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SMIFS Limited

Attention Investors

As stated in the new circular from NSE, additional margins shall be made applicable for all equity derivatives in phases starting from 14th September 2018    |   Attention Investors: 1. KYC: 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.   |   2. Prevent Unauthorized Transactions in your Demat Account : Update your Mobile Number and Email address with your Depository Participant. Receive alerts on your Registered Mobile and Email address for all debit and other important transactions in your Demat Account directly from CDSL/ NSDL on the same day.... issued in the interest of investors.   |   3. Prevent Unauthorized Transactions in your Broking Account : For Stock Broking Transaction 'Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day...Issued in the interest of Investors.   |   4. "Rights & Obligations of Stock Broker and Client”: Uniform Risk Disclosure Documents (for all segments / exchanges) and Guidance Note detailing the Do’s and Don’ts for trading on exchanges in the vernacular languages are available on NSE website at and can be downloaded.   |   5. Caution towards unsolicited messages: Please Refer Exchange Circulars: BSE Notice 20171117-18 dated 17-11-2017, BSE Notice 20180515-39 dated 15-05-2018, NSE Circular- 0208/2017 dated, 17-11-2017 NSE Circular: 0080/2018 dated 15-05-2018. Beware about unsolicited messages and refer the List of symbols in which messages received, appearing on Exchange Website : and Investors should be cautious on unsolicited emails and SMS advising to buy, sell or hold securities and trade only on the basis of informed decision. Investors are advised to invest after conducting appropriate analysis of respective companies and not to blindly follow unfounded rumours, tips etc. Further, you are also requested to share your knowledge or evidence of unethical behaviour, systemic wrongdoing or potential frauds through the anonymous portal facility provided on BSE & NSE website.   |   6. IPO: No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign the application form to authorize you bank to make payment in case of allotment. No worries for refund as the money remain in investor's account.   |   7. “SMIFS Limited as a Broker does not guarantee any return on investment or trading as the return on Investment and/or trading are subject to Market Risk”.   |   8. SCORES: Filing complaints on SCORES - Easy & quick | a. Register on SCORES Portal | b. Mandatory details for filing Complaints on SCORES - Name, PAN, Address, Mobile Number, Email ID | c. Benefits - Effective Communication and Speedy Redressal of the Grievances. 9. a. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. | b. Update your mobile number & email Id with your Stock Broker/Depository Participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. | c. Pay 20% upfront margin of the transaction value to trade in cash market segment. | d. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. | e. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.     World Investor Week 2021 | November 22-28, 2021 | Investing with Knowledge – Way to Financial Independence



Who We Are..

SMIFS Limited, with a legacy since 1993, in its new avatar is promoted by Mr. Rahul Kayan under the guidance and able stewardship of Mr. Ajay Kayan & Mr. Utsav Parekh. We offer entire gamut of Financial Services like Brokerage (Equity, Commodity, Currency), Portfolio Management Services, Research & Advisory, Investment Banking, Depository & Repository and Distribution (Mutual Fund, IPO’s, FPO’s). We have pan India presence and our core strength lies in Research & Advisory Services, primarily catering to Institutional & Ultra HNI Clients with a professional team of analysts. We continuously strive to uphold our motto of Legacy, Growth and Trust.


Smart Research

Research is the backbone for outperformance in financial services products over a period of time. SMIFS Limited is among the originator of research based investment practices in India since the last three decades. A testimony to this is the fact that it has and continues to nurture one of the largest pool of leading global FII’s clients since the last two and half decades, whose criteria had always been good research. Read more
RESEARCH PHILOSOPHY Beginning with the entire universe of shares, the stock selection process undergoes several stringent filters. The bottom up approach includes extensive research on macro & micro factors, industry/sector fundamentals & trends and a thorough competitive analysis

Be a part of our Legacy, Trust & Growth Mission of Powering Your Wealth

We offer a low investment opportunity that requires you to capitalise on your networking strength and knowledge of the trade. We will equip with the best tools and products for excellent customer service across segments. With our extensive technology and branch support you can be more productive in your day to day business development activities. Our robust marketing support gives you extensive backing to acquire new clients for a healthy and sustainable growth of your business. You just have to have a basic understanding of the market, have a substantial client base.

Entrepreneurs who chase a dream to grow big and flourish with a passion and capability to pursue the goals towards their dream. Customized offerings for servicing HNI clients. Achieve large scale business success with the entire product bouquet offered by SMIFS Limited.

Entrepreneurs desirous to set up their business at no capital cost and largely work independently. Start your own venture and leave it to us to support you with essential business requisites. We will provide the necessary infrastructure, technical and marketing support, operation backing & research, while you can back this whole system with your clients.

Those who would like to team up with us to cater to a wider range of clients and play a crucial part in the revenue pie.

Please provide us the details to get in touch with you



Registered Office:

5th Floor Vaibhav,4 Lee Road,
Kolkata – 700 020

Sandipan Chatterjee

+91 9748899161

branch office:

The Calcutta Stock Exchange , 7 Lyons Range ,
3rd Floor, Kolkata - 700 001

Shri Nihar Roy

+91 9836157580

branch office:

3B, Lalbazar Street, RNM House, 3rd Floor,
Kolkata - 700 001


Md. Ibrahim

branch office:

Room No - 403 & 404 , 4th Floor , Janpath Tower
Ashok Nagar, Bhubaneswar - 751009.

Shri Jiten Sahoo

+91 8270351950

branch office:

606/A, Ashiana Plaza, 6th Floor,
Budha Marg, Patna, Bihar – 800001

Shri Sumit Kumar

+91 8210242898

branch office:

914, 9th floor, Arunachal building
Barakhamba,CP, Delhi -110001

Shri Vikas Rastogi

+91 9811682961

branch office:

Office No. 04, A -1B, 3rd Floor, Sector – 16
Noida – 201301, Uttar Pradesh

Mr. Sharad Nigam, Regional Head – Sales

+91 9899361936

branch office:

Sky High Chamber Building Ground Floor ,
G - 06, Building No 1, 11/5,Park Road,
Hazratganj,Lucknow - 226001

Shri Shakti Sinha

+91 7905157292

branch office:

Office No -105,F.P.No 53,Shree Ganesh Chs,
Near Rajda School,TPS III, Shimpoli Cross Road,
No 2 , Borivali West , Mumbai - 400092.

Shri Vijay Shekhar

+91 7715929990

branch office:

206/207, 2nd Floor, Trade Centre Opp. MTNL,
Bandra Kurla Complex, Mumbai - 400 051

Shri Awanish Chandra

+91 8693822293

branch office:

Synergy Office Space, L29, Lower Ground Floor,
East Court Viman Nagar,
Pune - 411014

Raju Tiwari

+91 9987828375

branch office:

Pratibimba Apartment Office No - 201 ,
Plot No - 90, Road Mayur Colony.
Location - Kothrud , Pune - 411038.


Shri Pandurang Chavan

branch office:

Office No. 202 Second Floor, Timmy Arcade
Makwana Road, Marol Andheri East, Mumbai - 400059

Shri Vipin Singh

+91 9768636950

branch office:

No 30/1, The Pinnacle Unit No 302.
3rd Floor,Church street Bengaluru – 560001

Shri Dindayal Singh

+91 8660730441

branch office:

Near Greater Kailash hospital, Old Palasia,
Indore - 452001 (Madhya Pradesh.)

Shri Dharmendra Jaiswal

+91 78982 36075

branch office:

206/207, 2nd Floor, Trade Centre Opp. MTNL,
Bandra Kurla Complex, Mumbai - 400 051

Shri Awanish Chandra

+91 8693822293


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