Our Services

With a team of resourceful & highly qualified experts, this desk helps our High Networth Clients, Family Office as well as Corporates manage their money through customised financial solutions.
Our portfolio management service is designed keeping in mind the needs of our High Net Worth customers. We offer complete end-to- end solutions for customers who are looking at maximizing their returns through expert fund management.
Our dedicated NRI desk addresses the various needs of our many NRI clients spread across the globe. We strive to provide comprehensive solutions through expert empirical advice and perspectives drawn from over five decades of customer service.
Our retail business is the backbone of our company. We emphasise on building steady, long-term relationships and are currently servicing over 20,000 registered clients throughout India, with the help of pan-india branches and widespread associates.
Since the past four decades, our Institutional Equity Desk has grown exponentially. Today, we are in business with every major financial institution, bank and mutual fund in India, along with a large number of Foreign Institutional Investors (FIIs). Our IED comprises of two functions – sales and dealing. The Institutional Equity Desk coordinates with our research department to provide world-class services to our customers.
The distribution desk mainly deals with distribution of third party investment products like Government & Corporate Bonds, Mutual Funds,IPO’s and other saving instruments. This desk in coordination with our wealth management team offers clients alternative products to help maximise returns.
We offer clients smooth, seamless, and paperless settlement of all trades and transactions.
Our Research caters to both Institutional and Retail Clients. We are an idea based research outfit and we follow a bottoms up approach. We have a team of six analysts, each specialising in different sectors.

    Our Corporate Profile

    Over the past five decades, since our establishment in 1961, Dalal & Broacha Stock Broking Pvt. Ltd. has provided impeccable financial solutions and services to a wide spectrum of customers with varied needs, ranging from equities and mutual funds; to wealth management and depository services. Our value added services include distribution of Mutual Funds, IPOs, and Portfolio Management Services.

    Over these five decades, we have evolved from an execution-focused team to integrated wealth managers. Our priority has been to facilitate corporate growth, by expanding our service portfolio to cater to ever evolving investor needs. We are currently handling over 20,000 clients, spread over retail, NRIs, corporates, banks, mutual funds, and FIIs.

    We are members of the Bombay Stock Exchange and the National Stock Exchange in the Cash and F&O segments. We are also Depository Participants with CDSL.

    For over five decades, we have successfully preserved our core philosophy, and we attribute all our achievements to our founding principles of Long Term Value investing, zero speculation, integrity and transparency in all our dealings.

    Dalal & Broacha has always followed a path of consistent and sustainable growth, adding milestones that realize value for the customer while strengthening our market presence.

    At Dalal & Broacha, we have preserved our core philosophy since our inception almost 50 years ago.
    It is embodied in the following principles:




    Nailesh Dalal comes with 35 years of experience in financial solutions. He has played a leading role in the firm’s retail and financial functioning. His strength lies in people management and understanding each individual’s needs; be it customers or employees.

    Vipul Dalal

    He has been responsible for building strong institutional relationships over the last 30 years for the organisation. The focus on institutional business increased after Vipul architected the approach, and we enjoy a coveted position amongst institutional buyers largely due to his efforts.

    Hriday Dalal

    The third generation family member to join the business. He leads the focus on business development as well as heads the firms corporate treasury desk. Hriday has been instrumental in establishing the NRI desk and PMS services for the organisation.

    Nilay Dalal

    Second of the third-generation family members attached to the business, has worked on various verticals of the business and now has set his focus on business development and maintaining client relationships.

    Rohan Dalal

    The youngest family member to join the business, plays an important role in strengthening the firm’s research potential.

    Milind Karmarkar

    A chartered accountant by profession, Milind joined the firm over 30 years ago. He has played a key role in setting up the organisation’s research team. He is currently the Fund Manager of the PMS division.

    Bhavesh Doshi

    He has been with Dalal & Broacha for over 25 years and has been responsible for setting up the firm’s Fixed Income & Distribution Desk.


    Contact Us

    In case of any Feedback/Grievances kindly post here.

    Investor Grievances Escalation Matrix

    Details of Contact Person Address Contact Number E-mail Id Operational/Working Hours
    Customer care Ms. Rajasi Sawant 506, Maker Chambers V, 221, Nariman Point, Mumbai – 21 022 - 67141441 info@dalal-broacha.com Monday to Friday 9.30 AM to 5.30 PM
    Head of Customer care Ms. Megha Lath 022 – 67141422 megha.lath@dalal-broacha.com Monday to Friday 9.30 AM to 5.30 PM
    Compliance Officer Mr. Praful Trivedi (Broking services) 022 – 67141468/95 compliance.officer@dalal-broacha.com Monday to Friday 9.30 AM to 5.30 PM
    Mr. Shivram Masaye(DP) 022 - 67141423 cds@dalal-broacha.com
    CEO Mr. Nailesh P Dalal 022 – 67141401 nailesh.dalal@dalal-broacha.com Monday to Friday 10.00 AM to 5.30 PM

    In absence of response/complaint not addressed to your satisfaction, you may lodge a complaint with:

    Please quote your Service Ticket/Complaint Ref No. while raising your complaint at SEBI SCORES/Exchange portal/Depository portal.

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    A Career With Us


    At Dalal & Broacha, we strive to nurture the best talent for each role and competency. Being an enterprise driven by ethics and excellence, Dalal & Broacha looks for people who mirror and inculcate these principles in their professional lives. We encourage our employees to think outside the box without compromising on our founding ethics and principles.

    Current Openings at Dalal & Broacha
    Experience required
    Mutual Funds Research Analyst 3-6 years
    Mid-Cap buy side Analyst 5-8years
    Equity Research Analyst 4-8 years
    Institutional Sales Profile 8-15 years