About Samco Securities Limited
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Samco Securities Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Samco Ventures Private Limited. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 10 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U66220MH2004PLC146183. Its GSTIN is 27AAICS2455A1ZL (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2.37 Cr and a paid-up capital of ₹1.76 Cr. It was formerly known as Samruddhi Stock Brokers Limited. It is led by directors including Mahesh Prabhulal Morbia and Hinesh Doshi Rameshchandra.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1004 A Wing Naman Midtown 10th Floor Senapati Bapat Marg Prabhadevi, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹110.29 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹10.82 Cr (net margin -9.8%) and EBITDA of -₹6.22 Cr (EBITDA margin -5.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 10% over five years.
The company has about 422 employees on its provident fund (EPFO) records.
The company is associated with 5 brands: KyaTrade, RankMF, StockNote, Samco and StockBasket. As per MCA filings, the company has open charges of ₹20 Cr on record. Court records list 20 cases involving the company, including 10 filed by the company and 10 filed against it; 6 cases are pending. The company has 10 deals on record (4 funding rounds, 2 acquisitions, 2 rights issues), with disclosed funding of ₹9.3 Cr; the latest was in May 2025. Its 3 peer companies in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services) are compared by revenue, 1 larger and 2 smaller; the largest is Devaashish Comtrade Private Limited with revenue of ₹112.13 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website samco.in.
Company details
CIN history
Samco Securities has one previous CIN (Corporate Identification Number): U67120MH2004PLC146183. The current CIN is U66220MH2004PLC146183, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66220MH2004PLC146183 | Current |
| U67120MH2004PLC146183 | Previous |
Contact details
Samco Securities Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Apps
- Registered Address1004 A Wing Naman Midtown 10th Floor Senapati Bapat Marg Prabhadevi, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Brokerage & Trading Services
- 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
Samco Securities operates multiple associated brands including KyaTrade, RankMF, and StockNote. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides an app-based platform for trading tips and strategies tailored to individuals. | kyatrade.com | |
| An online platform focused on mutual fund investments for users. | rankmf.com | |
| Online trading platforms and brokerage services are provided by SAMCO. | stocknote.com | |
| Online trading platforms and investment tools are provided by Samco. | samco.in | |
| Online platform for investing in stocks and shares | stockbasket.com |
Business activity
The main business activity of Samco 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 Samco Securities Limited, buy the company report.
Financials of Samco Securities Limited
FY 2025 filings availableSamco Securities Limited reported revenue of ₹110.29 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 3% growth in the latest year. EBITDA rose 30% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹6.22 Cr | ||||
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| Net Profit (PAT) | -₹10.82 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -5.6% | ||||
| Net Profit Margin | -9.8% | ||||
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To see the full financial statements and ratios of Samco Securities Limited, buy the company report.
Board of directors of Samco Securities Limited
Samco Securities has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Prabhulal Morbia Also directs: Samco Holdings and Finance Private Limited | Director | 10 May 2004 | 22 Years 5 Months | Current |
| Hinesh Doshi Rameshchandra Also directs: Hinesh R. Doshi & Co LLP, Team HRD Consulting Private Limited | Director | 30 May 2018 | 8 Years 4 Months | Current |
| Pratik Dilip Adani | Director | 02 Dec 2016 | 9 Years 10 Months | Current |
| Vipul Jayantilal Modi Also directs: K. A. Investments Consultancy LLP, Quick Trading and Investment Advisors LLP, Piyali Builders and Developers LLP and 5 more | Director | 10 May 2004 | 22 Years 5 Months | Current |
Peer comparison
Samco Securities Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Devaashish Comtrade Private Limited | ₹112.13 Cr (FY 2025) | 3396.0% | Jodhpur, Rajasthan, India | |||
| Samco Securities Limitedthis company | ₹110.29 Cr (FY 2025) | -₹10.82 Cr | -9.8% | 3.0% | Mumbai, Maharashtra, India | |
| Nam Securities Limited | ₹109.57 Cr (FY 2024) | 52.0% | New Delhi, Delhi, India | |||
| Shree Balaji Multicommodities Private Limited | ₹108.15 Cr (FY 2025) | 211.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Samco Securities Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2024 | 100901115 | Others | ₹20 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Samco Securities Limited has 10 deals on record (4 funding rounds, 2 acquisitions, 2 rights issues), with disclosed funding of ₹9.3 Cr; the latest was in May 2025.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2025 | Rights issue | ₹8.98 Cr | Investors: Samco Ventures Private Limited |
| Jan 2020 | Rights issue | ₹35.05 Cr | Investors: Samco Ventures Private Limited |
| Mar 2018 | Acquisition | ₹32.2 Cr | Buyer: Samco Ventures Private Limited |
| Apr 2015 | Acquisition | Undisclosed | Buyer: Samco Ventures Private Limited Seller: Mahesh P Morbia HUF, Vipul J Modi HUF, 2 individuals |
| Mar 2013 | Secondary share transfer | Undisclosed | Seller: Win Sure Trade Invest Private Limited |
To see the full deal history of Samco Securities Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Samco Securities Limited has 20 court cases on record: 10 filed by Samco Securities, 10 filed against it. 6 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 9 | 5 |
| District courts | 3 | 0 | 1 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Triton Communications Pvt. Ltd. | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Gupshup Technology India Private Limited | Disposed |
| Bombay High Court | Writ petition | Filed by the company against BSE Ltd. and 4 others | Disposed |
| Bombay High Court | Commercial suit | Filed against the company by Samruddhi Finstock Limited and Anr | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Samruddhi Finstock Limited and Anr | Disposed |
To see the full case history of Samco Securities 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 Samco Securities Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Samco Securities has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICS2455A1ZL | Maharashtra | Active | 01 Jul 2017 |
| 26AAICS2455A1ZN | Dadra and Nagar Haveli and Daman and Diu | Active | 19 Jan 2022 |
To see the full GST registrations and return filing status of Samco Securities Limited, buy the company report.
Recent activity
Samco Securities Limited has 10 board changes on record since 2004: 4 appointments and 6 cessations. The latest: Hinesh Doshi Rameshchandra ceased to be Additional Director on 29 Sep 2018.
2 earlier events are in the company report.
News
Frequently asked questions
Samco Securities is an active public limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 10 May 2004 (22+ years old) and is registered under CIN U66220MH2004PLC146183.
Samco Securities has 4 current directors:
- Mahesh Prabhulal Morbia - Director
- Hinesh Doshi Rameshchandra - Director
- Pratik Dilip Adani - Director
- Vipul Jayantilal Modi - Director
The latest financial statements of Samco Securities on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Samco Securities is 27AAICS2455A1ZL, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 26AAICS2455A1ZN (Dadra and Nagar Haveli and Daman and Diu).
The CIN (Corporate Identification Number) of Samco Securities is U66220MH2004PLC146183. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Samco Securities has 20 court cases on record: 10 filed by the company and 10 filed against it. 6 are pending. Most are in the high courts.
Samco Securities was incorporated on 10 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Samco Securities has 10 deals on record (4 funding rounds, 2 acquisitions, 2 rights issues), with disclosed funding of ₹9.3 Cr; the latest was in May 2025.
The peers of Samco Securities by revenue are Devaashish Comtrade Private Limited, Nam Securities Limited, Shree Balaji Multicommodities Private Limited, all in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Hinesh Doshi Rameshchandra ceased to be Additional Director on 29 Sep 2018. Hinesh Doshi Rameshchandra was appointed as Director on 30 May 2018. Pratik Dilip Adani ceased to be Additional Director on 30 Sep 2017. Samco Securities has 10 board changes on record in total.
Samco Securities can be reached through the website samco.in. Its registered office is in Mumbai, Maharashtra, India.