Piramal Securities Limited - Company Profile

It is a financial services public limited company based in Lower Parel, Mumbai, Maharashtra, India, established in 2018.

2018 Lower Parel, Mumbai, Maharashtra, India Amalgamated

Last Updated: December 21, 2025

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About Piramal Securities Limited

Piramal Securities Limited, a amalgamated public limited company, was established on 07 June 2018 in Lower Parel, Mumbai, Maharashtra, India. Engaging in investment banking & advisory within the financial and insurance service sector, it holds CIN: U74999MH2018PLC310476. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹70.00 Cr and a paid-up capital of ₹42.00 Cr.

Employing 3 professional, Its leadership includes Shitin Dayalji Desai (Director), Bipin Singh (Director), Lalit Madan Ostwal (Managing Director). Past directors included Vipul Parimal Thakore, Bipin Singh, Dhanendra Anil Dhanak. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 4Th Floor, Piramal Tower, B Wing, Peninsula Corporate Park, G.K. Marg,, Lower Parel, Mumbai, Maharashtra, 400013.

Company Details

CIN/LLPIN
U74999MH2018PLC310476
Registration Number
310476
Incorporation Date
07 June 2018
Authorized Capital
₹70.00 Cr
Paid-Up Capital
₹42.00 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 70.00 Cr as on 21-12-2025
Paid Up Capital ₹ 42.00 Cr as on 21-12-2025
Company Age 8 Year,
Last Filing with ROC 31 Mar 2024
Revenue Growth **** -91.59% (FY 2023)
Profit Growth **** -209.32% (FY 2023)
Ebitda **** -345.05% (FY 2023)
Net Worth -7.86% (FY 2023)
Total Assets -20.45% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Piramal Securities Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Piramal Securities Limited?

Current Directors

Name	Designation	Appointment Date	Status
Shitin Dayalji Desai	Director	07 Jun 2018	Current
Bipin Singh	Director	28 Aug 2023	Current
Lalit Madan Ostwal	Managing Director	12 Apr 2021	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	02 Jul 2018	Past
Pramod Abcsdd	Additional Director	29 Sep 2023	Past
Pramod Abcsdd	Chief Financial Officer	-	Past
Pramod Abcsdd	Additional Director	12 Apr 2021	Past
Pramod Abcsdd	Cfo(Kmp)	-	Past
Pramod Abcsdd	Cfo(Kmp)	21 Jan 2019	Past

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Financial Performance of Piramal Securities.

Piramal Securities Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 91.59% decrease. The company also saw a substantial fall in profitability, with a 209.32% decrease in profit. The company's net worth dipped by a decrease of 7.86%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-91.59%

*******

Revenue from Operations

*******

-100.00%

*******

Total Assets

*******

-20.45%

*******

Profit or Loss

*******

-209.32%

*******

Net Worth

*******

-7.86%

*******

EBITDA

*******

-345.05%

*******

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What is the Ownership and Shareholding Structure of Piramal Securities?

In 2023, Piramal Securities had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Piramal Securities?

Piramal Securities has a workforce of 3 employees as of Apr 08, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Piramal Securities, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Piramal Securities's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Piramal Securities

Recent Activity within the Organization

Director Appointment

The activity Manali Anil Bhosle was appointed as a Company Secretary was appointed as a Company Secretary on 08 Nov 2024 & has been associated with this company since 1 year 6 months . was completed.
08 Nov 2024
Annual General Meeting

The activity Piramal Securities Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.
30 Sep 2024
Balance Sheet

The activity Piramal Securities Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.
31 Mar 2024
Director Appointment

The activity Pratik Hasmukh Upadhayay was appointed as a CFO was appointed as a CFO on 11 Oct 2023 & has been associated with this company since 2 years 7 months . was completed.
11 Oct 2023
Director Appointment

The activity Bipin Singh was appointed as a Director was appointed as a Director on 28 Aug 2023 & has been associated with this company since 2 years 9 months . was completed.
28 Aug 2023
Director Appointment

Progress on Lalit Madan Ostwal was appointed as a Managing Director was appointed as a Managing Director on 12 Apr 2021 & has been associated with this company since 5 years 1 month . was documented.
12 Apr 2021

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