About Narnolia Securities Limited
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Narnolia Securities Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 01 May 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U67120WB1997PLC096496. Its GSTIN is 19AABCN6712C1ZQ (West Bengal). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹19 Cr and a paid-up capital of ₹17.03 Cr. It was formerly known as Narnolia Securities Private Limited. It is led by directors including Krishnanand Narnolia (Managing Director) and Vishal Sharma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 201 2nd Floor Marble Arch 236B A.J.C Bose Road, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2025, the company reported a revenue of ₹76.14 Cr, a growth of 68% compared to the previous year. For the same year it recorded a net profit of ₹4.55 Cr (net margin 6%) and EBITDA of ₹10.61 Cr (EBITDA margin 13.9%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 5% over five years.
The company has about 5 employees on its provident fund (EPFO) records. Its group structure includes 5 subsidiaries.
The company is associated with 1 brand: Narnolia. As per MCA filings, the company has open charges of ₹43.91 Lakh and satisfied charges of ₹28 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 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 narnolia.com.
Company details
CIN history
Narnolia Securities has one previous CIN (Corporate Identification Number): U67120WB1997PTC096496. The current CIN is U67120WB1997PLC096496, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120WB1997PLC096496 | Current |
| U67120WB1997PTC096496 | Previous |
Contact details
Narnolia Securities Limited's registered office is in Kolkata, West Bengal. Its website is narnolia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address201 2nd Floor Marble Arch 236B A.J.C Bose Road, Kolkata, West Bengal, India – 700020
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Narnolia 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
Brands
Narnolia Securities operates one associated brand: Narnolia. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Multi-asset trading platform | narnolia.com |
Business activity
The main business activity of Narnolia Securities is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Narnolia Securities Limited, buy the company report.
Financials of Narnolia Securities Limited
FY 2024 filings availableNarnolia Securities Limited reported revenue of ₹76.14 Cr (up 68% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 68% growth in the latest year. EBITDA rose 58% 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 | ₹10.61 Cr | ||||
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| Net Profit (PAT) | ₹4.55 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 | 13.9% | ||||
| Net Profit Margin | 6% | ||||
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To see the full financial statements and ratios of Narnolia Securities Limited, buy the company report.
Board of directors of Narnolia Securities Limited
Narnolia Securities has 5 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Sharma Also directs: Legal Corner India LLP, Ushita Trading & Agencies Ltd, Energy Development Company Limited and 5 more | Director | 08 Feb 2023 | 3 Years 8 Months | Current |
| Krishnanand Narnolia Also directs: Active Alpha LLP, Narnolia Financial Services Limited, Narnolia Capital Advisors Private Limited and 5 more | Managing Director | 01 May 1997 | 29 Years 5 Months | Current |
| Shailendra Kumar Also directs: Active Alpha LLP, Narnolia Financial Services Limited, Narnolia Capital Advisors Private Limited and 4 more | Director | 30 Nov 2001 | 24 Years 10 Months | Current |
| Sanjay Kumar Sinha | Director | 12 Oct 2009 | 17 Years 0 Months | Current |
| Raj Kumar Lakhotia Also directs: Dev-Yashu Trading Private Limited, Re-Lay Solutions Private Limited, Chessy Finops Private Limited and 1 more | Director | 09 Oct 2023 | 3 Years 0 Months | Current |
Peer comparison
Narnolia Securities Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Relleno Insurance Broking Services Private Limited. | ₹76.64 Cr (FY 2024) | 178.0% | Secunderabad, Telangana, India | |||
| Shanti Vijay Investment Private Limited | ₹76.3 Cr (FY 2024) | 998.0% | New Delhi, Delhi, India | |||
| Narnolia Securities Limitedthis company | ₹76.14 Cr (FY 2025) | ₹4.55 Cr | 6% | 68.0% | 5 | Kolkata, West Bengal, India |
| Astitva Capital Market Private Limited | ₹75.51 Cr (FY 2019) | -35.0% | New Delhi, Delhi, India | |||
| East India Commodities Private Limited | ₹75.14 Cr (FY 2025) | -5.0% | Kolkata, West Bengal, India | |||
| Fortune Gilts Private Limited | ₹75.02 Cr (FY 2025) | 24.0% | Ahmedabad, Gujarat, India | |||
| Emerging India Investment Advisors Private Limited | ₹75.01 Cr (FY 2021) | 65.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Narnolia Securities Limited, buy the company report.
Auditor
Narnolia Securities Limited is audited by V.K. Patawari & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.K. Patawari & Co. | FY 2024 | 324476E |
Shareholding
The shareholding of Narnolia Securities Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Narnolia Securities Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2015 | 10589582 | Bmw India Financial Services Private Limited | ₹43.91 Lakh | Open | |
| 26 Oct 2017 | 100134623 | Hdfc Bank Limited | ₹28 Cr | Satisfied |
To see the full charge records of Narnolia Securities Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Narnolia Securities Limited has 2 court cases on record: 2 filed by Narnolia Securities. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (CNS) | Filed by the company against an individual | Pending |
| District court, Ranchi, Jharkhand | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Narnolia 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 Narnolia Securities Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Narnolia Securities has 5 subsidiary companies and 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Narnolia Financial Services Limited | U51909WB1995PLC072876 | |
| Narnolia Capital Advisors Private Limited | U65993WB1991PTC053089 | |
| Narnolia Financial Consultancy Services Limited | U67100WB2002PLC095275 | |
| Narnolia Investment Advisors Private Limited | U67120WB2007PTC259515 | |
| Narnolia Commerze Limited | U74140WB1994PLC066386 |
To see the full group structure of Narnolia Securities Limited, buy the company report.
Employees & EPFO
Narnolia Securities Limited has a workforce of 5 employees on its EPFO records as of Apr 11, 2025, across 1 active EPFO establishment.
GST
Narnolia Securities has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCN6712C1ZQ | West Bengal | Active | 09 Jul 2017 |
| 20AABCN6712C1Z7 | Jharkhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Narnolia Securities Limited, buy the company report.
Recent activity
Narnolia Securities Limited has 25 board changes on record since 1997: 6 appointments and 19 cessations. The latest: Raj Kumar Lakhotia ceased to be Additional Director on 29 Sep 2024.
20 earlier events are in the company report.
News
Frequently asked questions
Narnolia Securities is an active public limited company based in Kolkata, West Bengal, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 01 May 1997 (29+ years old) and is registered under CIN U67120WB1997PLC096496.
Narnolia Securities has 5 current directors:
- Krishnanand Narnolia - Managing Director
- Vishal Sharma - Director
- Shailendra Kumar - Director
- Sanjay Kumar Sinha - Director
- Raj Kumar Lakhotia - Director
The latest financial statements of Narnolia Securities on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Narnolia Securities is 19AABCN6712C1ZQ, registered in West Bengal. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 20AABCN6712C1Z7 (Jharkhand).
The CIN (Corporate Identification Number) of Narnolia Securities is U67120WB1997PLC096496. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Narnolia Securities has 2 court cases on record: 2 filed by the company. 1 is pending.
Narnolia Securities was incorporated on 01 May 1997, making it 29+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Narnolia Securities by revenue are Relleno Insurance Broking Services Private Limited, Shanti Vijay Investment Private Limited, Astitva Capital Market Private Limited, East India Commodities Private Limited, Fortune Gilts Private Limited and 1 more, all in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Raj Kumar Lakhotia ceased to be Additional Director on 29 Sep 2024. Raj Kumar Lakhotia was appointed as Director on 09 Oct 2023. Vishal Sharma ceased to be Additional Director on 29 Sep 2023. Narnolia Securities has 25 board changes on record in total.
Narnolia Securities can be reached through the website narnolia.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Narnolia Securities is at 201 2nd Floor Marble Arch 236B A.J.C Bose Road, Kolkata, West Bengal, India – 700020.