About Societe Generale Securities India Private Limited
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Societe Generale Securities India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Sg Securities Broking (M) Ltd. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 18 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U66190MH1995PTC087401. Its GSTIN is 27AAECS2909R2ZQ (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹225 Cr and a paid-up capital of ₹100.76 Cr. It was formerly known as Sg Asia Holdings (India) Private Limited. It is led by directors including Manan Kirit Vaishnav (Managing Director) and Mitul Madhusudan Brahmbhatt (Whole-Time Director).
Its last annual general meeting (AGM) was held on 22 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Peninsula Business Park, Mumbai, Maharashtra.
The company has about 26 employees on its provident fund (EPFO) records.
Court records list 8 cases involving the company, including 3 filed by the company and 5 filed against it; 1 case is pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹209.07 Cr; the latest was in December 2009. Its 3 peer companies in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services) are compared by revenue, 1 larger and 2 smaller; the largest is Millennium Stock Broking Private Limited with revenue of ₹549.29 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website societegenerale.asia.
Company details
CIN history
Societe Generale Securities India has one previous CIN (Corporate Identification Number): U65923MH1995PTC087401. The current CIN is U66190MH1995PTC087401, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66190MH1995PTC087401 | Current |
| U65923MH1995PTC087401 | Previous |
Contact details
Societe Generale Securities India Private Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered AddressPeninsula Business Park Unit 1901 19th Floor Tower A Ganpatrao Kadam Marg Lower Par, El, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Brokerage & Trading Services
- 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
Societe Generale Securities India operates primarily in the financial and insurance service sector. 2 business activities are registered with the MCA.
| Main activity group | Business activity | Share of turnover |
|---|---|---|
| Financial and insurance Service | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Societe Generale Securities India Private Limited, buy the company report.
Financials of Societe Generale Securities India Private Limited
FY 2025 filings availableSociete Generale Securities India Private Limited reported revenue of ₹690.67 Cr for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹690.67 Cr | ||||
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| Net Profit (PAT) | ₹328.87 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | |||||
| Net Profit Margin | 47.6% | ||||
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To see the full financial statements and ratios of Societe Generale Securities India Private Limited, buy the company report.
Board of directors and KMP of Societe Generale Securities India Private Limited
Societe Generale Securities India Private Limited currently reports 4 directors and 1 key managerial person. 14 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Christopher Lawrence Bainbridge | Director | 23 Jun 2023 | 3 Years 4 Months | Current |
| Mitul Madhusudan Brahmbhatt Also directs: Newedge Broker India Private Limited | Whole-Time Director | 27 Jul 2020 | 6 Years 3 Months | Current |
| Arvind Shrigopal Dhoot | Company Secretary | 09 Sep 2005 | 21 Years 2 Months | Current |
| Mui Yee Quek | Director | 15 Dec 2023 | 2 Years 10 Months | Current |
| Manan Kirit Vaishnav Also directs: Newedge Broker India Private Limited | Managing Director | 18 Jun 2024 | 2 Years 4 Months | Current |
Peer comparison
Societe Generale Securities India Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Broking Services), with 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 |
|---|---|---|---|---|---|---|
| Societe Generale Securities India Private Limitedthis company | ₹690.67 Cr (FY 2023) | ₹328.87 Cr | 47.6% | Mumbai, Maharashtra, India | ||
| Millennium Stock Broking Private Limited | ₹549.29 Cr (FY 2025) | -17.0% | Gandhinagar, Gujarat, India | |||
| Clsa India Private Limited | ₹525.8 Cr (FY 2025) | 13.0% | Mumbai, Maharashtra, India | |||
| Master Capital Services Limited | ₹524.45 Cr (FY 2025) | 14.0% | Gurugram, Haryana, India |
To see the full peer comparison of Societe Generale Securities India Private Limited, buy the company report.
Deals & funding
Societe Generale Securities India Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹209.07 Cr; the latest was in December 2009.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2009 | Funding round | ₹198.54 Cr | Investors: Sg Securities Broking (M) Limited |
| Jun 2008 | Funding round | ₹10.53 Cr | Investors: Sg Securities Broking (M) Limited |
| Jan 2008 | Secondary share transfer | Undisclosed | Buyer: Sg Securities Broking (M) Limited, Sg Securities (Hk) Limited Seller: Romil Finance And Investment Private Lim Ited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Societe Generale Securities India Private Limited has 8 court cases on record: 3 filed by Societe Generale Securities India, 5 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 4 | 1 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CROL) | Filed by the company against The Principal Commissioner of Income Tax-4 | Pending |
| Supreme Court | Appeal | Filed against the company by The Principal Commissioner of Income Tax 4 Mumbai | Disposed |
| Supreme Court | Court case (Review Petition (Civil)) | Filed by the company against The Principal Commissioner of Income Tax 4 Mumbai | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Principal Commissioner of Income Tax-4 | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Deputy Commissioner of Income Tax, Transfer Pricing-Ii (7) and Ors | Disposed |
To see the full case history of Societe Generale Securities India 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 Societe Generale Securities India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Societe Generale Securities India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECS2909R2ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Societe Generale Securities India Private Limited, buy the company report.
Recent activity
Societe Generale Securities India Private Limited has 19 board changes on record since 2005: 5 appointments and 14 cessations. The latest: Christopher Lawrence Bainbridge ceased to be Additional Director on 11 Jul 2024.
10 earlier events are in the company report.
News
Frequently asked questions
Societe Generale Securities India is an active private 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 April 1995 (31+ years old) and is registered under CIN U66190MH1995PTC087401.
Societe Generale Securities India has 5 current directors and KMP:
- Manan Kirit Vaishnav - Managing Director
- Mitul Madhusudan Brahmbhatt - Whole-Time Director
- Christopher Lawrence Bainbridge - Director
- Mui Yee Quek - Director
- Arvind Shrigopal Dhoot - Company Secretary
The latest financial statements of Societe Generale Securities India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Societe Generale Securities India is 27AAECS2909R2ZQ, registered in Maharashtra. 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 Societe Generale Securities India is U66190MH1995PTC087401. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Societe Generale Securities India has 8 court cases on record: 3 filed by the company and 5 filed against it. 1 is pending. Most are in the high courts.
Societe Generale Securities India was incorporated on 18 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Societe Generale Securities India has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹209.07 Cr; the latest was in December 2009.
The peers of Societe Generale Securities India by revenue are Millennium Stock Broking Private Limited, Clsa India Private Limited, Master Capital Services Limited, all in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Christopher Lawrence Bainbridge ceased to be Additional Director on 11 Jul 2024. Mui Yee Quek ceased to be Additional Director on 11 Jul 2024. Manan Kirit Vaishnav was appointed as Managing Director on 18 Jun 2024. Societe Generale Securities India has 19 board changes on record in total.
Societe Generale Securities India can be reached through the website societegenerale.asia. Its registered office is in Mumbai, Maharashtra, India.
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