Systematix Group Bolsters Private Wealth Business with Strategic Leadership Appointments

2 min read     Updated on 04 Nov 2025, 01:04 PM
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Overview

Systematix Corporate Services has appointed Bhaskar Hazra and Partha Sengupta as Joint Managing Director & CEOs of its Private Wealth Business at Systematix Wealth Asset Services Private Limited. Hazra, with 26 years of experience, will focus on strategic direction and market expansion, while Sengupta, with 27 years in the industry, will concentrate on building a technology-centric wealth management platform. The company, with over INR 10,000 crores in assets under management and approximately 13,000 clients, aims to strengthen its position in India's growing wealth management sector.

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*this image is generated using AI for illustrative purposes only.

Systematix Corporate Services , a diversified financial services powerhouse with a 40-year legacy, has announced a significant move to strengthen its private wealth business. The group has appointed two industry veterans, Bhaskar Hazra and Partha Sengupta, as Joint Managing Director & CEOs of its Private Wealth Business at Systematix Wealth Asset Services Private Limited, a wholly-owned subsidiary.

Strategic Appointments

The appointments of Hazra and Sengupta underscore Systematix Group's commitment to building a premier and differentiated wealth management platform. Here's a closer look at the new leaders:

Executive Experience Previous Roles Focus Areas
Bhaskar Hazra 26 years Senior roles at Barclays Private Bank, Standard Chartered Bank, and GE Countrywide Strategic direction, market expansion (India and Middle East), digital transformation
Partha Sengupta 27 years Leadership positions at Axis Bank, Trust Plutus Wealth Managers, and Standard Chartered Bank Building a future-ready, technology-centric, and client-focused wealth management platform

Company Overview

Systematix Group has established a strong presence in the financial services sector:

  • Services: Brokerage, investment banking, wealth and asset management, and NBFC businesses
  • Client Base: Approximately 13,000 wealth and asset management clients
  • Assets Under Management: Over INR 10,000 crores
  • Team: More than 300 professionals

Strategic Vision

Nikhil Khandelwal, Managing Director of Systematix Group, expressed enthusiasm about the new appointments, stating that they mark a defining milestone in the company's journey to broaden and strengthen its financial services portfolio.

Both Hazra and Sengupta have shared their visions for the private wealth business:

  • Bhaskar Hazra aims to shape Systematix Private Wealth into a trusted, forward-thinking institution rooted in integrity, innovation, and enduring client partnerships.
  • Partha Sengupta highlighted the significant opportunity presented by India's rapidly expanding affluent and HNI segment, emphasizing Systematix's strong foundation and market insights as key advantages in creating a scalable, customer-centric wealth ecosystem.

Market Opportunity

The appointments come at a time when India's wealth management sector is experiencing significant growth. With a rising number of high-net-worth individuals and an increasingly sophisticated investor base, the demand for comprehensive wealth management services is on the rise.

Looking Ahead

These strategic leadership enhancements underscore Systematix Group's commitment to delivering holistic, research-driven, and digitally enabled wealth solutions. As the company moves forward, it aims to tailor its offerings to the evolving needs of affluent and high-net-worth clients, potentially reshaping the landscape of private wealth management in India.

The move signals Systematix Group's ambition to capitalize on the growing wealth management market in India and positions the company to compete more effectively in this dynamic sector.

Historical Stock Returns for Systematix Corporate Services

1 Day5 Days1 Month6 Months1 Year5 Years
-2.25%-0.89%+16.49%+16.49%+16.49%+16.49%
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Systematix Corporate Services Secures NSE Approval for Main Board Listing of 13.65 Crore Equity Shares

1 min read     Updated on 01 Oct 2025, 06:00 PM
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Reviewed by
Shriram ShekharScanX News Team
Overview

Systematix Corporate Services Limited has received approval from the National Stock Exchange (NSE) for the main board listing of 13.65 crore equity shares. The company will be listed and begin trading on NSE from October 6, 2025, under the symbol 'SYSTMTXC' in the EQ series. The listing includes 13,65,38,010 securities with a face value of Re. 1 each. This move is expected to increase the company's market visibility and potentially provide broader access to capital.

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*this image is generated using AI for illustrative purposes only.

Systematix Corporate Services Limited , a prominent financial services company, has achieved a significant milestone in its corporate journey. The company has received approval from the National Stock Exchange (NSE) for the main board listing of 13.65 crore equity shares, paving the way for its debut on one of India's premier stock exchanges.

NSE Listing Details

According to the official communication from NSE, Systematix Corporate Services will be listed and admitted to trading on the exchange effective October 6, 2025. The company's shares will trade under the symbol 'SYSTMTXC' in the EQ series. This move represents a major step forward for Systematix, potentially enhancing its visibility and liquidity in the market.

Key Highlights of the Listing

Item Details
Trading Symbol SYSTMTXC
Series EQ
Number of Securities 13,65,38,010
Face Value Re. 1/- each fully paid up
Market Lot 1
Distinctive Numbers 1 - 136538010

Company Background

Systematix Corporate Services Limited, with its registered office in Indore and corporate office in Mumbai, is recognized by its CIN: L91990MP1985PLC002969. The company holds a SEBI Merchant Banking Registration (No. INM000004224), indicating its involvement in financial services and investment banking activities.

Implications for Investors and the Company

The main board listing on NSE is expected to provide Systematix Corporate Services with increased market exposure and potentially broader access to capital. For investors, this listing offers an opportunity to participate in the company's growth story through a recognized and regulated platform.

Compliance and Reporting

As part of its listing obligations, Systematix Corporate Services will be required to adhere to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company will need to submit all reports, statements, and other required information through NSE's Electronic Application Processing System (NEAPS).

This development marks a new chapter for Systematix Corporate Services, as it joins the ranks of companies listed on India's leading stock exchange. The move is anticipated to enhance the company's profile in the financial markets and provide a new avenue for growth and expansion.

Historical Stock Returns for Systematix Corporate Services

1 Day5 Days1 Month6 Months1 Year5 Years
-2.25%-0.89%+16.49%+16.49%+16.49%+16.49%
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