
BMG Finserv Private Limited
About BMG Finserv Private Limited
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BMG Finserv Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 04 July 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1994PTC079382. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹48.06 Lakh. It was formerly known as Gandhi Securities Private Limited. It is led by directors Belu Paresh Gandhi and Paresh Babulal Gandhi.
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 411 4th Floor Rotunda Towers Dalal Street Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.34 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹2.78 Lakh (net margin 0.1%) and EBITDA of ₹46.42 Lakh (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 35% over five years.
As per MCA filings, the company has open charges of ₹8 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
BMG Finserv Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address411 4th Floor Rotunda Towers Dalal Street Fort, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of BMG Finserv 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 BMG Finserv is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of BMG Finserv Private Limited, buy the company report.
Financials of BMG Finserv Private Limited
FY 2025 filings availableBMG Finserv Private Limited reported revenue of ₹23.34 Cr (down 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 38% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 35%. EBITDA fell 52% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹46.42 Lakh | ||||
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| Net Profit (PAT) | ₹2.78 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of BMG Finserv Private Limited, buy the company report.
Board of directors of BMG Finserv Private Limited
BMG Finserv has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Belu Paresh Gandhi Also directs: Told & Sold LLP | Director | 01 Feb 2001 | 25 Years 9 Months | Current |
| Paresh Babulal Gandhi Also directs: B M Gandhi Securities Private Limited | Director | 15 Oct 2004 | 22 Years 0 Months | Current |
Auditor
BMG Finserv Private Limited is audited by Sandeep Shah & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sandeep Shah & Associates | FY 2022 | 038819 |
Shareholding
The shareholding of BMG Finserv Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of BMG Finserv Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Oct 2024 | 100996001 | Others | ₹5 Cr | Open | |
| 12 Dec 2023 | 100828850 | Others | ₹3 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving BMG Finserv 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 BMG Finserv Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
BMG Finserv 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 BMG Finserv Private Limited, buy the company report.
Recent activity
BMG Finserv Private Limited has 4 board changes on record since 2001: 2 appointments and 2 cessations. The latest: Bhupendra Babulal Gandhi ceased to be Director on 30 Dec 2022.
Frequently asked questions
BMG Finserv is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 04 July 1994 (32+ years old) and is registered under CIN U65990MH1994PTC079382.
BMG Finserv has 2 current directors:
- Belu Paresh Gandhi - Director
- Paresh Babulal Gandhi - Director
The latest financial statements of BMG Finserv 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. BMG Finserv has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of BMG Finserv is U65990MH1994PTC079382. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
BMG Finserv was incorporated on 04 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Bhupendra Babulal Gandhi ceased to be Director on 30 Dec 2022. Karuna Bhupendra Gandhi ceased to be Director on 30 Dec 2022. Paresh Babulal Gandhi was appointed as Director on 15 Oct 2004. BMG Finserv has 4 board changes on record in total.
The registered office of BMG Finserv is at 411 4th Floor Rotunda Towers Dalal Street Fort, Mumbai, Maharashtra, India – 400001.
BMG Finserv operates in the financial services industry, in the brokerage and trading services segment.
BMG Finserv has open charges of ₹8 Cr and no satisfied charges on record as per latest MCA filings.

