About Mib Securities India Private Limited
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Mib Securities India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Maybank Ibg Holdings Limited. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 20 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2007FTC188950. Its GSTIN is 27AADCK0297K1Z9 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹95 Cr. It was formerly known as Kim Eng Securities India Private Limited. It is led by directors including Jigar Arvindkumar Shah (Whole-Time Director) and Aditya Vijay Laroia.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit 1101 11th Floor A Wing Kanakia Wall Street Chakala Andheri – Kurla Road Andheri (E), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.8 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹8.45 Cr (net margin 32.8%) and EBITDA of ₹8.69 Cr (EBITDA margin 33.7%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 26% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Maybank KE. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maybank-ke.com.
Company details
CIN history
Mib Securities India has one previous CIN (Corporate Identification Number): U67190DL2007FTC160780. The current CIN is U67190MH2007FTC188950, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67190MH2007FTC188950 | Current |
| U67190DL2007FTC160780 | Previous |
Contact details
Mib Securities India Private Limited's registered office is in Mumbai, Maharashtra. Its website is maybank-ke.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit 1101 11th Floor A Wing Kanakia Wall Street Chakala Andheri – Kurla Road Andheri (E), Mumbai, Maharashtra, India – 400093
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Mib Securities India Private Limited, buy the company report.
- 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
Brands
Mib Securities India operates one associated brand: Maybank KE. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Global investment bank | maybank-ke.com |
Business activity
The main business activity of Mib Securities India is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Mib Securities India Private Limited, buy the company report.
Financials of Mib Securities India Private Limited
FY 2025 filings availableMib Securities India Private Limited reported revenue of ₹25.8 Cr (up 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 44% growth in the latest year. EBITDA rose 78% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.69 Cr | ||||
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| Net Profit (PAT) | ₹8.45 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33.7% | ||||
| Net Profit Margin | 32.8% | ||||
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To see the full financial statements and ratios of Mib Securities India Private Limited, buy the company report.
Board of directors of Mib Securities India Private Limited
Mib Securities India has 3 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jigar Arvindkumar Shah | Whole-Time Director | 01 Apr 2014 | 12 Years 6 Months | Current |
| Aditya Vijay Laroia | Director | 15 Mar 2024 | 2 Years 7 Months | Current |
| Ezrina Binti Mahadzir | Director | 24 Sep 2024 | 2 Years 0 Months | Current |
Auditor
Mib Securities India Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Mib Securities India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mib Securities India Private Limited, buy the company report.
Legal cases
Mib Securities India Private Limited has 3 court cases on record: 3 filed by Mib Securities India. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed by the company | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
To see the full case history of Mib Securities India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mib Securities India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mib Securities India Private Limited has a workforce of 2 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Mib Securities India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCK0297K1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mib Securities India Private Limited, buy the company report.
Recent activity
Mib Securities India Private Limited has 20 board changes on record since 2008: 4 appointments and 16 cessations. The latest: Ezrina Binti Mahadzir was appointed as Director on 24 Sep 2024.
11 earlier events are in the company report.
Frequently asked questions
Mib Securities India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 20 March 2007 (19+ years old) and is registered under CIN U67190MH2007FTC188950.
Mib Securities India has 3 current directors:
- Jigar Arvindkumar Shah - Whole-Time Director
- Aditya Vijay Laroia - Director
- Ezrina Binti Mahadzir - Director
The latest financial statements of Mib Securities India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mib Securities India is 27AADCK0297K1Z9, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mib Securities India is U67190MH2007FTC188950. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mib Securities India has 3 court cases on record: 3 filed by the company.
Mib Securities India was incorporated on 20 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Ezrina Binti Mahadzir was appointed as Director on 24 Sep 2024. Aditya Vijay Laroia ceased to be Additional Director on 23 Sep 2024. Aditya Vijay Laroia was appointed as Director on 15 Mar 2024. Mib Securities India has 20 board changes on record in total.
Mib Securities India can be reached through the website maybank-ke.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Mib Securities India is at Unit 1101 11th Floor A Wing Kanakia Wall Street Chakala Andheri – Kurla Road Andheri E, Mumbai, Maharashtra, India – 400093.