Modern Shares & Stockbrokers Ltd. (MSSL), originally established as Modern Home Credit & Capital Limited in 1939, is a public limited company since 1970, primarily engaged in stock broking. The company has diversified its operations to include fund-based activities such as investments, inter-corporate deposits, bills discounting, leasing, and loan syndication. MSSL's services have expanded to encompass leasing, hire purchase, and equity investments, alongside venturing into merchant banking.
MSSL's retail broking business caters to both Indian and Non-Resident Indian investors, offering dealer-assisted trade execution and access to all IPOs. The company provides services for purchasing and selling securities, including equity and derivatives instruments listed on the National Stock Exchange of India Ltd (NSEIL) and the Bombay Stock Exchange (BSE), at competitive rates. Additionally, MSSL assists clients in navigating the complex mutual funds market, offering various fund options such as sectoral, index, tax plan, growth, and money market funds.
