About Bofa Securities India Limited
Data last updated: 11 January 2026
Bofa Securities India Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Ghs Singapore Holding Pte. Ltd.. It specialises in brokerage and trading services, a part of the broader financial services sector. Incorporated on 23 October 1975, the company has been in operation for over 51 years.
Registered with ROC Mumbai under CIN U74140MH1975PLC018618.
Capital: an authorised share capital of ₹1,093.75 Cr and a paid-up capital of ₹23.16 Cr. Formerly known as D.S.P. Financial Consultants Limited and D.S.P. Investment Financial and Management Services Ltd. It is led by directors including Manishi Kansal and Sudhir Jain.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: Ground Floor A Wing One Bkc G Block Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,210.5 Cr, a growth of 2% compared to the previous year.
The company has a workforce of approximately 166 employees as per the latest available data. It operates as a subsidiary of Ghs Singapore Holding Pte. Ltd..
The company is associated with 1 brand - Bank Of America. As per MCA filings, the company has open charges of ₹58.5 Cr and satisfied charges of ₹90.15 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ml-india.com.
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Registered AddressGround Floor A Wing One Bkc G Block Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
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IndustryFinancial Services, Brokerage & Trading Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Bofa Securities India Limited
Bofa Securities India Limited has undergone 3 name changes throughout its history. The company was previously known as D.S.P. Financial Consultants Limited, D.S.P. Investment Financial And Management Services Ltd, and Dsp Merrill Lynch Limited. The current legal name is Bofa Securities India Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Bofa Securities India Limited | Current |
| D.S.P. Financial Consultants Limited | Previous |
| D.S.P. Investment Financial And Management Services Ltd | Previous |
| Dsp Merrill Lynch Limited | Previous |
CIN History of Bofa Securities India Limited
Bofa Securities India Limited has one previous CIN (Corporate Identification Number): U74140MH2004PTC018618. The current CIN is U74140MH1975PLC018618, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140MH1975PLC018618 | Current |
| U74140MH2004PTC018618 | Previous |
Associated Brands with Bofa Securities India Limited
Bofa Securities India Limited operates one associated brand: Bank of America. These brands represent Bofa Securities India Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Commercial banking and asset management services are offered worldwide. | bankofamerica.com |
Competitors & Alternatives of Bofa Securities India Limited
Brands and companies operating in the same space as Bofa Securities India Limited include Metro Bank, Truist, Yes Bank and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Metro Bank
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Commercial banking services are provided in the United Kingdom. | London, United Kingdom, United Kingdom | 2010 |
Truist
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Wealth advisory and banking services are offered to clients. | Charlotte, United States, United States | 1872 |
Yes Bank
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Commercial banking services are offered to individuals and businesses. | Mumbai, India, India | 2004 |
Axis Bank
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Provider of a commercial banking services | Mumbai, India, India | 1993 |
Alpha Bank
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Alpha Bank is recognized as a leading financial institution in Greece. | Athens, Greece, Greece | 1879 |
RBL Bank
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Commercial banking services for personal and business needs are provided. | Mumbai, India, India | 1943 |
Bandhan Bank
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Personal and business banking services are offered to underbanked markets. | Kolkata, India, India | 2014 |
HDFC Bank
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Commercial and personal banking services are offered by HDFC Bank. | Mumbai, India, India | 1994 |
Intesa Sanpaolo
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Commercial banks | Turin, Italy, Italy | 2007 |
Business Activity of Bofa Securities India Limited
Bofa Securities India Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including financial advisory, brokerage and consultancy services, other financial activities. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Bofa Securities India Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Bofa Securities India Limited
Bofa Securities India Limited is audited by B S R & Co LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & Co LLP | Locked | Locked | Locked |
Complete auditor history for Bofa Securities India Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Bofa Securities India Limited
Bofa Securities India Limited is currently managed by 7 directors, with 44 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Manishi Kansal
Also directs:
Bofa Securities India Limited
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Director | 18 Dec 2023 | 2 Years 8 Months | Current |
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Sudhir Jain
Also directs:
Bofa Securities India Limited
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Director | 24 Jul 2020 | 6 Years 1 Months | Current |
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Mitali Ghosh
Also directs:
Bofa Securities India Limited
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Director | 15 Jun 2021 | 5 Years 2 Months | Current |
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Arbind Maheswari
Also directs:
Bofa Securities India Limited
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Whole-Time Director | 25 Jan 2019 | 7 Years 7 Months | Current |
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Kumar Mahendrabhai Shah
Also directs:
Dsp Finance Private Limited, Bofa Securities India Limited
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Director | 14 Jul 2022 | 4 Years 1 Months | Current |
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Asit Anil Bhatia
Also directs:
Bofa Securities India Limited
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Whole-Time Director | 25 Nov 2011 | 14 Years 9 Months | Current |
Financials of Bofa Securities India Limited FY 2025 filings available
Bofa Securities India Limited reported revenue of ₹1,210.5 Cr (up 2.00% YoY) for FY 2025.
Ten-year financial statements for Bofa Securities India Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Bofa Securities India Limited
Shareholding and ownership data for Bofa Securities India Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bofa Securities India Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 May 2022 | Others | ₹50 Cr | Open |
| 13 May 1996 | Dresoner Bank Ag | ₹8.5 Cr | Open |
| 29 Jun 2017 | Hdfc Bank Limited | ₹11.23 Lakh | Satisfied |
| 12 May 2017 | Hdfc Bank Limited | ₹22.72 Lakh | Satisfied |
| 12 May 2017 | Hdfc Bank Limited | ₹22.42 Lakh | Satisfied |
Total charge records: 412 View all charges
Employees and EPFO Compliance at Bofa Securities India Limited
Bofa Securities India Limited has a workforce of 166 employees as of Mar 31, 2024.
Employee and EPFO history for Bofa Securities India Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Bofa Securities India Limited
GST registrations and filing compliance for Bofa Securities India Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Bofa Securities India Limited
Credit ratings, litigation, and regulatory alerts for Bofa Securities India Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Bofa Securities India Limited
MSME payment history for Bofa Securities India Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Bofa Securities India Limited
Corporate group structure for Bofa Securities India Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Bofa Securities India Limited
MCA filings and documents for Bofa Securities India Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Bofa Securities India Limited
Recent News on Bofa Securities India Limited
Frequently Asked Questions about Bofa Securities India Limited
Bofa Securities India Limited is an active public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 23 October 1975 (51+ years old) and is registered under CIN U74140MH1975PLC018618. The company has 166 employees.
Bofa Securities India Limited reported revenue of ₹1,210.5 Cr for FY 2025 (up 2.00% YoY).
The current directors of Bofa Securities India Limited are:
- Manishi Kansal - Director
- Sudhir Jain - Director
- Mitali Ghosh - Director
- Arbind Maheswari - Whole-Time Director
- Kumar Mahendrabhai Shah - Director
- Asit Anil Bhatia - Whole-Time Director
- Rajnarayan Balakrishnan - Whole-Time Director
The primary industry of Bofa Securities India Limited is financial services. The company specifically operates in brokerage and trading services. The company is currently active in this sector.
Bofa Securities India Limited can be reached at the registered office: Ground Floor A Wing One Bkc G Block Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051, or through the website ml-india.com.
The authorised capital is ₹1,093.75 Cr, and the paid-up capital is ₹23.16 Cr.