
MNS Securities Limited
About MNS Securities Limited
Data last updated:
MNS Securities Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 19 April 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH2000PLC125965. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.95 Cr. It is led by directors including Bhiva Mahadev Zulpe and Rekha Mohan Patil.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹47.43 Lakh, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹1.76 Cr (net margin -370.3%) and EBITDA of -₹1.75 Cr (EBITDA margin -369.1%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 8% over five years.
As per MCA filings, the company has satisfied charges of ₹9 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
MNS Securities has one previous CIN (Corporate Identification Number): U67120MH2000PTC125965. The current CIN is U67120MH2000PLC125965, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120MH2000PLC125965 | Current |
| U67120MH2000PTC125965 | Previous |
Contact details
MNS Securities Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Social Media
- Registered Address8 D Mello Compound Vakola Bridge Dr Subramaniam Nagar Near Durga Mata Mandi Santacruz, (East), Mumbai, Maharashtra, India – 400055
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of MNS Securities 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
Financials of MNS Securities Limited
FY 2025 filings availableMNS Securities Limited reported revenue of ₹47.43 Lakh (down 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 19% fall in the latest year. EBITDA fell 574% 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 | -₹1.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.76 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 | -369.1% | ||||
| Net Profit Margin | -370.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of MNS Securities Limited, buy the company report.
Board of directors of MNS Securities Limited
MNS Securities has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhiva Mahadev Zulpe | Director | 04 Jul 2022 | 4 Years 4 Months | Current |
| Rekha Mohan Patil | Director | 04 Jul 2022 | 4 Years 4 Months | Current |
| Gaurav Ratilal Kacha Also directs: Terrafirma Nutrients & Beverages Private Limited | Director | 04 Jul 2022 | 4 Years 4 Months | Current |
Peer comparison
MNS Securities Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Broking Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Divanshika Financial Services Private Limited | ₹47.77 Lakh (FY 2024) | -3.0% | Nagpur, Maharashtra, India | |||
| GNG Commodities Private Limited | ₹47.73 Lakh (FY 2020) | 16.0% | New Delhi, Delhi, India | |||
| Jaysukhlal Jagjivan Stock Broking Private Limited | ₹47.61 Lakh (FY 2025) | -72.0% | Mumbai, Maharashtra, India | |||
| MNS Securities Limitedthis company | ₹47.43 Lakh (FY 2025) | -₹1.76 Cr | -370.3% | -19.0% | Mumbai, Maharashtra, India | |
| Trimiti Investments and Financial Services Private Limited | ₹47.36 Lakh (FY 2025) | -87.0% | Pune, Maharashtra, India |
To see the full peer comparison of MNS Securities Limited, buy the company report.
Auditor
MNS Securities Limited is audited by TOLIA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TOLIA & ASSOCIATES | FY 2019 | 111017W |
Shareholding
The shareholding of MNS Securities Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of MNS Securities Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jun 2009 | 10168985 | Kotak Mahindra Bank Limited | ₹9 Cr | Satisfied |
To see the full charge records of MNS Securities Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
MNS Securities Limited has 2 court cases on record: 2 filed by MNS Securities. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against The Deputy Commissioner of Income Tax-4( and 5 others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against The Deputy Commissioner of Income Tax - 4( and 5 others | Disposed |
To see the full case history of MNS Securities 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 MNS Securities Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MNS Securities has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of MNS Securities Limited, buy the company report.
Recent activity
MNS Securities Limited has 10 board changes on record since 2008: 3 appointments and 7 cessations. The latest: Bhiva Mahadev Zulpe was appointed as Director on 04 Jul 2022.
4 earlier events are in the company report.
Frequently asked questions
MNS Securities is an active public limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 19 April 2000 (26+ years old) and is registered under CIN U67120MH2000PLC125965.
MNS Securities has 3 current directors:
- Bhiva Mahadev Zulpe - Director
- Rekha Mohan Patil - Director
- Gaurav Ratilal Kacha - Director
The latest financial statements of MNS Securities on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. MNS Securities has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of MNS Securities is U67120MH2000PLC125965. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MNS Securities has 2 court cases on record: 2 filed by the company.
MNS Securities was incorporated on 19 April 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of MNS Securities by revenue are Divanshika Financial Services Private Limited, GNG Commodities Private Limited, Jaysukhlal Jagjivan Stock Broking Private Limited, Trimiti Investments and Financial Services Private Limited, all in the BFSI industry (Broking Services), with the same principal business activity (other financial activities).
Bhiva Mahadev Zulpe was appointed as Director on 04 Jul 2022. Dhiraj Anopchand Mehta ceased to be Whole-Time Director on 04 Jul 2022. Gaurav Ratilal Kacha was appointed as Director on 04 Jul 2022. MNS Securities has 10 board changes on record in total.
The registered office of MNS Securities is at 8 D Mello Compound Vakola Bridge Dr Subramaniam Nagar Near Durga Mata Mandi Santacruz, East, Mumbai, Maharashtra, India – 400055.
MNS Securities operates in the financial services industry, in the brokerage and trading services segment.

