Troika Securities Private Limited
About Troika Securities Private Limited
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Troika Securities Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 26 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1995PTC087743.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹19.41 Lakh. It was formerly known as Troika Securities Limited. It is led by directors including Saurabh Rajanikant Shah and Sudhir Kashiram Parab.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Dw1161 Tower – D West Wing Bharat Diamond Bourse Bandra Kurla Complex Bandra(E), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹188.87 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹6.37 Cr (net margin 3.4%) and EBITDA of ₹11.46 Cr (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 11% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹13 Cr and satisfied charges of ₹13 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Troika Securities Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDw1161 Tower – D West Wing Bharat Diamond Bourse Bandra Kurla Complex Bandra(E), Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Troika Securities 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
Business activity
The main business activity of Troika Securities is professional, scientific and technical activities. In detail, this covers activities of head offices; management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 70 | Activities of head offices; management consultancy activities |
To see the full business activity and turnover split of Troika Securities Private Limited, buy the company report.
Financials of Troika Securities Private Limited
FY 2025 filings availableTroika Securities Private Limited reported revenue of ₹188.87 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 14% growth in the latest year. EBITDA rose 54% 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 | ₹11.46 Cr | ||||
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| Net Profit (PAT) | ₹6.37 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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| EBITDA Margin | 6.1% | ||||
| Net Profit Margin | 3.4% | ||||
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To see the full financial statements and ratios of Troika Securities Private Limited, buy the company report.
Board of directors of Troika Securities Private Limited
Troika Securities has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Rajanikant Shah | Director | 20 Aug 1997 | 29 Years 2 Months | Current |
| Sudhir Kashiram Parab Also directs: Global Jewellery Private Limited | Director | 26 Nov 2021 | 4 Years 10 Months | Current |
| Salil Natwar Shah | Director | 26 Jun 2007 | 19 Years 3 Months | Current |
| Neil Natwar Shah | Director | 01 Apr 2006 | 20 Years 6 Months | Current |
Auditor
Troika Securities Private Limited is audited by PYS & CO. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PYS & CO. LLP | FY 2023 | 012388S/S200048 |
Shareholding
The shareholding of Troika Securities 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 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Troika Securities Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2022 | 100656460 | Bank of India | ₹13 Cr | Satisfied |
To see the full charge records of Troika Securities Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Troika Securities 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 Troika Securities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Troika Securities has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Global Jewellery Private Limited | U36910MH1992PTC069233 |
To see the full group structure of Troika Securities Private Limited, buy the company report.
GST
No GST registration is on our record for Troika Securities Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Troika Securities Private Limited has 9 board changes on record since 1997: 4 appointments and 5 cessations. The latest: Sudhir Kashiram Parab ceased to be Additional Director on 30 Nov 2021.
2 earlier events are in the company report.
Frequently asked questions
Troika Securities is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 26 April 1995 (31+ years old) and is registered under CIN U67120MH1995PTC087743.
Troika Securities has 4 current directors:
- Saurabh Rajanikant Shah - Director
- Sudhir Kashiram Parab - Director
- Salil Natwar Shah - Director
- Neil Natwar Shah - Director
The latest financial statements of Troika Securities on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Troika Securities is U67120MH1995PTC087743. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Troika Securities was incorporated on 26 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Sudhir Kashiram Parab ceased to be Additional Director on 30 Nov 2021. Sudhir Kashiram Parab was appointed as Director on 26 Nov 2021. Pawankumar Balkrishna Kankani ceased to be Director on 28 Feb 2021. Troika Securities has 9 board changes on record in total.
The registered office of Troika Securities is at Dw1161 Tower – D West Wing Bharat Diamond Bourse Bandra Kurla Complex BandraE, Mumbai, Maharashtra, India – 400051.
Troika Securities operates in the financial services industry, in the diversified financial services segment.
Troika Securities has open charges of ₹13 Cr and satisfied charges of ₹13 Cr as per latest MCA filings.
The compliance status of Troika Securities is compliant as of 05 September 2026. The company is actively filing with the Registrar of Companies.