About Inventure Growth & Securities Limited (IGSL)

Inventure Growth & Securities Limited (IGSL) is a Mumbai-based diversified financial services company, incorporated on June 22, 1995. The company’s registered office is located at 201, Viraj Tower, Near Landmark Building, Western Express Highway, Andheri (E), Mumbai – 400069. IGSL was listed on August 4, 2011, and has since evolved into a comprehensive financial platform offering a wide range of services across capital markets and fund-based activities.

IGSL, along with its subsidiaries, provides stock and commodity broking, depository participant services, margin trading, financing and lending, wealth management, and merchant banking. It is registered with SEBI as a stock broker, research analyst, and investment adviser. The company is a member of BSE, NSE, MCX, NCDEX, and MSEI, and acts as a Depository Participant (DP) with CDSL.

Its service portfolio spans securities trading, derivatives (equity, commodity, and currency), mutual fund distribution, and proprietary trading, catering to both retail and institutional clients. The group’s operations are entirely domestic, with all activities conducted within India, eliminating the need for separate geographical reporting.

IGSL operates through six subsidiaries, enabling it to provide lending, merchant banking, insurance distribution, wealth management, real estate, and commodity trading solutions—creating a robust and integrated financial ecosystem.

Business Segments (FY 2024–25)

• Equity/Commodity Broking: ~60% of total revenue.
• Financing Activity: ~28% of total revenue.
• Others (including merchant banking, insurance, etc.): balance of total revenue.
  All operations were conducted within India, under uniform market conditions.

Key Management

• Kanji B. Rita – Chairman & Managing Director
• Kamlesh S. Limbachiya – Whole-Time Director
• Lasha Meet Rita – Director
• Arvind J. Gala – Chief Financial Officer
• Shikha A. Mishra – Company Secretary & Compliance Officer

Latest Updates (FY 2024–25)

1. Rights Issue for Capital Expansion

• The Board approved a rights issue on August 21, 2024, offering 2,10,00,000 shares at Rs 2.33 per share.
• IGSL successfully raised Rs 48.93 crore, with proceeds allocated toward arbitrage and trading, margin trading and F&O operations, working capital, and technology infrastructure upgrades.

2. Scheme of Arrangement

• On April 4, 2025, the Board approved a Scheme of Arrangement among Inventure Growth & Securities Limited (Demerged/Transferee Company) and five subsidiaries, with Inventure Wealth Management Limited as the Resulting Company.
• The application for prior approval under Regulation 37 was submitted to stock exchanges on April 30, 2025, and approval was pending at the time of reporting.

3. Segment Performance

• The company reiterated that over 60% of its revenue is derived from equity and commodity broking, and 28% from financing activity, consistent with its strategic focus on capital market operations and fund-based income streams.
• Segmental disclosures in the Management Discussion & Analysis (MD&A) include quarterly comparative data under categories:
  • Equity/Commodity Broking & Related Activities
  • Financing & Related Activities
  • Merchant Banking & Related Activities
  • Others

4. Operational Footprint

IGSL confirmed operations limited to India, with no overseas subsidiaries or branches conducting business abroad.