The NSE has admitted the company’s entire issued, subscribed, and fully paid-up equity share capital—comprising 28,10,96,028 shares—for trading in the Capital Market segment. The listing follows formal approval granted by the exchange on January 2, 2026, and was subsequently communicated to market participants through an official circular.
Formerly known as Hindustan Everest Tools Limited, Algoquant Fintech has repositioned itself as a technology-driven fintech company specialising in hedged derivatives arbitrage and high-frequency trading within Indian capital markets. The NSE debut is seen as a strategic step in strengthening the company’s presence across India’s two leading stock exchanges.
“This is a landmark achievement for us,” said Dhruv Gupta, Whole-time Director and Co-founder of Algoquant Fintech Limited. “Trading on the NSE broadens our investor base and significantly enhances liquidity for our shareholders. The dual listing aligns with our long-term vision of innovation-led growth and sustainable value creation.”
Algoquant Fintech will continue to trade on the BSE under scrip code 505725. Market observers note that dual listings often improve price discovery and trading volumes, while also increasing institutional visibility for mid-sized companies seeking wider capital market engagement.
Headquartered in GIFT City, Gandhinagar, Algoquant Fintech operates as a technology-intensive trading firm, leveraging advanced algorithms, ultra-low latency execution systems, and robust risk management frameworks. The company’s business model is centred on fully hedged strategies, designed to minimise directional market risk while generating consistent returns.
The management has reiterated its commitment to regulatory compliance, stating that the company will continue to adhere to the Securities and Exchange Board of India’s Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. All statutory disclosures and filings will be made through the NSE’s NEAPS platform and corresponding BSE systems.
The NSE listing, company officials said, reflects Algoquant Fintech’s focus on transparency, governance, and long-term engagement with public market investors, as it seeks to scale its operations within India’s rapidly evolving fintech and capital markets ecosystem.
Company Contact Detail:
Mr. Krishna Kumar Yadav
Company Secretary & Compliance Officer
Mob No - 9910032394
Media Contact Details:
Mr. Manoj Sharma
Mob No - 7678641249
