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| − | [[wikipedia:Samco Securities]] is an Indian [[financial services]] company that provides platforms for trading and investment in the [[Indian stock market]]. Founded in 2015, the company is headquartered in [[Mumbai]] and also has operations in [[Chennai]] and [[Ahmedabad]]. | + | [[wikipedia:Samco Securities]] |
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| − | Jimeet Vipul Modi took the reins as the Group CEO of Samco Securities Limited in 2015.
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| − | The company is registered with the [[National Stock Exchange of India]], [[Bombay Stock Exchange]] and [[MCX Stock Exchange]]. The company identification number (CIN) is U67120MH2004PLC146183 and [[Securities and Exchange Board of India|SEBI]] registration number is INZ000002535. It acts as a mutual fund distributor and has [[Association of Mutual Funds of India|AMFI]] Registration Number - 120121.
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| − | == History ==
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| − | Started as Samruddhi Stock Brokers Limited in 1993 by Vipul Jayantilal Modi, the company changed its moniker to Samco Securities Limited in May 2015.
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| − | The name Samco is a portmanteau of the words 'Samruddhi' and 'Company'.
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| − | == Business ==
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| − | Samco Securities is a subsidiary entity of Samco Ventures Private Limited. The parent company of Samco Ventures Limited has 4 subsidiary entities operating under it - RankMF<ref>{{Cite web|title=Samco Securities Keen To Make A Mark In Mutual Fund Ranking Space; Launches RankMF|url=https://www.moneycontrol.com/news/business/mutual-funds/samco-securities-keen-to-make-a-mark-in-mutual-fund-ranking-space-launches-rankmf-3230241.html|access-date=2021-10-28|website=Moneycontrol|language=en}}</ref>, StockBasket,<ref>{{Cite news|title=Samco Securities launches Stockbasket|work=The Economic Times|url=https://economictimes.indiatimes.com/markets/stocks/news/samco-securities-launches-stockbasket/articleshow/71423287.cms?from=mdr|access-date=2021-10-28}}</ref> KyaTrade.<ref>{{Cite web|title=Samco’s KyaTrade Becomes India’s First Trading & Recommendation App|url=https://www.outlookindia.com/outlookmoney/apps/samcos-kyatrade-becomes-indias-first-trading-recommendation-app-7724|access-date=2021-10-28|website=www.outlookindia.com|language=en}}</ref><ref>{{Cite web|last=Bureau|first=Our|title=Samco launches KyaTrade app for retail investors|url=https://www.thehindubusinessline.com/markets/stock-markets/samco-launches-kyatrade-app-for-retail-investors/article34830860.ece|access-date=2021-10-28|website=@businessline|language=en}}</ref> The company also launched India's first trading league called [[Indian Trading League|The Indian Trading League (ITL)]] on 19th May, 2015, which attracted a Series-A funding of $3 million from investors like [[Kapil Dev]], Siddharth Mehta of Bay Capital.<ref>{{Cite web|date=2015-05-07|title=SAMCO launches country's first Indian Trading League|url=https://tennews.in/samco-launches-countrys-first-indian-trading-league/|access-date=2021-10-28|website=tennews.in: National News Portal - Breaking News, Live News, Delhi News, Noida News, National News, Politics, Business, Education, Medical, Films, Features|language=en-US}}</ref>
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| − | In July 2021, the company received the final approval to float its Mutual Fund entity - The Samco Mutual Fund.<ref>{{Cite web|title=Samco Securities Gets Final License To Launch Its Mutual Fund Business|url=https://www.moneycontrol.com/news/business/personal-finance/samco-securities-gets-final-license-to-launch-its-mutual-fund-business-7277801.html|access-date=2021-10-28|website=Moneycontrol|language=en}}</ref>
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| − | == See also ==
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| − | * [[FundsIndia]]
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| − | * [[Scripbox]]
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| − | * [[Kuvera.in]]
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| − | == References ==
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| − | {{Reflist}}
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