Choice Equity Broking Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 2010.

2010 Mumbai, Maharashtra, India Active

Last Updated: December 22, 2025

About Choice Equity Broking Private Limited

Choice Equity Broking Private Limited, a active private limited company, was established on 09 January 2010 in Mumbai, Maharashtra, India. Engaging in brokerage & trading services within the financial and insurance service sector, it holds CIN: U65999MH2010PTC198714. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹9.50 Cr and a paid-up capital of ₹8.91 Cr.

Formerly known as Choice Equity Trading Private Limited. It upholds a compliant status. Employing 731 professional, Its leadership includes Ashok Kumar Thakur (Director), Sunil Bagaria (Director), Vijay Rajendra Kejriwal (Additional Director). Past directors included Ashok Kumar Thakur, Sunil Bagaria, Brijmohan Pooranmal Agarwal. It holds ₹520.00 Cr open charges and ₹300.25 Cr settled loans. Its latest AGM occurred on 16 September 2025, with the balance sheet filed on 31 March 2024. It is based at Sunil Patodia Tower, Plot No. 156-158 J.B. Nagar, Andheri (East), Mumbai, Maharashtra, 400099.

Company Details

CIN/LLPIN
U65999MH2010PTC198714
Registration Number
198714
Incorporation Date
09 January 2010
Authorized Capital
₹9.50 Cr
Paid-Up Capital
₹8.91 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 9.50 Cr as on 22-12-2025
Paid Up Capital ₹ 8.91 Cr as on 22-12-2025
Company Age 16 Year, 1 Month
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 520.00 Cr as on 22-12-2025
Satisfied Charges ₹ 300.25 Cr as on 22-12-2025
Revenue Growth **** 40.53% (FY 2023)
Profit Growth **** 7.04% (FY 2023)
Ebitda **** 37.06% (FY 2023)
Net Worth 28.76% (FY 2023)
Total Assets **** 19.18% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Choice Equity Broking Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report

Who are the key members and board of directors at Choice Equity Broking Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Ashok Kumar Thakur	Director	22 Nov 2016	Current
Sunil Bagaria	Director	27 Mar 2019	Current
Vijay Rajendra Kejriwal	Additional Director	15 Oct 2025	Current
Kamal Poddar	Director	09 Aug 2011	Current
Ajay Rajendra Kejriwal	Director	23 Apr 2016	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	16 Sep 2017	Past
Pramod Abcsdd	Director	23 Apr 2016	Past
Pramod Abcsdd	Director	21 Sep 2016	Past
Pramod Abcsdd	Additional Director	30 Sep 2011	Past
Pramod Abcsdd	Director	10 Aug 2011	Past
Pramod Abcsdd	Additional Director	30 Sep 2011	Past

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Financial Performance of Choice Equity Broking.

Choice Equity Broking Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.53% increase. The company also saw a slight improvement in profitability, with a 7.04% increase in profit. The company's net worth Soared by an impressive increase of 28.76%.

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

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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

********

40.53%

*******

Revenue from Operations

*******

51.80%

*******

Total Assets

*******

19.18%

*******

Profit or Loss

*******

7.04%

*******

Net Worth

*******

28.76%

*******

EBITDA

*******

37.06%

*******

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What is the Ownership and Shareholding Structure of Choice Equity Broking?

In 2023, Choice Equity Broking had a promoter holding of 100.00%. The company had 6 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹5,200,000,000.00

Satisfied Charges

₹3,002,500,000.00

Charges Breakdown by Lending Institutions

Others : 435.00 Cr
Hdfc Bank Limited : 85.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
24 Sep 2025	Hdfc Bank Limited	₹85.00 Cr	Open
18 Aug 2025	Others	₹50.00 Cr	Open
29 Jan 2025	Others	₹25.00 Cr	Open
18 Dec 2024	Others	₹60.00 Cr	Open
24 Sep 2024	Others	₹30.00 Cr	Open

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How Many Employees Work at Choice Equity Broking?

Choice Equity Broking has a workforce of 731 employees as of Apr 05, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Choice Equity Broking, 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 Choice Equity Broking's trajectory.

Rating

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

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 Choice Equity Broking

Recent Activity within the Organization

Director Appointment

The activity Vijay Rajendra Kejriwal was appointed as a Additional Director was appointed as a Additional Director on 15 Oct 2025 & has been associated with this company since 4 months 2 days . was completed.
15 Oct 2025
Charges

A charge registered on 28 Jun 2024 via Charge ID 100947912 with Others was fully satisfied on 04 Oct 2025. was recorded as a recent event.
04 Oct 2025
Charges

Progress on A charge with Hdfc Bank Limited amounted to Rs. 85.00 Cr with Charge ID 101172017 was registered on 24 Sep 2025. was documented.
24 Sep 2025
Annual General Meeting

Choice Equity Broking Private Limited last Annual general meeting of members was held on 16 Sep 2025 as per latest MCA records. was recorded as a recent event.
16 Sep 2025
Charges

A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101152733 was registered on 18 Aug 2025. was recorded as a recent event.
18 Aug 2025
Charges

Progress on A charge registered on 05 Mar 2019 via Charge ID 100257283 with Others was fully satisfied on 23 May 2025. was documented.
23 May 2025

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