Lindsay Securities Private Ltd
About Lindsay Securities Private Ltd
Data last updated:
Lindsay Securities Private Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 06 April 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70101WB1989PTC046640.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.86 Cr. It was formerly known as Manmal Bhutoria Estates Pvt Ltd and Lindsay Securities Ltd. It is led by directors Rahul Bhutoria and Manoj Bhutoria.
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 8A Lindsay Street New Market, Kolkata, West Bengal, India – 700087.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.6 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.04 Cr (net margin 64.8%) and EBITDA of ₹1.28 Cr (EBITDA margin 79.9%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 5% over five years.
Its group structure includes 1 subsidiary.
Court records list 27 cases involving the company, including 17 filed by the company and 10 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Lindsay Securities has undergone 2 name changes throughout its history. The company was previously known as Manmal Bhutoria Estates Pvt Ltd, and Lindsay Securities Ltd. The current legal name is Lindsay Securities Private Ltd.
| Company Name | Status |
|---|---|
| Lindsay Securities Private Ltd | Current |
| Manmal Bhutoria Estates Pvt Ltd | Previous |
| Lindsay Securities Ltd | Previous |
CIN history
Lindsay Securities has one previous CIN (Corporate Identification Number): U70101WB1989PLC046640. The current CIN is U70101WB1989PTC046640, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101WB1989PTC046640 | Current |
| U70101WB1989PLC046640 | Previous |
Contact details
Lindsay Securities Private Ltd's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address8A Lindsay Street New Market, Kolkata, West Bengal, India – 700087
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Lindsay Securities Private Ltd, 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 Lindsay Securities is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Lindsay Securities Private Ltd, buy the company report.
Financials of Lindsay Securities Private Ltd
FY 2025 filings availableLindsay Securities Private Ltd reported revenue of ₹1.6 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 4% 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 |
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| EBITDA | ₹1.28 Cr | ||||
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| Net Profit (PAT) | ₹1.04 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 79.9% | ||||
| Net Profit Margin | 64.8% | ||||
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To see the full financial statements and ratios of Lindsay Securities Private Ltd, buy the company report.
Board of directors of Lindsay Securities Private Ltd
Lindsay Securities has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Bhutoria Also directs: Epicure Restaurants LLP, Bhutoria Valve Udyog Ltd, Econ-Super Sales Pvt. Ltd. and 2 more | Director | 10 May 1993 | 33 Years 5 Months | Current |
| Manoj Bhutoria Also directs: Bhutoria Valve Udyog Ltd, Econ-Super Sales Pvt. Ltd., Wide Range Sales Pvt.Ltd. and 3 more | Director | 06 Apr 1989 | 37 Years 6 Months | Current |
Peer comparison
Lindsay Securities Private Ltd is compared with the 6 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jagat Trading Enterprises Limited | ₹1.6 Cr (FY 2019) | New Delhi, Delhi, India | ||||
| Esjay Commerce Private Limited | ₹1.6 Cr (FY 2025) | 11.0% | Kolkata, West Bengal, India | |||
| Metropoli Capinstock Private Limited | ₹1.6 Cr (FY 2023) | 10.0% | Kolkata, West Bengal, India | |||
| Whiteline Barter Limited | ₹1.6 Cr (FY 2025) | 384.0% | New Delhi, Delhi, India | |||
| Lindsay Securities Private Ltdthis company | ₹1.6 Cr (FY 2025) | ₹1.04 Cr | 64.8% | -7.0% | Kolkata, West Bengal, India | |
| Utpal Vincom Pvt.Ltd. | ₹1.6 Cr (FY 2021) | -25.0% | Kolkata, West Bengal, India | |||
| Puja Vanijya Viniyog Ltd | ₹1.6 Cr (FY 2025) | 17.0% | Guwahati, Assam, India |
To see the full peer comparison of Lindsay Securities Private Ltd, buy the company report.
Auditor
Lindsay Securities Private Ltd is audited by AGARWAL N & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGARWAL N & ASSOCIATES | FY 2019 | 323100E |
Shareholding
The shareholding of Lindsay Securities Private Ltd is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Lindsay Securities Private Ltd, buy the company report.
Legal cases
Lindsay Securities Private Ltd has 27 court cases on record: 17 filed by Lindsay Securities, 10 filed against it. 7 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 18 | 8 | 1 |
| District courts | 7 | 0 | 6 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Anil Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Osian's Connoisseurs of Art Pvt. Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Ms. Parekh Aluminex Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Indage Vintners Ltd. and 5 others | Pending |
| Bombay High Court | Appeal | Filed against the company by Icici Bank Limited | Disposed |
To see the full case history of Lindsay Securities Private Ltd, 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 Lindsay Securities Private Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Lindsay Securities has 1 subsidiary company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Wide Range Sales Pvt.Ltd | U51909WB1995PTC070630 |
To see the full group structure of Lindsay Securities Private Ltd, buy the company report.
GST
No GST registration is on our record for Lindsay Securities Private Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Lindsay Securities Private Ltd has 7 board changes on record since 1989: 2 appointments and 5 cessations. The latest: Mrinal Kanti Guha ceased to be Additional Director on 30 Sep 2017.
Frequently asked questions
Lindsay Securities is an active private limited company based in Kolkata, West Bengal, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 06 April 1989 (37+ years old) and is registered under CIN U70101WB1989PTC046640.
Lindsay Securities has 2 current directors:
- Rahul Bhutoria - Director
- Manoj Bhutoria - Director
The latest financial statements of Lindsay 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 CIN (Corporate Identification Number) of Lindsay Securities is U70101WB1989PTC046640. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lindsay Securities has 27 court cases on record: 17 filed by the company and 10 filed against it. 7 are pending. Most are in the high courts.
Lindsay Securities was incorporated on 06 April 1989, making it 37+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Lindsay Securities by revenue are Jagat Trading Enterprises Limited, Esjay Commerce Private Limited, Metropoli Capinstock Private Limited, Whiteline Barter Limited, Utpal Vincom Pvt.Ltd. and 1 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Mrinal Kanti Guha ceased to be Additional Director on 30 Sep 2017. Harikanta Bhutoria ceased to be Director on 09 Oct 2015. Raghav Bhutoria ceased to be Director on 21 Apr 2014. Lindsay Securities has 7 board changes on record in total.
The registered office of Lindsay Securities is at 8A Lindsay Street New Market, Kolkata, West Bengal, India – 700087.
Lindsay Securities operates in the financial services industry, in the investment and credit nbfc segment.
The compliance status of Lindsay Securities is compliant as of 20 July 2026. The company is actively filing with the Registrar of Companies.