About Piramal Securities Limited
Data last updated: 21 December 2025
Piramal Securities Limited was a public limited company based in Lower Parel, Mumbai, Maharashtra, India, operated as a subsidiary of Piramal Enterprises Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in investment banking and advisory, a part of the broader financial services sector. Incorporated on 07 June 2018.
Registered with ROC Mumbai under CIN U74999MH2018PLC310476.
Capital: an authorised share capital of ₹70 Cr and a paid-up capital of ₹42 Cr. It was led by directors including Shitin Dayalji Desai and Bipin Singh.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: 4Th Floor Piramal Tower B Wing Peninsula Corporate Park G.K. Marg, Lower Parel Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.15 Cr, a growth of 29% compared to the previous year.
The company had a reported workforce of approximately 3 employees prior to being dissolved. It operated as a subsidiary of Piramal Enterprises Limited.
The company was associated with 1 brand - Piramal Group.
The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is piramal.com.
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Registered Address4Th Floor Piramal Tower B Wing Peninsula Corporate Park G.K. Marg, Lower Parel Mumbai, Maharashtra, India – 400013
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IndustryFinancial Services, Investment Banking & Advisory
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Associated Brands with Piramal Securities Limited
Piramal Securities Limited operates one associated brand: Piramal Group. These brands represent Piramal Securities Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Multinational conglomerate with diverse interests in Pharma, Financial Services and Real Estate | piramal.com |
Competitors & Alternatives of Piramal Securities Limited
Brands and companies operating in the same space as Piramal Securities Limited include Abzena, Syngene, Grand River Aseptic Manufacturing and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Abzena
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Provider of antibody discovery, cell line development, and bio analytics services | Cambridge, United Kingdom, United Kingdom | 2001 |
Syngene
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Provider of contract research and manufacturing services for both small molecules and biologics | Bengaluru, India, India | 1993 |
Grand River Aseptic Manufacturing
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Sterile parenteral CDMO services for development and manufacturing are offered. | Grand Rapids, United States, United States | 2010 |
Patheon
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Commercial manufacturing and pharmaceutical development services for biopharmaceutical industry | Durham, United States, United States | 1974 |
Panacea Biotec
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Developer of biosimilars, vaccines and natural products | Ambala, India, India | 1984 |
Maravai Life Sciences
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Provides enabling tools and services in the life sciences research and bio-production industries | San Diego, United States, United States | 2014 |
LakePharma
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Provider of drug discovery on molecular biology, viral vectors and cell & protein engineering | Belmont, United States, United States | 2009 |
Insud Pharma
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Finished formulations, APIs, and monoclonal antibodies are developed and manufactured. | Madrid, Spain, Spain | 1977 |
Auditor Details of Piramal Securities Limited
Piramal Securities Limited is audited by LODHA & COMPANY for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| LODHA & COMPANY | Locked | Locked | Locked |
Complete auditor history for Piramal Securities Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Piramal Securities Limited
Piramal Securities Limited is currently managed by 3 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shitin Dayalji Desai | Director | 07 Jun 2018 | 8 Years 1 Months | As last reported |
| Bipin Singh | Director | 28 Aug 2023 | 2 Years 10 Months | As last reported |
| Lalit Madan Ostwal | Managing Director | 12 Apr 2021 | 5 Years 3 Months | As last reported |
Financials of Piramal Securities Limited FY 2024 filings available
Piramal Securities Limited reported revenue of ₹1.15 Cr (up 29.00% YoY) for FY 2024.
Ten-year financial statements for Piramal Securities Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Piramal Securities Limited
Shareholding and ownership data for Piramal Securities Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings Piramal Securities Limited
Piramal Securities Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Piramal Securities Limited
Piramal Securities Limited has a workforce of 3 employees as of Apr 08, 2025.
Employee and EPFO history for Piramal Securities Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Piramal Securities Limited
GST registrations and filing compliance for Piramal Securities Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
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Credit Ratings, Litigation & Regulatory Alerts for Piramal Securities Limited
Credit ratings, litigation, and regulatory alerts for Piramal Securities Limited
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- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Piramal Securities Limited
MSME payment history for Piramal Securities Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Piramal Securities Limited
Corporate group structure for Piramal Securities Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Piramal Securities Limited
MCA filings and documents for Piramal Securities Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Piramal Securities Limited
Recent News on Piramal Securities Limited
Frequently Asked Questions about Piramal Securities Limited
Piramal Securities Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Piramal Securities Limited is a amalgamated public limited company in the financial services sector based in Lower Parel, Mumbai, Maharashtra, India. It was incorporated on 07 June 2018 and is registered under CIN U74999MH2018PLC310476. The company was amalgamated as per MCA records and no longer exists as a legal entity.
Piramal Securities Limited was incorporated on 07 June 2018. Registered with ROC Mumbai.
The current directors of Piramal Securities Limited are:
- Shitin Dayalji Desai - Director
- Bipin Singh - Director
- Lalit Madan Ostwal - Managing Director
The CIN (Corporate Identification Number) of Piramal Securities Limited is U74999MH2018PLC310476. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Piramal Securities Limited is financial services. The company specifically operates in investment banking and advisory.