Kotak Securities Limited

Financial services company offering broking, margin funding, and distribution of financial products.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated: October 23, 2024

Kotak Securities Profile

Key Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 1.60 Cr
  • Company Age 30 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2,935.00 Cr
  • Satisfied Charges ₹ 4,846.03 Cr
  • Revenue Growth -4.93%
  • Profit Growth -20.02%
  • Ebitda -10.59%
  • Net Worth 12.09%
  • Total Assets -18.17%

About Kotak Securities

Kotak Securities Limited (KSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 July 1994 and has a history of 30 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Kotak Securities. 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 2024. It's a company limited by shares with an authorized capital of Rs 16.00 Cr and a paid-up capital of Rs 1.60 Cr.

The company currently has active open charges totaling ₹2,935.00 Cr. The company has closed loans amounting to ₹4,846.03 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Kotak Securities Limited India are Vikas Tarekar as COMPANY SECRETARY and Shripal Shah as Ceo. Falguni Nayar, Shanti Ekambaram, Noshir Dastur, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1994PLC134051

  • Company No.

    134051

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Jul 1994

  • Date of AGM

    27 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Kotak Securities?

Executive Team (2)

Name Designation Appointment Date Status
Shripal Shah Country flag representing In Managing Director 25-Apr-2024 Current
Vikas Tarekar Country flag representing In Company Secretary 05-Sep-2022 Current

Board Members (5)

Name Designation Appointment Date Status
Shanti Ekambaram Country flag representing In Director 20-Jun-2024 Current
Falguni Nayar Country flag representing In Director 24-Jun-2015 Current
Noshir Dastur Country flag representing In Director 26-Mar-2015 Current
Jaideep Hansraj Country flag representing In Director 15-Jul-2019 Current
Pratik Gupta Country flag representing In Whole-Time Director 12-May-2023 Current

Financial Performance of Kotak Securities.

Kotak Securities Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.93% decrease. The company also saw a substantial fall in profitability, with a 20.02% decrease in profit. The company's net worth Soared by an impressive increase of 12.09%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-4.93%
Revenue from Operations
-4.91%
Total Assets
-18.17%
Profit or Loss
-20.02%
Net Worth
12.09%
EBITDA
-10.59%

What is the Ownership and Shareholding Structure of Kotak Securities?

In 2023, Kotak Securities had a promoter holding of 100.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,935.00 Cr

Satisfied Charges

₹4,846.03 Cr

Charges Breakdown by Lending Institutions

  • Others : 2100.00 Cr
  • Hdfc Bank Limited : 475.00 Cr
  • State Bank Of India : 250.00 Cr
  • Axis Bank Limited : 110.00 Cr

Latest Charge Details

Date Lender Amount Status
16 Oct 2023 Others ₹1,500.00 Cr Open
01 Apr 2022 Others ₹500.00 Cr Open
07 Jan 2022 Axis Bank Limited ₹110.00 Cr Open
18 Dec 2021 Hdfc Bank Limited ₹400.00 Cr Open
22 Oct 2021 State Bank Of India ₹250.00 Cr Open

How Many Employees Work at Kotak Securities?

Kotak Securities has a workforce of 4424 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kotak Securities, 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 Kotak Securities's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Kotak Securities

Recent activity within the organization

  • Annual General Meeting

    Kotak Securities Limited last Annual general meeting of members was held on 27 Jun 2024 as per latest MCA records.

    27 Jun 2024

  • Director Appointment

    Shanti Ekambaram was appointed as a Director was appointed as a Director on 20 Jun 2024 & has been associated with this company since 7 months 13 days .

    20 Jun 2024

  • Director Appointment

    Shripal Parasmal Shah was appointed as a Managing Director was appointed as a Managing Director on 25 Apr 2024 & has been associated with this company since 9 months 8 days .

    25 Apr 2024

  • Director Appointment

    Shripal Parasmal Shah was appointed as a Ceo was appointed as a Ceo on 25 Apr 2024 & has been associated with this company since 9 months 8 days .

    25 Apr 2024

  • Balance Sheet

    Kotak Securities Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 26 May 2021 via Charge ID 100447088 with Others was fully satisfied on 29 Jan 2024.

    29 Jan 2024

Frequently asked questions

  • Kotak Securities Limited was incorporated on 20 Jul 1994.

  • The authorized share capital of Kotak Securities Limited is ₹ 16.00 Cr and paid-up capital is ₹ 1.60 Cr.

  • Currently 8 directors are associated with Kotak Securities Limited.

    • Falguni Sanjay Nayar
    • Shanti Ekambaram
    • Noshir Rustom Dastur
    • Jaideep Hansraj
    • Pratik Gupta
    • Vikas Purushottamrao Tarekar
    • Shripal Parasmal Shah
    • Shripal Parasmal Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kotak Securities Limited is 27 Bkc C 27 G Block Bandra Kurla Complex, (E) India, Mumbai, Maharashtra, 400051.

  • The corporate identification number (CIN) of Kotak Securities Limited is U99999MH1994PLC134051 and the company number is 134051 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kotak Securities Limited is https://www.kotaksecurities.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kotak Securities Limited has fallen by -4.93%.

  • As Per 2023 financial reports, 4424 employees are currently employed by Kotak Securities Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kotak Securities Limited has experienced an upsurge of 12.09%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kotak Securities Limited amount to ₹ 2,935.00 Cr.

  • The most recent Balance Sheet for Kotak Securities Limited was filed with the ROC on 31 Mar 2024.

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