What we do Indbank Merchant Banking Services Ltd is a public sector merchant banking company offering services in merchant banking, stock broking, depository participant and related financial services. |
Founded in 1,989 |
Market share One of the leading public sector merchant banking firms with extensive presence across key Indian stock exchanges and strong client base. |
Problem solved Facilitates capital market access, investment advisory, and comprehensive financial solutions for retail and institutional clients. |
Top clients or who we serve Serving institutional and individual investors across stockbroking and depository services; operates in B2B and B2C sectors. |
Key management - |
Our journey and innovations Established in 1989 as a subsidiary of Indian Bank, first public sector merchant bank to list; pioneered sector-specific offshore funds with international partners. |
Where we operate Primarily India with offices in Chennai and other major cities; operates on NSE, BSE, MCX-SX and registered with NSDL. |
Top products or what we offer Merchant banking services including issue management, loan syndication, stock broking, portfolio and treasury management, depository participant operations. |
Top brands Depository services with 91,360 accounts; Stockbroking operations with over 50,000 accounts; Sector-specific offshore funds launched with UK partners. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily from fee-based recurring services like broking and portfolio management; fund-based activities have been discontinued. |
Our industry position Leading public sector merchant banking subsidiary with strong regional presence and comprehensive financial offerings. |
Financial highlights FY 2024-25 revenue Rs. 2660 million with net profit Rs. 846 million; consistent profitability and growing broking turnover Rs. 15,709 crore. |
Geographical revenue split Majority revenue from Indian markets through NSE, BSE, MCX-SX trading and depository activities. |
Order book - |
Whats driving growth Growth driven by expanded branch network, increasing institutional and retail client trades, and diversified fee-based services. |
Our future plans Focus on growing fee-based income, reducing non-performing assets, and leveraging technology to expand client reach. |
Our green promise - |
Our people and values Committed workforce with focus on governance, compliance, and client service excellence. |
Key challenges ahead Regulatory changes, market volatility, and recovery of non-performing assets remain key challenges. |
Interesting facts First and only public sector merchant banking subsidiary to go public; pioneered India’s first sector-specific offshore fund. |
Risks and strategy Risk mitigated through diversified financial services, prudent asset recovery, and maintaining strong compliance and governance. |
