About IL & FS Securities & Services
IL & FS Securities & Services is a Financial Services company based in Mumbai (India) founded in 2007, and was acquired by IndusInd Bank in March 2017. Radiology services are delivered via a network of diagnostic centers. Its chief executive, as recorded, is Rengarajan Seshadri. Its Indian entity Il&Fs Securities Services Limited reported revenue of ₹7.43 Cr. Its focus areas include Post-Trade Services and Custodians.
Company details
Founded in 2007 and based in Mumbai, India, the company operates in the healthcare sector, focusing on radiology. A Radiology as a Service model is utilized, where infrastructure, personnel, and technology are supplied to partners, enabling referring physicians to handle billing. MRI scans, cardiology services, and portals for patients and physicians are provided, with AI-assisted diagnostics incorporated using modern equipment.
- Headquarters Mumbai, India
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website ilfsdp.com
- Social LinkedIn
- Acquired by IndusInd Bank (Mar 2017)
- Legal Name Il&Fs Securities Services Limited
- Date of Incorporation 27 Jul, 2006
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹7.43 Cr
FY 2025 · -5% YoY
- Net Loss-₹355 Cr
FY 2025 · -4781% margin
- EBITDA-₹357 Cr
FY 2025 · -4798% margin
- Investors
- Acquired byIndusInd Bank
(Mar 2017)
Associated legal entities of IL & FS Securities & Services
IL & FS Securities & Services operates through Il&Fs Securities Services 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 |
|---|---|---|---|---|---|---|---|
| Il&Fs Securities Services Limited CIN U74992MH2006PLC163337 | Active | 27 Jul 2006 | Mumbai, Maharashtra | ₹7.4 Cr | 14 | 9 | View details |
Investors in IL & FS Securities & Services
IL & FS Securities & Services has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include IndusInd Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Personal and business banking products and services are provided. | 1994 | indusind.com | Pune, India |
Investor details for IL FS Securities Services
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Board of directors of Il&Fs Securities Services Limited (IL & FS Securities & Services)
Il&Fs Securities Services Limited is the primary company behind IL & FS Securities & Services. The board of Il&Fs Securities Services Limited currently have 6 directors; the longest-serving is Nand Kishore, appointed in 2018. 31 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nand Kishore DIN 08267502 | Director | 13 Dec 2018 | 7 yrs 10 mo | Il&Fs Securities Services Limited |
| Kaushik Modak DIN 01266560 | Director | 19 May 2020 | 6 yrs 5 mo | Il&Fs Securities Services Limited |
| Priya Prempal Shetty DIN 08858814 | CEO | 07 Aug 2020 | 6 yrs 3 mo | Il&Fs Securities Services Limited |
| Shekhar Sharad Prabhudesai DIN 08766338 | Director | 07 Aug 2020 | 6 yrs 3 mo | Il&Fs Securities Services Limited |
| Eric Paul Sites DIN 08919111 | Nominee Director | 24 Oct 2020 | 6 yrs | Il&Fs Securities Services Limited |
| Dhruvil Pareshbhai Shah DIN 07506027 | CFO | 10 Nov 2022 | 3 yrs 11 mo | Il&Fs Securities Services Limited |
People of IL & FS Securities & Services
7 people are tracked at IL & FS Securities & Services (2 in leadership, 5 in team).
| Name | Role | Group |
|---|---|---|
| CEO & MD | Leadership | |
Ashma Zaveri | Head Operations Risk Management | Leadership |
Tejas Gawas | Assistant | Team |
Viral Joshi | Manager | Team |
Santosh S | Executive | Team |
Madhu Av | AVP | Team |
Vikram Mathur | Deals In Demat Accounts,mutual Funds,kycs,pms | Team |
Complete people profiles for IL & FS Securities & Services
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Financials of IL & FS Securities & Services
Figures of Il&Fs Securities Services Limited, the primary company behind IL & FS Securities & Services, for FY 2025. Revenue was ₹7.43 Cr (-5% year on year). Net loss was -₹355 Cr (-4781% margin). EBITDA was -₹357 Cr (-4798% margin). Revenue has grown at a compounded annual rate of -10% over three years and -24% over five years.
- ₹7.43 CrRevenue · FY 2025 · -5% YoY
- -₹355 CrNet loss · -4781% margin
- -₹357 CrEBITDA · -4798% margin
- ₹23.78 CrPaid-up capital
- 14Employees (provident fund records)
- -10%Revenue CAGR, 3 years
- -24%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Il&Fs Securities Services Limited are on its company page.
Detailed financial statements for IL & FS Securities & Services
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Timeline of IL & FS Securities & Services
2 dated milestones of IL & FS Securities & Services across 10 years, from founding to its latest funding, stage changes and deals.
- Founded IL & FS Securities & Services is founded.
- Exit Acquired by IndusInd Bank.
Web traffic of IL & FS Securities & Services
The website of IL & FS Securities & Services (ilfsdp.com) receives about 3.6K visits a month.
- Monthly visits3.6K
▲ 5.2% vs previous month
Websites whose visitors overlap most with IL & FS Securities & Services. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
intranet.rathi.com | intranet.rathi.com | 100% | – | ||
| connect2nse.com | 99% | #713,176 | View details | ||
| ilfsindia.com | 94% | 16.1K | #1,680,254 | View details | |
| ilfsifin.com | 67% | 2.3K | #6,599,888 | View details | |
ilfsets.com | ilfsets.com | 60% | – |
Top companies in Post-Trade Services
3 companies that operate in the same segment as IL & FS Securities & Services (Post-Trade Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Securities depository and settlement service provider, facilitating the registration, transfer, and settlement of securities for investors, brokers... | 1996 | Mumbai, Maharashtra, India | USD 174.37 M | 450 | ||
Central depository services are provided to the Indian financial market. | 1999 | Mumbai, Maharashtra, India | USD 131.31 M | 839 | ||
Financial advisory services focusing on fund raising, M&A, and debt syndication. | 2011 | Chennai, Tamil Nadu, India | USD 461.35 K |
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Related news about Il & Fs Securities & Services
Complete news archive for IL FS Securities Services
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Frequently Asked Questions about IL & FS Securities & Services
IL & FS Securities & Services was founded in 2007.
IL & FS Securities & Services is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Rengarajan Seshadri is the CEO of IL & FS Securities & Services, as recorded in our data.
The primary company behind IL & FS Securities & Services, Il&Fs Securities Services Limited, reported revenue of ₹7.43 Cr for FY 2025, down 5% year on year.
Founded in 2007 and based in Mumbai, India, the company operates in the healthcare sector, focusing on radiology. A Radiology as a Service model is utilized, where infrastructure, personnel, and technology are supplied to partners, enabling referring physicians to handle billing. MRI scans, cardiology services, and portals for patients and physicians are provided, with AI-assisted diagnostics incorporated using modern equipment.
IL & FS Securities & Services has 1 investor. Key investors include IndusInd Bank.
IL & FS Securities & Services operates through Il&Fs Securities Services Limited.
Yes. IL & FS Securities & Services was acquired by IndusInd Bank in March 2017.
The legal entities of IL & FS Securities & Services currently have 7 directors, including Kaushik Modak, Priya Prempal Shetty, Shekhar Sharad Prabhudesai and others.