Western Securities Limited
About Western Securities Limited
Data last updated: 18 February 2026
Western Securities Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Hindustan Construction Company Limited. It specialises in insurance brokerage and advisory, a part of the broader financial services sector. Incorporated on 17 September 1985, the company has been in operation for over 41 years.
Registered with ROC Mumbai under CIN U67120MH1985PLC037511.
Capital: an authorised share capital of ₹2.01 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Ajit Gulabchand and Shalaka Gulabchand Dhawan.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.37 Cr, reflecting significant growth compared to the previous year.
It operates as a subsidiary of Hindustan Construction Company Limited.
The current compliance status is marked as compliant by the Registrar of Companies.
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Registered AddressHincon House Lal Bahadur Shashtri Marg Vikhroli (Wes, T), Mumbai, Maharashtra, India – 400083
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IndustryFinancial Services, Insurance Brokerage & Advisory
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Business Activity of Western Securities Limited
Western Securities Limited is engaged in the principal business activity of financial and insurance activities, with detailed activities including activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | Locked |
Business activity turnover details for Western Securities Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Western Securities Limited
Western Securities Limited is audited by MEHTA & PAI for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MEHTA & PAI | Locked | Locked | Locked |
Complete auditor history for Western Securities Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Western Securities Limited
Western Securities Limited is currently managed by 3 directors, with 7 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Ajit Gulabchand
Also directs:
Hindustan Construction Company Limited, Champali Garden Private Limited, Seamarine Investments Private Limited and 4 more
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Director | 19 Sep 1997 | 28 Years 11 Months | Current |
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Shalaka Gulabchand Dhawan
Also directs:
Champali Garden Private Limited, Seamarine Investments Private Limited, Shalaka Investment Private Limited and 4 more
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Director | 02 May 2018 | 8 Years 3 Months | Current |
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Parmita Mandal
Also directs:
Badarpur Faridabad Tollway Limited
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Additional Director | 11 Feb 2025 | 1 Years 6 Months | Current |
Financials of Western Securities Limited FY 2025 filings available
Western Securities Limited reported revenue of ₹2.37 Cr (up 296.00% YoY) for FY 2025.
Ten-year financial statements for Western Securities Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Western Securities Limited
Shareholding and ownership data for Western Securities Limited
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- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings Western Securities Limited
Western Securities Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Western Securities Limited
View historical data on people associated with Western Securities Limited, including employment history and EPFO contributions.
Employee and EPFO history for Western Securities Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Western Securities Limited
GST registrations and filing compliance for Western Securities Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Western Securities Limited
Credit ratings, litigation, and regulatory alerts for Western Securities Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Western Securities Limited
MSME payment history for Western Securities Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
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Subsidiaries & Group Companies of Western Securities Limited
Corporate group structure for Western Securities Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Western Securities Limited
MCA filings and documents for Western Securities Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Western Securities Limited
Frequently Asked Questions about Western Securities Limited
Western Securities Limited is an active public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 17 September 1985 (41+ years old) and is registered under CIN U67120MH1985PLC037511.
Western Securities Limited reported revenue of ₹2.37 Cr for FY 2025 (up 296.00% YoY).
The current directors of Western Securities Limited are:
- Ajit Gulabchand - Director
- Shalaka Gulabchand Dhawan - Director
- Parmita Mandal - Additional Director
The primary industry of Western Securities Limited is financial services. The company specifically operates in insurance brokerage and advisory. The company is currently active in this sector.
Western Securities Limited can be reached at the registered office: Hincon House Lal Bahadur Shashtri Marg Vikhroli Wes, T, Mumbai, Maharashtra, India – 400083.
The authorised capital is ₹2.01 Cr, and the paid-up capital is ₹2 Cr.