Mideast Portfolio Management Limited, initially established as Mideast Consultancy Private Limited in 1991, is a public company offering investment services primarily for Non-Resident Indians (NRIs). The company transitioned to a public limited entity in 1993 and specializes in IPOs, Demat services, and stock broking. It boasts a substantial client base, with over 1,500 NRI/ex-NRI equity shareholders and more than 700 NRIs granting power of attorney for managing their financial accounts in India.
With a robust presence in regions like Oman, UAE, Saudi Arabia, and beyond, Mideast Portfolio Management has serviced over 10,000 NRI clients worldwide. It has facilitated equity placements and External Commercial Borrowings (ECBs) for over 300 Indian companies. Although it previously operated a wind farm and provided consultancy for wind projects, the company exited the wind power generation sector in 2014 after selling its projects in Tamil Nadu.
