About Vikabh Securities Private Limited
Data last updated:
Vikabh Securities Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 23 August 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1995PTC092072.
The company has an authorised share capital of ₹23.26 Cr and a paid-up capital of ₹13.56 Cr. It was formerly known as Vhb Shares & Stock Brokers Private Limited. It is led by directors including Ravi Vinod Biyani and Kailash Hardattrai Biyani.
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 B 701 Express Zone Western Express Highway Opp Adani Electricity Malad (E), Mumbai, Maharashtra, India – 400097.
As per the financials filed for FY 2025, the company reported a revenue of ₹376.85 Cr. For the same year it recorded a net profit of ₹172.93 Cr (net margin 45.9%) and EBITDA of ₹223.86 Cr (EBITDA margin 59.4%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 53% over five years.
The company has about 162 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vikabh Securities. As per MCA filings, the company has open charges of ₹1,795 Cr and satisfied charges of ₹125 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vikabh.com.
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- TelephoneLocked
- Website
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- Registered AddressB 701 Express Zone Western Express Highway Opp Adani Electricity Malad (E), Mumbai, Maharashtra, India – 400097
- 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 Vikabh Securities Private Limited
The main business activity of Vikabh Securities is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | 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 Vikabh Securities Private Limited FY 2025 filings available
Vikabh Securities Private Limited reported revenue of ₹376.85 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR) of Vikabh Securities Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 53% over five years. EBITDA fell 19% 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 Vikabh Securities 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 | ₹223.86 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹172.93 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 Vikabh Securities Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 59.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 45.9% | •••• | •••• | •••• | •••• |
| 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 Vikabh Securities 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 Vikabh Securities Private Limited
Vikabh Securities Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Financial Advisory, brokerage and Consultancy 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 |
|---|---|---|---|---|---|---|
| Deutsche Equities India Private Limited | ₹389.81 Cr (FY 2019) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Abhinandan Stock Broking Private Limited | ₹388.12 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Kolkata, West Bengal, India |
| Prognosis Securities Pvt Ltd | ₹386.23 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Kolkata, West Bengal, India |
| Akb Advisors Private Limited | ₹384.05 Cr (FY 2025) | •••• | •••• | 113.0% | •••• | Kolkata, West Bengal, India |
| Religare Securities Limited | ₹377.23 Cr (FY 2016) | •••• | •••• | -7.0% | •••• | New Delhi, Delhi, India |
| Vikabh Securities Private Limited this company | ₹376.85 Cr (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| KKR India Advisors Private Limited | ₹373.15 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Findoc Investmart Private Limited | ₹362 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Gandhinagar, Gujarat, India |
| Emkay Global Financial Services Limited Listed | ₹361.24 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Prabhudas Lilladher Advisory Services Limited | ₹359.64 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Macquarie Capital Securities (India) Private Limited | ₹353.62 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Vikabh Securities by revenue in the same principal business activity (Financial Advisory, brokerage and Consultancy 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 Vikabh Securities Private Limited
Vikabh Securities Private Limited is audited by H.M. Mody & Associates for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H.M. Mody & 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 Vikabh Securities Private Limited
Vikabh Securities has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Vinod Biyani Also directs: Globalquant Maxalpha LLP, Rubix Investment Managers Private Limited, Vestune Solutions LLP and 5 more | Director | 11 Jan 2010 | 16 Years 9 Months | Current |
| Kailash Hardattrai Biyani | Director | 13 Nov 2023 | 2 Years 10 Months | Current |
| Bharat Hardatrai Biyani | Director | 07 Jan 1996 | 30 Years 9 Months | Current |
| Suchita Bharat Biyani | Director | 31 Dec 2009 | 16 Years 9 Months | Current |
| Radha Vinod Biyani | Additional Director | 09 May 2025 | 1 Years 5 Months | Current |
| Vinod Biyani Hardattrai | Director | 01 Jul 1996 | 30 Years 3 Months | Current |
Ownership and Shareholding of Vikabh Securities 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 Vikabh Securities Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Mar 2025 | Others | ₹300 Cr | Open |
| 17 Oct 2023 | Others | ₹300 Cr | Open |
| 02 Nov 2021 | Others | ₹80 Cr | Open |
| 29 Sep 2021 | Axis Bank Limited | ₹100 Cr | Open |
| 29 Sep 2021 | Axis Bank Limited | ₹300 Cr | Open |
Total charge records: 7 View all charges
Legal Cases of Vikabh Securities Private Limited
Vikabh Securities Private Limited has 7 court cases on record: 4 filed by Vikabh Securities, 3 filed against it. All cases are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 3 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax 4 | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by Commissioner of Income Tax-4 | Disposed |
| Bombay High Court | Company petition | Filed by the company | Disposed |
Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Vikabh Securities Private Limited
Vikabh Securities operates one associated brand: Vikabh Securities. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers HNI broking, institutional broking, and arbitrage services in finance. | vikabh.com |
Employees and EPFO Compliance at Vikabh Securities Private Limited
Vikabh Securities Private Limited has a workforce of 162 employees as of Dec 30, 2024.
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 Vikabh Securities Private Limited
Vikabh Securities has one previous CIN (Corporate Identification Number): U66120MH1995PTC092072. The current CIN is U67120MH1995PTC092072, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120MH1995PTC092072 | Current |
| U66120MH1995PTC092072 | Previous |
Recent Activity on Vikabh Securities Private Limited
Vikabh Securities Private Limited has 8 board changes on record since 1996: 6 appointments and 2 cessations. The latest: Radha Vinod Biyani was appointed as Additional Director on 09 May 2025.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vikabh Securities 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 Vikabh Securities 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 Vikabh Securities 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 Vikabh Securities Private Limited
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 Vikabh Securities 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 Vikabh Securities Private Limited
Vikabh Securities is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 23 August 1995 (31+ years old) and is registered under CIN U67120MH1995PTC092072.
Vikabh Securities reported revenue of ₹376.85 Cr for FY 2025.
Vikabh Securities has 6 current directors:
- Ravi Vinod Biyani - Director
- Kailash Hardattrai Biyani - Director
- Bharat Hardatrai Biyani - Director
- Suchita Bharat Biyani - Director
- Radha Vinod Biyani - Additional Director
- Vinod Biyani Hardattrai - Director
Vikabh Securities reported a net profit of ₹172.93 Cr (net margin 45.9%) and EBITDA of ₹223.86 Cr (EBITDA margin 59.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vikabh Securities is 35% over three years and 53% over five years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Vikabh Securities is U67120MH1995PTC092072. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vikabh Securities has 7 court cases on record: 4 filed by the company and 3 filed against it.
Vikabh Securities was incorporated on 23 August 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vikabh Securities by revenue are Deutsche Equities India Private Limited, Abhinandan Stock Broking Private Limited, Prognosis Securities Pvt Ltd, Akb Advisors Private Limited, Religare Securities Limited and 5 more, all in the same principal business activity (Financial Advisory, brokerage and Consultancy Services).
Radha Vinod Biyani was appointed as Additional Director on 09 May 2025. Uday Anant Sawant ceased to be Company Secretary on 30 Apr 2024. Kailash Hardattrai Biyani was appointed as Director on 13 Nov 2023. Vikabh Securities has 8 board changes on record in total.
Vikabh Securities can be reached through the website vikabh.com. Its registered office is in Mumbai, Maharashtra, India.