Choice Securities Private Limited

Offers brokerage services for shares with registered office in Mumbai since 1995.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated: December 15, 2024

Choice Securities Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 29 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.60 M
  • Revenue Growth 20.48%
  • Profit Growth 137.34%
  • Ebitda 151.84%
  • Net Worth 38.96%
  • Total Assets 54.18%

About Choice Securities

Choice Securities Private Limited (CSPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 July 1995 and has a history of 29 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M.

The company has closed loans amounting to ₹3.60 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ashish Sumanlal, Tushar Ghelani, Rajeev Shankar, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67120MH1995PTC090929

  • Company No.

    090929

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jul 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Choice Securities?

Executive Team (1)

NameDesignationAppointment DateStatus
Rajeev Shankar Country flag representing In Managing Director04-Aug-1995Current

Board Members (3)

NameDesignationAppointment DateStatus
Ashish Sumanlal Country flag representing In Director 01-Nov-1999Current
Tushar Ghelani Country flag representing In Director 01-Nov-1999Current
Sonakshi Nadkarni Country flag representing In Director 04-Aug-1995Current

Financial Performance of Choice Securities.

Choice Securities Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 20.48% increase. The company also saw a substantial improvement in profitability, with a 137.34% increase in profit. The company's net worth Soared by an impressive increase of 38.96%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
20.48%
Revenue from Operations
20.85%
Total Assets
54.18%
Profit or Loss
137.34%
Net Worth
38.96%
EBITDA
151.84%

What is the Ownership and Shareholding Structure of Choice Securities?

In 2019, Choice Securities had a promoter holding of 85.00% and a public holding of 15.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹3.60 M

Charges Breakdown by Lending Institutions

  • The North Kanara G.S.B. Co-Op. Bank Ltd. : 0.20 Cr
  • Oriental Bank Of Commerce : 0.13 Cr
  • Karnataka Bank Ltd. : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jun 2014Oriental Bank Of Commerce₹0.50 MSatisfied
05 Jun 2012Oriental Bank Of Commerce₹0.80 MSatisfied
04 Aug 2008Karnataka Bank Ltd.₹0.30 MSatisfied
21 Oct 2005The North Kanara G.S.B. Co-Op. Bank Ltd.₹2.00 MSatisfied

How Many Employees Work at Choice Securities?

Unlock and access historical data on people associated with Choice Securities, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Choice 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 Choice Securities's trajectory.

Rating

Graph displaying rating trends over time

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.

Alerts

Alert Indicator

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.

Latest Updates, News, and FAQs on Choice Securities

Recent activity within the organization

  • Annual General Meeting

    Choice Securities Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Choice Securities Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 27 Jun 2014 via Charge ID 10509858 with Oriental Bank Of Commerce was fully satisfied on 30 Sep 2019.

    30 Sep 2019

  • Charges

    A charge registered on 04 Aug 2008 via Charge ID 10116136 with Karnataka Bank Ltd. was fully satisfied on 29 Jan 2018.

    29 Jan 2018

  • Charges

    A charge registered on 21 Oct 2005 via Charge ID 90352006 with The North Kanara G.S.B. Co-Op. Bank Ltd. was fully satisfied on 24 Jan 2018.

    24 Jan 2018

  • Charges

    A charge registered on 05 Jun 2012 via Charge ID 10363039 with Oriental Bank Of Commerce was fully satisfied on 15 Jan 2018.

    15 Jan 2018

Frequently asked questions

  • Choice Securities Private Limited was incorporated on 24 Jul 1995.

  • The authorized share capital of Choice Securities Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Choice Securities Private Limited.

    • Ashish Shah Sumanlal
    • Tushar Kanakrai Ghelani
    • Rajeev Nadkarni Shankar
    • Sonakshi Rajeev Nadkarni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Choice Securities Private Limited is Office No. 309 Shah And Nahar Industrial Premises Co-Operative Society Ltd. Dr. Moses Roa D, Worli India, Mumbai, Maharashtra, 400018.

  • The corporate identification number (CIN) of Choice Securities Private Limited is U67120MH1995PTC090929 and the company number is 090929 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Choice Securities Private Limited has risen by 20.48%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Choice Securities Private Limited has experienced an upsurge of 38.96%.

  • The most recent Balance Sheet for Choice Securities Private Limited was filed with the ROC on 31 Mar 2024.