Shardul Securities Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 17.50 Cr
- Company Age 39 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.30 Cr
- Satisfied Charges ₹ 6.00 Cr
- Revenue Growth -10.96%
- Profit Growth -84.71%
- Ebitda -80.11%
- Net Worth -6.65%
- Total Assets -7.14%
About Shardul Securities
Shardul Securities Limited (SSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 July 1985 and has a history of 39 years and six months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 512393.
The Corporate was formerly known as Spotlight Trade & Finance Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 100.00 Cr and a paid-up capital of Rs 17.50 Cr.
The company currently has active open charges totaling ₹10.30 Cr. The company has closed loans amounting to ₹6.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Shardul Securities Limited India are Daya Bhalia as Company Secretary, Tarun Chaturvedi as Cfo, and Viraf Katrak as Ceo. Daya Bhalia, Devesh Vasavada, Charul Abuwala, and Three other members 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
L50100MH1985PLC036937
- Company No.
036937
- Stock Symbol
BSE : 512393
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Jul 1985
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Shardul Securities?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Daya Bhalia  | Company Secretary | 01-Dec-2017 | Current |
| Tarun Chaturvedi | CFO | 13-Nov-2020 | Current |
| Viraf Katrak | CEO | 21-Aug-2023 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Charul Abuwala | Director | 31-Mar-2005 | Current |
| Daya Bhalia | Whole-Time Director and Company Secretary | 14-Nov-2017 | Current |
| Devesh Vasavada | Director | 05-Feb-2016 | Current |
| Sundaresan Ramamoorthy | Whole-Time Director | 16-Sep-1998 | Current |
| Yogendra Chaturvedi | Whole-Time Director | 05-Feb-2016 | Current |
| Lalit Shah | Director | 06-Jun-2019 | Current |
Financial Performance of Shardul Securities.
Shardul Securities Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.96% decrease. The company also saw a substantial fall in profitability, with a 84.71% decrease in profit. The company's net worth dipped by a decrease of 6.65%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Shardul Securities?
In 2022, Shardul Securities had a promoter holding of 74.84% and a public holding of 25.16%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Nandanbala Commercials Private LimitedDevesh Vasavada is a mutual person
Trinity Digimarketing And Services LlpDevesh Vasavada is a mutual person
- Observer (India) Private Limited
Devesh Vasavada is a mutual person
- Cedron Commercials Private Limited
Devesh Vasavada is a mutual person
- Hitech Dealers Private Limited
Devesh Vasavada is a mutual person
- Yashasvi Communications Private Limited
Devesh Vasavada is a mutual person
Charges (Loans)
₹10.30 Cr
₹6.00 Cr
Charges Breakdown by Lending Institutions
- Others : 10.00 Cr
- Hdfc Bank Limited : 0.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Dec 2023 | Hdfc Bank Limited | ₹3.03 M | Open |
| 31 Oct 2023 | Others | ₹10.00 Cr | Open |
| 10 Jan 2006 | Indian Overseas Bank | ₹3.00 Cr | Satisfied |
| 26 Sep 1985 | Scici Limited | ₹3.00 Cr | Satisfied |
How Many Employees Work at Shardul Securities?
Shardul Securities has a workforce of 6 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Shardul 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 Shardul Securities's trajectory.
Rating
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
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.
