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Scam 1992

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Introduction 

Scam 1992- The Harshad Mehta Story is an Indian Hindi-language biographical financial thriller streaming television series on SonyLIV directed by Hansal Mehta, with Jai Mehta serving as the co-director. Based on the 1992 Indian stock market scam committed by many stockbrokers including Harshad Mehta, the series is adapted from journalist Sucheta Dalal and Debashish Basu's 1992 book The Scam: Who Won, Who Lost, Who Got Away.The screenplay and dialogues were written by Sumit Purohit, Saurabh Dey, Vaibhav Vishal and Karan Vyas.

It stars Pratik Gandhi as the protagonist Harshad Mehta, with Shreya Dhanwanthary appearing in a parallel lead role, as Sucheta Dalal. The series also features Satish Kaushik, Anant Mahadevan, Rajat Kapoor, K K Raina, Lalit Parimoo, Hemant Kher and Nikhil Dwivedi in pivotal roles. The series focuses on Harshad Mehta's life story, his meteoric rise and the subsequent downfall.

Originally produced by Sameer Nair of Applause Entertainment, Hansal Mehta, worked for three years in writing the script consisting of 550 pages. The project was officially announced in December 2019, with principal shoot beginning following its announcement. Filmed across 200 locations in Mumbai, within 85 days, the shooting was wrapped up in March 2020. The cinematography was handled by Pratham Mehta and the series was edited by Sumit Purohit and Kunal Walve. Achint Thakkar composed the background score.

Scam 1992 was premiered on SonyLIV on 9 October 2020. The series eventually received praise from the performances of the cast members, writing and the major technical aspects.It became the most viewed web series on the streaming platform. In March 2021, SonyLiv and Applause Entertainment announced the second installment of the franchise titled Scam 2003 based on 2003 Stamp Paper Scam. It is to be directed by Hansal Mehta.

Table of contents

Details 

Web series name

Scam 1992: The Harshad Mehta Story

Directed by

Hansal Mehta and Jai Mehta

Written by

Sumit Purohit,Saurav Dey,Vaibhav Vishal
Karan Vyas

Starring

Genre

Financial Thriller, Drama, Biography

Production Company

Studio NEXT and Applause Entertainment

Cinematography

Pratham Mehta

No.of Seasons

1

No. of Episodes

10

Running Time

42 - 60 Minutes

Released Date

9th October 2020

Country of Origin

India

 Language of Origin

Hindi

Original network

SonyLIV

Plot 

The storyline covers the career ascent and subsequent fall of Harshad Mehta (played by Pratik Gandhi). Mehta's entrée into the stock market, the founding of the consultancy GrowMore, and his clever system manipulation for financial gain set the stage for the narrative. As Mehta's riches and power increase, Sucheta Dalal (Shreya Dhanwanthary), a devoted journalist, becomes interested in him. Dalal gets skeptical of Mehta's sudden wealth and launches an investigation, which ultimately results in the expose of Mehta's fraudulent operations.Mehta tries desperately to hide his actions, but when banks, investors, and authorities become involved, he is subject to several inquiries and legal troubles. The piece also discusses Mehta's audacious charge against the Prime Minister and the scam's political repercussions.In conclusion, Scam 1992 explores issues of ambition, greed, and deception while providing a fascinating representation of one of India's most infamous financial scams. 

Release

Scam 1992 debuted on SonyLIV on October 9, 2020. The series eventually received praise for the cast members' performances, writing, and major technical aspects. It quickly became the most-watched web series on the streaming service.

The official release on SonyLIV, the company's OTT platform, consists of ten episodes in Hindi and English. Due to the positive response from audiences and the series' performance, the producers planned to dub the series in Tamil, Telugu, Malayalam, and Kannada languages in order to reach a wider audience. The dubbed versions were released on November 29, 2020.

Seasons

 Season 1

Scam 1992: The Harshad Mehta Story is a Hindi-language biographical financial thriller streaming television series on SonyLIV directed by Hansal Mehta and co-directed by Jai Mehta. The series is based on the 1992 Indian stock market scam perpetrated by many stockbrokers, including Harshad Mehta, and is based on journalist Sucheta Dalal and Debashish Basu's 1992 book The Scam: Who Won, Who Lost, Who Got Away. Sumit Purohit, Saurabh Dey, Vaibhav Vishal, and Karan Vyas wrote the screenplay and dialogues. 

It stars Pratik Gandhi as the protagonist Harshad Mehta, with Shreya Dhanwanthary playing Sucheta Dalal in a parallel lead role. The show focuses on Harshad Mehta's life, his meteoric rise, and subsequent fall.

Season 2

The sequel to Scam 1992 is tentatively titled Scam 2003: The Curious Case of Abdul Karim Telgi. The series, directed by Hansal Mehta, will tell the story of Abdul Karim Telgi's 2003 Stamp Paper Scam. The Telgi Story is based on journalist Sanjay Singh's book Reporter ki Diary, which broke the story of the scam in 2003.

Episodes

Episode Name  About The Episode
Risk Se Ishq Scam 1992 vividly portrays Harshad Mehta's (Pratik Gandhi) rise from humble beginnings to the top of the Bombay Stock Exchange as an influential stockbroker. It begins with Sucheta Dalal (Shreya Dhanwanthary), unraveling Harshad's fraudulent activities that led to a financial catastrophe. Despite experiencing failures and hardships, Harshad's ambition and manipulative strategies kept him on a path of relentless pursuit of profits, eventually resulting in an economic scandal.
Cobra Killer Harshad Mehta, after pledging family gold to reduce debt and recovering his trading account, launches a consultancy, GrowMore. The firm thrives after capitalizing on the tea market and attracting numerous clients. Despite potential market crashes and manipulations against him, Harshad remains optimistic, pays his debts, and continues to aggressively invest, primarily in petroleum firms.
Paise Ki Dukaan Once Harshad becomes interested in the money market, he forms his own cartel of brokers and begins doing business with banks. He soon loses SBI as a client, and destiny does a U-turn.
Harshad Mehta Is A Liar The financial journalist Sucheta Dalal notices Harshad's newfound success and begins actively hunting for evidence to bring him down.
Kundli Mein Shani The RBI Governor requests that the bank keep a tight eye on Harshad's financial movements after noticing suspicious activity in his SBI account. In an effort to protect himself, Harshad tries to remove 500 crore from the books.
Stop Press While Harshad pays off the majority of his debts to SBI, Sucheta is determined to expose the 500 crore fraud after receiving a tip from Bellary. Each party has 24 hours to change the situation.
Dalal Street Ka Dariya Venkitarajan learns that numerous banks are participating in the money swindle and that it is far more significant than it first appears to be. An investigation committee is set up by RBI.
Matador When Sucheta learns from Venkatarajan that NHB was involved in the scam, she breaks the news and prompts CBI to begin questioning Pherwani. Harshad worries Pherwani will be honest. Following Pherwani's passing, the CBI conducted a raid on Harshad's home and arrested him.
Ek Crore Ka Suitcase The government engages in negotiations with Harshad and his attorney, but they ultimately fail. And one day, Harshad holds a news conference with his attorney Mr. Ram Jethmalani, during which they openly admit that Harshad sent the then-Prime Minister P. V. Narasimha Rao a bag containing Rs. 1 crore to help finance the by-election campaign.
Main History Banana Chahta Hoon Under CBI pressure, Growmore and Harshad Mehta's assets face challenges. Bhushan's actions force Harshad to report fraud, unknowingly implicating himself in a new scam. Harshad is detained and develops a heart condition, ultimately leading to a heart attack and his death, ending with his lifeless body displayed in the Thane police station lobby.

Cast

whole cast of scam 1992

Crew

Character Analysis

Pratik Gandhi as Harshad Mehta

Harshad Mehta in Scam 1992

Harshad Mehta played by Pratik Gandhi is portrayed as a man who is driven by a desire for success and recognition. He is portrayed as a charismatic and confident person who is not afraid to take risks. He is portrayed as a man who is fiercely ambitious and determined to achieve his goals, no matter what the cost. Throughout the series, Harshad Mehta's character evolves and changes. He starts out as a young, ambitious stockbroker with a dream of making it big. As he becomes more successful, however, he becomes more and more consumed by his own ego and the desire for more power and money. Eventually, he becomes so caught up in his own success that he loses sight of what is truly important in life.

Shreya Dhanwanthary as Sucheta Dalal

Sucheta Dalal in Scam 1992

Sucheta Dalal played by Shreya Dhanwanthary is based on the real-life journalist of the same name who broke the story of the securities scam in 1992. Sucheta Dalal is an ambitious and determined journalist who is willing to take risks to uncover the truth. Throughout the series, Sucheta becomes increasingly obsessed with the story of the securities scam. She puts her personal life on hold and spends long hours in the newsroom, poring over documents and following up on leads. This obsession takes a toll on her relationships, and she struggles to balance her professional ambitions with her personal life.

Anjali Barot as Jyoti Mehta 

Jyoti Mehta wife of Harshad Mehta

Jyoti Mehta played by Anjali Barot. She is portrayed as the wife of the protagonist, Harshad Mehta. Jyoti is also portrayed as a strong and independent woman who is capable of making her own decisions. She does not shy away from voicing her opinions and is not afraid to challenge Harshad when she feels he is in the wrong. For example, in one scene, she confronts Harshad after he uses insider information to make a quick profit and urges him to return the money. Her character is a reflection of the supportive spouse who tries to maintain the balance between ambition and ethics.

Hemant Kher as Ashwin Mehta 

Ashwin Mehta brother of Harshad Mehta

Hemant Kher who plays the role of Ashwin Mehta is portrayed as a complex character who is caught between conflicting loyalties. He is initially enamored with his brother's success but ultimately realizes the high cost of Harshad's actions. Through his journey, he demonstrates the importance of ethical decision-making and the consequences of failing to do so.

Ramakant Dayma as Shantilal Mehta

Shantilal Mehta father of Harshad Mehta

Ramakant Dayama as Shantilal Mehta, played the role of Harshad Mehta's father. 

Kumkum Das as Rasilaben Mehta

Rasilaben Mehta mother of Harshad Mehta

Kumkum Das as Rasilaben Mehta, played the role of Harshad Mehta's mother. 

Predictions

SonyLiv and Applause Entertainment have announced the second season of the Scam franchise, following the success of Scam 1992: The Harshad Mehta Story. They'll be back with Scam 2003: The Telgi Story, directed by Hansal Mehta as well. The sequel to Scam 1992 is tentatively titled Scam 2003: The Curious Case of Abdul Karim Telgi. The series, directed by Hansal Mehta, will tell the story of Abdul Karim Telgi's 2003 Stamp Paper Scam. The Telgi Story is based on journalist Sanjay Singh's book Reporter ki Diary, which broke the story on the scam in 2003.

Behind the scene

Mehta's upscale apartment in Worli was recreated by modifying the exteriors of an existing building at Malvani in Malad West, and the interiors were created inside a bungalow in Madh Island, which was modified to look similar to Harshad Mehta's actual flat using photographs available online for reference, and some portions were recreated using visual effects. The team also recreated The Times Group's office headquarters in Mumbai, with a massive set being built at the Golden Tobacco Compound in Vile Parle.

The majority of the film was shot at the Bombay Stock Exchange in Mumbai, with the show's producers obtaining permission to shoot for short periods of time. "They were also not allowed to make many changes to the current ring, which has undergone many renovations over the years," art director Payal Ghose added. Despite this, the team was able to complete much of the design with the assistance of a consultant who had previously worked there. The BSE also provided a history book for the production team to use as a reference." The film's 89-day shoot was completed in March 2020, just before India's COVID-19 pandemic lockdown."

Reviews

Audience Review

Scam 1992 is an astonishing masterpiece directed by Hansal Mehta that masterfully orchestrates the tale of the infamous 1992 Indian stock market scam. The series suggests the culpability of more than one individual in this national scam, despite Harshad Mehta being at the helm.Pratik Gandhi, who remarkably depicts Harshad Mehta, delivers a performance so captivating that he undeniably steals the show. He, along with an array of brilliant actors, crafts an unforgettable narrative much beyond the shadow of big-name celebrities. Their collective performance truly encapsulates the essence of this narrative, which is richly adorned with financial jargons.

The uncompromising focus on the storyline combined with the absence of pointless strong language or obscenity provides a refreshing change. The cogent screenplay sails through effortlessly, refraining from the usual stretchy, melodramatic Indian TV tropes, proving that strong storytelling and direction holds the key. Scam 1992 is an absorbing watch that keeps viewers hooked from start to finish. It certainly raises the bar for what Indian audiences can expect from their home-grown series, transforming mere meme templates into unforgettable moments of drama. In one word, it's unmissable.

Tring Review

Scam 1992: The Harshad Mehta Story is a thrilling journey into India's biggest stock market scam. Crafted by Hansal Mehta and based on The Scam by Sucheta Dalal and Debashish Basu, this series vividly brings to life the financial intrigue that rocked India in 1992.

Pratik Gandhi excels as Harshad Mehta, deftly portraying the stockbroker's roller coaster journey from being a Big Bull to his unfortunate downfall. Supported by an impressive cast including Shreya Dhanwanthary as gritty journalist Sucheta Dalal, each character adds depth to the narrative.The screenplay's strength lies in demystifying complex financial jargon, making it accessible for a broader audience. Mehta's adept direction imbues authenticity into the drama, while ensuring the pace never slackens.

The series moves beyond mere scandal exposition to delve into the man behind the scam - his ambitions, vulnerabilities, and ultimately, his undoing. It thoughtfully questions the systemic lapses that allowed such huge scams to transpire rather than merely pinpointing in on the man helming it. Summing up, Scam 1992: The Harshad Mehta Story is compelling, illuminating, and remarkably engaging. A must-watch for its brilliant performances, adept storytelling, and insightful commentary on financial ethics and governance.

Tring Rating: 4.8/5

Awards

Awards

Date Of Ceremony

Category

nominee(s)

Results

Filmfare OTT Awards

2021

Best Drama Series

Scam 1992

Won

Filmfare OTT Awards

2021

Best Director

Hansal Mehta and Jai Mehta

Won

Filmfare OTT Awards

2021

Best Actor (Male)

Pratik Gandhi

Won

Filmfare OTT Awards

2021

Best Actor (Female)

Shreya Dhanwanthary

Nominated

Filmfare OTT Awards

2021

Best Supporting Actress

Anjali Barot

Nominated

Filmfare OTT Awards

2021

Best Dialogues

Sumit Purohit, Saurav Dey, Vaibhav Vishal and Karan Vyas

Won

Filmfare OTT Awards

2021

Best Adapted Screenplay

Sumit Purohit and Saurav Dey

Won

Filmfare OTT Awards

2021

Best Background Music

Achint Thakkar

Won

Filmfare OTT Awards

2021

Best Original Soundtrack

Achint Thakkar

Won

Filmfare OTT Awards

2021

Best Editor

Kunal Walve, Sumit Purohit

Won

Filmfare OTT Awards

2021

Best Cinematographer

Pratham Mehta

Won

Filmfare OTT Awards

2021

Best Production Design

Payal Ghose and Tapan Shrivastava

Won

Filmfare OTT Awards

2021

Best Costume

Arun J. Chauhan

Won

Filmfare OTT Awards

2021

Best VFX

Raghav Rai

Won

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