Memg Securities Limited Company Logo

Memg Securities Limited - Company Profile

It is a financial services public limited company based in Bangalore, Karnataka, India, established in 1995.

1995 | Bangalore, Karnataka, India | Amalgamated
Last Updated:

About Memg Securities Limited

Memg Securities Limited, a amalgamated public limited company, was established on 30 May 1995 in Bangalore, Karnataka, India. Engaging in brokerage & trading services within the financial and insurance service sector, it holds CIN: U65110KA1995PLC017907. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹3.56 Cr.

Formerly known as Icds Securities Limited. It upholds a compliant status. Employing 1 professional, Its leadership includes Vidyadheesh Pandurangi Huchachar (Director), Muthukumar Kottarakurichi Rajamani (Director), Nisith Kumar Mohanty (Director). Past directors included Ravindranath Shanbhogue, Udupi Harish Panduranga Shenoy, Ranjan Ramdas Pai. It holds no open charges and ₹15.80 Cr settled loans. Its latest AGM occurred on 05 November 2024, with the balance sheet filed on 31 March 2024. It is based at N-115, 1St Floor,Manipal Center, Dickenson Road, Bangalore, Karnataka, 560042.

Company Details

  • CIN/LLPIN

    U65110KA1995PLC017907

  • Registration Number

    017907

  • Incorporation Date

    30 May 1995

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹3.56 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 3.56 Cr
  • Company Age 30 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 15.80 Cr
  • Revenue Growth 82.86%
  • Profit Growth 148.77%
  • Ebitda 16.12%
  • Net Worth 1.55%
  • Total Assets 3.38%
Company report

Memg Securities Limited

Company Report FY 2025-2026

Explore comprehensive insights into Memg Securities Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report Banner Element

Who are the key members and board of directors at Memg Securities Limited?

Current Directors

NameDesignationAppointment DateStatus
Vidyadheesh Pandurangi HuchacharDirector03 Jul 2023Current
Muthukumar Kottarakurichi RajamaniDirector29 Sep 2016Current
Nisith Kumar MohantyDirector04 Jul 2022Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector29 May 2015Past
Pramod AbcsddDirector29 May 2015Past
Pramod AbcsddDirector04 Jul 2022Past
Pramod AbcsddDirector26 Aug 2007Past
Pramod AbcsddAdditional Director25 Sep 2023Past
Pramod AbcsddAdditional Director28 Sep 2017Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Memg Securities.

Memg Securities Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 82.86% increase. The company also saw a substantial improvement in profitability, with a 148.77% increase in profit. The company's net worth moved up by a moderate rise of 1.55%.

Memg Securities revenue growth over time
Memg Securities profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
82.86%
Revenue from Operations
327.34%
Total Assets
3.38%
Profit or Loss
148.77%
Net Worth
1.55%
EBITDA
16.12%

What is the Ownership and Shareholding Structure of Memg Securities?

In 2023, Memg Securities had a promoter holding of 71.69% and a public holding of 28.31%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹158,000,000.00

Charges Breakdown by Lending Institutions

  • Others : 7.55 Cr
  • The Federal Bank Limited : 4.25 Cr
  • Syndicate Bank : 4.00 Cr

Latest Charge Details

DateLenderAmountStatus
23 Jun 2012Others₹7.55 CrSatisfied
07 May 2008The Federal Bank Limited₹4.25 CrSatisfied
09 Nov 2005Syndicate Bank₹4.00 CrSatisfied

Explore comprehensive loan charge details -

How Many Employees Work at Memg Securities?

Memg Securities has a workforce of 1 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Memg Securities Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Memg Securities, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Memg Securities's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Memg Securities

Recent Activity within the Organization

  • Annual General Meeting

    The activity Memg Securities Limited last Annual general meeting of members was held on 05 Nov 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Memg Securities Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Director Appointment

    The activity Vidyadheesh Pandurangi Huchachar was appointed as a Director was appointed as a Director on 03 Jul 2023 & has been associated with this company since 2 years 6 months . was completed.

  • Director Appointment

    Progress on Nisith Kumar Mohanty was appointed as a Director was appointed as a Director on 04 Jul 2022 & has been associated with this company since 3 years 6 months . was documented.

  • Charges

    Progress on A charge registered on 23 Jun 2012 via Charge ID 10366444 with Others was fully satisfied on 11 Jun 2020. was documented.

  • Charges

    Progress on A charge with Others of Rs. 7.55 Cr registered on 23 Jun 2012 with Charge ID 10366444 was modified on 14 Feb 2019. was documented.

Frequently Asked Questions

  • What is the CIN of Memg Securities Limited?

    The CIN of Memg Securities Limited is U65110KA1995PLC017907.

  • Where is Memg Securities Limited headquartered?

    Memg Securities Limited is headquartered at N-115, 1St Floor,Manipal Center, Dickenson Road, Bangalore, Karnataka, 560042.

  • When was Memg Securities Limited incorporated?

    Memg Securities Limited was incorporated on 30 May 1995.

  • Who are the current directors of Memg Securities Limited?

    The current directors of Memg Securities Limited are

  • What is the primary industry of Memg Securities Limited?

    The primary industry of Memg Securities Limited is Financial And Insurance Service.

  • Is Memg Securities Limited a listed company?

    Memg Securities Limited is unlisted.

  • What is the capital structure of Memg Securities Limited?

    The authorized capital of Memg Securities Limited is ₹10.00 Cr, and the paid-up capital is ₹3.56 Cr.

  • What is the compliance status of Memg Securities Limited?

    The compliance status of Memg Securities Limited is Compliant.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial