SEBI Reg. INZ000256637BSE Clg 0262NSE Clg 11859

Call 022 2272 1926

In the media

Two published accounts of the firm's history, with the key points written out in text.

Pen-and-ink engraving of stacked ledgers, an open ledger, a quill and a sealed certificate
  • Cover of the Yug Vandana special issue on the Bombay Stock Exchange, 2018, with a bull statue and the exchange entrance

    July 2018

    Yug Vandana: memory of 143 years of the BSE

    A special issue of the Gujarati weekly marking 143 years of the Bombay Stock Exchange. It carries an English article on Harjivandas Nemidas Securities, reprinted with the permission of the Stock Exchange authorities.

    Key points of the article

    • The founder, Mr. Nemidas Hemchand, came to Mumbai from Saurashtra in 1878 at the age of 25.
    • He acquired his stock exchange membership card for just Rs. 5, and is counted among the founder members of the exchange.
    • His son, Mr. Harjivandas, was brought into the business. After Mr. Harjivandas died in 1918, his successor, Mr. Pranjivandas, toured the US and European stock markets and met the heads of several international exchanges.
    • The article names Mr. Prasann Broker and Mr. Jayant Broker as the fourth generation, and Mr. Udayan Broker and Mr. Kartik Broker as the fifth.
    • It describes the firm's in-house equity research, which in 2018 produced a weekly company report and a weekly review of the global economy, and dealing in both equity and debt.

    Read the original article (PDF, 1.5 MB, 3 pages, scanned)

  • Cleaned scan of the cover of an old issue of the Federal Observer, showing two photographs of Bombay Stock Exchange buildings

    Undated clipping

    Federal Observer: the firm in its early decades

    A page from an old Bombay business journal profiling the firm under its original name, Manmohandas Nemidas & Co. The events it describes run up to 1935.

    Key points of the article

    • The firm was founded in 1878 by Seth Nemidas Hemchand, born in 1853, who came down to Bombay at 25 and bought his card for Rs. 5, the price in those days.
    • His son Seth Harjivandas Nemidas, born in 1878, ran the business after 1910 and died in 1918.
    • The article lists the partners who represented the firm over the years, including Seth Pranjivandas Harjivandas Nemidas, whose father's card was transferred to him in 1932.
    • It carries portraits of the founder, of Seth Harjivandas Nemidas, of Seth Pranjivandas H. Nemidas and of other partners of the period.

    Read the original clipping (PDF, 4.0 MB, 3 pages, scanned)

The two PDFs are scans of printed pages, so they cannot be read by screen readers. The key points above give their content in text. If you need a fuller transcription, write to admin@hnspl.com.