Rikhav Securities Limited - Company Profile

Q: Who are the current directors of Rikhav Securities Limited?

The current directors of Rikhav Securities Limited are Monil Rajendra Shah, Bharti Hitesh Lakhani, Manish Lalitkumar Jain, Hitesh Himatlal Lakhani, Tarang Madanjit Mehta, Rajendra Navalchand Shah, Sona Jain, Rajendra Navalchand Shah.

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1995.

1995 Mumbai, Maharashtra, India Active

Last Updated: December 22, 2025

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About Rikhav Securities Limited

Rikhav Securities Limited, a active public limited company, was established on 21 March 1995 in Mumbai, Maharashtra, India. Engaging in brokerage & trading services within the financial and insurance service sector, it holds CIN: L99999MH1995PLC086635. Registered under ROC Roc Mumbai. it is listed. It has an authorized capital of ₹22.00 Cr and a paid-up capital of ₹19.15 Cr.

Formerly known as Brijmihan Sagarmal Finance Limited. It upholds a compliant status. In 2023, it reported revenue of ₹53.57 Cr and a net worth of ₹95.94 Cr. Its leadership includes Monil Rajendra Shah (Director), Bharti Hitesh Lakhani (Director), Manish Lalitkumar Jain (Director). Past directors included Sunil Kamalkant Chheda, Saarthak Ashwin Kothari, Vikram Navalchand Shah. It holds ₹441.20 Cr open charges and ₹21.00 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at Office No.922-A, 9Th Floor, P.J.Tower, Dalal Street, Mumbai, Mumbai, Maharashtra, 400001.

Company Details

CIN/LLPIN
L99999MH1995PLC086635
Registration Number
086635
Incorporation Date
21 March 1995
Authorized Capital
₹22.00 Cr
Paid-Up Capital
₹19.15 Cr
ROC Code
Roc Mumbai
Listing Status
Listed
Company Status
Active

Key Metrics

Authorised Capital ₹ 22.00 Cr as on 22-12-2025
Paid Up Capital ₹ 19.15 Cr as on 22-12-2025
Company Age 30 Year, 10 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 441.20 Cr as on 22-12-2025
Satisfied Charges ₹ 21.00 Cr as on 22-12-2025

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Explore comprehensive insights into Rikhav 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 Rikhav Securities Limited?

Current Directors

Name	Designation	Appointment Date	Status
Monil Rajendra Shah	Director	09 Oct 2021	Current
Bharti Hitesh Lakhani	Director	06 Jul 2024	Current
Manish Lalitkumar Jain	Director	13 Jan 2006	Current
Hitesh Himatlal Lakhani	Managing Director	14 Apr 2006	Current
Tarang Madanjit Mehta	Director	16 Feb 2023	Current
Rajendra Navalchand Shah	Whole-Time Director	28 Mar 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	09 Feb 2015	Past
Pramod Abcsdd	Additional Director	27 Sep 2023	Past
Pramod Abcsdd	Director	09 Oct 2021	Past
Pramod Abcsdd	Director	09 Oct 2021	Past
Pramod Abcsdd	Additional Director	08 Nov 2021	Past
Pramod Abcsdd	Director	09 Feb 2015	Past

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Financial Performance of Rikhav Securities.

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

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Total Revenue

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EBITDA

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What is the Ownership and Shareholding Structure of Rikhav Securities?

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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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Charges (Loans)

Open Charges

₹4,411,950,000.00

Satisfied Charges

₹210,000,000.00

Charges Breakdown by Lending Institutions

Axis Bank Limited : 316.00 Cr
Others : 75.00 Cr
Hdfc Bank Limited : 50.20 Cr

Latest Charge Details

Date	Lender	Amount	Status
30 Sep 2025	Others	₹5.00 Cr	Open
17 May 2025	Axis Bank Limited	₹10.00 Cr	Open
26 Mar 2025	Axis Bank Limited	₹1.00 Cr	Open
02 Jan 2024	Hdfc Bank Limited	₹1.95 M	Open
11 Oct 2023	Others	₹30.00 Cr	Open

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How Many Employees Work at Rikhav Securities?

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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

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Rating

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Alerts

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Latest Updates, News, and FAQs on Rikhav Securities

Recent Activity within the Organization

Charges

The activity A charge with Axis Bank Limited of Rs. 1.00 Cr registered on 26 Mar 2025 with Charge ID 101082462 was modified on 07 Nov 2025. was completed.
07 Nov 2025
Charges

A charge with Axis Bank Limited of Rs. 60.00 Cr registered on 09 Nov 2022 with Charge ID 100653579 was modified on 07 Nov 2025. was recorded as a recent event.
07 Nov 2025
Charges

The activity A charge with Axis Bank Limited of Rs. 245.00 Cr registered on 25 Oct 2021 with Charge ID 100503831 was modified on 07 Nov 2025. was completed.
07 Nov 2025
Charges

A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101173103 was registered on 30 Sep 2025. was recorded as a recent event.
30 Sep 2025
Annual General Meeting

Rikhav Securities Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was recorded as a recent event.
29 Sep 2025
Charges

Progress on A charge with Axis Bank Limited amounted to Rs. 10.00 Cr with Charge ID 101104145 was registered on 17 May 2025. was documented.
17 May 2025

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