About Saurin Investment Private Limited
Overview
Saurin Investment Private Limited operates the website saurinonline.com and is registered in the United States, though its physical address is in Ahmedabad, Gujarat, India. According to its official site, the firm has been active in stock broking since 1996, offering a variety of financial services to Indian investors. However, our records indicate a founding date of July 2019, creating a discrepancy that warrants caution.
Company Background
The broker presents itself as Saurin Investments Private Limited, with a registered address at 'SIPL House', 14, Bhagwan Nagar Tekro, Nr. Mahalaxmi Cross Road, Paldi, Ahmedabad - 380007, Gujarat, India. This address appears on their escalation matrix and compliance documents. The website emphasizes a heritage of trust and transparency, but independent verification of its claims is limited.
Regulation and Safety
Our records show that Saurin Investment Private Limited has no financial regulators on file. While the website references an investor charter and mentions NSDL for complaint escalation, there is no explicit statement of registration with Indian securities regulators such as SEBI or the RBI. This absence of clear regulatory oversight is a significant factor for potential clients.
Products and Services
The broker offers a range of products including equity trading, equity derivatives, currency derivatives, IPOs, mutual funds, sovereign gold bonds, and securities lending/borrowing. Notably, currency derivatives cover major pairs like USD/INR, EUR/INR, GBP/INR, and JPY/INR, but these are part of a broader stockbroking offering rather than a leveraged retail forex platform.
Account Types and Platforms
The website does not clearly specify account types or trading platforms. Downloads include individual trading account forms and demat account forms, suggesting a traditional brokerage setup. There is no mention of standard retail forex account tiers, spreads, or trading software like MetaTrader, indicating a focus on domestic Indian markets.
Funding and Fees
Information on funding methods, deposit requirements, and fee structures is not readily available on the site. The download section includes account opening forms that may contain details on charges, but we could not verify specific costs. Clients are advised to consult the broker directly for this information.
Target Audience
The broker appears to target Indian residents interested in stock market investments and derivative trading on domestic exchanges. It is not designed for international retail forex traders seeking high leverage or spot FX trading. The offering is typical of a regional Indian stockbroker with a long-standing local presence.
Overview compiled by FXCanary from regulatory records and public data. full Saurin Investment Private Limited review