About Abans Broking Services Private Limited
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Abans Broking Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Abans Capital Private Limited. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 09 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2009PTC190201. Its GSTIN is 27AAHCA5788K1Z1 (Maharashtra). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹17 Cr and a paid-up capital of ₹5.63 Cr. It is led by directors including Shivshankar Singh (Whole-Time Director) and Atish Tripathy.
Its last annual general meeting (AGM) was held on 14 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 36 37 38A Floor – 3 Nariman Bhavan Backbay Reclamation Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,247.88 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹17.99 Cr (net margin 0.8%) and EBITDA of ₹27.55 Cr (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 337% over three years and 15% over five years.
The company has about 27 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Abans Group. As per MCA filings, the company has open charges of ₹138 Cr and satisfied charges of ₹90 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 12 deals on record (5 secondary share transfers, 3 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹297.96 Cr; the latest was in February 2023. 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, 2 larger and 1 smaller; the largest is Touchline Securities Private Limited with revenue of ₹2,972.03 Cr. The company has 6 MSME Form 1 returns on record between 2019 and 2024, listing 105 overdue payments to 8 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website abans.co.in.
Company details
Contact details
Abans Broking Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is abans.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address36 37 38A Floor – 3 Nariman Bhavan Backbay Reclamation Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Abans Broking Services 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
Abans Broking Services operates one associated brand: Abans Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Functions as a diversified conglomerate across various industries. | abans.co.in |
Business activity
The main business activity of Abans Broking Services 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 Abans Broking Services Private Limited, buy the company report.
Financials of Abans Broking Services Private Limited
FY 2025 filings availableAbans Broking Services Private Limited reported revenue of ₹2,247.88 Cr (up 346% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 346% growth in the latest year. EBITDA rose 237% 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 | ₹27.55 Cr | ||||
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| Net Profit (PAT) | ₹17.99 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 | 1.2% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Abans Broking Services Private Limited, buy the company report.
Board of directors and KMP of Abans Broking Services Private Limited
Abans Broking Services Private Limited currently reports 5 directors and 1 key managerial person. 21 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atish Tripathy Also directs: Abans Fintrade Private Limited | Director | 12 Jan 2021 | 5 Years 9 Months | Current |
| Kumud Chandra Paricha Patnaik Also directs: Abans Finance Private Limited, Abans Securities Private Limited, Abans Commodities (I) Private Limited and 2 more | Director | 26 Oct 2023 | 2 Years 11 Months | Current |
| Ashima Chhatwal Also directs: Abans Finance Private Limited, Abans Securities Private Limited, Abans Commodities (I) Private Limited and 3 more | Director | 02 Feb 2022 | 4 Years 8 Months | Current |
| Dikshal Sunil Jhaveri | Company Secretary | 12 Feb 2024 | 2 Years 8 Months | Current |
| Mahesh Kumar Cheruveedu | Director | 15 Oct 2024 | 2 Years 0 Months | Current |
| Shivshankar Singh | Whole-Time Director | 11 May 2017 | 9 Years 5 Months | Current |
Peer comparison
Abans Broking Services 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 |
|---|---|---|---|---|---|---|
| Touchline Securities Private Limited | ₹2,972.03 Cr (FY 2023) | 3800.0% | Mumbai, Maharashtra, India | |||
| Sbicap Securities Limited | ₹2,329.01 Cr (FY 2025) | 29.0% | Mumbai, Maharashtra, India | |||
| Abans Broking Services Private Limitedthis company | ₹2,247.88 Cr (FY 2025) | ₹17.99 Cr | 0.8% | 346.0% | 27 | Mumbai, Maharashtra, India |
| Iifl Capital Services Limited | ₹2,231.29 Cr (FY 2024) | 63.0% | Thane, Maharashtra, India |
To see the full peer comparison of Abans Broking Services Private Limited, buy the company report.
Auditor
Abans Broking Services Private Limited is audited by D G M S & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D G M S & Co. | FY 2023 | 0112187W |
Shareholding
The shareholding of Abans Broking Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Abans Broking Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jun 2025 | 101119567 | Others | ₹8 Cr | Open | |
| 02 Dec 2024 | 101020744 | Others | ₹30 Cr | Open | |
| 26 Oct 2021 | 100495389 | Others | ₹100 Cr | Open | |
| 31 Oct 2023 | 100817968 | Others | ₹10 Cr | Satisfied | |
| 10 May 2023 | 100725897 | Others | ₹10 Cr | Satisfied |
To see the full charge records of Abans Broking Services Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Abans Broking Services Private Limited has 12 deals on record (5 secondary share transfers, 3 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹297.96 Cr; the latest was in February 2023.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Abans Capital Private Limited Seller: Abans Finance Private Limited |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: Abans Finance Private Limited Seller: 3 individuals |
| Nov 2018 | Secondary share transfer | Undisclosed | Buyer: Abans Finance Private Limited Seller: an individual |
| Jun 2013 | Funding round | ₹4 Cr | Investors: Abans Finance Private Limited |
| Jan 2013 | Secondary share transfer | Undisclosed | Buyer: Abans Finance Private Limited Seller: an individual |
To see the full deal history of Abans Broking Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Abans Broking Services Private Limited has 2 court cases on record: 2 filed by Abans Broking Services. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against The Assistant Commissioner of Income Tax Central Circle 4 3 and 2 others | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against The Union of India Through the Secretary and 4 Ors and 4 others | Disposed |
To see the full case history of Abans Broking Services 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
Abans Broking Services Private Limited has 6 MSME Form 1 returns on record between 2019 and 2024, listing 105 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Star Agriwarehousing and Collateral Management Limited | |||
| an individual supplier | |||
| National E-Repository Limited | |||
| LTC Commercial Co Pvt Ltd | |||
| Janhavi Promoters Private Limited |
To see the full MSME payment records of Abans Broking Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Abans Broking Services has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Abans Global Broking (Ifsc) Private Limited | U65999GJ2016PTC094775 |
To see the full group structure of Abans Broking Services Private Limited, buy the company report.
Employees & EPFO
Abans Broking Services Private Limited has a workforce of 27 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Abans Broking Services has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCA5788K1Z1 | Maharashtra | Active | 01 Jul 2017 |
| 27AAHCA5788K2Z0 | Maharashtra | Active | 01 May 2025 |
| 24AAHCA5788K1Z7 | Gujarat | Active | 01 Jul 2017 |
| 08AAHCA5788K1Z1 | Rajasthan | Active | 01 Jan 2018 |
To see the full GST registrations and return filing status of Abans Broking Services Private Limited, buy the company report.
Recent activity
Abans Broking Services Private Limited has 23 board changes on record since 2009: 6 appointments and 17 cessations. The latest: Mahesh Kumar Cheruveedu ceased to be Additional Director on 14 Jan 2025.
43 earlier events are in the company report.
News
Frequently asked questions
Abans Broking Services 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 09 February 2009 (17+ years old) and is registered under CIN U74990MH2009PTC190201.
Abans Broking Services has 6 current directors and KMP:
- Shivshankar Singh - Whole-Time Director
- Atish Tripathy - Director
- Kumud Chandra Paricha Patnaik - Director
- Ashima Chhatwal - Director
- Mahesh Kumar Cheruveedu - Director
- Dikshal Sunil Jhaveri - Company Secretary
The latest financial statements of Abans Broking Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 14 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Abans Broking Services is 27AAHCA5788K1Z1, registered in Maharashtra. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAHCA5788K2Z0 (Maharashtra), 24AAHCA5788K1Z7 (Gujarat), 08AAHCA5788K1Z1 (Rajasthan).
The CIN (Corporate Identification Number) of Abans Broking Services is U74990MH2009PTC190201. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Abans Broking Services has 2 court cases on record: 2 filed by the company. 1 is pending.
Abans Broking Services was incorporated on 09 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Abans Broking Services has 12 deals on record (5 secondary share transfers, 3 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹297.96 Cr; the latest was in February 2023.
The peers of Abans Broking Services by revenue are Touchline Securities Private Limited, Sbicap Securities Limited, Iifl Capital Services Limited, all in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Mahesh Kumar Cheruveedu ceased to be Additional Director on 14 Jan 2025. Mahesh Kumar Cheruveedu was appointed as Director on 15 Oct 2024. Ajay Shantaram Govale ceased to be Director on 30 Sep 2024. Abans Broking Services has 23 board changes on record in total.
Abans Broking Services has 6 MSME Form 1 returns on record between 2019 and 2024, listing 105 overdue payments to 8 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Abans Broking Services can be reached through the website abans.co.in. Its registered office is in Mumbai, Maharashtra, India.