About Chola
Chola is a Financial Services company based in Chennai (India) founded in 1978. It offers an app-based platform for stock market trading. It operates on a B2C model. The company has 225 employees. Its Indian entity Cholamandalam Securities Limited reported revenue of ₹104 Cr. Its focus areas include Fintech, Trading Platforms and Stock Market Apps. Similar companies include Groww, Angel One and Upstox; 3 of its 3 listed similar companies have raised funding.
Company details
Chola operates with a B2C model, focusing on offering financial products and advice, fintech, trading platforms, and stock market apps. Offers an app-based platform for stock market trading. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Chennai, India
- Employees 225
- SectorsFinancial Services
- Website cholawealthdirect.com
- Legal Name Cholamandalam Securities Limited
- Date of Incorporation 20 Sep, 1994
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹104 Cr
FY 2025 · -33% YoY
- Net Profit₹8.01 Cr
FY 2025 · 8% margin
- EBITDA₹25.75 Cr
FY 2025 · 25% margin
- Employee Count225
Associated legal entities of Chola
Chola operates through Cholamandalam Securities Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Cholamandalam Securities Limited CIN U65993TN1994PLC028674 | Active | 20 Sep 1994 | Chennai, Tamil Nadu | ₹104 Cr | 225 | 6 | View details |
Board of directors of Cholamandalam Securities Limited (Chola)
Cholamandalam Securities Limited is the primary company behind Chola. The board of Cholamandalam Securities Limited currently have 4 directors; the longest-serving is Ravindra Kumar Kundu, appointed in 2018. 24 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ravindra Kumar Kundu DIN 07337155 | Director | 29 Oct 2018 | 8 yrs | Cholamandalam Securities Limited |
| Kavitha Anjaneyan DIN 07379851 | CFO | 02 Jun 2023 | 3 yrs 5 mo | Cholamandalam Securities Limited |
| Prasanth Prabhakaran Eledath DIN 06887880 | Director | 17 Jan 2024 | 2 yrs 9 mo | Cholamandalam Securities Limited |
| Arulselvan Dharmalingam DIN 00010065 | Director | 23 Apr 2025 | 1 yr 6 mo | Cholamandalam Securities Limited |
Financials of Chola
Figures of Cholamandalam Securities Limited, the primary company behind Chola, for FY 2025. Revenue was ₹104 Cr (-33% year on year). Net profit was ₹8.01 Cr (8% margin). EBITDA was ₹25.75 Cr (25% margin). Revenue has grown at a compounded annual rate of +38% over three years and +35% over five years.
- ₹104 CrRevenue · FY 2025 · -33% YoY
- ₹8.01 CrNet profit · 8% margin
- ₹25.75 CrEBITDA · 25% margin
- ₹24.48 CrPaid-up capital
- 225Employees (provident fund records)
- +38%Revenue CAGR, 3 years
- +35%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Cholamandalam Securities Limited are on its company page.
Detailed financial statements for Chola
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Similar companies to Chola
Chola has 3 listed similar companies in our database, 3 of them funded. They include Groww, Angel One and Upstox.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| groww.in | 2016 | Bengaluru, India | $595.76M | 933 | An online platform for investments and trading services is offered. | |
| angelone.in | 1996 | Mumbai, India | $38.41M | 2,974 | App-based brokerage stock trading platform | |
| upstox.com | 2009 | Mumbai, India | $219.86M | 582 | Tech-driven trading platform is offered for low-cost brokerage services. |
Detailed similar companies of Chola
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Frequently Asked Questions about Chola
Chola was founded in 1978.
Chola is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Chola has 225 employees.
The primary company behind Chola, Cholamandalam Securities Limited, reported revenue of ₹104 Cr for FY 2025, down 33% year on year.
Chola operates with a B2C model, focusing on offering financial products and advice, fintech, trading platforms, and stock market apps. Offers an app-based platform for stock market trading. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Chola operates through Cholamandalam Securities Limited.
The legal entities of Chola currently have 6 directors, including Ravindra Kumar Kundu, Balaji Harikrishnan, Arulselvan Dharmalingam and others.