Indiabulls Securities Limited

Indiabulls Securities Limited - financial services in New Delhi, Delhi, India. FY 2026 financials and compliance.
CIN U74999DL2003PLC122874 Incorporated 30 October 2003 ROC Delhi HQ New Delhi, Delhi, India
Active Public Limited Company financial services
Data last updated
Revenue · FY 2025
₹131.15 Cr
▲ 16.00% YoY
EBITDA · FY 2025
*****
▲ 40.00% YoY
Net profit · FY 2025
*****
▲ 17.00% YoY
Authorised capital
₹14 Cr
Registered with MCA
Paid-up capital
₹10.28 Cr
Issued & subscribed
Open charges
₹58 Cr
Secured borrowings
Company age
23 yrs
Est. 2003
Employees · EPFO
84
Latest available

About Indiabulls Securities Limited

Data last updated: 18 December 2025

Indiabulls Securities Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Dhani Services Limited. It specialises in brokerage and trading services, a part of the broader financial services sector. Incorporated on 30 October 2003, the company has been in operation for over 23 years.

Registered with ROC Delhi under CIN U74999DL2003PTC122874.

Capital: an authorised share capital of ₹14 Cr and a paid-up capital of ₹10.28 Cr. Formerly known as Indiabulls Securities Limited and Indiabulls Commodities Limited. It is led by directors including Divyesh Bharatkumar Shah and Ashu Khanna.

Last AGM: 22 September 2025. Financial statements filed for year ended 31 March 2025. Office: A – 2 First Floor, Kirti Nagar, New Delhi, Delhi, India – 110015.

As per the financials filed for FY 2025, the company reported a revenue of ₹131.15 Cr, a growth of 16% compared to the previous year.

The company has a workforce of approximately 84 employees as per the latest available data. It operates as a subsidiary of Dhani Services Limited.

The company is associated with 1 brand - Dhani Stocks. As per MCA filings, the company has open charges of ₹58 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 dhanistocks.com.

Company Details of Indiabulls Securities Limited
CIN U74999DL2003PLC122874
Registration Number 122874
Incorporation Date 30 October 2003
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Dhani Services Limited
Compliance Status Active Compliant
Key People
Ashu Khanna Whole-Time Director Raj Kumar Gupta Whole-Time Director Divyesh Bharatkumar Shah Director
Contact Details
  • Email
    **************
  • Telephone
    **************
  • Website
    **************
  • Social Media
  • Registered Address
    A – 2 First Floor, Kirti Nagar, New Delhi, Delhi, India – 110015
  • Industry
    Financial Services, Brokerage & Trading Services
Company report
Indiabulls Securities 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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Financials, compliance, directors, charges, ownership and filings for Indiabulls Securities Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Indiabulls Securities Limited

Indiabulls Securities Limited has undergone 3 name changes throughout its history. The company was previously known as Indiabulls Securities Limited, Indiabulls Commodities Limited, and Indiabulls Commodities Private Limited. The current legal name is Indiabulls Securities Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Indiabulls Securities Limited Current
Indiabulls Commodities Limited Previous
Indiabulls Commodities Private Limited Previous

CIN History of Indiabulls Securities Limited

Indiabulls Securities Limited has one previous CIN (Corporate Identification Number): U74999DL2003PTC122874. The current CIN is U74999DL2003PLC122874, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U74999DL2003PLC122874 Current
U74999DL2003PTC122874 Previous

Associated Brands with Indiabulls Securities Limited

Indiabulls Securities Limited operates one associated brand: Dhani Stocks. These brands represent Indiabulls Securities Limited's diversified market presence and brand portfolio.

Brand Description Website
Dhani Stocks
Online brokerage for stock trading, portfolio management, and IPO applications in India. dhanistocks.com

Competitors & Alternatives of Indiabulls Securities Limited

Brands and companies operating in the same space as Indiabulls Securities Limited include Angel One, Upstox, Groww and 6 more.

Competitor Description Location Founded
Angel One Angel One App-based brokerage stock trading platform Mumbai, India, India 1996
Upstox Upstox Tech-driven trading platform is offered for low-cost brokerage services. Mumbai, India, India 2009
Groww Groww An online platform for investments and trading services is offered. Bengaluru, India, India 2016
Samco Samco Online trading platforms and investment tools are provided by Samco. Mumbai, India, India 2015
Fisdom Fisdom Online investment and wealth management services are provided digitally. Bengaluru, India, India 2015
Tiger Brokers Tiger Brokers Online trading of stocks, securities, and options is enabled. Beijing, China, China 2014
Interactive Brokers Interactive Brokers Provider of online brokerage services and trading platforms Greenwich, United States, United States 1977
Kotak Securities Kotak Securities Online platform for stock trading, mutual funds, and investment tools. Mumbai, India, India 1994
5paisa Capital 5paisa Capital Broker-based online platform for trading and investments is provided. Thane, India, India 2007

Business Activity of Indiabulls Securities Limited

Indiabulls 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 *********

Board of Directors of Indiabulls Securities Limited

Indiabulls Securities Limited is currently managed by 6 directors, with 23 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
Divyesh Bharatkumar Shah
Also directs: Indiabulls Limited
Director 21 Oct 2008 17 Years 8 Months Current
Ashu Khanna Whole-Time Director 02 Mar 2023 3 Years 4 Months Current
Prem Prakash Mirdha
Also directs: Indiabulls Asset Reconstruction Company Limited, Indiabulls Condominiums Limited, Indiabulls Rural Finance Private Limited and 1 more
Director 27 Mar 2025 1 Years 3 Months Current
Raj Kumar Gupta Whole-Time Director 18 Jul 2023 2 Years 11 Months Current
View all directors

Financials of Indiabulls Securities Limited FY 2025 filings available

Indiabulls Securities Limited reported revenue of ₹131.15 Cr (up 16% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹131.15 Cr ▲ 16%
Profit
***** ▲ 17%
EBITDA
***** ▲ 40%
Metrics
*****
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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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*****
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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Other Equity
*****
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Non-Current Liabilities
Total Non-Current Liabilities
*****
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*****
Long-Term Borrowings
*****
*****
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*****
Deferred Tax Liabilities
*****
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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
*****
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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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*****
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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*****
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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 %
*****
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*****
*****
*****
Leverage
Equity Multiplier
*****
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*****
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*****
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 Indiabulls Securities Limited

Open charges
₹58 Cr
Satisfied charges
₹0
Breakdown by lending institutions
Hdfc Bank Limited₹40.00 Cr
Indian Bank₹18.00 Cr
Latest charge details
DateLenderAmountStatus
14 Aug 2025 Indian Bank ₹18 Cr Open
27 Jan 2022 Hdfc Bank Limited ₹40 Cr Open

Total charge records: 2 View all charges

Employees and EPFO Compliance at Indiabulls Securities Limited

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

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Indiabulls Securities 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 Indiabulls Securities Limited

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

GSTIN & GST Filing Data of Indiabulls Securities 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 Indiabulls Securities 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 Indiabulls Securities 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 Indiabulls Securities Limited

MSME Payment Delays by Indiabulls Securities 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 Indiabulls Securities Limited

Subsidiaries & Group Companies of Indiabulls Securities Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Indiabulls Securities 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 Indiabulls Securities Limited

MCA Filings & Documents of Indiabulls Securities 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 Indiabulls Securities Limited

Activity
22 Sep 2025
Indiabulls Securities Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Charges
18 Aug 2025
A charge with Indian Bank of Rs. 18.00 Cr registered on 14 Aug 2025 with Charge ID 101147351 was modified on 18 Aug 2025.
Charges
14 Aug 2025
A charge with Indian Bank amounted to Rs. 18.00 Cr with Charge ID 101147351 was registered on 14 Aug 2025.
Activity
31 Mar 2025
Indiabulls Securities Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Directors
27 Mar 2025
Prem Prakash Mirdha was appointed as a Director on 27 Mar 2025 & has been associated with this company since 1 year 3 months.
Directors
25 Feb 2025
Sachin Bansal was appointed as a Cfo on 25 Feb 2025 & has been associated with this company since 1 year 4 months.

Recent News on Indiabulls Securities Limited

Indiabulls Ventures announces change in directorate
28 Aug 2019 · Business Standard

Frequently Asked Questions about Indiabulls Securities Limited

Indiabulls Securities Limited is an active public limited company in the financial services sector based in New Delhi, Delhi, India. It was incorporated on 30 October 2003 (23+ years old) and is registered under CIN U74999DL2003PLC122874. The company has 84 employees.

Indiabulls Securities Limited reported revenue of ₹131.15 Cr for FY 2025 (up 16.00% YoY).

The current directors of Indiabulls Securities Limited are:

The primary industry of Indiabulls Securities Limited is financial services. The company specifically operates in brokerage and trading services. The company is currently active in this sector.

Indiabulls Securities Limited can be reached at the registered office: A – 2 First Floor, Kirti Nagar, New Delhi, Delhi, India – 110015, or through the website dhanistocks.com.

The authorised capital is ₹14 Cr, and the paid-up capital is ₹10.28 Cr.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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