About MSB E-Trade Securities Limited
Data last updated:
MSB E-Trade Securities Limited is a public limited company based in Delhi, India. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 21 July 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1993PLC054541. Its GSTIN is 07AAACB2837M1ZL (Delhi).
The company has an authorised share capital of ₹3.1 Cr and a paid-up capital of ₹3.02 Cr. It was formerly known as B. K. Diamond Industries Limited. It is led by directors including Munish Bajaj and Sushma Bajaj.
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 Prop No A – 17 Upper Ground Floor, Pushpanjali Enclave Pitampura, Delhi, India – 110034.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.23 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹13.81 Lakh (net margin 6.2%) and EBITDA of ₹90.22 Lakh (EBITDA margin 40.5%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 9% over five years.
The company is associated with 1 brand: MSB e-Trade. As per MCA filings, the company has open charges of ₹12.09 Cr and satisfied charges of ₹2.12 Cr on record. Court records list 1 case involving the company, including 1 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 msbetrade.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressProp No A – 17 Upper Ground Floor, Pushpanjali Enclave Pitampura, Delhi, India – 110034
- IndustryFinancial Services, Investment Banking & Advisory
- 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
Business Activity of MSB E-Trade Securities Limited
The main business activity of MSB E-Trade Securities is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of MSB E-Trade Securities Limited FY 2025 filings available
MSB E-Trade Securities Limited reported revenue of ₹2.23 Cr (up 289% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of MSB E-Trade Securities Limited
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 289% growth in the latest year. EBITDA rose 21% 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 of MSB E-Trade Securities Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹90.22 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.81 Lakh | •••• | •••• | •••• | •••• |
| 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 MSB E-Trade Securities Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 40.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.2% | •••• | •••• | •••• | •••• |
| 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 MSB E-Trade 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 MSB E-Trade Securities Limited
MSB E-Trade Securities Limited is compared with the companies closest to it by revenue in the BFSI industry (Investment Banking). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Safire Capital Advisors India Private Limited | ₹2.3 Cr (FY 2024) | •••• | •••• | 675.0% | •••• | Mumbai, Maharashtra, India |
| GCV Life Private Limited | ₹2.29 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Mumbai, Maharashtra, India |
| K V Development and Investment Co Pvt Ltd | ₹2.24 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Pune, Maharashtra, India |
| Steel Investments Private Limited | ₹2.23 Cr (FY 2025) | •••• | •••• | -38.0% | •••• | Mumbai, Maharashtra, India |
| Proficio Advisors Private Limited | ₹2.23 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
| MSB E-Trade Securities Limited this company | ₹2.23 Cr (FY 2025) | •••• | •••• | 289.0% | •••• | Delhi, India |
| Inventure Merchant Banker Services Private Limited | ₹2.15 Cr (FY 2025) | •••• | •••• | 200.0% | •••• | Mumbai, Maharashtra, India |
| Singhi Holdings Private Limited | ₹2.15 Cr (FY 2025) | •••• | •••• | 5875.0% | •••• | Bengaluru, Karnataka, India |
| Borbam Investments Limited | ₹2.15 Cr (FY 2025) | •••• | •••• | 158.0% | •••• | Kolkata, West Bengal, India |
| Springforth Capital Advisors Private Limited | ₹2.12 Cr (FY 2024) | •••• | •••• | 219.0% | •••• | Secunderabad, Telangana, India |
| Salasar Fintech Private Limited | ₹2.07 Cr (FY 2024) | •••• | •••• | 184.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below MSB E-Trade Securities by revenue in the BFSI industry (Investment Banking), 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 MSB E-Trade Securities Limited
MSB E-Trade Securities Limited is audited by Suraj Garg & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Suraj Garg & Associates | 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 MSB E-Trade Securities Limited
MSB E-Trade Securities has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Munish Bajaj | Director | 15 Jan 2006 | 20 Years 8 Months | Current |
| Sushma Bajaj | Director | 15 Jan 2006 | 20 Years 8 Months | Current |
| Manohar Lal Bajaj | Director | 24 Sep 2009 | 17 Years 0 Months | Current |
Ownership and Shareholding of MSB E-Trade Securities 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 MSB E-Trade Securities Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Dec 2025 | Others | ₹5 Cr | Open |
| 16 Jan 2025 | Hdfc Bank Limited | ₹7 Cr | Open |
| 29 May 2023 | Hdfc Bank Limited | ₹8.7 Lakh | Open |
| 18 Jun 2021 | Axis Bank Limited | ₹2.12 Cr | Satisfied |
Total charge records: 4 View all charges
Legal Cases of MSB E-Trade Securities Limited
MSB E-Trade Securities Limited has 1 court case on record: 1 filed by MSB E-Trade Securities. All case is disposed. Status as checked on 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed by the company against Ndian Commodity Exchange of India Ltd | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with MSB E-Trade Securities Limited
MSB E-Trade Securities operates one associated brand: MSB e-Trade. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a multi-asset investment platform tailored for individual investors. | msbetrade.com |
Employees and EPFO Compliance at MSB E-Trade Securities Limited
Employment history and EPFO contributions of people linked to MSB E-Trade 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.
News related to MSB E-Trade Securities Limited
Recent Activity on MSB E-Trade Securities Limited
MSB E-Trade Securities Limited has 5 board changes on record since 2006: 3 appointments and 2 cessations. The latest: Bhushan Ahuja ceased to be Director on 30 Sep 2009.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for MSB E-Trade Securities 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 MSB E-Trade Securities 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 MSB E-Trade Securities 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 MSB E-Trade Securities Limited
MSB E-Trade Securities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACB2837M1ZL | Delhi | Active | 01 Jul 2017 |
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 MSB E-Trade Securities 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 MSB E-Trade Securities Limited
MSB E-Trade Securities is an active public limited company based in Delhi, India. The company works in investment banking and advisory, within the financial services industry. It was incorporated on 21 July 1993 (33+ years old) and is registered under CIN U74899DL1993PLC054541.
MSB E-Trade Securities reported revenue of ₹2.23 Cr for FY 2025 (up 289% YoY).
MSB E-Trade Securities has 3 current directors:
- Munish Bajaj - Director
- Sushma Bajaj - Director
- Manohar Lal Bajaj - Director
MSB E-Trade Securities reported a net profit of ₹13.81 Lakh (net margin 6.2%) and EBITDA of ₹90.22 Lakh (EBITDA margin 40.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of MSB E-Trade Securities is 12% over three years and 9% over five years. In the latest year (FY 2025) revenue rose 289%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of MSB E-Trade Securities is 07AAACB2837M1ZL, registered in Delhi.
The CIN (Corporate Identification Number) of MSB E-Trade Securities is U74899DL1993PLC054541. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MSB E-Trade Securities has 1 court case on record: 1 filed by the company.
MSB E-Trade Securities was incorporated on 21 July 1993, making it 33+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of MSB E-Trade Securities by revenue are Safire Capital Advisors India Private Limited, GCV Life Private Limited, K V Development and Investment Co Pvt Ltd, Steel Investments Private Limited, Proficio Advisors Private Limited and 5 more, all in the BFSI industry (Investment Banking).
Bhushan Ahuja ceased to be Director on 30 Sep 2009. Manohar Lal Bajaj was appointed as Director on 24 Sep 2009. Manohar Lal Bajaj ceased to be Director on 01 Jul 2009. MSB E-Trade Securities has 5 board changes on record in total.