Bofa Securities India Limited

Bofa Securities India Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U74140MH1975PLC018618 Incorporated 23 October 1975 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company financial services
Data last updated
Revenue · FY 2025
₹1,210.5 Cr
▲ 2.00% YoY
EBITDA · FY 2025
*****
▼ 4.00% YoY
Net profit · FY 2025
*****
▼ 4.00% YoY
Authorised capital
₹1,093.75 Cr
Registered with MCA
Paid-up capital
₹23.16 Cr
Issued & subscribed
Open charges
₹58.5 Cr
Satisfied ₹90.15 Cr
Company age
51 yrs
Est. 1975
Employees · EPFO
166
Latest available

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 U74140MH2004PTC018618.

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.

Company Details of Bofa Securities India Limited
CIN U74140MH1975PLC018618
Registration Number 018618
Incorporation Date 23 October 1975
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Ghs Singapore Holding Pte. Ltd.
Compliance Status Active Compliant
Key People
Arbind Maheswari Whole-Time Director Asit Anil Bhatia Whole-Time Director Rajnarayan Balakrishnan Whole-Time Director
Contact Details
  • Email
    **************
  • Telephone
    **************
  • Website
    **************
  • Social Media
  • Registered Address
    Ground Floor A Wing One Bkc G Block Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
  • Industry
    Financial Services, Brokerage & Trading Services
Company report
Bofa Securities India Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Unlock the full Bofa Securities India Limited report

Financials, compliance, directors, charges, ownership and filings for Bofa Securities India Limited in one report.

10-year financials Directors & ownership Charges & compliance

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
Bank of America
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 Metro Bank Commercial banking services are provided in the United Kingdom. London, United Kingdom, United Kingdom 2010
Truist Truist Wealth advisory and banking services are offered to clients. Charlotte, United States, United States 1872
Yes Bank Yes Bank Commercial banking services are offered to individuals and businesses. Mumbai, India, India 2004
Axis Bank Axis Bank Provider of a commercial banking services Mumbai, India, India 1993
Alpha Bank Alpha Bank Alpha Bank is recognized as a leading financial institution in Greece. Athens, Greece, Greece 1879
RBL Bank RBL Bank Commercial banking services for personal and business needs are provided. Mumbai, India, India 1943
Bandhan Bank Bandhan Bank Personal and business banking services are offered to underbanked markets. Kolkata, India, India 2014
HDFC Bank HDFC Bank Commercial and personal banking services are offered by HDFC Bank. Mumbai, India, India 1994
Intesa Sanpaolo Intesa Sanpaolo 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 *********
K Financial and insurance Service K8 Other financial activities *********

Board of Directors of Bofa Securities India Limited

Bofa Securities India Limited is currently managed by 9 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.

Current Directors
Name Designation Appointment Date Tenure Status
Manishi Kansal Director 18 Dec 2023 2 Years 6 Months Current
Sudhir Jain Director 24 Jul 2020 5 Years 11 Months Current
Mitali Ghosh Director 15 Jun 2021 5 Years 0 Months Current
Arbind Maheswari Whole-Time Director 25 Jan 2019 7 Years 5 Months Current
Kumar Mahendrabhai Shah
Also directs: Dsp Finance Private Limited
Director 14 Jul 2022 3 Years 11 Months Current
Asit Anil Bhatia Whole-Time Director 25 Nov 2011 14 Years 7 Months Current
Showing 6 of 9 current directors. View all directors

Financials of Bofa Securities India Limited FY 2025 filings available

Bofa Securities India Limited reported revenue of ₹1,210.5 Cr (up 2% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹1,210.5 Cr ▲ 2%
Profit
***** ▼ -4%
EBITDA
***** ▼ -4%
Metrics
*****
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*****
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*****
Revenue
Revenue from Operations
*****
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Revenue Growth %
*****
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Other Income
*****
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Total Revenue
*****
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Expenses
Total Expenses
*****
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Raw Material Cost
*****
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Change in Inventory FG
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Change in Inventory WIP
*****
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Purchase of Traded Goods
*****
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Employee Cost
*****
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
*****
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Interest
*****
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Depreciation
*****
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Other Expenses
*****
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*****
Profitability
EBITDA (Operating Profit)
*****
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*****
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*****
Operating Margin %
*****
*****
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*****
*****
Exceptional Items
*****
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Extraordinary Items
*****
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Profit Before Exceptional & Extraordinary Items
*****
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Profit Before Tax
*****
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*****
Tax & Net Profit
Tax Expense
*****
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Current Tax
*****
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Deferred Tax
*****
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Profit from Discontinued Operations
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Tax on Discontinued Operations
*****
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Profit
*****
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Net Margin %
*****
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Metrics
*****
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Shareholders' Funds
Total Shareholders' Funds
*****
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Equity Capital
*****
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*****
Reserves & Surplus
*****
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Money Against Warrants
*****
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*****
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Other Equity
*****
*****
*****
*****
*****
Non-Current Liabilities
Total Non-Current Liabilities
*****
*****
*****
*****
*****
Long-Term Borrowings
*****
*****
*****
*****
*****
Deferred Tax Liabilities
*****
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*****
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Other Non-Current Liabilities
*****
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Long-Term Provisions
*****
*****
*****
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*****
Current Liabilities
Total Current Liabilities
*****
*****
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*****
*****
Short-Term Borrowings
*****
*****
*****
*****
*****
Trade Payables
*****
*****
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*****
*****
Other Current Liabilities
*****
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Short-Term Provisions
*****
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Total Equity & Liabilities
*****
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*****
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*****
Non-Current Assets
Non-Current Assets
*****
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*****
Tangible Assets
*****
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Intangible Assets
*****
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Capital WIP
*****
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Intangibles Under Dev
*****
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Investments
*****
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Deferred Tax Assets
*****
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LT Loans & Advances
*****
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Other Non-Current Assets
*****
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*****
Current Assets
Current Assets
*****
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
*****
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Total Assets
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Metrics
*****
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*****
*****
Cash from Operating Activities (CFO)
Profit Before Tax
*****
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*****
Non-Cash Adjustments
*****
*****
*****
*****
*****
+ Interest Expense
*****
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+ Depreciation
*****
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+/- Unrealized Forex
*****
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- Dividend Income
*****
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- Interest Income
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+/- Other Non-Cash Items
*****
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Changes in Working Capital
*****
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
*****
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Cash Generated from Operations
*****
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Income Taxes Paid
*****
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Net CFO (Cash from Operations)
*****
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
*****
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
*****
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
*****
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Closing Cash & Equivalents
*****
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Metrics
*****
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Liquidity
Current Ratio
*****
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Quick Ratio
*****
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Cash Ratio
*****
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Efficiency
Inventory Days
*****
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Debtor Days
*****
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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*****
Profitability
Net Profit Margin %
*****
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Operating Margin %
*****
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ROE %
*****
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ROCE %
*****
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Net Worth Margin %
*****
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*****
Growth
Revenue Growth %
*****
*****
*****
*****
*****
Leverage
Equity Multiplier
*****
*****
*****
*****
*****
Debt / EBITDA
*****
*****
*****
*****
*****
Solvency
D/E Ratio
*****
*****
*****
*****
*****
ICR
*****
*****
*****
*****
*****

Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Charges & Borrowings of Bofa Securities India Limited

Open charges
₹58.5 Cr
Satisfied charges
₹90.15 Cr
Breakdown by lending institutions
Others₹50.00 Cr
Dresoner Bank Ag₹8.50 Cr
Latest charge details
DateLenderAmountStatus
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

View historical data on people associated with Bofa Securities India Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Bofa Securities India Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Bofa Securities India Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Bofa Securities India Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Bofa Securities India Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Bofa Securities India Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Bofa Securities India Limited

MSME Payment Delays by Bofa Securities India Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Bofa Securities India Limited

Subsidiaries & Group Companies of Bofa Securities India Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Bofa Securities India Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Bofa Securities India Limited

MCA Filings & Documents of Bofa Securities India Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Bofa Securities India Limited

Activity
29 Sep 2025
Bofa Securities India Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Directors
02 Jun 2025
Rahul Manjeshwar was appointed as a Cfo on 02 Jun 2025 & has been associated with this company since 1 year 1 month.
Activity
31 Mar 2025
Bofa Securities India Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Directors
18 Dec 2023
Manishi Kansal was appointed as a Director on 18 Dec 2023 & has been associated with this company since 2 years 6 months.
Charges
05 Aug 2022
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.
Charges
04 Aug 2022
A charge registered on 18 Mar 2014 via Charge ID 10511443 with Hdfc Bank Limited was fully satisfied on 04 Aug 2022.

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:

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.

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