About Cholamandalam Securities Limited
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Cholamandalam Securities Limited is a public limited company based in Chennai, Tamil Nadu, India, a subsidiary of Cholamandalam Investment And Finance Company Limited. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 20 September 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65993TN1994PLC028674. Its GSTIN is 33AABCC5958R1Z2 (Tamil Nadu). The company holds 21 GST registrations, of which 18 are active.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹24.48 Cr. It was formerly known as Dbs Cholamandalam Securities Limited. It is led by directors including Ravindra Kumar Kundu and Arulselvan Dharmalingam.
Its last annual general meeting (AGM) was held on 29 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹104.44 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹8.01 Cr (net margin 7.7%) and EBITDA of ₹25.75 Cr (EBITDA margin 24.7%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 35% over five years.
The company has about 225 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Cholamandalam Securities and Chola. Court records list 15 cases involving the company, including 13 filed by the company and 2 filed against it; 1 case is pending. The company has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹35.5 Cr; the latest was in March 2025.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cholawealthdirect.com.
Company details
Contact details
Cholamandalam Securities Limited's registered office is in Chennai, Tamil Nadu. Its website is cholawealthdirect.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressChola Crest C54 – C55 & Super B – 4, Thiru VI Ka Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Cholamandalam Securities Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Cholamandalam Securities operates two associated brands: Cholamandalam Securities and Chola. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers a broker-based online platform for trading and investment activities. | cholasecurities.com | |
| Offers an app-based platform for stock market trading. | cholawealthdirect.com |
Business activity
The main business activity of Cholamandalam Securities is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Cholamandalam Securities Limited, buy the company report.
Financials of Cholamandalam Securities Limited
FY 2025 filings availableCholamandalam Securities Limited reported revenue of ₹104.44 Cr (down 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 33% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 35%. EBITDA fell 73% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹25.75 Cr | ||||
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| Net Profit (PAT) | ₹8.01 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 24.7% | ||||
| Net Profit Margin | 7.7% | ||||
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To see the full financial statements and ratios of Cholamandalam Securities Limited, buy the company report.
Board of directors and KMP of Cholamandalam Securities Limited
Cholamandalam Securities Limited currently reports 3 directors and 1 key managerial person. 23 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindra Kumar Kundu | Director | 29 Oct 2018 | 8 Years 0 Months | Current |
| Arulselvan Dharmalingam | Director | 23 Apr 2025 | 1 Years 6 Months | Current |
| Prasanth Prabhakaran Eledath | Director | 17 Jan 2024 | 2 Years 9 Months | Current |
| Kavitha Anjaneyan Also directs: Chola Business Services Limited | Cfo | 02 Jun 2023 | 3 Years 5 Months | Current |
Auditor
Cholamandalam Securities Limited is audited by SUNDARAM & SRINIVASAN for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNDARAM & SRINIVASAN | FY 2024 | 004207S |
Shareholding
The shareholding of Cholamandalam Securities Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cholamandalam Securities Limited, buy the company report.
Deals & funding
Cholamandalam Securities Limited has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹35.5 Cr; the latest was in March 2025.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: Cholamandalam Leasing Limited Seller: Cholamandalam Leasing Limited |
| May 2024 | Funding round | ₹25 Cr | Investors: Cholamandalam Leasing Limited |
| May 2014 | Rights issue | ₹2 Cr | Investors: Cholamandalam Investment and Finance Company Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Cholamandalam Investment & Finance Company Limited & M A Alagappan, Cholamandalam Investment and Finance Company Limited , Cholamandalam Investment & Finance Company Limited & D Arulselvan Seller: Cholamandalam DBS Finance Limited & M M Venkatachalam, Cholamandalam DBS Finance Limited & D Arulselvan, Cholamandalam DBS Finance Limited & M A Alagappan |
| Mar 2008 | Funding round | ₹10.5 Cr | Investors: Cholamandalam Investment and Finance Company Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cholamandalam Securities Limited has 15 court cases on record: 13 filed by Cholamandalam Securities, 2 filed against it. 1 case is pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 2 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Coimbatore, Tamil Nadu | Petition | Filed against the company by an individual | Pending |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Coimbatore, Tamil Nadu | Petition | Filed against the company by an individual | Disposed |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Cholamandalam Securities Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cholamandalam Securities Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cholamandalam Securities Limited has a workforce of 225 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Cholamandalam Securities has 21 GST registrations: 18 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCC5958R1Z2 | Tamil Nadu | Active | 01 Jul 2017 |
| 33AABCC5958R2Z1 | Tamil Nadu | Active | 25 Feb 2025 |
| 07AABCC5958R1ZX | Delhi | Active | 01 Jul 2017 |
| 19AABCC5958R1ZS | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cholamandalam Securities Limited, buy the company report.
Recent activity
Cholamandalam Securities Limited has 38 board changes on record since 1994: 21 appointments and 17 cessations. The latest: Arulselvan Dharmalingam was appointed as Director on 23 Apr 2025.
29 earlier events are in the company report.
Frequently asked questions
Cholamandalam Securities is an active public limited company based in Chennai, Tamil Nadu, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 20 September 1994 (32+ years old) and is registered under CIN U65993TN1994PLC028674.
Cholamandalam Securities has 4 current directors and KMP:
- Ravindra Kumar Kundu - Director
- Arulselvan Dharmalingam - Director
- Prasanth Prabhakaran Eledath - Director
- Kavitha Anjaneyan - Cfo
The latest financial statements of Cholamandalam Securities on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Cholamandalam Securities is 33AABCC5958R1Z2, registered in Tamil Nadu. The company has 21 GST registrations in all, of which 18 are active and 3 are cancelled or inactive. Other active GSTINs include 33AABCC5958R2Z1 (Tamil Nadu), 07AABCC5958R1ZX (Delhi), 19AABCC5958R1ZS (West Bengal).
The CIN (Corporate Identification Number) of Cholamandalam Securities is U65993TN1994PLC028674. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cholamandalam Securities has 15 court cases on record: 13 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Cholamandalam Securities was incorporated on 20 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chennai.
Cholamandalam Securities has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹35.5 Cr; the latest was in March 2025.
Arulselvan Dharmalingam was appointed as Director on 23 Apr 2025. Mahesh Madhukar Waikar ceased to be Director on 23 Apr 2025. Sasikala Varadachari ceased to be Director on 29 Mar 2025. Cholamandalam Securities has 38 board changes on record in total.
Cholamandalam Securities can be reached through the website cholawealthdirect.com. Its registered office is in Chennai, Tamil Nadu, India.
Sample company reports
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