Siddha Ventures Ltd., originally IFB Securities Limited, is a public limited company established in November 1991, which rebranded to its current name in May 2007. The company primarily focuses on trading in shares and expanding investment activities. Initially promoted by IFB Industries and Bijon Nag, Siddha Ventures aimed to broaden its investment reach, leading to a public issue in December 1994 to fund increased investment exposure, NSE membership acquisition, and investments in associate companies.
Siddha Ventures holds a corporate membership with the Calcutta Stock Exchange and has a 65% stake in Cantor Capital Corporation, a NASDAQ member broker, enhancing its brokerage capabilities, particularly for US-based institutional investors. The company also acquired an OTCEI dealership in September 1995, further solidifying its position in the financial markets. These strategic moves have positioned Siddha Ventures as a significant player in the securities trading and brokerage space, catering to both domestic and international markets.
