India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,545 Ravi B Goyal ₹1,300 Cr
Revenue · FY 2024
₹445.65 Cr
▼ 7% YoY
Net profit · FY 2024
₹19.59 Cr
Net margin 4.4%
EBITDA · FY 2024
₹73.51 Cr
EBITDA margin 16.5%
Authorised capital
₹50 Cr
Registered with MCA
Paid-up capital
₹26.05 Cr
Issued & subscribed
Open charges
₹431.28 Cr
Satisfied ₹121.84 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
2,076
Provident fund records
About Securevalue India Limited
Data last updated:
Securevalue India Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Ags Transact Technologies Limited. It operates in the cash management services segment of the financial services sector. It was incorporated on 24 April 2012 and has been in existence for over 14 years.
Its director Ravi B Goyal is #1,545 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2012PLC230193. Its GSTIN is 27AARCS3659P1Z9 (Maharashtra). The company holds 6 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹26.05 Cr. It is led by directors including Preeti Malhotra and Sudip Bandyopadhyay.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹445.65 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹19.59 Cr (net margin 4.4%) and EBITDA of ₹73.51 Cr (EBITDA margin 16.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 11% over five years.
The company has about 2,076 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Securevalue. As per MCA filings, the company has open charges of ₹431.28 Cr and satisfied charges of ₹121.84 Cr on record. Court records list 604 cases involving the company, including 26 filed by the company and 578 filed against it; 185 cases are pending. The company has 2 deals on record (2 acquisitions); the latest was in March 2019. Its 6 peer companies in the BFSI industry (Cash Management), with the same principal business activity (other support services to organizations) are compared by revenue, 3 larger and 3 smaller; the largest is CMS Info Systems Limited with revenue of ₹1,929.45 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 878 overdue payments to 81 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website securevalue.in.
Company details
CIN U74120MH2012PLC230193
Registration Number 230193
Incorporation Date 24 April 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Ags Transact Technologies Limited
Compliance Status Active Compliant
Recognitions & Rankings of Securevalue India
Contact details
Securevalue India Limited's registered office is in Mumbai, Maharashtra. Its website is securevalue.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address601 – 602 'B' Wing Trade World Kamala City Senapati Bapat Marg Lower, Parel (W), Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Cash Management Services
To see the full contact details of Securevalue India Limited, buy the company report.
Comprehensive company report
Securevalue India 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
Securevalue India operates one associated brand: Securevalue. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Currency and valuables management services for banks and financial institutions | securevalue.in |
Business activity
The main business activity of Securevalue India is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Securevalue India Limited, buy the company report.
Financials of Securevalue India Limited
FY 2024 filings availableSecurevalue India Limited reported revenue of ₹445.65 Cr (down 7% YoY) for FY 2024.
Revenue · FY 2024
₹445.65 Cr ▼ 7%
Net profit · FY 2024
₹19.59 Cr margin 4.4%
EBITDA · FY 2024
₹73.51 Cr margin 16.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 3%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 13%
5 years · compounded
▲ 15%
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 22% 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 | ₹445.65 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹73.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.59 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 | 16.5% | ||||
| Net Profit Margin | 4.4% | ||||
| 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 Securevalue India Limited, buy the company report.
Board of directors of Securevalue India Limited
Securevalue India has 3 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Preeti Malhotra Also directs: K M Advisors & Consultants (OPC) Private Limited | Director | 28 Jun 2023 | 3 Years 3 Months | Current |
| Sudip Bandyopadhyay Also directs: VST Industries Limited, Inditrade Capital Limited, Inditrade Fincorp Limited and 4 more | Director | 29 Mar 2023 | 3 Years 6 Months | Current |
| Ravi Badrinarain Goyal Also directs: India Transact Services Limited, Fillon Technologies India Private Limited, Vineha Enterprises Private Limited and 1 more | Director | 24 Apr 2012 | 14 Years 6 Months | Current |
Peer comparison
Securevalue India Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Cash Management), with the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| CMS Info Systems Limited | ₹1,929.45 Cr (FY 2023) | 21.0% | Navi Mumbai, Maharashtra, India | |||
| Writer Business Services Private Limited | ₹1,131.99 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Sis Cash Services Limited | ₹722.42 Cr (FY 2025) | 12.0% | Patna, Bihar, India | |||
| Securevalue India Limitedthis company | ₹445.65 Cr (FY 2024) | ₹19.59 Cr | 4.4% | -7.0% | 2,076 | Mumbai, Maharashtra, India |
| Radiant Cash Management Services Limited | ₹433.45 Cr (FY 2025) | 11.0% | T.Nagar, Chennai-17, Tamil Nadu, India | |||
| Electronic Payment and Services Private Limited | ₹421.34 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Brink's India Private Limited | ₹308.56 Cr (FY 2025) | 22.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Securevalue India Limited, buy the company report.
Auditor
Securevalue India Limited is audited by B S R & CO LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & CO LLP | FY 2024 | 101248W |
Shareholding
The shareholding of Securevalue India Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Securevalue India Limited, buy the company report.
Charges & borrowings
Open charges
₹431.28 Cr
Satisfied charges
₹121.84 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 May 2024 | 100944868 | Sbicap Trustee Company Limited | ₹116.71 Cr | Open | |
| 24 May 2024 | 100933072 | Sbicap Trustee Company Limited | ₹117.46 Cr | Open | |
| 07 Oct 2023 | 100804869 | Others | ₹5.66 Cr | Open | |
| 31 Mar 2022 | 100553520 | Others | ₹40 Cr | Open | |
| 29 Nov 2021 | 100520402 | Axis Bank Limited | ₹2.1 Cr | Open |
To see the full charge records of Securevalue India Limited, buy the company report.
Total charge records: 48 View all charges
Deals & funding
Securevalue India Limited has 2 deals on record (2 acquisitions); the latest was in March 2019.
Total deals
2
Acquisitions
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Acquisition | ₹77.9 Cr | Buyer: Ags Transact Technologies Limited |
| Feb 2013 | Acquisition | ₹5.5 Cr | Buyer: Ags Transact Technologies Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Securevalue India Limited has 604 court cases on record: 26 filed by Securevalue India, 578 filed against it. 185 cases are pending and 419 are disposed.
Total cases
604
Filed by the company
26
Filed against the company
578
Pending
185
Disposed
419
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 583 | 570 | 180 |
| High courts | 19 | 8 | 5 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 604)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1511MISC-Criminal Law : Criminal matters other than covered by the aforesaid categories(SLPs arising out of quashing applications, orders framing charge, summoning orders, interim orders in criminal matters, withdrawal of prosecution, orders for further investigation/re-investigation etc.) | Filed by the company against State of Up and 4 others | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Kotak Mahindra Bank Ltd Through Shweta Valekar | Pending |
| District court, North West, Delhi | Arbitration matter | Filed against the company by Kotak Mahindra Bank Ltd. | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Quess Corp Limited and 1 other | Pending |
| District court, North West, Delhi | Arbitration matter | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
To see the full case history of Securevalue India 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.
Credit ratings & regulatory alerts
Securevalue India Limited was last rated by Indiarating on 16 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 16 Oct 2020 |
To see the full credit ratings and regulatory alerts of Securevalue India Limited, buy the company report.
MSME payment delays
Securevalue India Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 878 overdue payments to 81 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 81)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| L K Nakashe Consultants Private Limited | |||
| Air-O-Tech Engineers LLP | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Securevalue India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Securevalue India Limited has a workforce of 2,076 employees on its EPFO records as of Dec 24, 2025, across 1 active EPFO establishment.
Employee count
2,076
Active EPFO establishments
1
Employee growth
-8.1%
GST
Securevalue India has 6 GST registrations: 1 active and 5 cancelled or inactive.
Total GSTINs
6
Active
1
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AARCS3659P1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Securevalue India Limited, buy the company report.
Recent activity
Securevalue India Limited has 24 board changes on record since 2012: 3 appointments and 21 cessations. The latest: Saurabh Lal ceased to be CFO on 14 Feb 2025.
Ceased
Saurabh Lal ceased to be CFO.
Ceased
Shailesh Shekar Shetty ceased to be Managing Director.
Charges
A charge registered on 31 Jul 2023 via Charge ID 100769391 with Tata Capital Financial Services Limited was fully satisfied on 15 Oct 2024.
AGM
Securevalue India Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 12 Jan 2022 via Charge ID 100531888 with State Bank Of India was fully satisfied on 06 Jun 2024.
Charges
A charge registered on 30 Jan 2021 via Charge ID 100417471 with State Bank Of India was fully satisfied on 06 Jun 2024.
Charges
A charge registered on 21 Jan 2020 via Charge ID 100323661 with State Bank Of India was fully satisfied on 06 Jun 2024.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 116.71 Cr with Charge ID 100944868 was registered on 24 May 2024.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 117.46 Cr with Charge ID 100933072 was registered on 24 May 2024.
Filing
Securevalue India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 11 Nov 2013 via Charge ID 10460229 with Standard Chartered Bank was fully satisfied on 10 Jan 2024.
Charges
A charge registered on 18 Jul 2020 via Charge ID 100362022 with Others was fully satisfied on 20 Oct 2023.
89 earlier events are in the company report.
News
Frequently asked questions
Securevalue India is an active public limited company based in Mumbai, Maharashtra, India. The company works in cash management services, within the financial services industry. It was incorporated on 24 April 2012 (14+ years old) and is registered under CIN U74120MH2012PLC230193.
Securevalue India has 3 current directors:
- Preeti Malhotra - Director
- Sudip Bandyopadhyay - Director
- Ravi Badrinarain Goyal - Director
The latest financial statements of Securevalue India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Securevalue India is 27AARCS3659P1Z9, registered in Maharashtra. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.
The CIN (Corporate Identification Number) of Securevalue India is U74120MH2012PLC230193. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Securevalue India has 604 court cases on record: 26 filed by the company and 578 filed against it. 185 are pending. Most are in the district courts.
Securevalue India was incorporated on 24 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Securevalue India has 2 deals on record (2 acquisitions); the latest was in March 2019.
The peers of Securevalue India by revenue are CMS Info Systems Limited, Writer Business Services Private Limited, Sis Cash Services Limited, Radiant Cash Management Services Limited, Electronic Payment and Services Private Limited and 1 more, all in the BFSI industry (Cash Management), with the same principal business activity (other support services to organizations).
Saurabh Lal ceased to be CFO on 14 Feb 2025. Shailesh Shekar Shetty ceased to be Managing Director on 14 Feb 2025. Preeti Malhotra was appointed as Director on 28 Jun 2023. Securevalue India has 24 board changes on record in total.
Securevalue India has 13 MSME Form 1 returns on record between 2019 and 2024, listing 878 overdue payments to 81 micro and small suppliers. The latest return was filed on 25 May 2024.
Securevalue India can be reached through the website securevalue.in. Its registered office is in Mumbai, Maharashtra, India.