About Share India Algoplus Private Limited
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Share India Algoplus Private Limited is a private limited company based in Gandhinagar, Gujarat, India, a subsidiary of Share India Securities Limited.. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 15 September 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2003PTC116293. Its GSTIN is 24AACCT0828L1ZC (Gujarat). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.74 Cr. It was formerly known as Total Commodities (India) Private Limited. It is led by directors including Suresh Girdharlal Vora and Shyam Sundar Bihani.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gandhinagar, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹211.24 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹67.61 Cr (net margin 32%) and EBITDA of ₹110.95 Cr (EBITDA margin 52.5%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 99% over five years.
The company is associated with 2 brands: Share India Algo Plus and Share India. As per MCA filings, the company has open charges of ₹1,390 Cr on record. The company has 1 deal on record (1 acquisition); the latest was in May 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shareindia.com.
Company details
CIN history
Share India Algoplus has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51909GJ2003PTC116293, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909GJ2003PTC116293 | Current |
| U51909DD2003PTC004684 | Previous |
| U51909MH2003PTC142210 | Previous |
Contact details
Share India Algoplus Private Limited's registered office is in Gandhinagar, Gujarat. Its website is shareindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered AddressUnit No. 613 And 614 6th Floor X Change Plaza, Dalal Street Commercial Co – Operative Society Limited Road 5E Block 53 Zone 5 Gift City, Gandhinagar, Gujarat, India – 382050
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Share India Algoplus 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
Share India Algoplus operates two associated brands: Share India Algo Plus and Share India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides AI-based trading solutions for equities, derivatives, and mutual funds investments. | shareindiaalgoplus.com | |
| Online trading platform for multi-assets | shareindia.com |
Business activity
The main business activity of Share India Algoplus is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Share India Algoplus Private Limited, buy the company report.
Financials of Share India Algoplus Private Limited
FY 2025 filings availableShare India Algoplus Private Limited reported revenue of ₹211.24 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 99%. EBITDA fell 9% 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 | ₹110.95 Cr | ||||
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| Net Profit (PAT) | ₹67.61 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 | 52.5% | ||||
| Net Profit Margin | 32% | ||||
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To see the full financial statements and ratios of Share India Algoplus Private Limited, buy the company report.
Board of directors of Share India Algoplus Private Limited
Share India Algoplus has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Girdharlal Vora | Director | 15 Sep 2003 | 23 Years 1 Months | Current |
| Shyam Sundar Bihani Also directs: Share India Capital Services Private Limited | Director | 30 Dec 2006 | 19 Years 10 Months | Current |
| Rachit Gupta Also directs: Share India Insurance Brokers Private Limited, Share India Capital Services Private Limited, RS Futures LLP and 2 more | Director | 28 Apr 2023 | 3 Years 6 Months | Current |
| Rajesh Harsukhlal Modi Also directs: Arika Securities Private Limited | Director | 15 Sep 2003 | 23 Years 1 Months | Current |
Auditor
Share India Algoplus Private Limited is audited by M O Mehta & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M O Mehta & Associates | FY 2023 | 135696W |
Shareholding
The shareholding of Share India Algoplus 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Share India Algoplus Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2025 | 101157220 | Others | ₹9,500 | Open | |
| 18 Jun 2025 | 101118731 | Others | ₹10 Cr | Open | |
| 24 Feb 2025 | 101073323 | Others | ₹30 Cr | Open | |
| 28 May 2024 | 100929308 | Hdfc Bank Limited | ₹100 Cr | Open | |
| 27 Oct 2023 | 100811554 | Axis Bank Limited | ₹200 Cr | Open |
To see the full charge records of Share India Algoplus Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Share India Algoplus Private Limited has 1 deal on record (1 acquisition); the latest was in May 2020.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2020 | Acquisition | Undisclosed | Buyer: Share India Securities Limited. |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Share India Algoplus Private 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 Share India Algoplus Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Share India Algoplus has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCT0828L1ZC | Gujarat | Active | 17 Mar 2021 |
| 27AACCT0828L1Z6 | Maharashtra | Active | 01 Jul 2017 |
| 09AACCT0828L1Z4 | Uttar Pradesh | Active | 30 Jul 2022 |
| 08AACCT0828L1Z6 | Rajasthan | Active | 28 Aug 2022 |
To see the full GST registrations and return filing status of Share India Algoplus Private Limited, buy the company report.
Recent activity
Share India Algoplus Private Limited has 8 board changes on record since 2003: 4 appointments and 4 cessations. The latest: Rachit Gupta ceased to be Additional Director on 19 Sep 2023.
10 earlier events are in the company report.
News
Frequently asked questions
Share India Algoplus is an active private limited company based in Gandhinagar, Gujarat, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 15 September 2003 (23+ years old) and is registered under CIN U51909GJ2003PTC116293.
Share India Algoplus has 4 current directors:
- Suresh Girdharlal Vora - Director
- Shyam Sundar Bihani - Director
- Rachit Gupta - Director
- Rajesh Harsukhlal Modi - Director
The latest financial statements of Share India Algoplus on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Share India Algoplus is 24AACCT0828L1ZC, registered in Gujarat. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 27AACCT0828L1Z6 (Maharashtra), 09AACCT0828L1Z4 (Uttar Pradesh), 08AACCT0828L1Z6 (Rajasthan).
The CIN (Corporate Identification Number) of Share India Algoplus is U51909GJ2003PTC116293. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Share India Algoplus was incorporated on 15 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Share India Algoplus has 1 deal on record (1 acquisition); the latest was in May 2020.
Rachit Gupta ceased to be Additional Director on 19 Sep 2023. Rachit Gupta was appointed as Director on 28 Apr 2023. Kamlesh Vadilal Shah ceased to be Director on 04 Jan 2023. Share India Algoplus has 8 board changes on record in total.
Share India Algoplus can be reached through the website shareindia.com. Its registered office is in Gandhinagar, Gujarat, India.
The registered office of Share India Algoplus is at Unit No. 613 And 614 6th Floor X Change Plaza, Dalal Street Commercial Co – Operative Society Limited Road 5E Block 53 Zone 5 Gift City, Gandhinagar, Gujarat, India – 382050.
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