- Udyam number
- UDYAM-GJ-01-0285596

About Spread X Securities Private Limited
Data last updated:
Spread X Securities Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 04 July 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U65999GJ2022PTC133525. Its GSTIN is 24ABICS8875K1ZK (Gujarat).
The company has an authorised share capital of ₹5.1 Cr and a paid-up capital of ₹4.65 Cr. It is led by directors including Nikhil Shah and Nevil Rameshbhai Savjani.
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 Shilp Corporate Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹187.23 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹18.84 Cr (net margin 10.1%) and EBITDA of ₹25.57 Cr (EBITDA margin 13.7%).
The company is associated with 1 brand: Spreadx.
Spread X Securities Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0285596). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spreadx.in.
Company details
Recognitions & Rankings of Spread X Securities
Contact details
Spread X Securities Private Limited's registered office is in Ahmedabad, Gujarat. Its website is spreadx.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShilp Corporate Park B Block 13th Floor B – 1309, Near Rajpath Club Rajpath Rangoli Road S.G.Highway, Ahmedabad, Gujarat, India – 380054
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Spread X 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
Brands
Spread X Securities operates one associated brand: Spreadx. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Financial broking and investment services in India. | spreadx.in |
Business activity
The main business activity of Spread X 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 Spread X Securities Private Limited, buy the company report.
Financials of Spread X Securities Private Limited
FY 2025 filings availableSpread X Securities Private Limited reported revenue of ₹187.23 Cr (up 252% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 252% in the latest year. EBITDA rose 721% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | ₹25.57 Cr | ||
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| Tax Expense | |||
| Net Profit (PAT) | ₹18.84 Cr | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| Profitability | |||
| EBITDA Margin | 13.7% | ||
| Net Profit Margin | 10.1% | ||
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To see the full financial statements and ratios of Spread X Securities Private Limited, buy the company report.
Board of directors of Spread X Securities Private Limited
Spread X Securities has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Shah Also directs: Beeline Asset Management and Advisory LLP, Aarth Global Fund Manager Ifsc LLP, Beeline Capital Advisors Private Limited and 1 more | Director | 04 Jul 2022 | 4 Years 3 Months | Current |
| Nevil Rameshbhai Savjani Also directs: Beeline Asset Management and Advisory LLP, Man Machine Mentors LLP, Maheshwar Advisors LLP and 1 more | Director | 04 Jul 2022 | 4 Years 3 Months | Current |
| Yogesh Jain Also directs: Beeline Asset Management and Advisory LLP, Stepup Capital Advisors LLP, Aarth Wealth Services LLP and 1 more | Director | 04 Jun 2024 | 2 Years 4 Months | Current |
| Khushbu Nikhilkumar Shah | Director | 26 Jun 2023 | 3 Years 4 Months | Current |
Auditor
Spread X Securities Private Limited is audited by Maharishi and Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Maharishi and Co. | FY 2023 | 124872W |
Shareholding
The shareholding of Spread X Securities Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Spread X Securities Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Spread X 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 Spread X Securities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Spread X Securities Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Spread X Securities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABICS8875K1ZK | Gujarat | Active | 21 Oct 2022 |
To see the full GST registrations and return filing status of Spread X Securities Private Limited, buy the company report.
Recent activity
Spread X Securities Private Limited has 8 board changes on record since 2022: 6 appointments and 2 cessations. The latest: Pratik Shubhkaran Sanghi ceased to be Director on 29 Jul 2025.
Frequently asked questions
Spread X Securities is an active private limited company based in Ahmedabad, Gujarat, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 04 July 2022 (4+ years old) and is registered under CIN U65999GJ2022PTC133525.
Spread X Securities has 4 current directors:
- Nikhil Shah - Director
- Nevil Rameshbhai Savjani - Director
- Yogesh Jain - Director
- Khushbu Nikhilkumar Shah - Director
The latest financial statements of Spread X 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 FY 2023 are in the company report.
The GSTIN of Spread X Securities is 24ABICS8875K1ZK, registered in Gujarat.
The CIN (Corporate Identification Number) of Spread X Securities is U65999GJ2022PTC133525. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spread X Securities was incorporated on 04 July 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Pratik Shubhkaran Sanghi ceased to be Director on 29 Jul 2025. Sarvesh Shubhkaran Sanghi ceased to be Director on 29 Jul 2025. Yogesh Jain was appointed as Director on 04 Jun 2024. Spread X Securities has 8 board changes on record in total.
Yes, Spread X Securities is registered as an MSME under Udyam registration (number: UDYAM-GJ-01-0285596).
Spread X Securities can be reached through the website spreadx.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Spread X Securities is at Shilp Corporate Park B Block 13th Floor B – 1309, Near Rajpath Club Rajpath Rangoli Road S.G.Highway, Ahmedabad, Gujarat, India – 380054.

