India Capital Management Limited (Ebene)


India Capital Management Limited is a large advisory firm based in Ebene. It manages $334.97 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2005.

India Capital Management Limited provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

India Capital Management Limited: assets under management

The assets under management (AUM) of India Capital Management Limited is $334.97 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 69% since the beginning of its operation, and $334.97 million of the total AUM is attributable to clients outside of the United States.

The firm manages $334.97 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $334.97 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay India Capital Management Limited for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Bhanu Pratabsingh Jaddoo serves?

The only and largest group of clients of Bhanu Pratabsingh Jaddoo is pooled investment vehicles with 1 clients and $334.97 million of assets under management. Among the 6 most similar advisory firms, India Capital Management Limited has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $334.97 million for 1 clients. 100% of the firm’s clients are foreign persons or businesses.

India Capital Management Limited also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at India Capital Management Limited

The company employs 7 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Bhanu Pratabsingh Jaddoo has been acting as President since 1 Jan 2014. Tda Holdings Ltd joined the executive team most recently as the Shareholder.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Jon Thorn Director 1 Jan 2000 Other 6041992
Dev Joory Director 1 Jan 2000 Other 5077124
Kapil Dev Joory Director 1 Jan 2000 Other 5075662
Patrick Carpenter Director 1 Jun 2002 Other 5077119
Rubina Toorawa Director 1 Jun 2003 Other 5077121
The Gullfoss Settlement Shareholder 1 Aug 2007 75% - 100% foreign
Sudesh Basanta Lala Chief executive officer and director (as of 12/28/13) 1 Jun 2010 Other 6041997
Francois Delalande Director 1 Dec 2011 Other 6041994
Hemant Kumar Parsenora Chief compliance officer 1 Aug 2012 Other 6108876
Bhanu Pratabsingh Jaddoo Director 1 Jan 2014 Other 6423683
James Walker Director 1 Dec 2014 Other 6589892
Christopher Burnell Brader Director 1 Dec 2015 Other 1853973
Tda Holdings Ltd Shareholder 1 Nov 2017 25% - 50% foreign

Indirect Owners

The SEC currently registers 9 indirect owners.

Name Entity Date acquired Ownership Employer ID
Couldip Basanta Lala Shareholder 1 Dec 1993 50% - 75% 6042000
Kapil Dev Joory Shareholder 1 Dec 1993 50% - 75% 5075662
Kapil Dev Joory Shareholder 1 Jul 1997 50% - 75% 5075662
Couldip Basanta Lala Shareholder 1 Jul 1997 50% - 75% 6042000
International Financial Services Limited Trustee 1 Jul 2007 Other foreign
Ifs Trustees Trustee 1 Jul 2007 Other foreign
Ifs Trustees Trustee 1 Aug 2007 Other n/a
Sanne Trustees (Mauritius) Trustee 1 Aug 2007 Other n/a
Sanne Group Plc Shareholder 1 Jan 2017 75% - 100% foreign

Based in Ebene

The principal office where India Capital Management Limited performs its advisory services is located at Ifs Court, Bank Street, Twentyeight, Ebene, 72201, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number +230 467 3000 or by fax +230 467 4000. The normal business hours are 8:30 am to 5:15 pm (mauritius time) on Monday - Friday. You can find more information about the New York firm at indiacapital.com.