Akon Securities Private Limited
About Akon Securities Private Limited
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Akon Securities Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the financial product distributors segment of the financial services sector. It was incorporated on 26 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U64990PB2019PTC049808. Its GSTIN is 03AASCA5538N1Z6 (Punjab).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramandeep Singh and Ravi Sharma.
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 H No 283 Urban Estate Phase – 1 Dugri, Ludhiana, Punjab, India – 140802.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.33 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹24.18 Lakh (net margin 18.2%) and EBITDA of ₹36.6 Lakh (EBITDA margin 27.5%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years.
As per MCA filings, the company has open charges of ₹38 Lakh on record.
Company details
CIN history
Akon Securities has one previous CIN (Corporate Identification Number): U65999PB2019PTC049808. The current CIN is U64990PB2019PTC049808, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64990PB2019PTC049808 | Current |
| U65999PB2019PTC049808 | Previous |
Contact details
Akon Securities Private Limited's registered office is in Ludhiana, Punjab.
- Registered AddressH No 283 Urban Estate Phase – 1 Dugri, Ludhiana, Punjab, India – 140802
- IndustryFinancial Services, Financial Product Distributors
- 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 Akon 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 Akon Securities Private Limited, buy the company report.
Financials of Akon Securities Private Limited
FY 2025 filings availableAkon Securities Private Limited reported revenue of ₹1.33 Cr (down 40% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over three years, including a 40% fall in the latest year. EBITDA fell 36% 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 | ₹36.6 Lakh | ||||
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| Net Profit (PAT) | ₹24.18 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.5% | ||||
| Net Profit Margin | 18.2% | ||||
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To see the full financial statements and ratios of Akon Securities Private Limited, buy the company report.
Board of directors of Akon Securities Private Limited
Akon Securities has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramandeep Singh Also directs: Pritam Pyara Foods Private Limited | Director | 26 Jul 2019 | 7 Years 3 Months | Current |
| Ravi Sharma | Director | 26 Jul 2019 | 7 Years 3 Months | Current |
Peer comparison
Akon Securities Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Financial Instrument Distributors), 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 |
|---|---|---|---|---|---|---|
| JRG Financial Services Private Limited | ₹1.44 Cr (FY 2025) | -10.0% | New Delhi, Delhi, India | |||
| Wholelife Financial Services (Hyderabad) Private Limited | ₹1.43 Cr (FY 2024) | 20.0% | Sd Road, Secunderabad-03, Telangana, India | |||
| VJB Financial Services Private Limited | ₹1.41 Cr (FY 2025) | 21.0% | Chennai, Tamil Nadu, India | |||
| Akon Securities Private Limitedthis company | ₹1.33 Cr (FY 2024) | ₹24.18 Lakh | 18.2% | -40.0% | Ludhiana, Punjab, India | |
| Priyanka Finserve Private Limited | ₹1.33 Cr (FY 2024) | 24.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Akon Securities Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2025 | 101097318 | Hdfc Bank Limited | ₹30 Lakh | Open | |
| 13 Jun 2024 | 100960951 | Hdfc Bank Limited | ₹8 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Akon 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 Akon Securities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akon Securities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AASCA5538N1Z6 | Punjab | Active | 29 Aug 2019 |
To see the full GST registrations and return filing status of Akon Securities Private Limited, buy the company report.
Recent activity
Akon Securities Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Ramandeep Singh was appointed as Director on 26 Jul 2019.
Frequently asked questions
Akon Securities is an active private limited company based in Ludhiana, Punjab, India. The company works in financial product distributors, within the financial services industry. It was incorporated on 26 July 2019 (7+ years old) and is registered under CIN U64990PB2019PTC049808.
Akon Securities has 2 current directors:
- Ramandeep Singh - Director
- Ravi Sharma - Director
The latest financial statements of Akon 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 2020 are in the company report.
The GSTIN of Akon Securities is 03AASCA5538N1Z6, registered in Punjab.
The CIN (Corporate Identification Number) of Akon Securities is U64990PB2019PTC049808. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akon Securities was incorporated on 26 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Akon Securities by revenue are JRG Financial Services Private Limited, Wholelife Financial Services (Hyderabad) Private Limited, VJB Financial Services Private Limited, Priyanka Finserve Private Limited, all in the BFSI industry (Financial Instrument Distributors), with the same principal business activity (financial advisory, brokerage and consultancy services).
Ramandeep Singh was appointed as Director on 26 Jul 2019. Ravi Sharma was appointed as Director on 26 Jul 2019.
The registered office of Akon Securities is at H No 283 Urban Estate Phase – 1 Dugri, Ludhiana, Punjab, India – 140802.
Akon Securities operates in the financial services industry, in the financial product distributors segment.
Akon Securities has open charges of ₹38 Lakh and no satisfied charges on record as per latest MCA filings.
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