Mrs. Ranjan Broker
Managing Director
Stock Broking · SME Market Making · Fundraising · Research
Dalal Street, since 1878.
A founder member of the Bombay Stock Exchange, a member of the NSE, and still run by the family that started it. Today our sixth generation serves institutions, corporates, family offices and high net worth investors, and helps growing companies raise funds and list.
- SEBI registration, stock broker
- INZ000256637
- SEBI registration, research analyst
- INH000010584
- BSE clearing no.
- 0262
- NSE clearing no.
- 11859
Institutions, corporates and family offices
Our relationships with institutions go back more than four decades, and they have lasted because the service has not changed. A dedicated sales, dealing and research team gives institutions and corporates bespoke attention, and sees that every trade is carried out seamlessly and executed impeccably.
HNI and retail investors
Senior dealers with more than two decades of experience watch your positions closely and execute your trades on time, every time.
Companies planning an IPO
Whether you are listing on the SME platform or the Main Board, we advise companies before the IPO and liaise with leading merchant bankers, who manage the issue. As registered market makers on the NSE and BSE SME platforms, we provide the market making SEBI requires for three years after an SME listing, and we help companies prepare for the step to listing.
Existing clients
Investor charters, complaints data, collateral disclosures, e-voting links and the steps to make a complaint are all in one place.
Attention investors
- Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
- Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
- Pay 20% upfront margin of the transaction value to trade in cash market segment.
- Investors may please refer to the Exchange’s Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.
- Check your Securities / MF / Bonds in the consolidated account statement issued by NSDL/CDSL every month.
Issued in the interest of investors.
Keep your details up to date
Please update your mobile number and email ID with HNSPL. Prevent unauthorised transactions in your account: you will receive information about your transactions directly from the Exchange on your mobile and email at the end of the day.
Risk disclosures on derivatives
- 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
- On an average, loss makers registered net trading loss close to ₹ 50,000.
- Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
- Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Source: SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”. SEBI requires every stock broker to display these disclosures. Read more.
What we do
Our work rests on the trust of clients across more than a century. Whether you need a broker you can rely on to buy and sell securities, or a partner for your company's next chapter, we are here to help.
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Equity Stock Broking
Experienced dealers, backed by research and modern technology, execute your equity trades with care and on time.
Institutional
A dedicated sales, dealing and research team gives institutions and corporates bespoke service, on relationships that go back more than four decades.
Retail and HNI
Senior dealers with more than two decades of experience watch your positions closely and execute your trades on time.
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SME Market Making
Registered market makers on the NSE and BSE SME platforms. SEBI requires at least three years of market making after listing. We provide it, and we help companies prepare for the listing itself.
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Fundraising
Equity or debt, we help entrepreneurs raise money for their businesses, working with specialists who connect companies to private equity and venture capital funds.
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Research Desk
A SEBI registered research analyst (INH000010584), led by our Head of Research. Read the terms and charter for research clients.
Six generations at work, since 1878.
HNSPL traces its inception to 1878. As a founder member of the Bombay Stock Exchange, the firm has operated for more than 140 years, and it is also a member of the National Stock Exchange. Read our history and vision
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1878
Founded
The firm is founded as Manmohandas Nemidas & Co. and becomes one of the founder members of the Bombay Stock Exchange.
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1960
Fourth generation
Prasanna Broker joins as a fourth-generation entrepreneur and takes the firm to new heights. HNSPL is empanelled as a broker with FIIs and DIIs.
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2016
SME market making
HNSPL starts market making for SME companies.
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2018
Fundraising
HNSPL helps a company raise funds and list on the exchange.
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Today
Sixth generation
The sixth generation takes the firm forward, bringing modern tools, including AI, into research and day-to-day operations.
- 140+Years of operation
- 6Generations of management
- 25+Corporate clients
- 2Exchanges: BSE and NSE
Our relationships
Relationships that outlast market cycles.
Most of our institutional relationships go back more than four decades. They have outlasted market cycles because a dedicated sales, dealing and research team has held to one standard throughout: seamless service and impeccable execution.
Leadership
The directors who lead HNSPL today.
Mr. Udayan Broker
Director · Fifth generation
Mr. Kartik Broker
Director · Fifth generation
Mr. Tanish Broker
Director · Sixth generation
Is your company planning an IPO?
Whether you are heading for the SME platform or the Main Board, talk to us about preparing for the IPO, working with leading merchant bankers and, on the SME platform, market making for three years after listing.
Contact us
Call the equity sales team, visit either office, or write to us by email.
Corporate Office
1201, 12th Floor, Stock Exchange TowersDalal Street, Fort
Mumbai 400001
- Telephone
- 022 2272 1926, 022 2272 1301
- Fax
- 022 4014 1074
Registered Office
G12/13, HiLife Mall, P. M. RoadNext to Santacruz station (W)
Mumbai 400054
- Telephone
- 022 4974 4891, 022 4974 4892
- Fax
- 022 2272 1926
Call or write to us
Equity sales team, corporate office
- General and retail enquiries
- admin@hnspl.com
- SME, fund raising and institutional desk
- tanish.broker@hnspl.in