
About Indusind Securities Limited
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Indusind Securities Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Reliance Capital Ltd. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 17 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH2005PLC154052. Its GSTIN is 27AADCR0260P1Z5 (Maharashtra). The company holds 28 GST registrations, of which 24 are active.
The company has an authorised share capital of ₹500 Cr and a paid-up capital of ₹253.55 Cr. It was formerly known as R Trade Securities Limited. It is led by directors including Rajeev Srivastava (Managing Director) and Sanjay Sharma (Whole-Time Director).
Its last annual general meeting (AGM) was held on 20 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Tech IT Park, Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹107.72 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹7.6 Cr (net margin 7.1%) and EBITDA of ₹16.05 Cr (EBITDA margin 14.9%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 17% over five years.
The company has about 278 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Reliancesmartmoney.Com. As per MCA filings, the company has open charges of ₹990 Cr and satisfied charges of ₹195 Cr on record. Court records list 161 cases involving the company, including 93 filed by the company and 68 filed against it; 24 cases are pending. The company has 11 deals on record (5 funding rounds, 5 secondary share transfers, 1 rights issue), with disclosed funding of ₹240 Cr; the latest was in December 2025. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 2 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website reliancesmartmoney.com.
Company details
Name history
Indusind Securities has undergone 2 name changes throughout its history. The company was previously known as R Trade Securities Limited, and Indusind Securities Limited. The current legal name is Indusind Securities Limited.
| Company Name | Status |
|---|---|
| Indusind Securities Limited | Current |
| R Trade Securities Limited | Previous |
CIN history
Indusind Securities has one previous CIN (Corporate Identification Number): U65990MH2005PTC154052. The current CIN is U65990MH2005PLC154052, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65990MH2005PLC154052 | Current |
| U65990MH2005PTC154052 | Previous |
Contact details
Indusind Securities Limited's registered office is in Mumbai, Maharashtra. Its website is reliancesmartmoney.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address11th Floor R – Tech IT Park Nirlon Compond Off Western Express Highway Goregaon (E, Ast), Mumbai, Maharashtra, India – 400063
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Indusind 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
Brands
Indusind Securities operates one associated brand: reliancesmartmoney.com. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of online platform for trading stocks, mutual funds, and insurance | reliancesmartmoney.com |
Business activity
The main business activities of Indusind Securities are financial and insurance activities and financial and insurance service. In detail, this covers financial service activities, except insurance and pension funding and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Indusind Securities Limited, buy the company report.
Financials of Indusind Securities Limited
FY 2026 filings availableIndusind Securities Limited reported revenue of ₹107.72 Cr (down 27% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 27% fall in the latest year. EBITDA fell 20% in the latest year. 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹107.72 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹16.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.6 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.9% | ||||
| Net Profit Margin | 7.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Indusind Securities Limited, buy the company report.
Board of directors of Indusind Securities Limited
Indusind Securities has 6 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Sharma | Whole-Time Director | 17 May 2022 | 4 Years 5 Months | Current |
| Anand Agarwal | Director | 09 Dec 2025 | 0 Years 11 Months | Current |
| Mosalkanti Vasudev Rao Also directs: Gocl Corporation Limited | Director | 29 Mar 2025 | 1 Years 7 Months | Current |
| Rajeev Srivastava Also directs: Standard Chartered Securities (India) Limited | Managing Director | 17 Aug 2026 | 0 Years 2 Months | Current |
| Neelu Khatri Also directs: Ondlt Technologies LLP, Ohm Global Mobility Private Limited, Zupple Labs Private Limited and 1 more | Director | 22 May 2026 | 0 Years 5 Months | Current |
| Roopam Asthana Also directs: Punyah Consulting LLP | Nominee Director | 05 May 2026 | 0 Years 6 Months | Current |
Auditor
Indusind Securities Limited is audited by Manubhai Shah LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Manubhai Shah LLP | FY 2026 | 106041W/W100136 |
Shareholding
The shareholding of Indusind Securities Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indusind Securities Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Aug 2026 | 101387844 | Others | ₹5 Cr | Open | |
| 03 Jul 2026 | 101323038 | Others | ₹30 Cr | Open | |
| 30 Jun 2026 | 101328618 | Others | ₹30 Cr | Open | |
| 03 Jun 2026 | 101303479 | Others | ₹15 Cr | Open | |
| 30 Dec 2025 | 101222613 | Hdfc Bank Limited | ₹85 Cr | Open |
To see the full charge records of Indusind Securities Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Indusind Securities Limited has 11 deals on record (5 funding rounds, 5 secondary share transfers, 1 rights issue), with disclosed funding of ₹240 Cr; the latest was in December 2025.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2025 | Funding round | ₹25 Cr | Investors: Reliance Capital Ltd |
| Mar 2018 | Secondary share transfer | Undisclosed | Seller: Reliance Capital Ltd , Eliance Capital Limited & V.r Mohan, Reliance Capital Limited & Parul Jain |
| Mar 2018 | Rights issue | ₹160 Cr | Investors: Reliance Capital Ltd , Reliance Capital Limited & Madan Chaturvedi, Reliance Capital Limited & Atul Tandon |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Reliance Capital Ltd Seller: Reliance Ada Group Trustees Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Seller: Reliance Capital Ltd |
To see the full deal history of Indusind Securities Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indusind Securities Limited has 161 court cases on record: 93 filed by Indusind Securities, 68 filed against it. 24 cases are pending and 137 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 104 | 47 | 17 |
| High courts | 52 | 19 | 7 |
| Supreme Court | 5 | 2 | 0 |
Cases on record (5 of 161)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (4805-Others : Matters not falling under any other category.) | Filed against the company by Hindusthan National Glass and Industries Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against M/S New Bridge Business Centre Pvt. Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SW) | Filed by the company against Acuity Merchants Pvt Ltd and 9 others | Disposed |
| Calcutta High Court | Court case (AP-COM) | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.A.P.) | Filed against the company by an individual | Pending |
To see the full case history of Indusind 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.
Credit ratings & regulatory alerts
Indusind Securities Limited was last rated by Icra on 14 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 14 Feb 2022 |
To see the full credit ratings and regulatory alerts of Indusind Securities Limited, buy the company report.
MSME payment delays
Indusind Securities Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shirish Ventures (OPC) Private Limited |
To see the full MSME payment records of Indusind Securities Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Indusind Securities Limited has a workforce of 278 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 278 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Indusind Securities Limited, buy the company report.
GST
Indusind Securities has 28 GST registrations: 24 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCR0260P1Z5 | Maharashtra | Active | 01 Jul 2017 |
| 27AADCR0260P2Z4 | Maharashtra | Active | 30 Jul 2017 |
| 27AADCR0260P3Z3 | Maharashtra | Active | 21 Mar 2022 |
| 03AADCR0260P1ZF | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indusind Securities Limited, buy the company report.
Recent activity
Indusind Securities Limited has 29 board changes on record since 2008: 6 appointments and 23 cessations. The latest: Rajeev Srivastava was appointed as Managing Director on 17 Aug 2026.
39 earlier events are in the company report.
News
Frequently asked questions
Indusind Securities is an active public limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 17 June 2005 (21+ years old) and is registered under CIN U65990MH2005PLC154052.
Indusind Securities has 6 current directors:
- Rajeev Srivastava - Managing Director
- Sanjay Sharma - Whole-Time Director
- Anand Agarwal - Director
- Mosalkanti Vasudev Rao - Director
- Neelu Khatri - Director
- Roopam Asthana - Nominee Director
The latest financial statements of Indusind Securities on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 20 August 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Indusind Securities is 27AADCR0260P1Z5, registered in Maharashtra. The company has 28 GST registrations in all, of which 24 are active and 4 are cancelled or inactive. Other active GSTINs include 27AADCR0260P2Z4 (Maharashtra), 27AADCR0260P3Z3 (Maharashtra), 03AADCR0260P1ZF (Punjab).
The CIN (Corporate Identification Number) of Indusind Securities is U65990MH2005PLC154052. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indusind Securities has 161 court cases on record: 93 filed by the company and 68 filed against it. 24 are pending. Most are in the district courts.
Indusind Securities was incorporated on 17 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Indusind Securities has 11 deals on record (5 funding rounds, 5 secondary share transfers, 1 rights issue), with disclosed funding of ₹240 Cr; the latest was in December 2025.
Rajeev Srivastava was appointed as Managing Director on 17 Aug 2026. Neelu Khatri was appointed as Director on 22 May 2026. Roopam Asthana was appointed as Nominee Director on 05 May 2026. Indusind Securities has 29 board changes on record in total.
Indusind Securities has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 26 Apr 2024.
Indusind Securities can be reached through the website reliancesmartmoney.com. Its registered office is in Mumbai, Maharashtra, India.

