Parsoli Corporation

What Parsoli Corporation does

Parsoli Corporation is a Mumbai-based, publicly listed (BSE: 530071) Indian financial services firm founded in 1990 that operates in retail stock broking. The company is small, with 51-100 employees and is associated with three founders — Talha Sareshwala, Uves Sareshwala, and Zafar Sareshwala — indicating a family-promoter ownership structure typical of older Indian small-cap broking houses. Its functional role is intermediating retail investor access to Indian equity markets, alongside unspecified adjacent financial services.

The publicly disclosed operational footprint is minimal: the company website (parsoli.com) returns no substantive product or service information in available sources, and there is no disclosed technology stack, proprietary platform, app, or API. Revenue disclosures are sub-scale and show volatility (FY2023 ~$1.05M, FY2022 ~$1.28M, FY2020 ~$0.78M, with some prior years showing negative figures), suggesting a low-volume brokerage or distribution business rather than a scaled trading franchise. Gross profit figures and EBITDA disclosures are not meaningful in the available data.

There is no evidence of recent funding activity, M&A, partnerships, leadership changes, product launches, geographic expansion, regulatory actions, or technology investments. The company therefore reads as a legacy, promoter-controlled micro-cap listed entity operating in an Indian retail brokerage market that has been substantially disrupted by tech-native discount brokers. Its strategic positioning relative to those competitors, and the durability of its revenue base, cannot be determined from the available data.

Name

Parsoli Corporation

Website

https://parsoli.com

Company type

Private

Founded year

1990

Headcount range

51–100 employees

Short description

Parsoli Corporation is a Mumbai-based, publicly listed (BSE: 530071) Indian retail stock broking and financial services firm founded in 1990, operating with 51-100 employees under founder-promoter ownership and serving retail investors in Indian equity markets.

Ownership category

akta.pro rank

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Core offering

Parsoli Corporation is a publicly listed Indian financial services firm that provides retail stock broking and related financial services. Founded in 1990 and headquartered in Mumbai, the company operates in the Indian securities market offering brokerage services to retail investors. The company is listed on the Bombay Stock Exchange under the symbol BOM:530071.

Product overview

No product information available. The source data shows only a loading/verification page with no substantive content about Parsoli Corporation's offerings.

Differentiator

Problem solved

Functional benefit

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Direct peers

• 5paisa Capital: 5paisa is a publicly listed Indian discount broker (BSE: 540776) serving retail investors with low-cost equity, derivatives, and mutual fund offerings. Comparable in listing status, retail focus, and SEBI-registered brokerage business model.
• Geojit Financial Services: Geojit is a Kerala/Mumbai-based retail stock broker with a strong regional retail franchise and public listing. Comparable to Parsoli in regional retail brokerage positioning, multi-channel distribution, and BSE-listed public status.
• Angel One: Angel One is a publicly listed Indian retail stock broker (BSE: 543235) offering discount brokerage, mutual funds, and research to retail investors. Direct competitor in the same BSE-listed retail brokerage category, with active digital platform.
• Upstox (RKSV Securities): Upstox is one of India's largest discount brokers serving retail traders with a mobile-first platform. Comparable as a SEBI-registered retail stock broker targeting the same Indian retail equity segment as Parsoli.
• Sharekhan (BNP Paribas subsidiary): Sharekhan is one of India's largest traditional retail stock brokers with a multi-channel (online + branch) distribution model serving retail investors. Most directly comparable to Parsoli in target customer (retail Indian equity traders) and traditional full-service orientation.
• Zerodha (Rainmatter subsidiary): Zerodha is India's largest retail stock broker by active clients, pioneering the discount brokerage model that has redefined the industry. Comparable as a SEBI-registered retail stock broker serving the same Indian retail equity audience as Parsoli, though at vastly greater scale.

Broad incumbents

• ICICI Securities (ICICI Direct): ICICI Direct is the retail brokerage arm of ICICI Bank, offering a full-service platform spanning broking, mutual funds, IPOs, and research. Comparable as an Indian retail stock broker, but with bank-level scale, brand, and capital that Parsoli lacks.
• HDFC Securities: HDFC Securities is the brokerage subsidiary of HDFC Bank, offering retail broking and distribution to HDFC's massive banking customer base. Comparable in Indian retail broking, with a far deeper parent-bank distribution advantage.
• Kotak Securities: Kotak Securities is the brokerage arm of Kotak Mahindra Bank, offering retail broking and distribution. Comparable in Indian retail stock broking, with the structural advantage of a large private bank parent and established brand.
• Motilal Oswal Financial Services: Motilal Oswal is a publicly listed Indian financial services firm (BSE: 532892) offering retail broking, wealth management, and institutional research. Comparable as a BSE-listed Indian retail broker, though materially larger and more diversified.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat1 record

Key risks5 records

Key highlights4 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Parsoli Corporation