About Iti Securities Broking Limited
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Iti Securities Broking Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of The Investment Trust Of India Limited. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 25 April 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH1994PLC077946. Its GSTIN is 27AAACG2063L2ZL (Maharashtra). The company holds 14 GST registrations, of which 12 are active.
The company has an authorised share capital of ₹52.25 Cr and a paid-up capital of ₹18.05 Cr. It was formerly known as Fortune Equity Brokers (India) Limited and Intime Equities Limited. It is led by directors including Kuldeep Vashist (Whole-Time Director) and Surendra Kalyanji Rambhia.
Its last annual general meeting (AGM) was held on 23 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Iti House 36 Dr. R. K. Shirodkar Marg Parel, Mumbai, Maharashtra, India – 400012.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.83 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹4.91 Cr (net margin 15%) and EBITDA of ₹11.77 Cr (EBITDA margin 35.9%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 3% over five years.
The company has about 100 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: ITI Securities Broking. As per MCA filings, the company has open charges of ₹25 Cr and satisfied charges of ₹29 Cr on record. Court records list 23 cases involving the company, including 13 filed by the company and 10 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website itisb.co.in.
Company details
Name history
Iti Securities Broking has undergone 7 name changes throughout its history. The current legal name is Iti Securities Broking Limited.
| Company Name | Status |
|---|---|
| Iti Securities Broking Limited | Current |
| Fortune Equity Brokers (India) Limited | Previous |
| Intime Equities Limited | Previous |
| Good Fortune Advisory Services Limited | Previous |
| Good Fortune Advisory Services Private Limited | Previous |
| Iti Markets Limited | Previous |
| Iti Investment Services Limited | Previous |
CIN history
Iti Securities Broking has one previous CIN (Corporate Identification Number): U74120MH1994PTC077946. The current CIN is U74120MH1994PLC077946, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74120MH1994PLC077946 | Current |
| U74120MH1994PTC077946 | Previous |
Contact details
Iti Securities Broking Limited's registered office is in Mumbai, Maharashtra. Its website is itisb.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressIti House 36 Dr. R. K. Shirodkar Marg Parel, Mumbai, Maharashtra, India – 400012
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Iti Securities Broking 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
Brands
Iti Securities Broking operates one associated brand: ITI Securities Broking. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides online trading, broking, and investment services for equities and derivatives. | itisb.co.in |
Business activity
The main business activity of Iti Securities Broking is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Iti Securities Broking Limited, buy the company report.
Financials of Iti Securities Broking Limited
FY 2025 filings availableIti Securities Broking Limited reported revenue of ₹32.83 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 18% growth in the latest year. EBITDA rose 26% 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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| Total Expenses | |||||
| EBITDA | ₹11.77 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.91 Cr | ||||
| Balance Sheet | |||||
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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 | 35.9% | ||||
| Net Profit Margin | 15% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Iti Securities Broking Limited, buy the company report.
Board of directors of Iti Securities Broking Limited
Iti Securities Broking has 4 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surendra Kalyanji Rambhia Also directs: Atlanta Forms Private Limited, Antique Stock Broking Limited, Fortune Management Advisors Limited and 1 more | Director | 24 Sep 2018 | 8 Years 1 Months | Current |
| Kuldeep Vashist Also directs: Intime Multi Commodity Company Limited | Whole-Time Director | 03 Apr 2018 | 8 Years 7 Months | Current |
| Anal Vishnu Nayak Also directs: Intime Multi Commodity Company Limited, Iti Wealth Management Limited, Iti Alternate Funds Management Limited and 3 more | Additional Director | 12 Nov 2024 | 1 Years 11 Months | Current |
| Chander Muniraju | Director | 29 Dec 2021 | 4 Years 10 Months | Current |
Peer comparison
Iti Securities Broking Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Launchpad Fintech Private Limited | ₹33.04 Cr (FY 2025) | 53.0% | Mumbai, Maharashtra, India | |||
| Prayas Securities Private Limited | ₹32.95 Cr (FY 2024) | 129.0% | Mumbai, Maharashtra, India | |||
| Wellworth Share and Stock Broking Limited | ₹32.85 Cr (FY 2025) | 13.0% | Mumbai, Maharashtra, India | |||
| Iti Securities Broking Limitedthis company | ₹32.83 Cr (FY 2025) | ₹4.91 Cr | 15% | 18.0% | 100 | Mumbai, Maharashtra, India |
To see the full peer comparison of Iti Securities Broking Limited, buy the company report.
Auditor
Iti Securities Broking Limited is audited by BATHIYA & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BATHIYA & ASSOCIATES LLP | FY 2023 | 101046W |
Shareholding
The shareholding of Iti Securities Broking 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Iti Securities Broking Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jan 2022 | 100530751 | Hdfc Bank Limited | ₹25 Cr | Open | |
| 30 Apr 2012 | 10352055 | Axis Bank Limited | ₹2 Cr | Satisfied | |
| 13 Nov 2009 | 10187993 | Kotak Mahindra Bank Limited | ₹15 Cr | Satisfied | |
| 11 Sep 2009 | 10180946 | Union Bank of India | ₹12 Cr | Satisfied |
To see the full charge records of Iti Securities Broking Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Iti Securities Broking Limited has 23 court cases on record: 13 filed by Iti Securities Broking, 10 filed against it. 1 case is pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 7 | 0 |
| High courts | 7 | 3 | 1 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (AO) | Filed by the company against an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Court case (CR.MA) | Filed against the company by an individual | Disposed |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Calcutta, West Bengal | Court case (CN) | Filed against the company by an individual | Disposed |
To see the full case history of Iti Securities Broking Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Iti Securities Broking Limited was last rated by Crisil on 22 Dec 2016.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 22 Dec 2016 |
To see the full credit ratings and regulatory alerts of Iti Securities Broking Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Iti Securities Broking Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Iti Securities Broking has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Intime Multi Commodity Company Limited | U67190MH2005PLC158409 |
To see the full group structure of Iti Securities Broking Limited, buy the company report.
Employees & EPFO
Iti Securities Broking Limited has a workforce of 100 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Iti Securities Broking has 14 GST registrations: 12 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG2063L2ZL | Maharashtra | Active | 01 Jul 2017 |
| 03AAACG2063L1ZW | Punjab | Active | 01 Jul 2017 |
| 04AAACG2063L1ZU | Chandigarh | Active | 01 Jul 2017 |
| 07AAACG2063L1ZO | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Iti Securities Broking Limited, buy the company report.
Recent activity
Iti Securities Broking Limited has 24 board changes on record since 2009: 5 appointments and 19 cessations. The latest: Anal Vishnu Nayak was appointed as Additional Director on 12 Nov 2024.
26 earlier events are in the company report.
Frequently asked questions
Iti Securities Broking is an active public limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 25 April 1994 (32+ years old) and is registered under CIN U74120MH1994PLC077946.
Iti Securities Broking has 4 current directors:
- Kuldeep Vashist - Whole-Time Director
- Surendra Kalyanji Rambhia - Director
- Anal Vishnu Nayak - Additional Director
- Chander Muniraju - Director
The latest financial statements of Iti Securities Broking on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Iti Securities Broking is 27AAACG2063L2ZL, registered in Maharashtra. The company has 14 GST registrations in all, of which 12 are active and 2 are cancelled or inactive. Other active GSTINs include 03AAACG2063L1ZW (Punjab), 04AAACG2063L1ZU (Chandigarh), 07AAACG2063L1ZO (Delhi).
The CIN (Corporate Identification Number) of Iti Securities Broking is U74120MH1994PLC077946. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iti Securities Broking has 23 court cases on record: 13 filed by the company and 10 filed against it. 1 is pending. Most are in the district courts.
Iti Securities Broking was incorporated on 25 April 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Iti Securities Broking by revenue are Launchpad Fintech Private Limited, Prayas Securities Private Limited, Wellworth Share and Stock Broking Limited, all in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Anal Vishnu Nayak was appointed as Additional Director on 12 Nov 2024. Himanshu Mahesh Sheth ceased to be CFO on 31 Oct 2024. Anal Vishnu Nayak ceased to be Additional Director on 08 Aug 2024. Iti Securities Broking has 24 board changes on record in total.
Iti Securities Broking can be reached through the website itisb.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Iti Securities Broking is at Iti House 36 Dr. R. K. Shirodkar Marg Parel, Mumbai, Maharashtra, India – 400012.
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