About Market Creators Ltd
Data last updated: 15 July 2026
Market Creators Ltd is a public limited company based in Baroda-, Gujarat, India. It specialises in brokerage and trading services, a part of the broader financial services sector. Incorporated on 01 November 1991, the company has been in operation for over 35 years.
Registered with ROC Ahmedabad under CIN L74140GJ1991PLC016555. Listed on BSE: 526891.
Capital: an authorised share capital of ₹15 Cr and a paid-up capital of ₹10.5 Cr. It is led by directors including Neela Jayantilal Shah and Nirav Naresh Patel.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: Creative Castle70 Sampatrao Colony Off Productivity Road, Baroda – , Gujarat, India – 390005.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹5.28 Cr, a decline of 25.48% compared to the previous year. The net worth stands at ₹10.54 Cr (down 1.94% YoY). Total assets are valued at ₹48.65 Cr (up 15.44% YoY).
The company has a workforce of approximately 32 employees as per the latest available data.
The company is associated with 2 brands - Market Creators, Share Mart. As per MCA filings, the company has satisfied charges of ₹16 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sharemart.co.in.
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Registered AddressCreative Castle70 Sampatrao Colony Off Productivity Road, Baroda – , Gujarat, India – 390005
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IndustryFinancial Services, Brokerage & Trading Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Market Creators Ltd
Market Creators Ltd has one previous CIN (Corporate Identification Number): U74140GJ1991PLC016555. The current CIN is L74140GJ1991PLC016555, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74140GJ1991PLC016555 | Current |
| U74140GJ1991PLC016555 | Previous |
Associated Brands with Market Creators Ltd
Market Creators Ltd operates two associated brands: Market Creators and Share Mart. These brands represent Market Creators Ltd's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Online trading platform for Indian Exchanges | sharemart.co.in | |
| Web hosting and smart technology services from Ultra InfoTech. | marketcreators.net |
Competitors & Alternatives of Market Creators Ltd
Brands and companies operating in the same space as Market Creators Ltd include Angel One, Upstox, Groww and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Angel One
|
App-based brokerage stock trading platform | Mumbai, India, India | 1996 |
Upstox
|
Tech-driven trading platform is offered for low-cost brokerage services. | Mumbai, India, India | 2009 |
Groww
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An online platform for investments and trading services is offered. | Bengaluru, India, India | 2016 |
Tiger Brokers
|
Online trading of stocks, securities, and options is enabled. | Beijing, China, China | 2014 |
Interactive Brokers
|
Provider of online brokerage services and trading platforms | Greenwich, United States, United States | 1977 |
Kotak Securities
|
Online platform for stock trading, mutual funds, and investment tools. | Mumbai, India, India | 1994 |
5paisa Capital
|
Broker-based online platform for trading and investments is provided. | Thane, India, India | 2007 |
Globe Capital
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Online trading in shares, commodities, and mutual funds is enabled. | Delhi, India, India | 1984 |
Paytm Money
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App-based investments in mutual funds, stocks, and ETFs are enabled. | Bengaluru, India, India | 2017 |
Business Activity of Market Creators Ltd
Market Creators Ltd is engaged in the principal business activity of financial and insurance service, with detailed activities including financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
Business activity turnover details for Market Creators Ltd
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Market Creators Ltd
Market Creators Ltd is audited by MRNP & CO LLP (ICAI peer reviewed, certificate valid till 2027-03-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| MRNP & CO LLP (ICAI peer reviewed, certificate valid till 2027-03-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Market Creators Ltd
Market Creators Ltd is currently managed by 7 directors, with 13 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neela Jayantilal Shah | Director | 01 Oct 2014 | 11 Years 10 Months | Current |
| Nirav Naresh Patel | Director | 08 Nov 2021 | 4 Years 9 Months | Current |
|
Kalpesh Jayantilal Shah
Also directs:
Bishop Venture Llp, Bishop Event Services Llp, Tornado Investments And Finance Pvt Ltd and 1 more
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Whole-Time Director | 01 Oct 2005 | 20 Years 10 Months | Current |
| Vaishali Kalpesh Shah | Additional Director | 11 Dec 2025 | 0 Years 8 Months | Current |
| Kirit Dhirajlal Vadalia | Director | 13 Dec 2024 | 1 Years 8 Months | Current |
|
Nishant Bipin Ramani
Also directs:
Gsb Greentech Private Limited, Base Catalyst Private Limited, Base Metal Chlorinations Private Limited and 1 more
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Director | 03 Sep 2024 | 1 Years 11 Months | Current |
Financials of Market Creators Ltd FY 2026 filings available
Market Creators Ltd reported revenue of ₹5.28 Cr (down 25.48% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹5.28 Cr | ₹7.09 Cr | ₹6.66 Cr | ₹5.22 Cr | ₹7.45 Cr | ₹5.63 Cr | ₹4.56 Cr | ₹4.56 Cr |
| Other Income | ₹1.4 Cr | ₹1.49 Cr | ₹1.32 Cr | ₹1.38 Cr | ₹1.41 Cr | ₹75.09 Lakh | ₹1.2 Cr | ₹1.2 Cr |
| Total Income | ₹6.68 Cr | ₹8.57 Cr | ₹7.97 Cr | ₹6.61 Cr | ₹8.86 Cr | ₹6.38 Cr | ₹5.76 Cr | ₹5.76 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | -₹1.26 Lakh | ₹35.93 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹1.36 Cr | ₹1.41 Cr | ₹1.41 Cr | ₹1.41 Cr | ₹1.46 Cr | ₹1.36 Cr | ₹1.36 Cr | ₹1.36 Cr |
| Finance Costs | ₹1.08 Cr | ₹1.18 Cr | ₹1.05 Cr | ₹79.29 Lakh | ₹90.08 Lakh | ₹90.87 Lakh | ₹79.83 Lakh | ₹79.83 Lakh |
| Depreciation & Amortisation | ₹7.04 Lakh | ₹6.18 Lakh | ₹6.05 Lakh | ₹5.1 Lakh | ₹5.11 Lakh | ₹3.71 Lakh | ₹3.43 Lakh | ₹3.43 Lakh |
| Other Expenses | ₹4.33 Cr | ₹5.71 Cr | ₹5.08 Cr | ₹4.21 Cr | ₹5.46 Cr | ₹4.23 Cr | ₹3.56 Cr | ₹3.55 Cr |
| Total Expenses | ₹6.84 Cr | ₹8.36 Cr | ₹7.96 Cr | ₹6.46 Cr | ₹7.87 Cr | ₹6.53 Cr | ₹5.75 Cr | ₹5.74 Cr |
| Profit Before Exceptional Items & Tax | -₹15.24 Lakh | ₹21.81 Lakh | ₹1.14 Lakh | ₹14.18 Lakh | ₹99.13 Lakh | -₹14.67 Lakh | ₹86,000 | ₹1.52 Lakh |
| Exceptional Items | -₹4.9 Lakh | -₹3.62 Lakh | -₹3.2 Lakh | -₹3.61 Lakh | ₹0 | -₹95.35 Lakh | ₹0 | ₹0 |
| Profit Before Tax | -₹20.14 Lakh | ₹18.19 Lakh | -₹2.06 Lakh | ₹10.58 Lakh | ₹99.13 Lakh | -₹1.1 Cr | ₹86,000 | ₹1.52 Lakh |
| Total Tax Expense | ₹76,000 | ₹67,000 | ₹1.17 Lakh | ₹1.33 Lakh | ₹89,000 | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹20.9 Lakh | ₹17.52 Lakh | -₹3.23 Lakh | ₹9.25 Lakh | ₹98.24 Lakh | -₹1.1 Cr | ₹86,000 | ₹86,000 |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹20.9 Lakh | ₹17.52 Lakh | -₹3.23 Lakh | ₹9.25 Lakh | ₹98.24 Lakh | -₹1.1 Cr | ₹86,000 | ₹86,000 |
| EBITDA (computed) | ₹1 Cr | ₹1.46 Cr | ₹1.12 Cr | ₹98.57 Lakh | ₹1.94 Cr | ₹79.91 Lakh | ₹84.12 Lakh | ₹84.78 Lakh |
| Basic EPS | ₹-0.20 | ₹0.19 | ₹0.31 | ₹0.06 | ₹0.61 | ₹-0.69 | ₹0.01 | ₹0.01 |
| Diluted EPS | ₹-0.20 | ₹0.19 | ₹0.31 | ₹0.06 | ₹0.61 | ₹-0.69 | ₹0.01 | ₹0.01 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹48.65 Cr | ₹42.14 Cr | ₹37.79 Cr | ₹32.79 Cr | ₹23.93 Cr | ₹22.69 Cr | ₹21.16 Cr | ₹16.46 Cr |
| Non-current Assets | ₹1.81 Cr | ₹1.85 Cr | ₹1.82 Cr | ₹1.86 Cr | ₹2.01 Cr | ₹1.9 Cr | ₹1.9 Cr | ₹1.89 Cr |
| Current Assets | ₹46.84 Cr | ₹40.29 Cr | ₹35.97 Cr | ₹30.94 Cr | ₹21.92 Cr | ₹20.79 Cr | ₹19.26 Cr | ₹14.56 Cr |
| Property, Plant & Equipment | ₹80.24 Lakh | ₹91.8 Lakh | ₹86.54 Lakh | ₹86.22 Lakh | ₹71.9 Lakh | ₹72.27 Lakh | ₹73.76 Lakh | ₹71.73 Lakh |
| Inventories | ₹17.15 Cr | ₹9.98 Cr | ₹9.86 Cr | ₹10.31 Cr | ₹8.67 Cr | ₹7.65 Cr | ₹6.2 Cr | ₹6.15 Cr |
| Trade Receivables | ₹1.46 Cr | ₹1.1 Cr | ₹1.13 Cr | ₹1.22 Cr | ₹1.59 Cr | ₹1.79 Cr | ₹95.88 Lakh | ₹2.26 Cr |
| Cash & Equivalents | ₹4.84 Lakh | ₹12.44 Cr | ₹12.1 Cr | ₹15.21 Cr | ₹11.49 Cr | ₹11.13 Cr | ₹10.22 Cr | ₹84,900 |
| Equity (Net Worth) | ₹10.54 Cr | ₹10.75 Cr | ₹10.58 Cr | ₹10.61 Cr | ₹10.52 Cr | ₹9.53 Cr | ₹10.63 Cr | ₹10.62 Cr |
| Equity Share Capital | ₹10.5 Cr | ₹10.75 Cr | ₹10.5 Cr | ₹10.5 Cr | ₹10.5 Cr | ₹10.5 Cr | ₹10.5 Cr | ₹10.5 Cr |
| Borrowings (Non-current) | ₹0 | ₹6.07 Cr | ₹5.01 Cr | ₹4.56 Cr | ₹2.83 Cr | ₹2.56 Cr | ₹1.94 Cr | ₹0 |
| Borrowings (Current) | ₹5.95 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Debt (computed) | ₹5.95 Cr | ₹6.07 Cr | ₹5.01 Cr | ₹4.56 Cr | ₹2.83 Cr | ₹2.56 Cr | ₹1.94 Cr | ₹0 |
| Current Liabilities | ₹38.09 Cr | ₹25.31 Cr | ₹22.21 Cr | ₹17.63 Cr | ₹10.58 Cr | ₹10.6 Cr | ₹8.59 Cr | ₹5.84 Cr |
| Total Liabilities | ₹38.11 Cr | ₹31.39 Cr | ₹27.21 Cr | ₹22.19 Cr | ₹13.41 Cr | ₹13.15 Cr | ₹10.53 Cr | ₹5.84 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹7.9 Cr | ₹13.86 Lakh | -₹3.34 Cr | -₹3.34 Cr | ₹49.3 Lakh |
| Investing Cash Flow | -₹1.34 Cr | ₹1.39 Cr | ₹1.27 Cr | ₹1.13 Cr | ₹76.92 Lakh |
| Financing Cash Flow | ₹1.08 Cr | -₹1.18 Cr | -₹1.05 Cr | -₹79.29 Lakh | -₹90.07 Lakh |
| Capital Expenditure | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Free Cash Flow (computed) | -₹7.9 Cr | ₹13.86 Lakh | -₹3.34 Cr | -₹3.34 Cr | ₹49.3 Lakh |
| Dividends Paid | -₹1.08 Cr | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹8.16 Cr | ₹34.39 Lakh | -₹3.12 Cr | -₹3 Cr | ₹36.15 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1.46 Cr | ₹1.19 Cr | ₹1.21 Cr | ₹1.42 Cr | ₹1.23 Cr | ₹1.67 Cr | ₹2.29 Cr | ₹1.9 Cr |
| Other Income | ₹29.3 Lakh | ₹37.07 Lakh | ₹40.11 Lakh | ₹33.82 Lakh | ₹52.93 Lakh | ₹34.69 Lakh | ₹31.88 Lakh | ₹29.23 Lakh |
| Total Income | ₹1.76 Cr | ₹1.56 Cr | ₹1.61 Cr | ₹1.76 Cr | ₹1.76 Cr | ₹2.02 Cr | ₹2.61 Cr | ₹2.19 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | -₹1.26 Lakh | ₹0 | -₹1.26 Lakh | ₹0 |
| Employee Benefit Expense | ₹32.64 Lakh | ₹33.34 Lakh | ₹37.4 Lakh | ₹32.32 Lakh | ₹44.3 Lakh | ₹32.33 Lakh | ₹33.31 Lakh | ₹30.98 Lakh |
| Finance Costs | ₹15.67 Lakh | ₹23.24 Lakh | ₹35.18 Lakh | ₹34.15 Lakh | ₹32.38 Lakh | ₹28.7 Lakh | ₹28.58 Lakh | ₹28.76 Lakh |
| Depreciation & Amortisation | ₹1.81 Lakh | ₹1.84 Lakh | ₹2.07 Lakh | ₹1.32 Lakh | ₹1.72 Lakh | ₹1.55 Lakh | ₹1.16 Lakh | ₹1.74 Lakh |
| Other Expenses | ₹1.09 Cr | ₹94.76 Lakh | ₹1.08 Cr | ₹1.2 Cr | ₹1.13 Cr | ₹1.35 Cr | ₹1.76 Cr | ₹1.48 Cr |
| Total Expenses | ₹1.59 Cr | ₹1.53 Cr | ₹1.83 Cr | ₹1.88 Cr | ₹1.9 Cr | ₹1.98 Cr | ₹2.37 Cr | ₹2.09 Cr |
| Profit Before Exceptional Items & Tax | ₹16.52 Lakh | ₹2.48 Lakh | -₹22.26 Lakh | -₹11.98 Lakh | -₹13.86 Lakh | ₹3.65 Lakh | ₹23.21 Lakh | ₹10.08 Lakh |
| Exceptional Items | -₹3.54 Lakh | ₹0 | -₹1.33 Lakh | ₹0 | -₹2.25 Lakh | ₹0 | -₹1.37 Lakh | ₹0 |
| Profit Before Tax | ₹12.98 Lakh | ₹2.48 Lakh | -₹23.59 Lakh | -₹11.98 Lakh | -₹16.11 Lakh | ₹3.65 Lakh | ₹21.84 Lakh | ₹10.08 Lakh |
| Total Tax Expense | ₹38,000 | ₹0 | ₹37,000 | ₹0 | ₹51,000 | ₹0 | ₹16,000 | ₹0 |
| Net Profit | ₹12.6 Lakh | ₹2.48 Lakh | -₹23.96 Lakh | -₹11.98 Lakh | -₹16.62 Lakh | ₹3.65 Lakh | ₹21.68 Lakh | ₹10.08 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹12.6 Lakh | ₹2.48 Lakh | -₹23.96 Lakh | -₹11.98 Lakh | -₹16.62 Lakh | ₹3.65 Lakh | ₹21.68 Lakh | ₹10.08 Lakh |
| EBITDA (computed) | ₹34 Lakh | ₹27.56 Lakh | ₹14.99 Lakh | ₹23.49 Lakh | ₹20.24 Lakh | ₹33.9 Lakh | ₹52.95 Lakh | ₹40.58 Lakh |
| Basic EPS | ₹0.12 | ₹0.02 | ₹-23.00 | ₹-0.11 | ₹-0.14 | ₹0.03 | ₹0.21 | ₹0.10 |
| Diluted EPS | ₹0.12 | ₹0.02 | ₹-23.00 | ₹-0.11 | ₹-0.14 | ₹0.03 | ₹0.21 | ₹0.10 |
Shareholding Pattern of Market Creators Ltd
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 70.07%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00%, retail and other public shareholders hold 29.93% of Market Creators Ltd. The company had 4,356 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 70.07% | 71.32% | 71.32% | 71.32% | 71.32% | 71.32% |
| Public | 29.93% | 28.68% | 28.68% | 28.68% | 28.68% | 28.68% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 70.07% | 71.32% | 71.32% |
| Public | 29.93% | 28.68% | 28.68% |
| Promoter change (YoY, %pts) | -1.25 | +0.00 | - |
Charges & Borrowings of Market Creators Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Oct 2004 | State Bank of Travancore | ₹15 Cr | Satisfied |
| 20 May 2000 | Pragati Sahakari Bank | ₹1 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Market Creators Ltd
Market Creators Ltd has a workforce of 32 employees as of Mar 31, 2024.
Employee and EPFO history for Market Creators Ltd
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Market Creators Ltd
GST registrations and filing compliance for Market Creators Ltd
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Credit Ratings, Litigation & Regulatory Alerts for Market Creators Ltd
Credit ratings, litigation, and regulatory alerts for Market Creators Ltd
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MSME Payment Delays by Market Creators Ltd
MSME payment history for Market Creators Ltd
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Subsidiaries & Group Companies of Market Creators Ltd
Corporate group structure for Market Creators Ltd
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MCA Filings & Documents of Market Creators Ltd
MCA filings and documents for Market Creators Ltd
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Recent Activity on Market Creators Ltd
Recent News on Market Creators Ltd
Frequently Asked Questions about Market Creators Ltd
Market Creators Ltd is an active public limited company in the financial services sector based in Baroda-, Gujarat, India. It was incorporated on 01 November 1991 (35+ years old) and is registered under CIN L74140GJ1991PLC016555. Listed on BSE: 526891. The company has 32 employees.
Market Creators Ltd reported revenue of ₹5.28 Cr for FY 2026 (down 25.48% YoY) based on standalone BSE filings.
The current directors of Market Creators Ltd are:
- Neela Jayantilal Shah - Director
- Nirav Naresh Patel - Director
- Kalpesh Jayantilal Shah - Whole-Time Director
- Vaishali Kalpesh Shah - Additional Director
- Kirit Dhirajlal Vadalia - Director
- Nishant Bipin Ramani - Director
- Kinnari Amal Patel - Director
The primary industry of Market Creators Ltd is financial services. The company specifically operates in brokerage and trading services. The company is currently active in this sector.
Yes. Market Creators Ltd is listed on BSE with code 526891.
Market Creators Ltd can be reached at the registered office: Creative Castle70 Sampatrao Colony Off Productivity Road, Baroda – , Gujarat, India – 390005, or through the website sharemart.co.in.