- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0161026

About Market Pulse Securities Private Limited
Data last updated:
Market Pulse Securities Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Market Pulse Technologies Private Limited. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 27 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2021PTC356067. Its GSTIN is 27AAOCM3533B1ZM (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.05 Cr. It is led by directors Hiral Babulal Jain and Arshad Fahoum Burhan.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Off No. 9/10 4th Flr 156 Agnelo House C.T.S No F/186 S. V. Road Khar West, Mumbai, Maharashtra, India – 400052.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.3 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹23.64 Cr (net margin -323.6%) and EBITDA of -₹23.51 Cr (EBITDA margin -321.8%). Revenue has grown at a compounded annual rate (CAGR) of 614% over three years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Market Pulse and Punch. As per MCA filings, the company has satisfied charges of ₹4.25 Cr on record. The company has 3 deals on record (3 rights issues); the latest was in May 2022.
Market Pulse Securities Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0161026). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website market-pulse.in.
Company details
Recognitions & Rankings of Market Pulse Securities
Contact details
Market Pulse Securities Private Limited's registered office is in Mumbai, Maharashtra. Its website is market-pulse.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressOff No. 9/10 4th Flr 156 Agnelo House C.T.S No F/186 S. V. Road Khar West, Mumbai, Maharashtra, India – 400052
- IndustryInternet, Online Financial Services
To see the full contact details of Market Pulse 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
Brands
Market Pulse Securities operates two associated brands: Market Pulse and Punch. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A mobile superapp for equity trading and analysis is operated. | market-pulse.in | |
| Punch is recognized as a high-speed trading platform for options. | punch.trade |
Business activity
The main business activity of Market Pulse 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 Market Pulse Securities Private Limited, buy the company report.
Financials of Market Pulse Securities Private Limited
FY 2025 filings availableMarket Pulse Securities Private Limited reported revenue of ₹7.3 Cr (up 474% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 614% over three years, including 474% growth in the latest year. EBITDA fell 338% 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 | -₹23.51 Cr | ||||
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| Net Profit (PAT) | -₹23.64 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -321.8% | ||||
| Net Profit Margin | -323.6% | ||||
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To see the full financial statements and ratios of Market Pulse Securities Private Limited, buy the company report.
Board of directors and KMP of Market Pulse Securities Private Limited
Market Pulse Securities Private Limited currently reports 2 directors and 1 key managerial person. 2 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiral Babulal Jain Also directs: Market Pulse Technologies Private Limited | Director | 27 Feb 2021 | 5 Years 8 Months | Current |
| Amit Kanhaiyalal Dhakad Also directs: Market Pulse Technologies Private Limited | Ceo | 24 Aug 2024 | 2 Years 2 Months | Current |
| Arshad Fahoum Burhan | Director | 27 Feb 2021 | 5 Years 8 Months | Current |
Auditor
Market Pulse Securities Private Limited is audited by BANWAT & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BANWAT & Co. | FY 2023 | AAHFB2425P |
Shareholding
The shareholding of Market Pulse Securities Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Market Pulse Securities Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jul 2023 | 100870317 | Others | ₹4.25 Cr | Satisfied |
To see the full charge records of Market Pulse Securities Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Market Pulse Securities Private Limited has 3 deals on record (3 rights issues); the latest was in May 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2022 | Rights issue | ₹3.51 Cr | Investors: Market Pulse Technologies Private Limited |
| Dec 2021 | Rights issue | ₹99 Lakh | Investors: Market Pulse Technologies Private Limited |
| Apr 2021 | Rights issue | ₹2 Cr | Investors: Market Pulse Technologies Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Market Pulse Securities Private Limited 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 Market Pulse Securities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Market Pulse Securities Private Limited has a workforce of 16 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Market Pulse Securities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCM3533B1ZM | Maharashtra | Active | 10 May 2021 |
To see the full GST registrations and return filing status of Market Pulse Securities Private Limited, buy the company report.
Recent activity
Market Pulse Securities Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Amit Kanhaiyalal Dhakad was appointed as CEO on 24 Aug 2024.
Frequently asked questions
Market Pulse Securities is an active private limited company based in Mumbai, Maharashtra, India. The company works in online financial services, within the internet industry. It was incorporated on 27 February 2021 (5+ years old) and is registered under CIN U67190MH2021PTC356067.
Market Pulse Securities has 3 current directors and KMP:
- Hiral Babulal Jain - Director
- Arshad Fahoum Burhan - Director
- Amit Kanhaiyalal Dhakad - Ceo
The latest financial statements of Market Pulse Securities on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Market Pulse Securities is 27AAOCM3533B1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Market Pulse Securities is U67190MH2021PTC356067. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Market Pulse Securities was incorporated on 27 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Market Pulse Securities has 3 deals on record (3 rights issues); the latest was in May 2022.
Amit Kanhaiyalal Dhakad was appointed as CEO on 24 Aug 2024. Arshad Fahoum Burhan was appointed as Director on 27 Feb 2021. Hiral Babulal Jain was appointed as Director on 27 Feb 2021.
Yes, Market Pulse Securities is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0161026).
Market Pulse Securities can be reached through the website market-pulse.in. Its registered office is in Mumbai, Maharashtra, India.

