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/10

SHARE MART

India|5-10 years|
Suspicious Scope of Business|High potential risk|

https://www.sharemart.co.in

Website

Rating Index

Contact

+91 0265 - 2354075
customercare@marketcreators.net
https://www.sharemart.co.in
70, Sampatrao Colony, Opp. Masonic Hall, Productivity Road, Vadodara - 390 007 Gujarat India

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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Warning: Low score, please stay away! 2
Previous Detection : 2024-07-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

SHARE MART · WikiFX Survey

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SHARE MART · Company Summary

General Information

MCL (MARKET CREATORS LIMITED) is a public limited company founded in 1991 with its headquarters and registered office in Vadodara. Dr. J. H. Shah and Mr. Rashmi Acharya, two notable Chartered Accountants, are the company's founding members.

MCL is traded on the Mumbai Stock Exchange.

The firm was approved by SEBI as a Category I Merchant Banker in its first year. Merchant Banker firm mobilized Rs. 10,272.00 Lacs in either capacity as LEAD MANAGERS or Co-Managers after acquiring Category I membership.

Currently, the firm offers Advice-Based Broking, E-Broking Services, Depository Services, Commodities Trading, and IPO and Mutual Fund Investment Advisory Services, and it plans to provide Portfolio Management Services (PMS) in the near future.

SEBI Common Reg. No. INZ000206338 MCX MEMBERSHIP ID:12535 MAPIN NO:10014845 CDSL : IN-DP-CDSL-291-2005

MERCHANT BANKING REGISTRATION NO : NM000011575

Account Type

This broker has four accounts available for their clients. The accounts are as follows:

FCNR

Foreign Currency Non-Resident Account. It is maintained in foreign Currency viz., US Dollar (USD), Pounds Sterling (GBP), Euro Currency (EUR) and Japanese Yen (JPY), but only as fixed deposits. The Principal and Interest earned thereon are repatriable.

NRE Bank Account

Non-Resident External Account. Maintained in Indian Rupees, both in the form of savings bank and fixed deposit. Principal and Interest earned thereon are repatriable.

Portfolio Investment Scheme (PIS)

This is similar to the NRE/NRO savings a/c. The NRI can trade in the secondary stock market with Repatriation (from NRE PIS a/c) and on non-repatriation basis. Demat a/c's can be opened with signatures of Power of Attorney(POA). So you can get a POA in your favour and open the Demat a/c.

How can NRI's Trade int he Indian Financial Market (NSE and BSE) ?

NRIs are permitted to invest in shares / convertible debentures of Indian companies, by Reserve Bank of India , under Portfolio Investment Scheme (PIS), in secondary market through a registered broker on a recognized Stock Exchange. Reserve Bank of India , vide A.P.(DIR Series) Circular No. 13 dated November 29, 2001 has prohibited OCBs to invest under PIS in India . Further, the OCBs that have already made investments under PIS have been allowed to continue to hold such shares / convertible debentures till such time these are sold on the stock exchange.

Investment Products

They offer a range of investment products and services made available to the client. The following investment opportunities are available:

- Equities

- Mutual Funds

- Deriviatives

- IPO

- Insurance

Customer Support

This broker does not offer customer support to their clients. They have a contact form for their clients to complete. They also have the following contact information.

Market Creators Limited.

“Creative Castle”

70, Sampatrao Colony,

Opp. Masonic Hall, Productivity Road,

Vadodara - 390 007 Gujarat India

Phone no. : 0265 - 2354075.

Fax : 0265 - 2340214.

E- Mail : customercare@marketcreators.net

Broker Information

Company Name

Market Creators Ltd.

Abbreviation

SHARE MART

Regulatory Status

No Regulation

Platform registered country and region

India

Company website
Phone of the company
  • +91 0265 - 2354075

Twitter

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Facebook

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Instagram

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YouTube

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Company address
  • 70, Sampatrao Colony, Opp. Masonic Hall, Productivity Road, Vadodara - 390 007 Gujarat India

Linkedin

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WhatsApp

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QQ

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WeChat

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Customer Service Email Address
  • customercare@marketcreators.net

Company Summary

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