It offers a broad range of financial products and services including securities brokerage, mutual fund distribution, loan against shares, Employee Stock Ownership Plan financing, IPO financing and wealth management.
[1] Sharekhan pioneered the Indian online retail brokerage 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.
[9] On November 28, 2024, Mirae Asset Financial Group announced the completion of its acquisition of Sharekhan, following the receipt of all required regulatory approvals.
With this acquisition, Sharekhan will continue to develop its business and activities, leveraging Mirae Asset's global expertise to enhance offerings and extend financial services to clients across India.
The integration of Mirae Asset’s international resources with Sharekhan’s established market position aims to create a comprehensive financial services platform catering to a diverse clientele.