Harshvardhan Securities Private Limited
About Harshvardhan Securities Private Limited
Data last updated:
Harshvardhan 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 09 May 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1988PTC047294.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Harshvardhan Manoj Wadhwa and Minal Manoj Wadhwa.
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 Happy Home 244 Water Field Road Bandra West, Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2025, the company reported a revenue of ₹87.3 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.16 Cr (net margin -1.3%) and EBITDA of -₹59.8 Lakh (EBITDA margin -0.7%).
The current compliance status is marked as compliant by the Registrar of Companies.
CIN History of Harshvardhan Securities Private Limited
Harshvardhan Securities has one previous CIN (Corporate Identification Number): U70100MH2004PTC047294. The current CIN is U70100MH1988PTC047294, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100MH1988PTC047294 | Current |
| U70100MH2004PTC047294 | Previous |
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- WebsiteLocked
- Social MediaLocked
- Registered AddressHappy Home 244 Water Field Road Bandra West, Mumbai, Maharashtra, India – 400050
- 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 Harshvardhan Securities Private Limited
The main business activity of Harshvardhan Securities is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding | 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 Harshvardhan Securities Private Limited FY 2025 filings available
Harshvardhan Securities Private Limited reported revenue of ₹87.3 Cr (up 313% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Harshvardhan Securities Private Limited
Revenue rose 313% in the latest year. EBITDA fell 198% 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 Harshvardhan 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 | -₹59.8 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.16 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 Harshvardhan Securities Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.3% | •••• | •••• | •••• | •••• |
| 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 Harshvardhan 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 Harshvardhan Securities Private Limited
Harshvardhan Securities has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshvardhan Manoj Wadhwa Also directs: House of Wadhwa LLP, Bombay Potteries and Tiles Limited, Bright Paints Private Limited and 5 more | Director | 19 Nov 2015 | 10 Years 11 Months | Current |
| Minal Manoj Wadhwa Also directs: Bombay Potteries and Tiles Limited, Bright Paints Private Limited, Nanita Engineers Private Limited and 5 more | Director | 03 Jul 2015 | 11 Years 3 Months | Current |
| Manoj Vasudev Wadhwa Also directs: House of Wadhwa LLP, Bombay Potteries and Tiles Limited, Bright Paints Private Limited and 5 more | Director | 22 Jul 1991 | 35 Years 2 Months | Current |
Peer Comparison of Harshvardhan Securities Private Limited
Harshvardhan 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 |
|---|---|---|---|---|---|---|
| Econo Broking Private Limited | ₹89.38 Cr (FY 2025) | •••• | •••• | 131.0% | •••• | Gift City Gandhinagar, Gujarat, India |
| Silver Stream Equities Private Limited | ₹89.12 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Gandhinagar, Gujarat, India |
| H J Securities Private Limited | ₹88.3 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Mumbai, Maharashtra, India |
| Barter Capital Private Limited | ₹88.05 Cr (FY 2025) | •••• | •••• | -41.0% | •••• | Mumbai, Maharashtra, India |
| William O'neil India Private Limited | ₹87.82 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Bangalore, Karnataka, India |
| Harshvardhan Securities Private Limited this company | ₹87.3 Cr (FY 2025) | •••• | •••• | 313.0% | •••• | Mumbai, Maharashtra, India |
| Qwerty Investments Private Limited | ₹87 Cr (FY 2025) | •••• | •••• | 104.0% | •••• | Batala, Punjab, India |
| Maheshwari Share and Stock-Brokers Private Limited | ₹86.47 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Samriddhi Commodity & Derivatives Private Limited | ₹86.29 Cr (FY 2025) | •••• | •••• | 286.0% | •••• | Kolkata, West Bengal, India |
| Way2wealth Brokers Private Limited | ₹86.02 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Bangalore, Karnataka, India |
| Meenakshi Ventures and Holdings India Private Limited | ₹85.94 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Harshvardhan 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 Harshvardhan Securities Private Limited
Harshvardhan Securities Private Limited is audited by RAJESH VAKIL & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJESH VAKIL & 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 Harshvardhan 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 Harshvardhan Securities Private Limited
Harshvardhan Securities Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Harshvardhan Securities Private Limited
Employment history and EPFO contributions of people linked to Harshvardhan 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 Harshvardhan Securities Private Limited
Harshvardhan Securities Private Limited has 6 board changes on record since 1991: 3 appointments and 3 cessations. The latest: Harshvardhan Manoj Wadhwa ceased to be Additional Director on 28 Sep 2016.
Credit Ratings, Litigation & Regulatory Alerts for Harshvardhan 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 Harshvardhan 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 Harshvardhan 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 Harshvardhan 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 Harshvardhan 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 Harshvardhan Securities Private Limited
Harshvardhan 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 09 May 1988 (38+ years old) and is registered under CIN U70100MH1988PTC047294.
Harshvardhan Securities reported revenue of ₹87.3 Cr for FY 2025 (up 313% YoY).
Harshvardhan Securities has 3 current directors:
- Harshvardhan Manoj Wadhwa - Director
- Minal Manoj Wadhwa - Director
- Manoj Vasudev Wadhwa - Director
Harshvardhan Securities reported a net loss of ₹1.16 Cr (net margin -1.3%) and EBITDA of -₹59.8 Lakh (EBITDA margin -0.7%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Harshvardhan Securities is U70100MH1988PTC047294. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harshvardhan Securities was incorporated on 09 May 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Harshvardhan Securities by revenue are Econo Broking Private Limited, Silver Stream Equities Private Limited, H J Securities Private Limited, Barter Capital Private Limited, William O'neil India Private Limited and 5 more, all in the BFSI industry (Broking Services).
Harshvardhan Manoj Wadhwa ceased to be Additional Director on 28 Sep 2016. Harshvardhan Manoj Wadhwa was appointed as Director on 19 Nov 2015. Minal Manoj Wadhwa ceased to be Director on 27 Sep 2015. Harshvardhan Securities has 6 board changes on record in total.
The registered office of Harshvardhan Securities is at Happy Home 244 Water Field Road Bandra West, Mumbai, Maharashtra, India – 400050.
Harshvardhan Securities has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh.
Harshvardhan Securities operates in the financial services industry, in the brokerage and trading services segment.