Sugal & Damani Share Brokers Ltd, founded on May 7, 1993, is a significant player in India's financial services sector, focusing on share broking, depository participant activities, and portfolio management services. Initially launched as Sugal & Damani Finlease Ltd, the company underwent a name change in 2008 following the amalgamation of Sugal & Damani Share & Stock Brokers P. Ltd., Sugal & Damani Securities (Madras) P. Ltd., and Sugal & Damani (Chennai) Share Broking Ltd.
With its inception as a member of NSE India in 1995, the company has grown to become one of the top trading and clearing members in both NSE and BSE. It offers a comprehensive suite of services, including buying, selling, and dealing in shares and securities in secondary markets, investment advisory, and portfolio management. Additionally, Sugal & Damani engages in underwriting and broking for new issues, utilizing advanced trading technology and connectivity solutions.