ICICI Securities

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

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

For the financial year ended March 2025, ICICI Securities reported a net profit of ₹1,941.45 crore.[8]

See also

• Reserve Bank of India
• ICICI Prudential Life Insurance
• ICICI Prudential Mutual Fund

External links

• Official website