MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-RJ-17-0033635
Thar Share Brokers Private Limited - financial services in Jaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹67.06 Cr
▼ 27% YoY
Net profit · FY 2024
₹40.77 Cr
Net margin 60.8%
EBITDA · FY 2024
₹57.7 Cr
EBITDA margin 86%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.33 Cr
Issued & subscribed
Open charges
₹185 Cr
Satisfied ₹10.32 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
2
Provident fund records
About Thar Share Brokers Private Limited
Data last updated:
Thar Share Brokers Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 24 February 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U67120RJ2004PTC095328. Its GSTIN is 08AACCT0147Q1Z0 (Rajasthan).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.33 Cr. It is led by directors Ajay Gangwal (Managing Director) and Rakhi Gangwal (Whole-Time Director).
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 Jaipur, Rajasthan.
As per the financials filed for FY 2024, the company reported a revenue of ₹67.06 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹40.77 Cr (net margin 60.8%) and EBITDA of ₹57.7 Cr (EBITDA margin 86%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 25% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Tharshare. As per MCA filings, the company has open charges of ₹185 Cr and satisfied charges of ₹10.32 Cr on record. Court records list 15 cases involving the company, including 8 filed by the company and 7 filed against it.
Thar Share Brokers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0033635). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tharshare.com.
Company details
CIN U67120RJ2004PTC095328
Registration Number 095328
Incorporation Date 24 February 2004
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-RJ-17-0033635
CIN history
Thar Share Brokers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U67120RJ2004PTC095328, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120RJ2004PTC095328 | Current |
| U67120HR2004PTC041557 | Previous |
| U67120RJ2004PTC019016 | Previous |
Recognitions & Rankings of Thar Share Brokers
Contact details
Thar Share Brokers Private Limited's registered office is in Jaipur, Rajasthan.
- Registered Address2nd Floor Plot No. F – 32, Gangwal Plaza Azad Marg C – Scheme, Jaipur, Rajasthan, India – 302001
- IndustryFinancial Services, Advisory, Consultancy, Financial Brokerage
Comprehensive company report
Thar Share Brokers Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Thar Share Brokers operates one associated brand: Tharshare. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Stock broking services in equity and derivatives in India. | tharshare.com |
Financials of Thar Share Brokers Private Limited
FY 2025 filings availableThar Share Brokers Private Limited reported revenue of ₹67.06 Cr (down 27% YoY) for FY 2024.
Revenue · FY 2024
₹67.06 Cr ▼ 27%
Net profit · FY 2024
₹40.77 Cr margin 60.8%
EBITDA · FY 2024
₹57.7 Cr margin 86%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▲ 39%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▼ 30%
3 years · compounded
▲ 45%
5 years · compounded
▲ 26%
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA fell 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹67.06 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹57.7 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹40.77 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 86% | ||||
| Net Profit Margin | 60.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Thar Share Brokers Private Limited, buy the company report.
Board of directors of Thar Share Brokers Private Limited
Thar Share Brokers has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Gangwal | Managing Director | 24 Feb 2004 | 22 Years 8 Months | Current |
| Rakhi Gangwal | Whole-Time Director | 24 Feb 2004 | 22 Years 8 Months | Current |
Charges & borrowings
Open charges
₹185 Cr
Satisfied charges
₹10.32 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jul 2025 | 101144692 | Hdfc Bank Limited | ₹135 Cr | Open | |
| 05 Jun 2021 | 100454194 | Hdfc Bank Limited | ₹50 Cr | Open | |
| 17 Nov 2020 | 100395656 | Others | ₹4.92 Cr | Satisfied | |
| 26 Mar 2020 | 100348106 | Others | ₹2.7 Cr | Satisfied | |
| 26 Mar 2020 | 100350961 | Others | ₹2.7 Cr | Satisfied |
To see the full charge records of Thar Share Brokers Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Thar Share Brokers Private Limited has 15 court cases on record: 8 filed by Thar Share Brokers, 7 filed against it. All cases are disposed.
Total cases
15
Filed by the company
8
Filed against the company
7
Disposed
15
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 4 | 0 |
| District courts | 3 | 3 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed against the company by State Government | Disposed |
| High Court | Interim or miscellaneous application | Filed against the company by Assistant Commissioner of Income | Disposed |
| High Court | Court case (SAW) | Filed against the company by Assistant Commissioner of Income | Disposed |
| High Court | Interim or miscellaneous application | Filed by the company against Assistant Commissioner of Income Tax, Circle-6 | Disposed |
| High Court | Interim or miscellaneous application | Filed by the company against Assistant Commissioner of Income Tax | Disposed |
To see the full case history of Thar Share Brokers Private 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 Thar Share Brokers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Thar Share Brokers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCT0147Q1Z0 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Thar Share Brokers Private Limited, buy the company report.
Recent activity
Thar Share Brokers Private Limited has 5 board changes on record since 2004: 2 appointments and 3 cessations. The latest: Ramji Lal Sharma ceased to be Director on 01 Nov 2009.
AGM
Thar Share Brokers Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 135.00 Cr with Charge ID 101144692 was registered on 19 Jul 2025.
Filing
Thar Share Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge registered on 17 Nov 2020 via Charge ID 100395656 with Others was fully satisfied on 22 Nov 2022.
Charges
A charge registered on 26 Mar 2020 via Charge ID 100348106 with Others was fully satisfied on 22 Nov 2022.
Charges
A charge registered on 26 Mar 2020 via Charge ID 100350961 with Others was fully satisfied on 22 Nov 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 50.00 Cr with Charge ID 100454194 was registered on 05 Jun 2021.
Charges
A charge with Others amounted to Rs. 4.92 Cr with Charge ID 100395656 was registered on 17 Nov 2020.
Charges
A charge with Others amounted to Rs. 2.70 Cr with Charge ID 100348106 was registered on 26 Mar 2020.
Charges
A charge with Others amounted to Rs. 2.70 Cr with Charge ID 100350961 was registered on 26 Mar 2020.
Ceased
Ramji Lal Sharma ceased to be Director.
Ceased
Kapil Mathur ceased to be Additional Director.
4 earlier events are in the company report.
Frequently asked questions
Thar Share Brokers is an active private limited company based in Jaipur, Rajasthan, India. The company works in advisory, within the financial services industry. It was incorporated on 24 February 2004 (22+ years old) and is registered under CIN U67120RJ2004PTC095328.
Thar Share Brokers has 2 current directors:
- Ajay Gangwal - Managing Director
- Rakhi Gangwal - Whole-Time Director
The latest financial statements of Thar Share Brokers 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 Thar Share Brokers is 08AACCT0147Q1Z0, registered in Rajasthan.
The CIN (Corporate Identification Number) of Thar Share Brokers is U67120RJ2004PTC095328. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thar Share Brokers has 15 court cases on record: 8 filed by the company and 7 filed against it. Most are in the high courts.
Thar Share Brokers was incorporated on 24 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Jaipur.
Ramji Lal Sharma ceased to be Director on 01 Nov 2009. Kapil Mathur ceased to be Additional Director on 29 Sep 2007. Rajesh Maheshwari ceased to be Director on 25 Aug 2007. Thar Share Brokers has 5 board changes on record in total.
Yes, Thar Share Brokers is registered as a medium enterprise under Udyam registration (number: UDYAM-RJ-17-0033635).
Thar Share Brokers can be reached through the website tharshare.com. Its registered office is in Jaipur, Rajasthan, India.