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]