MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0002085
Elara Securities (India) Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹154.52 Cr
▲ 34% YoY
Net profit · FY 2025
₹22.32 Cr
Net margin 14.4%
EBITDA · FY 2025
₹39.17 Cr
EBITDA margin 25.4%
Authorised capital
₹58 Cr
Registered with MCA
Paid-up capital
₹51.42 Cr
Issued & subscribed
Open charges
₹100 Cr
Satisfied ₹600 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
128
Provident fund records
About Elara Securities (India) Private Limited
Data last updated:
Elara Securities (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Elara Capital (India) Private Limited. It operates in the financial product distributors segment of the financial services sector. It was incorporated on 12 July 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74992MH2007PTC172297. Its GSTIN is 27AABCE7968D1ZG (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹58 Cr and a paid-up capital of ₹51.42 Cr. It is led by directors including Harendra Kumar Nishankar (Managing Director) and Kamal Kishore Sati (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 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 ₹154.52 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹22.32 Cr (net margin 14.4%) and EBITDA of ₹39.17 Cr (EBITDA margin 25.4%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 34% over five years.
The company has about 128 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹100 Cr and satisfied charges of ₹600 Cr on record. The company has 7 deals on record (4 funding rounds, 3 rights issues), with disclosed funding of ₹26.79 Cr; the latest was in March 2019. Its 4 peer companies in the BFSI industry (Broking Services, Financial Instrument Distributors), with the same principal business activity (financial advisory, brokerage and consultancy services) are compared by revenue, 2 larger and 2 smaller; the largest is Credit Suisse Securities (India) Private Limited with revenue of ₹156 Cr.
Elara Securities (India) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0002085). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elaracapital.com.
Company details
CIN U74992MH2007PTC172297
Registration Number 172297
Incorporation Date 12 July 2007
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Elara Capital (India) Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0002085
Key People
Harendra Kumar Nishankar Managing Director Kamal Kishore Sati Whole-Time Director Anand Arunkumar Rao Whole-Time Director Recognitions & Rankings of Elara Securities (India)
Contact details
Elara Securities (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is elaracapital.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressOne International Center Tower 3 21st Floor Senapati Bapat Marg Elphinstone, Road West, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Financial Product Distributors, Brokerage & Trading Services
To see the full contact details of Elara Securities (India) Private Limited, buy the company report.
Comprehensive company report
Elara Securities (India) Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Elara Securities (India) 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 Elara Securities (India) Private Limited, buy the company report.
Financials of Elara Securities (India) Private Limited
FY 2025 filings availableElara Securities (India) Private Limited reported revenue of ₹154.52 Cr (up 34% YoY) for FY 2025.
Revenue · FY 2025
₹154.52 Cr ▲ 34%
Net profit · FY 2025
₹22.32 Cr margin 14.4%
EBITDA · FY 2025
₹39.17 Cr margin 25.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 15%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▲ 52%
3 years · compounded
▼ 4%
5 years · compounded
▲ 75%
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 34% growth in the latest year. EBITDA rose 52% 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 | ₹39.17 Cr | ||||
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| Net Profit (PAT) | ₹22.32 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 25.4% | ||||
| Net Profit Margin | 14.4% | ||||
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To see the full financial statements and ratios of Elara Securities (India) Private Limited, buy the company report.
Board of directors of Elara Securities (India) Private Limited
Elara Securities (India) has 7 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamal Kishore Sati | Whole-Time Director | 26 Jul 2013 | 13 Years 2 Months | Current |
| Harendra Kumar Nishankar | Managing Director | 11 Apr 2011 | 15 Years 6 Months | Current |
| Rakesh Puri | Director | 12 Jul 2007 | 19 Years 3 Months | Current |
| Rajendra Bhatt | Director | 14 Jul 2007 | 19 Years 3 Months | Current |
| Ajaykumar Amarnath Pandey | Director | 14 Jul 2007 | 19 Years 3 Months | Current |
| Savio Paul Gerald Dsouza | Director | 16 Oct 2023 | 3 Years 0 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Elara Securities (India) Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Broking Services, Financial Instrument Distributors), 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 |
|---|---|---|---|---|---|---|
| Credit Suisse Securities (India) Private Limited | ₹156 Cr (FY 2025) | 109.0% | Mumbai, Maharashtra, India | |||
| Eureka Stock & Share Broking Services Limited | ₹155.49 Cr (FY 2025) | 1.0% | Kolkata, West Bengal, India | |||
| Elara Securities (India) Private Limitedthis company | ₹154.52 Cr (FY 2025) | ₹22.32 Cr | 14.4% | 34.0% | 128 | Mumbai, Maharashtra, India |
| Four Dimensions Securities (India) Limited | ₹153.9 Cr (FY 2021) | -39.0% | Mumbai, Maharashtra, India | |||
| Sushil Financial Services Private Limited | ₹153.16 Cr (FY 2025) | 14.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Elara Securities (India) Private Limited, buy the company report.
Auditor
Elara Securities (India) Private Limited is audited by WALKER CHANDIOK & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| WALKER CHANDIOK & CO LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of Elara Securities (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Elara Securities (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹100 Cr
Satisfied charges
₹600 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jan 2026 | 101224350 | Others | ₹50 Cr | Open | |
| 11 Dec 2025 | 101209171 | Others | ₹50 Cr | Open | |
| 12 Jul 2022 | 100600787 | Others | ₹300 Cr | Satisfied | |
| 03 Nov 2021 | 100494695 | Others | ₹300 Cr | Satisfied |
To see the full charge records of Elara Securities (India) Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Elara Securities (India) Private Limited has 7 deals on record (4 funding rounds, 3 rights issues), with disclosed funding of ₹26.79 Cr; the latest was in March 2019.
Total deals
7
Funding rounds
4
Rights issues
3
Disclosed funding
₹26.79 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Rights issue | ₹8 Cr | Investors: Elara Capital (India) Private Limited |
| Jul 2017 | Rights issue | ₹10.53 Cr | Investors: Elara Capital (India) Private Limited |
| Mar 2015 | Rights issue | ₹6.1 Cr | Investors: Elara Capital (India) Private Limited |
| Mar 2013 | Funding round | ₹2.5 Cr | Investors: Elara Capital (India) Private Limited |
| Mar 2011 | Funding round | ₹7.3 Cr | Investors: Elara Capital (India) Private Limited |
To see the full deal history of Elara Securities (India) Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Elara Securities (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Elara Securities (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elara Securities (India) Private Limited has a workforce of 128 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
128
Active EPFO establishments
1
Employee growth
9.4%
GST
Elara Securities (India) has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE7968D1ZG | Maharashtra | Active | 01 Jul 2017 |
| 24AABCE7968D1ZM | Gujarat | Active | 24 Jul 2017 |
To see the full GST registrations and return filing status of Elara Securities (India) Private Limited, buy the company report.
Recent activity
Elara Securities (India) Private Limited has 17 board changes on record since 2007: 12 appointments and 5 cessations. The latest: Anand Arunkumar Rao was appointed as Whole-Time Director on 26 Sep 2024.
Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101224350 was registered on 21 Jan 2026.
Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101209171 was registered on 11 Dec 2025.
AGM
Elara Securities (India) Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Filing
Elara Securities (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Anand Arunkumar Rao was appointed as Whole-Time Director.
Appointed
Savio Paul Gerald Dsouza was appointed as Director.
Charges
A charge registered on 12 Jul 2022 via Charge ID 100600787 with Others was fully satisfied on 14 Dec 2022.
Charges
A charge registered on 03 Nov 2021 via Charge ID 100494695 with Others was fully satisfied on 21 Nov 2022.
Charges
A charge with Others amounted to Rs. 300.00 Cr with Charge ID 100600787 was registered on 12 Jul 2022.
Charges
A charge with Others amounted to Rs. 300.00 Cr with Charge ID 100494695 was registered on 03 Nov 2021.
Ceased
Ravi Sundar Muthukrishnan ceased to be Whole-Time Director.
Appointed
Ravi Sundar Muthukrishnan was appointed as Whole-Time Director.
14 earlier events are in the company report.
News
Frequently asked questions
Elara Securities (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in financial product distributors, within the financial services industry. It was incorporated on 12 July 2007 (19+ years old) and is registered under CIN U74992MH2007PTC172297.
Elara Securities (India) has 7 current directors:
- Harendra Kumar Nishankar - Managing Director
- Kamal Kishore Sati - Whole-Time Director
- Anand Arunkumar Rao - Whole-Time Director
- Rakesh Puri - Director
- Rajendra Bhatt - Director
- Ajaykumar Amarnath Pandey - Director
- Savio Paul Gerald Dsouza - Director
The latest financial statements of Elara Securities (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Elara Securities (India) is 27AABCE7968D1ZG, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AABCE7968D1ZM (Gujarat).
The CIN (Corporate Identification Number) of Elara Securities (India) is U74992MH2007PTC172297. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elara Securities (India) was incorporated on 12 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Elara Securities (India) has 7 deals on record (4 funding rounds, 3 rights issues), with disclosed funding of ₹26.79 Cr; the latest was in March 2019.
The peers of Elara Securities (India) by revenue are Credit Suisse Securities (India) Private Limited, Eureka Stock & Share Broking Services Limited, Four Dimensions Securities (India) Limited, Sushil Financial Services Private Limited, all in the BFSI industry (Broking Services, Financial Instrument Distributors), with the same principal business activity (financial advisory, brokerage and consultancy services).
Anand Arunkumar Rao was appointed as Whole-Time Director on 26 Sep 2024. Savio Paul Gerald Dsouza was appointed as Director on 16 Oct 2023. Ravi Sundar Muthukrishnan ceased to be Whole-Time Director on 31 Mar 2021. Elara Securities (India) has 17 board changes on record in total.
Yes, Elara Securities (India) is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0002085).
Elara Securities (India) can be reached through the website elaracapital.com. Its registered office is in Mumbai, Maharashtra, India.