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Share India Securities institutes’ Merchant Banking division


Expects to capture a market share of 7% to 8% in 18 months

Share India Securities Ltd, a leading knowledge and technology driven financial services group, has commenced its merchant banking operations under Share India Capital Services which is 100% subsidiary of Share India Securities Ltd. The Company recently received a license of merchant banking from SEBI with a pure focus on the SME segment and providing the solution to the local companies who want to get listed on SME platforms of BSE and NSE.

Mr Abhinav Gupta, Head, Merchant Banking, Share India Capital Services said, Share India expects more than 200 SME companies to get listed in this financial year of 2019 and expects over 30% growth in FY2020. The Company’s main focus is North and Western India and expects to reach a market share of 7% to 8% by the end of financial year FY20. 70% participation on SME platforms is from the western part of India while in North India the equity culture is just beginning to take strong roots. Share India is the only merchant banker in the North having full-fledged set up to cater to the fund raising requirements of companies in Punjab, Chandigarh, Delhi, Haryana which have lot of potential for growth but are lacking behind than company’s in the West"

Mr Sachin Gupta, Managing Director, Share India Securities Ltd said, Share India got listed on BSE SME in October 2017 with a view that we wanted to build a company which can provide solutions to all the financial needs of a customer and cater to wide customer base. We are happy that today we are a full financial services group with merchant banking, mutual fund, broking, NBFC operations and expanding into commodity market trading among others”


About Share India Securities Ltd (www.shareindia.com)
 Share India Securities Ltd, a leading knowledge and technology driven financial services group, is engaged in the business of equity broking, investing and trading activities for the last 24 years and has now expanded its operation into mutual funds, NBFC, merchant banking and commodity markets. The Company became 200th SME Company to get listed on BSE SME Platform on 5th October 2017. The company script has been included in the BSE Group -1 securities by Bombay Stock Exchange.  The Company is in the process of establishing its presence in western and central India and is developing a distribution centre for various products offered by Share India to all the clients. The Company currently enjoys strong presence in North India with its business center in Uttar Pradesh, New Delhi, Rajasthan, Punjab and Haryana. Share India also has significant business operations in Maharashtra and Andhra Pradesh. The Company currently has a network of around 361 AP’s/Sub brokers registered with it spread all over India catering to the needs of our clients

The Company reported a remarkable financial performance for FY18 and the six months period ended 31 March 2018. The Company’s consolidated net profit for FY18 rose 92. 72% to Rs 15.35 crores compared to Rs 7.96 crores posted in FY17.  Company’s consolidated revenue grew 25.38% to Rs 133.30 crores compared to Rs 106.30 crore posted in FY17.

The Company has received many Awards and Recognitions some of them are, an award for appreciation for our contribution in the 1 crores Demat accounts opened by CDSL. Company has been accredited with certificate for being among the top performing members for the year 2015-16 in equity and equity derivatives segment of the National Stock Exchange of India Limited. Company has been accredited with certificate for being among the top performing members for the year 2015-16 in Currency derivative segment of the National Stock Exchange of India Limited. 

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