| Industry | Financial services |
|---|---|
| Founded | 1995 |
| Headquarters | Mumbai, Maharashtra, India |
Area served | India and international markets |
Key people | T.K. Srirang (MD & CEO)[1] |
| Products | Securities brokerage, Financial product distribution, Wealth management, Investment banking services |
| Parent | ICICI Bank Limited |
| Website | icicisecurities.com |
ICICI Securities Limited is an Indian financial services company headquartered in Mumbai, Maharashtra. It is a subsidiary of ICICI Bank and operates in the areas of investment banking, retail and institutional broking, and wealth management.[2][3]
History[edit | edit source]
ICICI Securities was incorporated on March 9, 1995, as ICICI Brokerage Services Limited, a wholly owned subsidiary of ICICI Bank.[4]
In 2000, the company launched ICICI Direct, an online trading platform, a key part of its retail brokerage business. Over the following years, it expanded into derivatives and commodity trading, insurance distribution, and private wealth management.[5]
In 2007, the company was renamed ICICI Securities Limited.[4] It also began offering overseas services and global investment options through digital infrastructure.[6]
On June 29, 2023, ICICI Bank's board and SEBI approved a proposal to delist the company through a share swap arrangement, as part of a strategic restructuring to consolidate operations.[7]
Financial performance[edit | edit source]
For the financial year ended March 2025, ICICI Securities reported a net profit of ₹1,941.45 crore.[8]
See also[edit | edit source]
References[edit | edit source]
- ↑ "lCICI Securities appoints T K Srirang as MD & CEO". Retrieved 13 November 2024.
- ↑ "ICICI Securities Company Profile: Service Breakdown & Team | PitchBook". pitchbook.com. Retrieved 2025-09-16.
- ↑ "ICICI Securities Ltd Share Price Today, 895.70". Business Standard. Retrieved 16 September 2025.
- ↑ 4.0 4.1 "ICICI Securities Limited Red Herring Prospectus" (PDF). icicisecurities.com. p. 48. Retrieved 16 September 2025.
- ↑ "History of ICICI Securities Ltd., Company". Goodreturn. Retrieved 2025-09-16.
- ↑ "ICICI enables trading in global stocks for Indian investors". The Economic Times. 2007-10-08. ISSN 0013-0389. Retrieved 2025-09-16.
- ↑ Deva, Pranati (2025-03-25). "ICICI Securities becomes a wholly owned subsidiary company of ICICI Bank. Details here | Stock Market News". mint. Retrieved 2025-09-16.
- ↑ "ICICI Securities consolidated net profit declines 28.98% in the March 2025 quarter". Business Standard. Retrieved 16 September 2025.
External links[edit | edit source]
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