Sharekhan is the 5th largest retail brokerage firm in India in terms of customer base. Sharekhan is one of the pioneers of online trading in India. It offers a broad range of financial products and services including securities brokerage, mutual fund distribution, loan against shares, ESOP financing, IPO financing and wealth management.
Key Description of Sharekhan.com:
Founded: February 2000
Headquarters: Mumbai, India
Country of origin: India
CEO: Jaideep Arora
Industry: Financial Services
Parent: BNP Paribas
URL: Share khan
Sharekhan was founded by Mumbai-based entrepreneur Shripal Morakhia in 2000. Sharekhan pioneered the online retail brokerage industry and leveraged on the first wave of digitization, when dematerialization (demat) of securities came into effect and electronic trading was introduced in the stock exchanges.
In India, Sharekhan has 4800+ employees, and is present in over 575 cities through 153 branches, and more than 2,500 business partners. The company has 1.4 million customer base and on an average, executes more than 4 lakh trades per day.
Acquisition of Sharekhan by BNP Paribas
- Sharekhan is now a fully owned subsidiary of BNP Paribas, it was rebranded as Sharekhan by BNP Paribas.,
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