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Prime Securities Ltd

NSE: PRIMESECU BSE: 500337

₹278

(-1.89%)

Wed, 25 Feb 2026, 09:09 pm

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Company History

1966

  • The Company allotted 22,87,500 new equity shares and 66,00,000 equity warrants.

1982

  • The Company was incorporated in the name of Suvibha Investment Company Private Limited.

1984

  • The Company became a Public Company.

1990

  • The name of the Company was changed to Prime Securities Limited.

1994

  • The Company set up a joint venture with N.M. Rothschild Group.
  • The Company issued 1,20,000-12% unsecured non convertible debentures and 5,00,000-14.5% unsecured non-convertible debentures.
  • 55,00,000 equity shares were issued at a premium of Rs 91 per share through a prospectus.
  • 24,00,000 equity shares were allotted on exercise of warrants.
  • 22,87,500 equity shares were allotted on a preferential basis.

1995

  • The Asset Management side of the business was established with the launching of India fund in collaboration with N.M. Rothschild Group.

1996

  • The Company decided to discontinue the business of Forex Advisory services and closed down its Delhi and Bangalore offices.
  • The Company received an offer from Worldsec International Ltd. to invest US $5 Million in Prime Broking Company (India) Ltd.
  • Prime Broking Company (India) Ltd. and Prime Research & Advisory Ltd. became wholly-owned subsidiaries of the Company.
  • 7,50,000 new equity shares were allotted at a premium of Rs 30 per share to the holders of Equity Warrants.

1997

  • 750,000 equity shares were allotted to holders of Equity Warrants issued in 1996.

2002

  • Mr. Jaymant Gandhi resigned as Whole-Time Director of the Company.

2003

  • Mr. Nikhil Shah was appointed as a Whole-Time Director of the company.
  • Shareholders approved voluntary delisting of shares from Ahmedabad and Delhi Stock Exchanges.

2004

  • The Board approved a preferential issue of warrants.
  • The Company received confirmation of delisting of shares from The Delhi Stock Exchange Association Limited.

2007

  • The Company designated an e-mail ID for registering complaints by investors.

2008

  • Mr. R Ramachandran was inducted as a Whole-Time Director of the Company.

2011

  • The Registered Office of the Company was shifted to Ashford Centre, 7th Floor, Shankarrao Naram Marg, Opp. Peninsula Corporate Park, Lower Parel, Mumbai - 400013.

2014

  • The Board of Directors approved shifting of the Registered Office to Prime Securities Limited, 1109/1110, Maker Chamber V, Nariman Point, Mumbai - 400021.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800