
Icl Securities Limited
About Icl Securities Limited
Data last updated:
Icl Securities Limited is a public limited company based in Chennai, Tamil Nadu, India, a subsidiary of The India Cements Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 30 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65993TN1994PLC029713.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹6.13 Cr. It is led by directors including Raj Narayanan Eachambadi Raghavan and Niraj Maheshwari.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Dhun Building No.827 Anna Salai, Chennai, Tamil Nadu, India – 600002.
As per the financials filed for FY 2025, the company reported a revenue of ₹80.53 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹206.01 Cr (net margin 255.8%) and EBITDA of ₹367.33 Cr (EBITDA margin 456.1%). Revenue has grown at a compounded annual rate (CAGR) of 328% over three years and 150% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Icl Securities has one previous CIN (Corporate Identification Number): L65993TN1994PLC029713. The current CIN is U65993TN1994PLC029713, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65993TN1994PLC029713 | Current |
| L65993TN1994PLC029713 | Previous |
Contact details
Icl Securities Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDhun Building No.827 Anna Salai, Chennai, Tamil Nadu, India – 600002
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Icl Securities Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Icl Securities Limited
FY 2025 filings availableIcl Securities Limited reported revenue of ₹80.53 Cr (up 40266103% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 150% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹367.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹206.01 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 456.1% | ||||
| Net Profit Margin | 255.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Icl Securities Limited, buy the company report.
Board of directors of Icl Securities Limited
Icl Securities has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raj Narayanan Eachambadi Raghavan Also directs: The India Cements Limited, Industrial Chemicals and Monomers Limited, Icl International Limited and 3 more | Director | 25 Dec 2024 | 1 Years 10 Months | Current |
| Niraj Maheshwari Also directs: Industrial Chemicals and Monomers Limited, Icl International Limited, Icl Financial Services Limited and 5 more | Director | 25 Dec 2024 | 1 Years 10 Months | Current |
| Mukesh B Agarwal Also directs: Industrial Chemicals and Monomers Limited, Icl International Limited, Icl Financial Services Limited and 5 more | Director | 25 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
Icl Securities Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| M Pratapray Prints Pvt Ltd | ₹81.68 Cr (FY 2025) | 10.0% | Ahmedabad, Gujarat, India | |||
| Unified Credit Solutions Private Limited | ₹81.59 Cr (FY 2025) | 6.0% | Gurgaon, Haryana, India | |||
| Palak Tradelink Private Limited | ₹81.37 Cr (FY 2025) | -37.0% | Kolkata, West Bengal, India | |||
| Ioc Global Capital Management Ifsc Limited | ₹81.31 Cr (FY 2025) | 13190.0% | Gandhinagar, Gujarat, India | |||
| Lariox Capital Private Limited | ₹81.14 Cr (FY 2024) | 269.0% | Hyderabad, Telangana, India | |||
| Icl Securities Limitedthis company | ₹80.53 Cr (FY 2025) | ₹206.01 Cr | 255.8% | 40266103.0% | Chennai, Tamil Nadu, India | |
| Qapita Fintech India Private Limited | ₹79.83 Cr (FY 2025) | 27.0% | Hyderabad, Telangana, India | |||
| Unique Mercantile India Limited | ₹79.61 Cr (FY 2022) | 114.0% | Ahmedabad, Gujarat, India | |||
| Ernst & Young Merchant Banking Services LLP | ₹79.59 Cr (FY 2023) | 15.0% | Mumbai, Maharashtra, India | |||
| Vistra Itcl (India) Limited | ₹79.22 Cr (FY 2025) | 22.0% | Mumbai, Maharashtra, India | |||
| CS Shares and Stocks Private Limited | ₹78.6 Cr (FY 2024) | 7213.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Icl Securities Limited, buy the company report.
Auditor
Icl Securities Limited is audited by K.S.RAO & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.S.RAO & Co | FY 2023 | 003109S |
Shareholding
The shareholding of Icl Securities Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Icl Securities Limited, buy the company report.
Legal cases
Icl Securities Limited has 1 court case on record: 1 filed by Icl Securities. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Petition | Filed by the company against M/S Zuari Cements Ltd., and 1 other | Disposed |
To see the full case history of Icl Securities Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Icl Securities Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Icl Securities has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Icl Securities Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Icl Securities Limited has 18 board changes on record since 2008: 3 appointments and 15 cessations. The latest: Mukesh B Agarwal ceased to be Additional Director on 28 Sep 2025.
9 earlier events are in the company report.
Frequently asked questions
Icl Securities is an active public limited company based in Chennai, Tamil Nadu, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 30 December 1994 (32+ years old) and is registered under CIN U65993TN1994PLC029713.
Icl Securities has 3 current directors:
- Raj Narayanan Eachambadi Raghavan - Director
- Niraj Maheshwari - Director
- Mukesh B Agarwal - Director
The latest financial statements of Icl Securities on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Icl Securities is U65993TN1994PLC029713. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icl Securities has 1 court case on record: 1 filed by the company.
Icl Securities was incorporated on 30 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Icl Securities by revenue are M Pratapray Prints Pvt Ltd, Unified Credit Solutions Private Limited, Palak Tradelink Private Limited, Ioc Global Capital Management Ifsc Limited, Lariox Capital Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Mukesh B Agarwal ceased to be Additional Director on 28 Sep 2025. Niraj Maheshwari ceased to be Additional Director on 28 Sep 2025. Raj Narayanan Eachambadi Raghavan ceased to be Additional Director on 28 Sep 2025. Icl Securities has 18 board changes on record in total.
The registered office of Icl Securities is at Dhun Building No.827 Anna Salai, Chennai, Tamil Nadu, India – 600002.
Icl Securities operates in the financial services industry, in the diversified financial services segment.
The compliance status of Icl Securities is compliant as of 08 August 2026. The company is actively filing with the Registrar of Companies.

