Arete Securities Limited, a active public limited company, was established on 08 April 1994 in Mumbai, Maharashtra, India. Engaging in brokerage & trading services within the financial and insurance service sector, it holds CIN: U74899MH1994PLC339302. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹27.00 Cr and a paid-up capital of ₹11.62 Cr.
Formerly known as Arete Securities Limited, Spa Securities Limited. It upholds a compliant status. Employing 37 professional, Its leadership includes Hritika Sunil Shah (Director), Kamal Kishore Somani (Managing Director), Ashish D Jalan (Director). Past directors included Pankaj Namdharani, Hritika Sunil Shah, Kamal Kishore Somani. It holds ₹102.45 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 101 A, 10Th Floor, Mittal Court Nariman Point, Mumbai, Maharashtra, 400021.
U74899MH1994PLC339302
339302
08 April 1994
₹27.00 Cr
₹11.62 Cr
Roc Mumbai
Unlisted
Active
Explore comprehensive insights into Arete Securities Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.
Access Report
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Hritika Sunil Shah | Director | 20 Sep 2023 | Current |
| Kamal Kishore Somani | Managing Director | 14 Jan 2002 | Current |
| Ashish D Jalan | Director | 20 Sep 2023 | Current |
| Ankit Somani | Whole-Time Director | 24 Sep 2011 | Current |
| Sanwarmala Sharma | Director | 13 Apr 2007 | Current |
| Puja Gupta | Director | 03 Aug 2015 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Company Secretary | 30 Jun 2011 | Past |
| Pramod Abcsdd | Additional Director | 29 Sep 2023 | Past |
| Pramod Abcsdd | Whole-Time Director | 01 Oct 2008 | Past |
| Pramod Abcsdd | Company Secretary | - | Past |
| Pramod Abcsdd | Director | 02 Feb 2015 | Past |
| Pramod Abcsdd | Additional Director | 29 Sep 2023 | Past |
Discover detailed profiles of directors and KMP - Unlock leadership insights today!
Arete Securities Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 56.01% decrease. The company also saw a substantial improvement in profitability, with a 33.92% increase in profit. The company's net worth moved up by a moderate rise of 5.97%.
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
In 2023, Arete Securities had a promoter holding of 52.86% and a public holding of 47.14%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Reveal ownership structures and financial performance - Get instant access now!
₹1,024,500,000.00
₹0
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Dec 2020 | Bank Of India | ₹100.00 Cr | Open |
| 10 May 2018 | Axis Bank Limited | ₹2.45 Cr | Open |
Explore comprehensive loan charge details -
Arete Securities has a workforce of 37 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Gain comprehensive insights into the Deals and Valuation data of Arete Securities, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Arete Securities's trajectory.
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Arete Securities Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.
Progress on Arete Securities Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.
The activity A charge with Axis Bank Limited of Rs. 2.45 Cr registered on 10 May 2018 with Charge ID 100184811 was modified on 18 Feb 2025. was completed.
Progress on Pooja Suresh Gurjar was appointed as a Company Secretary was appointed as a Company Secretary on 20 Jan 2024 & has been associated with this company since 1 year 10 months . was documented.
The activity A charge with Bank Of India of Rs. 100.00 Cr registered on 19 Dec 2020 with Charge ID 100403575 was modified on 16 Dec 2023. was completed.
The activity Hritika Sunil Shah was appointed as a Director was appointed as a Director on 20 Sep 2023 & has been associated with this company since 2 years 2 months . was completed.
The CIN of Arete Securities Limited is U74899MH1994PLC339302.
Arete Securities Limited is headquartered at 101 A, 10Th Floor, Mittal Court Nariman Point, Mumbai, Maharashtra, 400021.
Arete Securities Limited was incorporated on 08 April 1994.
The current directors of Arete Securities Limited are
The primary industry of Arete Securities Limited is Financial And Insurance Service.
Arete Securities Limited is unlisted.
The authorized capital of Arete Securities Limited is ₹27.00 Cr, and the paid-up capital is ₹11.62 Cr.
The compliance status of Arete Securities Limited is Compliant.
Search company & director profiles for free and gain access to critical business data.
Company Details
+91-XXXXXXXXXX