Mid East Portfolio Management

Name

Mid East Portfolio Management

Legal name

Mideast Portfolio Management Limited

Website

https://mideastportfolio.com

Company type

Public

Founded year

1985

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

NRI Investment Services

NAICS

Portfolio Management and Investment Advice (523940), Investment Banking and Securities Intermediation (523150)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Advisory Portfolio Management (Non-Discretionary) (FSAAABAD)

akta.pro secondary industry

Discretionary Portfolio Management (Retail) (FSAAAAAH)

Keywords

• NRI investment services
• Portfolio management
• Stock broking
• Demat services
• Mutual fund distribution

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. NRI Investment Services - Portfolio Management: Discretionary and Advisory Portfolio Management services for NRIs, including investment in IPOs, Demat services, Stock Broking with Online Trading, Mutual Fund investments, Insurance products, and Government Savings Schemes/Bonds including RIB and India Millennium Development (IMD) Bonds.
2. Equity Placement Services: Provided equity placement services to more than 300 Indian companies.
3. Insurance Distribution: Life insurance policies from ICICI Prudential and General/Travel/Health Insurance from ICICI Lombard.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Mid East Portfolio Management Ltd. provides comprehensive 'Total Investment' services to Non-Resident Indians, including discretionary and advisory Portfolio Management, IPO/New Issue applications, Stock Broking with online trading, Demat services, Mutual Fund investments, Insurance (Life via ICICI Prudential; General/Travel/Health via ICICI Lombard), and Government Savings Schemes and NRI-specific Bonds (RIB, IMD Bonds). The company also operates a web-enabled online trading platform for remote portfolio management and provides equity placement services to Indian corporates.

Product overview

Mideast Portfolio Management Ltd. (MPML) is a single-brand financial services company listed on the Bombay Stock Exchange (BSE) that operates as a unified NRI Investment Services platform. The core offering is a comprehensive suite of investment services for Non-Resident Indians, combining Portfolio Management (discretionary and advisory schemes), IPO/New Issue services, Stock Broking with online trading capabilities, Demat services, and Mutual Fund investments. Additional services include Insurance (Life through ICICI Prudential; General/Travel/Health through ICICI Lombard) and Government Savings Schemes/Bonds (including IMD and RIB bonds). The company also provides equity placement services to Indian corporates and maintains a web-enabled online platform for portfolio management and trading. All services are offered under one roof through an integrated communication system.

Differentiator

Problem solved

Functional benefit

Products and services

• NRI Investment Services Comprehensive investment services for Non-Resident Indians encompassing portfolio management (discretionary and advisory schemes), new issue / IPO applications, stock broking with online trading facilities, demat services (with or without Power of Attorney), and mutual fund investment, disinvestment, and evaluation. Targets globally-dispersed NRI investors seeking a single-point relationship for Indian investments.
• Insurance Distribution Services Distribution of life insurance policies from ICICI Prudential and general, travel, and health insurance from ICICI Lombard, delivered as part of MPML's total investment services offering to NRI clients.
• Government Savings and NRI Bond Services Investment services for Government of India savings schemes and NRI-specific bonds, including Resurgent India Bonds (RIB) and India Millennium Development (IMD) Bonds, provided to NRI clients.
• Online Trading Platform Web-enabled online trading system providing NRI registered members with login-based access to review trading accounts, portfolios, mutual funds, Demat accounts, and bank statements, supporting remote investment monitoring and execution.
• Equity Placement Services Corporate equity placement services delivered to Indian companies seeking NRI investor connections for primary issuances, leveraging MPML's 10,000+ NRI client network across Middle East and global geographies.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core.

• ICICI Prudential Life InsurancecoreOthersMPML offers Life Insurance policies from ICICI Prudential as part of its comprehensive NRI investment services, providing life insurance products to the NRI client base.
• ICICI Lombard General InsurancecoreOthersMPML offers General Insurance, Travel Insurance, and Health Insurance from ICICI Lombard as part of its NRI service offerings.
• Bombay Stock Exchange (BSE)coreOthersMPML is listed on The Bombay Stock Exchange (BSE), providing public market access and regulatory oversight for the company's equity.
• BSE / NSE / NSDL / SHCILcoreTechnology or IntegrationBSE (Bombay Stock Exchange), NSE (National Stock Exchange), NSDL (National Securities Depository Limited), and SHCIL (Stock Holding Corporation of India) are referenced as partner organizations for trading, depository, and settlement services.

Scale indicators7 records

Recent moves7 records

Broad incumbents

• Sharekhan: Retail-focused Indian broker with NRI investment services, trading platforms, mutual fund distribution, and research-driven advisory; comparable to MPML as a multi-product investment services provider for individual and NRI clients.
• ICICI Direct: One of India's largest retail broking and investment platforms, with a dedicated NRI services vertical offering trading, demat, mutual funds, IPO, and PMS; comparable because it sells many of the same services MPML offers and even shares an insurance partner relationship through the ICICI group.
• HDFC Securities: Large retail broking and distribution platform serving Indian investors and NRIs with equities, mutual funds, IPO, and advisory services; comparable to MPML on product breadth and NRI focus, but with much larger scale and brand recognition.
• Axis Securities: Axis Bank's broking and distribution arm offering trading, mutual funds, IPO, bonds, and PMS for resident and NRI investors; comparable on bundled NRI investment offerings and on leveraging a parent bank's distribution network versus MPML's independent positioning.
• Kotak Securities: Full-service Indian broker offering trading, demat, mutual funds, IPO, and NRI investment services across Middle East and global diaspora; directly comparable on NRI-targeted product suite and on bundled wealth services versus MPML's standalone offering.
• Motilal Oswal Financial Services: Indian financial services group offering broking, PMS, mutual fund distribution, and wealth advisory, with dedicated NRI-desk services; comparable to MPML on discretionary/advisory PMS and equity-broking activities for diaspora clients.

Emerging players

• Appreciate (by Appreciate Technologies): NRI-focused wealth management and advisory startup providing portfolio management, mutual funds, and personalized investment advice to the Indian diaspora; directly competes with MPML for the same NRI segment but with a modern digital onboarding and advisory experience.
• INDmoney: India-based digital wealth management platform that explicitly targets NRIs and Indians globally with mutual funds, stocks, PMS, and advisory on a mobile-first app; directly competes with MPML for the same NRI investor wallet and represents the digital-native threat to MPML's traditional relationship model.
• Sampurna (Stoxkart / Tradetron-style NRI advisors): India-based NRI investment advisory and execution platform offering mutual funds, PMS, and broking services to overseas Indians; comparable to MPML on NRI-targeted PMS/advisory and equity-issuance distribution for diaspora investors.

Regional players

• Geojit Financial Services: India-listed, Kerala-headquartered financial services firm with strong NRI presence in the Middle East offering broking, PMS, mutual funds, and insurance; comparable to MPML because of similar NRI-diaspora focus, multi-product offering, and Middle East client concentration.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/mideast-portfolio-management-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 Mid East Portfolio Management