Illusion Securities Private Limited
About Illusion Securities Private Limited
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Illusion Securities Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Nextgen Infotel Private Limited. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 28 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1995PTC087855. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.34 Cr. It is led by directors Smiti Balchand Jain and Balchand Harakchand Jain.
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 Flat No.A Ground Floor Sunbeam Chambers Opp. Liberty Cinema New Marine Lines, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2023, the company reported a revenue of ₹36,508, a growth of 79% compared to the previous year. For the same year it recorded a net profit of ₹23,147 (net margin 63.4%) and EBITDA of ₹29,607 (EBITDA margin 81.1%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 58% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressFlat No.A Ground Floor Sunbeam Chambers Opp. Liberty Cinema New Marine Lines, Mumbai, Maharashtra, India – 400020
- 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 Illusion Securities Private Limited
The main business activity of Illusion Securities is real estate activities. In detail, this covers real estate activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate 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 Illusion Securities Private Limited FY 2025 filings available
Illusion Securities Private Limited reported revenue of ₹36,508 (up 79% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Illusion Securities Private Limited
Revenue rose 79% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 58%. EBITDA rose 71% 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 Illusion 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 | ₹29,607 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹23,147 | •••• | •••• | •••• | •••• |
| 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 Illusion Securities Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 81.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 63.4% | •••• | •••• | •••• | •••• |
| 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 Illusion 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 Illusion Securities Private Limited
Illusion Securities has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Smiti Balchand Jain | Director | 17 Nov 2021 | 4 Years 11 Months | Current |
| Balchand Harakchand Jain Also directs: Sunrise Lifespaces LLP, Sunrise Skyscrapers LLP, Sunrise Housing Paradise LLP and 5 more | Director | 28 Mar 2001 | 25 Years 6 Months | Current |
Peer Comparison of Illusion Securities Private Limited
Illusion Securities Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Broking Services, Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Apex Multicons Private Limited | ₹36,589 (FY 2023) | •••• | •••• | 527.0% | •••• | Pune, Maharashtra, India |
| Sunflower Vanijya Private Limited | ₹36,580 (FY 2025) | •••• | •••• | 183.0% | •••• | Siliguri, West Bengal, India |
| SDG Buildzon Projects Private Limited | ₹36,551 (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Acp Developers Private Limited | ₹36,539 (FY 2018) | •••• | •••• | •••• | Kanpur, Uttar Pradesh, India | |
| Mohan Buildmart Private Limited | ₹36,520 (FY 2025) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Illusion Securities Private Limited this company | ₹36,508 (FY 2023) | •••• | •••• | 79.0% | •••• | Mumbai, Maharashtra, India |
| Blackbird Complex Private Limited | ₹36,500 (FY 2025) | •••• | •••• | 9.0% | •••• | Kolkata, West Bengal, India |
| Touch Point Sales Private Limited | ₹36,500 (FY 2018) | •••• | •••• | 70.0% | •••• | Kolkata, West Bengal, India |
| Ezuro Construction Private Limited | ₹36,500 (FY 2020) | •••• | •••• | •••• | Faridabad, Haryana, India | |
| Sun Flower Nirman Private Limited | ₹36,500 (FY 2017) | •••• | •••• | -100.0% | •••• | Darjeeling, West Bengal, India |
| Yogadhipa Home Private Limited | ₹36,462 (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Illusion Securities by revenue in the Real Estate industry (Broking Services, Builders and Developers), 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 Illusion Securities Private Limited
Illusion Securities Private Limited is audited by BHALAWAT & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BHALAWAT & 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 Illusion 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 Illusion Securities Private Limited
Illusion Securities Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Illusion Securities Private Limited
Employment history and EPFO contributions of people linked to Illusion 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 Illusion Securities Private Limited
Illusion Securities Private Limited has 5 board changes on record since 2001: 2 appointments and 3 cessations. The latest: Smiti Balchand Jain was appointed as Director on 17 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Illusion 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 Illusion 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 Illusion 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 Illusion Securities Private Limited
Illusion Securities has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
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 Illusion 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 Illusion Securities Private Limited
Illusion 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 28 April 1995 (31+ years old) and is registered under CIN U67120MH1995PTC087855.
Illusion Securities reported revenue of ₹36,508 for FY 2023 (up 79% YoY).
Illusion Securities has 2 current directors:
- Smiti Balchand Jain - Director
- Balchand Harakchand Jain - Director
Illusion Securities reported a net profit of ₹23,147 (net margin 63.4%) and EBITDA of ₹29,607 (EBITDA margin 81.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Illusion Securities is -59% over three years and -58% over five years. In the latest year (FY 2023) revenue rose 79%. CAGR is the steady yearly rate that links the first and the last year.
No. Illusion Securities has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Illusion Securities is U67120MH1995PTC087855. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Illusion Securities was incorporated on 28 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Illusion Securities by revenue are Apex Multicons Private Limited, Sunflower Vanijya Private Limited, SDG Buildzon Projects Private Limited, Acp Developers Private Limited, Mohan Buildmart Private Limited and 5 more, all in the Real Estate industry (Broking Services, Builders and Developers).
Smiti Balchand Jain was appointed as Director on 17 Nov 2021. Ravindra Ratanpal Raghunath ceased to be Director on 16 Nov 2021. Manish Manakchand Kanthed ceased to be Director on 01 Feb 2016. Illusion Securities has 5 board changes on record in total.
The registered office of Illusion Securities is at Flat No.A Ground Floor Sunbeam Chambers Opp. Liberty Cinema New Marine Lines, Mumbai, Maharashtra, India – 400020.