About Newedge Broker India Private Limited
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Newedge Broker India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Societe Generale. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 15 October 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH2007PTC175031. Its GSTIN is 27AACCN7443H1ZC (Maharashtra).
The company has an authorised share capital of ₹253 Cr and a paid-up capital of ₹4.76 Cr. It was formerly known as Fimat Securities India Private Limited. It is led by directors Mitul Madhusudan Brahmbhatt and Manan Kirit Vaishnav.
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 Peninsula Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.85 Cr. For the same year it recorded a net profit of ₹20.93 Cr and EBITDA of ₹1.73 Cr (EBITDA margin 93.4%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 1% over five years.
Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 4 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 newedge.com.
Company details
Contact details
Newedge Broker India Private Limited's registered office is in Mumbai, Maharashtra. Its website is newedge.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPeninsula Business Park Unit 1901 19th Floor Tower A Ganpatrao Kadam Marg Lower Par, El, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Newedge Broker India 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
Financials of Newedge Broker India Private Limited
FY 2025 filings availableNewedge Broker India Private Limited reported revenue of ₹1.85 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years. EBITDA rose 2% 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 | ₹1.73 Cr | ||||
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| Net Profit (PAT) | ₹20.93 Cr | ||||
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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 | 93.4% | ||||
| Net Profit Margin | |||||
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To see the full financial statements and ratios of Newedge Broker India Private Limited, buy the company report.
Board of directors of Newedge Broker India Private Limited
Newedge Broker India has 2 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mitul Madhusudan Brahmbhatt Also directs: Societe Generale Securities India Private Limited | Director | 19 Sep 2024 | 2 Years 1 Months | Current |
| Manan Kirit Vaishnav Also directs: Societe Generale Securities India Private Limited | Director | 23 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Newedge Broker India Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Javerilal Oswal Commodities Private Limited | ₹1.86 Cr (FY 2024) | 95.0% | Ahmedabad, Gujarat, India | |||
| Tresor Smith Private Limited | ₹1.86 Cr (FY 2024) | 30.0% | Delhi, India | |||
| Gronett Stocks and Shares Private Limited | ₹1.86 Cr (FY 2025) | -5.0% | Perumbavoor, Kerala, India | |||
| Hanudev Investments Private Limited | ₹1.86 Cr (FY 2025) | 8.0% | Chennai, Tamil Nadu, India | |||
| Renascent Bizwise India Private Limited | ₹1.86 Cr (FY 2025) | 26.0% | Raipur, Chhattisgarh, India | |||
| Newedge Broker India Private Limitedthis company | ₹1.85 Cr (FY 2025) | ₹20.93 Cr | Mumbai, Maharashtra, India | |||
| Payvin Realtors Private Limited | ₹1.84 Cr (FY 2025) | -31.0% | Mumbai, Maharashtra, India | |||
| MVM Commodities Private Limited | ₹1.83 Cr (FY 2024) | -35.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Newedge Broker India Private Limited, buy the company report.
Auditor
Newedge Broker India Private Limited is audited by DELOITTE HASKINS AND SELLS LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS AND SELLS LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Newedge Broker India 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 Newedge Broker India Private Limited, buy the company report.
Legal cases
Newedge Broker India Private Limited has 6 court cases on record: 2 filed by Newedge Broker India, 4 filed against it. 4 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 4 | 4 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax 4 Mumbai | Pending |
| Bombay High Court | Tax appeal | Filed against the company by Principal Commissioner of Income Tax 4 | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by Principal Commissioner of Income Tax 4 | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by Principal Commissioner of Income Tax 4 Mumbai | Pending |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
To see the full case history of Newedge Broker India 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 Newedge Broker India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Newedge Broker India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN7443H1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Newedge Broker India Private Limited, buy the company report.
Recent activity
Newedge Broker India Private Limited has 19 board changes on record since 2009: 4 appointments and 15 cessations. The latest: Manan Kirit Vaishnav ceased to be Additional Director on 26 Sep 2024.
10 earlier events are in the company report.
Frequently asked questions
Newedge Broker India 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 2007 (19+ years old) and is registered under CIN U67120MH2007PTC175031.
Newedge Broker India has 2 current directors:
- Mitul Madhusudan Brahmbhatt - Director
- Manan Kirit Vaishnav - Director
The latest financial statements of Newedge Broker India 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 Newedge Broker India is 27AACCN7443H1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Newedge Broker India is U67120MH2007PTC175031. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Newedge Broker India has 6 court cases on record: 2 filed by the company and 4 filed against it. 4 are pending.
Newedge Broker India was incorporated on 15 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Newedge Broker India by revenue are Javerilal Oswal Commodities Private Limited, Tresor Smith Private Limited, Gronett Stocks and Shares Private Limited, Hanudev Investments Private Limited, Renascent Bizwise India Private Limited and 2 more, all in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Manan Kirit Vaishnav ceased to be Additional Director on 26 Sep 2024. Mitul Madhusudan Brahmbhatt ceased to be Additional Director on 26 Sep 2024. Mitul Madhusudan Brahmbhatt was appointed as Director on 19 Sep 2024. Newedge Broker India has 19 board changes on record in total.
Newedge Broker India can be reached through the website newedge.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Newedge Broker India is at Peninsula Business Park Unit 1901 19th Floor Tower A Ganpatrao Kadam Marg Lower Par, El, Mumbai, Maharashtra, India – 400013.
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