Ulhas Securities Private Limited
About Ulhas Securities Private Limited
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Ulhas Securities Private Limited is a private limited company based in Sughad, Gujarat, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 02 April 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U65993GJ2003PTC042197.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Naval Kishore and Mangesh Ramchandra Kashikar.
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 Q – 202 Coral Parshwanath Atlantis Park Near Balaji Agora Mall S. P. Ring Road, Sughad, Gujarat, India – 382424.
As per the financials filed for FY 2023, the company reported a revenue of ₹33.76 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹67,045 (net margin -2%) and EBITDA of -₹2.67 Lakh (EBITDA margin -7.9%). Revenue has declined at a compounded annual rate (CAGR) of 90% over three years and 75% over five years.
As per MCA filings, the company has open charges of ₹11.81 Lakh on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ulhas Securities Private Limited's registered office is in Sughad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressQ – 202 Coral Parshwanath Atlantis Park Near Balaji Agora Mall S. P. Ring Road, Sughad, Gujarat, India – 382424
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Ulhas 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
Financials of Ulhas Securities Private Limited
FY 2025 filings availableUlhas Securities Private Limited reported revenue of ₹33.76 Lakh (down 98% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 75% over five years, including a 98% fall 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹33.76 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.67 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹67,045 | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.9% | ||||
| Net Profit Margin | -2% | ||||
| 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 Ulhas Securities Private Limited, buy the company report.
Board of directors of Ulhas Securities Private Limited
Ulhas Securities has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naval Kishore Also directs: Sharma Contractors Private Limited | Director | 31 Jul 2003 | 23 Years 3 Months | Current |
| Mangesh Ramchandra Kashikar | Director | 02 Apr 2003 | 23 Years 6 Months | Current |
| Ramachandra Ashok Bhat | Director | 01 Aug 2014 | 12 Years 3 Months | Current |
Auditor
Ulhas Securities Private Limited is audited by GARG S.KUMAR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GARG S.KUMAR & CO. | FY 2023 | 004476N |
Shareholding
The shareholding of Ulhas 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ulhas Securities Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jul 2003 | 90110590 | Sardar Vallabhbai Sahakari Bank Ltd | ₹10 Lakh | Open | |
| 28 Apr 2003 | 90110557 | Sardar Vallabhbai Sahakari Bank Ltd | ₹1.81 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Ulhas Securities Private Limited has 3 court cases on record: 1 filed by Ulhas Securities, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Principal Commissioner of Income Tax, Central, Ahmedabad | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Principal Commissioner of Income Tax, Central , Ahmedabad | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Deputy Commissioner of Income Tax | Disposed |
To see the full case history of Ulhas Securities 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 Ulhas Securities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ulhas Securities Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ulhas Securities Private Limited has 7 board changes on record since 2003: 5 appointments and 2 cessations. The latest: Anil Kumar Verma ceased to be Director on 30 Sep 2015.
Frequently asked questions
Ulhas Securities is an active private limited company based in Sughad, Gujarat, India. The company works in nbfc, within the financial services industry. It was incorporated on 02 April 2003 (23+ years old) and is registered under CIN U65993GJ2003PTC042197.
Ulhas Securities has 3 current directors:
- Naval Kishore - Director
- Mangesh Ramchandra Kashikar - Director
- Ramachandra Ashok Bhat - Director
The latest financial statements of Ulhas 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 Ulhas Securities is U65993GJ2003PTC042197. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ulhas Securities has 3 court cases on record: 1 filed by the company and 2 filed against it.
Ulhas Securities was incorporated on 02 April 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Anil Kumar Verma ceased to be Director on 30 Sep 2015. Meenaketan Govind Patro ceased to be Director on 30 Sep 2015. Ramachandra Ashok Bhat was appointed as Director on 01 Aug 2014. Ulhas Securities has 7 board changes on record in total.
The registered office of Ulhas Securities is at Q – 202 Coral Parshwanath Atlantis Park Near Balaji Agora Mall S. P. Ring Road, Sughad, Gujarat, India – 382424.
Ulhas Securities operates in the financial services industry, in the nbfc segment.
Ulhas Securities has open charges of ₹11.81 Lakh and no satisfied charges on record as per latest MCA filings.
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