About Memg Securities Limited
Data last updated: 08 September 2025
Memg Securities Limited was a public limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Manipal Education And Medical Group India Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in brokerage and trading services, a part of the broader financial services sector. Incorporated on 30 May 1995.
Registered with ROC Bangalore under CIN U65110KA1995PLC017907.
Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.56 Cr. Formerly known as Icds Securities Limited. It was led by directors including Vidyadheesh Pandurangi Huchachar and Muthukumar Kottarakurichi Rajamani.
Last AGM: 05 November 2024. Financial statements filed for year ended 31 March 2024. Office: N – 115 1St Floor Manipal Center Dickenson Road, Bangalore, Karnataka, India – 560042.
As per the financials filed for FY 2024, the company reported a revenue of ₹71.86 Lakh, a growth of 69% compared to the previous year.
The company had a reported workforce of approximately 1 employees prior to being dissolved. It operated as a subsidiary of Manipal Education And Medical Group India Private Limited.
The company was associated with 1 brand - Memg Securities. As per MCA filings, the company had satisfied charges of ₹15.8 Cr on record.
The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is memgsecurities.com.
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Registered AddressN – 115 1St Floor Manipal Center Dickenson Road, Bangalore, Karnataka, India – 560042
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IndustryFinancial Services, Brokerage & Trading Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Memg Securities Limited
Memg Securities Limited has one previous CIN (Corporate Identification Number): L65110KA1995PLC017907. The current CIN is U65110KA1995PLC017907, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65110KA1995PLC017907 | Current |
| L65110KA1995PLC017907 | Previous |
Associated Brands with Memg Securities Limited
Memg Securities Limited operates one associated brand: MEMG Securities. These brands represent Memg Securities Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Securities broking, trading, and investment services for retail and corporate clients. | memgsecurities.com |
Business Activity of Memg Securities Limited
Memg Securities Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
Business activity turnover details for Memg Securities Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Memg Securities Limited
Memg Securities Limited is audited by PATHAK H D & ASSOCIATES LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PATHAK H D & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history for Memg Securities Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Memg Securities Limited
Memg Securities Limited is currently managed by 3 directors, with 14 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vidyadheesh Pandurangi Huchachar | Director | 03 Jul 2023 | 3 Years 1 Months | As last reported |
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Muthukumar Kottarakurichi Rajamani
Also directs:
Eqifex Llp, Medibimb Lifesciences Private Limited
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Director | 29 Sep 2016 | 9 Years 10 Months | As last reported |
| Nisith Kumar Mohanty | Director | 04 Jul 2022 | 4 Years 1 Months | As last reported |
Financials of Memg Securities Limited FY 2024 filings available
Memg Securities Limited reported revenue of ₹71.86 Lakh (up 69.00% YoY) for FY 2024.
Ten-year financial statements for Memg Securities Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Memg Securities Limited
Shareholding and ownership data for Memg Securities Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Memg Securities Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jun 2012 | Others | ₹7.55 Cr | Satisfied |
| 07 May 2008 | The Federal Bank Limited | ₹4.25 Cr | Satisfied |
| 09 Nov 2005 | Syndicate Bank | ₹4 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Memg Securities Limited
Memg Securities Limited has a workforce of 1 employees as of Apr 07, 2024.
Employee and EPFO history for Memg Securities Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Memg Securities Limited
GST registrations and filing compliance for Memg Securities Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Memg Securities Limited
Credit ratings, litigation, and regulatory alerts for Memg Securities Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Memg Securities Limited
MSME payment history for Memg Securities Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Memg Securities Limited
Corporate group structure for Memg Securities Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Memg Securities Limited
MCA filings and documents for Memg Securities Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Memg Securities Limited
Frequently Asked Questions about Memg Securities Limited
Memg Securities Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Memg Securities Limited is a amalgamated public limited company in the financial services sector based in Bangalore, Karnataka, India. It was incorporated on 30 May 1995 and is registered under CIN U65110KA1995PLC017907. The company was amalgamated as per MCA records and no longer exists as a legal entity.
Memg Securities Limited was incorporated on 30 May 1995. Registered with ROC Bangalore.
The current directors of Memg Securities Limited are:
- Vidyadheesh Pandurangi Huchachar - Director
- Muthukumar Kottarakurichi Rajamani - Director
- Nisith Kumar Mohanty - Director
The CIN (Corporate Identification Number) of Memg Securities Limited is U65110KA1995PLC017907. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Memg Securities Limited is financial services. The company specifically operates in brokerage and trading services.