Company Profile & Incorporation
Prayas Securities Private Limited, a member of the National Stock Exchange of India (NSE), operates actively in both the Cash as well as Future & Option (F&O) segments of the exchange.
The Company was incorporated with the primary object of carrying on the business of stock broking, with a specific, customer-centric emphasis on retail investors as well as high-net-worth individuals. Accordingly, the Company acquired membership in the cash segment of the National Stock Exchange and commenced full-scale commercial business operations.
With expanding volume and client demand for derivative hedging strategies, the Company subsequently acquired membership in the high-growth Futures & Options (F&O) segment of the NSE. Today, Prayas Securities proudly serves a diverse base of over 1,000 individual, high net worth, and corporate clientele across India.
Strategic BSE Partnership: SSPL Equity Stake
In order to cater to a wider spectrum of equities and institutional mandates, Prayas Securities acquired a strategic equity stake in M/s Sovereign Securities Private Limited (SSPL), member of the Bombay Stock Exchange (BSE).
SSPL possesses an established institutional track record and is empanelled with leading financial institutions and banks, significantly augmenting our operational reach across both premier Indian exchanges.
Multi-Year Growth & Turnover
In our very first year of operation within just 10 months, Prayas Securities achieved an unprecedented total turnover of ₹36.51 Billion across Cash and F&O segments. By March 31, 2005, turnover reached ₹52.34 Billion (a 43% growth), with net worth exceeding ₹60 Million.
Pioneering Statistical Forecasting
"We take pride in the fact that we are one of the very few brokerage firms in India who make the most sophisticated use of statistical and historical data models to forecast market directions."