About East India Securities Ltd
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East India Securities Ltd is a public 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 08 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U67120WB1995PLC072026. Its GSTIN is 19AABCE2412N1ZN (West Bengal). The company holds 7 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.67 Cr. It was formerly known as East India Securities P Ltd and East India Securities Pvt Ltd. It is led by directors including Sanjay Kumar Shroff (Managing Director) and Tapas Kumar Maity (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Da – 14 Saltlake City Sector – 1, Kolkata, West Bengal, India – 700064.
As per the financials filed for FY 2025, the company reported a revenue of ₹466.77 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹286.6 Cr (net margin 61.4%) and EBITDA of ₹376.63 Cr (EBITDA margin 80.7%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 46% over five years.
The company has about 2 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: East India Securities. As per MCA filings, the company has open charges of ₹1,175 Cr and satisfied charges of ₹92 Cr on record. Court records list 18 cases involving the company, including 8 filed by the company and 10 filed against it; 4 cases are pending. The company has 4 deals on record (3 market trades, 1 ipo); the latest was in March 2018. Its 6 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 4 smaller; the largest is Kotak Commodity Services Private Limited with revenue of ₹470.72 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 eisec.com.
Company details
Name history
East India Securities has undergone 2 name changes throughout its history. The company was previously known as East India Securities P Ltd, and East India Securities Pvt Ltd. The current legal name is East India Securities Ltd.
| Company Name | Status |
|---|---|
| East India Securities Ltd | Current |
| East India Securities P Ltd | Previous |
| East India Securities Pvt Ltd | Previous |
CIN history
East India Securities has one previous CIN (Corporate Identification Number): L67120WB1995PLC072026. The current CIN is U67120WB1995PLC072026, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120WB1995PLC072026 | Current |
| L67120WB1995PLC072026 | Previous |
Contact details
East India Securities Ltd's registered office is in Kolkata, West Bengal. Its website is eisec.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDa – 14 Saltlake City Sector – 1, Kolkata, West Bengal, India – 700064
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of East India Securities 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
East India Securities operates one associated brand: East India Securities. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Full-service stock broking is provided in India. | eisec.com |
Business activity
The main business activity of East India 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 East India Securities Ltd, buy the company report.
Financials of East India Securities Ltd
FY 2024 filings availableEast India Securities Ltd reported revenue of ₹466.77 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 46% over five years, including 17% growth in the latest year. EBITDA rose 15% 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 | ₹376.63 Cr | ||||
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| Net Profit (PAT) | ₹286.6 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 80.7% | ||||
| Net Profit Margin | 61.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of East India Securities Ltd, buy the company report.
Board of directors of East India Securities Ltd
East India Securities has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradip Kumar | Director | 09 Aug 2018 | 8 Years 2 Months | Current |
| Vivek Agarwal | Director | 01 Feb 2018 | 8 Years 9 Months | Current |
| Sanjay Kumar Shroff Also directs: Avant Garde Re-Energy Private Limited, Neha Properties Pvt Ltd, A.V. Commercial Company Pvt. Ltd. and 5 more | Managing Director | 01 Feb 2018 | 8 Years 9 Months | Current |
| Tapas Kumar Maity Also directs: Avant Garde Re-Energy Private Limited | Whole-Time Director | 20 Feb 2018 | 8 Years 8 Months | Current |
| Kirti Kothari | Director | 20 Feb 2018 | 8 Years 8 Months | Current |
Peer comparison
East India Securities Ltd is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Kotak Commodity Services Private Limited | ₹470.72 Cr (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| Phillipcapital (India) Private Limited | ₹470.53 Cr (FY 2025) | 14.0% | Mumbai, Maharashtra, India | |||
| East India Securities Ltdthis company | ₹466.77 Cr (FY 2025) | ₹286.6 Cr | 61.4% | 17.0% | 2 | Kolkata, West Bengal, India |
| Ubs Securities India Private Limited | ₹464.1 Cr (FY 2025) | 31.0% | Mumbai, Maharashtra, India | |||
| Aditya Birla Money Limited | ₹462.58 Cr (FY 2025) | 17.0% | Veraval, Gujarat, India | |||
| Investec Capital Services (India) Private Limited | ₹452.84 Cr (FY 2025) | 55.0% | Mumbai, Maharashtra, India | |||
| Kifs Trade Capital Private Limited | ₹450.07 Cr (FY 2024) | 152.0% | Gandhinagar, Gujarat, India |
To see the full peer comparison of East India Securities Ltd, buy the company report.
Auditor
East India Securities Ltd is audited by NOKARI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NOKARI & ASSOCIATES | FY 2023 | 310032E |
Shareholding
The shareholding of East India Securities 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 East India Securities Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 May 2024 | 100937039 | Others | ₹125 Cr | Open | |
| 18 Oct 2023 | 100810546 | Others | ₹100 Cr | Open | |
| 24 Mar 2022 | 100550548 | Others | ₹350 Cr | Open | |
| 24 Feb 2020 | 100326602 | Hdfc Bank Limited | ₹600 Cr | Open | |
| 24 Mar 2023 | 100693844 | Others | ₹50 Cr | Satisfied |
To see the full charge records of East India Securities Ltd, buy the company report.
Total charge records: 7 View all charges
Deals & funding
East India Securities Ltd has 4 deals on record (3 market trades, 1 ipo); the latest was in March 2018.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Market trade | ₹233.38 Cr | Buyer: 3 individuals Seller: 2 individuals |
| Mar 2018 | Market trade | ₹4.5 Cr | Buyer: Bellary Iron Ores Private Limited Seller: Chittaranjan Housing Co Pvt Ltd |
| Mar 2018 | Market trade | ₹3.58 Cr | Seller: Chittaranjan Housing Co Pvt Ltd |
| Mar 2018 | IPO | ₹92.74 Cr | Investors: Public Investors |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
East India Securities Ltd has 18 court cases on record: 8 filed by East India Securities, 10 filed against it. 4 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 6 | 3 |
| High courts | 7 | 4 | 1 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (MEX) | Filed by the company against Junjharji Investment Pvt Ltd | Disposed |
| District court, Calcutta, West Bengal | Interim or miscellaneous application | Filed by the company against Junjharji Investment Pvt Ltd | Disposed |
| District court, Calcutta, West Bengal | Court case (TS) | Filed by the company against Reliance Industries Limited and 1 other | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Good Work Holdings Pvt. Ltd. | Disposed |
| Calcutta High Court | Court case (AP-COM) | Filed against the company | Pending |
To see the full case history of East India Securities 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 East India Securities Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
East India Securities has 1 subsidiary 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 |
|---|---|---|
| East India Ifsc Private Limited | U67100GJ2022PTC130984 |
To see the full group structure of East India Securities Ltd, buy the company report.
Employees & EPFO
East India Securities Ltd has a workforce of 2 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
East India Securities has 7 GST registrations: 4 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCE2412N1ZN | West Bengal | Active | 01 Jul 2017 |
| 27AABCE2412N2ZP | Maharashtra | Active | 29 Jun 2017 |
| 24AABCE2412N1ZW | Gujarat | Active | 01 Sep 2017 |
| 08AABCE2412N1ZQ | Rajasthan | Active | 07 Sep 2017 |
To see the full GST registrations and return filing status of East India Securities Ltd, buy the company report.
Recent activity
East India Securities Ltd has 7 board changes on record since 2018: 6 appointments and 1 cessation. The latest: Pradip Kumar was appointed as Director on 09 Aug 2018.
11 earlier events are in the company report.
Frequently asked questions
East India Securities is an active public 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 08 June 1995 (31+ years old) and is registered under CIN U67120WB1995PLC072026.
East India Securities has 5 current directors:
- Sanjay Kumar Shroff - Managing Director
- Tapas Kumar Maity - Whole-Time Director
- Pradip Kumar - Director
- Vivek Agarwal - Director
- Kirti Kothari - Director
The latest financial statements of East India Securities on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of East India Securities is 19AABCE2412N1ZN, registered in West Bengal. The company has 7 GST registrations in all, of which 4 are active and 3 are cancelled or inactive. Other active GSTINs include 27AABCE2412N2ZP (Maharashtra), 24AABCE2412N1ZW (Gujarat), 08AABCE2412N1ZQ (Rajasthan).
The CIN (Corporate Identification Number) of East India Securities is U67120WB1995PLC072026. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
East India Securities has 18 court cases on record: 8 filed by the company and 10 filed against it. 4 are pending. Most are in the district courts.
East India Securities was incorporated on 08 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kolkata.
East India Securities has 4 deals on record (3 market trades, 1 ipo); the latest was in March 2018.
The peers of East India Securities by revenue are Kotak Commodity Services Private Limited, Phillipcapital (India) Private Limited, Ubs Securities India Private Limited, Aditya Birla Money Limited, Investec Capital Services (India) Private Limited and 1 more, all in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Pradip Kumar was appointed as Director on 09 Aug 2018. Adrish Ray ceased to be Director on 15 May 2018. Kirti Kothari was appointed as Director on 20 Feb 2018. East India Securities has 7 board changes on record in total.
East India Securities can be reached through the website eisec.com. Its registered office is in Kolkata, West Bengal, India.
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