
About Vikalp Securities Limited
Data last updated:
Vikalp Securities Limited is a public limited company based in Kanpur, Uttar Pradesh, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 28 February 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN L68200UP1986PLC007727. It is a listed company as per MCA records. Its shares are listed on BSE: 531334.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.05 Cr. It is led by directors including Dipakkumar Ganeshbhai Patel (Managing Director) and Patel Kamuben Dipakkumar.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 25/38 Karachi Khana, Kanpur, Uttar Pradesh, India – 208001.
The net worth stands at ₹2.28 Cr (down 4.2% YoY). Total assets are valued at ₹2.28 Cr (down 4.2% YoY).
The company is associated with 1 brand: Vikalp Securities. The company has 11 deals on record (11 market trades); the latest was in May 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vikalpsecurities.com.
Company details
CIN history
Vikalp Securities has one previous CIN (Corporate Identification Number): L65993UP1986PLC007727. The current CIN is L68200UP1986PLC007727, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L68200UP1986PLC007727 | Current |
| L65993UP1986PLC007727 | Previous |
Contact details
Vikalp Securities Limited's registered office is in Kanpur, Uttar Pradesh. Its website is vikalpsecurities.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address25/38 Karachi Khana, Kanpur, Uttar Pradesh, India – 208001
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Vikalp Securities 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
Brands
Vikalp Securities operates one associated brand: Vikalp Securities. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Share trading, finance, and investment services in India. | vikalpsecurities.com |
Business activity
The main business activity of Vikalp Securities is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Vikalp Securities Limited, buy the company report.
Financials of Vikalp Securities Limited
FY 2025-26 filings availableVikalp Securities Limited reported revenue of ₹- (down 100% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 0.00 | 0.14 | 0.26 | 0.22 | 0.20 | 0.20 | 0.22 |
| Revenue growth | -100.0% | -46.2% | +18.2% | +10.0% | 0.0% | -9.1% | - |
| EBITDA | (0.13) | (0.96) | 0.02 | 0.02 | (0.02) | (0.02) | (0.05) |
| EBITDA margin | - | -685.7% | +7.7% | +9.1% | -10.0% | -10.0% | -22.7% |
| Profit before tax | (0.11) | (0.96) | 0.02 | 0.01 | (0.02) | (0.01) | (0.05) |
| Net profit | (0.10) | (0.76) | 0.02 | 0.01 | (0.02) | (0.01) | (0.05) |
| Net profit margin | - | -542.9% | +7.7% | +4.6% | -10.0% | -5.0% | -22.7% |
| EPS (₹) | (0.34) | (2.42) | 0.06 | (0.01) | (0.07) | (0.02) | (0.16) |
| Balance sheet | |||||||
| Total assets | 2.28 | 2.38 | 4.34 | 4.32 | 4.36 | 4.31 | 4.30 |
| Net worth | 2.28 | 2.38 | 4.34 | 4.31 | 4.30 | 4.30 | 4.29 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 0.01 | 0.00 |
| Cash & bank | 0.10 | 0.05 | 0.07 | 0.02 | 0.03 | 0.07 | 0.03 |
| Net working capital | 2.07 | 2.18 | 2.61 | 2.59 | 2.64 | 2.61 | 2.29 |
| Cash flow | |||||||
| Cash from operations | 0.05 | (0.67) | (0.10) | (0.29) | (0.29) | (0.14) | (0.17) |
| Cash from investing | 0.00 | 0.64 | 0.26 | 0.23 | 0.20 | 0.19 | 0.22 |
| Cash from financing | 0.00 | 0.00 | (0.11) | 0.05 | 0.05 | (0.02) | (0.03) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.13 |
| Total expenses | 0.01 | 0.06 | 0.04 | 0.00 | 0.02 | 0.84 | 0.00 | 0.19 |
| EBITDA | (0.01) | (0.06) | (0.04) | 0.00 | (0.02) | (0.84) | 0.00 | (0.19) |
| Depreciation | 0.01 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.02) | (0.04) | (0.04) | (0.02) | (0.02) | (0.84) | 0.00 | (0.06) |
| Tax | 0.00 | (0.01) | 0.00 | 0.00 | 0.00 | (0.20) | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.13 |
| Total expenses | 0.01 | 0.06 | 0.04 | 0.00 | 0.02 | 0.84 | 0.00 | 0.19 |
| EBITDA | (0.01) | (0.06) | (0.04) | 0.00 | (0.02) | (0.84) | 0.00 | (0.19) |
| Depreciation | 0.01 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.02) | (0.04) | (0.04) | (0.02) | (0.02) | (0.84) | 0.00 | (0.06) |
| Tax | 0.00 | (0.01) | 0.00 | 0.00 | 0.00 | (0.20) | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.14 | 0.26 | 0.22 | 0.20 | 0.20 | 0.22 |
| Revenue growth | -100.0% | -46.2% | +18.2% | +10.0% | 0.0% | -9.1% | - |
| Other income | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 |
| Total expenses | 0.13 | 1.10 | 0.24 | 0.20 | 0.22 | 0.22 | 0.27 |
| Employee cost | 0.00 | 0.05 | 0.09 | 0.07 | 0.08 | 0.08 | 0.08 |
| EBITDA | (0.13) | (0.96) | 0.02 | 0.02 | (0.02) | (0.02) | (0.05) |
| EBITDA margin | - | -685.7% | +7.7% | +9.1% | -10.0% | -10.0% | -22.7% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.11) | (0.96) | 0.02 | 0.01 | (0.02) | (0.01) | (0.05) |
| Tax | (0.01) | (0.20) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (0.10) | (0.76) | 0.02 | 0.01 | (0.02) | (0.01) | (0.05) |
| Net profit margin | - | -542.9% | +7.7% | +4.6% | -10.0% | -5.0% | -22.7% |
| EPS (₹) | (0.34) | (2.42) | 0.06 | (0.01) | (0.07) | (0.02) | (0.16) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 3.05 | 3.05 | 3.05 | 3.05 | 3.05 | 3.05 | 3.05 |
| Reserves & surplus | (0.77) | (0.67) | 1.29 | 1.26 | 1.25 | 1.25 | 1.24 |
| Shareholders' funds (net worth) | 2.28 | 2.38 | 4.34 | 4.31 | 4.30 | 4.30 | 4.29 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 0.01 | 0.00 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 0.01 | 0.00 |
| Total liabilities | 2.28 | 2.38 | 4.34 | 4.32 | 4.36 | 4.31 | 4.30 |
| Assets | |||||||
| Gross block | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 |
| Net block | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 1.73 | 1.72 | 1.72 | 1.70 | 1.69 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 0.10 | 0.05 | 0.07 | 0.02 | 0.03 | 0.07 | 0.03 |
| Loans & advances | 2.12 | 2.15 | 2.57 | 2.71 | 2.66 | 2.57 | 2.35 |
| Total current assets | 2.22 | 2.20 | 2.64 | 2.73 | 2.69 | 2.64 | 2.38 |
| Total current liabilities | 0.15 | 0.02 | 0.03 | 0.14 | 0.05 | 0.03 | 0.09 |
| Net working capital | 2.07 | 2.18 | 2.61 | 2.59 | 2.64 | 2.61 | 2.29 |
| Total assets | 2.28 | 2.38 | 4.34 | 4.32 | 4.36 | 4.31 | 4.30 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.05 | 0.07 | 0.02 | 0.03 | 0.07 | 0.03 | 0.02 |
| Net cash from operating activities | 0.05 | (0.67) | (0.10) | (0.29) | (0.29) | (0.14) | (0.17) |
| Net cash from investing activities | 0.00 | 0.64 | 0.26 | 0.23 | 0.20 | 0.19 | 0.22 |
| Net cash from financing activities | 0.00 | 0.00 | (0.11) | 0.05 | 0.05 | (0.02) | (0.03) |
| Net change in cash | 0.05 | (0.02) | 0.05 | (0.01) | (0.04) | 0.03 | 0.01 |
| Closing cash | 0.10 | 0.05 | 0.07 | 0.02 | 0.03 | 0.07 | 0.03 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -100.0% | -46.2% | +18.2% | +10.0% | 0.0% | -9.1% | - |
| EBITDA growth | +86.5% | -4900.0% | 0.0% | +200.0% | 0.0% | +60.0% | - |
| PBT growth | +88.5% | - | +100.0% | +9998.0% | -100.0% | +80.0% | +82.1% |
| Net income growth | +86.8% | -3900.0% | +100.0% | +150.0% | -100.0% | +80.0% | - |
| Revenue CAGR (3Y) | -100.0% | -11.2% | +9.1% | 0.0% | -10.6% | -12.6% | -15.1% |
| EBITDA CAGR (3Y) | - | +263.4% | - | - | -57.5% | - | - |
| Profitability & leverage | |||||||
| Net income margin | - | -542.9% | +7.7% | +4.6% | -10.0% | -5.0% | -22.7% |
| Return on capital employed | - | 0.0% | +0.5% | +0.2% | -0.5% | -0.2% | -1.2% |
| Return on net worth | - | 0.0% | +0.5% | 0.0% | -0.5% | -0.2% | -1.2% |
| Debt / equity | - | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.00 | 0.00 | 0.00 | 50.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 2.00 | 3.71 | 3.14 | 2.86 | 3.00 | 3.14 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | (0.34) | (2.42) | 0.06 | (0.01) | (0.07) | (0.02) | (0.16) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 7.80 | 14.23 | 14.14 | 14.10 | 14.10 | 14.08 |
To see the full year-wise statements and ratios of Vikalp Securities Limited, buy the company report.
Board of directors of Vikalp Securities Limited
Vikalp Securities has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Patel Kamuben Dipakkumar | Director | 27 Mar 2025 | 1 Years 7 Months | Current |
| Oshin Shailesh Vaghela Also directs: Jee Pumps Limited | Director | 06 Sep 2024 | 2 Years 1 Months | Current |
| Dipakkumar Ganeshbhai Patel Also directs: Unispark Foils Private Limited, Fine Diewax Castings Limited | Managing Director | 06 Sep 2024 | 2 Years 1 Months | Current |
| Indira Suresh Vora | Director | 06 Sep 2024 | 2 Years 1 Months | Current |
Auditor
Vikalp Securities Limited is audited by GUPTA & SHAH for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUPTA & SHAH | FY 2023 | 001416C |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 45.30%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 54.70%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 45.30% | 45.30% | 45.30% | 45.30% |
| Public | 54.70% | 54.70% | 54.70% | 54.70% |
Deals & funding
Vikalp Securities Limited has 11 deals on record (11 market trades); the latest was in May 2024.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2024 | Market trade | ₹9.9 Lakh | Seller: Achintya Securities Limited |
| Jul 2013 | Market trade | ₹2.2 Lakh | Buyer: an individual Seller: Raghuvansh Agrofarms Limited |
| Mar 2013 | Market trade | ₹8.8 Lakh | Buyer: Achintya Securities Limited Seller: Gagandeep Hotel and Restaurant Private Limited |
| Mar 2013 | Market trade | ₹10.9 Lakh | Buyer: Gagandeep Hotel and Restaurant Private Limited Seller: Abhijeet Singh Educational Beneficiary Trust |
| Mar 2013 | Market trade | ₹27.2 Lakh | Buyer: Ayodhya Vinimay Private Limited Seller: 2 individuals |
To see the full deal history of Vikalp Securities Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Vikalp Securities 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 Vikalp Securities 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 Vikalp Securities Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vikalp Securities Limited has 31 board changes on record since 1986: 18 appointments and 13 cessations. The latest: Arun Kejriwal ceased to be Managing Director on 27 Mar 2025.
22 earlier events are in the company report.
Frequently asked questions
Vikalp Securities is an active public limited company based in Kanpur, Uttar Pradesh, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 28 February 1986 (40+ years old) and is registered under CIN L68200UP1986PLC007727. Listed on BSE: 531334.
Vikalp Securities has 4 current directors:
- Dipakkumar Ganeshbhai Patel - Managing Director
- Patel Kamuben Dipakkumar - Director
- Oshin Shailesh Vaghela - Director
- Indira Suresh Vora - Director
The latest financial statements of Vikalp Securities on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vikalp Securities is L68200UP1986PLC007727. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Vikalp Securities is a listed company as per MCA records. Its shares are listed on BSE (code: 531334).
Vikalp Securities was incorporated on 28 February 1986, making it 40+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Vikalp Securities has 11 deals on record (11 market trades); the latest was in May 2024.
Arun Kejriwal ceased to be Managing Director on 27 Mar 2025. Patel Kamuben Dipakkumar was appointed as Director on 27 Mar 2025. Vinod Kumar Sharma ceased to be Director on 27 Mar 2025. Vikalp Securities has 31 board changes on record in total.
Vikalp Securities can be reached through the website vikalpsecurities.com. Its registered office is in Kanpur, Uttar Pradesh, India.
The registered office of Vikalp Securities is at 2538 Karachi Khana, Kanpur, Uttar Pradesh, India – 208001.

