SPS, a fourth generation broking house & one of the pioneer members of Bombay Stock Exchange was founded in 1945, as a proprietary concern in equity broking. It was registered with Bombay Stock Exchange Ltd. under the trade name of Shri Pramod P. Shah, who is a dominant share holder of the company. When the membership of Bombay Stock Exchange Ltd. got converted into a Corporate Entity in late 90’s, SPS too became a corporate member of Bombay Stock Exchange Ltd. & National Stock Exchange of India Ltd. The leadership was then taken over by his young, dynamic son Shri Sandeep Pramod Shah.
Since its inception, SPS has sought to provide premium broking services & information which has helped us to add not only retail investors but also Institutional Investors, Corporate & High Net worth Individuals. Powered by the presence in national distribution capabilities, more than 6500 investors are served through 89 branches & franchisees across the country.
With an enviable distribution facility, SPS has now added another jewel in its already bejewelled crown. Ace Richesse (I) Pvt. Ltd. has joined hands for marketing of our retail broking business. ACE is a financial boutique offering a full range of financial services -institutional business, HNI client services, client fund management and retail distribution of Mutual Funds, IPOs/FPOs, Depository Services, Insurance and other Financial Services.
Although SPS’ specialization have been lying in servicing retail & HNI clients into equity broking, we have expanded our areas of services into Commodity Trading on Multi Commodity Exchange of India Ltd. (MCX) & National Commodity & Derivatives Exchange Ltd. (NCDEX) and Currency Futures on MCX-SX & NSE. We have also started strengthening our base for Mutual Fund Distribution, Initial Public Offers and Insurance through our branches & franchisee outlets. We will also be introducing Portfolio Management (PMS) and Investment Banking services in near future.
Success doesn’t just happen. It’s planned. It takes putting facts down to numbers before discerning & acknowledging achievements that are larger than life. Upon having the tools & knowledge to plan success, making it a reality is never a Herculean task. Capitalising on consistency, superior investment performance, professionalism and transparency, we are here to make a difference to the world of finance.