About Finquest Securities Private Limited
Data last updated:
Finquest 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 04 December 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1997PTC112236. Its GSTIN is 27AABCB7028F1ZW (Maharashtra).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹4.3 Cr. It is led by directors including Nimish Pravinchandra Desai and Minal Bharat Patel.
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 602 – Boston House Suren Road Next To Cine Max Andheri (E), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹227.6 Cr, a growth of 76% compared to the previous year. For the same year it recorded a net profit of ₹105.64 Cr (net margin 46.4%) and EBITDA of ₹164.04 Cr (EBITDA margin 72.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 11% over five years.
The company has about 19 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹240 Cr and satisfied charges of ₹240 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹7.5 Cr; the latest was in November 2022. Its 10 peer companies in the BFSI industry (Broking Services) are compared by revenue, 5 larger and 5 smaller; the largest is Abans Securities Private Limited with revenue of ₹237.58 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 finquestgroup.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address602 – Boston House Suren Road Next To Cine Max Andheri (E), Mumbai, Maharashtra, India – 400093
- 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 Finquest Securities Private Limited
The main business activity of Finquest Securities is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | 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 Finquest Securities Private Limited FY 2025 filings available
Finquest Securities Private Limited reported revenue of ₹227.6 Cr (up 76% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Finquest Securities Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 76% growth in the latest year. EBITDA rose 71% 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 Finquest 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 | ₹164.04 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹105.64 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 Finquest Securities Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 72.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 46.4% | •••• | •••• | •••• | •••• |
| 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 Finquest 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.
Board of Directors of Finquest Securities Private Limited
Finquest Securities has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nimish Pravinchandra Desai | Director | 22 Aug 2005 | 21 Years 1 Months | Current |
| Minal Bharat Patel Also directs: Finquest Personal Care Private Limited, Finquest Commodities Private Limited, Gracious Properties Private Limited and 5 more | Director | 15 Feb 2001 | 25 Years 8 Months | Current |
| Hardik Bharat Patel | Director | 15 Feb 2001 | 25 Years 8 Months | Current |
| Ruchit Bharat Patel Also directs: Digjam Limited, RNT Garments Private Limited, Genesis Resorts Private Limited and 5 more | Director | 18 Jul 2022 | 4 Years 3 Months | Current |
Peer Comparison of Finquest Securities Private Limited
Finquest 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 |
|---|---|---|---|---|---|---|
| Abans Securities Private Limited | ₹237.58 Cr (FY 2025) | •••• | •••• | 858.0% | •••• | Mumbai, Maharashtra, India |
| JMKD Broking Private Limited | ₹237.57 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Vadodara, Gujarat, India |
| Black Hawk Properties Private Limited | ₹236.31 Cr (FY 2025) | •••• | •••• | 114.0% | •••• | Mumbai, Maharashtra, India |
| Uwr Realty Private Limited | ₹234.07 Cr (FY 2016) | •••• | •••• | -40.0% | •••• | Ahmedabad, Gujarat, India |
| C R Commtrade Private Limited | ₹230.28 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Bikaner, Rajasthan, India |
| Finquest Securities Private Limited this company | ₹227.6 Cr (FY 2025) | •••• | •••• | 76.0% | •••• | Mumbai, Maharashtra, India |
| Jaypee Capital Limited | ₹227.24 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| Vizza Insurance Broking Services Private Limited | ₹224.73 Cr (FY 2025) | •••• | •••• | 108.0% | •••• | Chennai, Tamil Nadu, India |
| Comfort Capital Private Limited | ₹224.13 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Centillion Capital Private Limited | ₹223.15 Cr (FY 2025) | •••• | •••• | -46.0% | •••• | Delhi, India |
| Royal India Corporation Limited Listed | ₹222.73 Cr (FY 2025) | •••• | •••• | 720.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Finquest 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 Finquest Securities Private Limited
Finquest Securities Private Limited is audited by R.C JAIN & ASSOCIATES LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R.C JAIN & ASSOCIATES LLP | 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.
Ownership and Shareholding of Finquest 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 Finquest Securities Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Jun 2019 | Others | ₹40 Cr | Satisfied |
| 01 Mar 2019 | Others | ₹70 Cr | Satisfied |
| 28 Oct 2015 | Others | ₹130 Cr | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Finquest Securities Private Limited
Finquest Securities Private Limited has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹7.5 Cr; the latest was in November 2022.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2006 | Funding round | ₹7.5 Cr | Investors: 3 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Finquest Securities Private Limited
Finquest Securities Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Appeal | Filed against the company by Sebi | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Finquest Securities Private Limited
Finquest Securities Private Limited has a workforce of 19 employees as of Apr 09, 2024.
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.
Group Structure of Finquest Securities Private Limited
Finquest Securities has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Finquest Commodities Private Limited | U51101MH2005PTC156015 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Finquest Securities Private Limited
Finquest Securities Private Limited has 7 board changes on record since 2001: 4 appointments and 3 cessations. The latest: Ruchit Bharat Patel ceased to be Additional Director on 30 Sep 2022.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Finquest 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 Finquest 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 Finquest 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 Finquest Securities Private Limited
Finquest Securities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCB7028F1ZW | 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 Finquest 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.
Related news about Finquest Securities Private Limited
Frequently Asked Questions about Finquest Securities Private Limited
Finquest 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 04 December 1997 (29+ years old) and is registered under CIN U67120MH1997PTC112236.
Finquest Securities reported revenue of ₹227.6 Cr for FY 2025 (up 76% YoY).
Finquest Securities has 4 current directors:
- Nimish Pravinchandra Desai - Director
- Minal Bharat Patel - Director
- Hardik Bharat Patel - Director
- Ruchit Bharat Patel - Director
Finquest Securities reported a net profit of ₹105.64 Cr (net margin 46.4%) and EBITDA of ₹164.04 Cr (EBITDA margin 72.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Finquest Securities is 2% over three years and 11% over five years. In the latest year (FY 2025) revenue rose 76%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Finquest Securities is 27AABCB7028F1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Finquest Securities is U67120MH1997PTC112236. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finquest Securities has 1 court case on record: 1 filed against it.
Finquest Securities was incorporated on 04 December 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Finquest Securities has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹7.5 Cr; the latest was in November 2022.
The peers of Finquest Securities by revenue are Abans Securities Private Limited, JMKD Broking Private Limited, Black Hawk Properties Private Limited, Uwr Realty Private Limited, C R Commtrade Private Limited and 5 more, all in the BFSI industry (Broking Services).