Mukesh Brokerage & Financial (India) Ltd.

Mukesh Brokerage & Financial (India) Ltd.

Corporate Profile

 The company is a member of The National Stock Exchange, India (NSE) & The Bombay Stock Exchange of India (BSE), the premier stock exchanges of India.

The Company was incorporated in July 1993 and today we are one of the foremost broking entities catering specifically to the Indian Financial Institutions, Foreign Institutional Investors, Banks and a large number of retail investors. Put together we effectively provide value-based services to all our investors.

The strength of Mukesh Brokerage & Financial (India) Ltd. is its expertise in sharing of research in equities.

History

Mukesh Brokerage & Financial (India) Ltd. has been a member of The National Stock Exchange, India since 1993.

Over the years, the company has performed exceedingly well which is reflected by the leap in the turnover figures.

Mukesh Brokerage & Financial (India) Ltd.

Since 1993

The Management

Directors & Promoters

At present Directors are Shri. Pankaj J. Shah  (B. com),

Shri. Jitendra J. Shah (B. Sc.)  &  Shri Tejas Shroff

Mr. Pankaj J. Shah

Directors & Promoters

Mr. Pankaj Jayantilal Shah, a successful businessman residing at 4-43, Jaldarshan, opp. Priyadarshini Park, Nepean Sea Road, Mumbai – 400 036. He is B.Com and the Chairman & Mg. Director of Mukesh Brokerage & Financial (I) Ltd. a SEBI registered Share & stock Broking firm, Member of The National Stock Exchange of India. Previously promoters of “Sovereign Securities Ltd.” (H. J. Choksi). He is having 21 years experience of Share & Stock Broking.

Mr. Jitendra J. Shah

Directors & Promoters

Mr. Jitendra Jayantilal Shah, is B.Sc. from University of Bombay in 1971, a successful businessman residing at 9,Park View, 12, Little Gibbs Road, Malabar Hill, Mumbai – 400 006.He aged 59 Date of Birth 07/07/1950 the Director of Mukesh Brokerage & Financial (I) Ltd. a SEBI registered Share & stock Broking firm, Member of The National Stock Exchange of India.

Previously promoters of Sovereign Securities Ltd (H.J. Choksi). He is having more then 23 years experience of Share & Stock Broking.

Team

Tejas Shroff

B.com. (DIRECTOR)

Institutional Desk -FPI

Having Share market experience above 10 years handling FPI (FII’s).

Mahendra D. Shinde

Dealer

Institutional Desk -DII

Having Share market experience above 20 years handling DII’s.

Means of Communication and Trading

NEAT PLUS

We do our trades using NEAT PLUS

E-Mails

All the reports and alerts are to the clients on their e-mails on a regular basis.

Services

Stock Broking & Trading

Derivatives Trading

Technical analysis

MUKESH BROKERAGE & FINANCIAL (I) LTD. UPSTREAM BANK ACCOUNT DETAILS

Account No.

00600340007679

RTGS/NEFT IFSC : HDFC0000060

Nomenclature of Bank Account

Mukesh Brokerage & Financial (I) Ltd.- USCNBA Account

 

CIRCULAR NSE/INSP/55402

Investors are requested to note that Stock Broker (Mukesh Brokerage & Financial (I) LTD.) is permitted to receive money from investor through designated bank accounts only named as Up streaming Client Nodal Bank Account (USCNBA). Stock Broker (Mukesh Brokerage & Financial (I) LTD.) is also required to disclose the USCNB accounts to Stock Exchange. Hence, you are requested to use following USCNB accounts only for the purpose of dealings in your trading account with us. The details of these USCNB accounts are also displayed by Stock Exchanges on their website under “Know/Locate your Stock Broker.”

Accordingly, the provision of Exchage Circular NSE/INSP/55402 dated January 27, 2023 shall stabd modified to this extent with effect from September 1, 2023.

Mandatory display of stock Broker

Stock Broker Name: Mukesh Brokerage & Financial (I) Ltd.

Registration Number: INZ000268232

Registered Address: 102/C, Mittal Tower, 210, Nariman Point, Mumbai – 400021.

Branch Address (if any): N.A.

Contact Number: 022-66691600

Email id: mbfl@rediffmail.com

Details of Customer care:

Contact Person: Vijay Salvi

Address: 102/C, Mittal Tower, 210, Nariman Point, Mumbai – 400021.

Contact No: 9867864266

Email Id: mbfl@rediffmail.com

Details of Head of Customer care:

Contact Person: Ameet Pawskar

Address: 102/C, Mittal Tower, 210, Nariman Point, Mumbai – 400021.

Contact No: 9892792285

Email Id: mbfl@rediffmail.com

Details of Compliance Officer:

Contact Person: Jayesh Shah

Address: 102/C, Mittal Tower, 210, Nariman Point, Mumbai – 400021.

Contact No: 9324571240

Email Id: jayesh@mbfil.com

Name of the Individual: Sharad Doshi

Designation: Accounts

Mobile Number: 8169610354

Email Id: sharad@mbfil.com

Name of the Individual: Vijay Varma

Designation: Back office operation

Mobile Number: 9967779638

Email Id: vijay@mbfil.com

Name of the Individual: Jayesh Shah

Designation: Compliance officer

Mobile Number: 9324571240

Email Id: jayesh@mbfil.com

Contact Us

Get In Touch

 The company is a member of The National Stock Exchange, India (NSE) & The Bombay Stock Exchange of India (BSE), the premier stock exchanges of India

Address:

102/C, Mittal Tower, 210, Nariman Point, Mumbai – 400 021.

Contact Deatils

Tel: 022-66691600

Write an email

mbfl@rediffmail.com

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Risk disclosures on derivatives


Risk disclosure in the Equity Futures & Options segment aims to inform individual traders about the inherent risks involved in trading these derivative instruments. By disclosing these risks, regulatory bodies such as SEBI seek to ensure that traders are fully aware of the nature of these instruments and the challenges they pose.

● 9 out of 10 individual traders in the Equity Futures and Options Segment, incurred net losses.

● On average, loss makers registered net trading losses 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 costs.

Source: SEBI Circular