Headway Securities Private Limited
About Headway Securities Private Limited
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Headway Securities Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 10 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH2005PTC151181. Its GSTIN is 27AABCH5479E1ZH (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹81 Lakh. It is led by directors Puja Khandelia and Ashish Khandelia.
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 123 Link Estate C Wingpot No 40 Goregaon Mulund Link Road Goregaon (E), Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.5 Lakh, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹1.32 Lakh (net margin 52.6%) and EBITDA of ₹1.37 Lakh (EBITDA margin 54.7%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 36% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Headway Securities Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address123 Link Estate C Wingpot No 40 Goregaon Mulund Link Road Goregaon (E), Mumbai, Maharashtra, India – 400063
- IndustryFinancial Services, Advisory, Consultancy, Financial Brokerage
To see the full contact details of Headway 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
Financials of Headway Securities Private Limited
FY 2025 filings availableHeadway Securities Private Limited reported revenue of ₹2.5 Lakh (down 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 51% fall in the latest year. EBITDA rose 131% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.37 Lakh | ||||
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| Net Profit (PAT) | ₹1.32 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 54.7% | ||||
| Net Profit Margin | 52.6% | ||||
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To see the full financial statements and ratios of Headway Securities Private Limited, buy the company report.
Board of directors of Headway Securities Private Limited
Headway 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 |
|---|---|---|---|---|
| Puja Khandelia | Director | 10 Feb 2005 | 21 Years 8 Months | Current |
| Ashish Khandelia Also directs: Certus Corporate Services LLP, Certus Growth Services LLP, Certus Capital Private Limited and 3 more | Director | 28 Aug 2019 | 7 Years 1 Months | Current |
Peer comparison
Headway Securities Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Broking Services), with 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 |
|---|---|---|---|---|---|---|
| Tormenta Modus Financial Services Private Limited | ₹2.52 Lakh (FY 2025) | -55.0% | New Delhi, Delhi, India | |||
| Kaustubh Capital Services Limited | ₹2.51 Lakh (FY 2025) | -25.0% | Uttar Pradesh, India | |||
| Meghvarsha Securities Private Limited | ₹2.51 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Headway Securities Private Limitedthis company | ₹2.5 Lakh (FY 2025) | ₹1.32 Lakh | 52.6% | -51.0% | Mumbai, Maharashtra, India | |
| Nirjay Securities Private Limited | ₹2.5 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Satya Sai Cotton Enterprises Private Limited | ₹2.5 Lakh (FY 2019) | -63.0% | Ring Road, Guntur, Andhra Pradesh, India |
To see the full peer comparison of Headway Securities Private Limited, buy the company report.
Auditor
Headway Securities Private Limited is audited by PKC & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PKC & ASSOCIATES | FY 2017 | 118416W |
Shareholding
The shareholding of Headway Securities Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Headway Securities Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Headway 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 Headway Securities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Headway Securities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH5479E1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Headway Securities Private Limited, buy the company report.
Recent activity
Headway Securities Private Limited has 6 board changes on record since 2005: 2 appointments and 4 cessations. The latest: Ashish Khandelia ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Headway Securities is an active private limited company based in Mumbai, Maharashtra, India. The company works in advisory, within the financial services industry. It was incorporated on 10 February 2005 (21+ years old) and is registered under CIN U67120MH2005PTC151181.
Headway Securities has 2 current directors:
- Puja Khandelia - Director
- Ashish Khandelia - Director
The latest financial statements of Headway Securities on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Headway Securities is 27AABCH5479E1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Headway Securities is U67120MH2005PTC151181. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Headway Securities was incorporated on 10 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Headway Securities by revenue are Tormenta Modus Financial Services Private Limited, Kaustubh Capital Services Limited, Meghvarsha Securities Private Limited, Nirjay Securities Private Limited, Satya Sai Cotton Enterprises Private Limited, all in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Ashish Khandelia ceased to be Additional Director on 30 Sep 2019. Nitesh Kantilal Sethia ceased to be Additional Director on 30 Aug 2019. Ashish Khandelia was appointed as Director on 28 Aug 2019. Headway Securities has 6 board changes on record in total.
The registered office of Headway Securities is at 123 Link Estate C Wingpot No 40 Goregaon Mulund Link Road Goregaon E, Mumbai, Maharashtra, India – 400063.
Headway Securities operates in the financial services industry, in the advisory segment.
The compliance status of Headway Securities is compliant as of 30 July 2026. The company is actively filing with the Registrar of Companies.