What we do Shardul Securities Ltd is an investment banking and financial services company specializing in equity, debt, merchant banking, IPO funding, advisory, and broking activities in India. |
Founded in 1,985 |
Market share Established with significant presence as an NBFC and SEBI-registered merchant banker with NSE membership, noted for investment and broking services. |
Problem solved Provides investment solutions, capital market advisory, and facilitation for IPO funding and broking to retail and institutional investors. |
Top clients or who we serve Serves retail and institutional clients across equity, debt markets, IPO financing, and advisory services; B2B and B2C focus. |
Key management Mr. Devesh Chaturvedi (Chairman), Mr. R Sundaresan (Executive Director & Vice Chairman), Mr. Yogendra Chaturvedi (Executive Director), Ms. Daya Bhalia (Executive Director & Company Secretary). |
Our journey and innovations Founded in 1985, went public in 1995, rebranded in 2003; expanded to commodity trading and broking through subsidiaries; continuously adapted business with market shifts. |
Where we operate Primarily operates in India, with a focus on capital markets and financial services across the country. |
Top products or what we offer Investment banking, merchant banking, IPO funding, equity and debt broking, advisory services, and commodity trading through subsidiaries. |
Top brands Shardul Securities Ltd (flagship), Shriyam Broking Intermediary Ltd (broking arm, showing robust growth). |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely cyclical, tied to market and investment banking activity fluctuations. |
Our industry position Recognized NBFC and SEBI-registered merchant banker with NSE membership, strong broking and advisory credentials in India. |
Financial highlights FY 2024-25 Revenue: Rs 62.63 Cr; Profit After Tax: Rs 32.99 Cr; Consol. net income from broking Rs 11.31 Cr; moderate growth amid market volatility. |
Geographical revenue split - |
Order book - |
Whats driving growth Growth driven by capital market activity, IPO funding demand, expanding broking operations, and improving domestic investment sentiment. |
Our future plans Focus on sustaining broking growth, expanding advisory services, monitoring market volatility, and increasing shareholder value. |
Our green promise - |
Our people and values Employs trained professionals maintaining ethical conduct with clear governance, compliance frameworks, and whistleblower policies. |
Key challenges ahead Market volatility, geopolitical tensions, interest rate changes, and regulatory risks impacting capital markets and investment banking. |
Interesting facts One of India’s early merchant bankers with over 35 years of corporate evolution and continuous diversification into new financial segments. |
Risks and strategy Market and interest rate risks mitigated by vigilant monitoring, diversification, and proactive internal controls ensuring operational resilience. |
