Market indices
- NIFTY 50 22,795.90 ▲ 0.42%
- SENSEX 75,118.20 ▲ 0.39%
- BANK NIFTY 48,560.15 ▼ 0.18%
- NIFTY IT 37,840.05 ▲ 0.66%
- USD/INR 83.42 ▼ 0.05%
- GOLD (MCX) ₹ 71,250 ▲ 0.31%
Welcome to Macy Shares & Stock Brokers Pvt Ltd
Your trusted partner in the world of stock trading.
Member — National Stock Exchange of India Ltd.
About Us
Welcome to Macy Shares & Stock Brokers Pvt Ltd, your trusted partner in the world of stock trading. As a leading stock broker company, we specialize in providing top-notch financial services to our clients. With a team of experienced professionals and a comprehensive understanding of the market, we are committed to helping you achieve your investment goals.
At Macy Shares & Stock Brokers Pvt Ltd, we understand that the stock market can be complex and volatile. That’s why we strive to provide you with the tools and resources necessary to make informed investment decisions. Whether you are a seasoned investor or just starting out, our team of experts is here to guide you every step of the way.
Account Creation Process
Open your trading account with Macy Shares in six simple steps.
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1
Choose Depository Participant (DP)
Select a DP to open a demat account for investments.
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2
Submit Trading Account Opening Form
Fill out and submit the trading account opening form now.
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3
Fulfill KYC Norms
Complete KYC verification for smooth onboarding and secure transactions.
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4
Go Through the Verification Process
Ensure account authenticity with the simple verification process.
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5
Sign the Agreement Copy
Confirm your commitment by signing the agreement today.
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6
Get Your Trading Account Number
Secure your trading success with your unique account number today.
Statutory Disclosures
Details of the Stock Broker
| Stock Broker Name | Registration Number | Registered Address | Contact Number | Email Id |
|---|---|---|---|---|
| Macy Shares & Stock Brokers Pvt Ltd | INZ000271830 | 6C1 Court Chambers, 35 V Thackersey Marg, New Marine Lines, Mumbai 400020 | 022 66390007 | macysecurities@gmail.com |
SEBI Registration — Segment
| Segment | NSE Cash & Derivatives |
|---|---|
| SEBI Registration No. | INZ000271830 |
Escalation Matrix
| Details of | Contact Person | Address | Contact No. | Email Id |
|---|---|---|---|---|
| Customer Care | C Dhanaseelan Fernando | 6C1 Court Chambers, 35 V Thackersey Marg, New Marine Lines, Mumbai 400020 | 66390007 | macysecurities@gmail.com |
| Head of Customer Care | Kishore Mendon | 6C1 Court Chambers, 35 V Thackersey Marg, New Marine Lines, Mumbai 400020 | 66390007 | macypltd@gmail.com |
| Compliance Officer | M Udhay Kumar | 6C1 Court Chambers, 35 V Thackersey Marg, New Marine Lines, Mumbai 400020 | 9930906035 | mudhaykumar@yahoo.com |
| CEO | Mahesh C Khubchandani | 6C1 Court Chambers, 35 V Thackersey Marg, New Marine Lines, Mumbai 400020 | 9820062442 | maheshkhubchandani@hotmail.com |
Key Managerial Personnel (KMPs)
| Sr. No. | Name of the Individual | Designation | Mobile Number | Email Id |
|---|---|---|---|---|
| 1 | Mahesh C Khubchandani | Director | 9820062442 | maheshkhubchandani@hotmail.com |
| 2 | Priya Khubchandani | Director | 9930906033 | macyshares@rediffmail.com |
| 3 | M Udhay Kumar | Compliance Officer | 9930906035 | mudhaykumar@yahoo.com |
Bank Details
Investors are requested to note that Macy Shares & Stock Brokers Pvt Ltd is permitted to receive/pay money from/to investors through designated bank accounts only, named as client bank accounts. These client bank accounts are also disclosed to the Stock Exchange. Please use the following client bank account only for the purpose of dealings in your trading account with us. These details are also displayed by Stock Exchanges on their website under “Know / Locate your Stock Broker”.
| Segment | NSE Cash & Derivatives |
|---|---|
| A/C Holder Name | Macy Shares & Stock Brokers Pvt Ltd. |
| Type | Axis Bank Ltd |
| Account Number | 4010200020882 |
| IFSC Code | UTIB0000004 |
| UPI | macyshares.rzp1.brk@validaxis |
Registered Address
| Name | Macy Shares & Stock Brokers Pvt Ltd |
|---|---|
| Address | 6C1 Court Chamber, 35 V Thakersey Marg, New Marine Lines, Mumbai 400020 |
| Telephone Number | 022 66390007 |
| Email Id | macyshares@rediffmail.com |
Information About KYC Procedure
Fill out the account opening details / form online on the website. Submit scanned images of the mandatory documents / POA (Proof of Address) / POI (Proof of Identity). Complete IPV (In-Person Verification) process over a video call. Digitally sign the document.
As you are aware, under the rapidly evolving dynamics of financial markets, it is crucial for investors to remain updated and well-informed about various aspects of investing in the securities market. In this connection, please find a link to the BSE Investor Protection Fund website where you will find some useful educative material in the form of text and videos, so as to become an informed investor.
BSE Investor Protection Fund — Investor education (opens in a new tab)
We believe that an educated investor is a protected investor!
SEBI Investor Awareness
SEBI’s “Saa₹thi” mobile app promotes investor awareness on basic concepts of the securities market — KYC process, trading and settlement, mutual funds, investor grievance redressal and more. Available for Android and iOS.
The SEBI Investor website (investor.sebi.gov.in) provides educational material, financial education resources and details of the investor grievance redressal mechanism (SCORES) to help investors make informed decisions.
The National Financial Literacy Quiz is an initiative to spread financial awareness among investors, encouraging participation to test and improve knowledge of the securities market.
Contact Us
Ask us anything or just drop us a line and say ‘hello’.
Phone: 022 66390007
Email: macyshares@rediffmail.com
Address: 6C1 Court Chamber, 35 V Thakersey Marg, New Marine Lines, Mumbai 400020
Attention Investors
- 9 out of 10 individual traders in the Equity Futures and Options Segment incurred net losses.
- On an average, loss makers registered a net trading loss close to ₹ 50,000.
- Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
- Those making net trading profits incurred between 15% to 50% of such profits as transaction costs.
Source: SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in Equity Futures & Options (F&O) Segment”, wherein aggregate-level findings are based on annual profit/loss incurred by individual traders in Equity F&O during FY 2021–22.