It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1985.
1985 | Mumbai, Maharashtra, India | ActiveWestern Securities Limited, a active public limited company, was established on 17 September 1985 in Mumbai, Maharashtra, India. Engaging in insurance brokerage & advisory within the financial and insurance service sector, it holds CIN: U67120MH1985PLC037511. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.01 Cr and a paid-up capital of ₹2.00 Cr.
It upholds a compliant status. Its leadership includes Ajit Gulabchand (Director), Shalaka Gulabchand Dhawan (Director), Parmita Mandal (Additional Director). Past directors included Girish Govind Gangal, Shalaka Gulabchand Dhawan, Ram Pravinchandra Gandhi. Its latest AGM occurred on 10 September 2024, with the balance sheet filed on 31 March 2024. It is based at Hincon House, Lal Bahadur Shashtri Marg, Vikhroli (Wes, T), Mumbai, Maharashtra, 400083.
U67120MH1985PLC037511
037511
17 September 1985
₹2.01 Cr
₹2.00 Cr
Roc Mumbai
Unlisted
Active
Explore comprehensive insights into Western Securities Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.
Access Report
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ajit Gulabchand | Director | 19 Sep 1997 | Current |
| Shalaka Gulabchand Dhawan | Director | 02 May 2018 | Current |
| Parmita Mandal | Additional Director | 11 Feb 2025 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 01 Jan 2021 | Past |
| Pramod Abcsdd | Additional Director | 10 Jul 2018 | Past |
| Pramod Abcsdd | Director | 28 Mar 2018 | Past |
| Pramod Abcsdd | Director | 02 May 2018 | Past |
| Pramod Abcsdd | Director | 04 May 2022 | Past |
| Pramod Abcsdd | Additional Director | 28 Sep 2022 | Past |
Discover detailed profiles of directors and KMP - Unlock leadership insights today!
Western Securities Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.43% decrease. The company also saw a substantial fall in profitability, with a 302.52% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.06%.
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
In 2023, Western Securities had a promoter holding of 97.87% and a public holding of 2.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Reveal ownership structures and financial performance - Get instant access now!
There are no open charges registered against the company as per our records.
Unlock and access historical data on people associated with Western Securities, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Gain comprehensive insights into the Deals and Valuation data of Western Securities, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Western Securities's trajectory.
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Parmita Mandal was appointed as a Additional Director was appointed as a Additional Director on 11 Feb 2025 & has been associated with this company since 9 months 13 days . was recorded as a recent event.
The activity Western Securities Limited last Annual general meeting of members was held on 10 Sep 2024 as per latest MCA records. was completed.
The activity Western Securities Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.
Progress on Shalaka Gulabchand Dhawan was appointed as a Director was appointed as a Director on 02 May 2018 & has been associated with this company since 7 years 6 months . was documented.
Ajit Gulabchand was appointed as a Director was appointed as a Director on 19 Sep 1997 & has been associated with this company since 28 years 2 months . was recorded as a recent event.
Progress on Western Securities Limited was registered on 17 Sep 1985 with Roc Mumbai & aged 40 years 2 months as per MCA records. was documented.
The CIN of Western Securities Limited is U67120MH1985PLC037511.
Western Securities Limited is headquartered at Hincon House, Lal Bahadur Shashtri Marg, Vikhroli (Wes, T), Mumbai, Maharashtra, 400083.
Western Securities Limited was incorporated on 17 September 1985.
The current directors of Western Securities Limited are
The primary industry of Western Securities Limited is Financial And Insurance Service.
Western Securities Limited is unlisted.
The authorized capital of Western Securities Limited is ₹2.01 Cr, and the paid-up capital is ₹2.00 Cr.
The compliance status of Western Securities Limited is Compliant.
Search company & director profiles for free and gain access to critical business data.
Company Details
+91-XXXXXXXXXX