What’s new

• Inventure lodged a criminal complaint against unknown persons using a deceptively similar name.
• Fraudsters used a fraudulent bank account to solicit public investments.
• Company says its own accounts and liquidity are untouched; risk is reputational.

Why it matters

For a nano-cap brokerage already struggling with a 40% revenue drop and negative profit, any brand damage can accelerate client exits. The proactive filing limits downside, but the incident adds regulatory and trust risks.

What we’re watching

• Police investigation outcome and any client complaints.
• Whether the fraud triggers any regulatory queries.
• Impact on new account openings in coming weeks.

The full read

Inventure Growth & Securities has filed a criminal complaint after discovering fraudsters using a near-identical business name and a fake bank account to solicit money from the public. The nano-cap broker with a market cap of ₹103 crore says its own books are clean and liquidity is untouched — the risk is brand damage, not financial loss. For a company already bleeding revenue (‑39.7% trailing) and profit (‑133.5% PAT), trust is fragile. The proactive filing is the right move, but the open question is whether clients and regulators see it that way. The stock will likely trade on perception here, not fundamentals.

Primary source: BSE · NSE