Bofa Securities India Profile
Key Indicators
- Authorised Capital ₹ 1,093.75 Cr
- Paid Up Capital ₹ 23.16 Cr
- Company Age 49 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 58.50 Cr
- Satisfied Charges ₹ 90.15 Cr
- Revenue Growth -2.26%
- Profit Growth -16.04%
- Ebitda -26.47%
- Net Worth 8.80%
- Total Assets -4.17%
About Bofa Securities India
Bofa Securities India Limited (BSIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 October 1975 and has a history of 49 years and five months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as D.S.P. Investment Financial And Management Services Ltd. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1,093.75 Cr and a paid-up capital of Rs 23.16 Cr.
The company currently has active open charges totaling ₹58.50 Cr. The company has closed loans amounting to ₹90.15 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Bofa Securities India Limited India are Priyesha Sehgal as COMPANY SECRETARY and Naresh Shah as Cfo. Sudhir Jain, Arbind Maheswari, Rajnarayan Balakrishnan, and Four other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74140MH1975PLC018618
- Company No.
018618
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Oct 1975
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
What products or services does Bofa Securities India Limited offer?
Bofa Securities India Limited offers a wide range of products and services, including IT, Networking & Automation Solution, IT Solutions, Corporate Finance & Leasing Advisors, Fund Management Services, Business Planning and Management, Business Consultant.
Who are the key members and board of directors at Bofa Securities India?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Priyesha Sehgal | Company Secretary | Current | |
Naresh Shah  | CFO | 01-Oct-2019 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajnarayan Balakrishnan | Whole-Time Director | 28-May-2015 | Current |
| Manishi Kansal | Director | 11-Jan-2024 | Current |
| Arbind Maheswari | Whole-Time Director | 25-Jan-2016 | Current |
| Sudhir Jain | Director | 24-Jul-2020 | Current |
| Asit Bhatia | Whole-Time Director | 25-Nov-2011 | Current |
| Kumar Shah | Director | 18-Sep-2007 | Current |
Financial Performance of Bofa Securities India.
Bofa Securities India Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.26% decrease. The company also saw a substantial fall in profitability, with a 16.04% decrease in profit. The company's net worth moved up by a moderate rise of 8.8%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Bofa Securities India?
In 2023, Bofa Securities India had a promoter holding of 99.95% and a public holding of 0.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹58.50 Cr
Satisfied Charges
₹90.15 Cr
Charges Breakdown by Lending Institutions
- Others : 50.00 Cr
- Dresoner Bank Ag : 8.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 May 2022 | Others | ₹50.00 Cr | Open |
| 13 May 1996 | Dresoner Bank Ag | ₹8.50 Cr | Open |
| 29 Jun 2017 | Hdfc Bank Limited | ₹1.12 M | Satisfied |
| 12 May 2017 | Hdfc Bank Limited | ₹2.27 M | Satisfied |
| 12 May 2017 | Hdfc Bank Limited | ₹2.24 M | Satisfied |
How Many Employees Work at Bofa Securities India?
Bofa Securities India has a workforce of 166 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Bofa Securities India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Bofa Securities India's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Bofa Securities India
Recent activity within the organization
- Director Appointment
Manishi Kansal was appointed as a Director was appointed as a Director on 11 Jan 2024 & has been associated with this company since 1 year 2 months .
- Annual General Meeting
Bofa Securities India Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.
- Balance Sheet
Bofa Securities India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge registered on 14 Jun 1985 via Charge ID 90161873 with Bank Of America National Trust And Saving Association was fully satisfied on 05 Aug 2022.
- Charges
A charge registered on 18 Mar 2014 via Charge ID 10511443 with Hdfc Bank Limited was fully satisfied on 04 Aug 2022.
- Charges
A charge registered on 18 Mar 2014 via Charge ID 10513867 with Hdfc Bank Limited was fully satisfied on 04 Aug 2022.
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Frequently asked questions
What is the Incorporation or founding date of Bofa Securities India Limited?
Bofa Securities India Limited was incorporated on 23 Oct 1975.
What is authorized share capital and paid-up capital of Bofa Securities India Limited?
The authorized share capital of Bofa Securities India Limited is ₹ 1,093.75 Cr and paid-up capital is ₹ 23.16 Cr.
Who are the current board members & directors of Bofa Securities India Limited?
Currently 9 directors are associated with Bofa Securities India Limited.
- Priyesha Abhimanu Sehgal
- Naresh Dahyalal Shah
- Sudhir Jain
- Arbind Maheswari
- Rajnarayan Balakrishnan
- Manishi Kansal
- Asit Anil Bhatia
- Kumar Mahendrabhai Shah
- Mitali Ghosh
What is the registered address of Bofa Securities India Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Bofa Securities India Limited is Ground Floor A Wing One Bkc G Block Bandra Kurla Complex, (East) India, Mumbai, Maharashtra, 400051.
What is the corporate identification number (CIN) and company number of Bofa Securities India Limited?
The corporate identification number (CIN) of Bofa Securities India Limited is U74140MH1975PLC018618 and the company number is 018618 as per Ministry of Corporate Affairs (MCA).
What is the official website of Bofa Securities India Limited?
The Official website of Bofa Securities India Limited is https://www.ml-india.com
What has been the recent revenue trend for Bofa Securities India Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Bofa Securities India Limited has fallen by -2.26%.
How many employees does Bofa Securities India Limited currently have?
As Per 2023 financial reports, 166 employees are currently employed by Bofa Securities India Limited.
What change has been observed in the net worth of Bofa Securities India Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Bofa Securities India Limited has experienced an upsurge of 8.80%.
What are the total open charges for Bofa Securities India Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Bofa Securities India Limited amount to ₹ 58.50 Cr.
When was the last Balance Sheet of Bofa Securities India Limited filed with the ROC?
The most recent Balance Sheet for Bofa Securities India Limited was filed with the ROC on 31 Mar 2023.
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