| Broking Services | Equity and derivatives trading, IPO access, dealer-assisted trade execution for retail and NRI investors. | Established client base, regulatory compliance, and NSE/BSE memberships. | Primarily retail Indian and NRI investors (B2C). | Proprietary trading and IPO access services. | 1 | 82 | Brokerage commissions and transaction fees. | Competitive brokerage fees per transaction. | Increased retail participation, improved market sentiment, and ease of access to online trading. | Modern Shares Brokerage |
| Proprietary Trading | Trading on own account in equities and derivatives. | Experienced trading desk with market insights and risk controls. | Internal trading operations (not external customers). | Quick turnaround trades and derivatives. | 0 | 2 | Profits from market making and trading activities. | Market-driven trading profits. | Market volatility and trading opportunities. | Modern Shares Proprietary Desk |
