What we do Modern Shares & Stockbrokers Ltd is a Mumbai-based stockbroking firm primarily engaged in retail broking, proprietary trading, and merchant banking services. |
Founded in 1,939 |
Market share Well-established niche player in Indian stockbroking with focus on retail and NRI clients. |
Problem solved Facilitates individual investors to trade and invest in equities, derivatives, IPOs, and mutual funds with expert support. |
Top clients or who we serve Retail and NRI investors, offering services in equity and derivatives trading on NSE and BSE, mutual funds. |
Key management - |
Our journey and innovations Established in 1939, became public in 1970; expanded from broking to leasing, hire purchase, and merchant banking. |
Where we operate Primarily India, focusing on Mumbai-based clientele with NSE and BSE market access. |
Top products or what we offer Brokerage services for equity and derivatives, proprietary trading, mutual funds investment advisory, merchant banking. |
Top brands Modern Shares & Stockbrokers Ltd (flagship brand in retail broking and trading). |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is largely cyclical, tied to stock market activity and trading volumes. |
Our industry position Niche player in Indian retail broking with steady presence on NSE/BSE, supported by proprietary trading ventures. |
Financial highlights FY 2025 revenue approximately Rs. 3.71 crore; net profit Rs. 0.22 crore; modest growth amid market fluctuations. |
Geographical revenue split Revenue mainly derived from Mumbai and broader Indian markets. |
Order book - |
Whats driving growth Market recovery, renewed foreign institutional investor interest, and diversified financial services offerings. |
Our future plans Focus on expanding retail broking services and strengthening proprietary trading capabilities. |
Our green promise - |
Our people and values 18 employees focusing on compliance, ethical trading, and client satisfaction. |
Key challenges ahead Market volatility, foreign institutional investor behavior, regulatory changes, competition in brokerage space. |
Interesting facts Over 85 years of operation, one of the oldest brokerage firms in Mumbai. |
Risks and strategy Mitigation includes risk management policy, diversification into various financial services, and compliance with regulatory norms. |
