Samco Securities Ltd
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
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[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
References
- ↑ "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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