About Arete Securities Limited
Data last updated: 21 December 2025
Arete Securities Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in brokerage and trading services, a part of the broader financial services sector. Incorporated on 08 April 1994, the company has been in operation for over 32 years.
Registered with ROC Mumbai under CIN U74899MH1994PLC339302.
Capital: an authorised share capital of ₹27 Cr and a paid-up capital of ₹10.73 Cr. Formerly known as Arete Securities Limited and Spa Securities Limited. It is led by directors including Kamal Kishore Somani and Sanwarmal Sharma.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 101 A 10Th Floor Mittal Court Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹418.83 Cr, a decline of 4% compared to the previous year.
The company has a workforce of approximately 37 employees as per the latest available data.
The company is associated with 1 brand - Arete Securities. As per MCA filings, the company has open charges of ₹102.45 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aretesecurities.com.
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Registered Address101 A 10Th Floor Mittal Court Nariman Point, Mumbai, Maharashtra, India – 400021
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IndustryFinancial Services, Brokerage & Trading Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Arete Securities Limited
Arete Securities Limited has undergone 2 name changes throughout its history. The company was previously known as Arete Securities Limited, and Spa Securities Limited. The current legal name is Arete Securities Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Arete Securities Limited | Current |
| Spa Securities Limited | Previous |
CIN History of Arete Securities Limited
Arete Securities Limited has one previous CIN (Corporate Identification Number): U74899DL1994PLC058382. The current CIN is U74899MH1994PLC339302, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899MH1994PLC339302 | Current |
| U74899DL1994PLC058382 | Previous |
Associated Brands with Arete Securities Limited
Arete Securities Limited operates one associated brand: Arete Securities. These brands represent Arete Securities Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Asset management and investment advisory services are provided. | aretesecurities.com |
Competitors & Alternatives of Arete Securities Limited
Brands and companies operating in the same space as Arete Securities Limited include Fidelity Investments, UTI Mutual Fund, Goldman Sachs and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Fidelity Investments
|
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms | Boston, United States, United States | 1946 |
UTI Mutual Fund
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Mutual funds, portfolio management, and retirement planning services are offered. | Mumbai, India, India | 2001 |
Goldman Sachs
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Investment banking services are delivered across multiple financial sectors. | New York, United States, United States | 1869 |
S&P Global
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Platform offering business intelligence solutions that combine data and actionable analytics for clients | New York, United States, United States | 1917 |
Sundaram Finance
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Provider of consumer & SME loans and equipment & vehicle leasing services | Chennai, India, India | 1954 |
Bank of America
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Commercial banking and asset management services are offered worldwide. | Charlotte, United States, United States | 1904 |
State Street
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Financial services are provided to asset managers worldwide. | Boston, United States, United States | - |
FIS
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Software suites for banks and financial institutions are provided. | Jacksonville, United States, United States | 1968 |
Avendus
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Corporate advisory and investment services are provided to clients. | Mumbai, India, India | 1999 |
360 One
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Asset and wealth management software is provided for businesses. | Mumbai, India, India | 2008 |
Business Activity of Arete Securities Limited
Arete Securities Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including 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 for Arete Securities Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Arete Securities Limited
Arete Securities Limited is audited by Jagdish Bansal & Associates for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Jagdish Bansal & Associates | Locked | Locked | Locked |
Complete auditor history for Arete Securities Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Arete Securities Limited
Arete Securities Limited currently reports 6 directors and 1 key managerial person. 9 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamal Kishore Somani | Managing Director | 14 Jan 2002 | 24 Years 6 Months | Current |
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Sanwarmal Sharma
Also directs:
Sutex Yarns Private Limited
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Director | 13 Apr 2007 | 19 Years 3 Months | Current |
| Puja Gupta | Director | 03 Aug 2015 | 10 Years 11 Months | Current |
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Ankit Somani
Also directs:
Sahayog Mercantile Llp, I-Con Industries Llp, Spa Corporate Services Private Limited and 2 more
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Whole-Time Director | 24 Sep 2011 | 14 Years 10 Months | Current |
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Pooja Suresh Gurjar
Also directs:
Ageless Capital And Finance Private Limited
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Company Secretary | 20 Jan 2024 | 2 Years 6 Months | Current |
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Hritika Sunil Shah
Also directs:
Amrita Mercantile Private Limited
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Director | 20 Sep 2023 | 2 Years 10 Months | Current |
Financials of Arete Securities Limited FY 2025 filings available
Arete Securities Limited reported revenue of ₹418.83 Cr (down 4.00% YoY) for FY 2025.
Ten-year financial statements for Arete Securities Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Arete Securities Limited
Shareholding and ownership data for Arete Securities Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Arete Securities Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Dec 2020 | Bank of India | ₹100 Cr | Open |
| 10 May 2018 | Axis Bank Limited | ₹2.45 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Arete Securities Limited
Arete Securities Limited has a workforce of 37 employees as of Apr 09, 2024.
Employee and EPFO history for Arete Securities Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Arete Securities Limited
GST registrations and filing compliance for Arete Securities Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Arete Securities Limited
Credit ratings, litigation, and regulatory alerts for Arete Securities Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- 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 Arete Securities Limited
MSME payment history for Arete Securities Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Arete Securities Limited
Corporate group structure for Arete Securities Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Arete Securities Limited
MCA filings and documents for Arete Securities Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Arete Securities Limited
Frequently Asked Questions about Arete Securities Limited
Arete Securities Limited is an active public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 08 April 1994 (32+ years old) and is registered under CIN U74899MH1994PLC339302. The company has 37 employees.
Arete Securities Limited reported revenue of ₹418.83 Cr for FY 2025 (down 4.00% YoY).
The current directors and KMP of Arete Securities Limited are:
- Kamal Kishore Somani - Managing Director
- Sanwarmal Sharma - Director
- Puja Gupta - Director
- Ankit Somani - Whole-Time Director
- Pooja Suresh Gurjar - Company Secretary
- Hritika Sunil Shah - Director
- Ashish D Jalan - Director
The primary industry of Arete Securities Limited is financial services. The company specifically operates in brokerage and trading services. The company is currently active in this sector.
Arete Securities Limited can be reached at the registered office: 101 A 10Th Floor Mittal Court Nariman Point, Mumbai, Maharashtra, India – 400021, or through the website aretesecurities.com.
The authorised capital is ₹27 Cr, and the paid-up capital is ₹10.73 Cr.