Motilal oswal financial services limited
ActiveMotilal Oswal Financial Services Limited (MOFSL) is a diversified Indian financial services company. They focus on wealth creation through knowledge, offering a range of financial products and services. Their business areas include Wealth Management, helping retail customers make informed investment decisions, and providing services such as Private Wealth, Retail Broking, and Distribution. MOFSL also manages mutual funds and offers online share trading and investment brokerage in India.
Company Overview
| Category | Company limited by shares |
| Class | Public |
| Sub-Category | Non-government company |
| Listed | Listed |
| Age | 19 years, 9 months, 25 days |
| Auth. Capital | ₹1,74,00,00,000 |
| Paid-Up Capital | ₹60,16,46,320 |
| Last AGM | 15-07-2025 |
| Last Balance Sheet | 31-03-2025 |
Business Activity
| NIC Code | 6719 |
| Sector | Activities auxiliary to financial intermediation n.e.c. [This class includes activities of financial advisers, mortgage advisers and brokers, bureaux de change (foreign exchange services) etc.]. |
| Division | ACTIVITIES AUXILIARY TO FINANCIAL INTERMEDIATION |
| Group | Activities auxiliary to financial intermediation; except insurance and pension funding.[This Group includes activities involved in or closely related to financial inter-mediation other than insurance and pension funding but not themselves involving financial inter-mediation]. |
Profit & Loss (Cr.)
Year-wise financial performance. All values in Indian Rupees Crore (Cr.).
| Financial Year | Paid Up Capital | Net Worth | Total Income | Total Expense | Profit Before Tax | Income Tax | Profit After Tax |
|---|---|---|---|---|---|---|---|
| 2024 | 14.90 | 5915.94 | 4596.70 | 2804.44 | 1792.26 | 301.88 | 1490.38 |
| 2023 | 14.79 | 4453.54 | 2692.71 | 1967.41 | 725.30 | 156.39 | 568.91 |
| 2022 | 14.91 | 4242.11 | 2611.44 | 1747.31 | 864.13 | 157.31 | 706.82 |
| 2021 | 14.66 | 3531.39 | 2184.31 | 1258.86 | 837.35 | 124.95 | 712.40 |
| 2020 | 14.81 | 2764.14 | 1306.39 | 1112.29 | 194.10 | -2.70 | 196.80 |
| 2019 | 14.57 | 2593.56 | 1248.69 | 855.19 | 391.64 | 69.87 | 321.77 |
| 2018 | 14.51 | 1797.52 | 1272.74 | 857.84 | 414.90 | 85.71 | 329.19 |
| 2017 | 14.45 | 669.18 | 142.36 | 62.75 | 85.71 | -0.59 | 86.30 |
| 2016 | 14.22 | 593.48 | 110.86 | 57.53 | 53.33 | 6.72 | 46.61 |
| 2015 | 14.02 | 574.78 | 129.20 | 63.88 | 65.32 | 4.83 | 60.49 |
Financial Performance Over the Years
Current Directors & Key Managerial Personnel
Directors currently active in Motilal oswal financial services limited.
| DIN | Name | Designation | Appointed On | Wealth Segment | Current Directorships |
|---|---|---|---|---|---|
| 09006117 | SWANUBHUTI JAIN | Director | 2021-08-09 | – | 5 |
| 00024503 | MOTILAL GOPILAL OSWAL | Managing Director | 2005-05-18 | – | 21 |
| 00024589 | AJAYKUMAR SREEDHARA MENON | Whole-time director | 2018-09-27 | – | 7 |
| 00365757 | DIVYA SAMEER MOMAYA | Director | 2020-07-30 | – | 8 |
| 03154793 | PANKAJ BHANSALI | Director | 2020-07-30 | – | 9 |
| 07682114 | RAJAT RAJGARHIA | Whole-time director | 2021-08-09 | – | 5 |
| *****4881G | KAILASH CHUNNILAL PUROHIT | Company Secretary | 2017-11-04 | – | – |
| *****6599P | SHALIBHADRA NAVINCHANDRA SHAH | CFO | 2017-04-27 | – | – |
| 00024533 | RAAMDEO RAMGOPAL AGARAWAL | Director | 2019-10-14 | – | 15 |
| 00057222 | CHITRADURGA NARASIMHA MURTHY | Director | 2020-07-30 | – | 2 |
| 00003874 | CHANDRASHEKHAR ANANT KARNIK | Director | 2021-08-09 | – | 10 |
| 00024561 | NAVIN HARIPRASAD AGARWAL | Managing Director | 2020-07-31 | – | 7 |
Past Directors & Key Managerial Personnel
Former directors who have ceased their association with Motilal oswal financial services limited.
| DIN | Name | Designation | Appointed On | Wealth Segment | Cessation Date |
|---|---|---|---|---|---|
| 09006117 | SWANUBHUTI JAIN | Additional Director | - | – | 2021-08-09 |
| 00001085 | BALKUMAR KAPURCHAND AGARWAL | Additional Director | - | – | 2007-08-04 |
| 00001085 | BALKUMAR KAPURCHAND AGARWAL | Director | - | – | 2015-08-08 |
| 00796367 | MADHAV NARAYAN BHATKULY | Additional Director | - | – | 2007-08-04 |
| 00796367 | MADHAV NARAYAN BHATKULY | Director | - | – | 2011-07-21 |
| 03378566 | VIVEK PARANJPE | Additional Director | - | – | 2011-07-21 |
| 03378566 | VIVEK PARANJPE | Director | - | – | 2020-07-30 |
| 07072417 | REKHA UTSAV SHAH | Additional Director | - | – | 2018-09-27 |
| 07072417 | REKHA UTSAV SHAH | Director | - | – | 2020-10-01 |
| 07669953 | SAMEER VASUDEV KAMATH | CFO(KMP) | - | – | 2017-04-27 |
| 00022814 | SHARDA AGARWAL | Additional Director | - | – | 2014-08-22 |
| 00022814 | SHARDA AGARWAL | Director | - | – | 2020-07-30 |
| 00024589 | AJAYKUMAR SREEDHARA MENON | Additional Director | - | – | 2018-09-27 |
| 00365757 | DIVYA SAMEER MOMAYA | Additional Director | - | – | 2020-07-30 |
| 00480136 | TRIKKUR ANANTHARAMAN | Director | - | – | 2007-08-08 |
| 03154793 | PANKAJ BHANSALI | Additional Director | - | – | 2020-07-30 |
| 07682114 | RAJAT RAJGARHIA | Additional Director | - | – | 2021-08-09 |
| 00024533 | RAAMDEO RAMGOPAL AGARAWAL | Director | - | – | 2009-10-14 |
| 00024533 | RAAMDEO RAMGOPAL AGARAWAL | Managing Director | - | – | 2019-10-14 |
| 00057222 | CHITRADURGA NARASIMHA MURTHY | Additional Director | - | – | 2020-07-30 |
| 00003874 | CHANDRASHEKHAR ANANT KARNIK | Additional Director | - | – | 2021-08-09 |
| 00024561 | NAVIN HARIPRASAD AGARWAL | Director | - | – | 2018-09-27 |
| 00024561 | NAVIN HARIPRASAD AGARWAL | Managing Director | - | – | 2020-07-31 |
| 00024561 | NAVIN HARIPRASAD AGARWAL | Whole-time director | - | – | 2007-03-01 |
| 03154381 | PRAVEEN KUMAR RAMNIRANJAN TRIPATHI | Additional Director | - | – | 2012-07-28 |
| 03154381 | PRAVEEN KUMAR RAMNIRANJAN TRIPATHI | Director | - | – | 2020-07-30 |
| 03280026 | TARUN KHURANA | Company Secretary | - | – | 2009-11-12 |
Open Charges
| Charge ID | 10564842 |
| Holder | BAJAJ FINANCE LIMITED |
| Amount | ₹20,00,00,000 |
| Created | 14-02-2015 |
| Assets | null |
| Charge ID | 10503095 |
| Holder | HDFC BANK LIMITED |
| Amount | ₹26,38,00,00,000 |
| Created | 27-03-2014 |
| Assets | Immovable property or any interest therein |
| Charge ID | 100102825 |
| Holder | BAJAJ FINANCE LIMITED |
| Amount | ₹50,00,00,000 |
| Created | 26-12-2016 |
| Assets | Security provided on behalf of subsidiary co. |
| Charge ID | 100190043 |
| Holder | KOTAK MAHINDRA BANK LIMITED |
| Amount | ₹10,00,00,00,000 |
| Created | 26-06-2018 |
| Assets | Book debts |
| Charge ID | 100091941 |
| Holder | BAJAJ FINANCE LIMITED |
| Amount | ₹50,00,00,000 |
| Created | 26-12-2016 |
| Assets | null |
| Charge ID | 100073116 |
| Holder | BAJAJ FINANCE LIMITED |
| Amount | ₹1,00,00,00,000 |
| Created | 30-06-2016 |
| Assets | Securities - Mutual Fund units |
| Charge ID | 10560395 |
| Holder | YES BANK LIMITED |
| Amount | ₹75,00,00,000 |
| Created | 05-02-2015 |
| Assets | null |
| Charge ID | 10368616 |
| Holder | ICICI BANK LIMITED |
| Amount | ₹1,90,00,00,000 |
| Created | 13-06-2012 |
| Assets | Book debts; Floating charge; Movable property (not being pledge); Current Assets , books receivables, |
| Charge ID | 10294326 |
| Holder | HDFC BANK LIMITED |
| Amount | ₹3,50,00,00,000 |
| Created | 11-05-2011 |
| Assets | Book debts; Floating charge; Current Assets |
| Charge ID | 100330288 |
| Holder | AU SMALL FINANCE BANK LIMITED |
| Amount | ₹2,23,00,00,000 |
| Created | 28-01-2020 |
| Assets | Fixed Deposit Receipt |
| Charge ID | 100427636 |
| Holder | BEACON TRUSTEESHIP LIMITED |
| Amount | ₹3,00,00,00,000 |
| Created | 01-02-2021 |
| Assets | As per Deed of Hypothecation attached |
| Charge ID | 100468526 |
| Holder | Axis Bank Limited |
| Amount | ₹28,00,00,00,000 |
| Created | 20-07-2021 |
| Assets | as per sanction letter |
| Charge ID | 100493502 |
| Holder | BEACON TRUSTEESHIP LIMITED |
| Amount | ₹78,00,00,000 |
| Created | 23-09-2021 |
| Assets | As per attached Deed of Hypothecation |
| Charge ID | 100518955 |
| Holder | HDFC BANK LIMITED |
| Amount | ₹5,00,00,00,000 |
| Created | 09-12-2021 |
| Assets | Pledged Securities |
| Charge ID | 100529535 |
| Holder | ICICI BANK LIMITED |
| Amount | ₹25,00,00,00,000 |
| Created | 27-12-2021 |
| Assets | Book debts; Floating charge; As mentioned in Memorandum of charge |
| Charge ID | 100535489 |
| Holder | INDUSIND BANK LTD. |
| Amount | ₹1,99,00,00,000 |
| Created | 12-02-2022 |
| Assets | Floating charge; Lien on Bank's own Term Deposits |
| Charge ID | 100544468 |
| Holder | State Bank of India |
| Amount | ₹10,00,00,00,000 |
| Created | 04-03-2022 |
| Assets | 50% i.e.Rs.150 Cr in form of fixed Deposit as sec. |
| Charge ID | 100546376 |
| Holder | THE SOUTH INDIAN BANK LIMITED |
| Amount | ₹5,00,000 |
| Created | 25-02-2022 |
| Assets | Memorandum of Charge / Lien over Fixed Deposit |
| Charge ID | 100584627 |
| Holder | BEACON TRUSTEESHIP LIMITED |
| Amount | ₹28,40,00,000 |
| Created | 18-05-2022 |
| Assets | As per attached Deed of Hypothecation |
| Charge ID | 100593910 |
| Holder | RBL BANK LIMITED |
| Amount | ₹3,00,00,00,000 |
| Created | 24-06-2022 |
| Assets | Floating charge; Fixed Deposit Receipt |
| Charge ID | 100601626 |
| Holder | THE SOUTH INDIAN BANK LIMITED |
| Amount | ₹5,00,000 |
| Created | 14-07-2022 |
| Assets | Memorandum of Charge / Lien over Fixed Deposit |
| Charge ID | 100609245 |
| Holder | ICICI BANK LIMITED |
| Amount | ₹1,25,00,00,000 |
| Created | 29-08-2022 |
| Assets | null |
| Charge ID | 100609251 |
| Holder | ICICI BANK LIMITED |
| Amount | ₹4,25,00,00,000 |
| Created | 22-08-2022 |
| Assets | null |
| Charge ID | 100609510 |
| Holder | IDBI Bank Limited |
| Amount | ₹1,50,00,00,000 |
| Created | 24-08-2022 |
| Assets | null |
| Charge ID | 100627711 |
| Holder | BANDHAN BANK LIMITED |
| Amount | ₹1,51,00,00,000 |
| Created | 21-09-2022 |
| Assets | null |
| Charge ID | 100628435 |
| Holder | ICICI Bank Limited |
| Amount | ₹5,00,00,00,000 |
| Created | 23-09-2022 |
| Assets | null |
| Charge ID | 100645457 |
| Holder | Standard Chartered Bank |
| Amount | ₹2,00,00,00,000 |
| Created | 07-11-2022 |
| Assets | null |
| Charge ID | 100668726 |
| Holder | BANK OF MAHARASHTRA |
| Amount | ₹5,60,00,00,000 |
| Created | 06-01-2023 |
| Assets | null |
| Charge ID | 100668709 |
| Holder | Union Bank of India |
| Amount | ₹5,00,00,00,000 |
| Created | 05-01-2023 |
| Assets | null |
| Charge ID | 100676893 |
| Holder | DBS BANK INDIA LIMITED |
| Amount | ₹5,00,00,00,000 |
| Created | 18-01-2023 |
| Assets | null |
| Charge ID | 100701483 |
| Holder | HDFC BANK LIMITED |
| Amount | ₹3,00,00,00,000 |
| Created | 20-03-2023 |
| Assets | null |
| Charge ID | 100720792 |
| Holder | State Bank of India |
| Amount | ₹15,00,00,00,000 |
| Created | 10-05-2023 |
| Assets | null |
| Charge ID | 100779103 |
| Holder | ICICI BANK LIMITED |
| Amount | ₹4,00,00,00,000 |
| Created | 25-08-2023 |
| Assets | null |
| Charge ID | 100783044 |
| Holder | ICICI BANK LIMITED |
| Amount | ₹1,00,00,00,000 |
| Created | 20-09-2023 |
| Assets | null |
| Charge ID | 100894757 |
| Holder | INFINA FINANCE PRIVATE LIMITED |
| Amount | ₹1,50,00,00,000 |
| Created | 15-03-2024 |
| Assets | null |
| Charge ID | 100923696 |
| Holder | BEACON TRUSTEESHIP LIMITED |
| Amount | ₹10,00,00,00,000 |
| Created | 09-05-2024 |
| Assets | null |
| Charge ID | 100910274 |
| Holder | ADITYA BIRLA FINANCE LIMITED |
| Amount | ₹4,00,00,00,000 |
| Created | 30-03-2024 |
| Assets | null |
| Charge ID | 100936196 |
| Holder | CITI BANK N.A. |
| Amount | ₹1,50,00,00,000 |
| Created | 10-06-2024 |
| Assets | null |
| Charge ID | 100958070 |
| Holder | TATA CAPITAL LIMITED |
| Amount | ₹2,00,00,00,000 |
| Created | 31-07-2024 |
| Assets | null |
| Charge ID | 100978263 |
| Holder | BEACON TRUSTEESHIP LIMITED |
| Amount | ₹1,70,00,00,000 |
| Created | 04-09-2024 |
| Assets | null |
| Charge ID | 100985165 |
| Holder | THE SOUTH INDIAN BANK LIMITED |
| Amount | ₹25,00,000 |
| Created | 30-09-2024 |
| Assets | null |
| Charge ID | 100985165 |
| Holder | THE SOUTH INDIAN BANK LIMITED |
| Amount | ₹25,00,000 |
| Created | 30-09-2024 |
| Assets | null |
| Charge ID | 101003575 |
| Holder | Indian Bank |
| Amount | ₹1,00,00,00,000 |
| Created | 31-10-2024 |
| Assets | null |
| Charge ID | 101069456 |
| Holder | BAJAJ FINANCE LIMITED |
| Amount | ₹1,50,00,00,000 |
| Created | 04-03-2025 |
| Assets | null |
| Charge ID | 101077753 |
| Holder | THE FEDERAL BANK LTD |
| Amount | ₹6,00,00,00,000 |
| Created | 22-03-2025 |
| Assets | null |
| Charge ID | 101163112 |
| Holder | BEACON TRUSTEESHIP LIMITED |
| Amount | ₹5,00,00,00,000 |
| Created | 07-08-2025 |
| Assets | null |
| Charge ID | 101209869 |
| Holder | Deutsche bank AG |
| Amount | ₹2,00,00,00,000 |
| Created | 11-12-2025 |
| Assets | null |
| Charge ID | 101209869 |
| Holder | Deutsche bank AG |
| Amount | ₹2,00,00,00,000 |
| Created | 11-12-2025 |
| Assets | null |
| Charge ID | 101217837 |
| Holder | BEACON TRUSTEESHIP LIMITED |
| Amount | ₹3,00,00,00,000 |
| Created | 12-12-2025 |
| Assets | null |
| Charge ID | 101241785 |
| Holder | KOTAK MAHINDRA BANK LIMITED |
| Amount | ₹4,00,00,00,000 |
| Created | 13-02-2026 |
| Assets | null |
Satisfied Charges
| Charge ID | 10565069 |
| Holder | ADITYA BIRLA FINANCE LIMITED |
| Amount | ₹1,00,00,00,000 |
| Created | 09-03-2015 |
| Satisfied | 30-11-2021 |
| Assets | Pledge of approved securities- Mutual Fund |
| Charge ID | 10537639 |
| Holder | MILESTONE TRUSTEESHIP SERVICES PRIVATE LIMITED |
| Amount | ₹1,50,00,00,000 |
| Created | 26-11-2014 |
| Satisfied | 27-11-2017 |
| Assets | Immovable property or any interest therein; Book debts |
| Charge ID | 10414406 |
| Holder | IDBI TRUSTEESHIP SERVICES LIMITED |
| Amount | ₹25,00,00,000 |
| Created | 01-03-2013 |
| Satisfied | 01-07-2015 |
| Assets | Book debts |
| Charge ID | 100097446 |
| Holder | BAJAJ FINANCE LIMITED |
| Amount | ₹50,00,00,000 |
| Created | 21-03-2017 |
| Satisfied | 20-04-2024 |
| Assets | Pledge of Securities-Mutual Fund |
| Charge ID | 100196609 |
| Holder | BAJAJ FINANCE LIMITED |
| Amount | ₹50,00,00,000 |
| Created | 10-08-2018 |
| Satisfied | 18-09-2020 |
| Assets | Book debts |
| Charge ID | 100082644 |
| Holder | VISTRA ITCL (INDIA) LIMITED |
| Amount | ₹1,50,00,00,000 |
| Created | 02-02-2017 |
| Satisfied | 22-09-2020 |
| Assets | null |
| Charge ID | 10564684 |
| Holder | INDUSIND BANK LTD. |
| Amount | ₹75,00,00,000 |
| Created | 20-03-2015 |
| Satisfied | 26-10-2021 |
| Assets | null |
| Charge ID | 10565098 |
| Holder | ICICI BANK LIMITED |
| Amount | ₹20,00,00,000 |
| Created | 08-12-2014 |
| Satisfied | 29-08-2022 |
| Assets | null |
| Charge ID | 10503093 |
| Holder | HDFC BANK LIMITED |
| Amount | ₹4,50,00,00,000 |
| Created | 27-03-2014 |
| Satisfied | 04-08-2022 |
| Assets | Immovable property or any interest therein |
| Charge ID | 100427636 |
| Holder | BEACON TRUSTEESHIP LIMITED |
| Amount | ₹1,05,00,00,000 |
| Created | 01-02-2021 |
| Satisfied | 03-03-2023 |
| Assets | As per Deed of Hypothecation attached |
| Charge ID | 100577087 |
| Holder | KOTAK MAHINDRA BANK LIMITED |
| Amount | ₹3,50,00,00,000 |
| Created | 09-05-2022 |
| Satisfied | 15-04-2024 |
| Assets | Lien on Fixed Deposit |
| Charge ID | 100934790 |
| Holder | ICICI BANK LIMITED |
| Amount | ₹10,00,00,00,000 |
| Created | 30-05-2024 |
| Satisfied | 26-06-2024 |
| Assets | null |
Employee Trend (PF)
Monthly EPF contribution data showing employee headcount and wages paid.
| Month | Employee Count | Amount Paid (EPF) |
|---|---|---|
| SEP-22 | 6503 | ₹3,07,98,708 |
| OCT-22 | 6456 | ₹3,12,17,818 |
| NOV-22 | 6621 | ₹3,15,53,268 |
| DEC-22 | 6327 | ₹3,09,44,990 |
| JAN-23 | 6252 | ₹3,03,82,684 |
| FEB-23 | 6291 | ₹3,08,92,673 |
| MAR-23 | 6115 | ₹3,04,98,145 |
| APR-23 | 6424 | ₹3,31,52,757 |
About Motilal Oswal Financial Services Ltd
Motilal oswal financial services limited (CIN: L67190MH2005PLC153397) is a active public company incorporated on 2005-05-18, registered under ROC Mumbai. The company operates in the activities auxiliary to financial intermediation n.e.c. [this class includes activities of financial advisers, mortgage advisers and brokers, bureaux de change (foreign exchange services) etc.]. sector (NIC Code: 6719).
For financial year 2024, Motilal oswal financial services limited reported a total income of ₹45,96,70,00,000, placing it in the 500+ Crore INR revenue bracket .
The company has 12 current directors : SWANUBHUTI JAIN , MOTILAL GOPILAL OSWAL , AJAYKUMAR SREEDHARA MENON , DIVYA SAMEER MOMAYA , PANKAJ BHANSALI , RAJAT RAJGARHIA , KAILASH CHUNNILAL PUROHIT , SHALIBHADRA NAVINCHANDRA SHAH , RAAMDEO RAMGOPAL AGARAWAL , CHITRADURGA NARASIMHA MURTHY , CHANDRASHEKHAR ANANT KARNIK , NAVIN HARIPRASAD AGARWAL . 27 past directors are also on record.
Registered Address: Motilal Oswal Tower, Rahimtullah Sayani Opposite Parel ST Depot, Prabhadevi, Mum, NA, Mumbai, Maharashtra 400025, India