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Bofa Securities India Limited - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1975.

1975 | Mumbai, Maharashtra, India | Active
Last Updated:

About Bofa Securities India Limited

Bofa Securities India Limited, a active public limited company, was established on 23 October 1975 in Mumbai, Maharashtra, India. Engaging in brokerage & trading services within the financial and insurance service sector, it holds CIN: U74140MH1975PLC018618. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1,093.75 Cr and a paid-up capital of ₹23.16 Cr.

Formerly known as D.S.P. Financial Consultants Limited, D.S.P. Investment Financial And Management Services Ltd. It upholds a compliant status. Employing 166 professional, Its leadership includes Manishi Kansal (Director), Sudhir Jain (Director), Mitali Ghosh (Director). Past directors included Daniel Chester Cochran, Pradeep Dokania, Sheldon Trainor Degirolamo. It holds ₹58.50 Cr open charges and ₹90.15 Cr settled loans. Its latest AGM occurred on 27 September 2024, with the balance sheet filed on 31 March 2024. It is based at Ground Floor, A Wing,One Bkc, G Block, Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra, 400051.

Company Details

  • CIN/LLPIN

    U74140MH1975PLC018618

  • Registration Number

    018618

  • Incorporation Date

    23 October 1975

  • Authorized Capital

    ₹1,093.75 Cr

  • Paid-Up Capital

    ₹23.16 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1,093.75 Cr
  • Paid Up Capital ₹ 23.16 Cr
  • Company Age 50 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 58.50 Cr
  • Satisfied Charges ₹ 90.15 Cr
  • Revenue Growth -2.26%
  • Profit Growth -16.04%
  • Ebitda -26.47%
  • Net Worth 8.80%
  • Total Assets -4.25%
Company report

Bofa Securities India Limited

Company Report FY 2025-2026

Explore comprehensive insights into Bofa Securities India Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Bofa Securities India Limited?

Current Directors

NameDesignationAppointment DateStatus
Manishi KansalDirector18 Dec 2023Current
Sudhir JainDirector24 Jul 2020Current
Mitali GhoshDirector15 Jun 2021Current
Arbind MaheswariWhole-Time Director25 Jan 2019Current
Kumar Mahendrabhai ShahDirector14 Jul 2022Current
Asit Anil BhatiaWhole-Time Director25 Nov 2011Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director25 Sep 2008Past
Pramod AbcsddWhole-Time Director23 Mar 2014Past
Pramod AbcsddAlternate Director11 Nov 2008Past
Pramod AbcsddDirector31 Dec 2008Past
Pramod AbcsddDirector01 Feb 2008Past
Pramod AbcsddAdditional Director26 Sep 2024Past

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Financial Performance of Bofa Securities India.

Bofa Securities India Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.26% decrease. The company also saw a substantial fall in profitability, with a 16.04% decrease in profit. The company's net worth moved up by a moderate rise of 8.8%.

Bofa Securities India revenue growth over time
Bofa Securities India profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-2.26%
Revenue from Operations
-9.11%
Total Assets
-4.25%
Profit or Loss
-16.04%
Net Worth
8.80%
EBITDA
-26.47%

What is the Ownership and Shareholding Structure of Bofa Securities India?

In 2023, Bofa Securities India had a promoter holding of 99.95% and a public holding of 0.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹585,000,000.00

Satisfied Charges

₹901,500,562.20

Charges Breakdown by Lending Institutions

  • Others : 50.00 Cr
  • Dresoner Bank Ag : 8.50 Cr

Latest Charge Details

DateLenderAmountStatus
03 May 2022Others₹50.00 CrOpen
13 May 1996Dresoner Bank Ag₹8.50 CrOpen
29 Jun 2017Hdfc Bank Limited₹1.12 MSatisfied
12 May 2017Hdfc Bank Limited₹2.27 MSatisfied
12 May 2017Hdfc Bank Limited₹2.24 MSatisfied

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How Many Employees Work at Bofa Securities India?

Bofa Securities India has a workforce of 166 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Bofa Securities India Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bofa Securities India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Bofa Securities India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Bofa Securities India

Recent Activity within the Organization

  • Director Appointment

    Rahul Manjeshwar was appointed as a Cfo was appointed as a Cfo on 02 Jun 2025 & has been associated with this company since 5 months 24 days . was recorded as a recent event.

  • Annual General Meeting

    Bofa Securities India Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Bofa Securities India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    Progress on Manishi Kansal was appointed as a Director was appointed as a Director on 18 Dec 2023 & has been associated with this company since 1 year 11 months . was documented.

  • Charges

    Progress on A charge registered on 14 Jun 1985 via Charge ID 90161873 with Bank Of America National Trust And Saving Association was fully satisfied on 05 Aug 2022. was documented.

  • Charges

    The activity A charge registered on 18 Mar 2014 via Charge ID 10511443 with Hdfc Bank Limited was fully satisfied on 04 Aug 2022. was completed.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Bofa Securities India Limited?

    The CIN of Bofa Securities India Limited is U74140MH1975PLC018618.

  • Where is Bofa Securities India Limited headquartered?

    Bofa Securities India Limited is headquartered at Ground Floor, A Wing,One Bkc, G Block, Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra, 400051.

  • When was Bofa Securities India Limited incorporated?

    Bofa Securities India Limited was incorporated on 23 October 1975.

  • Who are the current directors of Bofa Securities India Limited?

    The current directors of Bofa Securities India Limited are

  • What is the primary industry of Bofa Securities India Limited?

    The primary industry of Bofa Securities India Limited is Financial And Insurance Service.

  • Is Bofa Securities India Limited a listed company?

    Bofa Securities India Limited is unlisted.

  • What is the capital structure of Bofa Securities India Limited?

    The authorized capital of Bofa Securities India Limited is ₹1,093.75 Cr, and the paid-up capital is ₹23.16 Cr.

  • What is the compliance status of Bofa Securities India Limited?

    The compliance status of Bofa Securities India Limited is Compliant.

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