INDITRADE Capital Ltd formerly known as JRG Securities Ltd. is one of India’s leading financial services providers with strong presence in South India. It was incorporated in 1994 and over the years it acquired a name of trust through Equity and Commodity Broking businesses. Inditrade has undergone several transformations - expanding into new geographies, adopting state-of-the-art technology, strengthening credit and risk management systems, creating new products and strengthening client relationships through service focus. The company is committed to fully compliant with all regulatory compliances with the exchanges, SEBI, IRDA, FMC and RBI. Inditrade is listed on the Bombay Stock Exchange and has a diverse set of public shareholders.

As the company transforms itself to being a professionally run, high quality brokerage house in India, the focus is on providing best-in-class services to the customers. The new management team consists of high quality professional talent from within the company and from the marketplace. The company strives to attract and retain the best talent, which is amongst the key building blocks for the company. The new growth strategy has four key building blocks – Trust, Transparency, Technology and Talent.

The Company is a member of the National Stock Exchange of India (NSE), the Bombay Stock Exchange (BSE), the National Multi Commodity Exchange of India Ltd (NMCEIL), the National Commodities Derivatives Exchange Ltd (NCDEX), the Multi Commodity Exchange of India Ltd (MCX) and the Indian Pepper and Spices Trades Association (IPSTA). Inditrade is a full-fledged depository participant of the National Securities Depository Ltd and Central Depository Services (India) Limited. Besides these, it is also a leading Insurance Broker.

In order to expand its reach, Inditrade has launched its internet trading services through www.inditrade.com. The online services will provide customers an opportunity to trade from the comfort of their home or offices and also trade while traveling. Inditrade.com will empower customers to trade and invest in equities, commodities, currencies, mutual funds and insurance.

Our Commitment
We are a High Quality Financial Services Provider
We ensure a Delightful Customer Experience
We are a Dynamic, Motivated team with Product Expertise
We are Reliable Partners. Our dealings are Transparent
We invest in Long-term Partnerships with Stakeholders
We differentiate ourselves Providers of Smart Solutions

Vision & startegy

Brand Vision

“Empowering The Investor in You” Inditrade provides a full array of financial products to you as per your needs through a customer-centric approach and technology-oriented solutions


“We aspire to become a pan India, full-services, brokerage house by enabling every Indian to invest and by facilitating financial decision-making. We endeavor to ensure that our customers have a delightful experience by partnering with us. We do this by equipping our customers with a full array of financial options, understanding their needs and priorities, and proving smart solutions to execute their plans. We commit to providing a superior execution platform to the customer by constantly investing and upgrading our service delivery channels, investing in cutting-edge technology, and having the most dynamic and motivated team on the ground, that is focused on enhancing the customers’ experience.”

our 4 pillar philosophy

our 4 pillar philosophy


Investors and top management team are of the highest pedigree with a demonstrated track record in the industry Professionally managed team with the highest standards of ethics Best-in-class compliance and risk management systems to ensure safety and data integrity More than 20 years experience in the financial services industry speaks by itself of our trust and integrity Our long-term relationships speak for our commitment to trust and integrity in our business dealings


Highest standards of corporate governance with well-constituted Board of Directors and Management Review Committees that closely participate and monitor business operations Transparency, disclosure norms and accountability are of paramount importance. We follow industry best practices Our commitment extends further than our customers, investors and stakeholders, as we focus on corporate social responsibility and aspire to institutionalize it


We believe that technology is one of the biggest differentiators in our business, and commit to investing continuously to ensure we deliver superior value to the customer Our new MPLS technology migration plan will accelerate execution multiple times and be of significant value to customers Our compliance and risk management systems are best-in-class and technologically enabled to manage risk Through technology, we ensure safety and efficiency of our business processes We have an innovative technology team that is delivers smart solutions and is core to our business strategy


We believe in a strong employee value proposition of “creating and sharing value” We have built the organization based on the philosophy of “professional entrepreneurship” We aim to attain the preferred employer status in our industry Our employees are our wealth creators and we reward them for their motivation We invest heavily in training our employees on a continuous basis to improve our quality delivery levels. We ensure that building learning and development solutions enhances employee value

inditrade group companies

inditrade group companies

Your search ends with us, the Inditrade Group, a leading financial and investment service company in India. From a modest beginning a decade back, Inditrade is today a power to reckon with in the financial services industry through the following Inditrade Group of Companies:

  • Inditrade Capital Ltd
  • JRG Fincorp Limited
  • Inditrade Business Consultants Ltd (Formerly known as JRG Business Investment Consultants Limited)
  • Inditrade Derivatives and Commodities Ltd (Formerly known as JRG Wealth Management Ltd)
  • Inditrade Insurance Broking Pvt Ltd(Formerly known as JRG Insurance Broking Pvt Ltd)

board of directors

brij gopal daga

Brij Gopal Daga is a Master of Commerce and has professional diplomas in Banking, Accountancy, Co-operation and Secretarial Practice. In a career spanning over more than four decades, Daga has acquired extensive knowledge in diverse fields like Finance, Investment, Capital and Securities Markets, Regulatory Compliances etc. and has served premier institutions like Reserve Bank of India (as Asst. Gen. Manager), Unit Trust of India (as Executive Director) and Central Depository Services (India) Ltd (as Managing Director). Daga has also served as Institutional Nominee on the Boards of several leading Companies and has also been member on committees appointed by Securities & Exchange Board of India.

k a somasekharan

K A Somasekharan is a Commerce and a law graduate and also holds AIII from Federation of Insurance Institute, Mumbai. He has got more than 50 years of experience in General Insurance sector. He was the Regional Manager of United India Insurance and the Executive Director and CEO of Reliance General Insurance Co. Under his leadership, Reliance General Insurance became the third largest private General Insurance Company. He was also the Principal Consultant of India First Life Insurance Company.

Jhuma Guha

Jhuma Guha is a qualified Chartered Accountant and a Company Secretary and has over 25 years of experience in the field of financial services. She has worked with various reputed companies like ITC Limited, Reliance Securities Limited, Destimoney Securities Private Limited, etc., and brings along with her varied experience and expertise in the field of legal, compliance, finance, mergers and acquisitions.

Gurmeet Singh

Gurmeet Singh has a Post Graduate Diploma in Management. He has more than 16 years of experience in the Capital and Commodities Market and has worked with reputed organisations like Baazee.com(eBay. in),ICICI Direct , Reliance ADAG Group and Destimoney Securities. He has rich experience in the field of Marketing, Sales, Business Development, etc., and also has proficiency in scaling up businesses.

key management

Anand Maliwal Chief digital officer

Anand is a business technologist with more than 16 years of experience in Banking & Financial Services. His experience is spread across a wide spectrum of technology functions across multiple geographies including India, Japan and UK. Anand has significant experience in the areas of managing core technology functions, deploying and rolling out programs, vendor management, technology outsourcing, multi-location team management and process consulting. He also has a sound understanding of newer programs in field of Mobility, Analytics and Cloud. His previous assignments include Destimoney Securities Pvt. Ltd., Networth Stock Broking, Cognizant Technology Solutions, Polaris Software Labs and India Infoline Ltd. In his present role as the Chief Digital Officer at Inditrade Capital Ltd., Anand is leading the digital transformation initiatives across the various group businesses

Naveen JainChief financial officer

Naveen is a member of the Institute of Chartered Accounts of India. He has a decade of experience across various financial verticals. Naveen’s previous assignments included Destimoney Securities Pvt. Ltd. and WWIL

Shyam SunderSr. Vice president - IT

Shyam has an overall experience of 17 years' in the financial sector. A Masters in IT, Shyam has global experience & expertise at designing & implemented customized capital market products across geographies such as Middle East, Africa and South Asia. Prior to joining Inditrade Capital, Shyam was associated with 3iInfotech as their Global Delivery Head for Capital Market Products.

Vinod MohanCompany secretary and head – legal & secretarial

Vinod is a qualified Company Secretary (FCS from ICSI). He is also a Masters in Business Administration & a Graduate in Law. He has over 13 years of experience and started his career with Asianet Satellite Communications Ltd. Prior to Inditrade, he was the Company Secretary with Kerala State Power & Infrastructure Finance Corporation Ltd.

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