NH Securities Limited
About NH Securities Limited
Data last updated:
NH Securities Limited is a public 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 18 March 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1993PLC071209. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.48 Cr. It is led by directors including Abhijit Yashwant Kadam and Vishal Harshad Pancholi.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹36.37 Lakh, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹7.88 Lakh (net margin 21.7%) and EBITDA of ₹11.95 Lakh (EBITDA margin 32.9%). Revenue has grown at a compounded annual rate (CAGR) of 436% over three years and 150% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2 Cr on record. Court records list 84 cases involving the company, including 7 filed by the company and 77 filed against it; 9 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
NH Securities has one previous CIN (Corporate Identification Number): U65990MH1993PTC071209. The current CIN is U65990MH1993PLC071209, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65990MH1993PLC071209 | Current |
| U65990MH1993PTC071209 | Previous |
Contact details
NH Securities Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address121 Radha Bhavan 1st Floor, Nagindas Master Road Fort, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of NH 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
Financials of NH Securities Limited
FY 2024 filings availableNH Securities Limited reported revenue of ₹36.37 Lakh (up 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 150% over five years, including 11% growth in the latest year. EBITDA rose 6% 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 | ₹11.95 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.88 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.9% | ||||
| Net Profit Margin | 21.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of NH Securities Limited, buy the company report.
Board of directors of NH Securities Limited
NH Securities has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajinkya Suresh Salunkhe | Additional Director | 10 Jun 2022 | 4 Years 4 Months | Current |
| Abhijit Yashwant Kadam Also directs: Saimangal Investrade Limited, Panther Fincap and Management Services Limited, Panther Investrade Limited and 5 more | Director | 31 Jul 2023 | 3 Years 2 Months | Current |
| Vishal Harshad Pancholi Also directs: VN Parekh Securities Private Limited, Saimangal Investrade Limited, Panther Fincap and Management Services Limited and 1 more | Director | 08 Jan 2024 | 2 Years 9 Months | Current |
Peer comparison
NH Securities Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S.S.Tex Prints Private Limited | ₹36.51 Lakh (FY 2025) | 392.0% | New Delhi, Delhi, India | |||
| Dayasindhu Mercantile Private Limited | ₹36.5 Lakh (FY 2025) | 27977.0% | Siliguri, West Bengal, India | |||
| Sital Financial Services Private Limited | ₹36.49 Lakh (FY 2025) | 72.0% | Kolkata, West Bengal, India | |||
| Jagadamba Abasan Private Limited | ₹36.46 Lakh (FY 2025) | -9.0% | Kolkata, West Bengal, India | |||
| Shree K R Modi Drinks Private Limited | ₹36.39 Lakh (FY 2025) | -19.0% | Kolkata, West Bengal, India | |||
| NH Securities Limitedthis company | ₹36.37 Lakh (FY 2024) | ₹7.88 Lakh | 21.7% | 11.0% | 9 | Mumbai, Maharashtra, India |
| Agrim Finvest Private Limited | ₹36.34 Lakh (FY 2021) | 8.0% | New Delhi, Delhi, India | |||
| Asg Instruments Private Limited | ₹36.25 Lakh (FY 2025) | -58.0% | Jodhpur, Rajasthan, India | |||
| Sheen Developers Private Limited | ₹36.18 Lakh (FY 2025) | 26.0% | Kolkata, West Bengal, India | |||
| Jadeja Investments Management Private Limited | ₹36.16 Lakh (FY 2025) | 60.0% | Bhachau, Gujarat, India | |||
| Topnotch Investments Private Limited | ₹36.09 Lakh (FY 2024) | -4.0% | New Delhi, Delhi, India |
To see the full peer comparison of NH Securities Limited, buy the company report.
Auditor
NH Securities Limited is audited by S.M. Bhat & Associates for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.M. Bhat & Associates | FY 2020 | 131347W |
Shareholding
The shareholding of NH Securities Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of NH Securities Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Dec 1996 | 90159578 | The Menon Co-Op. Bank Ltd. | ₹2 Cr | Open |
Total charge records: 1 View all charges
Legal cases
NH Securities Limited has 84 court cases on record: 7 filed by NH Securities, 77 filed against it. 9 cases are pending and 75 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 52 | 52 | 2 |
| High courts | 30 | 25 | 5 |
| Supreme Court | 2 | 0 | 2 |
Cases on record (5 of 84)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1816-Ordinary Civil Matters : Appeals u/s 10 of Special Courts (Trial of offences relating to Transactions in Securities) Act, 1992) | Filed by the company against The Official Liquidator the Official Liquidator Calcutta High Court in Respect of Insolvent Classic Credit Limited Having Its Office at Calcutta High Court 3 Esplanade Row West Contesting Kolkata ,Kolkata , West Bengal and 17 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SPL.CASE) | Filed against the company by Securities and Exchange Board of India | Pending |
| Bombay High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax Central 4 | Pending |
| Bombay High Court | Court case (APL) | Filed by the company against The Securities and Exchange Board of India and Anr | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SEBI SPL CASE) | Filed against the company by Securities and Exchange Board of India | Pending |
To see the full case history of NH 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 NH Securities Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
NH Securities Limited has a workforce of 9 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
NH 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 NH Securities Limited, buy the company report.
Recent activity
NH Securities Limited has 8 board changes on record since 2015: 3 appointments and 5 cessations. The latest: Vishal Harshad Pancholi was appointed as Director on 08 Jan 2024.
Frequently asked questions
NH Securities is an active public limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 18 March 1993 (33+ years old) and is registered under CIN U65990MH1993PLC071209.
NH Securities has 3 current directors:
- Ajinkya Suresh Salunkhe - Additional Director
- Abhijit Yashwant Kadam - Director
- Vishal Harshad Pancholi - Director
The latest financial statements of NH 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.
No. NH Securities has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of NH Securities is U65990MH1993PLC071209. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
NH Securities has 84 court cases on record: 7 filed by the company and 77 filed against it. 9 are pending. Most are in the district courts.
NH Securities was incorporated on 18 March 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of NH Securities by revenue are S.S.Tex Prints Private Limited, Dayasindhu Mercantile Private Limited, Sital Financial Services Private Limited, Jagadamba Abasan Private Limited, Shree K R Modi Drinks Private Limited and 5 more, all in the BFSI industry (Broking Services).
Vishal Harshad Pancholi was appointed as Director on 08 Jan 2024. Kartik Kirtikumar Parekh ceased to be Managing Director on 05 Jan 2024. Abhijit Yashwant Kadam was appointed as Director on 31 Jul 2023. NH Securities has 8 board changes on record in total.
The registered office of NH Securities is at 121 Radha Bhavan 1st Floor, Nagindas Master Road Fort, Mumbai, Maharashtra, India – 400001.
NH Securities operates in the financial services industry, in the brokerage and trading services segment.