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:
Access Report
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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

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 Metrics
  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 3.56 Cr
  • Company Age 30 Year, 9 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

Comprehensive Company Insights

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
Who are the key members and board of directors at Memg Securities Limited?
Current Directors
Name Designation Appointment Date Status
Vidyadheesh Pandurangi Huchachar Director 03 Jul 2023 Current
Muthukumar Kottarakurichi Rajamani Director 29 Sep 2016 Current
Nisith Kumar Mohanty Director 04 Jul 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 29 May 2015 Past
Pramod Abcsdd Director 29 May 2015 Past
Pramod Abcsdd Director 04 Jul 2022 Past
Pramod Abcsdd Director 26 Aug 2007 Past
Pramod Abcsdd Additional Director 25 Sep 2023 Past
Pramod Abcsdd Additional Director 28 Sep 2017 Past

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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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
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 ₹4.00 Cr Satisfied

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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Memg Securities
Recent Activity within the Organization
  • Annual General Meeting

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

  • 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 7 months . was completed.

  • Director Appointment

    The activity 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 7 months . was completed.

  • 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.

Explore recent activity and updates - View Recent Activity

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.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available