Share India Securities Ltd approved the issuance of FCCBs up to USD 50 million
DSIJ Intelligence-1Categories: Multibaggers, Trending

The stock is up by 36 per cent from its 52-week low of Rs 127.70 per share and has given multibagger returns of 475 per cent in 5 years.
Share India Securities Limited has received shareholder approval to raise up to USD 50 Million (or its equivalent) through the issuance of Foreign Currency Convertible Bonds (FCCBs). The proposal was passed via a special resolution during the company's first Extra-Ordinary General Meeting for the 2025-26 financial year, held on December 17, 2025. This fundraising initiative, which may be executed in one or more tranches, complies with the SEBI Listing Regulations, with all voting results and scrutinizer reports already submitted to the relevant stock exchanges.
Additionally, Share India Securities Ltd. has successfully incorporated a new wholly owned subsidiary, Share India Wealth Multiplier Solutions Private Limited, following approvals from its Board of Directors at meetings held on October 29, 2024, and September 3, 2025. This incorporation, which includes investment by way of subscription to its equity share capital, formalises the company's planned expansion and operationalises the new entity under CIN: U66309UP2025PTC235957, as disclosed to the SEBI in compliance with Listing Obligations and Disclosure Requirements.
About the Company
Since its 1994 founding, Share India Securities Limited has transformed into a leading financial services conglomerate, shifting from primarily serving High-Net-Worth Individuals (HNIs) with sophisticated algo-trading solutions to rapidly growing its reach in the retail market as a fintech brokerage. Driven by a philosophy of transparency and honesty, the company has achieved a formidable market presence, consistently earning top rankings in the Indian Derivatives Market and demonstrating a robust financial standing with a net worth of over Rs 25.09 billion and an extensive network of clients and 275 branches/franchisees, cementing its position as a dynamic leader in India's evolving finance landscape.
H1FY26 saw its Total Revenue from Operations at Rs 682 crore and Profit After Tax (PAT) at Rs 178 crore, year-on-year decline of 21 per cent and 22 per cent respectively. The company demonstrated strong sequential growth. For Q2FY26 alone, PAT grew by 10 per cent quarter-on-quarter (QoQ) to Rs 93 crore, and EBITDA showed an even stronger 16 per cent QoQ rise to Rs 164 crore, signalling a recovery in the most recent quarter. Reflecting confidence in profitability, the Board declared a second interim dividend of Rs 0.40 per share. Operationally, the company showed significant traction, with the Broking business servicing 46,549 clients and maintaining an Average Daily Turnover of Rs 7,500 crore. The NBFC division reported a solid loan book of Rs 253 crore with healthy Net Interest Margins (NIMs) of 4.24 per cent, serving 43,770 clients.
Share India Securities has a market cap of Rs 3,700 crore. The stock has a PE of 14x whereas the sectoral PE is 21x and a ROE of 16 per cent. The stock is up by 36 per cent from its 52-week low of Rs 127.70 per share and has given multibagger returns of 475 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.