About Shardul Securities Limited
Data last updated: 05 January 2026
Shardul Securities Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in investment and credit NBFC, a part of the broader financial services sector. Incorporated on 23 July 1985, the company has been in operation for over 41 years.
Registered with ROC Mumbai under CIN U50100MH1985PLC036937. Listed on BSE: 512393.
Capital: an authorised share capital of ₹100 Cr and a paid-up capital of ₹17.5 Cr. Formerly known as Spotlight Trade & Finance Limited. It is led by directors including Sundaresan Ramamoorthy and Yogendra Chaturvedi.
Last AGM: 03 September 2025. Financial statements filed for year ended 31 March 2025. Office: G – 12 Tulsiani Chambers 212 Nariman Point, Mumbai, Maharashtra, India – 400021.
The company has a workforce of approximately 6 employees as per the latest available data.
The company is associated with 1 brand - Shardul Securities. As per MCA filings, the company has open charges of ₹10.86 Cr and satisfied charges of ₹6 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shardulsecurities.com.
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Registered AddressG – 12 Tulsiani Chambers 212 Nariman Point, Mumbai, Maharashtra, India – 400021
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IndustryFinancial Services, Investment & Credit NBFC, NBFC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Shardul Securities Limited
Shardul Securities Limited has one previous CIN (Corporate Identification Number): U50100MH1985PLC036937. The current CIN is L50100MH1985PLC036937, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L50100MH1985PLC036937 | Current |
| U50100MH1985PLC036937 | Previous |
Associated Brands with Shardul Securities Limited
Shardul Securities Limited operates one associated brand: Shardul Securities. These brands represent Shardul Securities Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Investment management, advisory, and broking services are provided. | shardulsecurities.com |
Competitors & Alternatives of Shardul Securities Limited
Brands and companies operating in the same space as Shardul Securities Limited include Fidelity Investments, UTI Mutual Fund, Goldman Sachs and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Fidelity Investments
|
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms | Boston, United States, United States | 1946 |
UTI Mutual Fund
|
Mutual funds, portfolio management, and retirement planning services are offered. | Mumbai, India, India | 2001 |
Goldman Sachs
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Investment banking services are delivered across multiple financial sectors. | New York, United States, United States | 1869 |
S&P Global
|
Platform offering business intelligence solutions that combine data and actionable analytics for clients | New York, United States, United States | 1917 |
Sundaram Finance
|
Provider of consumer & SME loans and equipment & vehicle leasing services | Chennai, India, India | 1954 |
Bank of America
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Commercial banking and asset management services are offered worldwide. | Charlotte, United States, United States | 1904 |
State Street
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Financial services are provided to asset managers worldwide. | Boston, United States, United States | - |
FIS
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Software suites for banks and financial institutions are provided. | Jacksonville, United States, United States | 1968 |
Avendus
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Corporate advisory and investment services are provided to clients. | Mumbai, India, India | 1999 |
360 One
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Asset and wealth management software is provided for businesses. | Mumbai, India, India | 2008 |
Business Activity of Shardul Securities Limited
Shardul Securities Limited operates primarily in the financial and insurance service and real estate sectors. The company has 2 registered business activity segments, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| ********* | Financial and insurance Service | ********* | Other financial activities | ********* |
| ********* | Real Estate | ********* | Real estate activities with own or leased property | ********* |
Board of Directors of Shardul Securities Limited
Shardul Securities Limited is currently managed by 11 directors, with 12 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sundaresan Ramamoorthy | Whole-Time Director | 16 Sep 1998 | 27 Years 9 Months | Current |
| Yogendra Chaturvedi | Whole-Time Director | 05 Feb 2016 | 10 Years 5 Months | Current |
| Lalit Kantilal Shah | Director | 06 Jun 2019 | 7 Years 1 Months | Current |
|
Devesh Chandrakant Vasavada
Also directs:
Trinity Digimarketing And Services Llp, Observer (India) Private Limited, Nandanbala Commercials Private Limited and 5 more
|
Director | 05 Feb 2016 | 10 Years 5 Months | Current |
| Daya Sagar Bhalia | Whole-Time Director | 14 Nov 2017 | 8 Years 7 Months | Current |
| Devesh Dinanath Chaturvedi | Director | 01 Sep 2024 | 1 Years 10 Months | Current |
Financials of Shardul Securities Limited FY 2025 filings available
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| Interest | ***** | ***** | ***** | ***** | ***** |
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| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
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| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
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| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
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| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
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| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
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| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
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| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
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| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
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| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
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| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
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| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
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| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
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| Liquidity | |||||
| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
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| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
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| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
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| Debt / EBITDA | ***** | ***** | ***** | ***** | ***** |
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| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Charges & Borrowings of Shardul Securities Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Feb 2025 | Hdfc Bank Limited | ₹56 Lakh | Open |
| 16 Dec 2023 | Hdfc Bank Limited | ₹30.26 Lakh | Open |
| 31 Oct 2023 | Others | ₹10 Cr | Open |
| 10 Jan 2006 | Indian Overseas Bank | ₹3 Cr | Satisfied |
| 26 Sep 1985 | Scici Limited | ₹3 Cr | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Shardul Securities Limited
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Employee Count & EPFO Data of Shardul Securities Limited
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GST Compliance of Shardul Securities Limited
GSTIN & GST Filing Data of Shardul Securities Limited
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Credit Ratings, Litigation & Regulatory Alerts for Shardul Securities Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Shardul Securities Limited
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MSME Payment Delays by Shardul Securities Limited
MSME Payment Delays by Shardul Securities Limited
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Subsidiaries & Group Companies of Shardul Securities Limited
Subsidiaries & Group Companies of Shardul Securities Limited
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MCA Filings & Documents of Shardul Securities Limited
MCA Filings & Documents of Shardul Securities Limited
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Recent Activity on Shardul Securities Limited
Frequently Asked Questions about Shardul Securities Limited
Shardul Securities Limited is an active public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 23 July 1985 (41+ years old) and is registered under CIN L50100MH1985PLC036937. Listed on BSE: 512393. The company has 6 employees.
The current directors of Shardul Securities Limited are:
The primary industry of Shardul Securities Limited is financial services. The company specifically operates in investment and credit nbfc. The company is currently active in this sector.
Yes. Shardul Securities Limited is listed on BSE with code 512393.
Shardul Securities Limited can be reached at the registered office: G – 12 Tulsiani Chambers 212 Nariman Point, Mumbai, Maharashtra, India – 400021, or through the website shardulsecurities.com.
The authorised capital is ₹100 Cr, and the paid-up capital is ₹17.5 Cr.