MB Securities Limited - financial services in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U65993TN1994PLC026640 Incorporated 27 January 1994 ROC Chennai HQ Chennai, Tamil Nadu, India
Struck Off Public Limited Company financial services
Data last updated
Revenue · FY 2016
₹18,825
▼ 35% YoY
Net loss · FY 2016
₹2.45 Lakh
Latest filing
EBITDA · FY 2016
-₹2.43 Lakh
Latest filing
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹60 Lakh
Issued & subscribed
Company age
32 yrs
Est. 1994
Directors on board
4
As per MCA filings
Last financials
Mar 2016
Balance sheet date

About MB Securities Limited

Data last updated:

MB Securities Limited was a public limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Mont Blanc Financial Services Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the consultancy services segment of the financial services sector. It was incorporated on 27 January 1994.

The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U65993TN1994PLC026640.

The company had an authorised share capital of ₹60 Lakh and a paid-up capital of ₹60 Lakh. It was led by directors including Natarajan Ramakrishnan and Murugan Ayyappan.

Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at First Floor Abhinav Centre No.4 Co – Operative Colony Off Chamiers Road, Chennai, Tamil Nadu, India – 600018.

As per the financials filed for FY 2016, the company reported a revenue of ₹18,825, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹2.45 Lakh and EBITDA of -₹2.43 Lakh.

Company details

CIN U65993TN1994PLC026640
Registration Number 026640
Incorporation Date 27 January 1994
ROC Chennai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2016
Date of Balance Sheet 31 March 2016
Parent Company Mont Blanc Financial Services Limited

Contact details

MB Securities Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    First Floor Abhinav Centre No.4 Co – Operative Colony Off Chamiers Road, Chennai, Tamil Nadu, India – 600018
  • Industry
    Financial Services, Consultancy, Advisory, Financial Brokerage

To see the full contact details of MB Securities Limited, buy the company report.

Comprehensive company report
MB Securities Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of MB Securities is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK7Financial Advisory, brokerage and Consultancy Services

To see the full business activity and turnover split of MB Securities Limited, buy the company report.

Financials of MB Securities Limited

FY 2016 filings available

MB Securities Limited reported revenue of ₹18,825 (down 35% YoY) for FY 2016.

Revenue · FY 2016
₹18,825 ▼ 35%
Net loss · FY 2016
₹2.45 Lakh
EBITDA · FY 2016
-₹2.43 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 35%
EBITDA CAGR growth
1 year
▲ 37%

Revenue fell 35% in the latest year. EBITDA rose 37% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2015-16FY 2014-15
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-₹2.43 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹2.45 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

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin
Net Profit Margin
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 MB Securities Limited, buy the company report.

Board of directors of MB Securities Limited

MB Securities has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Natarajan RamakrishnanDirector10 Feb 199927 Years 8 MonthsAs last reported
Murugan AyyappanDirector27 Jan 199432 Years 8 MonthsAs last reported
Nagasubramanian ChandrasekaranDirector27 Jan 199432 Years 8 MonthsAs last reported
Gita ChandrasekaranAdditional Director30 Sep 201511 Years 0 MonthsAs last reported

Peer comparison

MB Securities Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Vindhya Tie-Up Private Limited₹19,120 (FY 2022)-99.0%Kolkata, West Bengal, India
Symvolous Global Private Limited₹19,000 (FY 2021)Bangalore, Karnataka, India
Money Kinggdom Private Limited₹18,999 (FY 2024)Delhi, India
Radison Investment Advisory Private Limited₹18,928 (FY 2018)Kolkata, West Bengal, India
Vigyan Insurance Marketing Private Limited₹18,902 (FY 2021)-74.0%New Delhi, Delhi, India
MB Securities Limitedthis company₹18,825 (FY 2016)-₹2.45 Lakh-35.0%Chennai, Tamil Nadu, India
S.K.Associates Pvt Ltd₹18,782 (FY 2016)-72.0%Gujarat, India
Oxford Lifestyle Communication Limited₹18,728 (FY 2025)-83.0%Hazaribagh, Jharkhand, India
Economy Financial Advisory Private Limited₹18,728 (FY 2018)Kolkata, West Bengal, India
Nadig Advisors Private Limited₹18,704 (FY 2025)-99.0%Bangalore, Karnataka, India
Savers Point Financial Services Private Limited₹18,685 (FY 2025)-8.0%Jhansi, Uttar Pradesh, India

To see the full peer comparison of MB Securities Limited, buy the company report.

Auditor

MB Securities Limited is audited by T.XAVIER for the financial year 2015.

Auditor firmFinancial yearFirm registration number
T.XAVIERFY 2015028467

Shareholding

The shareholding of MB Securities Limited is on record for FY 2015, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of MB Securities Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for MB 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 MB Securities Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

MB Securities Limited has 6 board changes on record since 1994: 4 appointments and 2 cessations. The latest: Gita Chandrasekaran was appointed as Additional Director on 30 Sep 2015.

AGM
Mb Securities Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.
Filing
Mb Securities Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Chennai.
Appointed
Gita Chandrasekaran was appointed as Additional Director.
Ceased
Murugan Ayyappan ceased to be Director.
Ceased
Ramanathan Vaidyanathan ceased to be Director.
Appointed
Natarajan Ramakrishnan was appointed as Director.
Appointed
Murugan Ayyappan was appointed as Director.
Appointed
Nagasubramanian Chandrasekaran was appointed as Director.
Incorporation
27 Jan 1994
Mb Securities Limited was registered on 27 Jan 1994 with Roc Chennai & aged 32 years 8 months as per MCA records.

Frequently asked questions

MB Securities has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

MB Securities was a public limited company based in Chennai, Tamil Nadu, India. The company worked in consultancy, within the financial services industry. It was incorporated on 27 January 1994 and is registered under CIN U65993TN1994PLC026640. The company has been struck off by the Registrar of Companies and is no longer operational.

MB Securities had 4 directors:

The CIN (Corporate Identification Number) of MB Securities is U65993TN1994PLC026640. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of MB Securities is at First Floor Abhinav Centre No.4 Co – Operative Colony Off Chamiers Road, Chennai, Tamil Nadu, India – 600018.

MB Securities was incorporated on 27 January 1994. It is registered with the Registrar of Companies, Chennai.

The latest financial statements of MB Securities on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.

MB Securities operated in the financial services industry, in the consultancy segment. It worked in this industry before it was struck off.

The peers of MB Securities by revenue are Vindhya Tie-Up Private Limited, Symvolous Global Private Limited, Money Kinggdom Private Limited, Radison Investment Advisory Private Limited, Vigyan Insurance Marketing Private Limited and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).

Gita Chandrasekaran was appointed as Additional Director on 30 Sep 2015. Murugan Ayyappan ceased to be Director on 27 Apr 2015. Ramanathan Vaidyanathan ceased to be Director on 13 Apr 2012. MB Securities has 6 board changes on record in total.

MB Securities can be reached at its registered office: First Floor Abhinav Centre No.4 Co – Operative Colony Off Chamiers Road, Chennai, Tamil Nadu, India – 600018.