Narnolia At A Glance

Abour Us

Our Journey

1997 Narnolia Securities was founded by Krishna Narnolia along with Shailendra Kumar
Portfolio Manager in India
2003 India Growth Story in-depth Analysis started
2007 Business leadership award for Industrial Development (Indian Economic Development & Research Association)
Portfolio Manager in India
2008 Islamic Index and Quant Analytics launched by Late Smt. Sheila Dixit, ex. CM - Delhi
Portfolio Manager in India
2008 ISO certification Received, one of the few Advisory firm
Portfolio Manager in India
2009 Launched our first Investment Advisory portfolio (Model Portfolios)
Portfolio Manager in India
2010 Portfolio Analytics SDR (Equity) & SDR (MF) launched
2011 B2B Research Adviosry launched
2012 Narnolia PMS Launched
Portfolio Manager in India
2013 Strategic Tie-up with BSE for 11 States for Investor Awareness
2013 Acquired G. Raj & Co. the 2nd Largest Depository Participant of Eastern India
Portfolio Manager in India
2014 Awarded the Prestigious GD Birla & Gaurav Sanman for our CSR initiative
2014 StartBay hedge Fund Launched our first AIF fund (Relaunching Soon)
2016 Acquired Microsec A renowned Brokerage firm of Eastern India
2016 Reached AUAM Assest Under Custody, Advisory & Management of over 10000 Cr. with over 3L clients across India
2017 Emerging Portfolio Manager of the Country by BSE Tefla's 2017
Portfolio Manager in India
2017 Most Promising Brand, Recognized by WCRC, World Consulting & Research Corporation
2018 Inspirational Leader of the Country by WCRC, London
Portfolio Manager in India
2018 Nivesh Kumbh A financial literacy initiative by us for the Youth, Women & Senior Citizens of India
Portfolio Manager in India
2018 Most consistent Portfolio manager of the Country by BSE Tefla's, 2018, India
2019 Awarded 'Regional Retail Member of the Year 2019' by National Stock Exchange (NSE)
Portfolio Manager in India
2019 NSDL Star Performer Award
Portfolio Manager in India
2019 Relaunched investment Advisory Portfolios (IAP) - Equity & MF
Portfolio Manager in India
2019 Most Consistent Portfolio Manager of the Country, by BSE Tefla's, 2019, India
Portfolio Manager in India
2020 Certified 'Great Place to Work'
2020 NARNOLIA 2.0 Business Model Redefined from Generalist to Specialist From a full-service regional brokerage firm to a leading fund management and advisory firm of the country
2020 2nd Largest Registered Investment advisor ( RIA) of the country - 2020-21, By BSE Star & Associates.
Portfolio Manager in India
2021 4 Star Rating, Rank 2 by CRISIL Awarded by PMS Bazaar.
2022 Narnolia PMS awarded ‘Best PMS on 5 Yrs Performance’ - Rank 2 by IIM Ahmedabad.
PMS AIF Award Best PMSbw
2022 Once again, for 2 consecutive years in a row, Narnolia Multi Cap PMS scheme has been rated ⭐⭐⭐⭐ for the year 2021-22 by CRISIL
PMS AIF Award Best PMSbw
2024 ‘Best Merchant banker for 2024 in SME’ by NavaBharat Times BFSI Summit & Awards
Best Merchant banker for 2024 in SME by NavaBharat Times BFSI Summit & Awards
2024 Milltrust International and Narnolia Financial Services join hands to tap market opportunities
Milltrust International and Narnolia Financial Services join hands to tap market opportunities
And the journey continues...

Awards & Recognitions

Narnolia Research Directory
KYC is a one-time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. | Investors don’t need to issue cheques while subscribing to IPOs. Just write your bank account number and sign the application form to authorise your bank to make a payment on your behalf in case of allotment. You don’t have to worry about refunds as the money remains in the investor's account. | It has been brought to the notice of SEBI by Central Economic Intelligence Bureau, Department of Revenue, GOI, that certain fraudsters are collecting data of customers who are already into trading either in NSE / BSE and send them bulk messages on the pretext of providing investment tips and luring them to invest with them in their bogus firms by promising huge profits. Hence, the investors are requested to take note of the above and exercise caution and due care. | Process for filing complaints on the SEBI SCORES website: a. Register on SEBI SCORES | b. Mandatory details for filing complaints on SCORES | Name, PAN, Address, Mobile Number, Email ID | c. Benefits: i. Effective Communication ii. Speedy redressal of the grievances

Narnolia Financial Services Ltd (Formerly Narnolia Financial Advisors Ltd); Registered Office Address: Marble Arch, 2nd Floor, Office 201, 236B, A J C Bose Road, Kolkata- 700020; Phone No.-033-40501500; Corporate Office: A-803, 1 Kanakia Wall Street, 8th Floor, Andheri Kurla Road, Chakala, Andheri East, Mumbai-40093, Phone No.: +91 22 62701200, Website:, SEBI MERCHANT BANKING - INM 000010791, PMS - INP000006420, RESEARCH ANALYST - INH 300006500, Compliance Officer Details (In Research) : Rana Debnath, Contact No. 022 6270 1200, Email id AMFI - ARN 3087, ROC-CIN: U51909WB1995PLC072876 Read More


In case of any queries related to your investments, you can get in touch with us at or WhatsApp us at+916204800291.Grievance Officer: Rana Debnath, Contact No. 022-6270 1200, Email ID:,

Investors may submit their online complaints on the official SEBI Scores website by clicking here. With regards to physical complaints to the Office of Investor Assistance & Education, Securities & Exchange Board of India, SEBI Bhavan, Plot No C4 A 'G' Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051.

Online Dispute Resolution Portal can be accessed via the following link -


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