TipHub

19.02

+0 +0.00%

29 Jul 2026

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).

Vikalp Securities Ltd. (531334)

Volume: 0Avg Vol 1W: 178Avg Vol 1M: 81452W Range:19.0237.43
Market Cap₹6 Cr
Current Price₹19.02
Previous Close₹19.02
High / Low (52w)₹37.43 / ₹19.02
Volume0
Avg Vol (1W)178
Avg Vol (1M)814
Stock P/E
Book Value₹7.48
Dividend Yield0%
ROE-457.02%
ROA-452.67%
Revenue (TTM)
Revenue Growth
Profit Margin0%
Total Debt
Shares Outstanding0 Cr
Face Value
EPS (TTM)₹0
P/B2.54
Debt / Equity0
50 DMA₹22.57
200 DMA₹31.67
Day change+0.00%
SurveillanceGSM · GSM 0
Price Chart
19.02 35.92% · 1Y
431914K
2025-07-29
2026-07-29

20-day avg volume: 421 shares

Pros
  • Company is almost debt-free.
Cons
  • Revenue fell 47% YoY.
  • Company is loss-making at the latest annual result.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue
EBITDA
Net Profit₹0 Cr₹0 Cr₹0 Cr₹-1 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
EPS
Profit & Loss (Annual)
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Revenue₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
EBITDA₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹-1 Cr
Net Profit₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹-1 Cr
EPS0.19-0.88-0.16-0.02-0.07-0.010.06-2.42
Balance Sheet
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets₹5 Cr₹4 Cr₹4 Cr₹4 Cr₹4 Cr₹4 Cr₹4 Cr₹2 Cr
Total Liabilities₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Equity₹4 Cr₹4 Cr₹4 Cr₹4 Cr₹4 Cr₹4 Cr₹4 Cr₹2 Cr
Total Debt
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹-1 Cr
Investing₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹1 Cr
Financing₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Free Cash Flow₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹-1 Cr
Shareholding
Promoter 45.33% Institutions 0% Public 54.67%
Efficiency & Working Capital
ROCE-4.9%
Interest Coverage0
Dividend Payout
Debtor Days
Inventory Days
Payable Days
Cash Conversion Cycle
Working Capital Days
Shareholding Details

As of 2026-06-30

Promoter45.3%
FII0%
DII0%
Institutions0%
Public54.7%
Promoter Pledge0%
No. of Shareholders2,175
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters47.7%47.7%47.7%47.7%0%0%0%45.3%45.3%45.3%45.3%45.3%
FIIs0%0%0%0%0%0%0%0%0%0%0%0%
DIIs0%0%0%0%0%0%0%0%0%0%0%0%
Public52.3%52.3%52.3%52.3%100%100%100%54.7%54.7%54.7%54.7%54.7%
Promoter Pledge0%0%0%0%0%0%0%0%0%
No. of Shareholders2,1152,1022,2052,1412,1662,1892,1892,1892,1892,1752,1752,175
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503
Major Shareholders (>1%)
NameCategoryStakeShares
Patel Kamuben DipakkumarShareholding of Promoter and Promoter Group22.7%6,91,695
Deepakbhai Ganeshbhai PatelShareholding of Promoter and Promoter Group22.7%6,91,695
The Manwani Exports & Construction P LtdPublic Shareholding3.8%1,15,300
Ayodhya Vinimay Pvt. Ltd.Public Shareholding3.1%93,969
Priyam Surendra ShahPublic Shareholding2.4%72,813
Vivek KandaPublic Shareholding1.8%54,920
Board of Directors
NameDesignationYear
Dipakbhai Ganeshbhai PatelChairman / Executive Director / Managing Director2025
Indira SureshIndependent Non Exe. Director2025
Oshin Shailesh VaghelaIndependent Non Exe. Director2025
Kamuben Dipakkumar PatelIndependent Non Exe. Director2025
Hetal Karshanbhai VaghelaCompany Sec. & Compli. Officer2025
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹10433
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2025000011
2025000000
2025000000
Company Information
Incorporated1986
ChairmanDipakbhai Ganeshbhai Patel
AuditorRajeshkumar P. Shah & Co/Gupta & Shah
Investor Email[email protected]
🌐 www.vikalpsecurities.com

📍 25/38 Karachi Khana, Kanpur, Uttar Pradesh, 208001

Technical AnalysisPremium

Technical analysis (Premium)

Log in to see RSI, MACD, moving averages, oscillators and pivot levels for this stock.

More stocks

Prices are delayed/indicative; pros & cons are AI generated. Informational only — not investment advice. ← Back to search