Ashwamegh Securities Private Limited
About Ashwamegh Securities Private Limited
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Ashwamegh Securities Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 22 December 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67120GJ1997PTC033460. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Meena Jagdish Thakkar and Jagdish Thakkar.
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 840 Fortune Towersayaji Gunj 5, Vadodara, Gujarat, India – 390005.
As per the financials filed for FY 2023, the company reported a revenue of ₹54,740, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹41,371 (net margin -75.6%) and EBITDA of -₹34,711 (EBITDA margin -63.4%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 25% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ashwamegh Securities Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address840 Fortune Towersayaji Gunj 5, Vadodara, Gujarat, India – 390005
- IndustryFinancial Services, Advisory, Financial Brokerage, Consultancy
To see the full contact details of Ashwamegh Securities Private Limited, buy the company report.
- 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 Ashwamegh 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 Ashwamegh Securities Private Limited, buy the company report.
Financials of Ashwamegh Securities Private Limited
FY 2025 filings availableAshwamegh Securities Private Limited reported revenue of ₹54,740 (down 34% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 34% fall in the latest year. EBITDA fell 350% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹34,711 | ||||
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| Net Profit (PAT) | -₹41,371 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | -63.4% | ||||
| Net Profit Margin | -75.6% | ||||
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To see the full financial statements and ratios of Ashwamegh Securities Private Limited, buy the company report.
Board of directors of Ashwamegh Securities Private Limited
Ashwamegh Securities has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meena Jagdish Thakkar | Director | 22 Dec 1997 | 28 Years 10 Months | Current |
| Jagdish Thakkar | Director | 22 Dec 1997 | 28 Years 10 Months | Current |
Peer comparison
Ashwamegh Securities Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Broking Services), 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 |
|---|---|---|---|---|---|---|
| Italindia Cotton Company Private Limited | ₹54,754 (FY 2025) | -93.0% | Maharashtra, India | |||
| Ashwamegh Securities Private Limitedthis company | ₹54,740 (FY 2023) | -₹41,371 | -75.6% | -34.0% | Vadodara, Gujarat, India | |
| Rudra Comventures Private Limited | ₹54,660 (FY 2022) | 27.0% | Kanpur, Uttar Pradesh, India | |||
| Gepl Commodities Private Limited | ₹54,429 (FY 2024) | -79.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Ashwamegh Securities Private Limited, buy the company report.
Auditor
Ashwamegh Securities Private Limited is audited by D C PARIKH & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D C PARIKH & CO | FY 2017 | 107537W |
Shareholding
The shareholding of Ashwamegh Securities Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ashwamegh Securities Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ashwamegh 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 Ashwamegh Securities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashwamegh Securities has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ashwamegh Securities Private Limited, buy the company report.
Recent activity
Ashwamegh Securities Private Limited has 2 board changes on record since 1997: 2 appointments. The latest: Jagdish Thakkar was appointed as Director on 22 Dec 1997.
Frequently asked questions
Ashwamegh Securities is an active private limited company based in Vadodara, Gujarat, India. The company works in advisory, within the financial services industry. It was incorporated on 22 December 1997 (29+ years old) and is registered under CIN U67120GJ1997PTC033460.
Ashwamegh Securities has 2 current directors:
- Meena Jagdish Thakkar - Director
- Jagdish Thakkar - Director
The latest financial statements of Ashwamegh 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 2015 are in the company report.
No. Ashwamegh Securities has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Ashwamegh Securities is U67120GJ1997PTC033460. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashwamegh Securities was incorporated on 22 December 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ashwamegh Securities by revenue are Italindia Cotton Company Private Limited, Rudra Comventures Private Limited, Gepl Commodities Private Limited, all in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Jagdish Thakkar was appointed as Director on 22 Dec 1997. Meena Jagdish Thakkar was appointed as Director on 22 Dec 1997.
The registered office of Ashwamegh Securities is at 840 Fortune Towersayaji Gunj 5, Vadodara, Gujarat, India – 390005.
Ashwamegh Securities operates in the financial services industry, in the advisory segment.
The compliance status of Ashwamegh Securities is compliant as of 26 September 2026. The company is actively filing with the Registrar of Companies.
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