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Sharekhan

Sharekhan

Sharekhan is third largest retail brokerage in terms of customer base after ICICI Direct and HDFC Securities.[1] Sharekhan is one of the pioneers of online trading in India. It offers a broad range of financial products and services including securities brokerage, mutual fund distribution, loan against shares, ESOP financing, IPO financing and wealth management.

Sharekhan Ltd
FoundedFebruary 2000
HeadquartersMumbai,
India
Country of originIndia
CEOKiran kumar km
IndustryFinancial Services
ParentBNP Paribas
WebsiteSharekhan.com [8]

Background

Sharekhan was founded by Mumbai-based entrepreneur Shripal Morakhia in 2000.[2] Sharekhan pioneered the online retail broking industry and leveraged on the first wave of digitization, when dematerialization (demat) of securities came into effect and electronic trading was introduced in the stock exchanges.[3]

In India, Sharekhan has over 4800+ employees, and is present in over 575 cities through 153 branches, more than 2,500 business partners[4]. The company has 1.4 million customer base[5] and on an average, executes more than 4 lakh trades per day.

Acquisition of Sharekhan by BNP Paribas

Sharekhan is now a fully owned subsidiary of BNP Paribas, it was rebranded as Sharekhan by BNP Paribas.[6], [7]

References

[1]
Citation Linkprofit.ndtv.com"BNP To Invest Euro 70 Million In Sharekhan, Not To Exit Geojit". NDTV Profit.
Sep 25, 2019, 12:53 AM
[2]
Citation Linkwww.livemint.com"BNP Paribas completes acquisition of Sharekhan". Live Mint.
Sep 25, 2019, 12:53 AM
[3]
Citation Linkwww.thehindubusinessline.com"Sharekhan hopes to double customer base in next five years". The Hindu Business Line.
Sep 25, 2019, 12:53 AM
[4]
Citation Linkwww.dnaindia.com"Online broking firm Sharekhan faces hacking attempt at its IT systems". Daily News and Analysis. 5 April 2018. Retrieved 20 July 2018.
Sep 25, 2019, 12:53 AM
[5]
Citation Linkwww.thehindubusinessline.com"Sharekhan hopes to double customer base in next five years". The Hindu Business Line. Retrieved 20 July 2018.
Sep 25, 2019, 12:53 AM
[6]
Citation Linkwww.bloombergquint.com"BNP Paribas To Invest €70 Million In Sharekhan Over The Next 3 Years". Bloomberg Quint.
Sep 25, 2019, 12:53 AM
[7]
Citation Linkwww.investallign.in"Sharekhan 4th Largest Stock Broker in India ( UCC Data by NSE Exchange)".
Sep 25, 2019, 12:53 AM
[8]
Citation Linkwww.sharekhan.comSharekhan.com
Sep 25, 2019, 12:53 AM
[9]
Citation Linkprofit.ndtv.com"BNP To Invest Euro 70 Million In Sharekhan, Not To Exit Geojit"
Sep 25, 2019, 12:53 AM
[10]
Citation Linkwww.livemint.com"BNP Paribas completes acquisition of Sharekhan"
Sep 25, 2019, 12:53 AM
[11]
Citation Linkwww.thehindubusinessline.com"Sharekhan hopes to double customer base in next five years"
Sep 25, 2019, 12:53 AM
[12]
Citation Linkwww.dnaindia.com"Online broking firm Sharekhan faces hacking attempt at its IT systems"
Sep 25, 2019, 12:53 AM
[13]
Citation Linkwww.thehindubusinessline.com"Sharekhan hopes to double customer base in next five years"
Sep 25, 2019, 12:53 AM
[14]
Citation Linkwww.bloombergquint.com"BNP Paribas To Invest €70 Million In Sharekhan Over The Next 3 Years"
Sep 25, 2019, 12:53 AM
[15]
Citation Linkwww.investallign.in"Sharekhan 4th Largest Stock Broker in India ( UCC Data by NSE Exchange)"
Sep 25, 2019, 12:53 AM
[16]
Citation Linken.wikipedia.orgThe original version of this page is from Wikipedia, you can edit the page right here on Everipedia.Text is available under the Creative Commons Attribution-ShareAlike License.Additional terms may apply.See everipedia.org/everipedia-termsfor further details.Images/media credited individually (click the icon for details).
Sep 25, 2019, 12:53 AM