Mid East Portfolio Management is a professionally managed financial services company with more than 22 years of experience in NRI Investment services. Mid East is known to more than 10,000 NRIs spread across 100 cities over 22 countries. MPML has been promoted by Kishor A. Shah. From 1993 to date, he has been managing the affairs of Mid East Portfolio Management Company Ltd., which was registered as a Category II Merchant Banker till the year 1996 and was Category I merchant banker from 1996 to 1998.
The company floated its IPO in the year 1993 and its equity shares are listed on Mumbai Stock Exchange.
Mid East is engaged in providing exclusive NRI investment services that include client registration, managing stock portfolio, investing in IPOs, stock broking, Demat Account opening, PAN Card application, I-T returns, etc for NRIs, Ex-NRIs and PIOs.
Mid East Portfolio Management Ltd. is a leading Non-Resident Indians (NRIs) for investments in Indian Capital Market. NRIs can invest in both Primary Market and Secondary Market through Mideast Portfolio Management Ltd.
At present, company has Power of Attorney from more than 700 NRIs to operate their Bank account, Demat account etc. for their Investment in India. Also, the company has provided NRI equity placement & ECB Funds to more than 200 reputed corporates all over India.
The Company is successfully operating its own Wind farm since 1995. With this experience and expertise, it can also provide Project Consultancy Services to set up Windfarm in India.
Services offered by the company
- Portfolio Management Services- Under this scheme the Investors execute Power of Attorney in favour of Mideast Portfolio Management Limited to manage the portfolio investment on their behalf. This scheme operates at the discretion of Mideast, backed by a through investment research relieving.
- Online Trading- Mideast gives you the access to tools that institutions and professionals use for trading in Capital Markets. We provide an Online Trading platform that enables NRI’s to transact paperless trading in Equity and Derivatives segments.
- Offline Trading- Mideast also offers Offline Trading facility to NRIs wherein the orders can be placed through telephone, Email, Chat or Fax communication.
- Mutual Fund Investment- NRIs can invest through Mideast in all the leading funds without going through the hassle of any paperwork. Mideast’s Mutual Fund Desk provides its clients with the latest updates on the top Funds, NAV's, New Fund Offers. We also provide performance report of various funds to ensure smart investments are made in Mutual Fund segment.Click here for more details on our Mutual Fund Desk.
- Investment in IPO- Paperless investment can be done by NRIs through Mideast in the Primary Market vide Initial Public Offering (IPO). Details of current IPO's & forthcoming IPO's, Performance of Past IPO's, basis of allotment, etc are provided by us to enable clients make hassle free IPO investments.Dematerialisation of shares bought in Primary Market.
- NRI Services- The company assists the NRI clients in converting the physical share certificates to electronic form (Demat form). The Holder of the shares has to just open a NRI Account and submit the Demat Request along with the certificates, Mideast’s efficient and customer friendly NRI Desk takes care of all the other formalities.
- Insurance Services- There are about ten private sector Joint Insurance companies like Max India, Birla Sunlife, Om Kotak, HDFC, Etc. However ICICI Prudential is No. 1 among all of them.All the policy structure like terms, premium amount, bonus, redemption, claim settlements, riders, etc. are designed by Britishers to suit Indian conditions. Infact, prior to nationalizations of Insurance Companies and making LIC, Prudential was very active in Indian Market.