About Morries Securities Private Limited
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Morries Securities Private Limited is a private 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 23 August 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29241MH1995PTC092107. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹95 Lakh. It was formerly known as Morries Electrical Works Private Limited. It is led by directors including Hemantkumar Jugalkishore Garg and Bharti Hemant Garg.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 425 A Raut Indl Estateupper Mogal Lane Mahim W, Mumbai, Maharashtra, India – 400036.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.75 Lakh, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹2.86 Lakh (net margin 42.3%) and EBITDA of ₹3.21 Lakh (EBITDA margin 47.6%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 10% over five years.
As per MCA filings, the company has satisfied charges of ₹5.5 Lakh on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website morries.co.in.
Company details
Contact details
Morries Securities Private Limited's registered office is in Mumbai, Maharashtra. Its website is morries.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address425 A Raut Indl Estateupper Mogal Lane Mahim W, Mumbai, Maharashtra, India – 400036
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Morries Securities 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
Business activity
The main business activity of Morries 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 Morries Securities Private Limited, buy the company report.
Financials of Morries Securities Private Limited
FY 2025 filings availableMorries Securities Private Limited reported revenue of ₹6.75 Lakh (down 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 36% fall in the latest year. EBITDA fell 57% 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 | ₹3.21 Lakh | ||||
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| Net Profit (PAT) | ₹2.86 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 47.6% | ||||
| Net Profit Margin | 42.3% | ||||
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To see the full financial statements and ratios of Morries Securities Private Limited, buy the company report.
Board of directors of Morries Securities Private Limited
Morries Securities has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemantkumar Jugalkishore Garg Also directs: Morries Housing Private Limited, Savlani Trading and Investment Company Private Limited, Morries Energy Limited and 3 more | Director | 23 Aug 1995 | 31 Years 2 Months | Current |
| Bharti Hemant Garg | Director | 21 Apr 1997 | 29 Years 6 Months | Current |
| Tanujkumar Hemantkumar Garg Also directs: Ellipsis Entertainment Media LLP, Ellipsis Production LLP, Morries Housing Private Limited and 4 more | Director | 05 Sep 1997 | 29 Years 2 Months | Current |
Auditor
Morries Securities Private Limited is audited by SAHIL A JAIN & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAHIL A JAIN & CO | FY 2017 | 143826W |
Shareholding
The shareholding of Morries Securities Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Morries Securities Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Nov 1998 | 80060337 | Union Bank of India | ₹5 Lakh | Satisfied | |
| 05 Nov 1998 | 90151940 | Union Bank of India | ₹50,000 | Satisfied |
To see the full charge records of Morries Securities Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Morries Securities Private Limited has 7 court cases on record: 6 filed by Morries Securities, 1 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| District courts | 3 | 1 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Commercial suit | Filed by the company against Shirdi Impex Pvt. Ltd. and 2 others | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Appeal | Filed by the company against individuals | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against individuals | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Revision) | Filed by the company against individuals | Disposed |
| Bombay High Court | Court case (CHOL) | Filed by the company against Maharashtra Theaters Pvt. Ltd. and Another | Disposed |
To see the full case history of Morries Securities 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 Morries Securities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Morries Securities has 2 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
Morries 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 Morries Securities Private Limited, buy the company report.
Recent activity
Morries Securities Private Limited has 3 board changes on record since 1995: 3 appointments. The latest: Tanujkumar Hemantkumar Garg was appointed as Director on 05 Sep 1997.
Frequently asked questions
Morries Securities is an active 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 23 August 1995 (31+ years old) and is registered under CIN U29241MH1995PTC092107.
Morries Securities has 3 current directors:
- Hemantkumar Jugalkishore Garg - Director
- Bharti Hemant Garg - Director
- Tanujkumar Hemantkumar Garg - Director
The latest financial statements of Morries Securities on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
No. Morries Securities has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Morries Securities is U29241MH1995PTC092107. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Morries Securities has 7 court cases on record: 6 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Morries Securities was incorporated on 23 August 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Tanujkumar Hemantkumar Garg was appointed as Director on 05 Sep 1997. Bharti Hemant Garg was appointed as Director on 21 Apr 1997. Hemantkumar Jugalkishore Garg was appointed as Director on 23 Aug 1995.
Morries Securities can be reached through the website morries.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Morries Securities is at 425 A Raut Indl Estateupper Mogal Lane Mahim W, Mumbai, Maharashtra, India – 400036.
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