About CD Equisearch Pvt Ltd
Data last updated:
CD Equisearch Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 15 May 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U67120WB1995PTC071521. Its GSTIN is 19AABCC0795N1Z7 (West Bengal). The company holds 11 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹10.92 Cr. It is led by directors Pranay Desai and Kishan Gupta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 37 Shakespeare Sarani 3rd Floor S.B. Tower, Kolkata, West Bengal, India – 700017.
As per the financials filed for FY 2025, the company reported a revenue of ₹48.34 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹2.39 Cr (net margin 4.9%) and EBITDA of ₹5.08 Cr (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 31% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: CD EquiSearch. As per MCA filings, the company has open charges of ₹125 Cr on record. Court records list 67 cases involving the company, including 44 filed by the company and 23 filed against it; 13 cases are pending. The company has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹5 Cr; the latest was in April 2021. Its 4 peer companies in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services) are compared by revenue, 2 larger and 2 smaller; the largest is Gepl Capital Private Limited with revenue of ₹48.75 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cdequi.com.
Company details
Contact details
CD Equisearch Pvt Ltd's registered office is in Kolkata, West Bengal. Its website is cdequi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address37 Shakespeare Sarani 3rd Floor S.B. Tower, Kolkata, West Bengal, India – 700017
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of CD Equisearch Pvt Ltd, 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
CD Equisearch operates one associated brand: CD EquiSearch. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An online platform for conducting technical analysis and research. | cdequi.com |
Business activity
The main business activity of CD Equisearch 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 CD Equisearch Pvt Ltd, buy the company report.
Financials of CD Equisearch Pvt Ltd
FY 2024 filings availableCD Equisearch Pvt Ltd reported revenue of ₹48.34 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 5% growth in the latest year. EBITDA fell 43% 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 | ₹5.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.39 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 | 10.5% | ||||
| Net Profit Margin | 4.9% | ||||
| 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 CD Equisearch Pvt Ltd, buy the company report.
Board of directors of CD Equisearch Pvt Ltd
CD Equisearch has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishan Gupta Also directs: CD Research Private Limited, CD Finvest Private Limited | Additional Director | 24 Mar 2025 | 1 Years 7 Months | Current |
| Pranay Desai | Director | 23 Jul 2007 | 19 Years 3 Months | Current |
Peer comparison
CD Equisearch Pvt Ltd is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Gepl Capital Private Limited | ₹48.75 Cr (FY 2025) | 23.0% | Mumbai, Maharashtra, India | |||
| Buglerock Capital Private Limited | ₹48.65 Cr (FY 2025) | 12.0% | Bangalore, Karnataka, India | |||
| CD Equisearch Pvt Ltdthis company | ₹48.34 Cr (FY 2025) | ₹2.39 Cr | 4.9% | 5.0% | Kolkata, West Bengal, India | |
| Amrapali Capital and Finance Services Limited | ₹48.24 Cr (FY 2025) | -33.0% | Ahmedabad, Gujarat, India | |||
| Excel Stock Broking Private Limited | ₹47.81 Cr (FY 2025) | -8.0% | Kolkata, West Bengal, India |
To see the full peer comparison of CD Equisearch Pvt Ltd, buy the company report.
Auditor
CD Equisearch Pvt Ltd is audited by Kothari & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kothari & Company | FY 2023 | 301178E |
Shareholding
The shareholding of CD Equisearch Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of CD Equisearch Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jul 2017 | 100119074 | Hdfc Bank Limited | ₹125 Cr | Open |
To see the full charge records of CD Equisearch Pvt Ltd, buy the company report.
Total charge records: 1 View all charges
Deals & funding
CD Equisearch Pvt Ltd has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹5 Cr; the latest was in April 2021.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2016 | Secondary share transfer | Undisclosed | Seller: an individual |
| Jan 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Chandravadan Desai HUF |
| Dec 2012 | Secondary share transfer | Undisclosed | Seller: an individual |
| Nov 2011 | Secondary share transfer | Undisclosed | Seller: 2 individuals |
To see the full deal history of CD Equisearch Pvt Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
CD Equisearch Pvt Ltd has 67 court cases on record: 44 filed by CD Equisearch, 23 filed against it. 13 cases are pending and 54 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 35 | 14 | 2 |
| District courts | 32 | 9 | 11 |
Cases on record (5 of 67)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Pushpanjali Tie Up Pvt Ltd | Pending |
| High Court, MAHARASHTRA | Arbitration matter | Filed by the company against National Stock Exchange of India Ltd and 1 other | Disposed |
| Bombay High Court | Court case (CHS) | Filed against the company by Pushpanjali Tie Up Pvt Ltd | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Pushpanjali Tie Up Pvt Ltd | Disposed |
| Bombay High Court | Court case (S) | Filed against the company by Pushpanjali Tie Up Pvt Ltd | Disposed |
To see the full case history of CD Equisearch Pvt Ltd, 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 CD Equisearch Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
CD Equisearch has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| CD Commo Search Private Limited | U74999WB2004PTC099158 |
To see the full group structure of CD Equisearch Pvt Ltd, buy the company report.
GST
CD Equisearch has 11 GST registrations: 4 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCC0795N1Z7 | West Bengal | Active | 01 Jul 2017 |
| 19AABCC0795N2Z6 | West Bengal | Active | 22 Mar 2025 |
| 27AABCC0795N1ZA | Maharashtra | Active | 01 Jul 2017 |
| 27AABCC0795N2Z9 | Maharashtra | Active | 22 Mar 2025 |
To see the full GST registrations and return filing status of CD Equisearch Pvt Ltd, buy the company report.
Recent activity
CD Equisearch Pvt Ltd has 9 board changes on record since 2007: 2 appointments and 7 cessations. The latest: Chandravadan Desai ceased to be Director on 29 Mar 2025.
2 earlier events are in the company report.
Frequently asked questions
CD Equisearch is an active private limited company based in Kolkata, West Bengal, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 15 May 1995 (31+ years old) and is registered under CIN U67120WB1995PTC071521.
CD Equisearch has 2 current directors:
- Kishan Gupta - Additional Director
- Pranay Desai - Director
The latest financial statements of CD Equisearch on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of CD Equisearch is 19AABCC0795N1Z7, registered in West Bengal. The company has 11 GST registrations in all, of which 4 are active and 7 are cancelled or inactive. Other active GSTINs include 19AABCC0795N2Z6 (West Bengal), 27AABCC0795N1ZA (Maharashtra), 27AABCC0795N2Z9 (Maharashtra).
The CIN (Corporate Identification Number) of CD Equisearch is U67120WB1995PTC071521. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
CD Equisearch has 67 court cases on record: 44 filed by the company and 23 filed against it. 13 are pending. Most are in the high courts.
CD Equisearch was incorporated on 15 May 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kolkata.
CD Equisearch has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹5 Cr; the latest was in April 2021.
The peers of CD Equisearch by revenue are Gepl Capital Private Limited, Buglerock Capital Private Limited, Amrapali Capital and Finance Services Limited, Excel Stock Broking Private Limited, all in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Chandravadan Desai ceased to be Director on 29 Mar 2025. Kishan Gupta was appointed as Additional Director on 24 Mar 2025. Nilesh Prabhudas Vasa ceased to be Additional Director on 29 Sep 2018. CD Equisearch has 9 board changes on record in total.
CD Equisearch can be reached through the website cdequi.com. Its registered office is in Kolkata, West Bengal, India.
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.
