Samarth Mercantile Pvt Ltd
Commodity Derivatives Brokers and Service Providers for India
Samarth Mercantile Pvt Ltd is a boutique commodity brokerage firm, through its membership of national level commodity exchanges NCDEX and MCX.
We offer services like Derivatives Brokerage, trade initiation for exchanges based physical deliveries etc.
The hallmark being fast, knowledge backed, and sound understanding of the realities of the agricultural commodities physical and derivatives markets. This is through adoption of latest technologies, strong relations at the growing centers and legacy experience in the derivatives markets since 1942.
Hedging / Arbitrage Solutions
Over and above the brokerage solutions on the Electronic Exchange Platform for derivatives trade, we help in devising of hedging and arbitrage strategies for mitigation of price risk for exporters, importers, forward traders etc.
Even brokerage for buying and selling of physical commodities on and off exchange (Through Samarth Mercantile Pvt Ltd and its group Companies), is provided, thus giving an end to end solution for business gains to hedgers and arbitrageurs.
- Samarth Mercantile Pvt Ltd is part of the the group of closed knit companies in to the business of Brokering, Trading, Export, Import, Commission Agency, Processing etc, of Agro commodities, and the group is in to the business since 1942.
- Samarth Mercantile Pvt Ltd is the member of NCDEX and MCX since the inception of the Exchanges and the advent of the electronic trading systems in India.
- Prior to the electronic national level exchanges, it has been a member of the various regional commodity exchange for Black Pepper, Turmeric, Castor, Jaggery etc.
- The lineage and the goodwill in markets across India gives an edge and a case to partner with its customers and stake holders.
The Samarth Group
Genesis of the Group
The genesis of the group dates back to 1940, when our group founder and mentor Late Shri Karsandas Dhanji arrived in Mumbai (then Bombay) and started his first job at the age of 15 at the Wholesale Grain Markets (Dana Bundar). Soon after in 1942, Shri Karsandas Danji started his business of brokering primarily for Black Pepper Forward Trades in the same of Karsandas Dhanji & Co. The eventual growth in to the business of derivatives and physical trades, has been going on steady over the decades till date.
The Samarth group comprises of closed knit companies (Karsandas Dhanji & Co, Aditya Corporation, Jamnadas Dhanji & Others, Samarth Mercantile Pvt. Ltd. Thakker Mercantile Pvt. Ltd. et al) in various businesses as General Merchants, Commission Agents, Brokers & Distributors, Exporters, Importers, Processors and cold storage logistics provider for products like Raisins, Turmeric, Other Local Spices, Imported Spices and other agro commodities.
Samarth Mercantile Pvt Ltd
Member of NCDEX, MCX
H-20 APMC Market 1, Phase II, Sector 19, Vashi, Navi Mumbai 400703, India
NCDEX Member ID: 00285 | MCX Member ID: 29940
FMC UNIQUE CODE:-NCDEX/TCM/CORP/1010 SINCE 25.08.2004
FMC UNIQUE CODE:-MCX/TCM/CORP/1010 SINCE 11.02.2006
SEBI Reg No : INZ000013238
GST No: 27AADCS8782R1Z9 | CIN: U51900MH1997PTC108730