Algoquant Fintech Ltd

Algoquant Fintech Ltd Technicals

Algoquant Fintech Ltd Financials

Algoquant Fintech Ltd Shareholding Pattern

About Algoquant Fintech Ltd

Algoquant Fintech Limited was erstwhile incorporated as 'Hindustan Everest Tools Limited' on January 25, 1962. The Company name was changed to Algoquant Fintech Limited from Hindustan Everest Tools Limited on November 16, 2022. The Company is presently engaged in the business of trading in financial instruments effective from February 10, 2011. The Company is a wholly owned subsidiary of Algoquant Investment Private Limited. Initially, it engaged in the business of trading in metals, which discontinued effective from 01 April, 2021. The Company is in the business of Stock Broking having trading membership of National Stock Exchange of India Limited (NSE), Bombay Stock Exchange (BSE), Multi Commodity Exchange of India Ltd (MCX), Metropolitan Stock Exchange (MSEI), National Commodity & Derivatives Exchange Ltd. (NCDEX) (TM of NSE, BSE & MCX), self-clearing membership/clearing membership of NSE Clearing Limited (NCL), Indian Clearing Corporation Limited (ICCL) and Depository Participants registered with SEBI and having membership with CDSL, allied activities and inter alias is providing services like trading in equity & derivatives, commodities & currency. And also provides investment platform for mutual fund, IPO distribution, research, investor awareness & education. The Company faced an event of loss up to 2005-06 due to some internal and external reasons. Moreover the unprecedented power cuts even during winter months may affected the production of the company, to avo ...id this disturbance, Company hosted two power generators for uninterrupted power supply to our entire plant. In FY 2006-07, Company's management adopted one relentless effort to control consumption of all major inputs and increase in production efficiency. It gave good result to the company. HETL stands up from the loss to huge cash profit level. Company had discontinued its operation at its sole manufacturing plant at Sonepat and finally declared closure of the said Plant w.e.f 15 December, 2016. During FY 2017-18, Company monetized entire land of its plant along with plant machinery and stocks. From the realisation thereof, the Company paid off all its liabilities. In FY 2019-20, The erstwhile promoters sold their entire stake in the Company to Algoquant Financials LLP (Acquirer) on October 24, 2020, initiating a takeover process. The Company incorporated Wholly Owned Subsidiary on June 13, 2025 named 'Algoquant Global Securities Private Limited'. The Company has fully transitioned into a modern, tech-focused financial trading entity in 2025. During FY 2025-26, the Company implemented the Composite Scheme of Arrangement amongst Growth Securities Private Limited, Algoquant Investments Private Limited and the Company. Pursuant to the Scheme, the Stock Broking Business of Growth Securities Private Limited, along with its related clearing and self-clearing activities, was transferred to and integrated with the Company. Pursuant to the Scheme of Arrangement, the Company has issued Rs. 24,98,63,136 fully paid-up bonus equity shares of the face value of Rs. 1 each during the year 2025-26. The Company commenced operations as a Stock Broker and Self-Clearing/Clearing Member and Depository Participant activity during the period 2025-26, thereby further expanding the Company's presence across the capital-market ecosystem.

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