About Us


Driving growth through insights and expertise

At Magnum, we come with an understanding of the intricacies of the market that we have garnered over two and a half decades. This experience has helped us drive growth for a multitude of clients. Our customer-centric approach is at the heart of building lasting relationships. Through our uncomprmised customer focus, expertise and profound understanding of the markets, we partner you in your long-term growth.

about Us

Group Companies & Affiliations

Magnum Fincom Broking Pvt. Ltd. (MFBPL)

NCDEX - Commodity Segment MCX - Commodity Segment

Magnum Equity Broking Ltd. (MEBL)

BSE - Capital Segment BSE - Derivative Segment

Maniput Investment Private Limited (MIPL)

NSE - Capital Segment NSE - Derivative Segment
CDSL - Depository Services MCX-SX - Currency Segment

Magnum Wealth Management Pvt. Ltd. (MWMPL)

PSE - Capital Segment


Integrity:By adhering to ethics and righteousness in all our operations, we earn the trust of our client
Excellence: We aim for excellence in our services and offerings to create customer delight
Innovation: It is our constant endeavour to set new benchmarks in innovation which helps us build growth
Teamwork: We believe collaboration enhances capabilities and helps us add value to our offerings


Become one of India’s most trusted and respected financial solutions providers by helping our clients raise their potential of growth and building long-term relationships.
2014 CDSL insurance Repository Limited(CIRL) membership (Currency Derivative Segment)
2013 MCX-SX membership (Currency Derivative Segment)
2009Fixed Asset Class added in product basket
2008MCX-SX membership (Capital Market & Derivative Segment)
2005BSE membership (Derivative Segment)
MCX membership
2004NCDEX membership
2003Depository participant of Central Depository Services Limited (CDSL)
2002NSE membership (Derivative Segment)
2000BSE composite corporate membership
1997BSE membership (Capital Segment)
1994NSE membership (Capital Segment) as Trading Member
1991Laid the foundation of an emerging financial services hub with a sub-brokig firm

Management team

Magnum is led by an industry-renowned team of experts with combined experience of over 100 years. The Management Team at Magnum is responsible for driving the culture of customer-centricity within the organisation. They live by and promote the organisational values of Integrity, Excellence, Innovation and Teamwork; which has helped the organisation earn the trust and respect of its clients.

Mr. Dhiraj L. Shah

Mr. Dhiraj L. Shah

Having been a part of the industry for over 30 years, Mr. Shah has an understanding of the business like very few do. He has experienced the market from various perspectives at different stages of his career - from starting as a Tax Consultant in 1983 to becoming a Chartered Accountant in 1989, and taking up the Portfolio Advisor’s role in 1990.

Mr. Ramesh D. Dedhia

Mr. Ramesh D. Dedhia

With more than 25 years in the industry, Mr. Dedhia has gained a unique perspective of the markets that helps the organisation offer better market insights to clients. He started in 1980 as a Tax Consultant, and has been a practising Chartered Accountant & Financial Consultant since 1987.

Mr. Jiten J. Chheda

Mr. Jiten J. Chheda

Mr. Chheda is an astute mind with sharp market acumen. His in-depth experience in share trading, investments & dealing spanning more than 25 years goes a long way in helping the organisation drive growth for clients.

Mr. Sanjay B. Vora

Mr. Sanjay B. Vora

Mr. Vora brings to the table over 20 years of experience in share trading, investments & dealing. Through his experience, he has acquired an ability to forecast trends in the market which helps the organisation develop robust investment strategies for clients.

Mr. Hemant Chheda

Mr. Hemant Chheda

Mr. Hemant Chheda brings to the table his sharp market acumen and entrepreneurial skills which have been assets to the organization. In his role as Director of Magnum Group, he brings clarity of thought and purpose which has helped the organization stand strong against numerous challenges and achieve its success.

Mr. Jayesh R. Dedhia

Mr. Jayesh R. Dedhia

Mr. Dedhia holds an experience of over 20 years in share trading, investments & dealing during which he has proven himself as a true leader. He leads the team at Magnum by constantly setting examples of customer-focussed business operations.

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Registered Office Address:

D-30,Empire Mahal,806,Dr.B.A Road, Kodadad Circle,Dadar T.T,Mumbai - 400 014,

registration nos :

Magnum Equity Broking Ltd. : NSE SEBI Regn. No. INZ000172031. Member. ID: 06529 BSE SEBI Regn. No. INB & INF 011123552 .Clearing No.: 0126 MCX-SX SEBI Regn.No. INE 260652939 .Member. ID: 82200 CDSL SEBI Regn. No. IN-DP-CDSL-201-2003. DP ID: 12029700

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