Ratnakar Securities Limited
About Ratnakar Securities Limited
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Ratnakar Securities Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 May 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L66120GJ1992PLC017564. It is recorded as listed by MCA, but trading in its shares on BSE (530243) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹19 Cr and a paid-up capital of ₹18.52 Cr. It was formerly known as Mangalya Soft-Tech Private Limited. It is led by directors including Ajay Jayantilal Shah (Managing Director) and Kushal Ajay Shah (Whole-Time Director).
Its last annual general meeting (AGM) was held on 15 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop – 304 Sankalp Square – 2, Nr. Delux Appartment Nr. Kalgi Char Rasta Jalaram Temple Paldi Ahmedabad – 380006, Gujarat, India – 380006.
As per the financials filed for FY 2019, the company reported a revenue of ₹8.48 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹5,878 (net margin 0.7%) and EBITDA of -₹7.31 Lakh (EBITDA margin -86.2%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹14.95 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Ratnakar Securities has undergone 2 name changes throughout its history. The company was previously known as Mangalya Soft-Tech Private Limited, and Ratnakar Securities Limited. The current legal name is Ratnakar Securities Limited.
| Company Name | Status |
|---|---|
| Ratnakar Securities Limited | Current |
| Mangalya Soft-Tech Private Limited | Previous |
CIN history
Ratnakar Securities has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L66120GJ1992PLC017564, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L66120GJ1992PLC017564 | Current |
| L32100GJ1992PLC017564 | Previous |
| U32100GJ1992PLC017564 | Previous |
Contact details
Ratnakar Securities Limited's registered office is in Ahmedabad, Gujarat.
- Registered AddressShop – 304 Sankalp Square – 2, Nr. Delux Appartment Nr. Kalgi Char Rasta Jalaram Temple Paldi Ahmedabad – 380006, Gujarat, India – 380006
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Ratnakar Securities Limited
FY 2025 filings availableRatnakar Securities Limited reported revenue of ₹8.48 Lakh (up 7% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 7% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹8.48 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7.31 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5,878 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -86.2% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ratnakar Securities Limited, buy the company report.
Board of directors of Ratnakar Securities Limited
Ratnakar Securities has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Jayantilal Shah | Managing Director | 10 Nov 2022 | 3 Years 11 Months | Current |
| Pratapbhai Teli Mukundbhai | Director | 10 Nov 2022 | 3 Years 11 Months | Current |
| Krina Sujal Desai | Director | 10 Nov 2022 | 3 Years 11 Months | Current |
| Harsh Vinodbhai Mittal Also directs: Vinod Texspin LLP, Siddhyug Textiles Private Limited, Vinod Spinners Private Limited and 2 more | Director | 10 Nov 2022 | 3 Years 11 Months | Current |
| Kushal Ajay Shah | Whole-Time Director | 10 Nov 2022 | 3 Years 11 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2024 | 100984356 | Others | ₹1.95 Cr | Open | |
| 31 May 2023 | 100728803 | Hdfc Bank Limited | ₹9 Cr | Open | |
| 04 May 2022 | 100573407 | Hdfc Bank Limited | ₹4 Cr | Open |
To see the full charge records of Ratnakar Securities Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Ratnakar 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 Ratnakar Securities Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ratnakar Securities Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ratnakar Securities Limited has 17 board changes on record since 2018: 5 appointments and 12 cessations. The latest: Harsh Vinodbhai Mittal ceased to be Additional Director on 13 Dec 2023.
12 earlier events are in the company report.
Frequently asked questions
Ratnakar Securities is an active public limited company based in Ahmedabad, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 05 May 1992 (34+ years old) and is registered under CIN L66120GJ1992PLC017564.
Ratnakar Securities has 5 current directors:
- Ajay Jayantilal Shah - Managing Director
- Kushal Ajay Shah - Whole-Time Director
- Pratapbhai Teli Mukundbhai - Director
- Krina Sujal Desai - Director
- Harsh Vinodbhai Mittal - Director
The latest financial statements of Ratnakar Securities on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 December 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ratnakar Securities is L66120GJ1992PLC017564. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ratnakar Securities is recorded as a listed company by MCA, but trading in its shares on BSE (530243) has been suspended, so they do not currently trade on a stock exchange.
Ratnakar Securities was incorporated on 05 May 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Harsh Vinodbhai Mittal ceased to be Additional Director on 13 Dec 2023. Krina Sujal Desai ceased to be Additional Director on 13 Dec 2023. Kushal Ajay Shah ceased to be Additional Director on 13 Dec 2023. Ratnakar Securities has 17 board changes on record in total.
The registered office of Ratnakar Securities is at Shop – 304 Sankalp Square – 2, Nr. Delux Appartment Nr. Kalgi Char Rasta Jalaram Temple Paldi Ahmedabad – 380006, Gujarat, India – 380006.
Ratnakar Securities operates in the information technology industry, in the application development and software solutions segment.
Ratnakar Securities has open charges of ₹14.95 Cr and no satisfied charges on record as per latest MCA filings.
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