Swastika Investmart Ltd. – Company Report
1. Company Overview
Swastika Investmart Ltd., established in 1992, is a leading public financial services provider headquartered in Mumbai, with administrative operations in Indore, Madhya Pradesh. Promoted by Mr. Sunil Nyati of the Swastika Group (established 1959), the company is one of India’s few listed capital market intermediaries (BSE: 530585). Swastika has built a strong national footprint with 100+ owned branches and over 2,200 authorized business partners, serving more than 2.6 lakh clients.
The company combines deep market knowledge with digital-first innovation and a strong compliance framework. With over 900 employees, it offers diversified financial products and capital market services for retail, HNI, and institutional clients.
- Incorporated: 1992
- Headquarters: Mumbai, India; Admin Office: Indore, Madhya Pradesh
- Listed on: BSE (since 1995)
- Client Base: Over 2.59 lakh clients
- Branch Network: 100+ branches, 2,200+ authorized persons
- Employees: 900+
- Promoter: Sunil Nyati
- Certifications/Memberships: NSE, BSE, MCX, NCDEX, MCX-SX, CDSL, NSDL, SEBI Cat-I Merchant Banker, RBI-licensed NBFC
- Market Cap (Aug 2025): ~₹243 crore
- Awards: Recognized for excellence in broking, SME listings, and derivatives
2. Products and Services
Swastika Investmart offers a full suite of capital market, financial advisory, and investment products:
Capital Market Services
- Equity, Commodity, Currency, and Derivatives Broking
- Depository participant (CDSL/NSDL)
- Online and mobile trading platforms (Just Trade 2.0, goTradingo)
Investment & Merchant Banking
- IPOs, SME listings, M&A advisory, valuations, syndications
- SEBI-registered Category I Merchant Banker
Distribution of Financial Products
- Mutual funds, bonds, NCDs, FDs
- Life & general insurance (HelloPolicy.com)
- Loan distribution (LAP, LAS, personal & gold loans)
- National Pension System (NPS) facilitation
Digital & Fintech Solutions
- AI-powered trading and advisory tools
- Algo trading, digital onboarding, analytics-driven platforms
Research & Education
- Proprietary market research, daily reports, technical/fundamental coverage
- Professional finance education and training modules
Ancillary & SME Solutions
- SME IPO consulting and venture funding
- Personalized portfolio advisory and family wealth solutions
3. Recent News and Financial Performance
Business Developments:
Launch of Wealth Management Divison (November 2025) -
- Swastika Investmart announces the launch of Avisa Wealth, a new division dedicated to tech-enabled wealth management. Avisa Wealth will offer personalized, research-driven investment strategies to a diverse clientele, aiming to blend human expertise with digital intelligence for optimal transparency and performance.
Penalty from NSE for Operational Non-Compliance (November 2025) -
- Swastika Investmart Limited, an NSE member, has been penalized ₹1,50,000 by the National Stock Exchange for operational non-compliances identified in their internal audit report for October 2024 to March 2025. The irregularities include improper maintenance of logs for client account statements, missing pre-trade evidence, and allowing trading in a minor's account.
Launch of AI Wing (July 2025) –
- Swastika Investmart launched a dedicated Artificial Intelligence division to spearhead innovation in financial analytics, robo-advisory, and customer experience automation.
- Mr. Hariharan Iyer, an expert in predictive analytics and natural language processing, was appointed as Head of the AI Wing to lead product development and AI-led client solutions.
Sebi penalises Swastika Investmart (February 2023) -
- Sebi slapped a fine of ₹15 lakh on Swastika Investmart Ltd for misutilisation of clients' securities and funds. The order came after the Sebi conducted an inspection of Swastika Investmart Ltd (SIL) for a period from April 2020 to June 2021. In its order, the Securities and Exchange Board of India (Sebi) found that Swastika had misutilised the funds of its credit balance clients for the purpose of settlement/ margin obligations of debit balance clients.
Ongoing Enhancements:
- Expansion of mobile trading ecosystem
- Integration of smart analytics and client personalization features
- Broadened product basket for retail investors and family offices
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Revenue from Operations | ₹140.74 crore |
| Net Profit | ₹19.89 crore |
| EPS | ₹11.5 |
| Operating Margin | 25% |
| Net Profit Margin | 14.13% |
| Dividend Yield | 0.50% |
| Dividend Payout % | 5% |
| Debt Status | Nearly debt-free |