About Equirus Securities Private Limited
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Equirus Securities Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Equirus Capital Private Limited. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 20 November 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65993MH2007PTC176044. Its GSTIN is 27AABCE9070E1ZP (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1.95 Cr and a paid-up capital of ₹1.4 Cr. It is led by directors including Vishad Harshad Turakhia (Whole-Time Director) and Tejas Bhupendra Shah.
Its last annual general meeting (AGM) was held on 16 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at A – 2102 B 21st Floor A Wing Marathon Futurex N.M.Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2026, the company reported a revenue of ₹155.1 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹34.06 Cr (net margin 22%) and EBITDA of ₹57.91 Cr (EBITDA margin 37.3%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 39% over five years.
The company has about 98 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Equirus Capital. As per MCA filings, the company has open charges of ₹1,175 Cr and satisfied charges of ₹17.16 Cr on record. Court records list 4 cases involving the company, including 4 filed against it. The company has 14 deals on record (8 secondary share transfers, 5 funding rounds, 1 acquisition), with disclosed funding of ₹25.11 Cr; the latest was in June 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website equirussecurities.com.
Company details
Contact details
Equirus Securities Private Limited's registered office is in Mumbai, Maharashtra. Its website is equirussecurities.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 2102 B 21st Floor A Wing Marathon Futurex N.M.Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Equirus Securities Private Limited, 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
Equirus Securities operates one associated brand: Equirus Capital. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Corporate financial advisory services are provided to middle-market companies. | equirus.com |
Business activity
The main business activity of Equirus Securities is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Equirus Securities Private Limited, buy the company report.
Financials of Equirus Securities Private Limited
FY 2026 filings availableEquirus Securities Private Limited reported revenue of ₹155.1 Cr (down 4% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 39%. EBITDA fell 10% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹155.1 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹57.91 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹34.06 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 37.3% | ||||
| Net Profit Margin | 22% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Equirus Securities Private Limited, buy the company report.
Board of directors of Equirus Securities Private Limited
Equirus Securities has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishad Harshad Turakhia Also directs: Sapphire Formaldehyde Private Limited | Whole-Time Director | 27 Jan 2015 | 11 Years 9 Months | Current |
| Tejas Bhupendra Shah | Director | 05 Dec 2025 | 0 Years 11 Months | Current |
| Ritesh Rashmikant Shah | Director | 05 Dec 2025 | 0 Years 11 Months | Current |
Auditor
Equirus Securities Private Limited is audited by N. A. SHAH ASSOCIATES LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. A. SHAH ASSOCIATES LLP | FY 2026 | 116560W/W100149 |
Shareholding
The shareholding of Equirus Securities Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Equirus Securities Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jun 2026 | 101342177 | Others | ₹130 Cr | Open | |
| 20 Nov 2025 | 101202952 | Others | ₹60 Cr | Open | |
| 24 Sep 2024 | 100983618 | Others | ₹50 Cr | Open | |
| 15 Nov 2022 | 100649673 | Others | ₹30 Cr | Open | |
| 03 Jun 2022 | 100586472 | Others | ₹505 Cr | Open |
To see the full charge records of Equirus Securities Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Equirus Securities Private Limited has 14 deals on record (8 secondary share transfers, 5 funding rounds, 1 acquisition), with disclosed funding of ₹25.11 Cr; the latest was in June 2019.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2019 | Secondary share transfer | Undisclosed | Seller: Equirus Capital Limited |
| May 2019 | Secondary share transfer | Undisclosed | Seller: Equirus Capital Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Seller: Equirus Private Limited |
| Dec 2011 | Secondary share transfer | Undisclosed | Seller: Equirus Private Limited |
| Sep 2011 | Secondary share transfer | Undisclosed | Seller: Equirus Private Limited |
To see the full deal history of Equirus Securities 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
Equirus Securities Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CR-EN) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR-EN) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by The State of Gujarat | Disposed |
To see the full case history of Equirus Securities Private Limited, 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 Equirus Securities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Equirus Securities Private Limited has a workforce of 98 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 98 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Equirus Securities Private Limited, buy the company report.
GST
Equirus Securities has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE9070E1ZP | Maharashtra | Active | 01 Jul 2017 |
| 27AABCE9070E3ZN | Maharashtra | Active | 26 Mar 2025 |
| 24AABCE9070E1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Equirus Securities Private Limited, buy the company report.
Recent activity
Equirus Securities Private Limited has 37 board changes on record since 2007: 20 appointments and 17 cessations. The latest: Ashutosh Tiwari ceased to be Director on 07 Jan 2026.
44 earlier events are in the company report.
News
Frequently asked questions
Equirus 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 20 November 2007 (19+ years old) and is registered under CIN U65993MH2007PTC176044.
Equirus Securities has 3 current directors:
- Vishad Harshad Turakhia - Whole-Time Director
- Tejas Bhupendra Shah - Director
- Ritesh Rashmikant Shah - Director
The latest financial statements of Equirus Securities on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 16 June 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Equirus Securities is 27AABCE9070E1ZP, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AABCE9070E3ZN (Maharashtra), 24AABCE9070E1ZV (Gujarat).
The CIN (Corporate Identification Number) of Equirus Securities is U65993MH2007PTC176044. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Equirus Securities has 4 court cases on record: 4 filed against it.
Equirus Securities was incorporated on 20 November 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Equirus Securities has 14 deals on record (8 secondary share transfers, 5 funding rounds, 1 acquisition), with disclosed funding of ₹25.11 Cr; the latest was in June 2019.
Ashutosh Tiwari ceased to be Director on 07 Jan 2026. Vikram Yeshawant Patil ceased to be Director on 07 Jan 2026. Vinay Pai ceased to be Director on 07 Jan 2026. Equirus Securities has 37 board changes on record in total.
Equirus Securities can be reached through the website equirussecurities.com. Its registered office is in Mumbai, Maharashtra, India.
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