Mind Securities Private Limited
About Mind Securities Private Limited
Data last updated:
Mind Securities Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the financial brokerage segment of the financial services sector. It was incorporated on 03 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1995PTC084269. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.67 Cr. It is led by directors including Indravadan Ranchhoddas Shah and Mulraj Indravadan Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 11 13 Botawala Bldgroom No 7 2nd Floor Horniman Circle, Mumbai, Maharashtra, India – 400023.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.25 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹7.77 Cr (net margin 84%) and EBITDA of ₹9.29 Cr (EBITDA margin 100.5%). Revenue has grown at a compounded annual rate (CAGR) of 204% over three years and 96% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address11 13 Botawala Bldgroom No 7 2nd Floor Horniman Circle, Mumbai, Maharashtra, India – 400023
- IndustryFinancial Services, Financial Brokerage, Advisory, Financial Activities, Consultancy
- 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
- One PDF report, delivered after checkout
Financials of Mind Securities Private Limited FY 2025 filings available
Mind Securities Private Limited reported revenue of ₹9.25 Cr (up 2818% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Mind Securities Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 96% over five years. 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 of Mind Securities Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹9.29 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.77 Cr | •••• | •••• | •••• | •••• |
| 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 of Mind Securities Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 100.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 84% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mind Securities are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Mind Securities Private Limited
Mind Securities Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Broking Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhai Investments Private Limited | ₹9.28 Cr (FY 2022) | •••• | •••• | 20465.0% | •••• | Delhi, India |
| Mintcap Enterprises Private Limited | ₹9.26 Cr (FY 2025) | •••• | •••• | 1068.0% | •••• | Bangalore, Karnataka, India |
| SN Capital Management Private Limited | ₹9.26 Cr (FY 2024) | •••• | •••• | 296.0% | •••• | Noida, Uttar Pradesh, India |
| J.B. Trading Company Private Limited | ₹9.26 Cr (FY 2025) | •••• | •••• | 1454.0% | •••• | Howrah, West Bengal, India |
| Opulent Investment Adviser Private Limited | ₹9.26 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Mumbai, Maharashtra, India |
| Mind Securities Private Limited this company | ₹9.25 Cr (FY 2024) | •••• | •••• | 2818.0% | •••• | Mumbai, Maharashtra, India |
| Epp Securities Private Limited | ₹9.25 Cr (FY 2025) | •••• | •••• | 293.0% | •••• | Rajkot, Gujarat, India |
| Dinesh Stainless Private Limited | ₹9.23 Cr (FY 2025) | •••• | •••• | 449.0% | •••• | Ahmedabad, Gujarat, India |
| Bimtek Capital Private Limited | ₹9.23 Cr (FY 2025) | •••• | •••• | 174.0% | •••• | Delhi, India |
| V C Jhaveri Realty Private Limited | ₹9.22 Cr (FY 2025) | •••• | •••• | -92.0% | •••• | Mumbai, Maharashtra, India |
| Excel Debt Broking Private Limited | ₹9.2 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Mind Securities by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mind Securities Private Limited
Mind Securities Private Limited is audited by KIRTI JAMNADAS SHAH for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KIRTI JAMNADAS SHAH | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mind Securities Private Limited
Mind Securities has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Indravadan Ranchhoddas Shah | Director | 03 Jan 1995 | 31 Years 9 Months | Current |
| Mulraj Indravadan Shah | Director | 03 Jan 1995 | 31 Years 9 Months | Current |
| Dhimant Indravadan Shah | Director | 03 Jan 1995 | 31 Years 9 Months | Current |
| Nimesh Indravadan Shah | Director | 03 Jan 1995 | 31 Years 9 Months | Current |
Ownership and Shareholding of Mind Securities Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mind Securities Private Limited
Mind Securities Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mind Securities Private Limited
Employment history and EPFO contributions of people linked to Mind Securities.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Mind Securities Private Limited
Mind Securities Private Limited has 4 board changes on record since 1995: 4 appointments. The latest: Dhimant Indravadan Shah was appointed as Director on 03 Jan 1995.
Credit Ratings, Litigation & Regulatory Alerts for Mind Securities Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mind Securities Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mind Securities Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mind Securities Private Limited
Mind Securities has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mind Securities Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Mind Securities Private Limited
Mind Securities is an active private limited company based in Mumbai, Maharashtra, India. The company works in financial brokerage, within the financial services industry. It was incorporated on 03 January 1995 (31+ years old) and is registered under CIN U67120MH1995PTC084269.
Mind Securities reported revenue of ₹9.25 Cr for FY 2024 (up 2818% YoY).
Mind Securities has 4 current directors:
- Indravadan Ranchhoddas Shah - Director
- Mulraj Indravadan Shah - Director
- Dhimant Indravadan Shah - Director
- Nimesh Indravadan Shah - Director
Mind Securities reported a net profit of ₹7.77 Cr (net margin 84%) and EBITDA of ₹9.29 Cr (EBITDA margin 100.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mind Securities is 204% over three years and 96% over five years. CAGR is the steady yearly rate that links the first and the last year.
No. Mind Securities has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Mind Securities is U67120MH1995PTC084269. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mind Securities was incorporated on 03 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mind Securities by revenue are Bhai Investments Private Limited, Mintcap Enterprises Private Limited, SN Capital Management Private Limited, J.B. Trading Company Private Limited, Opulent Investment Adviser Private Limited and 5 more, all in the BFSI industry (Broking Services).
Dhimant Indravadan Shah was appointed as Director on 03 Jan 1995. Indravadan Ranchhoddas Shah was appointed as Director on 03 Jan 1995. Mulraj Indravadan Shah was appointed as Director on 03 Jan 1995. Mind Securities has 4 board changes on record in total.
The registered office of Mind Securities is at 11 13 Botawala Bldgroom No 7 2nd Floor Horniman Circle, Mumbai, Maharashtra, India – 400023.