- Business
- Asit C. Mehta Financial Services Ltd. (ASITCFIN.BO) is an India-based financial services company engaged primarily in investment activities, advisory and consultancy services on fund mobilization and corporate restructuring, property rentals, and investments in startups and other businesses; it operates through Investment Activities and Advisory and Consultancy Services segments, offering services including stock broking, wealth management, mutual fund distribution, portfolio management, merchant banking, real estate services, debt market trading in government securities and bonds, currency and commodity trading, equity derivatives, IPOs, depository services, institutional equities, NRI services, and fintech platforms such as investmentz.com. The company, originally incorporated on January 25, 1984, as Nucleus Securities Limited and listed on BSE Ltd., maintains its headquarters in Mumbai, Maharashtra, with a focus on retail, institutional, and NRI clients across India and international markets. In recent developments, Cliqtrade Stock Brokers, promoted by Pantomath Financial Services Group founders, acquired a significant 37.19% stake in 2023 through share purchase agreements and an open offer, establishing itself as co-promoter; the company reported strong financial performance in September 2025 with consolidated net sales up 46.3% year-over-year to Rs 21.67 crore and net profit of Rs 1.45 crore versus a prior loss, alongside board meetings for quarterly results in 2025 including un-audited financials for December 2024.