Florence Securities Private Limited
About Florence Securities Private Limited
Data last updated:
Florence Securities Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 17 March 2008.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH2008PTC180196.
The company had an authorised share capital of ₹4.6 Cr and a paid-up capital of ₹1 Lakh. It was led by directors Mohd Latif Khan Ummed Ali and Prem Bhogendra Thakur.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Sh.4 Raj Tarang G/1 Shiv Vallabh Cross Dahisar (East), Mumbai, Maharashtra, India – 400068.
As per the financials filed for FY 2023, the company reported a revenue of ₹28.41 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹14.01 Cr (net margin 49.3%) and EBITDA of ₹14.05 Cr (EBITDA margin 49.5%). Revenue has declined at a compounded annual rate (CAGR) of 270% over three years and 37% over five years.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
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- Registered AddressSh.4 Raj Tarang G/1 Shiv Vallabh Cross Dahisar (East), Mumbai, Maharashtra, India – 400068
- IndustryFinancial Services, Diversified Financial 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 Florence Securities Private Limited
The main business activity of Florence Securities is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | 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 Florence Securities Private Limited FY 2023 filings available
Florence Securities Private Limited reported revenue of ₹28.41 Cr (up 17310% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Florence Securities Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years. 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 Florence Securities Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹14.05 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹14.01 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 Florence Securities Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 49.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 49.3% | •••• | •••• | •••• | •••• |
| 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 Florence 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 Florence Securities Private Limited
Florence Securities has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohd Latif Khan Ummed Ali Also directs: Koffee Break Pictures Limited, Badnoobs Technology Private Limited | Director | 04 Jul 2018 | 8 Years 3 Months | As last reported |
| Prem Bhogendra Thakur Also directs: Kartavya Financial Advisory Services Private Limited | Director | 22 Feb 2023 | 3 Years 7 Months | As last reported |
Peer Comparison of Florence Securities Private Limited
Florence Securities Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial 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 |
|---|---|---|---|---|---|---|
| Abhishek Business Consolidations Private Limited | ₹28.85 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Delhi, India |
| Oxy Ventures Private Limited | ₹28.72 Cr (FY 2025) | •••• | •••• | 81.0% | •••• | Delhi, India |
| Toyam Sports Limited Listed | ₹28.7 Cr (FY 2024) | •••• | •••• | 743.0% | •••• | Mumbai, Maharashtra, India |
| Stock Book LLP | ₹28.62 Cr (FY 2021) | •••• | •••• | 672.0% | •••• | Ahmedabad, Gujarat, India |
| Shri Bajrangbali Ashok Construction Private Limited | ₹28.41 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Ghatsila, Jharkhand, India |
| Florence Securities Private Limited this company | ₹28.41 Cr (FY 2023) | •••• | •••• | 17310.0% | •••• | Mumbai, Maharashtra, India |
| Canbank Financial Services Limited | ₹28.38 Cr (FY 2025) | •••• | •••• | 299.0% | •••• | Karnataka, India |
| 3E Advisors Private Limited | ₹28.36 Cr (FY 2024) | •••• | •••• | 107.0% | •••• | Noida, Uttar Pradesh, India |
| Shrem Infra Investment Manager Private Limited | ₹28.14 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Mumbai, Maharashtra, India |
| Kerala State Development Corpn for Scheduled Castes and S | ₹28.14 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Kerala, India |
| Gayatri Footwears Private Limited | ₹28.07 Cr (FY 2021) | •••• | •••• | -30.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Florence Securities by revenue in the BFSI industry (Other Financial 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 Florence Securities Private Limited
Florence Securities Private Limited is audited by M R H & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M R H & 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.
Ownership and Shareholding of Florence 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 Florence Securities Private Limited
Florence Securities Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Florence Securities Private Limited
Florence Securities Private Limited has 1 court case on record: 1 filed by Florence Securities. All case is pending. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed by the company against an individual | Pending |
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 Florence Securities Private Limited
Employment history and EPFO contributions of people linked to Florence 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 Florence Securities Private Limited
Florence Securities Private Limited has 12 board changes on record since 2009: 2 appointments and 10 cessations. The latest: Prem Bhogendra Thakur ceased to be Additional Director on 29 Sep 2023.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Florence 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 Florence 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 Florence 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 Florence Securities Private Limited
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 Florence 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 Florence Securities Private Limited
Florence Securities has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Florence Securities was a private limited company based in Mumbai, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 17 March 2008 and is registered under CIN U65990MH2008PTC180196. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Florence Securities was incorporated on 17 March 2008. It is registered with the Registrar of Companies, Mumbai.
Florence Securities had 2 directors:
- Mohd Latif Khan Ummed Ali - Director
- Prem Bhogendra Thakur - Director
The CIN (Corporate Identification Number) of Florence Securities is U65990MH2008PTC180196. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Florence Securities is at Sh.4 Raj Tarang G1 Shiv Vallabh Cross Dahisar East, Mumbai, Maharashtra, India – 400068.
Florence Securities reported revenue of ₹28.41 Cr for FY 2023 (up 17310% YoY).
Florence Securities has an authorised share capital of ₹4.6 Cr and a paid-up capital of ₹1 Lakh.
Florence Securities reported a net profit of ₹14.01 Cr (net margin 49.3%) and EBITDA of ₹14.05 Cr (EBITDA margin 49.5%) for FY 2023, as per its filed financial statements.
Florence Securities operated in the financial services industry, in the diversified financial services segment.
The compounded annual growth rate (CAGR) of the revenue of Florence Securities is 270% over three years and -37% over five years. CAGR is the steady yearly rate that links the first and the last year.