Garnet Securities Private Limited
About Garnet Securities Private Limited
Data last updated:
Garnet Securities Private Limited was a private limited company based in Kochi, Kerala, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the consultancy services segment of the financial services sector. It was incorporated on 10 May 2010.
The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U67120KL2010PTC025981.
The company had an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12 Lakh. It was led by directors Chelakkat Gopalan Thampi (Managing Director) and Jemini Mohan.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 39/2239 Ground Floor Al – Manar Complex M.G. Road, Kochi, Kerala, India – 682016.
As per the financials filed for FY 2018, the company reported a revenue of ₹78,591, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹1.45 Lakh (net margin -185%) and EBITDA of -₹1.1 Lakh (EBITDA margin -140.1%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years.
Company details
Contact details
Garnet Securities Private Limited's registered office is in Kochi, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address39/2239 Ground Floor Al – Manar Complex M.G. Road, Kochi, Kerala, India – 682016
- IndustryFinancial Services, Consultancy, Financial Brokerage, Advisory
To see the full contact details of Garnet 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
Business activity
The main business activity of Garnet 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 Garnet Securities Private Limited, buy the company report.
Financials of Garnet Securities Private Limited
FY 2018 filings availableGarnet Securities Private Limited reported revenue of ₹78,591 (down 90% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 51% over three years, including a 90% fall in the latest year. EBITDA fell 371% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹1.1 Lakh | |||
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| Net Profit (PAT) | -₹1.45 Lakh | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | -140.1% | |||
| Net Profit Margin | -185% | |||
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To see the full financial statements and ratios of Garnet Securities Private Limited, buy the company report.
Board of directors of Garnet Securities Private Limited
Garnet Securities has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chelakkat Gopalan Thampi | Managing Director | 10 May 2010 | 16 Years 5 Months | As last reported |
| Jemini Mohan | Additional Director | 19 Jun 2019 | 7 Years 4 Months | As last reported |
Peer comparison
Garnet Securities Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Merger & Acquisition Private Limited | ₹79,110 (FY 2021) | -93.0% | Kolkata, West Bengal, India | |||
| Monetizer Advisory Private Limited | ₹79,016 (FY 2021) | Kolkata, West Bengal, India | ||||
| Ayc Analytics Private Limited | ₹78,878 (FY 2025) | 194.0% | Mumbai, Maharashtra, India | |||
| Casv Business Solutions Private Limited | ₹78,866 (FY 2024) | 3.0% | Aligarh, Uttar Pradesh, India | |||
| Copper Bottomed Financiero Consultants Private Limited | ₹78,696 (FY 2022) | 90.0% | New Delhi, Delhi, India | |||
| Garnet Securities Private Limitedthis company | ₹78,591 (FY 2018) | -₹1.45 Lakh | -185% | -90.0% | Kochi, Kerala, India | |
| PVVP Quasar Tours and Travels Private Limited | ₹78,413 (FY 2016) | -28.0% | Thrissur, Kerala, India | |||
| MSJ Trades Impex Limited | ₹78,262 (FY 2025) | 213.0% | Chennai, Tamil Nadu, India | |||
| Kalyan Finvest Consultancy Private Limited | ₹78,200 (FY 2017) | Pune, Maharashtra, India | ||||
| Kharibari Trading Private Limited | ₹77,963 (FY 2023) | Kolkata, West Bengal, India | ||||
| Pluto Financial Services Private Limited | ₹77,934 (FY 2018) | -34.0% | New Delhi, Delhi, India |
To see the full peer comparison of Garnet Securities Private Limited, buy the company report.
Auditor
Garnet Securities Private Limited is audited by KARICODE VARIAMKRISHNA VARIARRAMACHANDRAN for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KARICODE VARIAMKRISHNA VARIARRAMACHANDRAN | FY 2016 | 021175 |
Shareholding
The shareholding of Garnet Securities Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Garnet Securities Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Garnet Securities 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 Garnet Securities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Garnet Securities Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Garnet Securities Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Amar Gopi ceased to be Director on 20 Jun 2019.
Frequently asked questions
Garnet Securities has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Garnet Securities was a private limited company based in Kochi, Kerala, India. The company worked in consultancy, within the financial services industry. It was incorporated on 10 May 2010 and is registered under CIN U67120KL2010PTC025981. The company has been struck off by the Registrar of Companies and is no longer operational.
Garnet Securities had 2 directors:
- Chelakkat Gopalan Thampi - Managing Director
- Jemini Mohan - Additional Director
The CIN (Corporate Identification Number) of Garnet Securities is U67120KL2010PTC025981. 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 Garnet Securities is at 392239 Ground Floor Al – Manar Complex M.G. Road, Kochi, Kerala, India – 682016.
Garnet Securities was incorporated on 10 May 2010. It is registered with the Registrar of Companies, Ernakulam.
The latest financial statements of Garnet Securities on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
Garnet Securities operated in the financial services industry, in the consultancy segment. It worked in this industry before it was struck off.
The peers of Garnet Securities by revenue are Merger & Acquisition Private Limited, Monetizer Advisory Private Limited, Ayc Analytics Private Limited, Casv Business Solutions Private Limited, Copper Bottomed Financiero Consultants Private Limited and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).
Amar Gopi ceased to be Director on 20 Jun 2019. Pappali Yohannan Shajimon ceased to be Director on 20 Jun 2019. Sindhu Ramachandran ceased to be Director on 20 Jun 2019. Garnet Securities has 8 board changes on record in total.
The compliance status of Garnet Securities is compliant as of 16 September 2026.