About Ganesh
Company Background
Ganesh (operating as Ganesh StockInvest) is an Indian stockbroker based in New Delhi. According to the company's website, the firm was founded in 1993 and has been serving investors for over three decades. However, corporate records indicate a founding date of July 3, 2019. The broker is registered with the Securities and Exchange Board of India (SEBI) as a stock broker with registration number INZ000191431, and is a member of the National Stock Exchange of India Ltd. Its registered address is 122, Vinoba Puri, Lajpat Nagar, Part II, New Delhi-110024.
Regulation and Oversight
Ganesh StockInvest is regulated by SEBI, India's securities market regulator. The broker also complies with the investor charter set by SEBI, which outlines its responsibilities towards clients. Despite this, our internal records do not list any regulators for the entity named 'Ganesh', which may reflect a naming inconsistency. Traders are advised to independently verify the broker's registration status through SEBI's official website.
Products and Services
The broker offers a range of services including equity and derivative trading, currency trading, initial public offerings (IPOs), mutual funds, and investment advisory. It also provides wealth management solutions that involve portfolio design and regular rebalancing alerts. The platform supports trading in Indian equities listed on BSE and NSE, as well as derivatives and currency futures.
Account Types and Platforms
Ganesh StockInvest offers trading and demat accounts with zero opening charges. Clients can access their accounts through a mobile application and a web-based back-office dashboard. The broker touts flexible brokerage plans to suit different trading volumes. The platform appears designed primarily for Indian retail investors and traders.
Funding and Withdrawals
Clients can fund their accounts via NEFT, RTGS, or IMPS transfers to designated bank accounts with Axis Bank, Kotak Mahindra Bank, and HDFC Bank. The broker discloses client bank accounts as required by stock exchanges. Fund transfers up to ₹10 lakh are accepted. Withdrawals are processed through settlement cycles typical of Indian stockbroking.
Target Audience
Ganesh StockInvest caters to Indian investors and traders looking to participate in the domestic stock market. Its services are tailored for retail clients, including beginners, as evidenced by educational content on the website. The broker does not appear to offer services to international clients or forex traders.
Overview compiled by FXCanary from regulatory records and public data. full Ganesh review