Gretex Corporate Services Posts Strong Growth in Q1 FY27; Revenue Jumps 70.5% Year-on-Year

Gretex Corporate Services Posts Strong Growth in Q1 FY27; Revenue Jumps 70.5% Year-on-Year​

Gretex Corporate Services Limited, a SEBI-registered Category-I Merchant Banker, reported significant growth in its Q1 FY27 results. The company saw a substantial rise in revenue, driven by robust performance across its integrated financial services platform, which spans capital markets advisory and transaction execution.

The company maintains a footprint in Mumbai and Kolkata, specializing in capital-markets advisory and transaction execution with expertise in the SME IPO segment. Its operations encompass merchant banking, broking, market making, and wealth services, supporting clients from preIPO strategy through post-listing liquidity.

Q1 FY27 Financial Highlights​

Gretex Corporate Services Limited recorded strong consolidated performance for the quarter ending June 30, 2026. The company noted that growth was led by the robust performance of Gretex Share Broking Ltd., while standalone profitability improved significantly due to better operating efficiency.

The key financial metrics for Q1 FY27 compared to previous periods are detailed below:

Operational and Business Developments​

The company reported several key business and corporate developments during the quarter:

• Three new advisory mandates were signed.
• A listing mandate was secured with a West Bengal based ferro-alloys company.
• Draft Red Herring Prospectus (DRHP) was filed for Sky Alloys and Power Ltd. on NSE and BSE.
• Bahutex received CAT-II AIF registration, in which Gretex is a partner.
• The 'Saksham Niveshak' investor education campaign was launched.
• The Board recommended a final dividend of ₹0.70 per share.

Corporate Overview and Focus Areas​

Gretex has a 17 year track record since its incorporation, with over 40 distinct sectors served and more than 200 transactions executed. The company specializes across several integrated service segments:

Key Service Offerings:

• Capital Markets & Corporate Finance: Providing SME and Mainboard IPOs, FPOs, rights issues, M&A, restructuring, private equity, and debt advisory.
• Broking & Market Making: Operating as a SEBI registered stock broker and market maker for SME listed companies.
• Advisory: Offering end-to-end merchant banking services including due diligence, valuation, structuring, and documentation.

The company reports serving 62 IPO-listed clients across various industries, demonstrating a comprehensive origination capability.

Leadership and Corporate Journey​

Gretex has evolved significantly since its foundation in 2008, moving through several milestones:

• Early Years: Incorporated as Dynamic Tradeserv Pvt. Ltd. (2008) and Gretex Share Broking Ltd. (2010). Renamed Gretex Corporate Services Private Limited and registered as a SEBI 'Category-I Merchant Banker' in 2011.
• SME Focus: Achieved first SME IPO listing in 2017, and listed on BSE SME in August 2021. The company was recognized as a Top Volume Performer for SME IPO across FY18 and FY21 (BSE).
• Expansion: Established a new corporate office at One BKC in 2022-23 and achieved the status of among the Top-5 Merchant Bankers in 2021-22 (BSE Award).
• Mainboard Transition: Secured its first Mainboard IPO listing in 2024 and migrated to the mainboard in September 2025.

The company is led by a board including Alok Harlalka, Managing Director & CFO, Rajiv Kumar Agarwal (Non-Executive & Independent Director), Arvind Harlalka (Whole Time Director), Khusbu Agrawal (Non-Executive & Independent Director), Sumeet Harlalka (Whole-Time Director), and Dimple Laxminarayan Khetan (Non-Executive & Independent Director).

GCSL Stock Price Movement​

Shares of Gretex Corporate Services Limited on Friday slipped by 1.56% to settle at ₹523.95 per share. The equity saw a volume of 363,706 shares during the trading session.