About Marwadi Commodity Broker Private Limited
Data last updated:
Marwadi Commodity Broker Private Limited is a private limited company based in Rajkot, Gujarat, India, a subsidiary of Marwadi Shares And Finance Limited. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 28 November 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74992GJ2001PTC040221. Its GSTIN is 24AADCM0610J1ZY (Gujarat). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.49 Cr. It is led by directors including Deven Harkishan Marwadi and Mira Deven Marwadi.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Marwadi Financial Plaza Nana Mava Main Road Off. 150 Feet Ring Road, Rajkot, Gujarat, India – 360001.
As per the financials filed for FY 2023, the company reported a revenue of ₹19.41 Cr. For the same year it recorded a net profit of ₹2.22 Cr (net margin 11.4%) and EBITDA of ₹18.63 Cr (EBITDA margin 96%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 7% over five years.
The company has about 19 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹250 Cr and satisfied charges of ₹45 Cr on record. Court records list 24 cases involving the company, including 22 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 marwadionline.com.
Company details
Contact details
Marwadi Commodity Broker Private Limited's registered office is in Rajkot, Gujarat. Its website is marwadionline.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressMarwadi Financial Plaza Nana Mava Main Road Off. 150 Feet Ring Road, Rajkot, Gujarat, India – 360001
- IndustryFinancial Services, Brokerage & Trading Services, Diversified Financial Services
To see the full contact details of Marwadi Commodity Broker 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
Business activity
The main business activity of Marwadi Commodity Broker 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 |
Financials of Marwadi Commodity Broker Private Limited
FY 2025 filings availableMarwadi Commodity Broker Private Limited reported revenue of ₹19.41 Cr for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹19.41 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹18.63 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.22 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 96% | ||||
| Net Profit Margin | 11.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Marwadi Commodity Broker Private Limited, buy the company report.
Board of directors of Marwadi Commodity Broker Private Limited
Marwadi Commodity Broker has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deven Harkishan Marwadi Also directs: Marwadi Wealth Management LLP, Marwadi Chandarana Enterprise LLP, Pixon Energy Limited and 5 more | Director | 02 Dec 2002 | 23 Years 10 Months | Current |
| Mira Deven Marwadi Also directs: Marwadi Shares and Finance Limited, Marwadi Chandarana Education Foundation, Marwadi Chandarana Educare Foundation and 3 more | Director | 04 Aug 2003 | 23 Years 2 Months | Current |
| Ketan Harkishan Marwadi Also directs: Marwadi Chandarana Enterprise LLP, Pixon Energy Limited, Pixon Green Energy Private Limited and 5 more | Director | 17 Oct 2003 | 23 Years 0 Months | Current |
| Sandip Harkishan Marwadi Also directs: Marwadi Wealth Management LLP, Marwadi Chandarana Enterprise LLP, Pixon Energy Limited and 5 more | Director | 02 Dec 2002 | 23 Years 10 Months | Current |
Peer comparison
Marwadi Commodity Broker Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Broking Services), 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 |
|---|---|---|---|---|---|---|
| Kaviraj Securities Private Limited | ₹19.52 Cr (FY 2025) | 91.0% | Mumbai, Maharashtra, India | |||
| Famous Developers Private Limited | ₹19.42 Cr (FY 2024) | 82.0% | Mumbai, Maharashtra, India | |||
| Marwadi Commodity Broker Private Limitedthis company | ₹19.41 Cr (FY 2023) | ₹2.22 Cr | 11.4% | 19 | Rajkot, Gujarat, India | |
| Premium Polycot Pvt Ltd | ₹19.35 Cr (FY 2025) | -28.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Marwadi Commodity Broker Private Limited, buy the company report.
Auditor
Marwadi Commodity Broker Private Limited is audited by Mandaliya and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mandaliya and Associates | FY 2023 | 131786W |
Shareholding
The shareholding of Marwadi Commodity Broker Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Marwadi Commodity Broker Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Mar 2024 | 100879375 | Others | ₹150 Cr | Open | |
| 16 May 2022 | 100580902 | Axis Bank Limited | ₹100 Cr | Open | |
| 10 May 2017 | 100100668 | Others | ₹25 Cr | Satisfied | |
| 06 Feb 2016 | 10626395 | Idbi Bank Limited | ₹10 Cr | Satisfied | |
| 17 Apr 2014 | 10500661 | Idbi Bank Limited | ₹5 Cr | Satisfied |
To see the full charge records of Marwadi Commodity Broker Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Marwadi Commodity Broker Private Limited has 24 court cases on record: 22 filed by Marwadi Commodity Broker, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 0 | 0 |
| High courts | 3 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0320-Direct Taxes Matter : Re-assessment/Revisional Power/Rectification) | Filed against the company by The Assistant Commissioner of Income Tax, Circle-2 (1) | Disposed |
| NCLT, Ahmedabad | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 1 other | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against The Assistant Commissioner of Income Tax, Acit Cir ( | Disposed |
| District court, RAJKOT, Gujarat | Court case (SMST R) | Filed by the company against an individual | Disposed |
To see the full case history of Marwadi Commodity Broker Private 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 Marwadi Commodity Broker Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Marwadi Commodity Broker has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Marwadi Bullions Private Limited | U52393GJ2002PTC041678 | |
| Marwadi Finlease Private Limited | U65923GJ1996PTC031401 |
To see the full group structure of Marwadi Commodity Broker Private Limited, buy the company report.
Employees & EPFO
Marwadi Commodity Broker Private Limited has a workforce of 19 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Marwadi Commodity Broker has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCM0610J1ZY | Gujarat | Active | 01 Jul 2017 |
| 27AADCM0610J1ZS | Maharashtra | Active | 04 Aug 2017 |
| 08AADCM0610J1ZS | Rajasthan | Active | 19 Aug 2017 |
| 26AADCM0610J1ZU | Daman & Diu | Active | 01 Aug 2020 |
To see the full GST registrations and return filing status of Marwadi Commodity Broker Private Limited, buy the company report.
Recent activity
Marwadi Commodity Broker Private Limited has 6 board changes on record since 2002: 4 appointments and 2 cessations. The latest: Kanan Sandeep Marwadi ceased to be Additional Director on 26 Sep 2018.
8 earlier events are in the company report.
Frequently asked questions
Marwadi Commodity Broker is an active private limited company based in Rajkot, Gujarat, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 28 November 2001 (25+ years old) and is registered under CIN U74992GJ2001PTC040221.
Marwadi Commodity Broker has 4 current directors:
- Deven Harkishan Marwadi - Director
- Mira Deven Marwadi - Director
- Ketan Harkishan Marwadi - Director
- Sandip Harkishan Marwadi - Director
The latest financial statements of Marwadi Commodity Broker on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Marwadi Commodity Broker is 24AADCM0610J1ZY, registered in Gujarat. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 27AADCM0610J1ZS (Maharashtra), 08AADCM0610J1ZS (Rajasthan), 26AADCM0610J1ZU (Daman & Diu).
The CIN (Corporate Identification Number) of Marwadi Commodity Broker is U74992GJ2001PTC040221. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marwadi Commodity Broker has 24 court cases on record: 22 filed by the company and 2 filed against it. Most are in the district courts.
Marwadi Commodity Broker was incorporated on 28 November 2001, making it 25+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Marwadi Commodity Broker by revenue are Kaviraj Securities Private Limited, Famous Developers Private Limited, Premium Polycot Pvt Ltd, all in the BFSI industry (Broking Services), with the same principal business activity (other financial activities).
Kanan Sandeep Marwadi ceased to be Additional Director on 26 Sep 2018. Piyush Rajnikant Marwadi ceased to be Additional Director on 26 Sep 2018. Ketan Harkishan Marwadi was appointed as Director on 17 Oct 2003. Marwadi Commodity Broker has 6 board changes on record in total.
Marwadi Commodity Broker can be reached through the website marwadionline.com. Its registered office is in Rajkot, Gujarat, India.
The registered office of Marwadi Commodity Broker is at Marwadi Financial Plaza Nana Mava Main Road Off. 150 Feet Ring Road, Rajkot, Gujarat, India – 360001.