SMIFS Limited, (in short “the Company/ SMIFS”) having Registered & Corporate office at
5th Floor, Vaibhav Building, 4, Lee Rd, Sreepally, Bhowanipore, Kolkata, West Bengal
700020 is regulated by the Securities and Exchange Board of India (“SEBI”) and is engaged
in the business of Stock Broking, Depository Services, Portfolio Management, Research
Services and Distribution of Financial Products and related allied activities for which
SMIFS is registered with various regulators. SMIFS Limited includes Subsidiaries, Group
and Associate Companies, Promoter, Directors, Employees and affiliates.
Stock Broking
SMIFS is a Trading Member of National Stock Exchange of India Limited (NSE); BSE Limited
(BSE), Metropolitan Stock Exchange of India Limited (MSEI), Multi Commodity of Exchange of
India Limited (MCX) and National Commodity and Derivatives Exchange Limited (NCDEX) with
SEBI Registration Number: INZ000220635.
Research Services
SMIFS is registered as a Research Analyst Entity. The Research Reports are prepared and
distributed by SMIFS in the capacity of a Research Analyst as per Regulation 19 & 22(1)
of SEBI (Research Analysts) Regulations 2014, having SEBI Registration Number –
INH300001474.
Depository Services
SMIFS is a Depository Participant of National Securities Depository Limited (NSDL) bearing
DP ID – IN301629 and Central Depository Services (India) Limited (CDSL) bearing DP ID –
12016000 with SEBI Registration Number IN-DP-414-2019.
Portfolio Management Services (PMS)
SMIFS is also registered as a Portfolio Manager with SEBI Registration Number INP000004623
and Research Analyst with SEBI Registration Number INH300001474.
Distribution
SMIFS is also registered with Association of Mutual Funds of India (AMFI) with ARN Code
3080 for the distribution of Mutual Fund Units of various reputed Asset Management
Companies and registered with Association of Portfolio Managers in India (APMI), having
APRN - APRN00855.
Subsidiaries
Stewart & Mackertich Commodities Limited is a subsidiary of SMIFS Limited and a Trading
Member of National Commodity and Derivatives Exchange Limited (NCDEX) with SEBI
Registration Number INZ000064332.
SMIFS Wealth Management Limited is also a subsidiary of SMIFS Limited, registered with the
Association of Portfolio Managers in India (APMI), having APRN – APRN APRN05659.
Detailed Disclaimer
You are requested to keep us updated at all times with your key KYC information such as
correspondence address, email address, mobile number, Aadhaar number, bank account
details, latest income details, etc. This will enable us to serve you better. Please be
aware of spam SMS, Email alerts and Calls from fraudsters and do not share your account
details with anyone.
Investments in the securities market are subject to market risks. Please read all related
documents carefully before making any investment decisions. This communication is intended
solely for informational purposes and should not be construed as investment advice for
the purchase or sale of any financial instrument. Any securities mentioned are provided
only as examples and do not constitute a recommendation
The contents herein shall not be considered as an invitation or persuasion to trade or
invest. SMIFS LIMITED and affiliates accept no liabilities for any loss or damage of any
kind arising out of any actions taken in reliance thereon. Please note that Brokerage
would not exceed the SEBI prescribed limit. SMIFS LIMITED acts in the capacity of
distributor for Products such as PMS, OFS, Mutual Funds, IPOs and/or NCD etc. All
disputes with respect to the distribution activity, would not have access to the Stock
Exchange(s) investor redressal forum or the Arbitration mechanism.
Disclaimer clause of SEBI
It is to be distinctly understood that filing of the issue document or issue related
documents to the Securities and Exchange Board of India (SEBI) should not in any way be
deemed or construed to mean that the same has been cleared or approved by SEBI. SEBI
does not take any responsibility either for the financial soundness of any scheme or the
project for which the issue is proposed to be made or for the correctness of the
statements made or opinions expressed in the issue document or issue related documents.
The lead manager(s), has certified that the disclosures made in the issue document or
issue related documents are generally adequate and are in conformity with the regulations.
This requirement is to facilitate investors to take an informed decision for making
investment in the proposed issue.
Disclaimer clause of RBI
It is distinctly understood that the issue document or issue related documents should not
in any way be deemed or construe to be approved or vetted by RBI. RBI does not accept
any responsibility or guarantee about the present position as to the financial soundness
of the issuer or for the correctness of any of the statements or representations made or
opinions expressed by the issuer and for discharge of liability by the issuer. The RBI
neither accepts any responsibility nor guarantee for the payment of any amount due to
any investor in respect of the proposed NCDs issue.
Investors should carefully review the offer document, including the terms and conditions,
before investing.The issuer's credit rating and financial stability may affect the value
and performance of the debentures. The information provided in this material is for
informational purposes only and should not be considered as financial advice.
Investors are advised to read the Risk Factors carefully before taking an investment
decision. For taking an investment decision, the investors must rely on their own
examination of the Issuer and the Issue including the risks involved.
This document has not been and will not be approved by any regulatory authority in India,
including the Securities and Exchange Board of India, the Reserve Bank of India or any
Stock Exchange in India.
SMIFS acts in the capacity of a distributor of AMCs under AMFI. Mutual Fund Investments
are subject to market risks. Please read all scheme-related documents carefully before
investing. Investment in the securities involves risks. The user is required to undergo
risk profiling before investing. Guided view is indicative in nature and is based on the
information provided by the user voluntarily. Each user of this information should make
such an investigation as it deems necessary to arrive at an independent evaluation of an
investment in the securities of companies referred here (including the merits and risks
involved) and should consult its own advisors to determine the merits and risks of such
investment. Past performance is not necessarily a guide to future performance.
Accounts for Trading and/or Demat and/or Portfolio Management and/or Research Services
etc. would be open after all procedure relating to client registration, IPV and client due
diligence is completed. Margin Trading facility is offered by SMIFS LIMITED in terms of
the provisions of SEBI Circular CIR/MRD/DP/54/2017 dated June 13, 2017, and the terms and
conditions mentioned in rights and obligations statement issued.
For any grievance relating to Stock Broking/ Depository Services Operations and/or PMS
and/or Research Service, please call 033- 4057 2625 / 18001231540 or write to helpdesk;
Email ID: helpdesk@smifs.com.
In absence of a response/complaint not addressed to your satisfaction, you may lodge a complaint with:
*Please quote your Service Ticket/Complaint Ref No. while raising your complaint at SEBI
SCORES portal In case of redressal of complaint, you should first approach SMIFS Limited.
SEBI also facilitates you to lodge your complaint online with SCORES. For filing
complaints with SEBI, Register on SCORES portal and provide mandatory details like Name,
PAN, Address, Mobile Number, Email ID. The said process is easy & quick with effective
communication and speedy redressal of the grievances.
For online dispute resolution platform-Smart ODR
Third-Party Products are not Exchange-Traded.
SMIFS Limited, only distributes and/or offers third-party products as a facilitator/
distributor. Disputes related to these products and its associated activities could NOT
be resolved through Stock Exchange Arbitration, SCORES, or the ODR platform.
The Third Party Products that are being offered are governed by its respective Regulated
Entity.
Clients are free to choose whether or not to avail themselves of third-party products.
There is no obligation or coercion of any kind to subscribe to or use these offerings.
No employee, associate, or agent of the broker is authorized to influence client
decisions regarding third-party products
For any query you may write to us at helpdesk@smifs.com or reach our Helpdesk Team on
+91 33 4057 2625/35/45 or 18001231540
Disclosures under the provisions of SEBI (Research Analysts) Regulations 2014
(Regulations)
The research reports are prepared and distributed by SMIFS LIMITED in the capacity of a
Research Analyst as per Regulation 22(1) of SEBI (Research Analysts) Regulations 2014.
Any documents/reports/research analysis available on the Website does not constitute an
offer or solicitation for the purchase or sale of any Security / financial instrument or
as an official confirmation of any transaction. SMIFS Limited or any of its Directors,
Employees, agents or representatives shall not be in any way responsible for any loss or
damage that may arise to any person from any inadvertent error in the information
contained in this report. The documents/reports/research analyses are provided for
assistance only and is not intended to be and must not alone be taken as the basis for
any decision. The user assumes the entire risk of any use made of this information. This
information is strictly confidential and is being furnished to you solely for your
information. This information should not be reproduced or redistributed or passed on
directly or indirectly in any form to any other person or published, copied, in whole or
in part, for any purpose. The distribution of documents/reports/research analysis in
certain jurisdictions may be restricted by law, and persons in whose possession this
document comes, should inform themselves about and observe, any such restrictions. The
information given in such documents/reports/research analysis is as of the date and time
of the documents/reports/research analysis and there can be no assurance that future
results or events will be consistent with this information. The information is subject to
change without any prior notice. SMIFS Limited or any of its Directors, Employees, agents
or representatives reserves the right to make modifications and alterations to this
statement as may be required from time to time. However, SMIFS Limited or any of its
Directors, Employees, agents or representatives is under no obligation to update or keep
the information current. Neither SMIFS Limited nor any of its affiliates, group
companies, directors, employees, agents or representatives shall be liable for any
damages whether direct, indirect, special or consequential including lost revenue or lost
profits that may arise from or in connection with the use of the information. For data
reference to any third party in this material no such party will assume any liability for
the same. All layout, design, original artwork, concepts and other Intellectual
Properties, remains the property and copyright of SMIFS Limited and may not be used in any
form or for any purpose whatsoever by any party without the express written permission of
the copyright holders.
Compliance Officer:
Sudipto Datta,
5F Vaibhav, 4 Lee Road, Kolkata 700020, West Bengal, India.
Contact No.: +91 33 4011 5414 / +91 33 6634 5414
Email Id.: compliance@smifs.com