About Manashvi Securities Limited
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Manashvi Securities Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 15 September 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1997PLC110688. Its GSTIN is 27AAACM8224D1ZQ (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹6.21 Cr. It is led by directors including Ashish Krishnakant Shah (Whole-Time Director) and Manish Krishnakant Shah (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 524 P. J .Tower Dalal Street Fort, Mumbai, Maharashtra, India – 400023.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.32 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹32.54 Lakh (net margin 2.4%) and EBITDA of ₹75.55 Lakh (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 18% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Manashvi Securities. As per MCA filings, the company has open charges of ₹8.5 Cr and satisfied charges of ₹2.35 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website manashvi.com.
Company details
CIN history
Manashvi Securities has one previous CIN (Corporate Identification Number): L67120MH1997PLC110688. The current CIN is U67120MH1997PLC110688, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120MH1997PLC110688 | Current |
| L67120MH1997PLC110688 | Previous |
Contact details
Manashvi Securities Limited's registered office is in Mumbai, Maharashtra. Its website is manashvi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address524 P. J .Tower Dalal Street Fort, Mumbai, Maharashtra, India – 400023
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Manashvi Securities 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
Manashvi Securities operates one associated brand: Manashvi Securities. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Securities trading and financial services in India. | manashvi.com |
Business activity
The main business activity of Manashvi Securities 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 Manashvi Securities Limited, buy the company report.
Financials of Manashvi Securities Limited
FY 2025 filings availableManashvi Securities Limited reported revenue of ₹13.32 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 76% 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 | ₹75.55 Lakh | ||||
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| Net Profit (PAT) | ₹32.54 Lakh | ||||
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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 | 5.7% | ||||
| Net Profit Margin | 2.4% | ||||
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To see the full financial statements and ratios of Manashvi Securities Limited, buy the company report.
Board of directors of Manashvi Securities Limited
Manashvi Securities has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Krishnakant Shah | Whole-Time Director | 10 Jan 2012 | 14 Years 9 Months | Current |
| Manish Krishnakant Shah | Whole-Time Director | 10 Jan 2007 | 19 Years 9 Months | Current |
| Vidhyut Krishnakant Shah | Whole-Time Director | 15 Sep 1997 | 29 Years 1 Months | Current |
Auditor
Manashvi Securities Limited is audited by BANSHI JAIN & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BANSHI JAIN & ASSOCIATES | FY 2019 | 100990W |
Shareholding
The shareholding of Manashvi Securities Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Manashvi Securities Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Nov 2025 | 101189643 | Others | ₹1 Cr | Open | |
| 12 Jan 2024 | 100855310 | Bank of India | ₹7.5 Cr | Open | |
| 31 Jul 2020 | 100362574 | Others | ₹18 Lakh | Satisfied | |
| 10 Oct 2017 | 100138367 | Others | ₹97 Lakh | Satisfied | |
| 31 Dec 2013 | 10469211 | L&T Housing Finance Limited | ₹1.2 Cr | Satisfied |
To see the full charge records of Manashvi Securities Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Manashvi Securities Limited has 3 court cases on record: 1 filed by Manashvi Securities, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax -4 Mumbai | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by The Commissioner of Income Tax -4 Mumbai | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Aptec Business Machines Ltd Ors | Disposed |
To see the full case history of Manashvi Securities 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
No delayed payments to MSME suppliers are on our record for Manashvi Securities Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Manashvi Securities Limited has a workforce of 26 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Manashvi Securities has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM8224D1ZQ | Maharashtra | Active | 01 Jul 2017 |
| 24AAACM8224D1ZW | Gujarat | Active | 28 Jun 2017 |
To see the full GST registrations and return filing status of Manashvi Securities Limited, buy the company report.
Recent activity
Manashvi Securities Limited has 9 board changes on record since 1997: 3 appointments and 6 cessations. The latest: Ashish Krishnakant Shah ceased to be Whole-Time Director on 09 Jan 2021.
8 earlier events are in the company report.
Frequently asked questions
Manashvi Securities 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 15 September 1997 (29+ years old) and is registered under CIN U67120MH1997PLC110688.
Manashvi Securities has 3 current directors:
- Ashish Krishnakant Shah - Whole-Time Director
- Manish Krishnakant Shah - Whole-Time Director
- Vidhyut Krishnakant Shah - Whole-Time Director
The latest financial statements of Manashvi 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 Manashvi Securities is 27AAACM8224D1ZQ, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAACM8224D1ZW (Gujarat).
The CIN (Corporate Identification Number) of Manashvi Securities is U67120MH1997PLC110688. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manashvi Securities has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the high courts.
Manashvi Securities was incorporated on 15 September 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashish Krishnakant Shah ceased to be Whole-Time Director on 09 Jan 2021. Manish Krishnakant Shah ceased to be Whole-Time Director on 09 Jan 2021. Vidhyut Krishnakant Shah ceased to be Whole-Time Director on 09 Jan 2021. Manashvi Securities has 9 board changes on record in total.
Manashvi Securities can be reached through the website manashvi.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Manashvi Securities is at 524 P. J .Tower Dalal Street Fort, Mumbai, Maharashtra, India – 400023.