BROKING FIRM AND CLEARING MEMBER OF BSE AND MSEI ALSO DEPOSITORY PARTICIPANT OF CDSL

SEBI REGN. NO.: INZ000275537 | CLG NO : 3041 BSE CLG NO :25200 MSEI
CMBPID : IN630416 | CDSL ID : 1204420000000720

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Introduction

Merfin Shares And stock broking Pvt Ltd is a dynamic and energetic broking firm, which facilitate's trading in BSE Cash and Derivative Segments, MSEI Currency Derivative Segments and Depository participant with CDSL. The company prides itself among the business circle with a prominent presence in the Indian capital market. The company provides a wide range of services to its clients and has earned the trust and reputation as a premier stock broking company. We have a large committed client base because of our commitment to deliver complete solution to our customer's.

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Market Cap
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User Accounts

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 refernce BSE/INSP/20200731-dated July 31,2020(Notice Number (bseindia.com) and BSE/INSP/20211012-54 dated Oct 12, 2021 Notice Number (bseindia.com) 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.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor’s account. ………. Issued in the interest of Investors”
    Note: Standard warning- “Investment in securities market are subject to market risks, read all the related documents carefully before investing”

Issued in the interest of investors:

Prevent Unauthorised transactions in your trading and Demat account.

Update your mobile numbers/email IDs with Merfin Shares And Stock Broking Pvt Ltd

  • For Stock Broking Transaction ‘Prevent unauthorised transactions in your account – update your mobile numbers/email IDs with your stockbrokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day.
  • For Depository Transaction ‘Prevent Unauthorized Transactions in your demat account – Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL/NSDL on the same day.
  • KYC is a onetime exercise while dealing in securities markets. Once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • For any kind of Grievance you may write to us at merfin3041@rediffmail.com

You can also register your complaint with

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 Rs. 50000.
  • 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”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.

Details Of Key Managerial Personnels

Name: Falguni C.Lotia
Designation: Director
Contact No: 022-25003589
Email Id: mayur24solanki@rediffmail.com
Name: Mayur Solanki
Designation: Director/Compliance Officer
Contact No: 022-25005046
Email Id: mayur24solanki@rediffmail.com