About Canara Bank Securities Limited
Data last updated:
Canara Bank Securities Limited is a public limited union government company based in Mumbai, Maharashtra, India, a subsidiary of Canara Bank. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 01 March 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1996GOI097783. Its GSTIN is 27AAACG2218H1ZY (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹16 Cr. It was formerly known as Gilt Securities Trading Corporation Limited. It is led by directors including Dhananjay Kumar Sinha (Managing Director) and Sandeep Rao (Managing Director).
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 7th Floor Maker Chambers III Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹52.03 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹7.9 Cr (net margin 15.2%) and EBITDA of ₹11.86 Cr (EBITDA margin 22.8%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 5% over five years.
The company is associated with 1 brand: Canmoney. As per MCA filings, the company has open charges of ₹41.87 Cr and satisfied charges of ₹21.87 Cr on record. Court records list 19 cases involving the company, including 5 filed by the company and 14 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website canmoney.in.
Company details
CIN history
Canara Bank Securities has one previous CIN (Corporate Identification Number): U67120MH1996PLC097783. The current CIN is U67120MH1996GOI097783, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120MH1996GOI097783 | Current |
| U67120MH1996PLC097783 | Previous |
Contact details
Canara Bank Securities Limited's registered office is in Mumbai, Maharashtra. Its website is canmoney.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered Address7th Floor Maker Chambers III Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Canara Bank Securities 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
Brands
Canara Bank Securities operates one associated brand: Canmoney. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Acts as a financial service provider and trading platform. | canmoney.in |
Business activity
The main business activity of Canara Bank 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 Canara Bank Securities Limited, buy the company report.
Financials of Canara Bank Securities Limited
FY 2025 filings availableCanara Bank Securities Limited reported revenue of ₹52.03 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 7% growth in the latest year. EBITDA fell 17% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.86 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.9 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.8% | ||||
| Net Profit Margin | 15.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Canara Bank Securities Limited, buy the company report.
Board of directors of Canara Bank Securities Limited
Canara Bank Securities has 9 current directors and 73 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhananjay Kumar Sinha | Managing Director | 25 Sep 2023 | 3 Years 1 Months | Current |
| Mahesh Muralidhar Pai | Director | 22 Jun 2021 | 5 Years 4 Months | Current |
| Bikram Singh Raina | Director | 24 Dec 2021 | 4 Years 10 Months | Current |
| Nageswara Rao Yalamanchili Also directs: Capital Small Finance Bank Limited, CRMF Trustee Private Limited, Maximus Arc Limited and 3 more | Director | 02 Jul 2025 | 1 Years 4 Months | Current |
| Venkatasubramanian Kalyan | Director | 17 Feb 2023 | 3 Years 8 Months | Current |
| Sandeep Rao | Managing Director | 21 Apr 2025 | 1 Years 6 Months | Current |
Auditor
Canara Bank Securities Limited is audited by SAMRIA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAMRIA & CO | FY 2023 | 109043W |
Shareholding
The shareholding of Canara Bank Securities 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 Canara Bank Securities Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Nov 2025 | 101177655 | Canara Bank | ₹41.87 Cr | Open | |
| 04 Aug 2021 | 100470784 | Canara Bank | ₹21.87 Cr | Satisfied |
To see the full charge records of Canara Bank Securities Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Canara Bank Securities Limited has 19 court cases on record: 5 filed by Canara Bank Securities, 14 filed against it. 7 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 8 | 2 |
| District courts | 6 | 4 | 4 |
| NCLT | 2 | 1 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Writ petition | Filed against the company by The Federal Bank Ltd and 10 others | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RR) | Filed against the company by K.C.Holdings Pvt.Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against K C Holdings Pvt Ltd | Pending |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Indo Enviro Integrated Solutions Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against K. C. Holdings Pvt Ltd | Disposed |
To see the full case history of Canara Bank Securities Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Canara Bank Securities Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Canara Bank Securities has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG2218H1ZY | Maharashtra | Active | 01 Jul 2017 |
| 27AAACG2218H1D7 | Maharashtra | Active | 02 Nov 2018 |
| 29AAACG2218H1ZU | Karnataka | Active | 01 Jul 2017 |
| 29AAACG2218H1D3 | Karnataka | Active | 04 Dec 2018 |
To see the full GST registrations and return filing status of Canara Bank Securities Limited, buy the company report.
Recent activity
Canara Bank Securities Limited has 70 board changes on record since 2007: 9 appointments and 61 cessations. The latest: Adarsh Mankeezhayil Sivaraman was appointed as Additional Director on 23 Sep 2025.
65 earlier events are in the company report.
Frequently asked questions
Canara Bank Securities is an active public limited union government company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 01 March 1996 (30+ years old) and is registered under CIN U67120MH1996GOI097783.
Canara Bank Securities has 9 current directors:
- Dhananjay Kumar Sinha - Managing Director
- Sandeep Rao - Managing Director
- Mahesh Muralidhar Pai - Director
- Bikram Singh Raina - Director
- Nageswara Rao Yalamanchili - Director
- Venkatasubramanian Kalyan - Director
- Bhavendra Kumar - Director
- Adarsh Mankeezhayil Sivaraman - Additional Director
- Milind Sushilkumar Pradhan - Additional Director
The latest financial statements of Canara Bank Securities on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Canara Bank Securities is 27AAACG2218H1ZY, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AAACG2218H1D7 (Maharashtra), 29AAACG2218H1ZU (Karnataka), 29AAACG2218H1D3 (Karnataka).
The CIN (Corporate Identification Number) of Canara Bank Securities is U67120MH1996GOI097783. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Canara Bank Securities has 19 court cases on record: 5 filed by the company and 14 filed against it. 7 are pending. Most are in the high courts.
Canara Bank Securities was incorporated on 01 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Adarsh Mankeezhayil Sivaraman was appointed as Additional Director on 23 Sep 2025. Milind Sushilkumar Pradhan was appointed as Additional Director on 23 Sep 2025. Bhavendra Kumar ceased to be Additional Director on 22 Sep 2025. Canara Bank Securities has 70 board changes on record in total.
Canara Bank Securities can be reached through the website canmoney.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Canara Bank Securities is at 7th Floor Maker Chambers III Nariman Point, Mumbai, Maharashtra, India – 400021.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
