About Ratnakar Securities Private Limited
Data last updated:
Ratnakar Securities Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the online financial services segment of the internet and digital services sector. It was incorporated on 07 October 1994.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67120GJ1994PTC099563. Its GSTIN is 24AAACR7287D2ZD (Gujarat). The company held 3 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It was led by directors Mayuriben Ajay Shah and Ajay Jayantilal Shah.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.05 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹1.9 Cr (net margin 10%) and EBITDA of ₹3.52 Cr (EBITDA margin 18.5%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 18% over five years.
The company had about 12 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 1 subsidiary.
The company was associated with 1 brand: Ratnakar Securities. As per MCA filings, the company had open charges of ₹14.95 Cr and satisfied charges of ₹1.45 Cr on record. Court records list 11 cases involving the company, including 6 filed by the company and 5 filed against it.
The last known website on record is ratnakarsecurities.com.
Company details
CIN history
Ratnakar Securities has one previous CIN (Corporate Identification Number): U67120MH1994PTC159348. The current CIN is U67120GJ1994PTC099563, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120GJ1994PTC099563 | Current |
| U67120MH1994PTC159348 | Previous |
Contact details
Ratnakar Securities Private Limited's registered office is in Ahmedabad, Gujarat. Its website is ratnakarsecurities.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered AddressShop – 304 Sankalpsquare – 2 Nr.Deluxappartment Nr.Kalgicharrasta Jalaramtemple Pa, Ldi, Ahmedabad, Gujarat, India – 380006
- IndustryInternet, Online Financial Services
To see the full contact details of Ratnakar Securities Private 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
Brands
Ratnakar Securities operates one associated brand: Ratnakar Securities. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Securities trading, derivatives, mutual funds, and wealth management services in India. | ratnakarsecurities.com |
Business activity
The main business activity of Ratnakar 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 |
To see the full business activity and turnover split of Ratnakar Securities Private Limited, buy the company report.
Financials of Ratnakar Securities Private Limited
FY 2024 filings availableRatnakar Securities Private Limited reported revenue of ₹19.05 Cr (up 58% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 58% growth in the latest year. EBITDA rose 88% 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 | ₹3.52 Cr | ||||
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| Net Profit (PAT) | ₹1.9 Cr | ||||
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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 | 18.5% | ||||
| Net Profit Margin | 10% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ratnakar Securities Private Limited, buy the company report.
Board of directors of Ratnakar Securities Private Limited
Ratnakar Securities has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayuriben Ajay Shah | Director | 07 Oct 1994 | 32 Years 1 Months | As last reported |
| Ajay Jayantilal Shah | Director | 07 Oct 1994 | 32 Years 1 Months | As last reported |
Auditor
Ratnakar Securities Private Limited is audited by MOHANLAL JAIN & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOHANLAL JAIN & CO. | FY 2023 | 106532W |
Shareholding
The shareholding of Ratnakar Securities Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ratnakar Securities Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Oct 2016 | 100070481 | Bank of India | ₹18.3 Lakh | Satisfied | |
| 30 May 2015 | 10571609 | Kotak Mahindra Bank Limited | ₹1.27 Cr | Satisfied |
To see the full charge records of Ratnakar Securities Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Ratnakar Securities Private Limited has 11 court cases on record: 6 filed by Ratnakar Securities, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 5 | 0 |
| District courts | 3 | 0 | 0 |
| NCLT | 3 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Ahmedabad | Court case (COMP.APPL) | Filed by the company | Disposed |
| NCLT, Ahmedabad | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| High Court, GUJARAT | Court case (SCR.A) | Filed against the company by individuals | Disposed |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Ratnakar Securities Private 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 Ratnakar Securities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ratnakar Securities has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ratnakar Commodities Private Limited | U27205GJ2004PTC099562 |
To see the full group structure of Ratnakar Securities Private Limited, buy the company report.
Employees & EPFO
Ratnakar Securities Private Limited has a workforce of 12 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Ratnakar Securities has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACR7287D2ZD | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ratnakar Securities Private Limited, buy the company report.
Recent activity
Ratnakar Securities Private Limited has 2 board changes on record since 1994: 2 appointments. The latest: Ajay Jayantilal Shah was appointed as Director on 07 Oct 1994.
Frequently asked questions
Ratnakar Securities 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.
Ratnakar Securities was a private limited company based in Ahmedabad, Gujarat, India. The company worked in online financial services, within the internet industry. It was incorporated on 07 October 1994 and is registered under CIN U67120GJ1994PTC099563. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ratnakar Securities was incorporated on 07 October 1994. It is registered with the Registrar of Companies, Ahmedabad.
Ratnakar Securities had 2 directors:
- Mayuriben Ajay Shah - Director
- Ajay Jayantilal Shah - Director
The CIN (Corporate Identification Number) of Ratnakar Securities is U67120GJ1994PTC099563. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ratnakar Securities is at Shop – 304 Sankalpsquare – 2 Nr.Deluxappartment Nr.Kalgicharrasta Jalaramtemple Pa, Ldi, Ahmedabad, Gujarat, India – 380006.
Ratnakar Securities can be reached through the website ratnakarsecurities.com. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of Ratnakar Securities on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ratnakar Securities is 24AAACR7287D2ZD, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
Ratnakar Securities operated in the internet industry, in the online financial services segment.
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