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. Its 10 peer companies in the BFSI industry (Broking Services) are compared by revenue, 5 larger and 5 smaller; the largest is Tradebulls Securities Private Limited with revenue of ₹213.68 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 shareindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- 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
- 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
- One PDF report, delivered after checkout
Business Activity of Share India Algoplus Private Limited
The main business activity of Share India Algoplus is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Share India Algoplus Private Limited FY 2025 filings available
Share India Algoplus Private Limited reported revenue of ₹211.24 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Share India Algoplus Private Limited
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 of Share India Algoplus Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹110.95 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹67.61 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Share India Algoplus Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 52.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 32% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Share India Algoplus are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Share India Algoplus Private Limited
Share India Algoplus Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Broking Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tradebulls Securities Private Limited | ₹213.68 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Ahmedabad, Gujarat, India |
| Parker Multi-Commodities (India) Private Limited | ₹213.51 Cr (FY 2025) | •••• | •••• | 1040.0% | •••• | Ahmedabad, Gujarat, India |
| Radar Vision Limited | ₹212.81 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Kolkata, West Bengal, India |
| Ghalla Bhansali Stock Brokers Private Limited | ₹212.55 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Mumbai, Maharashtra, India |
| Raghav Investment Private Limited | ₹211.95 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Jaipur, Rajasthan, India |
| Share India Algoplus Private Limited this company | ₹211.24 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Gandhinagar, Gujarat, India |
| C. Mackertich Private Limited | ₹209.28 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Kolkata, West Bengal, India |
| Aaban Sales Private Limited | ₹208.97 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Kolkata, West Bengal, India |
| Rangoli Techtraders Private Limited | ₹204.38 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Panchkula, Haryana, India |
| Hem Securities Limited | ₹203.61 Cr (FY 2025) | •••• | •••• | 125.0% | •••• | Jaipur, Rajasthan, India |
| Goodflow Securities Private Limited | ₹203.44 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Kandivlai West, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Share India Algoplus by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Share India Algoplus Private Limited
Share India Algoplus Private Limited is audited by M O Mehta & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M O Mehta & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
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 0 Months | Current |
| Shyam Sundar Bihani Also directs: Share India Capital Services Private Limited | Director | 30 Dec 2006 | 19 Years 9 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 5 Months | Current |
| Rajesh Harsukhlal Modi Also directs: Arika Securities Private Limited | Director | 15 Sep 2003 | 23 Years 0 Months | Current |
Ownership and Shareholding of Share India Algoplus Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Share India Algoplus Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Sep 2025 | Others | ₹9,500 | Open |
| 18 Jun 2025 | Others | ₹10 Cr | Open |
| 24 Feb 2025 | Others | ₹30 Cr | Open |
| 28 May 2024 | Hdfc Bank Limited | ₹100 Cr | Open |
| 27 Oct 2023 | Axis Bank Limited | ₹200 Cr | Open |
Total charge records: 8 View all charges
Deals & Funding of Share India Algoplus Private Limited
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. |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Share India Algoplus Private Limited
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 |
Employees and EPFO Compliance at Share India Algoplus Private Limited
Employment history and EPFO contributions of people linked to Share India Algoplus.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Share India Algoplus Private Limited
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 |
News related to Share India Algoplus Private Limited
Recent Activity on Share India Algoplus Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Share India Algoplus Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Share India Algoplus Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Share India Algoplus Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Share India Algoplus Private Limited
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 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Share India Algoplus Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Share India Algoplus Private Limited
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 reported revenue of ₹211.24 Cr for FY 2025 (down 12% YoY).
Share India Algoplus has 4 current directors:
- Suresh Girdharlal Vora - Director
- Shyam Sundar Bihani - Director
- Rachit Gupta - Director
- Rajesh Harsukhlal Modi - Director
Share India Algoplus reported a net profit of ₹67.61 Cr (net margin 32%) and EBITDA of ₹110.95 Cr (EBITDA margin 52.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Share India Algoplus is 15% over three years and 99% over five years. In the latest year (FY 2025) revenue fell 12%. CAGR is the steady yearly rate that links the first and the last year.
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.
The peers of Share India Algoplus by revenue are Tradebulls Securities Private Limited, Parker Multi-Commodities (India) Private Limited, Radar Vision Limited, Ghalla Bhansali Stock Brokers Private Limited, Raghav Investment Private Limited and 5 more, all in the BFSI industry (Broking Services).
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.