
Ishan Research and Securities Private Limited
About Ishan Research and Securities Private Limited
Data last updated:
Ishan Research and Securities Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 24 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U05110MP2005PTC017469.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Himanshu Kansal and Krishan Autar Kansal.
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 Indore, Madhya Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.18 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net profit of ₹2.11 Lakh (net margin 50.5%) and EBITDA of ₹2.3 Lakh (EBITDA margin 55%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ishan Research and Securities Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 203, Kalyan Sampat Garden, Indore, Madhya Pradesh, India – 452016
- IndustryFinancial Services, Advisory, Consultancy, Financial Brokerage
To see the full contact details of Ishan Research and 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 Ishan Research and Securities Private Limited
FY 2025 filings availableIshan Research and Securities Private Limited reported revenue of ₹4.18 Lakh (down 58% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 58% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 49%. 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 | ₹2.3 Lakh | ||||
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| Net Profit (PAT) | ₹2.11 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 | 55% | ||||
| Net Profit Margin | 50.5% | ||||
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To see the full financial statements and ratios of Ishan Research and Securities Private Limited, buy the company report.
Board of directors of Ishan Research and Securities Private Limited
Ishan Research and Securities has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himanshu Kansal Also directs: Advanced Investrade Forum | Director | 24 Mar 2005 | 21 Years 7 Months | Current |
| Krishan Autar Kansal | Director | 16 May 2009 | 17 Years 5 Months | Current |
Auditor
Ishan Research and Securities Private Limited is audited by ABHAYKUMARJAIN& CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHAYKUMARJAIN& CO. | FY 2017 | 006386C |
Shareholding
The shareholding of Ishan Research and 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 Ishan Research and Securities Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ishan Research and 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 Ishan Research and Securities Private 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 Ishan Research and Securities Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ishan Research and Securities Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Deepa Chandra ceased to be Director on 09 Mar 2011.
Frequently asked questions
Ishan Research and Securities is an active private limited company based in Indore, Madhya Pradesh, India. The company works in advisory, within the financial services industry. It was incorporated on 24 March 2005 (21+ years old) and is registered under CIN U05110MP2005PTC017469.
Ishan Research and Securities has 2 current directors:
- Himanshu Kansal - Director
- Krishan Autar Kansal - Director
The latest financial statements of Ishan Research and 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 Ishan Research and Securities is U05110MP2005PTC017469. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ishan Research and Securities was incorporated on 24 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Gwalior.
Deepa Chandra ceased to be Director on 09 Mar 2011. Krishan Autar Kansal was appointed as Director on 16 May 2009. Sandeep Chhotelal Parekh ceased to be Director on 11 May 2009. Ishan Research and Securities has 4 board changes on record in total.
The registered office of Ishan Research and Securities is at B – 203, Kalyan Sampat Garden, Indore, Madhya Pradesh, India – 452016.
Ishan Research and Securities operates in the financial services industry, in the advisory segment.
The compliance status of Ishan Research and Securities is compliant as of 18 July 2026. The company is actively filing with the Registrar of Companies.
Ishan Research and Securities can be reached at its registered office: B – 203, Kalyan Sampat Garden, Indore, Madhya Pradesh, India – 452016.

