CIL Securities

What CIL Securities does

CIL Securities Limited is a Hyderabad-headquartered, BSE-listed diversified financial services company incorporated in 1989, operating as a SEBI-registered Stock Broker, Category-I Merchant Banker, Category-I Registrar and Share Transfer Agent, and Depository Participant (under CDSL). It serves retail investors, high net worth individuals, and institutional clients through a multi-channel model spanning web and mobile trading, call-and-trade, branch offices in Hyderabad, Mumbai, and Kanpur, plus a franchisee and authorized-person network across 15+ Indian cities in 8 states.

The company's core product is a securities trading platform providing equity, futures & options, and currency derivatives access on NSE and BSE, plus commodities trading on MCX. This is supported by a self-developed technology stack including E-KYC onboarding, a SPAN margin calculator, a brokerage calculator, an online IPO application portal, a mutual fund platform, and a client backoffice. Adjacent product lines include Category-I merchant banking (IPO management, corporate advisory, M&A, ESOP administration), Category-I RTA services for physical and electronic share transfers, and depository participant services under CDSL. An in-house Equity Research Cell produces the 'CILEQISEARCH' newsletter and daily trading calls across equity, derivatives, commodity, and currency segments.

Revenue is generated through transaction-based brokerage (0.10% on delivery, 0.01% on intraday and F&O, plus Rs 20 per options lot, with rates negotiable), professional services fees from merchant banking mandates, RTA processing fees, and depository participant account fees. Headcount is 51-100 employees. FY2025-26 reported sales of Rs 8.36 crore declined 14.95% YoY and net profit of Rs 1.67 crore declined 18.93% YoY, with Q4 March 2026 net profit collapsing 74.42% YoY to Rs 0.11 crore, indicating a meaningful recent deterioration in core trading volumes.

Name

CIL Securities

Legal name

CIL Securities Limited

Website

http://www.cilsecurities.com

Company type

Public

Founded year

1989

Operating status

Operating

Headcount range

51–100 employees

Short description

CIL Securities is a BSE-listed, Hyderabad-based SEBI-registered Stock Broker, Category-I Merchant Banker, RTA, and Depository Participant serving retail, HNI, and institutional clients across India with equity, F&O, currency, and commodity trading plus merchant banking, RTA, and depository services.

Ownership category

akta.pro rank

Product category

Securities Brokerage and Financial Services

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Investment Banking and Securities Intermediation (523150)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Equity Prime Brokerage (Custody, Financing & Services) (FSACAFAB)

akta.pro secondary industries

Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL), Dividend, Interest & Distribution Services (FSACAKAD)

Keywords

• Securities trading services
• Merchant banking services
• Depository participant services
• Registrar share transfer
• Equity research advisory

Headquarters

HQ city

Hyderabad

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Brokerage - F&O Segment: Commission-based brokerage charged on futures and options trading. Charges 0.01% on buy and sell transactions in F&O/Currency/MCX segments, plus Rs.20 per lot for options trading.
2. Brokerage - Cash/Delivery Segment: Commission on equity delivery and intraday trades. Charges 0.10% on delivery transactions and 0.01% on intraday trades. Brokerage rates are negotiable between client and company.
3. Merchant Banking Services: Category-I Merchant Banking services including IPO management, project financing advisory, corporate advisory for amalgamations and debt restructuring, takeover offer management, and ESOP administration.
4. Registrar and Share Transfer Agent (RTA) Services: Provides registrar services for new issues, share transfer processing for physical and dematerialized shares, and depository registrar activities for NSDL and CDSL.
5. Depository Participant Services: SEBI registered Depository Participant for CDSL maintaining and serving corporate and individual beneficiary owners with demat account services.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels4 records

Core offering

CIL Securities Limited is a SEBI-registered integrated financial services firm offering securities broking across NSE (Cash, F&O, Currency Derivatives), BSE, and MCX via web and mobile platforms, complemented by offline call-and-trade. It also provides Category-I Merchant Banking (IPO/QIP management, corporate advisory, takeover offers, ESOP), Category-I Registrar and Share Transfer Agent (RTA) services for physical and demat shares, and Depository Participant (DP) services under CDSL. Supporting offerings include an in-house Equity Research Cell publishing the CILEQISEARCH newsletter, an E-KYC onboarding system, an SPAN Margin Calculator, a Brokerage Calculator, and AMFI-registered mutual fund distribution.

Product overview

CIL Securities Ltd operates as a diversified financial services company offering a comprehensive suite of products through an integrated platform architecture. The core offering centers on Securities Trading (both online via web/mobile apps and offline via call & trade) across NSE/BSE in Cash Market, F&O, and Currency segments. This is complemented by the Equity Research Cell producing 'CILEQISEARCH' newsletter for investment recommendations. The Merchant Banking division (Category-I) handles public issues, corporate advisory, and M&A services. Supporting infrastructure includes the Registrar & Share Transfer Agent (RTA) for physical/electronic share transfers, and Depository Participant services through CDSL for demat account management. Additional platforms include Mutual Fund Online for fund investments, Margin Calculator for derivatives requirements, Brokerage Calculator for cost estimation, IPO Investment Platform for public issues, E-Voting for shareholder resolutions, and Trading Calls providing equity/derivatives recommendations. The company serves retail, HNI, and institutional clients across India through offices in Hyderabad, Mumbai, Kanpur and authorized person networks.

Differentiator

Problem solved

Functional benefit

Products and services

• Securities Trading (Brokerage)

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature4 records

Partnerships

Seven partnerships are on record, tiered core, minor and supporting.

• National Stock Exchange (NSE)coreOthersCorporate member of NSE in Cash Market (membership acquired 03.11.1994), Futures and Options Segment (membership acquired 05.09.2002), and Currency Derivative Segment (membership acquired 01.09.2008). SEBI Registration No. INZ000169535.
• Bombay Stock Exchange (BSE)coreOthersCorporate member of BSE Ltd, Mumbai since 31.03.2005. SEBI Registration No. INZ000169535.
• Multi Commodity Exchange of India (MCX)coreOthersMember of MCX, a commodities exchange. Membership No. 31435 since 25.05.2006.
• National Securities Depository Limited (NSDL)coreOthersSEBI registered Depository Registrar under NSDL with SEBI Registration No. RTA-ID-with NSDL.IN-200205 since 03.05.2000. Also depository participant connectivity for electronic share registry.
• Central Depository Services Limited (CDSL)coreOthersSEBI registered Depository Registrar under CDSL with SEBI Registration No. RTA-ID-with CDSL-113 since 16.11.1999. Also SEBI Registered Depository Participant under CDSL with SEBI Registration No. IN-DP-519-2020.
• AMFI (Association of Mutual Funds in India)minorOthersAMFI registered Mutual Fund Advisor with AMFI Registration No. ARN-77390 since 30.11.2009, enabling distribution of mutual fund products.
• ICICI BanksupportingOthersBanking partner with account at ICICI Bank, Khairatabad, Hyderabad. Beneficiary Account Number: 000805024305. IFSC Code: ICIC0000008.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Anand Rathi Financial Services: BSE/NSE-listed Indian financial services group offering broking, merchant banking, wealth management, MF distribution and research — a closer scale and business-model analog than the largest incumbents.
• JM Financial: BSE/NSE-listed Indian financial services firm spanning retail broking, investment banking, merchant banking, wealth and depository — overlaps with CIL's integrated-services positioning and listed mid-cap profile.
• Prabhudas Lilladher: Mumbai-based Indian financial services firm offering retail/ institutional broking, equity research, merchant banking and wealth management — directly comparable integrated services with a research-led positioning similar to CIL's CILEQISEARCH.
• Sharekhan (by BNP Paribas): Large Indian full-service retail broker with branches, franchisees, online platform, research and MF distribution — directly competes with CIL for the same retail and HNI segment in tier-1/tier-2 cities.
• Choice Broking: Mid-size Indian retail broker with online trading, depository participant and MF distribution across NSE/BSE/MCX — comparable sub-large scale and multi-service model to CIL.
• Religare Broking: Pan-India retail and institutional broking franchise offering equities, derivatives, commodities, MF distribution and depository services via online and branch channels — competes head-on with CIL across product lines.
• Motilal Oswal Financial Services: BSE/NSE-listed full-service Indian broker combining retail broking, equity research, merchant banking, MF distribution and wealth management — same integrated-services template as CIL but at materially larger scale.
• Geojit Financial Services: Kerala-headquartered, BSE/NSE-listed Indian retail brokerage and financial services firm offering equities, derivatives, MF distribution and online trading — directly comparable to CIL in scale, product mix and target customer (retail + HNI across India).
• PhillipCapital (India): India operations of Singapore-headquartered PhillipCapital providing retail broking, institutional equities, MF distribution and depository services — directly comparable multi-segment, multi-license Indian broker.

Broad incumbents

• ICICI Securities: Subsidiary of ICICI Bank and a BSE/NSE-listed full-service broker with retail broking, merchant banking and institutional equities — same product set as CIL but with banking-distribution scale, brand and capital that dwarf the company.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/CilSecuritiesLt

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CIL Securities