Summit Securities Limited Company Profile: Products, Promoters and Clients
Summit Securities Limited Company Description:
Summit Securities Limited, originally incorporated on January 30, 1997, as RPG Itochu Finance Limited, is a publicly listed Non-Banking Finance Company (NBFC) registered with the Reserve Bank of India. Following a scheme of arrangement effective March 31, 2009, Summit Securities took over the assets and liabilities of CHI Investments, Brabourne Enterprises, Octav Investments, and the erstwhile Summit Securities. The company now holds a diverse investment portfolio in both listed and unlisted companies. Its shares are listed on the National Stock Exchange of India Limited and BSE Limited.
Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at Sovrenn Education
Q1. What are the Product and service offerings of Summit Securities Limited?
Summit Securities Limited offers a range of financial services designed to meet the needs of individual and institutional investors. Below is an overview of their key offerings:
1- Equity and Stock Trading
The company allows clients to buy and sell shares on domestic and international stock exchanges. The company provides competitive brokerage services and an easy-to-use online trading platform with real-time data and efficient order execution, helping investors make informed decisions.
2- Investment Advisory Services
Summit offers expert advice on investment planning, portfolio management, asset allocation, and risk management. Their team helps clients identify suitable investments based on their financial goals, market conditions, and risk tolerance.
3- Mutual Fund Distribution
They distribute mutual funds from top Indian fund houses, offering equity and debt fund options. They provide personalized investment advice based on clients' goals and risk appetite and offer Systematic Investment Plans (SIPs) to encourage regular investing.
Finding multibagger stocks is important for building wealth. Discover potential multibaggers at Sovrenn Discovery
4- Derivatives Trading
Summit provides services for trading options and future contracts. Investors can trade on various assets like stocks, commodities, and indices, allowing them to profit from both rising and falling markets.
5- Commodity Trading
Summit offers trading in various commodities, including precious metals (gold, silver), agricultural products, and energy commodities like crude oil. This helps investors diversify and hedge against inflation.
6- IPO and Bond Services
Summit provides access to Initial Public Offerings (IPOs) for investing in newly listed companies and also offers bond investments for clients seeking stable, fixed-income returns. They help clients navigate the subscription process and bond investment options.
7- Portfolio Management Services (PMS)
The company offers personalized Portfolio Management Services for high-net-worth individuals and institutional investors. These services are designed to maximize returns while managing risks based on clients' specific financial goals.
Also Read: Rulka Electricals Ltd Company Profile: Products, Promoters and Clients
8- Wealth Management
Summit offers comprehensive wealth management services, including investment, tax, estate, and retirement planning. They help affluent individuals and families build, protect, and transfer wealth to ensure long-term financial security.
9- Research and Market Insights
Summit provides regular research reports and market insights on equities, commodities, and economic trends. These insights are available through emails, online platforms, and mobile apps, helping investors stay updated and make informed investment decisions.
Q2. Who are the Promoters/Management of Summit Securities Limited?
Parasmal Rakhecha - Chief Financial Officer
Prem Kapil - Independent Non-Executive Director
Ramesh D. Chandak - Chairman (Non-Executive & Independent Director)
Q3. Who are the Clients of the company?
Summit Securities Ltd is a non-deposit-taking NBFC registered with the RBI, engaged in investing in shares and securities.
Also Read: JSW Holdings Ltd Company Profile: Products, Promoters and Clients
Written By: Khush Kothari