The offer comprises of a fresh issue of Up to 6,900,000 Equity Shares and an offer for sale of Up to 8,200,000 Equity Shares
FinTech BizNews Service
Mumbai, March 5, 2026: SHRENI SHARES LIMITED a SEBI registered Stock broking firm engaged in the business of Share Broking and Market Making Services filed its DRHP with SEBI.
The company is one of the leading players among the top 10 market makers in the SME exchange Eco-system in India and have cumulatively handled 37 mandates over FY2023–FY2025. (Source: D&B Report).
Bhavesh Himmatlal Shah, Hitesh Natvarlal Punjani and Nidhi Bhavesh Shah are the promoters of the company.
The offer comprises of a fresh issue of Up to 6,900,000 Equity Shares and an offer for sale of Up to 8,200,000 Equity Shares Equity Shares. The face value of each equity share is Rs10/-
The company proposes to utilise the Net Proceeds,
1. To meet working capital requirements;
2. Repayment or pre-payment, in full or part, of certain borrowings availed by the Company; and
3. General Corporate Purposes
The company provide broking services and Margin Trading Facilities to over 2620 clients. The capital market is a crucial segment of the financial system where long-term securities such as stocks, bonds, debentures, and derivatives are issued, bought, and sold. It provides a structured platform for companies to raise funds for business expansion, infrastructure development, and diversification of operations. By connecting investors with businesses seeking capital, the market efficiently channels savings into productive investments, supporting economic growth. (Source: D & B Report). As of December 31, 2025, the company offer broking services through (i) network of 8 branches spread across 7 cities in India; (ii) network of 6 Authorised Persons (i.e., agents appointed by the company after approval from the relevant stock exchange); and (iii) online and digital platforms.
The Equity Shares that will be offered through the Red Herring Prospectus are proposed to be listed on the Stock Exchanges, being the BSE Limited (“BSE”) and the National Stock Exchange of India Limited (“NSE”, and together with BSE, the “Stock Exchanges”).
Aryaman Financial Services Limited is the Book Running Lead Manager to the issue.
