Mardia Securities Limited
About Mardia Securities Limited
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Mardia Securities Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 07 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67120GJ1994PLC023787.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.46 Cr. It is led by directors including Rasiklal Shantilal Mardia and Rajesh Dhirajlal Rathod.
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 183 Manekbag Society Opp.Manekbag Octroi Naka Ambawadi, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.24 Lakh, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.47 Lakh (net margin 65.4%) and EBITDA of ₹2 Lakh (EBITDA margin 89%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 8% over five years.
Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mardia Securities Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address183 Manekbag Society Opp.Manekbag Octroi Naka Ambawadi, Ahmedabad, Gujarat, India – 380015
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Mardia 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
Financials of Mardia Securities Limited
FY 2025 filings availableMardia Securities Limited reported revenue of ₹2.24 Lakh (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 12% growth in the latest year. EBITDA rose 11% 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 | ₹2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.47 Lakh | ||||
| 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 | 89% | ||||
| Net Profit Margin | 65.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Mardia Securities Limited, buy the company report.
Board of directors of Mardia Securities Limited
Mardia 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 |
|---|---|---|---|---|
| Rasiklal Shantilal Mardia Also directs: Amar Dye Cham Limited | Director | 14 Dec 1994 | 31 Years 11 Months | Current |
| Rajesh Dhirajlal Rathod | Director | 04 Apr 2023 | 3 Years 7 Months | Current |
| Ajaykumar Vinodbhai Pandit Also directs: Aakar Leasing and Financial Services Limited | Director | 19 Jan 2022 | 4 Years 9 Months | Current |
Peer comparison
Mardia Securities Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Roongta Stockbroker Private Limited | ₹2.26 Lakh (FY 2025) | 0.0% | Nashik, Maharashtra, India | |||
| Veekrant Stocks and Finance Private Limited | ₹2.25 Lakh (FY 2025) | -50.0% | Mumbai, Maharashtra, India | |||
| Brics Commodities Private Limited | ₹2.25 Lakh (FY 2022) | -53.0% | Mumbai, Maharashtra, India | |||
| Century Financial Consultant Private Limited | ₹2.25 Lakh (FY 2016) | -90.0% | Delhi, India | |||
| Srira Financial Services Private Limited | ₹2.24 Lakh (FY 2025) | -14.0% | Chennai, Tamil Nadu, India | |||
| Mardia Securities Limitedthis company | ₹2.24 Lakh (FY 2025) | ₹1.47 Lakh | 65.4% | 12.0% | Ahmedabad, Gujarat, India | |
| Shri Venketesh Bhagvan Investment and Trade Private Limited | ₹2.24 Lakh (FY 2025) | -76.0% | Mumbai, Maharashtra, India | |||
| Interface Brokerage and Research Limited | ₹2.24 Lakh (FY 2025) | 17.0% | Ahmedabad, Gujarat, India | |||
| Tornedo Agencies Private Limited | ₹2.23 Lakh (FY 2025) | 0.0% | Kolkata, West Bengal, India | |||
| Shrinkhla Mercantile Limited | ₹2.23 Lakh (FY 2025) | -25.0% | Mumbai, Maharashtra, India | |||
| Lucaura Financial Services Private Limited | ₹2.23 Lakh (FY 2024) | -66.0% | New Delhi, Delhi, India |
To see the full peer comparison of Mardia Securities Limited, buy the company report.
Auditor
Mardia Securities Limited is audited by MEHTA LODHA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHTA LODHA & CO. | FY 2022 | 106250W |
Shareholding
The shareholding of Mardia Securities Limited 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 Mardia Securities Limited, buy the company report.
Legal cases
Mardia Securities Limited has 4 court cases on record: 1 filed by Mardia Securities, 3 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CMA DC) | Filed against the company by Shashi Kumar Mohata Proprietor of Investors Club | Pending |
| High Court, GUJARAT | Appeal | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Shashikumar Mohata Prop of Investor Club | Disposed |
To see the full case history of Mardia 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 Mardia Securities Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mardia Securities Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mardia Securities Limited has 9 board changes on record since 1994: 3 appointments and 6 cessations. The latest: Rajesh Dhirajlal Rathod ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Mardia Securities is an active public limited company based in Ahmedabad, Gujarat, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 07 December 1994 (32+ years old) and is registered under CIN U67120GJ1994PLC023787.
Mardia Securities has 3 current directors:
- Rasiklal Shantilal Mardia - Director
- Rajesh Dhirajlal Rathod - Director
- Ajaykumar Vinodbhai Pandit - Director
The latest financial statements of Mardia 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 CIN (Corporate Identification Number) of Mardia Securities is U67120GJ1994PLC023787. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mardia Securities has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Mardia Securities was incorporated on 07 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Mardia Securities by revenue are Roongta Stockbroker Private Limited, Veekrant Stocks and Finance Private Limited, Brics Commodities Private Limited, Century Financial Consultant Private Limited, Srira Financial Services Private Limited and 5 more, all in the BFSI industry (Broking Services).
Rajesh Dhirajlal Rathod ceased to be Additional Director on 29 Sep 2023. Himanshu Jasvantlal Shah ceased to be Director on 04 Apr 2023. Rajesh Dhirajlal Rathod was appointed as Director on 04 Apr 2023. Mardia Securities has 9 board changes on record in total.
The registered office of Mardia Securities is at 183 Manekbag Society Opp.Manekbag Octroi Naka Ambawadi, Ahmedabad, Gujarat, India – 380015.
Mardia Securities operates in the financial services industry, in the brokerage and trading services segment.
The compliance status of Mardia Securities is compliant as of 04 July 2026. The company is actively filing with the Registrar of Companies.
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