Difference between revisions of "Samco Securities Ltd"
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− | [[wikipedia:Samco Securities]] | + | [[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]]. |
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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 == | ||
+ | Started as Samruddhi Stock Brokers Limited in 1993 by Vipul Jayantilal Modi, the company changed its moniker to Samco Securities Limited in May 2015. | ||
+ | |||
+ | The name Samco is a portmanteau of the words 'Samruddhi' and 'Company'. | ||
+ | |||
+ | == Business == | ||
+ | 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 == | ||
+ | |||
+ | * [[FundsIndia]] | ||
+ | * [[Scripbox]] | ||
+ | * [[Kuvera.in]] | ||
+ | |||
+ | == References == | ||
+ | {{Reflist}} |
Latest revision as of 13:27, 3 November 2022
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.
Jimeet Vipul Modi took the reins as the Group CEO of Samco Securities Limited in 2015.
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 SEBI registration number is INZ000002535. It acts as a mutual fund distributor and has AMFI Registration Number - 120121.
Contents
History[edit]
Started as Samruddhi Stock Brokers Limited in 1993 by Vipul Jayantilal Modi, the company changed its moniker to Samco Securities Limited in May 2015.
The name Samco is a portmanteau of the words 'Samruddhi' and 'Company'.
Business[edit]
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[1], StockBasket,[2] KyaTrade.[3][4] The company also launched India's first trading league called 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.[5]
In July 2021, the company received the final approval to float its Mutual Fund entity - The Samco Mutual Fund.[6]
See also[edit]
References[edit]
- ↑ "Samco Securities Keen To Make A Mark In Mutual Fund Ranking Space; Launches RankMF". Moneycontrol. Retrieved 2021-10-28.<templatestyles src="Module:Citation/CS1/styles.css"></templatestyles>
- ↑ "Samco Securities launches Stockbasket". The Economic Times. Retrieved 2021-10-28.<templatestyles src="Module:Citation/CS1/styles.css"></templatestyles>
- ↑ "Samco's KyaTrade Becomes India's First Trading & Recommendation App". www.outlookindia.com. Retrieved 2021-10-28.<templatestyles src="Module:Citation/CS1/styles.css"></templatestyles>
- ↑ Bureau, Our. "Samco launches KyaTrade app for retail investors". @businessline. Retrieved 2021-10-28.<templatestyles src="Module:Citation/CS1/styles.css"></templatestyles>
- ↑ "SAMCO launches country's first Indian Trading League". tennews.in: National News Portal - Breaking News, Live News, Delhi News, Noida News, National News, Politics, Business, Education, Medical, Films, Features. 2015-05-07. Retrieved 2021-10-28.<templatestyles src="Module:Citation/CS1/styles.css"></templatestyles>
- ↑ "Samco Securities Gets Final License To Launch Its Mutual Fund Business". Moneycontrol. Retrieved 2021-10-28.<templatestyles src="Module:Citation/CS1/styles.css"></templatestyles>
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