Master Securities Limited
About Master Securities Limited
Data last updated:
Master 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 25 February 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1993PLC070932.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.92 Cr. It is led by directors including Vipul Mahasukhlal Gopani and Alkesh Mahasukh Gopani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.62 Lakh, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹12.58 Lakh (net margin 80.6%) and EBITDA of ₹14.96 Lakh (EBITDA margin 95.8%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressA Wing 702 7th Floor Plot – Fp 616 (Pt) Naman Midtown Senapati Bapat Marg Elph, Instone Rd, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Brokerage & Trading Services
- 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
- One PDF report, delivered after checkout
Financials of Master Securities Limited FY 2024 filings available
Master Securities Limited reported revenue of ₹15.62 Lakh (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Master Securities Limited
Revenue has grown at a compounded annual rate (CAGR) of 4% over three years, including 13% 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 of Master Securities Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹14.96 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.58 Lakh | •••• | •••• | •••• | •••• |
| 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 of Master Securities Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 95.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 80.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Master Securities are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Master Securities Limited
Master Securities Limited is compared with the companies closest to it by revenue in the BFSI industry (Broking Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Secure Future Investment Services Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Grootztradingcore Broking Services Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Mahipat Raichand Share Broking Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Zorba Tradex Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Vaibhav Collections Private Limited | •••• | •••• | •••• | •••• | - | Saltlake, West Bengal, India |
| Master Securities Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Earnest Achievers Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Alucast Engineering Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Sunview Trademart Private Limited | •••• | •••• | •••• | •••• | - | Bhiwadi, Rajasthan, India |
| VG Holdings Private Limited | •••• | •••• | •••• | •••• | - | Faridabad, Haryana, India |
| Ambuja Consultancy Services Private Limited | •••• | •••• | •••• | •••• | - | Kolkatta, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Master Securities by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Master Securities Limited
Master Securities Limited is audited by Vinod S Mehta & Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Vinod S Mehta & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Master Securities Limited
Master Securities has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipul Mahasukhlal Gopani Also directs: JVSR Ventures LLP, VNS Industries Private Limited, Swastik Decoiling and Fabrication Pvt Ltd and 1 more | Director | 15 Sep 2008 | 18 Years 0 Months | Current |
| Alkesh Mahasukh Gopani Also directs: Gopani Developers Private Limited, Gopani Industries Private Limited, Gopani Metal Industries Private Limited and 1 more | Director | 15 May 2001 | 25 Years 4 Months | Current |
| Shrey Alkesh Gopani Also directs: Gopani Industries Private Limited, Gopani Metal Industries Private Limited, Gopani Steel Industries Private Limited and 2 more | Additional Director | 01 Sep 2025 | 1 Years 1 Months | Current |
Ownership and Shareholding of Master Securities Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Master Securities Limited
Master Securities Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Master Securities Limited
Employment history and EPFO contributions of people linked to Master Securities.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Master Securities Limited
Master Securities has one previous CIN (Corporate Identification Number): U67120MH1993PTC070932. The current CIN is U67120MH1993PLC070932, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120MH1993PLC070932 | Current |
| U67120MH1993PTC070932 | Previous |
Recent Activity on Master Securities Limited
Master Securities Limited has 6 board changes on record since 2001: 4 appointments and 2 cessations. The latest: Shrey Alkesh Gopani was appointed as Additional Director on 01 Sep 2025.
Credit Ratings, Litigation & Regulatory Alerts for Master Securities Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Master Securities Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Master Securities Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Master Securities Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Master Securities Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Master Securities Limited
Master 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 25 February 1993 (33+ years old) and is registered under CIN U67120MH1993PLC070932.
Master Securities reported revenue of ₹15.62 Lakh for FY 2025 (up 13% YoY).
Master Securities has 3 current directors:
- Vipul Mahasukhlal Gopani - Director
- Alkesh Mahasukh Gopani - Director
- Shrey Alkesh Gopani - Additional Director
Master Securities reported a net profit of ₹12.58 Lakh (net margin 80.6%) and EBITDA of ₹14.96 Lakh (EBITDA margin 95.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Master Securities is 4% over three years. In the latest year (FY 2025) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Master Securities is U67120MH1993PLC070932. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Master Securities was incorporated on 25 February 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Master Securities by revenue are Secure Future Investment Services Private Limited, Grootztradingcore Broking Services Private Limited, Mahipat Raichand Share Broking Private Limited, Zorba Tradex Private Limited, Vaibhav Collections Private Limited and 5 more, all in the BFSI industry (Broking Services).
Shrey Alkesh Gopani was appointed as Additional Director on 01 Sep 2025. Alkesh Ramniklal Gosalia ceased to be Additional Director on 08 Jul 2015. Pradeep Ramniklal Gosalia ceased to be Additional Director on 08 Jul 2015. Master Securities has 6 board changes on record in total.
The registered office of Master Securities is at A Wing 702 7th Floor Plot – Fp 616 Pt Naman Midtown Senapati Bapat Marg Elph, Instone Rd, Mumbai, Maharashtra, India – 400013.
Master Securities has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.92 Cr.