Lehman Brothers Securities Private Limited
About Lehman Brothers Securities Private Limited
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Lehman Brothers Securities Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Lehman Brothers Holdings Inc.. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 02 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH2005FTC157763. Its GSTIN is 27AABCL1353R1Z5 (Maharashtra).
The company has an authorised share capital of ₹788.4 Cr and a paid-up capital of ₹50.55 Lakh. It is led by directors including Jeffry J Ciongoli and Vaibhav Surendramal Sanghavi.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹62.85 Lakh, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹1.36 Cr (net margin -215.8%) and EBITDA of -₹1.36 Cr (EBITDA margin -215.8%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 45% over five years.
Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Lehman Brothers Securities has one previous CIN (Corporate Identification Number): U67120MH2005PTC157763. The current CIN is U67120MH2005FTC157763, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120MH2005FTC157763 | Current |
| U67120MH2005PTC157763 | Previous |
Contact details
Lehman Brothers Securities Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address203 The Empire Business Centre Empire Complex 414 Senapati Bapat Marg Lower Parel We, St, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Lehman Brothers 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 Lehman Brothers Securities Private Limited
FY 2025 filings availableLehman Brothers Securities Private Limited reported revenue of ₹62.85 Lakh (down 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 45% over five years, including a 36% fall in the latest year. EBITDA rose 54% 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 | -₹1.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.36 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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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 | -215.8% | ||||
| Net Profit Margin | -215.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Lehman Brothers Securities Private Limited, buy the company report.
Board of directors of Lehman Brothers Securities Private Limited
Lehman Brothers Securities has 3 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jeffry J Ciongoli | Director | 15 Nov 2019 | 6 Years 11 Months | Current |
| Vaibhav Surendramal Sanghavi | Director | 15 Nov 2019 | 6 Years 11 Months | Current |
| Pratima Vaibhav Sanghavi Also directs: Art Finance (India) Private Limited, Himalaya Finlease Private Limited, Art Financial Services (India) Private Limited and 5 more | Director | 18 Dec 2018 | 7 Years 10 Months | Current |
Peer comparison
Lehman Brothers Securities Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adwin Advisory Services Private Limited | ₹62.94 Lakh (FY 2024) | 176.0% | Jaipur, Rajasthan, India | |||
| Sant Ram Forex Solutions Private Limited | ₹62.92 Lakh (FY 2025) | 44.0% | Dehradun, Uttarakhand, India | |||
| Ratico Agencies Pvt Ltd | ₹62.88 Lakh (FY 2025) | 47.0% | Kolkata, West Bengal, India | |||
| Aqua Investments (India) Limited | ₹62.87 Lakh (FY 2025) | 19.0% | Mumbai, Maharashtra, India | |||
| Valley Magnesite Company Ltd | ₹62.86 Lakh (FY 2025) | -66.0% | Kolkata, West Bengal, India | |||
| Lehman Brothers Securities Private Limitedthis company | ₹62.85 Lakh (FY 2025) | -₹1.36 Cr | -215.8% | -36.0% | Mumbai, Maharashtra, India | |
| Surge Soil Infotech Private Limited | ₹62.8 Lakh (FY 2025) | Hapur, Uttar Pradesh, India | ||||
| Goa State Minorities Finance and Development Corporation Limited | ₹62.78 Lakh (FY 2023) | 102.0% | Panaji, Goa, India | |||
| Babul Properties Private Ltd | ₹62.75 Lakh (FY 2024) | Kolkata, West Bengal, India | ||||
| Suncity Financial Consultants Private Limited | ₹62.71 Lakh (FY 2024) | -13.0% | Mumbai, Maharashtra, India | |||
| Manpasand Tie Up Private Limited | ₹62.67 Lakh (FY 2025) | -42.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Lehman Brothers Securities Private Limited, buy the company report.
Auditor
Lehman Brothers Securities Private Limited is audited by Y S Moochhala & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y S Moochhala & Co | FY 2023 | 124848W |
Shareholding
The shareholding of Lehman Brothers Securities Private 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 Lehman Brothers Securities Private Limited, buy the company report.
Legal cases
Lehman Brothers Securities Private Limited has 7 court cases on record: 6 filed by Lehman Brothers Securities, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Arbitration matter | Filed against the company by Brics Securities Ltd. | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Deputy Commissioner of Income Tax-(3)(2) and Anr. | Disposed |
| Bombay High Court | Tax appeal | Filed by the company against Assistant Commissioner of Income Tax, Circle 4 (3), Mumbai | Disposed |
To see the full case history of Lehman Brothers Securities Private 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.
MSME payment delays
Lehman Brothers Securities Private Limited has 5 MSME Form 1 returns on record between 2020 and 2022, listing 13 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Innergize Solutions Private Limited | |||
| Mehta & Mehta Legal & Advisory Services Pvt Ltd | |||
| an individual supplier | |||
| Mehta & Mehta Legal and Advisory Services Private Limited |
To see the full MSME payment records of Lehman Brothers Securities Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Lehman Brothers Securities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCL1353R1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lehman Brothers Securities Private Limited, buy the company report.
Recent activity
Lehman Brothers Securities Private Limited has 22 board changes on record since 2007: 3 appointments and 19 cessations. The latest: Jeffry J Ciongoli ceased to be Additional Director on 06 Oct 2020.
13 earlier events are in the company report.
Frequently asked questions
Lehman Brothers Securities is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 02 December 2005 (21+ years old) and is registered under CIN U67120MH2005FTC157763.
Lehman Brothers Securities has 3 current directors:
- Jeffry J Ciongoli - Director
- Vaibhav Surendramal Sanghavi - Director
- Pratima Vaibhav Sanghavi - Director
The latest financial statements of Lehman Brothers 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 Lehman Brothers Securities is 27AABCL1353R1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Lehman Brothers Securities is U67120MH2005FTC157763. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lehman Brothers Securities has 7 court cases on record: 6 filed by the company and 1 filed against it. Most are in the high courts.
Lehman Brothers Securities was incorporated on 02 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Lehman Brothers Securities by revenue are Adwin Advisory Services Private Limited, Sant Ram Forex Solutions Private Limited, Ratico Agencies Pvt Ltd, Aqua Investments (India) Limited, Valley Magnesite Company Ltd and 5 more, all in the BFSI industry (Other Financial Services).
Jeffry J Ciongoli ceased to be Additional Director on 06 Oct 2020. Vaibhav Surendramal Sanghavi ceased to be Additional Director on 06 Oct 2020. Aniruth Purushothaman Giriraj ceased to be Director on 16 Mar 2020. Lehman Brothers Securities has 22 board changes on record in total.
Lehman Brothers Securities has 5 MSME Form 1 returns on record between 2020 and 2022, listing 13 overdue payments to 4 micro and small suppliers. The latest return was filed on 28 Oct 2022.
The registered office of Lehman Brothers Securities is at 203 The Empire Business Centre Empire Complex 414 Senapati Bapat Marg Lower Parel We, St, Mumbai, Maharashtra, India – 400013.
Lehman Brothers Securities operates in the financial services industry, in the diversified financial services segment.
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