Choice Securities Private Limited
About Choice Securities Private Limited
Data last updated:
Choice Securities 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 24 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1995PTC090929. Its GSTIN is 27AAACC3515H1Z0 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rajeev Nadkarni Shankar (Managing Director) and Tushar Kanakrai Ghelani.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.58 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.02 Cr (net margin 28.5%) and EBITDA of ₹1.53 Cr (EBITDA margin 42.7%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 27% over five years.
As per MCA filings, the company has satisfied charges of ₹36 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressOffice No. 309 Shah And Nahar Industrial Premises Co – Operative Society Ltd. Dr. Moses Roa, D Worli, Mumbai, Maharashtra, India – 400018
- IndustryFinancial Services, Brokerage & Trading Services
- 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
- One PDF report, delivered after checkout
Business Activity of Choice Securities Private Limited
The main business activity of Choice Securities is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Choice Securities Private Limited FY 2025 filings available
Choice Securities Private Limited reported revenue of ₹3.58 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Choice Securities Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 12% growth in the latest year. EBITDA rose 60% 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 of Choice Securities Private Limited
| 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 | ₹1.53 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.02 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 of Choice Securities Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 42.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 28.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Choice Securities are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Choice Securities Private Limited
Choice Securities Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Broking Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gopal Management Private Limited | ₹3.6 Cr (FY 2023) | •••• | •••• | 126730.0% | •••• | Uluberia, West Bengal, India |
| Apex Insurance Broking Services Private Limited | ₹3.6 Cr (FY 2024) | •••• | •••• | 38.0% | •••• | Hyderabad, Telangana, India |
| Right Horizons Insurance Broking Services Private Limited | ₹3.59 Cr (FY 2025) | •••• | •••• | 61.0% | •••• | Bangalore, Karnataka, India |
| LMV Insurance Broking Services Private Limited | ₹3.59 Cr (FY 2024) | •••• | •••• | 86.0% | •••• | Hyderabad, Telangana, India |
| KCPL Intrade Private Limited | ₹3.59 Cr (FY 2025) | •••• | •••• | -80.0% | •••• | Kandivali, Mumbai, Maharashtra, India |
| Choice Securities Private Limited this company | ₹3.58 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| VCK Share and Stock Broking Services Ltd. | ₹3.58 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Kolkata, West Bengal, India |
| Interlink Securities Private Limited | ₹3.58 Cr (FY 2025) | •••• | •••• | 874.0% | •••• | Ahmedabad, Gujarat, India |
| Integral Metal Services Private Limited | ₹3.58 Cr (FY 2023) | •••• | •••• | -33.0% | •••• | Kolkata, West Bengal, India |
| Sukh Darshasn Investments Private Limited | ₹3.57 Cr (FY 2024) | •••• | •••• | 475897.0% | •••• | New Delhi, Delhi, India |
| Richmond Traders Private Limited | ₹3.57 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Choice Securities by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Choice Securities Private Limited
Choice Securities Private Limited is audited by SUBRAMANIAN SRINIVASAN & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUBRAMANIAN SRINIVASAN & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Choice Securities Private Limited
Choice Securities has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Nadkarni Shankar | Managing Director | 04 Aug 1995 | 31 Years 2 Months | Current |
| Tushar Kanakrai Ghelani | Director | 01 Nov 1999 | 26 Years 11 Months | Current |
| Sonakshi Rajeev Nadkarni | Director | 04 Aug 1995 | 31 Years 2 Months | Current |
| Ashish Shah Sumanlal | Director | 01 Nov 1999 | 26 Years 11 Months | Current |
Ownership and Shareholding of Choice Securities Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Choice Securities Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jun 2014 | Oriental Bank of Commerce | ₹5 Lakh | Satisfied |
| 05 Jun 2012 | Oriental Bank of Commerce | ₹8 Lakh | Satisfied |
| 04 Aug 2008 | Karnataka Bank Ltd. | ₹3 Lakh | Satisfied |
| 21 Oct 2005 | The North Kanara G.S.B. Co-Op. Bank Ltd. | ₹20 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Choice Securities Private Limited
Employment history and EPFO contributions of people linked to Choice Securities.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Choice Securities Private Limited
Choice Securities Private Limited has 4 board changes on record since 1995: 4 appointments. The latest: Ashish Shah Sumanlal was appointed as Director on 01 Nov 1999.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Choice Securities Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Choice Securities Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Choice Securities Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Choice Securities Private Limited
Choice Securities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACC3515H1Z0 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Choice Securities Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Choice Securities Private Limited
Choice Securities 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 24 July 1995 (31+ years old) and is registered under CIN U67120MH1995PTC090929.
Choice Securities reported revenue of ₹3.58 Cr for FY 2025 (up 12% YoY).
Choice Securities has 4 current directors:
- Rajeev Nadkarni Shankar - Managing Director
- Tushar Kanakrai Ghelani - Director
- Sonakshi Rajeev Nadkarni - Director
- Ashish Shah Sumanlal - Director
Choice Securities reported a net profit of ₹1.02 Cr (net margin 28.5%) and EBITDA of ₹1.53 Cr (EBITDA margin 42.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Choice Securities is 14% over three years and 27% over five years. In the latest year (FY 2025) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Choice Securities is 27AAACC3515H1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Choice Securities is U67120MH1995PTC090929. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Choice Securities was incorporated on 24 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Choice Securities by revenue are Gopal Management Private Limited, Apex Insurance Broking Services Private Limited, Right Horizons Insurance Broking Services Private Limited, LMV Insurance Broking Services Private Limited, KCPL Intrade Private Limited and 5 more, all in the BFSI industry (Broking Services).
Ashish Shah Sumanlal was appointed as Director on 01 Nov 1999. Tushar Kanakrai Ghelani was appointed as Director on 01 Nov 1999. Rajeev Nadkarni Shankar was appointed as Managing Director on 04 Aug 1995. Choice Securities has 4 board changes on record in total.
The registered office of Choice Securities is at Office No. 309 Shah And Nahar Industrial Premises Co – Operative Society Ltd. Dr. Moses Roa, D Worli, Mumbai, Maharashtra, India – 400018.