
Hem Securities
Full-service financial firm for brokerage and investment banking.
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | N/A | Seed |
Total Funding | 000k |
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Hem Securities is a financial services provider headquartered in Jaipur, India, that offers a wide range of services including investment banking, stock brokerage, portfolio management, and mutual funds. The company was founded in 1981 as H.C. Jain & Co. by Hem Chand Jain, who also served as a Founder-Director of the Jaipur Stock Exchange. The firm became a member of the BSE in 1996 and has since expanded its memberships to include the NSE, MCX, and NCDEX.
The company's leadership includes Chairman Hem Chand Jain, and Directors Gaurav Jain and Prateek Jain. Gaurav Jain, a Chartered Accountant, previously worked at KPMG, while Prateek Jain holds a PGDBA from Narsee Monjee Institute of Management Studies. The firm operates through a network of over 300 business locations in more than 100 cities. Their business model includes direct client services and a sub-broker/franchise model, where partners can earn a revenue share. The firm's revenue is generated from brokerage fees, which are on a fixed per-order basis, and fees from its investment banking activities such as managing IPOs, mergers & acquisitions, and private equity placements.
Hem Securities serves a diverse client base that includes retail investors, high-net-worth individuals, and corporations. The company is a significant player in the SME IPO market and has received awards as a top-performing merchant banker. They offer an online, app-based trading platform called Hem Trade, alongside mutual fund and portfolio management services. The firm has made numerous investments, including in companies like Klassroom, Skippi, and BankSathi. They operate through several legal entities, including Hem Securities Limited, Hem Finlease Private Limited, and Hem Angels, their angel investment arm.
Keywords: investment banking, stock brokerage, portfolio management, SME IPO, merchant banking, equity capital markets, wealth management, financial services, demat account, online trading, mutual funds, derivatives trading, commodity trading, private equity, mergers and acquisitions, angel investing, corporate advisory, securities firm, financial advisory, investor relations