Debut Plus

₹19.76

▲ +0.01 +0.05%

As of 23 Oct 2026 · delayed

BSE Listed

GSM · GSM 0
What does GSM · GSM 0 mean?
BSE · Graded Surveillance Measure (GSM 0)GSM targets fundamentally weak companies whose price doesn't square with their financials (tiny net worth or negative/extreme P/E). Practical meaning: the exchange doubts the price is backed by the business. Stage 0 is a watchlist; each higher stage makes the stock progressively harder to trade — tighter bands, full upfront margin, weekly-only trading, and at Stage IV no upward price movement at all. Exiting requires a quarterly review finding the criteria no longer met.Criteria: Shortlisted on objective financial parameters — net worth, net fixed assets, price-to-earnings multiple and market capitalisation. Stage 0 = base surveillance watchlist (identified under GSM, no graded price restriction yet); Stages I–VI add escalating curbs (price band, 100% margin, periodic call auction, settlement on a gross/trade-for-trade basis, no upward price movement).Exchange notice · 2026-09-11

Arihants Securities Ltd. (531017)

Volume: 45Avg Vol 1W: 384Avg Vol 1M: 2,47652W Range:₹14.21₹26.8
Market Cap₹10 Cr
Current Price₹19.76
Previous Close₹19.75
High / Low (52w)₹26.8 / ₹14.21
Volume45
Avg Vol (1W)384
Avg Vol (1M)2,476
Stock P/E45.95
Book Value₹73.38
Dividend Yield0%
ROE63.39%
ROA56.86%
Revenue (TTM)—
Revenue Growth—
Profit Margin91.67%
Total Debt—
Shares Outstanding1 Cr
Face Value—
EPS (TTM)₹0.43
P/B0.27
Debt / Equity0
50 DMA₹19.71
200 DMA₹19.92
Day change+0.05%
SurveillanceGSM · GSM 0
Price Chart
₹19.76▼ 16.09% · 1Y
₹27₹1550K
2025-10-27
2026-10-23

20-day avg volume: 3K shares

Pros
  • Healthy return on equity of 63.4%.
  • Company is almost debt-free.
  • Stock trades below its book value.
Cons
  • Revenue fell 30% YoY.
Quarterly Results
MetricSept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Revenue————————
EBITDA————————
Net Profit₹1 Cr₹1 Cr₹-1 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
EPS————————
Profit & Loss (Annual)
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue₹0 Cr₹0 Cr₹0 Cr₹2 Cr₹1 Cr₹3 Cr₹1 Cr₹1 Cr
EBITDA₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹0 Cr
Net Profit₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹1 Cr₹1 Cr₹0 Cr₹0 Cr
EPS0.3-0.120.430.193.69-0.33-0.27
Balance Sheet
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets₹6 Cr₹5 Cr₹6 Cr₹21 Cr₹23 Cr₹42 Cr₹40 Cr₹39 Cr
Total Liabilities₹0 Cr₹0 Cr₹1 Cr₹1 Cr₹1 Cr₹2 Cr₹2 Cr₹2 Cr
Equity₹5 Cr₹5 Cr₹5 Cr₹20 Cr₹21 Cr₹40 Cr₹38 Cr₹37 Cr
Total Debt————————
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating₹0 Cr₹0 Cr₹1 Cr₹0 Cr₹0 Cr₹0 Cr
Investing₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Financing₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Free Cash Flow₹0 Cr₹0 Cr₹1 Cr₹0 Cr₹0 Cr₹0 Cr
Shareholding
Promoter 46.81% Institutions 0.28% Public 52.91%
Efficiency & Working Capital
ROCE0.9%
Interest Coverage0
Dividend Payout—
Debtor Days395 d
Inventory Days0 d
Payable Days128 d
Cash Conversion Cycle267 d
Working Capital Days395 d
Shareholding Details

As of 2026-09-30

Promoter46.8%
FII0.3%
DII0%
Institutions0.3%
Public52.9%
Promoter Pledge0%
No. of Shareholders3,527
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodDec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026Sept 2026
Promoters45.7%46.8%46.8%46.8%46.8%46.8%46.8%46.8%46.8%46.8%46.8%46.8%
FIIs0%0%0%0%0.3%0.3%0.3%0.3%0.3%0.3%0.3%0.3%
DIIs0%0%0%0%0%0%0%0%0%0%0%0%
Public54.3%53.2%53.2%53.2%52.9%52.9%52.9%52.9%52.9%52.9%52.9%52.9%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders2,6903,1533,2503,4613,6683,6503,6163,6233,5953,5983,5323,527
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202603————
Major Shareholders (>1%)
NameCategoryStakeShares
Rajshri ChoudharyShareholding of Promoter and Promoter Group36.8%18,39,712
Rajesh Jagjivan PathakPublic Shareholding4.9%2,45,000
Shanthi Rajesh PathakPublic Shareholding4.4%2,20,900
Aarisha AarishaShareholding of Promoter and Promoter Group3.5%1,74,500
Asl Capital Holdings Pvt LtdShareholding of Promoter and Promoter Group3.2%1,59,100
Thakorbhai Vinubhai MistryPublic Shareholding1.7%83,778
Arihants Stock Brokers Pvt LtdShareholding of Promoter and Promoter Group1.6%78,694
Rajendra ModiPublic Shareholding1.6%78,150
Heeraa Financial Services LimitedPublic Shareholding1.5%75,300
Dmrr Commodities Pvt LtdShareholding of Promoter and Promoter Group1.4%68,730
Praveenchand NaharPublic Shareholding1.2%61,890
Tritha Industries Private LimitedPublic Shareholding1.1%55,100
Jayshreeben Jayeshbhai MistriPublic Shareholding1%52,004
Akshta .Shareholding of Promoter and Promoter Group0.2%10,000
Ravikant ChoudharyShareholding of Promoter and Promoter Group0.2%10,000
Board of Directors
NameDesignationYear
Nishikant ChoudhryNon Executive Director2026
Prakashchand Ankush JainIndependent Non Exe. Director2026
AarishaExecutive Director & MD2026
Isha RameshIndependent Non Exe. Director2026
Nutika JainCompany Sec. & Compli. Officer2026
Segments — Product
SegmentRevenueShare
Trading of Shares₹1 Cr76.3%
Others₹0 Cr23.7%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2026₹10655
Corporate Actions
TypeDateValueRemark
forthcoming2026-08-13Board Meetings—
forthcoming2026-07-30Board Meetings—
Company Information
Incorporated1994
AuditorN R Krishnamoorthy & Co
Investor Email[email protected]
🌐 www.arihantssecurities.com ↗

📍 138 Dr Radhakrishnan Salai, Mylapore, Chennai, Tamil Nadu, 600004

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