Vipul Sanghvi

Systematix Shares & Stocks (India) Ltd. is the securities brokerage subsidiary of Systematix Group in India. Headquartered in Mumbai, the firm provides broking services to an array of clients such as Foreign Institutional Investors, Domestic Financial Institutions, Insurance Companies, Bank Treasuries, Corporates, Corporate Treasuries, Promoters, Ultra HNIs, HNIs and retail investors.

Religare Capital Markets Ltd. (Broker) (RCM Broker) is the brokerage division of Religare Capital Markets Ltd., which is ultimately held by Raligare Enterprises Ltd. (NSE: RELIGARE). The firm is headquartered in Mumbai and was founded in 2011. RCM Broker provides brokerage services and equity research to their clients.