Management

Management & Promoters

Led by a team of seasoned professionals with deep expertise across capital markets, compliance, and wealth management.
Building India's Most Trusted Broking Firm
Probulls Stockbroking Private Limited is a SEBI-registered broking firm incorporated under the Companies Act, 2013. We are members of NSE and BSE. Our leadership combines capital markets expertise with a relentless focus on investor protection and compliance.
- Client-First Philosophy - Full SEBI Compliance
- Research-Informed - Long-Term Relationships
- Technology-Enabled - Pan-India Reach

Management Team (Directors)

Samrendra Tibarewalla

Director & Compliance Officer
B.Com (H)
35 years of experience

Commerce graduate from St. Xavier's College, Kolkata with over three decades of experience in Listed and AMFI Registered Mutual Fund Advisory. Associated with Probulls Stockbroking (formerly Sapphire Wealth Management Services) as a registered NSE broker since 2008. Actively manages investment portfolios in Mutual Fund and Capital & Derivative Markets.

Rajiv Kothari

Director
B.Com (H)
20+ years of experience

Commerce graduate from St. Xavier's College, Kolkata with over two decades of experience in the Iron and Steel industry, particularly in ductile iron. Commenced his professional journey in the stock market at M/s Mahavir Soni & Co. (CSE, 2003–2005). Actively manages a substantial family investment portfolio with expertise in derivatives, equity research and portfolio management.

Sandip Ginodia

Director
B.Com (H)
35 years of experience

Commerce graduate from Bhawanipur College, Kolkata with over three decades of experience in Listed and Unlisted Share Broking, particularly in equity trading and market dynamics. Associated with Probulls Stockbroking (formerly Sapphire Wealth Management Services) as a registered NSE broker since 2008. Actively manages investment portfolios across Capital and Derivative Markets.

Bijay Laxmi Sharma

Director & CEO
B.Com (H), CS, LLB
8+ years of experience

Associate Member of the Institute of Company Secretaries of India (ACS), LLB graduate, and NISM-Series-III-A certified Compliance Officer under SEBI regulations. Over 8 years of experience in corporate legal compliance, NBFC operations, and capital markets regulation. Associated with Maruti Stockfin Pvt. Ltd. since January 2017, overseeing trading & investment operations, secretarial functions, and compliance with RBI, SEBI, and MCA regulations.

Promoters (Founders)

Rajiv Kothari

Promoter
B.Com (H)
20+ years of experience

Commerce graduate from St. Xavier's College, Kolkata with over two decades of experience in the Iron and Steel industry. Has extensive knowledge of capital markets and actively manages a substantial family investment portfolio with expertise in derivatives, equity research and portfolio management.

Rakesh Kumar Agarwal

Promoter
B.Com (H), FCA, ACS
25+ years of experience

Distinguished Chartered Accountant, Company Secretary and Registered Insolvency Professional with over 25 years in professional practice. Deep expertise in finance, taxation, corporate law, securities regulations and SEBI compliance, providing strategic guidance to corporates, investors and promoters.

Rohan Choraria

Promoter
BSc. Economics (NMIMS), MBA (IIM-A), CFA

IIM Ahmedabad MBA and CFA charterholder with a background in strategy, finance and capital markets. Began career at the Boston Consulting Group. Brings expertise in financial risk management, macroeconomic analysis and data-driven investment research.

Note: Board composition reflects SEBI records as of certificate re-issue date: 07/05/2025. Company formerly known as Sapphire Wealth Management Services Private Limited.

Names and contact details of all Key Managerial Personnel including the Compliance Officer -

Sr. No. Name of the Individual Designation Contact No EMail ID
1 Rajiv Kothari Director 9831048884 rajivkothari100@gmail.com
2 Bijay Laxmi Sharma Director 9748228400 sharmapuja625@gmail.com
3 Samrendra Tibarewalla Director/Compliance Officer 8777794927 samtib@gmail.com
Risk Disclaimer: Investments in securities markets are subject to market risks. Read all scheme-related documents carefully before investing. "9 out of 10 individual traders in equity Futures & Options segment incurred net losses." Past performance is not indicative of future returns. Probulls Stockbroking Private Limited — SEBI Registered Stock Broker | NSE Member ID: 13043 | SEBI Reg. No.: INZ000210932 | CIN: U67120WB2008PTC123484 | GST: 19AALCS6914R1ZC.

Investor Grievances: investorgrievance@probulls.in | SEBI SCORES 2.0: scores.sebi.gov.in | SMART ODR: smartodr.in