SENSEX

{{sensexData[0].price}} (+{{sensexData[0].change}}%)
SENSEX

{{sensexData[0].price}} ({{sensexData[0].change}}%)
NIFTY 50

{{niftyData[0].open_price}} (+{{niftyData[0].change}}%)
NIFTY 50

{{niftyData[0].open_price}} ({{niftyData[0].change}}%)
{{mcxData[2].symbol}}

{{mcxData[2].price}} (+{{mcxData[2].PerChange}}%)
{{mcxData[2].symbol}}

{{mcxData[2].price}} ({{mcxData[2].PerChange}}%)
{{mcxData[0].symbol}}

{{mcxData[0].price}} (+{{mcxData[0].PerChange}}%)
{{mcxData[0].symbol}}

{{mcxData[0].price}} ({{mcxData[0].PerChange}}%)
{{mcxData[1].symbol}}

{{mcxData[1].price}} (+{{mcxData[1].PerChange}}%)
{{mcxData[1].symbol}}

{{mcxData[1].price}} ({{mcxData[1].PerChange}}%)
{{mcxData[3].symbol}}

{{mcxData[3].price}} (+{{mcxData[3].PerChange}}%)
{{mcxData[3].symbol}}

{{mcxData[3].price}} ({{mcxData[3].PerChange}}%)

Relationships

Who We Are

VALUES &
VISION TEAM
TEAM TEAM OVERVIEW HISTORY GROUP
COMPANIES

OVERVIEW

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.

PAN INDIA LOCATIONS

EXTENSIVE PARTNERS & FRANCHISE NETWORK

CLIENTS WE SERVE ACROSS INDIA AND ABROAD

Values

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.
Holistic

Delivering a superior combination of holistic financial solutions.
Teamwork

We believe collaboration enhances capabilities and helps us add value to our offerings.

Vision

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.

GROUP COMPANIES & AFFILIATIONS

Magnum Equity Broking Ltd. (MEBL)

BSE - Cash & Derivatives Segments
NSE - Capital Market, Futures & Options and Currency Derivatives Segments
CDSL - Depository Participant
MCX - Commodity Derivatives Segment

Magnum FinMart Services Private Limited (MFSPL)

Distribution Services of IPO, NCDs, Bonds, Corporate FDs, Mutual Funds

Magnum History

1991

Laid the foundation of an emerging financial services hub with a sub-brokig firm

1994

NSE membership (Capital segment) as Trading Member

1997

BSE membership (Capital segment) as Trading Member

2000

BSE Corporate composite membership

Management team

Our inspirations and guides

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

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. 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. 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. Vijay B. Shah

He stands out from the crowd and led organizations in every aspect to become more client-focused. He is strategic point of contact for senior clients and establishes strong relationships. He also mentors and develops dealer teams and fosters knowledge-sharing across his team internally to ensure collaborative and informed client servicing.

OPEN DEMAT & TRADING ACCOUNT

Mandatory Dematerialization for Transfer of Securities, w.e.f 5th December 2018. Refer to SEBI notification number SEBI/LAD-NRO/GN/2018/24 dated June 08,2018. Update/Link your Aadhaar Number with your Demat Account by submitting a photocopy of Aadhaar card along with a request letter/Modification form. Prevent Unauthorised transactions in your account. Update your mobile numbers & email IDs with your stock brokers. Prevent unauthorized transactions in your trading account. Update your mobile numbers/email IDs with your stock brokers. Receive information/alerts of your transactions directly from Exchange on your mobile/email at the end of the day. Issued in the interest of investors.

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 on the same day. Issued in the interest of investors.

KYC is one time 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.

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorize your bank to make payment in case of allotment.

Filing Complaints on SCORES

Easy & quick.

Register on SCORES portal.
Provide mandatory details for filing complaints on SCORES like name, PAN, address, mobile number and email ID.
Benefits:
- Effective communication.
- Speedy redressal of grievances.

Dear Investor,

As you are aware, under the rapidly evolving dynamics of financial markets, it is crucial for investors to remain updated and well-informed about various aspects of investing in the securities market.

In this connection, please visit the BSE Investor Protection Fund Website where you will find useful educational material in the form of text and videos to help you become a well-informed investor.

We believe that an educated investor is a protected investor!

Risk Disclosure on Derivatives

9 out of 10 individual traders in the Equity Futures and Options Segment incurred net losses.
On average, loss-making traders registered a net trading loss of approximately ₹50,000.
In addition to the net trading losses incurred, loss-makers spent an additional 28% of their net trading losses on transaction costs.
Traders making net profits incurred transaction costs ranging from 15% to 50% of their profits.

Source:

SEBI Study dated January 25, 2023 – Analysis of Profit and Loss of Individual Traders dealing in Equity Futures and Options (F&O) Segment