Arete Securities Limited - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1994.
1994 Mumbai, Maharashtra, India Active
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About Arete Securities Limited

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 ₹10.73 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.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U74899MH1994PLC339302

  • Registration Number

    339302

  • Incorporation Date

    08 April 1994

  • Authorized Capital

    ₹27.00 Cr

  • Paid-Up Capital

    ₹10.73 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 27.00 Cr
  • Paid Up Capital ₹ 10.73 Cr
  • Company Age 31 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 102.45 Cr
  • Revenue Growth **** -56.01%
  • Profit Growth **** 33.92%
  • Ebitda **** 14.59%
  • Net Worth 5.97%
  • Total Assets **** 32.31%
Company report

Arete Securities Limited

Company Report FY 2025-2026

Comprehensive Company Insights

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.

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Who are the key members and board of directors at Arete Securities Limited?
Current Directors
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
Past Directors
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

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Financial Performance of Arete Securities.

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%.

Arete Securities revenue growth over time
Arete Securities profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -56.01%
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Revenue from Operations
*******
 -56.15%
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*******
*******
*******
Total Assets
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 32.31%
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*******
Profit or Loss
*******
 33.92%
*******
*******
*******
*******
Net Worth
*******
 5.97%
*******
*******
*******
*******
EBITDA
*******
 14.59%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Arete Securities?

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.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹1,024,500,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Bank Of India : 100.00 Cr
  • Axis Bank Limited : 2.45 Cr
Latest Charge Details
Date Lender Amount Status
19 Dec 2020 Bank Of India ₹100.00 Cr Open
10 May 2018 Axis Bank Limited ₹2.45 Cr Open

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How Many Employees Work at Arete Securities?

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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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.

Rating
Graph displaying rating trends over time

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.

Alerts
Alert Indicator

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.

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Latest Updates, News, and FAQs on Arete Securities
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Arete Securities Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Arete Securities Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.

  • Charges

    Progress on 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 documented.

  • Director Appointment

    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 2 years 1 month . was documented.

  • Charges

    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.

  • Director Appointment

    Progress on 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 5 months . was documented.

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Frequently Asked Questions
What is the CIN of Arete Securities Limited?

The CIN of Arete Securities Limited is U74899MH1994PLC339302.

Where is Arete Securities Limited headquartered?

Arete Securities Limited is headquartered at 101 A, 10Th Floor, Mittal Court Nariman Point, Mumbai, Maharashtra, 400021.

When was Arete Securities Limited incorporated?

Arete Securities Limited was incorporated on 08 April 1994.

Who are the current directors of Arete Securities Limited?

The current directors of Arete Securities Limited are

What is the primary industry of Arete Securities Limited?

The primary industry of Arete Securities Limited is Financial And Insurance Service.

Is Arete Securities Limited a listed company?

Arete Securities Limited is unlisted.

What is the capital structure of Arete Securities Limited?

The authorized capital of Arete Securities Limited is ₹27.00 Cr, and the paid-up capital is ₹10.73 Cr.

What is the compliance status of Arete Securities Limited?

The compliance status of Arete Securities Limited is Compliant.

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