The 1992 scam, which was uncovered by the Securities and Exchange Board of India (SEBI), involved a complex web of market manipulation, insider trading, and bank fraud. Mehta was accused of rigging the market, using fake companies, and siphoning off funds from banks to fuel his stock market gambles. The scam ultimately led to a massive crash in the Indian stock market, wiping out millions of dollars in investor wealth.
in April 1992, uncovering a fraud then valued at ₹5,000 crores. 🎬 Why It’s a "Must-Watch" (Even in 2026) Sucheta Dalal
[Humble Beginnings in Mumbai Slums] ──> [BSE Jobber & Insider Trading] ──> [The 'Big Bull' Era & Money Market Loophole] ──> [Sucheta Dalal's Exposé] ──> [Systemic Crash & Legal Downfall] Scam 1992 - The Harshad Mehta Story -2020- S01 ...
—specifically the Ready Forward (RF) deals—to pump massive amounts of liquidity into the stock market. 2. Pratik Gandhi: The Soul of the Show The show's greatest triumph is the casting of Pratik Gandhi
It didn't oversimplify the financial jargon. It respected the audience's intelligence, explaining "Ready Forward" deals and bank receipts without losing the plot's momentum. The 1992 scam, which was uncovered by the
: The series quickly climbed to the top of IMDb's list of the highest-rated TV shows of all time with a stellar 9.6/10 rating, surpassing global icons like Breaking Bad , Chernobyl , and Game of Thrones .
: Before Scam 1992 , Pratik Gandhi was a celebrated name in Gujarati theatre and film but relatively unknown to the Hindi-speaking mainstream audience. His layered performance, bringing both charm and menace to Harshad Mehta, was lauded by critics and audiences alike. The Gujarati language and cultural nuances added a layer of authenticity to the narrative. in April 1992, uncovering a fraud then valued
The series tells its story over , each about 45 to 75 minutes long, covering the 12 years from 1980 to 1992. It begins with whistleblower Sharath Bellary exposing the fraud to journalist Sucheta Dalal, and then flashes back to Harshad Mehta's humble beginnings in a Ghatkopar chawl.
Episodes like "Cobra Killer," "Paise Ki Dukaan," and "Harshad Mehta Is A Liar" track his education as a stock market "jobber", learning the tricks of the trade as he begins his meteoric and morally ambiguous rise. The stakes escalate in "Kundli Mein Shani" and "Stop Press" as RBI investigators close in, creating immense narrative tension. The series reaches its dramatic peak in the final episodes, "Dalal Street Ke Dariya," "Matador," "Ek Crore Ka Suitcase," and the powerful finale, "Main History Banana Chahta Hoon" (I want to make history).
The series chronicles the meteoric rise and catastrophic downfall of Harshad Mehta
The series provides a "turnkey" look at how Mehta siphoned money from the banking system to inflate stock prices: