About Geojit Financial Services Limited (Geojit)

Geojit Financial Services Limited (Geojit) is a leading Indian investment services company, originally founded in 1987 as a partnership by C. J. George and associates, and later incorporated in 1994. Initially focused on providing a technologically advanced trading platform for investors in Kerala, Geojit has since expanded its presence across India and the Gulf Cooperation Council (GCC) through a robust branch and franchise network. In 2007, BNP Paribas SA became a major shareholder, strengthening Geojit’s global capabilities. The company’s equity shares are listed on both the National Stock Exchange (NSE) and BSE Limited.

Today, Geojit serves over 15.2 lakh customers, powered by its proprietary digital platforms such as Flip, Smartfolios, and FundsGenie, offering a seamless investment experience.

The company’s service portfolio covers a comprehensive range of investment products, including online broking (equities, commodities, derivatives, and currency futures), custody accounts, financial product distribution, Private Wealth Services, Portfolio Management Services (PMS), margin funding, global investments, Smartfolios (curated stock baskets), financial planning, and NRI-focused services. Its phygital model, combining digital innovation with on-ground advisory, enables Geojit to deliver superior client servicing across segments.

Geographically, Geojit maintains a strong overseas presence with subsidiaries, an associate, and joint ventures in Oman, Kuwait, the United Arab Emirates, and Saudi Arabia, extending its footprint across Kuwait, Bahrain, the UAE, and Oman. Domestically, it operates over 500 offices across India.

As on March 31, 2025, customer assets under management and custody stood at Rs 1,00,065 crore, reflecting Geojit’s growing share of recurring-revenue pools across mutual funds, insurance, Private Wealth Services, and PMS. During FY 2024–25, the company added 1,38,563 new clients, underscoring its sustained growth momentum. Geojit employed 2,550 people as of March 31, 2025 (excluding trainees, casual, and contract staff).

The company has six subsidiaries as on March 31, 2025, and continues to operate through joint ventures and associates for its international businesses.

Key milestones in Geojit’s evolution include:

• Launch of India’s first internet trading platform (2000)
• Introduction of FlipMe, India’s first mobile trading app (2010)
• Establishment of Geojit IFSC at GIFT City for global investments
• Rollout of the FundsGenie mutual fund app
• Creation of the STEPS financial planning division
• Launch of Smartfolios, offering curated stock baskets
• Deployment of next-generation trading platforms such as Flip and Selfie
  These achievements reflect Geojit’s enduring focus on digital innovation and strategic partnerships, notably with BNP Paribas.

Business Segments 
Revenue mix for FY 2024–25:

• Equity & equity-related: 56%
• Financial Products & Geojit PMS: 32%
• Treasury Income: 8%
• Software: 2%
• Others: 2%

Geojit Key Management

• C. J. George – Chairman & Managing Director
• A. Balakrishnan – Executive Director
• Mini Nair – Chief Financial Officer
• Liju K. Johnson – Company Secretary

Latest Updates on Geojit Financial Services Limited

• Rights Issue: On October 30, 2024, Geojit allotted 3,98,57,413 equity shares of face value Re 1 each, aggregating to Rs 19,928.71 lakh, in the ratio of 1 Rights Equity Share for every 6 fully paid-up shares. The issue increased paid-up capital to Rs 27.90 crore.
• Business Reorganisation: On March 21, 2025, Geojit transferred its securities broking business and related activities as a going concern to its wholly owned subsidiary, Geojit Investments Limited, on a slump sale basis. These are classified as discontinued operations in standalone financials.
• Expansion to DIFC: Received in-principle approval to establish a joint venture at the Dubai International Financial Centre (DIFC), enabling services for High Net-worth NRI clients with dollar-denominated investment products.
• Product Launch: Introduced the Beacon Portfolio under PMS — a dynamic flexi-cap strategy complementing its existing Advantage, Dakshin, Freedom, and Ethical portfolios.
• Growth Momentum: Customer assets reached Rs 1,00,065 crore, with 1,38,563 new clients added in FY 2024–25, reflecting strong digital adoption and advisory strength.

Network Expansion: Plans to open 50 new branches in FY 2025–26, focusing on Tier II and Tier III cities, building upon its current network of 500+ offices across 20 states, 3 union territories, and the GCC region.