About
Basic Data Updated:
1 month agoBOFA Securities India Limited, a renowned company in the financial sector, is known for its exceptional securities brokerage services. These services are provided by the company through its offices in Mumbai and Bangalore. The company is also involved in various other activities such as stock brokering, merchant banking, and research analysis. These activities are carried out with utmost precision and expertise, making BOFA Securities India Limited a trusted name in the industry. The company's success can be attributed to its strong foundation as an indirect subsidiary of Bank of America Corporation ("BAC"). This association has not only provided the company with a solid backing, but also access to a vast network of resources and expertise. This has enabled BOFA Securities India Limited to constantly innovate and offer cutting-edge solutions to its clients. With a team of highly skilled professionals and a customer-centric approach, the company has established itself as a leader in the market. Its commitment to providing top-notch services and building long-term relationships with its clients has earned it a loyal customer base. BOFA Securities India Limited continues to strive towards excellence and is dedicated to helping its clients achieve their financial goals.
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
CIN/LLPIN/FCRN | U74140MH1975PLC018618 |
Company No. | 018618 |
Company Classification | Public Limited Indian Non-Government Company |
Incorporation Date | 23 Oct 1975 |
Date of AGM | 27 Sep 2023 |
Date of Balance Sheet | 31 Mar 2023 |
Listing Status | Unlisted |
ROC Code | Roc Mumbai |
Products or Services related to Bofa Securities India Limited
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Financials of Bofa Securities India Limited
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Bofa Securities India Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 19.7% increase. The company also saw a substantial improvement in profitability, with a 26.18% increase in profit. The company's net worth Soared by an impressive increase of 11.5%.
Corporate Structure
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Unlock access to Bofa Securities India's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Bofa Securities India Limited
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Unlock and access historical data on people associated with Bofa Securities India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (2)
NS
Naresh ShahCFO
Appointment Date: 01-Oct-2019
Status: Current
PS
Priyesha Sehgal Company SecretaryStatus: Current
Board Members(7)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Others Creation Date: 03 May 2022 | ₹50.00 Cr | Open |
Dresoner Bank Ag Creation Date: 13 May 1996 | ₹8.50 Cr | Open |
Hdfc Bank Limited Creation Date: 29 Jun 2017 | ₹1.12 M | Satisfied |
Deals i
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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
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Alert
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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.
Recent activity within the organization
Annual General Meeting
Bofa Securities India Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.
27 Sep 2023Balance Sheet
Bofa Securities India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
31 Mar 2023Charges
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.
05 Aug 2022Charges
A charge registered on 18 Mar 2014 via Charge ID 10511443 with Hdfc Bank Limited was fully satisfied on 04 Aug 2022.
04 Aug 2022Charges
A charge registered on 18 Mar 2014 via Charge ID 10513867 with Hdfc Bank Limited was fully satisfied on 04 Aug 2022.
04 Aug 2022
Recent News, Updates & Announcement
- Grasim Industries Raises 399980 Crore Through Rights Issue Plans to Pay Off Debt.
Grasim Industries Limited raised 399980 Crore through a rights issue of 22 crore equity shares Axis Capital BofA Securities India Jefferies India JM Financial Kotak Mahindra Capital and SBI Capital Markets were the lead managers with Khaitan Co and Hogan Lovells as legal counsel Cyril Amarchand Mangaldas advised Grasim Industries The funds will be used to pay off debt GrasimIndustries RightsIssue DebtFree AdityaBirlaGroup FundRaise KhaitanAndCo HoganLovells CyrilAmarchandMangaldas BarAndBench.
Bar and Bench - Indian Legal news 02 Feb 2024
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Business Wire 29 Jan 2024
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Crucibleinstitute 23 Jan 2024
- Grasim Industries Limiteds Rights Offering.
Global Legal Chronicle 22 Jan 2024
Frequently asked questions
What is the Incorporation or founding date of Bofa Securities India Limited?