• Capital infusion deployment: The ₹900 crore investment from NHIS is earmarked for the broking and distribution business, with funds set to arrive and be deployed immediately after regulatory approval expected within one month.
• MTF book growth: Choice targets expanding its current Margin Trading Facility (MTF) book from approximately ₹400 crore to ₹5,000 crore over the next three years.
• Earnings growth guidance: The broking and distribution business is guided to grow 5x over the next three years, taking segment bottom line from ₹120 crore to over ₹600 crore, while maintaining a consolidated PAT growth trajectory of 70% to 80%.
• IPO pipeline execution: The company expects to fully execute its entire existing pipeline of 34 ongoing IPO mandates, representing roughly ₹7,550 crore in tentative fundraising, over the next two years.