787.15 Cr (FY 2024) | 30.0% | Kolkata, West Bengal, India | |||
| NDX Financial Services Private Limited | ₹741.93 Cr (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| Srei Infrastructure Finance Limited | ₹739.61 Cr (FY 2024) | -53.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Tata Asset Management Private Limited, buy the company report.
Auditor
Tata Asset Management Private Limited is audited by B S R & CO. LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & CO. LLP | FY 2024 | 101248W/W-100022 |
Shareholding
The shareholding of Tata Asset Management Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tata Asset Management Private Limited, buy the company report.
Deals & funding
Tata Asset Management Private Limited has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in March 2019.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Tata Sons Private Limited & Suprakash Mukhopadhyay, Tata Sons Private Limited & Nikhil Kumar Seller: Tata Sons Private Limited & Zubin Patel, Tata Sons Private Limited & Ishaat Hussain |
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: Tata Sons Private Limited & Zubin Patel Seller: Tata Sons Limited & F K Kavarana |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Tata Sons Private Limited & EN Kapadia, Tata Sons Private Limited & Ishaat Hussain, Tata Sons Limited & F K Kavarana Seller: Tata Sons Private Limited & S Dube, Tata Sons Private Limited & R R Shastri, Tata Sons Private Limited & P D Karkaria |
| Mar 2006 | Acquisition | Undisclosed | Buyer: Tata Opportunities Fund Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Tata Asset Management Private Limited has 26 court cases on record: 6 filed by Tata Asset Management, 20 filed against it. 8 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 15 | 5 |
| High courts | 9 | 5 | 3 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Tata Teleservices Maharashtra Ltd. | Disposed |
| District court, South, Delhi | Court case (Succ. Court) | Filed against the company | Pending |
| District court, South West, Delhi | Court case (Succ. Court) | Filed against the company | Pending |
| High Court, JHARKHAND | Appeal | Filed against the company by an individual | Pending |
| District court, Jabalpur, Madhya Pradesh | Court case (MJC SUC) | Filed against the company by an individual | Pending |
To see the full case history of Tata Asset Management Private 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 Tata Asset Management Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Tata Asset Management has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Tata Pension Management Private Limited | U74140MH2006PTC164217 |
To see the full group structure of Tata Asset Management Private Limited, buy the company report.
Employees & EPFO
Tata Asset Management Private Limited has a workforce of 620 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 620 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Tata Asset Management Private Limited, buy the company report.
GST
Tata Asset Management has 20 GST registrations: 20 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT1458L1Z4 | Maharashtra | Active | 01 Jul 2017 |
| 03AAACT1458L1ZE | Punjab | Active | 01 Jul 2017 |
| 04AAACT1458L1ZC | Chandigarh | Active | 01 Jul 2017 |
| 08AAACT1458L1Z4 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tata Asset Management Private Limited, buy the company report.
Recent activity
Tata Asset Management Private Limited has 33 board changes on record since 2008: 6 appointments and 27 cessations. The latest: Anand Vardarajan was appointed as Managing Director on 10 Jul 2026.
24 earlier events are in the company report.
News
Frequently asked questions
Tata Asset Management is an active private limited company based in Mumbai, Maharashtra, India. The company works in asset management firms, within the financial services industry. It was incorporated on 15 March 1994 (32+ years old) and is registered under CIN U65990MH1994PTC077090.
Tata Asset Management has 6 current directors:
- Anand Vardarajan - Managing Director
- Gagan Rai - Director
- Suprakash Mukhopadhyay - Director
- Rajiv Sabharwal - Director
- Sujit Kumar Varma - Director
- Punita Kumar Sinha - Director
The latest financial statements of Tata Asset Management on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 May 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Tata Asset Management is 27AAACT1458L1Z4, registered in Maharashtra. The company has 20 GST registrations in all, of which 20 are active. Other active GSTINs include 03AAACT1458L1ZE (Punjab), 04AAACT1458L1ZC (Chandigarh), 08AAACT1458L1Z4 (Rajasthan).
The CIN (Corporate Identification Number) of Tata Asset Management is U65990MH1994PTC077090. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tata Asset Management has 26 court cases on record: 6 filed by the company and 20 filed against it. 8 are pending. Most are in the district courts.
Tata Asset Management was incorporated on 15 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Tata Asset Management has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in March 2019.
The peers of Tata Asset Management by revenue are Multiples Alternate Asset Management Private Limited, The Peerless General Finance & Investment Co Ltd, NDX Financial Services Private Limited, Srei Infrastructure Finance Limited, all in the Ecommerce and Internet industry (Asset Management, Finance), with the same principal business activity (activities auxiliary to financial service and insurance activities).
Anand Vardarajan was appointed as Managing Director on 10 Jul 2026. Punita Kumar Sinha ceased to be Additional Director on 25 May 2025. Punita Kumar Sinha was appointed as Director on 25 Jun 2024. Tata Asset Management has 33 board changes on record in total.
Tata Asset Management can be reached through the website tatamutualfund.com. Its registered office is in Mumbai, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
