Set in 1980's & 90's Bombay, Scam 1992 follows the life of Harshad Mehta - a stockbroker who single-handedly took the stock market to dizzying heights & his catastrophic downfall. Being directed by National Award-winning filmmaker Hansal Mehta, the series is based on journalist Debashis Basu & Sucheta Dalal's book "The Scam".
By the fa*g end of the 70’s era, a middle-class boy from Ghatkopar finds his way into the stock market. He is Harshad Mehta. Aided by his friend, Bhushan, Harshad masters the art of jobbing. Backed by his aspirations, Harshad goes on to start his own trading account in partnership with his brother, Ashwin. Little do the brothers know what’s in store for them in the near future.
Harshad’s life goes for a toss when bankruptcy hits him hard coupled by his father’s demise. Although disturbed, Harshad does not give up but ventures into the consultancy business and sets up Growmore Consultancy. While his friend, Pranav Sheth finds him corporate clients, Bhushan is roped in to join the firm. Armed with the new economic policies by PM Rajiv Gandhi, Harshad’s fate sees a growth spurt in business. With growth, comes limelight. Is it for good or bad?
Harshad gets lured into the money market following a jibe from Ajay Kedia, the broker from Calcutta. Once in the money market, he learns that the shots are being called by Citibank and its chain of brokers. Building his own cartel, Harshad starts giving them ‘bankerage’. With SBI as his client, will Harshad’s fortune turn around for good?
Harshad’s sudden success spurt catches many eyes. One such is that of Sucheta Dalal, a financial journalist. She is tracking his activities and is on the lookout for evidence against him. Meanwhile, Harshad indulges in a massive buying spree; a 15000 sq feet house and several cars being an example. Will this pompous life go down well for him?
Finding suspicious fund movements in Harshad’s SBI account, the RBI Governor directs the bank to start tracking his account. Harshad, in order to be on the safe side, asks Sitaraman not to present the 500 crores sum in the accounting records. With RBI’s close surveillance and shrinking stock market, will Harshad be able to hold his grip firmly?
Sucheta receives a lead from Bellary regarding the 500 crores that is apparently missing from Harshad’s books. At the same time she is shocked to know that Harshad has smartly paid off most of his debts to SBI. She has just twenty four hours in hand to expose him. Where will this chase end?
Venkitarajan becomes aware of more than one bank being involved in the money scam. This in turn widens the scope of the entire scam scenario and an RBI investigation is set up which sheds more light into Harshad’s fraud as well. Some shocking facts are brought to light, compelling a CBI investigation thereof. What awaits Harshad at the end of this investigation?
Sucheta grabs a big piece of information when Venkitarajan lets her in on the news of NHB’s involvement in the scam. Based on the news published by Sucheta, CBI officer Madhavan begins grilling Pherwani. Fearing that Pherwani may spill the beans, Harshad connects with Delhi. Pherwani is later found dead. Is there a connection between Harshad’s Delhi call and Pherwani’s death?
Harshad’s friend, Bhushan during the CBI interrogation threatens to expose the former’s Delhi allies. After Madhavan resigns from his post, there is no further reason to keep Harshad behind the bars. After serving imprisonment for 111 days, the fraudster is finally out in the open and holds a press conference, the revelations in which, are good enough to shake up quite a few who matter.
Following the disturbing press conference release, Delhi offers a deal to Harshad, based on which he withdraws his press statement. With most of his assets standing defunct, Harshad goes back to restore Growmore. Bhushan’s revelation that Harshad holds the benaami shares proves to be too costly. Watch what becomes of Harshad ultimately.
1. What does the son of Harshad Mehta do? Ans– Attur Harshad Mehta, the son of famous Indian stockbroker Harshad Mehta, is an entrepreneur, investor and businessman. He is the current Chairman of Unicon Investment Solutions Limited and has also served as a Director at Bombay Stock Exchange Limited for four years.
The breakdown post Harshad's demise was fully exploited both by the Income Tax department and the banks who foisted upon Harshad and the rest of us patently false and illegal claims and the banks secured ex-parte decrees against the estate of Harshad for much higher amounts and in some cases where no amounts were not ...
Sharad Bhillari, who worked at the PR department of the SBI bank, was the first among the people who informed Sucheta Dalal about the scam that was being pulled. Karamchan was also a source for Sucheta.
The Biography of Ashwin Mehta: Harshad Mehta's Brother
In his mid-50s, he earned a law degree, and he is now a busy lawyer, practicing before the Mumbai High Court and the Supreme Court. To clear his brother's identity, he battled various court proceedings alone and paid approximately Rs 1,700 crores to banks.
The Big Bull is a 2021 Indian Hindi-language crime drama film directed and written by Kookie Gulati, based on stockbroker Harshad Mehta who was involved in financial crimes over a period of 10 years during 1980–1990. The film stars Abhishek Bachchan, Ileana D'Cruz and Nikita Dutta.
In the movie, Bachchan plays the role of Hemant Shah, a character that is loosely based on Harshad Mehta, the stockbroker who was involved in financial crimes in the 1980s and 1990s.
What is the relation between Harshad Mehta and Hansal Mehta? There is no as such relations between these two peoples. Hansal mehata is just a director of webseries Scam 1992 as he is also a gujarati so He can understand the complete script and Harshad Mehata easily.
SEBI banned Harshad and his Entire family from stock market after the serious allegations of fraud also they freeze entire account and sealed the Growmore company. After getting bail Ashwin and Harshad Used his brother-in-law company and his name to comeback in stock market.
Introduction: My name is The Hon. Margery Christiansen, I am a bright, adorable, precious, inexpensive, gorgeous, comfortable, happy person who loves writing and wants to share my knowledge and understanding with you.
We notice you're using an ad blocker
Without advertising income, we can't keep making this site awesome for you.