About Otcei Securities Limited
Data last updated:
Otcei Securities Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Otc Exchange Of India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the consultancy services segment of the financial services sector. It was incorporated on 25 November 1999.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1999PLC122774. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.25 Cr. It is led by directors including Munesh Kumar Goel and Arthyil Chandrasekhara Menon Venugopal.
Its last annual general meeting (AGM) was held on 27 July 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 92 Maker Towers Fcuffe Parade, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2017, the company reported a revenue of ₹30.03 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹11.32 Lakh (net margin -37.7%) and EBITDA of -₹11.27 Lakh (EBITDA margin -37.5%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.
The company is associated with 1 brand: OTCEI.
The last known website on record is otcei.net.
Company details
CIN history
Otcei Securities has one previous CIN (Corporate Identification Number): L67120MH1999PLC122774. The current CIN is U67120MH1999PLC122774, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120MH1999PLC122774 | Current |
| L67120MH1999PLC122774 | Previous |
Contact details
Otcei Securities Limited's registered office is in Mumbai, Maharashtra. Its website is otcei.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address92 Maker Towers Fcuffe Parade, Mumbai, Maharashtra, India – 400005
- IndustryFinancial Services, Consultancy, Advisory, Financial Brokerage
To see the full contact details of Otcei 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
Business activity
The main business activity of Otcei 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 |
Financials of Otcei Securities Limited
FY 2017 filings availableOtcei Securities Limited reported revenue of ₹30.03 Lakh (down 3% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over three years, including a 3% fall in the latest year. EBITDA fell 47% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹30.03 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹11.27 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹11.32 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -37.5% | ||
| Net Profit Margin | -37.7% | ||
| 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 | |||
To see the full financial statements and ratios of Otcei Securities Limited, buy the company report.
Board of directors of Otcei Securities Limited
Otcei Securities has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Munesh Kumar Goel | Director | 31 Dec 2005 | 20 Years 9 Months | As last reported |
| Arthyil Chandrasekhara Menon Venugopal | Director | 24 Mar 2015 | 11 Years 6 Months | As last reported |
| Vipan Kumar Kukreja | Director | 27 Dec 2012 | 13 Years 9 Months | As last reported |
Peer comparison
Otcei Securities Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Varad Broking Private Limited | ₹30.12 Lakh (FY 2025) | 60.0% | Gandhinagar, Gujarat, India | |||
| Pnys Securities (India) Private Limited | ₹30.1 Lakh (FY 2024) | 22.0% | Thrissur, Kerala, India | |||
| Cerasia Technico Private Limited | ₹30.09 Lakh (FY 2018) | 24.0% | Faridabad, Haryana, India | |||
| Silver Star Market Makers Private Limited | ₹30.05 Lakh (FY 2025) | 14.0% | Indore, Madhya Pradesh, India | |||
| Canara Securities Limited | ₹30.05 Lakh (FY 2018) | -65.0% | Hyderabad, Telangana, India | |||
| Otcei Securities Limitedthis company | ₹30.03 Lakh (FY 2017) | -₹11.32 Lakh | -37.7% | -3.0% | Mumbai, Maharashtra, India | |
| Atherstone Capital Markets Limited | ₹30 Lakh (FY 2024) | Mumbai, Maharashtra, India | ||||
| Accurate Finserv Private Limited | ₹30 Lakh (FY 2024) | 11900.0% | Pune, Maharashtra, India | |||
| Ramashree Commodities Private Limited | ₹29.98 Lakh (FY 2024) | -84.0% | Gurgaon, Haryana, India | |||
| Sonvarsa Corporate Private Limited | ₹29.9 Lakh (FY 2025) | 143.0% | Noida, Uttar Pradesh, India | |||
| Galore Consulting Private Limited | ₹29.84 Lakh (FY 2025) | -14.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Otcei Securities Limited, buy the company report.
Auditor
Otcei Securities Limited is audited by ADV & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ADV & Associates | FY 2017 | 128045W |
Shareholding
The shareholding of Otcei Securities Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Otcei Securities Limited, buy the company report.
Legal cases
No court or tribunal cases involving Otcei Securities Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Otcei Securities Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Otcei 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 Otcei Securities Limited, buy the company report.
Recent activity
Otcei Securities Limited has 17 board changes on record since 2005: 3 appointments and 14 cessations. The latest: Arthyil Chandrasekhara Menon Venugopal ceased to be Additional Director on 22 Sep 2015.
8 earlier events are in the company report.
Frequently asked questions
Otcei Securities is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Otcei Securities is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in consultancy, within the financial services industry. It was incorporated on 25 November 1999 and is registered under CIN U67120MH1999PLC122774. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Otcei Securities has 3 current directors:
- Munesh Kumar Goel - Director
- Arthyil Chandrasekhara Menon Venugopal - Director
- Vipan Kumar Kukreja - Director
The latest financial statements of Otcei Securities on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 27 July 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Otcei Securities is U67120MH1999PLC122774. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Otcei Securities was incorporated on 25 November 1999. It is registered with the Registrar of Companies, Mumbai.
The peers of Otcei Securities by revenue are Varad Broking Private Limited, Pnys Securities (India) Private Limited, Cerasia Technico Private Limited, Silver Star Market Makers Private Limited, Canara Securities Limited and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).
Arthyil Chandrasekhara Menon Venugopal ceased to be Additional Director on 22 Sep 2015. Arthyil Chandrasekhara Menon Venugopal was appointed as Director on 24 Mar 2015. Subhash Chandra Bhargava ceased to be Director on 24 Mar 2015. Otcei Securities has 17 board changes on record in total.
Otcei Securities can be reached through the website otcei.net. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Otcei Securities is at 92 Maker Towers Fcuffe Parade, Mumbai, Maharashtra, India – 400005.
No. Otcei Securities has 1 GST registration on record and it is cancelled or inactive.