Company Intelligence Profile
Kotak Mahindra Asset Management Company Limited
Wholly owned Kotak Mahindra Bank subsidiary that manages Kotak Mahindra Mutual Fund; one of India's larger AMCs, FY25 PAT ₹796.56 Cr.
CIN: U65991MH1994PLC080009Active — Public Limited Company (unlisted), wholly owned subsidiary of Kotak Mahindra Bank Ltd (source: Tofler, TheCompanyCheck)RoC-Mumbai, Maharashtra (source: TheCompanyCheck / Tofler)Confidence: high
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Kotak Mahindra Asset Management Company Limited |
|---|---|
| CIN | U65991MH1994PLC080009 |
| PAN | AAACK5576C (derived from GSTIN 27AAACK5576C1ZL; source: piceapp/microvistatech GST listings) |
| Status | Active — Public Limited Company (unlisted), wholly owned subsidiary of Kotak Mahindra Bank Ltd (source: Tofler, TheCompanyCheck) |
| Listing | No — unlisted. Wholly owned subsidiary of Kotak Mahindra Bank Ltd (KOTAKBANK, listed on NSE/BSE). The AMC itself is not separately listed. |
| Incorporated | 02 August 1994 (source: Tofler, TheCompanyCheck — both agree) |
| ROC | RoC-Mumbai, Maharashtra (source: TheCompanyCheck / Tofler) |
| Sector (NIC) | Financial services — asset management / mutual fund investment management (NIC 6430/6630 fund management activities). Sector code family U65991 (financial intermediation) per CIN. |
| Registered address | 27BKC, C-27, G Block, Bandra Kurla Complex, Bandra (East), Mumbai City, Mumbai, Maharashtra 400051 (source: Tofler, TheCompanyCheck — agree) |
| Authorized capital | ₹40 Cr (source: Tofler, TheCompanyCheck — agree) |
| Paid-up capital | ₹29.8 Cr (source: Tofler, TheCompanyCheck — agree) |
Business Overview
Confirmed- Investment manager (Asset Management Company) to the schemes of Kotak Mahindra Mutual Fund
- also provides Portfolio Management Services (PMS) and offshore/advisory mandates
- Wholly owned subsidiary of Kotak Mahindra Bank Ltd. One of India's larger AMCs by AUM
- Reported AUM figure of ₹5,66,981.82 Cr (as of Dec 2025, per FY25 annual-report-linked disclosure — this is mutual fund AUM managed, not the company's own balance sheet)
- (Sources: Wikipedia, kotakmf.com, Kotak Bank FY25 subsidiary annual report)
Directors & DINs
Partial / conflictingBoard of 8 directors (Tofler/TheCompanyCheck agree on the roster):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Nilesh Dhirajlal Shah | 01711720 | Managing Director | - |
| Uday Suresh Kotak | 00007467 | Director/Chairman Non-Executive | - |
| Gaurang Balkrishna Shah | - | Director | - |
| Krishnakumar Natarajan | - | Director | - |
| Sanjiv Malhotra | - | Director | - |
| Laxminarayan Rangarajan | - | Director | - |
| Jaideep Hansraj | - | Director | - |
| Anjali Ishan Raina | - | Director | - |
GST & PAN
Confirmed| GSTIN | State | PAN | Status |
|---|---|---|---|
| 27AAACK5576C1ZL | Maharashtra | AAACK5576C (derived from GSTIN 27AAACK5576C1ZL; source: piceapp/microvistatech GST listings) | Active |
Primary GSTIN: 27AAACK5576C1ZL (Maharashtra, state code 27), registered 01 Jul 2017, entity type Public Limited Company, Mumbai Suburban (source: piceapp, microvistatech GST listings). PAN: AAACK5576C. Home state: Maharashtra. Number of registrations across states: not obtained (multiple likely given pan-India operations, but not confirmed). Status: Active (per listing). A company GST/PAN disclosure PDF exists on kotak.com confirming the entity's PAN.
Financials
Partial / conflictingStandalone figures from Kotak Mahindra Bank FY2024-25 subsidiary annual report (source: kotak.bank.in FY25 subsidiary AR PDF + TheCompanyCheck):
| Profit After Tax (PAT) | ₹796.56 Cr (₹79,655.82 lakh) for FY2024-25, up from ₹590.58 Cr (₹59,058.42 lakh) in FY2023-24 (CONFIRMED via annual report text; ~+34.9% YoY) |
|---|---|
| Total revenue/income | ₹1,509.06 Cr FY2025, ~32% YoY growth (source: TheCompanyCheck — PARTIAL, single source) |
| EBITDA | not obtained (exact figure) |
| Net worth | not obtained (exact figure) |
| Borrowings | not obtained — AMCs typically carry negligible/no debt; not confirmed |
Basis: standalone. Consolidated figures roll up into Kotak Mahindra Bank's consolidated accounts. FY end: 31 March.
Credit Ratings
Partial / conflicting- ICRA has a dedicated rating rationale for "Kotak Mahindra Asset Management Company Limited" (ICRA CompanyId=14174
- latest rationale dated 31 March 2026, analysts Sachin Sachdeva & Varun Dhapade — source: icra.in rationale PDF id=142071)
- Reported grade from search: [ICRA]AAA (Stable) / [ICRA]A1+, reflecting strong parent (Kotak Mahindra Bank, also ICRA AAA(Stable)/A1+) support
- PARTIAL/CAUTION: the exact AMC-specific grade could not be extracted from the encoded PDF, and the AAA/A1+ level may reflect the parent group — potential entity-confusion
- treat grade as indicative pending the rationale text
- No CARE/CRISIL rating specific to the AMC obtained
Legal
Confirmed- Securities Appellate Tribunal (SAT) — Appeal No. 654 of 2021, Kotak Mahindra Asset Management Company Ltd vs SEBI, judgment 17 Feb 2025 (indiankanoon.org/doc/33603088/)
- Matter concerned Kotak MF's fixed maturity plan (FMP) investments in Essel Group entities (Konti/Edison) backed by pledged Zee Entertainment shares
- SAT upheld findings of inadequate due diligence and penalties but set aside the disgorgement direction
- The Supreme Court has reserved its verdict on cross-appeals against the SAT ruling (source: LiveLaw)
- Other matters are routine parent-bank recovery cases and not against the AMC
Competitors
Confirmed- Named Indian AMC peers: SBI Funds Management (SBI Mutual Fund — largest by AUM), HDFC Asset Management Company (large, listed), ICICI Prudential Asset Management Company (large), Nippon Life India Asset Management (large, listed), Aditya Birla Sun Life AMC (mid-large, listed), UTI Asset Management Company (mid-large, listed)
- Kotak Mahindra AMC ranks among the top ~6-8 AMCs in India by AUM (large scale)
Frequently Asked Questions
What does Kotak Mahindra Asset Management Company Limited do?
Wholly owned Kotak Mahindra Bank subsidiary that manages Kotak Mahindra Mutual Fund; one of India's larger AMCs, FY25 PAT ₹796.56 Cr.
What is the CIN of Kotak Mahindra Asset Management Company Limited?
The Corporate Identification Number (CIN) of Kotak Mahindra Asset Management Company Limited is U65991MH1994PLC080009.
Where is Kotak Mahindra Asset Management Company Limited registered?
Kotak Mahindra Asset Management Company Limited is registered with RoC-Mumbai, Maharashtra (source: TheCompanyCheck / Tofler). Registered address: 27BKC, C-27, G Block, Bandra Kurla Complex, Bandra (East), Mumbai City, Mumbai, Maharashtra 400051 (source: Tofler, TheCompanyCheck — agree)
When was Kotak Mahindra Asset Management Company Limited incorporated?
Kotak Mahindra Asset Management Company Limited was incorporated on 02 August 1994 (source: Tofler, TheCompanyCheck — both agree).
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