Bijal Securities Private Limited
About Bijal Securities Private Limited
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Bijal Securities Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 26 December 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67120GJ1997PTC033494. Its GSTIN is 24AAACB8077H2ZN (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹18 Lakh and a paid-up capital of ₹18 Lakh. It is led by directors including Narendra Thakordas Shah and Heamal Narendra Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 738 Fortune Towerssayajigunj Vadodara, Gujarat, India – 390005.
As per the financials filed for FY 2024, the company reported a revenue of ₹53.63 Lakh, a growth of 80% compared to the previous year. For the same year it recorded a net profit of ₹5.31 Lakh (net margin 9.9%) and EBITDA of ₹5.71 Lakh (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 29% over five years.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Bijal Securities Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address738 Fortune Towerssayajigunj Vadodara, Gujarat, India – 390005
- IndustryFinancial Services, Advisory, Financial Brokerage, Consultancy
To see the full contact details of Bijal Securities 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
Business activity
The main business activity of Bijal Securities is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Bijal Securities Private Limited, buy the company report.
Financials of Bijal Securities Private Limited
FY 2025 filings availableBijal Securities Private Limited reported revenue of ₹53.63 Lakh (up 80% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 80% growth in the latest year. EBITDA rose 276% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹5.71 Lakh | ||||
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| Net Profit (PAT) | ₹5.31 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 10.7% | ||||
| Net Profit Margin | 9.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Bijal Securities Private Limited, buy the company report.
Board of directors of Bijal Securities Private Limited
Bijal Securities has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Thakordas Shah | Director | 26 Dec 1997 | 28 Years 10 Months | Current |
| Heamal Narendra Shah | Director | 28 Feb 2017 | 9 Years 8 Months | Current |
| Indumati Narendra Shah | Director | 26 Dec 1997 | 28 Years 10 Months | Current |
Peer comparison
Bijal Securities Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Safeshine Services Private Limited | ₹53.83 Lakh (FY 2022) | -28.0% | Bhubaneswar, Odisha, India | |||
| G Next Venture Solutions Private Limited | ₹53.81 Lakh (FY 2025) | -80.0% | Bhubaneswar, Odisha, India | |||
| Aperio Business Solutions Private Limited | ₹53.78 Lakh (FY 2025) | 6.0% | Kozhikode, Kerala, India | |||
| Pammal Makkal Nala Nidhi Limited | ₹53.78 Lakh (FY 2025) | 0.0% | Chennai, Tamil Nadu, India | |||
| Bridge Investment Services Private Limited | ₹53.68 Lakh (FY 2025) | -34.0% | Gurgaon, Haryana, India | |||
| Bijal Securities Private Limitedthis company | ₹53.63 Lakh (FY 2024) | ₹5.31 Lakh | 9.9% | 80.0% | Vadodara, Gujarat, India | |
| Finfras Consulting Private Limited | ₹53.62 Lakh (FY 2024) | 45.0% | Tirupur, Tamil Nadu, India | |||
| Crisco Investments Pvt Ltd | ₹53.6 Lakh (FY 2025) | -12.0% | Indore, Madhya Pradesh, India | |||
| 021 Capital Partners Private Limited | ₹53.58 Lakh (FY 2025) | 8.0% | Bangalore, Karnataka, India | |||
| Veemanson Consultants Private Limited | ₹53.54 Lakh (FY 2025) | 11.0% | Tripunithura, Kerala, India | |||
| Vira Financial Advisors Private Limited | ₹53.53 Lakh (FY 2025) | -9.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Bijal Securities Private Limited, buy the company report.
Auditor
Bijal Securities Private Limited is audited by B.N.GANDHI & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.N.GANDHI & CO. | FY 2017 | 102972W |
Shareholding
The shareholding of Bijal Securities Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bijal Securities Private Limited, buy the company report.
Legal cases
Bijal Securities Private Limited has 3 court cases on record: 2 filed by Bijal Securities, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Blue Mark Mercantile Private Limited and 14 others | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 2 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases SW) | Filed against the company by an individual | Disposed |
To see the full case history of Bijal Securities 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 Bijal Securities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bijal Securities has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACB8077H2ZN | Gujarat | Active | 13 Oct 2017 |
To see the full GST registrations and return filing status of Bijal Securities Private Limited, buy the company report.
Recent activity
Bijal Securities Private Limited has 6 board changes on record since 1997: 3 appointments and 3 cessations. The latest: Shreya Hemal Shah ceased to be Director on 05 Feb 2020.
Frequently asked questions
Bijal Securities is an active private limited company based in Vadodara, Gujarat, India. The company works in advisory, within the financial services industry. It was incorporated on 26 December 1997 (29+ years old) and is registered under CIN U67120GJ1997PTC033494.
Bijal Securities has 3 current directors:
- Narendra Thakordas Shah - Director
- Heamal Narendra Shah - Director
- Indumati Narendra Shah - Director
The latest financial statements of Bijal Securities on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bijal Securities is 24AAACB8077H2ZN, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Bijal Securities is U67120GJ1997PTC033494. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bijal Securities has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.
Bijal Securities was incorporated on 26 December 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Bijal Securities by revenue are Safeshine Services Private Limited, G Next Venture Solutions Private Limited, Aperio Business Solutions Private Limited, Pammal Makkal Nala Nidhi Limited, Bridge Investment Services Private Limited and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).
Shreya Hemal Shah ceased to be Director on 05 Feb 2020. Heamal Narendra Shah ceased to be Additional Director on 29 Sep 2017. Bhupendra Thakordas Shah ceased to be Director on 03 May 2017. Bijal Securities has 6 board changes on record in total.
The registered office of Bijal Securities is at 738 Fortune Towerssayajigunj Vadodara, Gujarat, India – 390005.
Bijal Securities operates in the financial services industry, in the advisory segment.
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