
Mahananda Securities Ltd
About Mahananda Securities Ltd
Data last updated:
Mahananda Securities Ltd is a public limited company based in Mumbai, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 05 April 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1994PLC077516. Its GSTIN is 27AAACM7730J1ZC (Maharashtra).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹1.63 Cr. It is led by directors including Rajesh Nemichand Jain and Rakeshkumar Nemichand Jain.
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 B – Wing Samkeet Aptssant Janabai Marg Vile Parle East, Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.01 Cr, a decline of 92% compared to the previous year. For the same year it recorded a net profit of ₹2.45 Cr (net margin 81.5%) and EBITDA of ₹2.96 Cr (EBITDA margin 98.5%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 48% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Mahananda Securities has one previous CIN (Corporate Identification Number): L67120MH1994PLC077516. The current CIN is U67120MH1994PLC077516, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120MH1994PLC077516 | Current |
| L67120MH1994PLC077516 | Previous |
Contact details
Mahananda Securities Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – Wing Samkeet Aptssant Janabai Marg Vile Parle East, Mumbai, Maharashtra, India – 400057
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Mahananda Securities 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 Mahananda 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 Mahananda Securities Ltd, buy the company report.
Financials of Mahananda Securities Ltd
FY 2025 filings availableMahananda Securities Ltd reported revenue of ₹3.01 Cr (down 92% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 92% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 48%. EBITDA fell 92% 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 | ₹2.96 Cr | ||||
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| Net Profit (PAT) | ₹2.45 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 | 98.5% | ||||
| Net Profit Margin | 81.5% | ||||
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To see the full financial statements and ratios of Mahananda Securities Ltd, buy the company report.
Board of directors of Mahananda Securities Ltd
Mahananda Securities has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Nemichand Jain | Director | 30 Nov 2022 | 3 Years 11 Months | Current |
| Rakeshkumar Nemichand Jain | Director | 30 Mar 2019 | 7 Years 7 Months | Current |
| Ratanlal Nemichand Jain | Director | 01 Aug 1998 | 28 Years 3 Months | Current |
Peer comparison
Mahananda Securities Ltd 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 |
|---|---|---|---|---|---|---|
| HFL Enterprises Limited | ₹3.02 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India | |||
| Madhumalti Distributors Pvt. Ltd. | ₹3.01 Cr (FY 2025) | 16.0% | Jharsuguda, Odisha, India | |||
| J.S. Global Finance Limited | ₹3.01 Cr (FY 2025) | 18.0% | Delhi, India | |||
| Mahananda Securities Ltdthis company | ₹3.01 Cr (FY 2025) | ₹2.45 Cr | 81.5% | -92.0% | Mumbai, Maharashtra, India | |
| Whitestone Sales Pvt. Ltd. | ₹3 Cr (FY 2025) | 33.0% | Kolkata, West Bengal, India | |||
| Sao Finance and Properties Pvt. Ltd. | ₹3 Cr (FY 2025) | -54.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Mahananda Securities Ltd, buy the company report.
Auditor
Mahananda Securities Ltd is audited by Harsha M Goyal & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Harsha M Goyal & Co | FY 2022 | 137098W |
Shareholding
The shareholding of Mahananda Securities Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | 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 Mahananda Securities Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Mahananda Securities Ltd 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 Mahananda Securities Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahananda Securities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM7730J1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahananda Securities Ltd, buy the company report.
Recent activity
Mahananda Securities Ltd has 8 board changes on record since 1998: 3 appointments and 5 cessations. The latest: Rajesh Nemichand Jain was appointed as Director on 30 Nov 2022.
Frequently asked questions
Mahananda Securities is an active public limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 05 April 1994 (32+ years old) and is registered under CIN U67120MH1994PLC077516.
Mahananda Securities has 3 current directors:
- Rajesh Nemichand Jain - Director
- Rakeshkumar Nemichand Jain - Director
- Ratanlal Nemichand Jain - Director
The latest financial statements of Mahananda 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 Mahananda Securities is 27AAACM7730J1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mahananda Securities is U67120MH1994PLC077516. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahananda Securities was incorporated on 05 April 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mahananda Securities by revenue are HFL Enterprises Limited, Madhumalti Distributors Pvt. Ltd, J.S. Global Finance Limited, Whitestone Sales Pvt. Ltd, Sao Finance and Properties Pvt. Ltd, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Rajesh Nemichand Jain was appointed as Director on 30 Nov 2022. Shivani Rakesh Jain ceased to be Director on 30 Nov 2022. Rakeshkumar Nemichand Jain ceased to be Additional Director on 30 Sep 2019. Mahananda Securities has 8 board changes on record in total.
The registered office of Mahananda Securities is at B – Wing Samkeet Aptssant Janabai Marg Vile Parle East, Mumbai, Maharashtra, India – 400057.
Mahananda Securities operates in the financial services industry, in the nbfc segment.
The compliance status of Mahananda Securities is compliant as of 01 September 2026. The company is actively filing with the Registrar of Companies.

