| Broking | Stock, currency, and commodity trading services including internet and mobile platforms. | Strong exchange memberships, technological platforms, nationwide client base. | Retail and institutional investors (B2C and B2B). | Proprietary trading and high volume brokerage services. | 119 | 88 | Brokerage fees and transaction commissions. | Transaction-based fees and commissions. | Increasing market participation, digital trading platforms, and expanding client base. | Swastika Investmart |
| Merchant Banking Activities | IPO management, SME funding, portfolio management, investment advisory services. | Expertise in SME IPOs, established market reputation. | Corporates, SMEs, and investors (B2B and B2C). | IPO and advisory fees. | 16 | 12 | Fees from IPOs, advisory, portfolio management. | Fee-based service income. | SME IPO launches, advisory demand, capital market growth. | Swastika Merchant Banking |
