About Alphagrep Securities Private Limited
Data last updated:
Alphagrep Securities Private Limited is a private limited company based in Gandhinagar, Gujarat, India, a subsidiary of Illuminati Trading Private Limited. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 09 January 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U66010GJ2002PTC118597. Its GSTIN is 24AAACW4533B1ZU (Gujarat). The company holds 7 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹5.1 Cr and a paid-up capital of ₹1.86 Cr. It was formerly known as Way2Wealth Illuminati Securities Private Limited and Way2Wealth Enterprises Private Limited. It is led by directors Mohit Rajesh Mutreja (Managing Director) and Parshant Mittal.
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 Gandhinagar, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,080.25 Cr, a growth of 54% compared to the previous year. For the same year it recorded a net profit of ₹473.94 Cr (net margin 22.8%) and EBITDA of ₹1,410.11 Cr (EBITDA margin 67.8%).
The company has about 248 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: AlphaGrep. As per MCA filings, the company has open charges of ₹2,780 Cr and satisfied charges of ₹1,000 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending. The company has 11 deals on record (5 funding rounds, 4 secondary share transfers, 2 acquisitions), with disclosed funding of ₹43.86 Cr; the latest was in March 2021. Its 10 peer companies in the BFSI industry (Broking Services) are compared by revenue, 5 larger and 5 smaller; the largest is Dindayal Commodities Private Limited with revenue of ₹858.95 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 alpha-grep.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit No. 1206 1207 12th Flr Blk No. 53E Rd 5E, Dalal Street Commercial Cooperative Society Ltd, Gandhinagar, Gujarat, India – 382050
- IndustryFinancial Services, NBFC
- 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
- One PDF report, delivered after checkout
Business Activity of Alphagrep Securities Private Limited
The main business activity of Alphagrep Securities is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Alphagrep Securities Private Limited FY 2025 filings available
Alphagrep Securities Private Limited reported revenue of ₹2,080.25 Cr (up 54% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Alphagrep Securities Private Limited
Revenue rose 54% in the latest year. EBITDA rose 52% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Alphagrep Securities Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1,410.11 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹473.94 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Alphagrep Securities Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 67.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 22.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Alphagrep Securities are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Alphagrep Securities Private Limited
Alphagrep Securities Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Broking Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alphagrep Securities Private Limited this company | ₹2,080.25 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | Gandhinagar, Gujarat, India |
| Dindayal Commodities Private Limited | ₹858.95 Cr (FY 2025) | •••• | •••• | 116.0% | •••• | Mumbai, Maharashtra, India |
| Anand Rathi Share and Stock Brokers Limited | ₹847.01 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Mumbai, Maharashtra, India |
| Kna Share Brokers Private Limited | ₹846.71 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Kolkata, West Bengal, India |
| GRD Securities Limited | ₹838.94 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Kolkata, West Bengal, India |
| Gewinner Tradex Private Limited | ₹828.89 Cr (FY 2021) | •••• | •••• | -54.0% | •••• | Daman, Daman and Diu, India |
| Julius Baer Wealth Advisors (India) Private Limited | ₹823.74 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Mumbai, Maharashtra, India |
| Jevin Stock Broker Private Limited | ₹815.74 Cr (FY 2025) | •••• | •••• | 4482746.0% | •••• | Ahmedabad, Gujarat, India |
| Sharekhan Limited | ₹783.3 Cr (FY 2019) | •••• | •••• | -6.0% | •••• | Mumbai, Maharashtra, India |
| Microcurves Trading Private Limited | ₹753.7 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Gandhinagar, Gujarat, India |
| Geojit Financial Services Limited Listed | ₹749.32 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Kochi, Kerala, India |
Peers are the five companies nearest above and the five nearest below Alphagrep Securities by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Alphagrep Securities Private Limited
Alphagrep Securities Private Limited is audited by Sundaresha & Associates for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sundaresha & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Alphagrep Securities Private Limited
Alphagrep Securities has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parshant Mittal | Director | 26 Apr 2011 | 15 Years 5 Months | Current |
| Mohit Rajesh Mutreja | Managing Director | 26 Apr 2011 | 15 Years 5 Months | Current |
Ownership and Shareholding of Alphagrep Securities Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Alphagrep Securities Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2026 | Others | ₹105 Cr | Open |
| 22 Jan 2026 | Hdfc Bank Limited | ₹10 Cr | Open |
| 25 Mar 2025 | Others | ₹410 Cr | Open |
| 16 Dec 2024 | Others | ₹250 Cr | Open |
| 23 Jan 2024 | Others | ₹805 Cr | Open |
Total charge records: 7 View all charges
Deals & Funding of Alphagrep Securities Private Limited
Alphagrep Securities Private Limited has 11 deals on record (5 funding rounds, 4 secondary share transfers, 2 acquisitions), with disclosed funding of ₹43.86 Cr; the latest was in March 2021.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Funding round | ₹31.35 Cr | Investors: Illuminati Trading Private Limited |
| Mar 2020 | Acquisition | Undisclosed | Buyer: Illuminati Trading Private Limited Seller: Way2wealth Securities Private Limited , 3 individuals |
| Dec 2018 | Funding round | ₹3.88 Cr | Investors: Way2wealth Securities Private Limited , Illuminati Software Private Limited |
| Mar 2017 | Funding round | ₹6.64 Cr | Investors: Way2wealth Securities Private Limited , Illuminati Software Private Limited |
| Mar 2014 | Funding round | ₹1.5 Cr | Investors: Way2wealth Securities Private Limited , Illuminati Software Private Limited |
Full deal history
All 11 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Alphagrep Securities Private Limited
Alphagrep Securities Private Limited has 4 court cases on record: 2 filed by Alphagrep Securities, 2 filed against it. 2 cases are pending and 2 are disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 2 |
| District courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed against the company by Worldquant, LLC | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Deputy Commissioner of Income Tax | Pending |
| High Court of Karnataka | Appeal | Filed against the company by Deputy Commissioner of Income Tax | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Alphagrep Securities Private Limited
Alphagrep Securities operates one associated brand: AlphaGrep. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Algorithmic trading is executed across global asset classes by AlphaGrep. | alpha-grep.com |
Employees and EPFO Compliance at Alphagrep Securities Private Limited
Alphagrep Securities Private Limited has a workforce of 248 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Alphagrep Securities Private Limited
Alphagrep Securities has undergone 2 name changes throughout its history. The company was previously known as Way2wealth Illuminati Securities Private Limited, and Way2wealth Enterprises Private Limited. The current legal name is Alphagrep Securities Private Limited.
| Company Name | Status |
|---|---|
| Alphagrep Securities Private Limited | Current |
| Way2wealth Illuminati Securities Private Limited | Previous |
| Way2wealth Enterprises Private Limited | Previous |
CIN History of Alphagrep Securities Private Limited
Alphagrep Securities has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U66010GJ2002PTC118597, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66010GJ2002PTC118597 | Current |
| U66010WB2002PTC222514 | Previous |
| U66010KA2002PTC029982 | Previous |
Recent Activity on Alphagrep Securities Private Limited
Alphagrep Securities Private Limited has 15 board changes on record since 2007: 2 appointments and 13 cessations. The latest: Hedna Vishnumurthy Santhrupth ceased to be Director on 18 Mar 2020.
19 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Alphagrep Securities Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Alphagrep Securities Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Alphagrep Securities Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Alphagrep Securities Private Limited
Alphagrep Securities has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACW4533B1ZU | Gujarat | Active | 24 Aug 2020 |
| 24AAACW4533B2ZT | Gujarat | Active | 12 Mar 2025 |
| 27AAACW4533B1ZO | Maharashtra | Active | 01 Jul 2017 |
| 29AAACW4533B1ZK | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Alphagrep Securities Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Alphagrep Securities Private Limited
Alphagrep Securities is an active private limited company based in Gandhinagar, Gujarat, India. The company works in nbfc, within the financial services industry. It was incorporated on 09 January 2002 (24+ years old) and is registered under CIN U66010GJ2002PTC118597.
Alphagrep Securities reported revenue of ₹2,080.25 Cr for FY 2025 (up 54% YoY).
Alphagrep Securities has 2 current directors:
- Mohit Rajesh Mutreja - Managing Director
- Parshant Mittal - Director
Alphagrep Securities reported a net profit of ₹473.94 Cr (net margin 22.8%) and EBITDA of ₹1,410.11 Cr (EBITDA margin 67.8%) for FY 2025, as per its filed financial statements.
The GSTIN of Alphagrep Securities is 24AAACW4533B1ZU, registered in Gujarat. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 24AAACW4533B2ZT (Gujarat), 27AAACW4533B1ZO (Maharashtra), 29AAACW4533B1ZK (Karnataka).
The CIN (Corporate Identification Number) of Alphagrep Securities is U66010GJ2002PTC118597. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alphagrep Securities has 4 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Alphagrep Securities was incorporated on 09 January 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Alphagrep Securities has 11 deals on record (5 funding rounds, 4 secondary share transfers, 2 acquisitions), with disclosed funding of ₹43.86 Cr; the latest was in March 2021.
The peers of Alphagrep Securities by revenue are Dindayal Commodities Private Limited, Anand Rathi Share and Stock Brokers Limited, Kna Share Brokers Private Limited, GRD Securities Limited, Gewinner Tradex Private Limited and 5 more, all in the BFSI industry (Broking Services).
Hedna Vishnumurthy Santhrupth ceased to be Director on 18 Mar 2020. Anandkumar Jagmohanlal Tibrewala ceased to be Director on 16 Mar 2020. Srinath Gidde Gowda Belisarae ceased to be Director on 16 Mar 2020. Alphagrep Securities has 15 board changes on record in total.