Promise Securities Private Limited
About Promise Securities Private Limited
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Promise Securities Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 30 August 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1994PTC080608.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹3.09 Lakh. It is led by directors Anil Kumar Sharma and Narendra R Gadekar.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹46,901, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹4.82 Lakh and EBITDA of -₹3.76 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 134% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Promise Securities Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address406 Floor – 4th Plot – 84A Broach Bhuvan, Devji Ratansi Marg Dana Bunder Chinchbunder, Mumbai, Maharashtra, India – 400009
- IndustryFinancial Services, Investment Banking & Advisory
To see the full contact details of Promise 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
Financials of Promise Securities Private Limited
FY 2025 filings availablePromise Securities Private Limited reported revenue of ₹46,901 (down 99% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 99% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 134%. EBITDA fell 106% 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 | -₹3.76 Lakh | ||||
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| Net Profit (PAT) | -₹4.82 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of Promise Securities Private Limited, buy the company report.
Board of directors of Promise Securities Private Limited
Promise 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 |
|---|---|---|---|---|
| Anil Kumar Sharma Also directs: Maha Kosh Papers Pvt Ltd, Anand Vihar Residents Maintenance LLP, Arjav Infratech Private Limited and 5 more | Director | 27 Mar 2018 | 8 Years 7 Months | Current |
| Narendra R Gadekar Also directs: Jupiter Petroleum Private Limited, Narayan Mercantile Private Limited, Alison Tradelinks Private Limited and 5 more | Director | 29 Jan 2020 | 6 Years 8 Months | Current |
Peer comparison
Promise Securities Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Investment Banking), 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 |
|---|---|---|---|---|---|---|
| Fantasy Commotrade Private Limited | ₹47,810 (FY 2025) | 6.0% | Kolkata, West Bengal, India | |||
| Promise Securities Private Limitedthis company | ₹46,901 (FY 2024) | -₹4.82 Lakh | -99.0% | Mumbai, Maharashtra, India | ||
| Yieshu Logistics Solutions Private Limited | ₹46,451 (FY 2021) | 22.0% | New Delhi, Delhi, India | |||
| Whitefield Real Estate Business Solutions Private Limited | ₹42,000 (FY 2020) | Mumbai, Maharashtra, India |
To see the full peer comparison of Promise Securities Private Limited, buy the company report.
Auditor
Promise Securities Private Limited is audited by RAJENDRA GARG & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJENDRA GARG & CO | FY 2021 | 005165C |
Shareholding
The shareholding of Promise Securities Private Limited is on record for 4 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 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Promise Securities Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Promise Securities Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Promise Securities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Promise Securities Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Promise Securities Private Limited has 7 board changes on record since 2017: 2 appointments and 5 cessations. The latest: Narendra R Gadekar ceased to be Additional Director on 30 Nov 2020.
Frequently asked questions
Promise Securities is an active private limited company based in Mumbai, Maharashtra, India. The company works in investment banking and advisory, within the financial services industry. It was incorporated on 30 August 1994 (32+ years old) and is registered under CIN U67120MH1994PTC080608.
Promise Securities has 2 current directors:
- Anil Kumar Sharma - Director
- Narendra R Gadekar - Director
The latest financial statements of Promise 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 Promise Securities is U67120MH1994PTC080608. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Promise Securities was incorporated on 30 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Promise Securities by revenue are Fantasy Commotrade Private Limited, Yieshu Logistics Solutions Private Limited, Whitefield Real Estate Business Solutions Private Limited, all in the BFSI industry (Investment Banking), with the same principal business activity (other financial activities).
Narendra R Gadekar ceased to be Additional Director on 30 Nov 2020. Narendra R Gadekar was appointed as Director on 29 Jan 2020. Rajendra Prasad Hardiya ceased to be Director on 29 Jan 2020. Promise Securities has 7 board changes on record in total.
The registered office of Promise Securities is at 406 Floor – 4th Plot – 84A Broach Bhuvan, Devji Ratansi Marg Dana Bunder Chinchbunder, Mumbai, Maharashtra, India – 400009.
Promise Securities operates in the financial services industry, in the investment banking and advisory segment.
The compliance status of Promise Securities is compliant as of 08 September 2026. The company is actively filing with the Registrar of Companies.
Promise Securities can be reached at its registered office: 406 Floor – 4th Plot – 84A Broach Bhuvan, Devji Ratansi Marg Dana Bunder Chinchbunder, Mumbai, Maharashtra, India – 400009.