India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,090 Gulu Lalchand Mirchandani ₹2,400 Cr
Revenue · FY 2025
₹38.78 Lakh
▼ 35% YoY
Net loss · FY 2025
₹20.17 Lakh
Net margin -52%
EBITDA · FY 2025
-₹19.9 Lakh
EBITDA margin -51.3%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.72 Cr
Issued & subscribed
Company age
34 yrs
Est. 1992
Employees · EPFO
5
Provident fund records
Directors on board
3
As per MCA filings
About Gulita Securities Limited
Data last updated:
Gulita Securities Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 18 March 1992 and has been in existence for over 34 years.
Its director Gulu Lalchand Mirchandani is #1,090 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1992PLC065961. Its GSTIN is 27AAACG0526E1Z5 (Maharashtra).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.72 Cr. It is led by directors including Gita Gulu Mirchandani and Gulu Lalchand Mirchandani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1105 Raheja Centre 11th Floor Free Press Journal Road Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.78 Lakh, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹20.17 Lakh (net margin -52%) and EBITDA of -₹19.9 Lakh (EBITDA margin -51.3%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 11% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Gulita Securities Ltd. Court records list 11 cases involving the company, including 2 filed by the company and 9 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gulitasec.com.
Company details
CIN U67120MH1992PLC065961
Registration Number 065961
Incorporation Date 18 March 1992
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Key People
Gita Gulu Mirchandani Director Gulu Lalchand Mirchandani Director Kaval Gulu Mirchandani Director Recognitions & Rankings of Gulita Securities
Contact details
Gulita Securities Limited's registered office is in Mumbai, Maharashtra. Its website is gulitasec.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1105 Raheja Centre 11th Floor Free Press Journal Road Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Gulita Securities Limited, buy the company report.
Comprehensive company report
Gulita Securities Limited - one report that includes everything
- 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
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Brands
Gulita Securities operates one associated brand: Gulita Securities Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Investment services in equity, derivatives, and mutual funds in the capital market. | gulitasec.com |
Business activity
The main business activity of Gulita Securities is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Gulita Securities Limited, buy the company report.
Financials of Gulita Securities Limited
FY 2024 filings availableGulita Securities Limited reported revenue of ₹38.78 Lakh (down 35% YoY) for FY 2025.
Revenue · FY 2025
₹38.78 Lakh ▼ 35%
Net loss · FY 2025
₹20.17 Lakh margin -52%
EBITDA · FY 2025
-₹19.9 Lakh margin -51.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 35%
3 years · compounded
▼ 12%
5 years · compounded
▼ 11%
EBITDA CAGR growth
3 years · compounded
▼ 30%
5 years · compounded
▼ 42%
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 35% fall 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹19.9 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹20.17 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -51.3% | ||||
| Net Profit Margin | -52% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Gulita Securities Limited, buy the company report.
Board of directors of Gulita Securities Limited
Gulita Securities has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gita Gulu Mirchandani Also directs: Olmo Capital Limited, Olmo Enterprises LLP, Gulita Wealth Advisors Private Limited and 2 more | Director | 18 Mar 1992 | 34 Years 7 Months | Current |
| Gulu Lalchand Mirchandani | Director | 12 May 2008 | 18 Years 5 Months | Current |
| Kaval Gulu Mirchandani | Director | 06 Nov 1999 | 27 Years 0 Months | Current |
Auditor
Gulita Securities Limited is audited by C.B. Pokle & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C.B. Pokle & Co. | FY 2022 | 107954W |
Shareholding
The shareholding of Gulita Securities Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gulita Securities Limited, buy the company report.
Legal cases
Gulita Securities Limited has 11 court cases on record: 2 filed by Gulita Securities, 9 filed against it. All cases are disposed.
Total cases
11
Filed by the company
2
Filed against the company
9
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 9 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by Pr.Commissioner of Income Tax-4 | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commisioner of Income Tax- 4 Mumbai | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax-4, Mumbai | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by The Commissioner of Income Tax -4 Mumbai | Disposed |
| Supreme Court | Court case (1008-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Appeals u/s 15 Z of Securities and Exchange Board of India Act, 1992.) | Filed by the company against an individual | Disposed |
To see the full case history of Gulita Securities 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 Gulita Securities Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gulita Securities Limited has a workforce of 5 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
-16.67%
GST
Gulita Securities has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG0526E1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gulita Securities Limited, buy the company report.
Recent activity
Gulita Securities Limited has 5 board changes on record since 1992: 3 appointments and 2 cessations. The latest: Gulu Lalchand Mirchandani ceased to be Additional Director on 30 Sep 2008.
AGM
Gulita Securities Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Gulita Securities Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Gulu Lalchand Mirchandani ceased to be Additional Director.
Appointed
Gulu Lalchand Mirchandani was appointed as Director.
Ceased
Sasha Gulu Mirchandani ceased to be Director.
Appointed
Kaval Gulu Mirchandani was appointed as Director.
Appointed
Gita Gulu Mirchandani was appointed as Director.
Incorporation
18 Mar 1992
Gulita Securities Limited was registered on 18 Mar 1992 with Roc Mumbai & aged 34 years 7 months as per MCA records.
Frequently asked questions
Gulita Securities is an active public limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 18 March 1992 (34+ years old) and is registered under CIN U67120MH1992PLC065961.
Gulita Securities has 3 current directors:
- Gita Gulu Mirchandani - Director
- Gulu Lalchand Mirchandani - Director
- Kaval Gulu Mirchandani - Director
The latest financial statements of Gulita Securities on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Gulita Securities is 27AAACG0526E1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Gulita Securities is U67120MH1992PLC065961. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gulita Securities has 11 court cases on record: 2 filed by the company and 9 filed against it. Most are in the high courts.
Gulita Securities was incorporated on 18 March 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Gulu Lalchand Mirchandani ceased to be Additional Director on 30 Sep 2008. Gulu Lalchand Mirchandani was appointed as Director on 12 May 2008. Sasha Gulu Mirchandani ceased to be Director on 12 May 2008. Gulita Securities has 5 board changes on record in total.
Gulita Securities can be reached through the website gulitasec.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Gulita Securities is at 1105 Raheja Centre 11th Floor Free Press Journal Road Nariman Point, Mumbai, Maharashtra, India – 400021.
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