About Sbicap Securities Limited
Data last updated:
Sbicap Securities Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Sbi Capital Markets Limited. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 19 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65999MH2005PLC155485. Its GSTIN is 27AAJCS3407M2Z0 (Maharashtra). The company holds 29 GST registrations, of which 26 are active.
The company has an authorised share capital of ₹250 Cr and a paid-up capital of ₹96.88 Cr. It is led by directors including Baldev Prakash (Managing Director) and Sushanta Kumar Das (Whole-Time Director).
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,215.13 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹592.34 Cr (net margin 26.7%) and EBITDA of ₹1,093.82 Cr (EBITDA margin 49.4%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 35% over five years.
The company has about 9,499 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SBI Securities. As per MCA filings, the company has open charges of ₹886 Cr and satisfied charges of ₹2,000 Cr on record. Court records list 75 cases involving the company, including 24 filed by the company and 51 filed against it; 17 cases are pending. The company has 4 deals on record (2 rights issues, 1 funding round, 1 acquisition), with disclosed funding of ₹25 Cr; the latest was in March 2015. Its 4 peer companies in the BFSI industry (Broking Services, Financial Instrument Distributors), with the same principal business activity (financial advisory, brokerage and consultancy services) are compared by revenue, 2 larger and 2 smaller; the largest is Touchline Securities Private Limited with revenue of ₹2,972.03 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sbismart.com.
CIN History
Sbicap Securities has one previous CIN (Corporate Identification Number): U65999MH2005PTC155485. The current CIN is U65999MH2005PLC155485, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65999MH2005PLC155485 | Current |
| U65999MH2005PTC155485 | Previous |
- EmailLocked
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- Registered AddressMarathon Futurex 12th Flr Unit No – 1201 B – Wing Mafatlal Mill Compound N.M.Joshi Marg, Lowerparel, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Brokerage & Trading Services
- 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
- One PDF report, delivered after checkout
Associated Brands
Sbicap Securities operates one associated brand: SBI Securities. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Equities and multiple assets are traded through an online platform. | sbisecurities.in |
Business Activity
The main business activity of Sbicap Securities is financial and insurance service. In detail, this covers 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
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Sbicap Securities Limited
FY 2025 filings availableSbicap Securities Limited reported revenue of ₹2,215.13 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 23% growth in the latest year. EBITDA rose 42% 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | ₹2,215.13 Cr | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹1,093.82 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹592.34 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 49.4% | |
| Net Profit Margin | 26.7% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2020-21 to FY 2023-24, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sbicap Securities are in the company report.
: available in the company report
Board of Directors and KMP of Sbicap Securities Limited
Sbicap Securities Limited currently reports 10 directors and 1 key managerial person. 56 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharad Sharma Also directs: Yes Bank Limited, Sbi Payment Services Private Limited | Director | 11 Jun 2018 | 8 Years 4 Months | Current |
| Gitika Kapoor | Director | 22 May 2023 | 3 Years 5 Months | Current |
| Ashwini Kumar Tewari Also directs: Sbi Payment Services Private Limited, Sbi Funds Management Limited, Sbi Cards and Payment Services Limited and 5 more | Nominee Director | 05 Dec 2023 | 2 Years 10 Months | Current |
| Devinder Pal Singh | Director | 02 Jul 2020 | 6 Years 3 Months | Current |
| Sushanta Kumar Das | Whole-Time Director | 14 Jul 2022 | 4 Years 3 Months | Current |
| Virendra Mohanlal Bansal | Nominee Director | 26 Mar 2024 | 2 Years 6 Months | Current |
Peer Comparison
Sbicap Securities Limited is compared with the companies closest to it by revenue in the BFSI industry (Broking Services, Financial Instrument Distributors), with the same principal business activity (financial advisory, brokerage and consultancy services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Touchline Securities Private Limited | ₹2,972.03 Cr (FY 2023) | •••• | •••• | 3800.0% | •••• | Mumbai, Maharashtra, India |
| NJ Indiainvest Private Limited | ₹2,621.89 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Surat, Gujarat, India |
| Abans Broking Services Private Limited | ₹2,247.88 Cr (FY 2025) | •••• | •••• | 346.0% | •••• | Mumbai, Maharashtra, India |
| Iifl Capital Services Limited Listed | ₹2,231.29 Cr (FY 2024) | •••• | •••• | 63.0% | •••• | Thane, Maharashtra, India |
| Sbicap Securities Limited this company | ₹2,215.13 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Mumbai, Maharashtra, India |
Peers are the companies nearest to Sbicap Securities by revenue, above and below it, in the BFSI industry (Broking Services, Financial Instrument Distributors), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Sbicap Securities Limited is audited by GMJ & Co for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GMJ & Co | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Mar 2025 | State Bank of India | ₹250 Cr | Open |
| 02 Sep 2024 | Others | ₹200 Cr | Open |
| 11 Nov 2021 | State Bank of India | ₹436 Cr | Open |
| 08 Jun 2022 | Idbi Bank Limited | ₹200 Cr | Satisfied |
| 31 May 2022 | Others | ₹600 Cr | Satisfied |
Total charge records: 11 View all charges
Deals & Funding
Sbicap Securities Limited has 4 deals on record (2 rights issues, 1 funding round, 1 acquisition), with disclosed funding of ₹25 Cr; the latest was in March 2015.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Rights issue | ₹25 Cr | Investors: Sbi Capital Markets Limited |
| Oct 2013 | Funding round | ₹25 Cr | Investors: Sbi Capital Markets Limited |
| May 2012 | Rights issue | ₹25 Cr | Investors: Sbi Capital Markets Limited |
| Jul 2006 | Acquisition | ₹39.95 Cr | Buyer: Sbi Capital Markets Limited |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Sbicap Securities Limited has 75 court cases on record: 24 filed by Sbicap Securities, 51 filed against it. 17 cases are pending and 58 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 45 | 34 | 12 |
| High courts | 27 | 14 | 3 |
| NCLAT | 3 | 3 | 2 |
Cases on record (5 of 75)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.A.P.) | Filed by the company against National Stock Exchange of India Ltd and 1 other | Disposed |
| High Court, MAHARASHTRA | Arbitration matter | Filed by the company against National Stock Exchange of India Ltd and 1 other | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by Mask Investments Ltd. and 11 others | Disposed |
| District court, East, Delhi | Court case (SUCCESSION COURT) | Filed against the company | Pending |
| High Court of Madhya Pradesh | Court case (RP) | Filed against the company by an individual | Pending |
: available in 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.
Employees and EPFO Compliance
Sbicap Securities Limited has a workforce of 9,499 employees as of Oct 22, 2024.
: available in the company report
Recent Activity
Sbicap Securities Limited has 67 board changes on record since 2007: 11 appointments and 56 cessations. The latest: Baldev Prakash was appointed as Managing Director on 26 Jun 2026.
82 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Sbicap Securities has 29 GST registrations: 26 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCS3407M2Z0 | Maharashtra | Active | 01 Jul 2017 |
| 27AAJCS3407M3ZZ | Maharashtra | Active | 21 Jul 2017 |
| 02AAJCS3407M1ZD | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AAJCS3407M1ZB | Punjab | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
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Frequently Asked Questions
Sbicap 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 19 August 2005 (21+ years old) and is registered under CIN U65999MH2005PLC155485.
Sbicap Securities has 11 current directors and KMP:
- Baldev Prakash - Managing Director
- Sushanta Kumar Das - Whole-Time Director
- Vikas Bhargava - Whole-Time Director
- Sharad Sharma - Director
- Gitika Kapoor - Director
- Ashwini Kumar Tewari - Nominee Director
- Devinder Pal Singh - Director
- Virendra Mohanlal Bansal - Nominee Director
- Atul Srivastava - Nominee Director
- Manoj Kumar - Nominee Director
- Amravanesvaran Bhuvaneshwari - Ceo
The latest financial statements of Sbicap 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 GSTIN of Sbicap Securities is 27AAJCS3407M2Z0, registered in Maharashtra. The company has 29 GST registrations in all, of which 26 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAJCS3407M3ZZ (Maharashtra), 02AAJCS3407M1ZD (Himachal Pradesh), 03AAJCS3407M1ZB (Punjab).
The CIN (Corporate Identification Number) of Sbicap Securities is U65999MH2005PLC155485. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sbicap Securities has 75 court cases on record: 24 filed by the company and 51 filed against it. 17 are pending. Most are in the district courts.
Sbicap Securities was incorporated on 19 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Sbicap Securities has 4 deals on record (2 rights issues, 1 funding round, 1 acquisition), with disclosed funding of ₹25 Cr; the latest was in March 2015.
The peers of Sbicap Securities by revenue are Touchline Securities Private Limited, NJ Indiainvest Private Limited, Abans Broking Services Private Limited, Iifl Capital Services Limited, all in the BFSI industry (Broking Services, Financial Instrument Distributors), with the same principal business activity (financial advisory, brokerage and consultancy services).
Baldev Prakash was appointed as Managing Director on 26 Jun 2026. Manoj Kumar was appointed as Nominee Director on 18 Jun 2026. Shesh Ram Verma ceased to be Nominee Director on 16 Jun 2026. Sbicap Securities has 67 board changes on record in total.
Sbicap Securities can be reached through the website sbismart.com. Its registered office is in Mumbai, Maharashtra, India.