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SHAREKHAN TIMELINE
ABOUT US
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Sharekhan is India’s leading online retail broking house. Launched on February 8, 2000 as an
online trading portal, Sharekhan has today a pan-India presence with over 1,529 outlets
serving 950,000 customers across 450 cities. It also has international presence through
its branches in the UAE and Oman. Sharekhan offers services like portfolio management,
trade execution in equities, futures & options, commodities, and distribution of mutual funds,
insurance and structured products. These services are backed by quality investment advice from
an experienced research team which offers investment and trading ideas based on fundamental and
technical research respectively, market related news, statistical information on equities,
commodities, mutual funds, IPOs and much more. Sharekhan is a member of the Bombay Stock
Exchange, the National Stock Exchange and the country’s two leading commodity exchanges,
the NCDEX and MCX. Sharekhan is also registered as a depository participant with National
Securities Depository and Central Depository Services.
Sharekhan has set category leadership through pioneering initiatives like Trade Tiger, an Internet-based
executable application that emulates a broker terminal besides providing information and tools relevant
to day traders. Its second initiative, First Step, is targeted at empowering the first-time investors.
Sharekhan has also set its global footprint through the “India First” initiative, a series of seminars
conducted by Sharekhan to help the non-resident Indians participate and benefit from the huge investment
opportunities in India.
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TOP MANAGEMENT
Mr. Tarun Shah
CEO, Sharekhan
A Science graduate from St. Xavier’s College, Mumbai, Tarun Shah started his professional life in sales and
marketing in a chemicals company. His hands-on approach and rich experience in sales led him to higher
challenges that the capital markets provided.
In 1987, Mr Shah joined SSKI, a brokerage firm with over five decades of legendary service to its
credit. The capital market at that time was undergoing a sea change in terms of character and SSKI
under the vision and guidance of Shripal Morakhia and the commitment and hard work of Mr Shah was able
to change and adopt the new business practices to achieve a significant growth in a competitive environment.
Since then SSKI has achieved growth in each of its businesses: Institutional broking, retail broking and
corporate Finance. Starting with the retail broking business of SSKI in Bombay and developing a sub-broker
network across the country, Mr Shah was also instrumental in successfully setting up the Institutional
Trading Desk of SSKI.
Accepting new challenges is a way of life for Mr Shah. To ensure that SSKI’s foray into retail
stock broking business through Sharekhan is as successful as every other venture of SSKI, Mr Shah
moved in to spearhead this new effort as the CEO of Sharekhan, the retail broking arm of SSKI.
Mr. Jaideep Arora
Director, Product Development
Jaideep Arora, completed his B.Tech from IIT (Kanpur) and
his PGDM from IIM, Kolkata.
He worked with ICICI for 8 years where his work spanned a gamut of functions, which
included project finance, equity sales and brokerage, investments etc. During his
tenure there he set up and headed the Institutional Equity Brokerage Desk at ICICI
Securities & Finance Co. Ltd.
Mr Arora joined Sharekhan in June 2000 as the head of the Product development division.
A year later he took over the reins of the online business of Sharekhan. At present
Mr Arora’s responsibilities include spearheading Sharekhan’s online foray as well as
its overall customer acquisition effort.
Mr. Shanker Vailaya
Director, Operations, Finance and Legal Functions
A graduate in Commerce from the University of Mangalore and an Associate of
The Member of the Institute of Chartered Accountants of India, Shankar Vailaya heads the operations,
finance and legal functions of Sharekhan. He is responsible for settlements, depository operations,
risk and compliance, regulatory and other legal commitments, and treasury.
Mr Vailaya has managed Sharekhan’s broking operations through the most turbulent times in the aftermath
of the securities scam in 1992 and successfully steered the company clear of a flurry of bad papers
that hit the market during 1994-95.
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