Laurel Securities Pvt. Ltd.
About Laurel Securities Pvt. Ltd.
Data last updated:
Laurel Securities Pvt. Ltd. is a private limited company based in Kolkata, West Bengal, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 20 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U67120WB1995PTC067709. Its GSTIN is 19AAACL4545J1ZB (West Bengal).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49.28 Lakh. It is led by directors including Prakash Baid (Managing Director) and Maan Vardhan Baid (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 909 Diamond Heritage 9th Floor 16 Strand Road, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.59 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹7.33 Cr (net margin 28.6%) and EBITDA of ₹9.37 Cr (EBITDA margin 36.6%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹25 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Laurel Securities Pvt. Ltd.'s registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address909 Diamond Heritage 9th Floor 16 Strand Road, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Laurel Securities Pvt. Ltd., 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 Laurel 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 Laurel Securities Pvt. Ltd., buy the company report.
Financials of Laurel Securities Pvt. Ltd.
FY 2025 filings availableLaurel Securities Pvt. Ltd. reported revenue of ₹25.59 Cr (up 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 23% growth in the latest year. EBITDA rose 157% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹9.37 Cr | ||||
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| Net Profit (PAT) | ₹7.33 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 36.6% | ||||
| Net Profit Margin | 28.6% | ||||
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To see the full financial statements and ratios of Laurel Securities Pvt. Ltd., buy the company report.
Board of directors of Laurel Securities Pvt. Ltd.
Laurel Securities has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramod Baid Also directs: Prakash Baid Securities Private Limited, Nocil Dealers Pvt Ltd, Times Tradelink Pvt Ltd and 2 more | Director | 21 Aug 1995 | 31 Years 2 Months | Current |
| Maan Vardhan Baid Also directs: Laurelmf Finmart Private Limited, Federal Commercial Pvt.Ltd., Tristar Sales Private Limited and 1 more | Whole-Time Director | 22 Jan 2010 | 16 Years 9 Months | Current |
| Prakash Baid Also directs: Prakash Baid Securities Private Limited, Standard Dealers Private Limited, Affluent Mercantile Private Limited and 2 more | Managing Director | 16 Mar 1995 | 31 Years 7 Months | Current |
Peer comparison
Laurel Securities Pvt. Ltd. is compared with the 3 companies closest to it by revenue in the BFSI industry (Broking Services), 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 |
|---|---|---|---|---|---|---|
| International Corporate Consultancy Private Limited | ₹25.75 Cr (FY 2025) | 42.0% | New Delhi, Delhi, India | |||
| Laurel Securities Pvt. Ltd.this company | ₹25.59 Cr (FY 2024) | ₹7.33 Cr | 28.6% | 23.0% | Kolkata, West Bengal, India | |
| Spade Financial Services Limited | ₹25.29 Cr (FY 2025) | -51.0% | New Delhi, Delhi, India | |||
| Patni Financial Advisors Private Limited | ₹25.23 Cr (FY 2024) | 87.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Laurel Securities Pvt. Ltd., buy the company report.
Auditor
Laurel Securities Pvt. Ltd. is audited by GIRISH SHIV SHARMA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GIRISH SHIV SHARMA & CO | FY 2023 | 324038E |
Shareholding
The shareholding of Laurel Securities Pvt. Ltd. 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 Laurel Securities Pvt. Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jul 2025 | 101129039 | Others | ₹25 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Laurel Securities Pvt. Ltd. has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (ITAT) | Filed against the company by Commissioner of Income Tax, Kolkata-2, Kolkata | Disposed |
To see the full case history of Laurel Securities Pvt. Ltd., 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Laurel Securities Pvt. Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Laurel Securities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACL4545J1ZB | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Laurel Securities Pvt. Ltd., buy the company report.
Recent activity
Laurel Securities Pvt. Ltd. has 6 board changes on record since 1995: 3 appointments and 3 cessations. The latest: Maan Vardhan Baid ceased to be Director on 30 Sep 2015.
Frequently asked questions
Laurel Securities is an active private limited company based in Kolkata, West Bengal, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 20 January 1995 (31+ years old) and is registered under CIN U67120WB1995PTC067709.
Laurel Securities has 3 current directors:
- Prakash Baid - Managing Director
- Maan Vardhan Baid - Whole-Time Director
- Pramod Baid - Director
The latest financial statements of Laurel 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 Laurel Securities is 19AAACL4545J1ZB, registered in West Bengal.
The CIN (Corporate Identification Number) of Laurel Securities is U67120WB1995PTC067709. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Laurel Securities has 1 court case on record: 1 filed against it.
Laurel Securities was incorporated on 20 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Laurel Securities by revenue are International Corporate Consultancy Private Limited, Spade Financial Services Limited, Patni Financial Advisors Private Limited, all in the BFSI industry (Broking Services), with the same principal business activity (other financial activities).
Maan Vardhan Baid ceased to be Director on 30 Sep 2015. Prakash Baid ceased to be Director on 30 Sep 2015. Kalpana Baid ceased to be Director on 22 Jan 2010. Laurel Securities has 6 board changes on record in total.
The registered office of Laurel Securities is at 909 Diamond Heritage 9th Floor 16 Strand Road, Kolkata, West Bengal, India – 700001.
Laurel Securities operates in the financial services industry, in the brokerage and trading services segment.