About Monet Securities Pvt. Ltd.
Data last updated:
Monet Securities Pvt. Ltd. is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Unistock Commodities Private Limited. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 28 July 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U01111WB1994PTC064149. Its GSTIN is 19AABCM7058A1ZM (West Bengal).
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹3.17 Cr. It is led by directors including Bimal Kumar Sultania and Rajendra Prasad Bubna.
Its last annual general meeting (AGM) was held on 16 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹507.64 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹104.6 Cr (net margin 20.6%) and EBITDA of ₹128.43 Cr (EBITDA margin 25.3%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 25% over five years.
As per MCA filings, the company has satisfied charges of ₹56.9 Cr on record. Court records list 23 cases involving the company, including 14 filed by the company and 9 filed against it; 4 cases are pending. The company has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹66.37 Cr; the latest was in January 2021. Its 7 peer companies in the BFSI industry (Mid Sized Non Deposit NBFC, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 3 smaller; the largest is Incred Capital Financial Services Limited with revenue of ₹556.91 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website monetsecpl.com.
Company details
Contact details
Monet Securities Pvt. Ltd.'s registered office is in Kolkata, West Bengal. Its website is monetsecpl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2/1/1A Bright Street, 3rd Floor, Kolkata, West Bengal, India – 700019
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Monet Securities Pvt. Ltd., 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
Business activity
The main business activity of Monet Securities is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Monet Securities Pvt. Ltd., buy the company report.
Financials of Monet Securities Pvt. Ltd.
FY 2024 filings availableMonet Securities Pvt. Ltd. reported revenue of ₹507.64 Cr (up 242% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 242% growth in the latest year. EBITDA rose 151% 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 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 | ₹128.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹104.6 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.3% | ||||
| Net Profit Margin | 20.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Monet Securities Pvt. Ltd., buy the company report.
Board of directors of Monet Securities Pvt. Ltd.
Monet Securities has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bimal Kumar Sultania Also directs: Stemford Energy Private Limited | Director | 26 Sep 2020 | 6 Years 0 Months | Current |
| Rajendra Prasad Bubna | Director | 19 Apr 2023 | 3 Years 6 Months | Current |
| Anirudha Bubna Also directs: M. Prasad and Co Limited, Capitalmind Realty LLP | Director | 13 Dec 2024 | 1 Years 10 Months | Current |
| Suchita Tiwari Also directs: The Methoni Tea Company Limited | Director | 26 Jul 2021 | 5 Years 2 Months | Current |
Peer comparison
Monet Securities Pvt. Ltd. is compared with the 7 companies closest to it by revenue in the BFSI industry (Mid Sized Non Deposit NBFC, NBFC Investment and Credit Companies, Small Non Deposit NBFC), 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 |
|---|---|---|---|---|---|---|
| Incred Capital Financial Services Limited | ₹556.91 Cr (FY 2025) | 57.0% | Mumbai, Maharashtra, India | |||
| Orix Leasing & Financial Services India Limited | ₹556.47 Cr (FY 2025) | 25.0% | Mumbai, Maharashtra, India | |||
| Puran Associates Private Limited | ₹549.36 Cr (FY 2024) | 26.0% | New Delhi, Delhi, India | |||
| R.K. Bansal Finance Private Limited | ₹528.24 Cr (FY 2025) | 2664.0% | New Delhi, Delhi, India | |||
| Monet Securities Pvt. Ltd.this company | ₹507.64 Cr (FY 2024) | ₹104.6 Cr | 20.6% | 242.0% | Kolkata, West Bengal, India | |
| Master Trust Limited | ₹500.53 Cr (FY 2024) | 48.0% | Ludhiana, Punjab, India | |||
| Light Microfinance Private Limited | ₹494.93 Cr (FY 2025) | -5.0% | New Delhi, Delhi, India | |||
| Keertana Finserv Limited | ₹485.5 Cr (FY 2025) | 75.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Monet Securities Pvt. Ltd., buy the company report.
Auditor
Monet Securities Pvt. Ltd. is audited by RAJESH CHOUDHARY & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH CHOUDHARY & ASSOCIATES | FY 2023 | 322438E |
Shareholding
The shareholding of Monet Securities Pvt. Ltd. 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 Monet Securities Pvt. Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Mar 2012 | 10350237 | Kotak Mahindra Bank Limited | ₹10.42 Cr | Satisfied | |
| 02 Mar 2012 | 10348461 | Kotak Mahindra Prime Limited | ₹10.11 Cr | Satisfied | |
| 12 May 2011 | 10294250 | Kotak Mahindra Prime Limited | ₹14 Cr | Satisfied | |
| 16 Oct 2008 | 10128581 | Kotak Mahindra Bank Limited | ₹22.37 Cr | Satisfied |
To see the full charge records of Monet Securities Pvt. Ltd., buy the company report.
Total charge records: 4 View all charges
Deals & funding
Monet Securities Pvt. Ltd. has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹66.37 Cr; the latest was in January 2021.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Seller: The Methoni Tea Company Limited , Daytona Realty Private Limited |
| Oct 2015 | Secondary share transfer | Undisclosed | Buyer: Daytona Realty Private Limited , an individual Seller: Thirdwave Credit & Commercial Pvt Ltd , Lilly Exporters Pvt Ltd , an individual |
| Apr 2015 | Secondary share transfer | Undisclosed | Buyer: Daytona Realty Private Limited , Unistock Commodities Private Limited , The Methoni Tea Company Limited Seller: Lowneer Marketing Private Limited, Investrick Securitiesi Private Limited, Stupendors Traders Pvt. Ltd. , an individual |
| Jan 2012 | Funding round | ₹95 Lakh | Investors: Swain Finance and Trading Private Limited , Avacado Realty Private Limited, Budding Mercantile Company Private Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Thirdwave Credit & Commercial Pvt Ltd Seller: Mega Resourses Limited. |
To see the full deal history of Monet Securities Pvt. Ltd., buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Monet Securities Pvt. Ltd. has 23 court cases on record: 14 filed by Monet Securities, 9 filed against it. 4 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 7 | 3 |
| District courts | 4 | 0 | 0 |
| Supreme Court | 2 | 2 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case | Filed against the company by Jindal Poly Films Limited | Pending |
| High Court, West Bengal | Civil suit | Filed against the company by Pranava City Complex Private Limited | Pending |
| High Court | Civil suit | Filed by the company against Pranava City Complex Pvt Ltd and Ors | Pending |
| Bombay High Court | Court case (APP) | Filed against the company by Elder Health Care Limited Cin -L24230mh1988lc046613 | Pending |
| Supreme Court | Appeal | Filed against the company by Jindal Poly Films Limited | Disposed |
To see the full case history of Monet Securities Pvt. Ltd., 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 Monet Securities Pvt. Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Monet Securities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCM7058A1ZM | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Monet Securities Pvt. Ltd., buy the company report.
Recent activity
Monet Securities Pvt. Ltd. has 12 board changes on record since 1994: 8 appointments and 4 cessations. The latest: Anirudha Bubna was appointed as Director on 13 Dec 2024.
12 earlier events are in the company report.
Frequently asked questions
Monet Securities is an active private limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 28 July 1994 (32+ years old) and is registered under CIN U01111WB1994PTC064149.
Monet Securities has 4 current directors:
- Bimal Kumar Sultania - Director
- Rajendra Prasad Bubna - Director
- Anirudha Bubna - Director
- Suchita Tiwari - Director
The latest financial statements of Monet Securities on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 16 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Monet Securities is 19AABCM7058A1ZM, registered in West Bengal.
The CIN (Corporate Identification Number) of Monet Securities is U01111WB1994PTC064149. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Monet Securities has 23 court cases on record: 14 filed by the company and 9 filed against it. 4 are pending. Most are in the high courts.
Monet Securities was incorporated on 28 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.
Monet Securities has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹66.37 Cr; the latest was in January 2021.
The peers of Monet Securities by revenue are Incred Capital Financial Services Limited, Orix Leasing & Financial Services India Limited, Puran Associates Private Limited, R.K. Bansal Finance Private Limited, Master Trust Limited and 2 more, all in the BFSI industry (Mid Sized Non Deposit NBFC, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Anirudha Bubna was appointed as Director on 13 Dec 2024. Rajendra Prasad Bubna was appointed as Director on 19 Apr 2023. Suresh Kumar Dhanuka ceased to be Director on 27 Jul 2021. Monet Securities has 12 board changes on record in total.
Monet Securities can be reached through the website monetsecpl.com. Its registered office is in Kolkata, West Bengal, India.