About Icici Securities Limited
Data last updated: 22 December 2025
Icici Securities Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Icici Bank Limited. It specialises in brokerage and trading services, a part of the broader financial services sector. Incorporated on 09 March 1995, the company has been in operation for over 31 years.
Registered with ROC Mumbai under CIN U67120MH1995PLC086241.
Capital: an authorised share capital of ₹250 Cr and a paid-up capital of ₹120.83 Cr. Formerly known as Icici Brokerage Services Limited. It is led by directors including Ajay Saraf and Subrata Mukherji.
Last AGM: 27 June 2025. Financial statements filed for year ended 31 March 2025. Office: Icici Venture House Appasaheb Marathe Marg Prabhadevi, Mumbai, Maharashtra, India – 400025.
As per NSE-filed consolidated financials for FY 2024, the company reported a revenue of ₹5,049.21 Cr, a growth of 47.82% compared to the previous year. The net worth stands at ₹3,922.59 Cr (up 37.51% YoY). Total assets are valued at ₹25,623 Cr (up 64.58% YoY).
The company has a workforce of approximately 4,986 employees as per the latest available data. It operates as a subsidiary of Icici Bank Limited.
The company is associated with 2 brands - Icici Direct, Icici Securities. As per MCA filings, the company has open charges of ₹6,980 Cr and satisfied charges of ₹250.95 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 icicisecurities.com.
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Registered AddressIcici Venture House Appasaheb Marathe Marg Prabhadevi, Mumbai, Maharashtra, India – 400025
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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
CIN History of Icici Securities Limited
Icici Securities Limited has one previous CIN (Corporate Identification Number): L67120MH1995PLC086241. The current CIN is U67120MH1995PLC086241, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120MH1995PLC086241 | Current |
| L67120MH1995PLC086241 | Previous |
Associated Brands with Icici Securities Limited
Icici Securities Limited operates two associated brands: ICICI Direct and ICICI Securities. These brands represent Icici Securities Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Online share trading, mutual funds, and wealth management services in India. | icicidirect.com | |
| Diversified investment management and broking services are offered. | icicisecurities.com |
Competitors & Alternatives of Icici Securities Limited
Brands and companies operating in the same space as Icici Securities Limited include Fidelity Investments, UTI Mutual Fund, Goldman Sachs and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Fidelity Investments
|
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms | Boston, United States, United States | 1946 |
UTI Mutual Fund
|
Mutual funds, portfolio management, and retirement planning services are offered. | Mumbai, India, India | 2001 |
Goldman Sachs
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Investment banking services are delivered across multiple financial sectors. | New York, United States, United States | 1869 |
S&P Global
|
Platform offering business intelligence solutions that combine data and actionable analytics for clients | New York, United States, United States | 1917 |
Sundaram Finance
|
Provider of consumer & SME loans and equipment & vehicle leasing services | Chennai, India, India | 1954 |
Bank of America
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Commercial banking and asset management services are offered worldwide. | Charlotte, United States, United States | 1904 |
State Street
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Financial services are provided to asset managers worldwide. | Boston, United States, United States | - |
FIS
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Software suites for banks and financial institutions are provided. | Jacksonville, United States, United States | 1968 |
Avendus
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Corporate advisory and investment services are provided to clients. | Mumbai, India, India | 1999 |
360 One
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Asset and wealth management software is provided for businesses. | Mumbai, India, India | 2008 |
Business Activity of Icici Securities Limited
Icici Securities Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including financial advisory, brokerage and consultancy services.
| 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 |
Business activity turnover details for Icici Securities Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Icici Securities Limited
Icici Securities Limited currently reports 10 directors and 1 key managerial person. 35 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Ajay Saraf
Also directs:
Icici Securities Limited
|
Whole-Time Director | 25 May 2011 | 15 Years 1 Months | Current |
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Subrata Mukherji
Also directs:
Icici Securities Limited
|
Director | 29 Nov 2017 | 8 Years 7 Months | Current |
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Prasanna Balachander
Also directs:
Icici Securities Limited
|
Whole-Time Director | 01 Sep 2025 | 0 Years 10 Months | Current |
|
Raju Nanikram Nanwani
Also directs:
Icici Securities Limited
|
Nodal Officer | 24 Oct 2019 | 6 Years 8 Months | Current |
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Ashvin Dhirajlal Parekh
Also directs:
Icici Securities Limited, Ashvin Parekh Advisory Services Llp, Grasim Industries Ltd and 3 more
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Director | 25 Aug 2016 | 9 Years 10 Months | Current |
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Sandhya Sharma
Also directs:
Icici Securities Limited, Entero Healthcare Solutions Limited, Ppfas Trustee Company Private Limited and 2 more
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Director | 01 Sep 2025 | 0 Years 10 Months | Current |
Financials of Icici Securities Limited FY 2024 filings available
Icici Securities Limited reported revenue of ₹5,049.21 Cr (up 47.82% YoY) for FY 2024.
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2020 |
|---|---|---|---|---|
| Revenue from Operations | ₹5,049.21 Cr | ₹3,415.75 Cr | ₹3,434.98 Cr | ₹1,706.22 Cr |
| Interest Earned | ₹1,673.35 Cr | - | ₹718.51 Cr | ₹235 Cr |
| Other Income | ₹1.89 Cr | ₹9.73 Cr | ₹3.5 Cr | ₹18.72 Cr |
| Total Income | ₹5,051.1 Cr | ₹3,425.48 Cr | ₹3,438.48 Cr | ₹1,724.94 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹874.51 Cr | ₹697.82 Cr | ₹664.41 Cr | ₹533.77 Cr |
| Finance Costs | ₹986.95 Cr | ₹536.29 Cr | ₹273.68 Cr | ₹86.39 Cr |
| Depreciation & Amortisation | ₹108.92 Cr | ₹75.07 Cr | ₹62.53 Cr | ₹61.4 Cr |
| Other Expenses | ₹581.38 Cr | ₹455.57 Cr | ₹425.48 Cr | ₹232.47 Cr |
| Total Expenses | ₹2,773.58 Cr | ₹1,924.36 Cr | ₹1,585.72 Cr | ₹972.01 Cr |
| Profit Before Exceptional Items & Tax | ₹2,277.52 Cr | ₹1,501.12 Cr | ₹1,852.76 Cr | ₹752.93 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹2,277.52 Cr | ₹1,501.12 Cr | ₹1,852.76 Cr | ₹752.93 Cr |
| Total Tax Expense | ₹580.83 Cr | ₹383.49 Cr | ₹470.16 Cr | ₹210.93 Cr |
| Net Profit | ₹1,696.69 Cr | ₹1,117.63 Cr | ₹1,382.6 Cr | ₹542 Cr |
| attributable to Owners | ₹0 | - | ₹1,382.34 Cr | ₹0 |
| attributable to NCI | ₹0 | - | ₹0 | ₹0 |
| Other Comprehensive Income | -₹83 Lakh | -₹8 Lakh | -₹26 Lakh | -₹5.91 Cr |
| Total Comprehensive Income | ₹1,695.86 Cr | ₹1,117.55 Cr | ₹1,382.34 Cr | ₹536.09 Cr |
| EBITDA (computed) | ₹3,373.39 Cr | ₹2,112.48 Cr | ₹2,188.97 Cr | ₹900.72 Cr |
| Basic EPS | ₹52.51 | ₹34.62 | ₹42.86 | ₹16.83 |
| Diluted EPS | ₹52.22 | ₹34.54 | ₹42.69 | ₹16.81 |
| Metrics | FY 2024 | FY 2023 |
|---|---|---|
| Total Assets | ₹25,623 Cr | ₹15,569 Cr |
| Property, Plant & Equipment | ₹270.48 Cr | ₹123.82 Cr |
| Inventories | ₹0 | ₹0 |
| Cash & Equivalents | ₹77.51 Cr | ₹240.64 Cr |
| Equity (Net Worth) | ₹3,922.59 Cr | ₹2,852.5 Cr |
| Equity Share Capital | ₹161.68 Cr | ₹161.43 Cr |
| Total Liabilities | - | ₹12,716 Cr |
| Metrics | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Operating Cash Flow | -₹5,621.06 Cr | -₹674.16 Cr | -₹2,597.46 Cr |
| Investing Cash Flow | -₹256.93 Cr | -₹124.78 Cr | -₹68.76 Cr |
| Financing Cash Flow | ₹5,714.86 Cr | ₹265.99 Cr | ₹3,130.46 Cr |
| Capital Expenditure | ₹258.72 Cr | ₹125.77 Cr | ₹64.1 Cr |
| Free Cash Flow (computed) | -₹5,879.78 Cr | -₹799.93 Cr | -₹2,661.56 Cr |
| Dividends Paid | ₹686.6 Cr | ₹726.3 Cr | ₹798.4 Cr |
| Net Change in Cash | -₹163.13 Cr | -₹532.95 Cr | ₹464.24 Cr |
| Segment · FY 2024 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Broking & distribution | ₹4,481.1 Cr | ₹1,972.39 Cr | - | - |
| Issuer services & advisory | ₹317.15 Cr | ₹231.05 Cr | - | - |
| Treasury | ₹252.85 Cr | ₹77.45 Cr | - | - |
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2020 |
|---|---|---|---|---|
| Revenue from Operations | ₹5,048 Cr | ₹3,415.3 Cr | ₹3,434.56 Cr | ₹1,705.51 Cr |
| Interest Earned | ₹1,672.51 Cr | - | ₹718.43 Cr | ₹234.61 Cr |
| Other Income | ₹1.8 Cr | ₹6.97 Cr | ₹2.34 Cr | ₹16.55 Cr |
| Total Income | ₹5,049.8 Cr | ₹3,422.27 Cr | ₹3,436.9 Cr | ₹1,722.06 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹859.75 Cr | ₹686.4 Cr | ₹651.72 Cr | ₹522.44 Cr |
| Finance Costs | ₹986.36 Cr | ₹535.81 Cr | ₹273.17 Cr | ₹85.95 Cr |
| Depreciation & Amortisation | ₹108.9 Cr | ₹75.05 Cr | ₹62.51 Cr | ₹61.17 Cr |
| Other Expenses | ₹576.57 Cr | ₹451.41 Cr | ₹421.98 Cr | ₹227.71 Cr |
| Total Expenses | ₹2,774.84 Cr | ₹1,926.96 Cr | ₹1,587.12 Cr | ₹974.43 Cr |
| Profit Before Exceptional Items & Tax | ₹2,274.96 Cr | ₹1,495.31 Cr | ₹1,849.78 Cr | ₹747.63 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹2,274.96 Cr | ₹1,495.31 Cr | ₹1,849.78 Cr | ₹747.63 Cr |
| Total Tax Expense | ₹580.74 Cr | ₹383.71 Cr | ₹470.24 Cr | ₹210.92 Cr |
| Net Profit | ₹1,694.22 Cr | ₹1,111.6 Cr | ₹1,379.54 Cr | ₹536.71 Cr |
| Other Comprehensive Income | -₹83 Lakh | -₹8 Lakh | -₹26 Lakh | -₹5.91 Cr |
| Total Comprehensive Income | ₹1,693.39 Cr | ₹1,111.52 Cr | ₹1,379.28 Cr | ₹530.8 Cr |
| EBITDA (computed) | ₹3,370.22 Cr | ₹2,106.17 Cr | ₹2,185.46 Cr | ₹894.75 Cr |
| Basic EPS | ₹52.44 | ₹34.44 | ₹42.77 | ₹16.66 |
| Diluted EPS | ₹52.15 | ₹34.35 | ₹42.59 | ₹16.65 |
| Metrics | FY 2024 | FY 2023 |
|---|---|---|
| Total Assets | ₹25,588 Cr | ₹15,536 Cr |
| Property, Plant & Equipment | ₹270.46 Cr | ₹123.78 Cr |
| Inventories | ₹0 | ₹0 |
| Cash & Equivalents | ₹51.35 Cr | ₹216.77 Cr |
| Equity (Net Worth) | ₹3,892.71 Cr | ₹2,825.09 Cr |
| Equity Share Capital | ₹161.68 Cr | ₹161.43 Cr |
| Total Liabilities | - | ₹12,711 Cr |
| Metrics | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Operating Cash Flow | -₹5,623.36 Cr | -₹675.99 Cr | -₹2,600.5 Cr |
| Investing Cash Flow | -₹256.93 Cr | -₹124.74 Cr | -₹68.78 Cr |
| Financing Cash Flow | ₹5,714.87 Cr | ₹265.99 Cr | ₹3,130.46 Cr |
| Capital Expenditure | ₹258.72 Cr | ₹125.73 Cr | ₹64.12 Cr |
| Free Cash Flow (computed) | -₹5,882.08 Cr | -₹801.72 Cr | -₹2,664.62 Cr |
| Dividends Paid | ₹686.6 Cr | ₹726.3 Cr | ₹798.4 Cr |
| Net Change in Cash | -₹165.42 Cr | -₹534.74 Cr | ₹461.18 Cr |
Charges & Borrowings of Icici Securities Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Nov 2025 | Others | ₹190 Cr | Open |
| 03 Sep 2025 | Bank of India | ₹290 Cr | Open |
| 06 May 2024 | Others | ₹500 Cr | Open |
| 20 Feb 2024 | Others | ₹750 Cr | Open |
| 24 Feb 2023 | State Bank of India | ₹750 Cr | Open |
Total charge records: 13 View all charges
Employees and EPFO Compliance at Icici Securities Limited
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Employee and EPFO history for Icici Securities Limited
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GST Compliance of Icici Securities Limited
GST registrations and filing compliance for Icici Securities Limited
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Credit Ratings, Litigation & Regulatory Alerts for Icici Securities Limited
Credit ratings, litigation, and regulatory alerts for Icici Securities Limited
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MSME Payment Delays by Icici Securities Limited
MSME payment history for Icici Securities Limited
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Subsidiaries & Group Companies of Icici Securities Limited
Corporate group structure for Icici Securities Limited
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MCA Filings & Documents of Icici Securities Limited
MCA filings and documents for Icici Securities Limited
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Recent Activity on Icici Securities Limited
Recent News on Icici Securities Limited
Frequently Asked Questions about Icici Securities Limited
Icici Securities Limited is an active public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 09 March 1995 (31+ years old) and is registered under CIN U67120MH1995PLC086241. The company has 4,986 employees.
Icici Securities Limited reported revenue of ₹5,049.21 Cr for FY 2024 (up 47.82% YoY) based on consolidated NSE filings.
The current directors and KMP of Icici Securities Limited are:
- Ajay Saraf - Whole-Time Director
- Subrata Mukherji - Director
- Prasanna Balachander - Whole-Time Director
- Raju Nanikram Nanwani - Nodal Officer
- Ashvin Dhirajlal Parekh - Director
- Sandhya Sharma - Director
- Srirang Thirumalai Kumara - Ceo
- Gopichand Katragadda - Director
- Rakesh Jha - Director
- Vijayalakshmi Rajaram Iyer - Director
- Ajay Kumar Gupta - Director
The primary industry of Icici Securities Limited is financial services. The company specifically operates in brokerage and trading services. The company is currently active in this sector.
Icici Securities Limited can be reached at the registered office: Icici Venture House Appasaheb Marathe Marg Prabhadevi, Mumbai, Maharashtra, India – 400025, or through the website icicisecurities.com.
The authorised capital is ₹250 Cr, and the paid-up capital is ₹120.83 Cr.