
Isha Securities Limited
About Isha Securities Limited
Data last updated:
Isha Securities Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 17 February 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67120GJ1993PLC018988.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹1.49 Cr. It was formerly known as Isha Securities Private Limited. It is led by directors including Urvija Bhaveshbhai Shah (Whole-Time Director) and Chiranjiv Bhavesh Shah (Whole-Time Director).
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 22 Govt Servants Societyc G Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.51 Cr, a decline of 75% compared to the previous year. For the same year it recorded a net profit of ₹1.96 Cr (net margin 43.5%) and EBITDA of ₹2.41 Cr (EBITDA margin 53.4%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 38% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Isha Securities has one previous CIN (Corporate Identification Number): U67120GJ1993PTC018988. The current CIN is U67120GJ1993PLC018988, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120GJ1993PLC018988 | Current |
| U67120GJ1993PTC018988 | Previous |
Contact details
Isha Securities Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address22 Govt Servants Societyc G Road, Ahmedabad, Gujarat, India – 380009
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Isha Securities 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 Isha Securities is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Isha Securities Limited, buy the company report.
Financials of Isha Securities Limited
FY 2025 filings availableIsha Securities Limited reported revenue of ₹4.51 Cr (down 75% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 75% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 38%. EBITDA fell 74% 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 | ₹2.41 Cr | ||||
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| Net Profit (PAT) | ₹1.96 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 53.4% | ||||
| Net Profit Margin | 43.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Isha Securities Limited, buy the company report.
Board of directors of Isha Securities Limited
Isha Securities has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Dhireshbhai Shah Also directs: Fibre2fashion Private Limited, Sanblue Tradelink Private Limited, Jito Ahmedabad Chapter Foundation and 1 more | Director | 17 Feb 1993 | 33 Years 8 Months | Current |
| Urvija Bhaveshbhai Shah | Whole-Time Director | 27 Dec 2019 | 6 Years 10 Months | Current |
| Bhavesh Dhireshbhai Shah | Director | 17 Feb 1993 | 33 Years 8 Months | Current |
| Sanjiv Dhireshbhai Shah Also directs: Sanblue Consulting LLP, Sanblue Corporation Limited, Fibre2fashion Private Limited and 1 more | Director | 17 Feb 1993 | 33 Years 8 Months | Current |
| Chiranjiv Bhavesh Shah | Whole-Time Director | 20 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Isha Securities Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Harshit Finvest Private Limited | ₹4.52 Cr (FY 2024) | -67.0% | New Delhi, Delhi, India | |||
| DRP Trading & Investment Pvt Ltd | ₹4.51 Cr (FY 2020) | -12.0% | Kolkata, West Bengal, India | |||
| Polpit Financial Consultants Pvt Ltd | ₹4.51 Cr (FY 2025) | -18.0% | Kolkata, West Bengal, India | |||
| Isha Securities Limitedthis company | ₹4.51 Cr (FY 2025) | ₹1.96 Cr | 43.5% | -75.0% | Ahmedabad, Gujarat, India | |
| Unique Securities Pvt Ltd | ₹4.51 Cr (FY 2024) | 32.0% | Kolkata, West Bengal, India | |||
| Quality Synthetics Industries Ltd. | ₹4.48 Cr (FY 2019) | 342.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Isha Securities Limited, buy the company report.
Auditor
Isha Securities Limited is audited by Pankaj K. Shah Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pankaj K. Shah Associates | FY 2023 | 107352W |
Shareholding
The shareholding of Isha Securities Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Isha Securities Limited, buy the company report.
Legal cases
No court or tribunal cases involving Isha Securities 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 Isha Securities 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 Isha Securities Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Isha Securities Limited has 7 board changes on record since 1993: 5 appointments and 2 cessations. The latest: Chiranjiv Bhavesh Shah ceased to be Director on 29 Sep 2025.
Frequently asked questions
Isha Securities is an active public limited company based in Ahmedabad, Gujarat, India. The company works in nbfc, within the financial services industry. It was incorporated on 17 February 1993 (33+ years old) and is registered under CIN U67120GJ1993PLC018988.
Isha Securities has 5 current directors:
- Urvija Bhaveshbhai Shah - Whole-Time Director
- Chiranjiv Bhavesh Shah - Whole-Time Director
- Chetan Dhireshbhai Shah - Director
- Bhavesh Dhireshbhai Shah - Director
- Sanjiv Dhireshbhai Shah - Director
The latest financial statements of Isha 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 CIN (Corporate Identification Number) of Isha Securities is U67120GJ1993PLC018988. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Isha Securities was incorporated on 17 February 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Isha Securities by revenue are Harshit Finvest Private Limited, DRP Trading & Investment Pvt Ltd, Polpit Financial Consultants Pvt Ltd, Unique Securities Pvt Ltd, Quality Synthetics Industries Ltd, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Chiranjiv Bhavesh Shah ceased to be Director on 29 Sep 2025. Chiranjiv Bhavesh Shah was appointed as Whole-Time Director on 20 Aug 2025. Urvija Bhaveshbhai Shah ceased to be Additional Director on 31 Dec 2020. Isha Securities has 7 board changes on record in total.
The registered office of Isha Securities is at 22 Govt Servants Societyc G Road, Ahmedabad, Gujarat, India – 380009.
Isha Securities operates in the financial services industry, in the nbfc segment.
The compliance status of Isha Securities is compliant as of 23 July 2026. The company is actively filing with the Registrar of Companies.
Yes. Isha Securities was formerly known as Isha Securities Private Limited.

