Safal Capital (India) Limited, a subsidiary of MPSE Securities Limited has been acquired by Swastika Investmart Ltd. Safal Partners is a consulting firm delivering world-class services and solutions to education and workforce clients.
Swastika procured all necessary consents and approvals and signed definitive agreements to acquire clients.
Swastika Investmart’s goal is to grow into a full-service brokerage firm that offers comprehensive consulting services to its clients under one roof. Stock brokerage NSE & BSE Equities & Derivatives are among the company’s offerings. NCDEX and MCX commodities trade CDSL provides depository services. Portfolio management and investment advice are two services that we offer. Investments in Mutual Funds and Fixed Deposits Initial Public Offering (IPO) and IPO funding are two terms that are used interchangeably. Advice based on technical analysis and research. Trading using the Internet.
Swastika has a countrywide network and is handled by a team of over 250 skilled employees. Swastika Investmart, a corporate member of all of the major stock and commodities exchanges, offers the greatest value for money through individualized services while adhering to the highest levels of corporate governance, transparency, responsibility, and integrity in all of its operations.
Swastika’s stock research team, technological platform, compliance, and customer support service would be available to Safal Capital customers, according to a press release.
This deal will increase the brokerage firm’s customer base by about 5%. Customers of Safal Capital, on the other hand, will benefit from Swastika’s stock research team, technological platform, compliance, and customer support service.
Following the stock exchange’s de-recognition, all of the stock exchange’s operations were transferred to Safal Capital (India) Limited, which was founded in March 2000 in Ahmedabad (Gujarat).
Safal Capital is a member of the NSE, BSE, MCX, ICEX, NCDEX, and MSE. The firm is also a Central Depository of India Limited Depository Participant (CDSL). There are about 16,000 retail customers and 120 sub-brokers.