
About Nariman Commodity Services Private Limited
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Nariman Commodity Services 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 15 October 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2003PTC142686. Its GSTIN is 27AACCN0286A1ZV (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹42.6 Lakh. It is led by directors including Devendra Prabhudayal Agarwal and Anilkumar Mahabirprasad Bubna.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4 Phonenix 1st Floor 457 Prathana Samaj Charni Road, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.56 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹15.9 Lakh (net margin 53.8%) and EBITDA of ₹18.83 Lakh (EBITDA margin 63.7%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years and 39% over five years.
Court records list 22 cases involving the company, including 22 filed against it; 6 cases are 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 narimanfinvest.com.
Company details
Contact details
Nariman Commodity Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is narimanfinvest.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4 Phonenix 1st Floor 457 Prathana Samaj Charni Road, Mumbai, Maharashtra, India – 400004
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Nariman Commodity Services 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 Nariman Commodity Services is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Nariman Commodity Services Private Limited, buy the company report.
Financials of Nariman Commodity Services Private Limited
FY 2025 filings availableNariman Commodity Services Private Limited reported revenue of ₹29.56 Lakh (up 831% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 831% growth 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 |
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| EBITDA | ₹18.83 Lakh | ||||
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| Net Profit (PAT) | ₹15.9 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 63.7% | ||||
| Net Profit Margin | 53.8% | ||||
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To see the full financial statements and ratios of Nariman Commodity Services Private Limited, buy the company report.
Board of directors of Nariman Commodity Services Private Limited
Nariman Commodity Services 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 |
|---|---|---|---|---|
| Anilkumar Mahabirprasad Bubna | Additional Director | 20 Apr 2012 | 14 Years 6 Months | Current |
| Animesh Ajay Bubna | Additional Director | 01 Jun 2011 | 15 Years 5 Months | Current |
| Devendra Prabhudayal Agarwal Also directs: Sajeev Plantations Pvt Ltd, Creative Propack Limited, Creative Proplast Limited and 3 more | Director | 15 Oct 2003 | 23 Years 0 Months | Current |
Auditor
Nariman Commodity Services Private Limited is audited by JIYAN JITENDRA SHAH for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JIYAN JITENDRA SHAH | FY 2023 | 175828 |
Shareholding
The shareholding of Nariman Commodity Services Private Limited 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 Nariman Commodity Services Private Limited, buy the company report.
Legal cases
Nariman Commodity Services Private Limited has 22 court cases on record: 22 filed against it. 6 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 19 | 19 | 6 |
| District courts | 3 | 3 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Modern India Ltd. and 3 Ors. | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by 63 Moons Technologies Limited | Disposed |
| High Court, MAHARASHTRA | Court case (NMA) | Filed against the company by N.K. Proteins Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Modern India Limited and 3 others | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Modern India Limited and 3 others | Disposed |
To see the full case history of Nariman Commodity Services 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 Nariman Commodity Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nariman Commodity Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN0286A1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nariman Commodity Services Private Limited, buy the company report.
Recent activity
Nariman Commodity Services Private Limited has 7 board changes on record since 2003: 5 appointments and 2 cessations. The latest: Prabhudayal Shyamlal Agarwal ceased to be Director on 29 Jun 2020.
Frequently asked questions
Nariman Commodity Services 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 15 October 2003 (23+ years old) and is registered under CIN U51909MH2003PTC142686.
Nariman Commodity Services has 3 current directors:
- Anilkumar Mahabirprasad Bubna - Additional Director
- Animesh Ajay Bubna - Additional Director
- Devendra Prabhudayal Agarwal - Director
The latest financial statements of Nariman Commodity Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nariman Commodity Services is 27AACCN0286A1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nariman Commodity Services is U51909MH2003PTC142686. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nariman Commodity Services has 22 court cases on record: 22 filed against it. 6 are pending. Most are in the high courts.
Nariman Commodity Services was incorporated on 15 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Prabhudayal Shyamlal Agarwal ceased to be Director on 29 Jun 2020. Ajay Bubna ceased to be Additional Director on 20 Apr 2012. Anilkumar Mahabirprasad Bubna was appointed as Additional Director on 20 Apr 2012. Nariman Commodity Services has 7 board changes on record in total.
Nariman Commodity Services can be reached through the website narimanfinvest.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Nariman Commodity Services is at 4 Phonenix 1st Floor 457 Prathana Samaj Charni Road, Mumbai, Maharashtra, India – 400004.

