The Divine Tree of Indian Investing
Since 1992, Kalpataru Multiplier Ltd has helped generations of investors grow their wealth — the Trusted, Time-tested and Transparent way.
Why “Kalpataru”?
In Indian tradition, the Kalpataru is the wish-fulfilling Divine Tree — plant it, nurture it, and it gives back for generations. We chose that name in 1992 as a promise: your financial goals are the wishes, and our job is to grow them.
What began as a share broking desk in Bhopal has grown branch by branch — equities, derivatives, commodities, mutual funds, IPOs, bonds and depository services — into a full-spectrum investment house serving investors across India, with clearing membership held since inception.
Clearing Member — Since Inception
From day one, Kalpataru has held clearing membership of India's leading market institutions. Every credential below is verifiable with SEBI and the respective exchange.




Every registration above is a layer of investor protection. Exchange memberships put our trades under NSE, BSE and MCX surveillance; the CDSL registration keeps your securities in your own demat account, not ours; and SEBI regulation gives you formal grievance channels — SCORES and SMART ODR — that we publish openly in our footer. Trust, verified.
Open an Account with UsOur Journey
From a single desk in Bhopal to a full-spectrum investment house.
The Three Ts We Live By
Every account, every order, every interaction is measured against these.
Trusted
Clearing member since inception, SEBI registered, and answerable to four market institutions — your money moves through regulated, transparent rails.
Time-tested
Three decades of bull runs, corrections and everything between. Processes that have survived every market cycle since 1992.
Transparent
Clear pricing, instant back-office reporting, published policies and grievance channels — nothing between you and your numbers.
Leadership
A promoter family that has steered the firm through every market era.





Regulatory Disclosures
Who runs the firm and who represents it — published openly, exactly as filed.
Plant your own Kalpataru today
Open a free demat, trading and mutual fund account in under 5 minutes — completely digital.
