Indian Company Master Data Made Simple
Indbank Merchant Banking Services Limited
Incorporated in 1989, Indbank Merchant Banking Services Limited has a history spanning 3 decades. Indbank Merchant Banking Services Limited is registered with CIN L65191TN1989PLC017883 (reg. no. 17883). This entity is incorporated as company limited by shares. The company’s authorized capital value is ₹100.00 crore. This company’s paid-up capital is valued at ₹44.38 crore.
The firm focuses on monetary intermediation [this group includes the obtaining of funds in the form of deposits]. It is registered in Chennai. The official address of incorporation is I Floor, Khivraj Complex I No.480, Anna Salai, Nandanam, Chennai, Chennai, Tamil Nadu, India, 600035. The firm continues to be in active status. The entity’s PAN (Permanent Account Number) stands as AAACI2107B. The company may be contacted through its official email: registered@indbankonline.com. Senior management roles are held by Tausif Allabaksh Inamdar (CFO).
Company Overview
- CIN
- Date of Incorporation
- 11/08/1989
- Company Status
- Active
- RoC
- Chennai
- Registration Number
- Balance sheet date
- 31/03/2024
- Company Category
- Company limited by shares
- Company Sub Category
- Non-government company
- Listed in Stock Exchange
- Yes
- Class of Company
- Public Limited Company
- LEI Number
- Authorized Capital
- ₹1,00,00,00,000.00
- Paid up Capital
- ₹44,37,82,000.00
- Activity
- Monetary Intermediation [This group includes the obtaining of funds in the form of deposits]
- registered@indbankonline.com
- PAN
GST Numbers
| State | GST Number | Status |
|---|---|---|
| Andhra Pradesh | 37AAACI2107B1ZB | Active |
| Delhi | 07AAACI2107B2ZD | Active |
| 07AAACI2107B1ZE | Inactive | |
| Gujarat | 24AAACI2107B1ZI | Active |
| Karnataka | 29AAACI2107B2Z7 | Active |
| 29AAACI2107B1Z8 | Inactive | |
| Kerala | 32AAACI2107B1ZL | Active |
| Maharashtra | 27AAACI2107B1ZC | Inactive |
| 27AAACI2107B2ZB | Active | |
| Odisha | 21AAACI2107B1ZO | Active |
ISIN Numbers
| ISIN | Security | Interest Rate | Maturity Date | FISN | CFI |
|---|---|---|---|---|---|
| IN8841B01016 | INDBANK MERCHANT BANKING SERVICES LIMITED EQ LISTING/TRADING APPROVAL AWAITED | - | 12/10/2026 | INDBK MER BNKG/SH VTG | ESVUFN |
| INE841B01017 | INDBANK MERCHANT BANKING SERVICES LIMITED EQ | - | 12/10/2026 | INDBK MER BNKG/SH VTG | ESVUFN |
Balance Sheet
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Net PPE | ₹53.45L | ₹53.46L | ₹69.37L | ₹82.43L | ₹0.00L |
| Goodwill | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Gross PPE | ₹53.45L | ₹445.03L | ₹437.40L | ₹448.26L | ₹0.00L |
| Inventory | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Debt | ₹0.00L | ₹0.62L | ₹0.00L | ₹278.52L | ₹0.00L |
| Common Stock | ₹4,437.82L | ₹4,437.82L | ₹4,437.82L | ₹4,437.82L | ₹0.00L |
| Share Issued | ₹443.78L | ₹443.78L | ₹443.78L | ₹443.78L | ₹0.00L |
| Total Assets | ₹12,313.93L | ₹11,809.01L | ₹10,633.95L | ₹9,738.21L | ₹0.00L |
| Capital Stock | ₹4,437.82L | ₹4,437.82L | ₹4,437.82L | ₹4,437.82L | ₹0.00L |
| Long Term Debt | ₹0.00L | ₹0.62L | ₹0.00L | ₹0.00L | ₹0.00L |
| Current Assets | ₹10,456.88L | ₹10,442.21L | ₹8,009.22L | ₹4,859.71L | ₹0.00L |
| Working Capital | ₹10,405.98L | ₹10,353.14L | ₹5,866.29L | ₹2,718.11L | ₹0.00L |
| Financial Assets | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Invested Capital | ₹9,874.09L | ₹9,165.79L | ₹8,336.91L | ₹7,729.06L | ₹0.00L |
| Other Properties | ₹53.45L | ₹53.46L | ₹69.36L | ₹82.44L | ₹0.00L |
| Common Stock Equity | ₹9,874.09L | ₹9,165.17L | ₹8,336.91L | ₹7,450.54L | ₹0.00L |
| Net Tangible Assets | ₹9,864.66L | ₹9,155.81L | ₹8,331.92L | ₹7,442.81L | ₹0.00L |
| Tangible Book Value | ₹9,864.66L | ₹9,155.81L | ₹8,331.92L | ₹7,442.81L | ₹0.00L |
| Current Liabilities | ₹50.90L | ₹89.07L | ₹2,142.93L | ₹2,141.60L | ₹0.00L |
| Long Term Provisions | ₹174.30L | ₹172.25L | ₹138.13L | ₹124.10L | ₹0.00L |
| Stockholders Equity | ₹9,874.09L | ₹9,165.17L | ₹8,336.91L | ₹7,450.54L | ₹0.00L |
| Other Equity Interest | ₹5,436.27L | ₹4,727.35L | ₹3,899.09L | ₹3,012.72L | ₹0.00L |
| Total Capitalization | ₹9,874.09L | ₹9,165.79L | ₹8,336.91L | ₹7,450.54L | ₹0.00L |
| Investment Properties | ₹242.04L | ₹249.70L | ₹257.36L | ₹265.04L | ₹0.00L |
| Ordinary Shares Number | ₹443.78L | ₹443.78L | ₹443.78L | ₹443.78L | ₹0.00L |
| Other Intangible Assets | ₹9.43L | ₹9.36L | ₹4.99L | ₹7.73L | ₹0.00L |
| Other Non Current Assets | ₹220.35L | ₹281.72L | ₹83.12L | ₹152.81L | ₹0.00L |
| Total Non Current Assets | ₹1,857.04L | ₹1,366.80L | ₹2,624.74L | ₹4,878.49L | ₹0.00L |
| Cash And Cash Equivalents | ₹141.06L | ₹114.86L | ₹62.71L | ₹481.51L | ₹0.00L |
| Construction In Progress | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Other Short Term Investments | ₹8,530.54L | ₹8,566.81L | ₹6,235.56L | ₹2,855.97L | ₹0.00L |
| Other Non Current Liabilities | ₹45.06L | ₹61.38L | ₹15.98L | ₹14.67L | ₹0.00L |
| Derivative Product Liabilities | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Goodwill And Other Intangible Assets | ₹9.43L | ₹9.36L | ₹4.99L | ₹7.73L | ₹0.00L |
| Total Equity Gross Minority Interest | ₹9,874.09L | ₹9,165.17L | ₹8,336.91L | ₹7,450.54L | ₹0.00L |
| Total Liabilities Net Minority Interest | ₹2,439.84L | ₹2,643.84L | ₹2,297.04L | ₹2,287.67L | ₹0.00L |
| Long Term Debt And Capital Lease Obligation | ₹0.00L | ₹0.62L | ₹0.00L | ₹0.00L | ₹0.00L |
| Cash Cash Equivalents And Short Term Investments | ₹8,671.60L | ₹8,186.80L | ₹6,298.27L | ₹3,337.48L | ₹0.00L |
| Total Non Current Liabilities Net Minority Interest | ₹2,388.94L | ₹172.33L | ₹154.11L | ₹146.07L | ₹0.00L |
Cash Flow
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Free Cash Flow | ₹187.53L | -₹32.04L | -₹131.91L | -₹539.04L | ₹0.00L |
| Changes In Cash | ₹41.41L | ₹36.91L | -₹140.28L | -₹721.60L | ₹0.00L |
| End Cash Position | ₹141.06L | ₹99.62L | ₹62.71L | ₹202.99L | ₹0.00L |
| Financing Cash Flow | -₹18.73L | -₹12.18L | -₹7.13L | -₹88.90L | ₹0.00L |
| Investing Cash Flow | -₹144.50L | ₹56.16L | -₹17.48L | -₹102.88L | ₹0.00L |
| Operating Cash Flow | ₹204.64L | -₹7.07L | -₹115.67L | -₹529.82L | ₹0.00L |
| Capital Expenditure | -₹17.11L | -₹24.97L | -₹16.24L | -₹9.22L | ₹0.00L |
| Beginning Cash Position | ₹99.62L | ₹62.71L | ₹202.99L | ₹924.58L | ₹0.00L |
| Other Cash Adjustment Outside Changein Cash | ₹0.03L | ₹0.00L | ₹0.00L | ₹0.01L | ₹1.00L |
Income Statement
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| EBIT | ₹984.11L | ₹1,162.11L | ₹1,172.41L | ₹597.42L | ₹0.00L |
| EBITDA | ₹1,008.07L | ₹1,205.90L | ₹1,210.32L | ₹634.55L | ₹0.00L |
| Basic EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income | ₹712.48L | ₹846.33L | ₹899.87L | ₹350.22L | ₹0.00L |
| Diluted EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Gross Profit | ₹757.90L | ₹955.63L | ₹1,000.30L | ₹811.15L | ₹0.00L |
| Pretax Income | ₹965.38L | ₹1,149.93L | ₹1,165.26L | ₹508.52L | ₹0.00L |
| Tax Provision | ₹263.65L | ₹303.60L | ₹361.39L | ₹235.30L | ₹0.00L |
| Total Revenue | ₹1,818.89L | ₹2,010.62L | ₹1,956.61L | ₹1,590.59L | ₹0.00L |
| Cost Of Revenue | ₹1,060.99L | ₹1,054.99L | ₹956.31L | ₹779.44L | ₹0.00L |
| Total Expenses | ₹1,525.55L | ₹1,493.66L | ₹1,304.10L | ₹1,208.39L | ₹0.00L |
| Interest Income | ₹684.30L | ₹626.51L | ₹475.94L | ₹319.29L | ₹0.00L |
| Interest Expense | ₹18.73L | ₹12.18L | ₹7.13L | ₹88.90L | ₹0.00L |
| Operating Income | ₹293.34L | ₹516.96L | ₹655.47L | ₹382.20L | ₹0.00L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized EBITDA | ₹1,023.73L | ₹1,213.10L | ₹1,125.89L | ₹743.79L | ₹0.00L |
| Normalized Income | ₹713.11L | ₹851.63L | ₹745.80L | ₹349.69L | ₹0.00L |
| Operating Expense | ₹464.56L | ₹438.67L | ₹344.83L | ₹428.95L | ₹0.00L |
| Operating Revenue | ₹1,818.89L | ₹2,010.62L | ₹1,895.86L | ₹1,590.59L | ₹0.00L |
| Net Interest Income | ₹665.57L | ₹614.33L | ₹468.81L | ₹230.30L | ₹0.00L |
| Total Unusual Items | -₹15.66L | -₹7.20L | ₹84.41L | -₹109.24L | ₹0.00L |
| Basic Average Shares | ₹442.53L | ₹443.10L | ₹443.78L | ₹443.78L | ₹0.00L |
| Diluted Average Shares | ₹442.53L | ₹443.10L | ₹443.29L | ₹443.78L | ₹0.00L |
| Other Operating Expenses | ₹440.60L | ₹394.88L | ₹133.59L | ₹143.29L | ₹0.00L |
| Reconciled Depreciation | ₹23.96L | ₹43.79L | ₹37.91L | ₹37.13L | ₹0.00L |
| Reconciled Cost Of Revenue | ₹1,060.99L | ₹1,054.99L | ₹956.31L | ₹779.44L | ₹0.00L |
| Tax Effect Of Unusual Items | -₹4.28L | -₹1.90L | ₹26.18L | -₹32.77L | ₹0.00L |
| Interest Income Non Operating | ₹684.30L | ₹626.51L | ₹475.94L | ₹319.47L | ₹0.00L |
| Interest Expense Non Operating | ₹18.73L | ₹12.18L | ₹7.13L | ₹88.90L | ₹0.00L |
| Net Income Common Stockholders | ₹712.48L | ₹846.33L | ₹899.87L | ₹350.22L | ₹0.00L |
| Net Income Continuous Operations | ₹701.73L | ₹846.33L | ₹803.87L | ₹273.22L | ₹0.00L |
| Diluted NIAvailto Com Stockholders | ₹712.48L | ₹846.33L | ₹899.87L | ₹350.22L | ₹0.00L |
| Net Income Discontinuous Operations | ₹10.75L | ₹0.00L | ₹96.00L | ₹77.00L | ₹0.00L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Unusual Items Excluding Goodwill | -₹15.66L | -₹7.20L | ₹84.17L | -₹109.24L | ₹0.00L |
| Net Non Operating Interest Income Expense | ₹665.57L | ₹614.33L | ₹468.81L | ₹230.30L | ₹0.00L |
| Net Income Including Noncontrolling Interests | ₹712.48L | ₹846.33L | ₹899.87L | ₹350.22L | ₹0.00L |
| Net Income From Continuing And Discontinued Operation | ₹712.48L | ₹846.33L | ₹899.87L | ₹350.22L | ₹0.00L |
| Net Income From Continuing Operation Net Minority Interest | ₹701.73L | ₹846.33L | ₹803.87L | ₹273.22L | ₹0.00L |
Company Performance (FY23–FY26)
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 19/07/2019 | Vaijinath Gavarshetty | 08502484 | Director | View other directorships |
| 29/01/2022 | Chitra Mangalam Achuthanandaiyer | *****1472G | Company Secretary | |
| 28/02/2022 | Haribabu | 09523733 | Whole-time director | View other directorships |
| 22/07/2022 | Sunil Jain | 09665264 | Nominee Director | View other directorships |
| 22/07/2022 | Tausif Allabaksh Inamdar | *****4823J | CFO | |
| 22/03/2024 | Devinder Kumar Singla | 01430327 | Director | View other directorships |
| 20/06/2024 | Ashutosh Choudhury | 09245804 | Nominee Director | View other directorships |
| 17/08/2024 | Vadakke Anavanghot Prasanth | 07583586 | Director | View other directorships |
| 17/08/2024 | Raghumithran Padma | 09112490 | Director | View other directorships |
Business Network
Directors 9
- HaribabuWhole-time director
- Raghumithran PadmaDirector
- Vadakke Anavanghot PrasanthDirector
- Devinder Kumar SinglaDirector
- Vaijinath GavarshettyDirector
- Ashutosh ChoudhuryNominee Director
- Sunil JainNominee Director
- Tausif Allabaksh InamdarCFO
- Chitra Mangalam AchuthanandaiyerCompany Secretary
Latest Documents
| Date | Title | Size |
|---|---|---|
| 16/11/2024 | Form MGT-7-16112024 | - |
| 16/10/2024 | Form AOC-4(XBRL)-16102024 | - |
| 28/03/2024 | Form Addendum to AOC-4 CSR-28032024_signed | - |
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Address
Frequently Asked Questions
The current board member of Indbank Merchant Banking Services Limited are:
- Vaijinath Gavarshetty
- Sunil Jain
- Haribabu
- Vadakke Anavanghot Prasanth
- Raghumithran Padma
- Ashutosh Choudhury
- Devinder Kumar Singla