Harman Securities Private Limited
About Harman Securities Private Limited
Data last updated:
Harman Securities Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 24 May 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65100DL1995PTC068980.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.9 Cr. It is led by directors Ajay Vats and Ankit Vats.
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 Upper Ground Floor H. No. 39 Punjabi Mohalla Village Zamrudpur, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.31 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹2.47 Lakh (net margin 10.2%) and EBITDA of ₹9.41 Lakh (EBITDA margin 38.7%). Revenue has grown at a compounded annual rate (CAGR) of 425% over three years and 46% over five years.
The company has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹60 Lakh; the latest was in November 2018. Its 10 peer companies in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC) are compared by revenue, 5 larger and 5 smaller; the largest is Karnimata Commerce Private Limited with revenue of ₹24.44 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies.
CIN History of Harman Securities Private Limited
Harman Securities has one previous CIN (Corporate Identification Number): U74899DL1995PTC068980. The current CIN is U65100DL1995PTC068980, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65100DL1995PTC068980 | Current |
| U74899DL1995PTC068980 | Previous |
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- WebsiteLocked
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- Registered AddressUpper Ground Floor H. No. 39 Punjabi Mohalla Village Zamrudpur, New Delhi, Delhi, India – 110048
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
- 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 Harman Securities Private Limited
The main business activity of Harman Securities is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing 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 Harman Securities Private Limited FY 2025 filings available
Harman Securities Private Limited reported revenue of ₹24.31 Lakh (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Harman Securities Private Limited
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 46%. EBITDA fell 32% 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 Harman 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 | ₹9.41 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.47 Lakh | •••• | •••• | •••• | •••• |
| 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 Harman Securities Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 38.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.2% | •••• | •••• | •••• | •••• |
| 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 Harman 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 Harman Securities Private Limited
Harman Securities has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Vats | Director | 29 Mar 2010 | 16 Years 6 Months | Current |
| Ankit Vats | Director | 21 May 2013 | 13 Years 5 Months | Current |
Peer Comparison of Harman Securities Private Limited
Harman Securities Private Limited is compared with the companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Karnimata Commerce Private Limited | ₹24.44 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | Kolkata, West Bengal, India |
| Nirnaya Hire Purchase and Leasing Private Limited | ₹24.4 Lakh (FY 2024) | •••• | •••• | 30.0% | •••• | Kottayam, Kerala, India |
| Janesh Commercial and Credit Pvt Ltd | ₹24.37 Lakh (FY 2025) | •••• | •••• | 27.0% | •••• | Kolkata, West Bengal, India |
| Aries Portfolios Private Limited | ₹24.35 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| Vivek Motor Finance Limited | ₹24.33 Lakh (FY 2022) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| Harman Securities Private Limited this company | ₹24.31 Lakh (FY 2025) | •••• | •••• | -8.0% | •••• | New Delhi, Delhi, India |
| Kalatmak Vinimay Pvt Ltd | ₹24.3 Lakh (FY 2025) | •••• | •••• | 10.0% | •••• | Kolkata, West Bengal, India |
| Indian Base Metals Co Ltd | ₹24.29 Lakh (FY 2019) | •••• | •••• | 49.0% | •••• | Kolkata, West Bengal, India |
| Godavari Leasing and Finance Ltd | ₹24.28 Lakh (FY 2024) | •••• | •••• | -4.0% | •••• | Kolkata, West Bengal, India |
| Tower Investment & Trading Co Ltd | ₹24.25 Lakh (FY 2019) | •••• | •••• | -20.0% | •••• | Kolkata, West Bengal, India |
| P K Leasing & Finance Ltd | ₹24.24 Lakh (FY 2020) | •••• | •••• | 5.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Harman Securities by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), 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 Harman Securities Private Limited
Harman Securities Private Limited is audited by WADHWA & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| WADHWA & CO. | 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 Harman 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 Harman Securities Private Limited
Harman Securities Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Harman Securities Private Limited
Harman Securities Private Limited has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹60 Lakh; the latest was in November 2018.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Oct 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Jun 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Oct 2009 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Abm Capital Option Private Limited , 3 individuals |
Full deal history
All 8 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.
Employees and EPFO Compliance at Harman Securities Private Limited
Employment history and EPFO contributions of people linked to Harman 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 Harman Securities Private Limited
Harman Securities Private Limited has 10 board changes on record since 2002: 6 appointments and 4 cessations. The latest: Ankit Vats was appointed as Director on 21 May 2013.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Harman 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 Harman 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 Harman 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 Harman 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 Harman 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 Harman Securities Private Limited
Harman Securities is an active private limited company based in New Delhi, Delhi, India. The company works in nbfc, within the financial services industry. It was incorporated on 24 May 1995 (31+ years old) and is registered under CIN U65100DL1995PTC068980.
Harman Securities reported revenue of ₹24.31 Lakh for FY 2025 (down 8% YoY).
Harman Securities has 2 current directors:
- Ajay Vats - Director
- Ankit Vats - Director
Harman Securities reported a net profit of ₹2.47 Lakh (net margin 10.2%) and EBITDA of ₹9.41 Lakh (EBITDA margin 38.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Harman Securities is 425% over three years and 46% over five years. In the latest year (FY 2025) revenue fell 8%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Harman Securities is U65100DL1995PTC068980. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harman Securities was incorporated on 24 May 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.
Harman Securities has 8 deals on record (7 secondary share transfers, 1 funding round), with disclosed funding of ₹60 Lakh; the latest was in November 2018.
The peers of Harman Securities by revenue are Karnimata Commerce Private Limited, Nirnaya Hire Purchase and Leasing Private Limited, Janesh Commercial and Credit Pvt Ltd, Aries Portfolios Private Limited, Vivek Motor Finance Limited and 5 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC).
Ankit Vats was appointed as Director on 21 May 2013. Rajender Singh Malik ceased to be Director on 21 May 2013. Sanjay Jain ceased to be Director on 21 May 2013. Harman Securities has 10 board changes on record in total.
The registered office of Harman Securities is at Upper Ground Floor H. No. 39 Punjabi Mohalla Village Zamrudpur, New Delhi, Delhi, India – 110048.